01 02 03 Financial Statements 04 39. Risk management continued Liquidity risk and funding management continued Less than More than 31 December 2017 one year one year Total Assets Cash and cash equivalents 48,840 – 48,840 Amounts due from credit institutions 14,768 – 14,768 Insurance premiums receivables 20,233 – 20,233 Receivables from healthcare services 100,944 – 100,944 Receivables from sales of pharmaceuticals 19,798 – 19,798 Inventory 131,849 – 131,849 Prepayments 16,448 13,906 30,354 Current income tax assets 2,026 – 2,026 Investment in associate – 2,745 2,745 Property and equipment – 642,859 642,859 Goodwill and other intangible assets – 143,674 143,674 Other assets 10,309 12,439 22,748 Total assets 365,215 815,6231,180,838 Liabilities Accruals for employee compensation 21,944 – 21,944 Insurance contract liabilities 20,953 – 20,953 Accounts payable 105,963 – 105,963 Current income tax liabilities 72 – 72 Finance lease liabilities 8,834 – 8,834 Payable for share acquisitions 15,946 82,312 98,258 Borrowings 60,695 206,315 267,010 Debt securities issued 4,483 89,010 93,493 Other liabilities 15,911 – 15,911 Total liabilities 254,801 377,637 632,438 Net position 110,414 437,986 548,400 Accumulated gap 110,414 548,400 Amounts and maturities in respect of the insurance contract liabilities are based on management’s best estimate based on statistical techniques and past experience. Management believes that the current level of the Group’s liquidity is sufficient to meet all its present obligations and settle liabilities in timely manner. The Group also matches the maturity of financial assets and financial liabilities and imposes a maximum limit on negative gaps. The table below summarises the maturity profile of the Group’s financial liabilities based on contractual undiscounted repayment obligations. Repayments, which are subject to notice, are treated as if notice were to be given immediately. Less than 3 to 1 to Over 31 December 2018 3 months 12 months 5 years 5 years Total Accounts payable 97,921 – 7,171 – 105,092 Accruals for employee compensation 26,615 – – – 26,615 Debt securities issued 4,877 4,712 118,350 – 127,939 Borrowings 45,655 78,224 204,433 23,459 351,771 Payable for share acquisition 5,041 2,677 85,487 – 93,205 Finance lease liabilities 8,780 – – – 8,780 Total undiscounted financial liabilities 188,889 85,613 415,441 23,459 713,402 Less than 3 to 1 to Over 31 December 2017 3 months 12 months 5 years 5 years Total Accounts payable 105,963 – – – 105,963 Accruals for employee compensation 21,944 – – – 21,944 Debt securities issued 4,816 4,771 128,727 – 138,314 Borrowings 33,084 45,006 258,585 – 336,675 Payable for share acquisition 14,858 1,103 23,588 108,405 147,954 Finance lease liabilities 3,455 5,593 – – 9,048 Total undiscounted financial liabilities 184,120 56,473 410,900 108,405 759,898 169