TŽ Annual Report 2008 in pdf, 7.5 MB - Třinecké železárny

4.9.6. Bank LoansLong-Term Bank Loans(CZK thousand)Type of loan Currency Balance at 31 Balance at 31 Balance at 31 Interest rate % Form of collateral at 31 Dec 2008Dec 2008 Dec 2007 Dec 2006Investment EUR 0 3 113 10 783 6M EURIBOR + 0.6 ÖKB guarantee insurerInvestment EUR 339 143 490 143 659 379 6M EURIBOR + 0.6 Hermes guarantee insurerInvestment EUR 0 17 633 36 424 6M EURIBOR + 0.75 Hermes guarantee insurerInvestment EUR 0 0 7 124 6M EURIBOR + 0.7 CESCE guarantee insurerInvestment EUR 0 0 6 306 6M EURIBOR + 0.5 SACE guarantee insurerInvestment CZK 0 0 18 750 6M PRIBOR + 1.95 Real estate, collateral bill of exchange, LoC MSInvestment EUR 3 995 32 960 64 008 6M EURIBOR + 0.625 SACE guarantee insurerInvestment EUR 22 668 31 370 17 203 6M EURIBOR + 0.6 SACE guarantee insurerInvestment CZK 0 50 000 90 000 6M PRIBOR + 1.25 Real estate, collateral bill of exchange, LoC MSInvestment CZK 15 773 78 867 157 734 FIX 3.76 Immovable and movable assets, blank bill of exchangeInvestment CZK 18 000 54 000 90 000 3M PRIBOR + 1.65 Movable assets, guarantee statement of MSInvestment CZK 45 000 75 000 105 000 FIX 4.3 Movable assets, guarantee statement of MSInvestment CZK 144 444 188 889 233 333 FIX 4.65 Immovable and movable assets, guarantee statementof MS, blank bill of exchangeTotal 589 023 1 021 975 1 496 044Short-Term Bank Loans(CZK thousand)Type of loan Currency Balance at 31 Balance at 31 Balance at 31 Interest rate % Form of collateral at 31 Dec 2008Dec 2008 Dec 2007 Dec 2006Investment EUR 3 150 7 326 7 567 6M EURIBOR + 0.6 ÖKB guarantee insurerInvestment EUR 148 220 153 565 197 301 6M EURIBOR + 0.6 Hermes guarantee insurerInvestment EUR 17 838 17 633 18 212 6M EURIBOR + 0.75 Hermes guarantee insurerInvestment EUR 0 6 897 14 248 6M EURIBOR + 0.7 CESCE guarantee insurerInvestment EUR 0 0 17 787 6M EURIBOR + 0.75 EKN guarantee insurerInvestment EUR 0 0 6 266 6M EURIBOR + 0.75 EKN guarantee insurerInvestment EUR 0 6 105 12 611 6M EURIBOR + 0.5 SACE guarantee insurerInvestment EUR 0 0 6 944 6M EUROLIBOR + 1.25 KUKE guarantee insurerInvestment CZK 0 0 75 000 6M PRIBOR + 1.95 Real estate, blank bill of exchange, LoC MSInvestment EUR 29 349 29 012 29 965 6M EURIBOR + 0.625 SACE guarantee insurerInvestment EUR 9 067 8 963 9 820 6M EURIBOR + 0.6 SACE guarantee insurerInvestment CZK 50 000 40 000 40 000 6M PRIBOR + 1.25 Real estate, blank bill of exchange, LoC MSInvestment CZK 63 094 63 094 63 094 FIX 3.76 Real estate and movable assets, blank bill of exchangeInvestment CZK 36 000 36 000 36 000 3M PRIBOR + 1.65 Movable assets, guarantee statement of MSInvestment CZK 30 000 30 000 30 000 FIX 4.3 Movable assets, guarantee statement of MSInvestment CZK 44 444 44 444 44 445 FIX 4.65 Real estate and movable assets, guarantee statementof MS, blank bill of exchange.Total 431 162 443 039 609 260Repayment Schedule(CZK thousand)Years 2009 2010 2011 2012 2013 Following TotalperiodsLoan instalments 431 162 224 306 154 811 131 600 67 679 10 627 1 020 1854.10. Accrued Expenses and Deferred Income (CZK thousand)31 Dec 2008 31 Dec 2007 31 Dec 2006Accrued expenses 7 979 14 379 13 177– Interest, fees 6 544 9 070 12 850– Invoices, credit notes 1 435 5 309 327Deferred income 0 31 30Total accrued expenses and deferred income 7 979 14 410 13 20756F I N A N C I A L P A R T