Interim Report 2012 - TodayIR.com

Notes to Financial Statements30 June 201236. FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES (Continued)Liquidity risk (Continued)The maturity profile of the Group’s financial liabilities as at the end of the reporting period, based on the contractual undiscountedpayments, is as follows (continued):31 December 2011Less than 3 to 12 1 to 5On demand 3 months months years TotalRMB’000 RMB’000 RMB’000 RMB’000 RMB’000Interest-bearing bank loans 61,482 74,196 38,620 174,298Trade payables 2,122 95,318 97,440Dividends payable 192,314 192,314Financial liabilities included in other payablesand accruals 141,334 141,334Long-term payables 32,622 32,622335,770 156,800 74,196 71,242 638,008Capital managementThe Group’s objectives when managing capital are to safeguard the Group’s ability to continue as a going concern in order to providereturns for shareholders and to maintain an optimal capital structure to reduce the cost of capital.The Group manages its capital structure and makes adjustments to it in light of changes in economic conditions. To maintain or adjustthe capital structure, the Group may adjust the dividend payment to shareholders, return capital to shareholders, issue new shares orsell assets to reduce debt. No changes in the objectives, policies or processes were made during this reporting period.INTERIM REPORT 2012 83