* Includes long term debt with remaining loan life less than a year to maturity.

The Group had built up sufficient credit capacity and cash resources that enabled it to meet its short-term debt obligations, support its immediate refinancing needs and effectively react to opportunistic investments. Additionally, the Group constantly rebalances its loan profile so as to ensure that its refinancing requirements are prudently spread out. This allows the Group to secure competitive sources of funding at the right windows. In reviewing the maturity profile of its loan portfolio, the Group also took into account any divestment or investment plans.