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213
Notes to the financial statements
31 December 2012
(continued)
Annual Report 2012 KPJ Healthcare Berhad
40. Capital management
The primary objective of the Group’s capital management is to ensure that it maintains a strong credit rating and healthy capital ratios in order to support
its business and maximise shareholder value.
The Group manages its capital structure and makes adjustments to it, in light of changes in economic conditions. To maintain or adjust the capital structure,
the Group may adjust the dividend payment to shareholders, return capital to shareholders or issue new shares.
The Group monitors capital using a gearing ratio, which is total borrowings divided by shareholders’ funds.
The Group’s gearing ratios as at 31 December 2012 and 31 December 2011 were as follows:
Group
2012
2011
RM’000
RM’000
Current borrowings
206,627
140,991
Non-current borrowings
385,469
302,480
Total
592,096
443,471
Shareholders’ funds
1,035,925
892,954
Gearing ratio
0.57
0.50
41. Comparative
The presentation and classification of items in the current year financial statements have been consistent with the previous financial year except that certain
comparative amounts have been reclassified to conform with current year’s presentation.