Strength & Stability - ECS Holdings Limited

18 Financial Liabilities (Cont’d)
Terms and conditions of all other interest-bearing liabilities are as follows:
Nominal 2008 2007
interest
rate
Year of
maturity
Face
value
Carrying
amount
Face
value
Carrying
amount
$’000 $’000 $’000 $’000
Group
Unsecured bank loans and trade
financing
- S$ floating rate 1.19% - 6.73% 2009 14,500 14,500 7,000 7,000
- US$ floating rate 1.19% - 8.10% 2009 – 2011 99,938 99,938 82,042 82,042
- RMB floating rate 4.50% - 7.52% 2009 28,604 28,604 26,358 26,358
- THB floating rate 3.13% - 5.66% 2009 23,220 23,220 37,872 37,872
- RM floating rate 4.87% - 8.05% 2009 25,914 25,914 30,910 30,910
192,176 192,176 184,182 184,182
Unsecured bank overdrafts 7.00% - 8.05% 2009 1,016 1,016 - -
US$ finance lease liabilities 10.00% 2009 – 2012 222 222 27 27
Derivative liabilities - - - - 6,329 6,329
193,414 193,414 190,538 190,538
Company
Unsecured bank loans
- S$ floating rate loans 1.71% - 3.56% 2009 2,500 2,500 4,500 4,500
- US$ floating rate loans 1.19% - 6.91% 2009 84,760 84,760 58,290 58,290
87,260 87,260 62,790 62,790
Notes to the
Financial Statements
These notes form an integral part of the financial statements.
Annual Report 2008
p.
79