| |
| NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED |
| for the year ended 30 June 2007 |
| |
All monetary amounts are expressed
in millions of Rands |
|
2007 |
Restated
2006 |
| 16. |
LONG-TERM LOANS (continued) |
|
|
|
| 16.2 |
Interest bearing unsecured loans |
|
|
|
|
Payable |
|
|
|
|
Within 1 year |
|
198,4 |
196,4 |
|
Within the 2nd year |
|
162,5 |
149,3 |
|
Within years 3 – 5 |
|
15,3 |
26,9 |
| |
Payable after the 5th year |
|
– |
12,6 |
|
|
|
376,2 |
385,2 |
|
Less: Current portion (note 23) |
|
(198,4) |
(196,4) |
| |
|
|
177,8 |
188,8 |
| 16.3 |
Non-interest bearing unsecured loans |
|
|
|
| |
Payable within 1 year (note 23) |
|
27,8 |
55,8 |
| 16.4 |
Capitalised finance leases |
|
|
|
|
Minimum lease payments |
|
|
|
|
Within 1 year |
|
119,3 |
83,0 |
|
Within the 2nd year |
|
94,7 |
79,3 |
| |
Within years 3 – 5 |
|
48,2 |
17,1 |
|
|
|
262,2 |
179,4 |
|
Less: future finance charges |
|
(15,1) |
(8,7) |
| |
Present value of lease obligations |
|
247,1 |
170,7 |
|
The present value of lease obligations can be analysed as follows: |
|
|
|
|
Within 1 year |
|
109,4 |
82,5 |
|
Within the 2nd year |
|
90,1 |
71,9 |
| |
Within years 3 – 5 |
|
47,6 |
16,3 |
|
|
|
247,1 |
170,7 |
|
Less: Current portion (note 23) |
|
(109,4) |
(82,5) |
| |
|
|
137,7 |
88,2 |
|
|
|
617,3 |
517,0 |
| |
Details of the repayment terms of loans and the related interest rates are set
out in Annexure 2. The assets encumbered to secure the loans are detailed
in note 15. Details of Group's interest rate risk management policies are set
out in note 43. |
|
|
|
| 17. |
OBLIGATIONS UNDER FINANCE HEADLEASES |
|
|
|
|
Payable |
|
|
|
|
Within 1 year |
|
76,7 |
121,7 |
|
Within the 2nd year |
|
25,3 |
76,7 |
| |
Within years 3 – 5 |
|
53,1 |
78,4 |
|
|
|
155,1 |
276,8 |
|
Less: Current portion (note 23) |
|
(76,7) |
(121,7) |
| |
|
|
78,4 |
155,1 |
| |
Details of the repayment terms of the obligations and the related interest rates are set out in Annexure 2. The assets encumbered
to secure the loans are detailed in notes 1 and 2. Details of Group's interest rate risk management policies is set out in note 43. |
|
| |
| |
|
|
