Annual Report 1999739KB - Essent

eakdown of loans due after one year1-5 years5-10 years10-15 yearsloan termmore than15 yearstotal atyear-endin millionstotal atyear-endin millionsNLGEURinterest rate3 to 4%48.255.30.00.0103.546.94 to 5%87.861.70.70.0150.268.25 to 6%630.8488.586.30.01,205.6547.16 to 7%630.6490.7234.079.51,434.8651.17 to 8%245.0208.494.326.3574.0260.58 to 9%632.5138.86.13.2780.6354.29 to 10%66.920.99.4195.4292.6132.810 to 11%0.40.00.00.00.40.211 to 12%5.60.00.00.05.62.5total in NLG2,347.81,464.3430.8304.44,547.3total in EUR1,065.4664.5195.5138.12,063.5Long-term liabilities include loans due after one year. Amounts falling due within one year are shown under currentliabilities. Long-term liabilities bear interest at an average rate of 6.78%.essent1999Long-term liabilities include:Convertible bonds As from 1 May 2001 and during the remaining term of the bonds, the convertible bondsmay, at the option of the holders, be converted into non-cancellable depositary receipts for ordinary shares inMolens voor Milieu BV.Medium Term Notes Medium Term Notes totalling NLG 325.7 million (EUR 147.8 million) were outstandingat year-end 1999.Subordinated loans The subordinated loans of NLG 209.1 million (EUR 94.9 million) are subordinated tothe receivables of other creditors.Long-term commitments relating to wind parks The long-term commitments relating to wind parksof NLG 46.1 million (EUR 20.9 million) are met from B-MAP funds and are carried at net present value.AZN project financing A total of NLG 662.7 million (EUR 300.7 million) relates to the project financing ofthe waste incineration plant at Moerdijk.Other long-term loans Other long-term loans total NLG 3,298.9 million (EUR 1,497.0 million).42financial statements