Manulife US REIT - Annual Report 2021

MANULIFE US REIT 186 For the year ended 31 December 2021 Notes to the Financial Statements 22 FAIR VALUES OF ASSETS AND LIABILITIES (CONT'D) (a) Classification and fair value of financial instruments (cont'd) Carrying amount Fair value Note Financial assets at amortised cost Financial liabilities at amortised cost FVTPL Total carrying amount Level 1 Level 2 Level 3 Total US$’000 US$’000 US$’000 US$’000 US$’000 US$’000 US$’000 US$’000 Trust 2021 Financial assets measured at fair value Financial derivatives 10 − − 5,653 5,653 − 5,653 − 5,653 Financial assets not measured at fair value Cash and cash equivalents 4 6,927 − − 6,927 Trade and other receivables^ 5 39,739 − − 39,739 46,666 − − 46,666 Financial liabilities not measured at fair value Trade and other payables 8 − 40,710 − 40,710 Loans and borrowings 9 − 684,642 − 684,642 − − 687,800 687,800 − 725,352 − 725,352 Financial liabilities measured at fair value Financial derivatives 10 − − 4,742 4,742 − 4,742 − 4,742 ^ Excluding GST receivables.