Osim FR 050407.indd

Notes to the Financial Statements - 31 December 2006 (cont’d)25. Short-term bank loansGroupCompany2006 2005 2006 2005$’000 $’000 $’000 $’000Secured bank loan – New Taiwan dollars 2,350 8,160 – –Unsecured bank loan – Hong Kong dollars – 1,122 – –Unsecured bank loan – China Renminbi – 4,120 – –Unsecured bank loan – Australian dollars 3,278 753 – –Unsecured bank loan – Singapore dollars 6,030 – – –11,658 14,155 – –The secured short-term bank loans are secured by fi xed deposits amounting to $498,000 (2005: $931,000) (Note 21) and freeholdland and building of a subsidiary (Note 10). These loans bear interest at the rates of 2.35% to 2.55% (2005: 1.990% to 3.380%)per annum and are repayable within the next twelve months from the balance sheet date.The unsecured short-term bank loans bear interest at the rates of 4.600% to 6.750% (2005: 2.000% to 5.030%) per annum andare repayable within the next twelve months from the balance sheet date.26. Bank loansEffectiveinterest rateper annum Maturities Group Company2006 2005 2006 2005$’000 $’000 $’000 $’000Bank loan A – New Taiwan dollars 5.51% 2019 3,444 3,982 – –Bank loan B – Ringgit Malaysia 8.02% 2007 212 513 – –Bank loan C – Singapore dollars 7.96% 2026 2,357 2,434 – –Bank loan D – Singapore dollars 6.83% 2008 3,182 5,727 – –Bank loan E – Singapore dollars 6.12% 2010 80,000 100,000 80,000 100,000Bank loan F – Singapore dollars 6.50% 2008 1,079 1,297 – –90,274 113,953 80,000 100,000Due within 12 months (23,635) (23,491) (20,000) (20,000)Due after 12 months 66,639 90,462 60,000 80,000Notes to the Financial Statements 138Annual Report 2006