UBHL annual report - United Spirits Limited

Consolidated Financial StatementsNotes to the financial statements for the year ended March 31, 2012 (Contd.)Nature of Security(v) Term loans from banks amounting to Rs 5,271.949Million (2011: Rs 6,260.5 Million) are secured bya charge on certain fixed assets of the Companyincluding Land and Building, pledge of shares heldby the USL Benefit Trust and hypothecation ofcertain trademarks of the Company.(vi) Term loans from banks amounting to Rs 5,316.456Million (2011: Rs 6,254.556 Million) are secured bya charge on certain fixed assets of the Companyincluding Land and Building, pledge of shares heldby the USL Benefit Trust and hypothecation ofcertain trademarks of the Company.(vii) Term loans from banks amounting to Rs 664.5Million (2011: Rs 664.5 Million) are secured by acharge on certain fixed assets of the Company.(viii) Term loans from banks amounting to Rs 138.584Million (2011: Rs 127.359 Million) are secured bya charge on a specific fixed asset acquired by theCompany.(ix) Term loans from banks amounting to Rs 270.287Million (2011: Rs 235.915 Million) are secured by acharge on property.(x) Term loans from banks amounting to Rs 127.506Million (2011: Nil) are secured by a guarantee ofthe holding company and by way of a charge overthe land and buildings and current assets.(xi) Term loans from banks amounting to Rs 223.601Million (2011: Nil) are secured by a guarantee ofthe holding company and by way of a charge overthe land and buildings and current assets.(xii) Term loans from banks amounting to Rs 55.854Million (2011: Nil) are secured by a guarantee ofthe holding company and by way of a charge overthe land and buildings and current assets.(xiii) Term loans from banks amounting to Rs 194.061Million (2011: Nil) are secured by a guarantee ofthe holding company and by way of a charge overthe land and buildings and current assets.(xiv) Term loans from banks amounting to Rs 300 Million(2011: Nil) are secured by a guarantee of theholding company and by way of a charge over theland and buildings and current assets.(xv) Term loans from others amounting to Rs 950 Million(2011: Nil) are secured by a guarantee of theholding company and by way of a charge over theland and buildings and current assets.(xvi) Term loans from others amounting to Rs 2.430Million (2011: Nil) are secured by charge on certainvehicles.(xvii) Term loans from banks amounting to Rs 4,324.80Million (2011: Rs 3,791 Million) are secured byguarantee and fixed assets of the holding company.Terms of RepaymentRepayable in 10 half-yearly installments from thedate of loan (January 18, 2010) alongwith interest of14.5%.Repayable in 16 quarterly installments from thedate of loan (January 19, 2010) alongwith interest of13.25%.Repayable in 5 annual installments from the dateof loan (October 25, 2010) alongwith interest of13.25%.Repayable in 4 quarterly installments alongwith ainterest of 2.03%.The loan facility was cancelled during the year andthe full amount, plus accrued interest is due forrepayment by May 20, 2012. The rate of interest is2.05%.Repayable in 5 installments from the date of loan(November 28, 2007) alongwith interest of 13.25%.Repayable in 9 installments from the date of loan(April 19, 2009) alongwith interest of 13.25%.Repayable in 13 installments from the date of loan(July 2, 2009) alongwith interest of 13.25%.Repayable in 21 installments from the date of loan(March 20, 2012) alongwith interest of 13.25%.Repayable in 3 equal annual installments with amoratorium of 2 years from the date of the loan(October 28, 2011) alongwith interest of 12.4%.Repayable in 3 equal annual installments with amoratorium of 2 years from the date of the loan(October 28, 2011) alongwith interest of 12.4%.Repayable within 1 year.Repayable in 5 annual installments starting October2013 alongwith interest of 6%.83