Cordlife Group Limited
Annual Report 2016
121
Notes to
The Financial Statements
for the financial year ended 30 June 2016
42. Capital management (cont’d)
The Group is currently in a net cash position. The Group monitors capital using a total debt to total equity ratio,
which is interest-bearing borrowings and notes payable divided by total equity attributable to owners of the
Company.
Group
2016
2015
$’000
$’000
Interest-bearing borrowings
10,866
11,841
Notes payable
67,403
117,463
78,269
129,304
Equity attributable to owners of the Company
130,689
162,406
Total debt to total equity ratio
59.89%
79.62%
43. Authorisation of financial statements for issue
The financial statements for the financial year ended 30 June 2016 were authorised for issue in accordance with
a resolution of the directors on 6 October 2016.
