IGO Interactive Annual Report 2018

Notes to the consolidated financial statements 30 June 2018 (continued) 21 Financial risk management (continued) (d) Recognised fair value measurements (continued) (iii) Valuation techniques used to determine level 2 and level 3 fair values (continued) All of the resulting fair value estimates are included in level 2 except for unlisted equity securities which are included in level 3. (iv) Fair value of other financial instruments The Group also has a number of financial instruments which are not measured at fair value in the balance sheet. These instruments had the following fair value at the reporting date. 30 June 2018 30 June 2017 Carrying amount $'000 Fair value $'000 Carrying amount $'000 Fair value $'000 Current assets Cash and cash equivalents 138,688 138,688 35,763 35,763 138,688 138,688 35,763 35,763 Current liabilities Bank loans 56,226 57,142 56,226 57,142 56,226 57,142 56,226 57,142 Non-current liabilities Bank loans 84,589 85,716 140,815 142,858 84,589 85,716 140,815 142,858 Independence Group NL 46 110 — IGO ANNUAL REPORT 2018 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 30 JUNE 2018