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was contracted with a 5-year expiry term, with USLIBORinterest rate, increased by the spread of 0.25-0.40%annually. From the contracted amount, 580 million USDhave been withdrawn during 2007. The loan balance asat 31 December 2007 was 2.9 billion HRK.Non-compliance with the credit arrangementDuring 2007, INA d.d. and INA Group have made timelyrepayment of all the liabilities on the basis of receivedcredits (principal, interest, fees), and there were no delaysor defaults on this basis.28. Other long-term liabilitiesINA GroupINA d.d.2007 2006 2007 2006Liabilities to the state for apartments sold 93 100 93 100Included income for apartments sold 51 53 51 53144 153 144 153Long-term liabilities to the state refer to the sale of apartments to employees and former employees in accordancewith the state program (note 16). According to legal regulations, 65% of the income from apartment sales is to be paidto the state upon the receipt of funds. According to the law, the Company has no liability to deliver the funds beforecollection.Annual report 2007133