2007 Annual Report - Sappi

31. Financial Instruments continued
September 2006
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 1,635 – – 1,634 1,634 1,695
Bank loans payable (> 1 year) – incl. syndicated loans – – 606 606 661
Bonds – – 917 917 920
Finanical leasing liabilities – – 32 32 33
Other – – 79 79 81
Fair value of derivatives 23 – 23 – 23 23
Current liabilities
Interest bearing borrowings 693 – – 693 693 694
Bank loans payable (< 1 year) – incl. syndicated loans – – 168 168 168
Commercial paper – – 25 25 25
Current portion of other non-current loans payable – – 141 141 142
Finanical leasing liabilities – – 1 1 1
Secured loans (< 1 year) – – 3 3 3
Securitisation debt – – 346 346 346
Other current loans – external – – 9 9 9
Overdraft 9 – – 9 9 9
Bank overdrafts (< 3 months) – – 9 9 9
Fair value of derivatives 14 – 14 – 14 14
Trade and other payables 803 127 – 676 676 677
Accruals 127 – 244 244 244
Accounts payable to associates – – 11 11 11
Other accounts payable – current – – 421 421 422
sappi limited | 07 | annual report 155