CITIC Limited Half-Year Report 2020

117 CITIC Limited Half-Year Report 2020 For the six months ended 30 June 2020 Notes to the Consolidated Financial Statements 29 Financial risk management and fair values (continued) (e) Fair values (continued) (ii) Fair value of other financial instruments (carried at other than fair value) The carrying amounts and fair values of the Group’s financial assets and liabilities, other than those with carrying amounts that reasonably approximate to their fair values, are as follows: As at 30 June 2020 Carrying amount Fair value Level 1 Level 2 Level 3 HK$ million HK$ million HK$ million HK$ million HK$ million Financial assets Investments in financial assets – Financial assets at amortised cost 1,042,784 1,043,992 1,591 761,744 280,657 Financial liabilities Debt instruments issued – Corporate bonds issued 116,920 116,113 68,118 47,995 – – Notes issued 76,617 76,385 334 72,597 3,454 – Subordinated bonds issued 82,593 84,611 4,089 80,522 – – Certificates of deposit (not for trading purpose) 194 194 – – 194 – Certificates of interbank deposit issued 515,195 508,128 – 508,128 – – Convertible corporate bonds issued 14,287 14,170 – 14,170 – 805,806 799,601 72,541 723,412 3,648 As at 31 December 2019 Carrying amount Fair value Level 1 Level 2 Level 3 HK$ million HK$ million HK$ million HK$ million HK$ million Financial assets Investments in financial assets – Financial assets at amortised cost 1,040,997 1,057,365 2,448 743,741 311,176 Financial liabilities Debt instruments issued – Corporate bonds issued 101,530 100,670 64,254 36,416 – – Notes issued 115,006 114,362 364 110,454 3,544 – Subordinated bonds issued 99,975 100,400 6,462 93,938 – – Certificates of deposit (not for trading purpose) 3,196 3,113 – 3,113 – – Certificates of interbank deposit issued 489,886 481,933 – 481,933 – – Convertible corporate bonds issued 14,371 14,260 – 14,260 – 823,964 814,738 71,080 740,114 3,544