Download Annual Report 2006 - Foskor

NOTES BALANCE TO SHEET THE FINANCIAL STATEMENTSFoskor GroupCOMPANYGROUPR’000 2006 2005 2006 200521 COMMITMENTSCapital commitmentsAuthorised and contracted for 160 1,036 160 1,036Authorised but not contracted for 83,200 63,958 83,200 63,958Total capital commitments 83,360 64,994 83,360 64,994To be expended:– Within one year 83,360 64,994 83,360 64,994– After one year – – – –83,360 64,994 83,360 64,994This expenditure will be financed from internallygenerated funds and available credit facilities.The future minimum lease payments undernon-cancellable leases are as follows:Payable no later than one year 4,869 3,420 4,869 3,420Payable later than one year 1,460 3,906 1,460 3,9066,329 7,326 6,329 7,32622 BORROWING FACILITIESUndrawn borrowing facilities and guaranteesRand-denominated facilitiesNon-interest bearingTotal facility 1,450,000 1,450,000 1,450,000 1,450,000Utilised (1,450,000) (1,450,000) (1,450,000) (1,450,000)Available – – – –The above facility from the IDC (shareholder)has been subordinated in favour ofother creditors.Interest-bearing facilitiesTotal facility 328,850 265,000 328,850 265,000Utilised – – – –Available 328,850 265,000 328,850 265,000GuaranteesTotal facility 118,593 33,552 118,593 33,552Utilised 26,084 26,743 26,084 26,743Available 92,509 6,809 92,509 6,80945