Table:
|  | Financial assets |  | Financial liabilities |  |
| --- | --- | --- | --- | --- |
|  | 2019 | 2018 | 2019 | 2018 |
|  | RMB’Million | RMB’Million | RMB’Million | RMB’Million |
| Opening balance – IAS 39 |  | 77,131 |  | 2,154 |
| Adjustment on adoption of IFRS 9 |  | 22,976 |  | – |
| Opening balance – IFRS 9 | 83,934 | 100,107 | 4,466 | 2,154 |
| Additions | 39,116 | 51,185 | 75 | 3,301 |
| Business combination | – | – | (977) | – |
| Disposals/Settlements | (6,714) | (9,899) | (1,193) | – |
| Transfers | (4,552) | (93,151) | – | – |
| Changes in fair value recognised in other comprehensive income | 328 | 261 | – | – |
| Changes in fair value recognised in profit or loss* | 9,241 | 30,485 | (463) | (1,063) |
| Currency translation differences | 1,740 | 4,946 | (35) | 74 |
| Closing balance | 123,093 | 83,934 | 1,873 | 4,466 |
| * Includes unrealised gains or (losses) recognised in profit or loss attributable to balances held at the end of the reporting period | 3,265 | 6,861 | (463) | (1,063) |
Paragraphs:
3.3 Fair value estimation (continued)                                                       If one or more of the significant inputs are not based on observable market data, the instrument is included in level 3.
Specific valuation techniques used to value financial instruments mainly include:
Dealer quotes for similar instruments;
The fair value of interest rate swaps is calculated as the present value of the estimated future cash flows based on observable yield curves; and
Other techniques, such as discounted cash flow analysis, are used to determine fair value for financial instruments.
During the year ended 31 December 2019, there was 1 transfer between level 1 and 2 for recurring fair value measurements. For transfers in and out of level 3 measurements see the following table, which presents the changes of financial instruments in level 3 for the years ended 31 December 2019 and 2018:
Question:
What is the 2018 IAS 39 opening balance of financial liabilities?
Answer: 2,154