Annual Report - Bina Puri

Notes to and Forming Part of the Financial Statements (Cont’d)23. HIRE PURCHASE LIABILITIESGroupCompany2007 2006 2007 2006RM’000 RM’000 RM’000 RM’000Outstanding hire purchase instalments due:- not later than one year 3,674 2,342 73 41- later than one year and not later than five years 6,858 4,080 267 166- later than five years 148 75 – 4110,680 6,497 340 248Less:Unexpired term charges 1,079 660 33 29Outstanding principal amount due 9,601 5,837 307 219Less:Outstanding principal amount due not later than one year(included in current liabilities) 3,156 1,994 60 33Outstanding principal amount due later than one year 6,445 3,843 247 186The effective interest rates of the hire purchase liabilities are between 2.45% and 9.31% (2006 : 2.45% and 12.00%) perannum.24. BANK TERM LOANSGroupCompany2007 2006 2007 2006RM’000 RM’000 RM’000 RM’000Bank term loan bearing effective interest rate of 8.00%(2006 : 8.00%) per annum, repayable by 120 monthlyinstalments commencing September 2004 1,524 3,259 1,524 3,259Bank term loan bearing effective interest rateof 5% per annum – 189,269 – –Bank term loan bearing effective interest rate of 7%(2006 : 7%) per annum, repayable by 108 monthlyinstalments commencing November 2005 1,636 1,823 – –Bank term loan bearing effective interest rate of 8.25%(2006 : 7.50%) per annum, repayable by 72 instalments 126 61 – –Balance carried forward 3,286 194,412 1,524 3,25984 BINA PURI HOLDINGS BHDAnnual Report 2007