CITIC Limited Half-Year Report 2019

117 CITIC Limited Half-Year Report 2019 For the six months ended 30 June 2019 29 Financial risk management and fair values (continued) (e) Fair values (continued) (i) Financial instruments carried at fair value (continued) The following table shows a reconciliation from the beginning balances to the ending balances for fair value measurements in Level 3 of the fair value hierarchy: Six months ended 30 June 2019 Assets Liabilities Derivatives financial assets Investments in financial assets Total Financial liabilities at fair value through profit or loss Derivatives financial liabilities Total HK$ million HK$ million HK$ million HK$ million HK$ million HK$ million At 1 January 2019 530 82,383 82,913 (370) (1) (371) Total gains/(losses): 44 141 185 (14) 1 (13) – in profit or loss 1 (96) (95) (14) – (14) – in other comprehensive income 43 237 280 – 1 1 Net settlements – (6,443) (6,443) 150 (1) 149 At 30 June 2019 574 76,081 76,655 (234) (1) (235) Total gains/(losses) for the period included in profit or loss for assets and liabilities held in Level 3 as at the balance sheet date 1 (96) (95) (14) – (14) Notes to the Consolidated Financial Statements