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 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  - 90 -  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. 