Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Fair Value Measurement (Tables)

v3.19.2
Fair Value Measurement (Tables)
12 Months Ended
Jan. 31, 2019
Fair Value Measurement  
Schedule of Fair Value Measurement of Assets and Liabilities

The table below shows the assigned level for each asset and liability held at fair value by the Group:

 

    Level 1 
NZ$000’s
    Level 2 
NZ$000’s
    Level 3 
NZ$000’s
    Total 
NZ$000’s
 
31 January 2019                        
Recurring fair value measurements                                
Financial assets                                
Foreign exchange contracts     -       -       -       -  
Financial liabilities                                
Foreign exchange contracts     -       1,484       -       1,484  
Derivative on Convertible Notes     -       -       -       -  

 

    Level 1 
NZ$000’s
    Level 2 
NZ$000’s
    Level 3 
NZ$000’s
    Total 
NZ$000’s
 
31 January 2018                        
Recurring fair value measurements                                
Financial assets                                
Foreign exchange contracts     -       -       -       -  
Financial liabilities                                
Foreign exchange contracts     -       2,087       -       2,087  
Derivative on Convertible Notes     -       -       1,110       1,110  

  

    Level 1 
NZ$000’s
    Level 2 
NZ$000’s
    Level 3 
NZ$000’s
    Total 
NZ$000’s
 
31 January 2017                        
Recurring fair value measurements                                
Financial assets                                
Foreign exchange contracts     -       -       -       -  
Financial liabilities                                
Foreign exchange contracts     -       4,188       -       4,188  
Derivative on Convertible Notes     -       -       4,112       4,112  

Schedule of Valuation Techniques for Fair Value Measurements Categorized Within Level 3

The following table presents the changes in level 3 instruments for the year ended 31 January 2019.

 

    Convertible note liability 
NZ$000’s
 
Balance at 31 January 2018     1,110  
Conversion     (1,110 )
Balance at 31 January 2019     -