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306

Notes to the

Financial Statements

for the year ended 31 December 2016

38. PERFORMANCE BONDS AND GUARANTEES

Group

2016

RM’000

2015

RM’000

Secured:

Performance bond extended to Government of Malaysia in respect of security for

the due performance of the Hospital Support Services Concession Agreement

dated 28 October 1996 (Note 28(e))

16,618

25,642

Performance bond to Western Region Municipality of Abu Dhabi for Facilities

Management Services in Abu Dhabi

12,099

11,606

Other bank performance bonds and letter of credit

14,626

15,611

Bank guarantee issued to authorities

1,716

1,708

Bank guarantees and performance bonds issued to others

35,591

2,325

Total

80,650

56,892

Unsecured:

Bank guarantees extended to third parties – trade related

62,455

53,655

Performance bond extended to third parties – trade related

28,216

27,069

Retention guarantee extended to third parties – trade related

9,894

9,492

100,565

90,216