Valdoren's Level 3 instruments, measured on a recurring basis (case data), have an opening balance of 640,000. During the year: gains recognised in profit or loss 45,000, gains in other comprehensive income 18,000, purchases 120,000, sales 75,000 and transfers into Level 3 30,000. Compute the closing balance of the reconciliation.
- Opening balance
- 640,000
- Gains in profit or loss
- 45,000
- Gains in other comprehensive income
- 18,000
- Purchases
- 120,000
- Sales
- 75,000
- Transfers into Level 3
- 30,000