BAKERTECHNOLOGYLIMITED
ANNUALREPORT2013
131
Notes to the
Financial Statements
for the financial year ended 31December 2013
31. Fairvalueof financial instruments (CONT’D)
C.
Fairvalueoffinancial instruments thatarenot carriedat fairvalueandwhosecarryingamountsarenot reasonable
approximationof fair value
GroupandCompany
2013
2012
$
$
Non-current:
Available-for-sale financial assets
- Equity securities (unquoted)
339,012
–
These equity instruments are not quotedon anymarket and donot have any comparable industry peer that is listed.
32. Capitalmanagement
The capital includes cash and loans borrowingwhich are disclosed inNote 22 and 23 respectively.
Theprimaryobjectiveof theGroup’s capitalmanagement is to ensure that itmaintains a strong credit rating, healthy cashflows and
loans andborrowings at an acceptable level in order to support its business andmaximise shareholder value.
TheGroup is not subject to any externally imposed capital requirements.
The Groupmanages its capital structure andmakes adjustments to it, in light of changes in economic conditions. Tomaintain or
adjust the capital structure, the Group may adjust the dividend payment to shareholders, or issue new shares. No changes were
made in the objectives, policies or processes during the years ended31December 2013 and31December 2012.
