Annual report for 2004/05 - Hemas Holdings, Ltd

Notes to the Financial StatementsYear ended 31 March 200522. INTEREST BEARING LOANS & BORROWINGS2005 2005 2004 2004Amount Amount Amount Amount22.1 Group Repayable Repayable 2005 Repayable Repayable 2004Within 1 Year After 1 Year Total Within 1 Year After 1 Year TotalRs. Rs. Rs. Rs. Rs. Rs.Finance Leases 1,243,198 2,105,852 3,349,050 1,335,397 2,448,929 3,784,326Bank Loans (22.1.1) 472,770,820 1,939,174,500 2,411,945,320 509,947,055 1,715,682,335 2,225,629,390Commercial Papersand Promissory Notes (22.2.1) - - - 25,000,000 - 25,000,000Debentures 6,818,182 43,181,818 50,000,000 - 50,000,000 50,000,000Preference Shares (22.1.2) - 100,000,000 100,000,000 - 100,000,000 100,000,000Bank Overdrafts 361,893,231 - 361,893,231 160,172,634 - 160,172,634842,725,431 2,084,462,170 2,927,187,601 696,455,086 1,868,131,264 2,564,586,35022.1.1 Bank Loans As at Loans Obtained Repayments As at01.04.2004 31.03.2005Rs. Rs. Rs. Rs.Bank Loans 2,225,629,390 2,138,550,093 (1,952,234,163) 2,411,945,3202,225,629,390 2,138,550,093 (1,952,234,163) 2,411,945,32022.1.2 Preference Shares12% Cumulative Redeemable Preference Shares has been issued by Heladhanavi Ltd. the jointly controlled entity to the DFCC bank forinitial fund requirement for the construction of the plant.2005 2005 2004 2004Amount Amount Amount Amount22.2 Company Repayable Repayable 2005 Repayable Repayable 2004Within 1 Year After 1 Year Total Within 1 Year After 1 Year TotalRs. Rs. Rs. Rs. Rs. Rs.Commercial Papers andPromissory Notes (22.2.1) - - - 25,000,000 - 25,000,000Bank Overdrafts 48,964 - 48,964 47,427,354 - 47,427,35448,964 - 48,964 72,427,354 - 72,427,354As at Promissory Notes Repayment As at01.04.2004 Obtained 31.03.200522.2.1 Promissory Notes Rs. Rs. Rs. Rs.Mercantile Service Provident Fund (MSPS) 25,000,000 - (25,000,000) -25,000,000 - (25,000,000) -A N N U A L R E P O R T 2 0 0 4 - 2 0 0 5 61