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Annual Report 2013
KPJ HEALTHCARE BERHAD
233
27.
Borrowings (continued)
Group
2013
2012
RM’000
RM’000
Revolving credits (unsecured):
- Conventional
55,900
70,000
- Al-Amin
277,027
105,900
332,927
175,900
Hire purchase and nance lease liabilities:
- Conventional
5,295
10,417
- Bai Al-Inah
38,089
2,878
43,384
13,295
Bank overdrafts (unsecured)
8,140
1,046
1,027,492
592,096
Company
2013
2012
RM’000
RM’000
Current
Revolving credits (unsecured):
- Conventional
-
70,000
- Al-Amin
275,000
50,000
275,000
120,000
Borrowings for the Group and the Company are denominated in Ringgit Malaysia.
The borrowings are secured by:
(a)
xed charge on certain landed properties of the Group (Note 13);
(b)
rst xed charge on certain assets of the Group by way of debenture;
(c)
letter of awareness, letter of comfort and letter of subordinates from Johor Corporation;
(d)
a negative pledge over some of the xed and oating assets of the Group;
(e)
xed rst and oating charge over some movable and immovable assets of the Group; and
(f)
nance leases are effectively secured as the rights to the leased asset revert to the lessor in the event of default.
Notes to the
Financial Statements
For the financial year ended 31 December 2013
(continued)