NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 
 
NOTE 25 – ISSUED CAPITAL continued 
 
d) Restricted Share Units on Issue 
Details of the restricted share units outstanding as at 31 December : 
  
 
Grant Date 
2014 
No. of RSUs 
2013 
No. of RSUs 
05 Dec 2011 - 88,500 
15 Oct 2012 352,676 709,817 
19 April 2013 411,769                  625,304 
28 May 2013 187,124 280,686 
15 April 2014     126,666                   - 
24 April 2014 1,291,951 - 
29 April 2014 90,000 - 
30 May 2014        503,991                   - 
Total RSUs outstanding     2,964,177   1,704,307 
 
e) Capital Management 
Management controls the capital of the Group in order to maintain an appropriate debt to equity ratio, 
provide the shareholders with adequate returns and ensure that the Group can fund its operations and 
continue as a going concern. 
 
The Group’s debt and capital includes ordinary share capital and financial liabilities, supported by financial 
assets.  Other than the covenants described in Note 21 , the Group has no externally imposed capital 
requirements. 
 
Management effectively manages the Group’s capital by assessing the Group’s financial risks and adjusting 
its capital structure in response to changes in these risks and in the market.  These responses include the 
management of debt levels, distributions to shareholders and shareholder issues.  
 
There have been no changes in the strategy adopted by management to control the capital of the Group 
since the prior period.  The strategy is to ensure that the Group’s gearing ratio remains minimal .  As at 31 
December 2014 and 2013, the Company had $ 128.8 million and $29.1 million of outstanding debt, net of 
deferred financing fees, respectively. 
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