Annual Report 2002 - Agfa

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
19. Financial liabilities
continued
2
Unsecured bank facilities
MILLION EUROS 2002 2001
Currency
Outstanding
Interest rate
Maturity
Outstanding
Interest rate
Maturity
amount
date
amount
date
Long-term facilities USD 5 2.35% Revolving 59 2.44% - 3% Revolving
JPY 8 2.56% 03/04 12 2.56% 03/04
SEK 6 6.30% Revolving 6 3.70% Revolving
Total long-term facilities 19 77
MILLION EUROS 2002 2001
Currency Outstanding
Weighted
Maturity
Outstanding
Weighted
Maturity
Short-term facilities
amount average rate date
amount average rate date
Multicurrency
48 4.72% 03/03 66 6.53% 03/02
Total short-term facilities 48 66
3
Finance lease liabilities
Lease agreements in which the Group is a lessee, give rise to financial liabilities in the balance
sheet, equal at the inception of the lease to the fair value of the leased property or, if lower, at
the present value of the minimum lease payments. These liabilities amounted to 15 million
Euros as of December 31, 2002 and will bear interest until maturity date of 14 million Euros.
The financial liabilities are payable as follows:
MILLION EUROS 2002 2001
Total future
Unexpired
Present value
Total future
Unexpired Present value
payments
interest
payments
interest
expense
expense
Not later than one year 4 2 2 5 2 3
Between one and five years 12 6 6 12 6 6
Later than five years 13 6 7 15 7 8
Total 29 14 15 32 15 17
77
Agfa annual report 2002