MedPlus Health Services Limited (formerly known as MedPlus Health Services Private Limited)
Annexure- VIL

Notes to Restated Consolidated Financial Information

(All amounts are it Rs in millions except as others stated)

46, Financial risk management (continued)
Other financial instruments including cash deposits

(Credit risk from balances with banks is managed by the Group's treasury department in accordance with the Group's policy, Investments of surplus funds are made only with approved counterparties and within credit

  

limits assigned to each counterparty. Counterparty credit limits are reviewed by the Group's Board of Directors on an annul basis, and may be updated throughout the year subject to approval of the authorised person,
The limits are set to minimise the concentration of risks and therefore mitigate financial loss through counterparty’s potential failure to make payments.

Liquidity risk
Liquidity risk rel
requirements. The Group manages liquidity risk by maintaining adequate reserves, banking facilities and reserve borrowing facilities, by continuously monitoring forecast and actual cash flows, and by matching the
_maturity profiles of financial assets and liabilities,

 

rs to the risk that the Group cannot meet its financial obligations. The objective of liquidity risk management is to maintain sufficient liquidity and ensure that funds are available for use as per

‘The table below summarises the maturity profile ofthe Group's financial liabilities based on contractual undiscounted payments:

 

Particulars Tess than I year TtoS years SB years Total
jeptember 30, 2021

Borrowings

Trade payables

 

   

 

 

 

 

 

 

 

 

 

 

 

 

 

   

 

 

 

 

 

 

 

 

 

 

 

 

(Other financial liabilities na2 “
Lease liability 1221.63 443718 220017 7,650.96
457479 214830 2292.17, T0152
Particulars ‘Less than I year Tho years > Byars Total
plember 30, 2020
Borrowings 863.82 7
Trade payables 1813.07 -
(Other financial liabilities 51909 1313
Lease liability 9252 3,099.36 4741.20 5,763.08
18.50 311249 1741.20 3972.19
Particulars Less than T year TtoS years > S years Total
‘March 31, 2021
Borrowings 2 2 135235
‘Trade payables 2 2 1480.98
Other financial liabilities 1158 2 384.93,
Lease liability 3,601.08 2,059.09
3022 2,059.09
Particulars [ess than I year to years > Byars Total
‘March 31, 2020;
Borrowings 1105051 5 - 1.05051
Trade payables 234151 : 2 341.
(Other financial liabilities 9721 1430 2 45151
Lease liability 850.61 280043 189232 5523.16
5679.64 284473 184232 9,366.69
Particulars Tess than I year ToS years SS years Total
‘March 3,201
Borrowings 144.02 - - 1044.02
‘Trade payables 1581.2 - - 1581.22
Lease liability 75474 2493.49 1,605.79 485401
(Other financial liabilities 266.73, 26.02 - 202.75
S671 251951 605.79 777.00

 

 

47, Capital Management
For the purpose of the Group's capital manag
maximise the shareholder value,

sment, capital includes issued equity capital and all other equity reserves attributable to the equity holders. The primary objective of the Group's capital management is to

 

The Group manages its capital structure in consideration to the changes in economic conditions and the requirements of the financial cavenants. The Group's monitors capital using a gearing ratio, which is net debt
divided by total capital plus net debt. The Group includes within net debt, borrowings including interest accrued on borrowings less cash and short-term deposits

 

 

 

 

 

 

 

 

September 302021 September 30,2020 March 31, 2021 March 31,2020 March 31, 2019
Borrowings including interest accrued on borrowings 307 48 BRST 135235 105051 OHO
Less: cash and cash equivalents (256.78) (418.45) (1,068.16) 139.1) (25083)
Net debt 310.70 “445.37 284.19 (68.65) 793.20
Equity 6439 To 25 TH To
Other Equity 7,985.38 5,901.47 7,301.05 5,276.08 2911.83
‘Total Equity 8,009.77 590341 7,305.53 5,278.02 2913.37
Gearing ratio (Net Debt/ (Net Debt+Total Equity)) DoF 007 on (0.02) 021

In order to achieve this overall objective, the Group's capital management, amongst other things, aims to ensure that it meets financial covenants attached to the interest-bearing loans and borrowings that define capital
structure requirements, There have been no breaches in the financial covenants of any interest-bearing loans and borrowing in the current period.

No changes were made in the objectives, policies or processes for managing capital during the six months period ended September 30, 2021
