Registration No. 200301030845 (633265-K) - 155 - 41. Capital Management The Group’s management manage its capital is to maintain a strong capital base and safeguard the Group’s ability to continue as a going concern and maintains an optimal capital structure, so as to maximise shareholders value. The management reviews the capital structure by considering the cost of capital and the risks associated with the capital. In order to maintain or adjust the capital structure, the Group may adjust the amount of dividends paid to shareholders, return capital to shareholders, issue new shares or sell assets to reduce debt. The Group monitors capital using a gearing ratio. The Group’s policy is to maintain a prudent level of gearing ratio that complies with debt covenants and regulatory requirements. The gearing ratios at end of the reporting period are as follows: 30.6.2024 31.12.2022 RM RM Total loans and borrowings 21,693,500 18,859,375 Less: Deposits, bank and cash balances (49,609,597) (27,575,181) Net debt (27,916,097) (8,715,806) Total equity 121,595,210 126,078,204 Gearing ratio # # # Gearing ratio may not provide a meaningful indicator of the risk of borrowings. There were no changes in the Group’s approach to capital management during the financial period. The Group is not subject to any externally imposed capital requirements. 42. Date of Authorisation for Issue The financial statements were authorised for issue by the Board of Directors in accordance with a resolution of the Directors on 30 October 2024. NOTES TO THE FINANCIAL STATEMENTS 232 DESTINI BERHAD ANNUAL REPORT 2024
RkJQdWJsaXNoZXIy NDgzMzc=