GLOBAL

15. OTHER CREDITORS AND ACCRUALS2002 2001$ $Other creditors 300,171 297,011Provision for redemption of customers' reward points Ð note 2(l) 1,150,000 634,000Accrued operating expenses 715,687 463,1402,165,858 1,394,151Movements in provision for redemption of customers' reward points were as follows:2002 2001$ $Balance at the beginning of the ®nancial year 634,000 300,000Provision made during the ®nancial year 1,186,000 791,000Provision utilised during the ®nancial year (670,000) (457,000)Balance at the end of the ®nancial year 1,150,000 634,00016. CURRENT LIABILITIES Ð BORROWINGS (UNSECURED)2002 2001$ $Bank overdrafts 112,782 158,956Finance lease liabilities (note 20) 2,689 4,644115,471 163,600Weighted average effective interest ratesThe weighted average effective interest rates at the balance sheet date were as follows:2002 2001% %Bank overdrafts 7.5 7.5Finance lease liabilities 4.5 4.517. NON-CURRENT LIABILITIES Ð BORROWINGS (UNSECURED)2002 2001$ $Finance lease liabilities (note 20) Ð 2,68918. SHARE CAPITAL(a) Authorised ordinary share capitalThe authorised number of ordinary shares is 3 million shares (2001: 3 million) with a parvalue of $1 per share (2001: $1 per share).(b)Issued and fully paid ordinary share capital2002 2001 2002 2001Shares Shares $ $Ordinary shares of $1 each 2,800,000 2,800,000 2,800,000 2,800,000E-65