8 FINANCE INCOME AND COSTS
Group
Company
2015
RM’000
2014
RM’000
2015
RM’000
2014
RM’000
Finance costs
Profit sharing from Islamic financing:
– Term loans
–
713
–
–
– Islamic Medium Term Notes
33,749
7,100
–
–
– Revolving credits
8,775
11,646
8,394
11,646
Interest expense from conventional financing:
– Bank overdrafts
84
369
–
–
– Interest on advances from subsidiaries
–
–
13,827
10,867
– Term loans
26,297
16,498
–
–
– Revolving credits
–
2,274
–
–
– Finance lease liabilities
3,192
2,779
–
–
– Others
2,125
3,235
404
6
74,222
44,614
22,625
22,519
Less: Interest expense capitalised in:
– Property, plant and equipment
(10,065)
(1,757)
–
–
64,157
42,857
22,625
22,519
Finance income
Profit sharing from deposits with licensed banks
13,731
12,982
–
–
Net finance costs
50,426
29,875
22,625
22,519
The capitalisation rate used to determine the amount of borrowing costs eligible for capitalisation was 5%.
269
KPJ Healthcare Berhad
Annual Report
2015
NOTES TO THE
FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2015 (CONTINUED)
