5.3: Fair Value Measurements

Fair Value measurements at the end of the reporting period

Non-financial assets

Leasehold Improvements

Property, plant and equipment

Heritage & Cultural

Total non-financial assets

Total recurring fair value measurements of assets in the statement of financial position

Accounting Policy

The Mint engages an independent valuer in line with its policy stated in Note 2.2A.

An asset or liability is required to be classified in its entity on the basis of the lowest level of valuation inputs that is significant to fair value. Considerable judgement is required to determine what is significant to fair value and therefore the category the asset or liability is placed in can be subjective.