Manulife US REIT - Annual Report 2021

ANNUAL REPORT 2021 187 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 2020 Financial assets not measured at fair value Cash and cash equivalents 4 3,442 − − 3,442 Trade and other receivables^ 5 37,673 − − 37,673 41,115 − − 41,115 Financial liabilities not measured at fair value Trade and other payables 8 − 2,311 − 2,311 Loans and borrowings 9 − 337,442 − 337,442 − − 340,300 340,300 − 339,753 − 339,753 Financial liabilities measured at fair value Financial derivatives 10 − − 12,985 12,985 − 12,985 − 12,985 ^ Excluding GST receivables.