|
Appendix 1: Non-current borrowings
| |
Weighted closing |
|
.........GROUP |
|
......COMPANY |
| |
interest rate |
|
2007 |
|
2006 |
|
2007 |
|
2006 |
| |
% |
|
R millions |
|
R millions |
|
R millions |
|
R millions |
| Unsecured |
|
|
|
|
|
|
|
|
|
| Local |
|
|
|
|
|
|
|
|
|
| Loans |
|
|
|
|
|
|
|
|
|
| 1998/2013 |
9.00 |
|
3 |
|
3 |
|
3 |
|
3 |
| 2004/2007 |
— |
|
— |
|
200 |
|
— |
|
200 |
| 2006/2008 |
— |
|
4 |
|
8 |
|
— |
|
— |
| Foreign |
|
|
|
|
|
|
|
|
|
| Loans – US dollar |
5.41 |
|
209 |
|
205 |
|
195 |
|
200 |
| Secured |
|
|
|
|
|
|
|
|
|
| Local |
|
|
|
|
|
|
|
|
|
| Loans – other(1) |
14.77 |
|
29 |
|
36 |
|
3 |
|
5 |
| Foreign |
|
|
|
|
|
|
|
|
|
| Loans – other currencies |
— |
|
— |
|
1 |
|
— |
|
— |
| |
|
|
245 |
|
453 |
|
201 |
|
408 |
| Minority shareholder loan to subsidiary |
|
|
|
|
|
|
|
|
|
| 2004/2012(2) |
13.12 |
|
299 |
|
321 |
|
|
|
|
| |
|
|
544 |
|
774 |
|
201 |
|
408 |
| |
|
(1)
|
Secured in terms of capitalised finance lease agreements over plant and equipment having a net book value of
R18 million (2006: R9 million) and mortgages over property having a net book value of R24 million (2006: R27 million). |
(2)
|
Equity loan from empowerment consortium to AEL Holdco Limited. Interest and capital repayments of the loan have been guaranteed by the Company. |
Summary of repayments
| |
Year |
|
Local |
|
Foreign |
|
Total |
| |
2008 |
|
38 |
|
4 |
|
42 |
| |
2009 |
|
28 |
|
181 |
|
209 |
| |
2010 |
|
28 |
|
— |
|
28 |
| |
2011 |
|
26 |
|
24 |
|
50 |
| |
2012 |
|
22 |
|
— |
|
22 |
| |
After 2012 |
|
193 |
|
— |
|
193 |
| |
|
|
335 |
|
209 |
|
544 |
|
