2007 Annual Report - Sappi

31. Financial Instruments continued
September 2007
Categories according to IAS 39
Out of Other Total
Total scope Held for financial in Fair
US$ million balance IAS 39 trading liabilities scope value
Non-current liabilities
Interest bearing borrowings 1,829 – – 1,829 1,829 1,898
Bank loans payable (> 1 year) – incl. syndicated loans – – 624 624 631
Bonds – – 1,093 1,093 1,144
Finanical leasing liabilities – – 32 32 37
Other – – 80 80 86
Fair value of derivatives 15 – 15 – 15 15
Current liabilities
Interest bearing borrowings 772 – – 772 772 764
Bank loans payable (< 1 year) – incl. syndicated loans – – 374 374 374
Commercial paper – – 28 28 28
Finanical leasing liabilities – – 9 9 7
Securitisation debt – – 354 354 354
Other current loans – external – – 7 7 1
Overdraft 22 – – 22 22 22
Bank overdrafts (< 3 months) – – 22 22 22
Fair value of derivatives 28 – 28 – 28 28
Trade and other payables 952 135 – 816 816 818
Accruals 135 – 304 304 306
Accounts payable to associates – – 7 7 7
Other accounts payable – current – – 505 505 505
sappi limited | 07 | annual report 153