Annual Report 2012, PDF - Axiata Group Berhad - Investor Relations

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NOTES TO THEFINANCIAL STATEMENTSFOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2012 (CONTINUED)16. BORROWINGS (CONTINUED)(a) Secured by way of fixed charge on certain PPE and deposits with financial institutions of the Company andcertain subsidiaries, as disclosed in Note 25(b) and Note 34 to the financial statements respectively.(b) Supplier credit that bears 0% interest during the first two (2) years and is repayable from 2004 to 2014.This supplier credit is secured by way of fixed charge on PPE of a subsidiary as disclosed in Note 25(b) tothe financial statements.(c) The outstanding unsecured bonds were issued on 26 April 2007, listed on Indonesia Stock Exchange withinterest rate of 10.35% and payable semi-annually. The bonds were fully settled on 26 April 2012.(d) Consists of 5,000 million Rated Cumulative Redeemable Preference Shares (“RCRPS”) of SLR1 each issuedby a subsidiary during 2007, redeemable at par. The dividend was cumulative and payable semi-annually,at the Average Weighted Prime Lending Rate less a discount of 0.9%. The shares were fully redeemed on31 May 2012.(e) The terms of the loan requires a predetermined portion of lease rental proceeds due to a subsidiary to beplaced in a debt reserve account with the bank to meet the debt serving requirements.(f)The USD300.0 million Guaranteed Notes (“Notes”) will mature on 28 April 2020, and is guaranteed by theCompany. The Notes, which were issued at 99.939%, carry a coupon rate of 5.375% per annum (“p.a.”)(payable semi-annually in arrears) and have a tenure of 10 years from the date of issuance.(g) Sukuk of the Group consist of a Multi-Currency Sukuk Programme and a Sukuk Murabahah Programmeissued as follows:(i)Multi-Currency SukukThe Group established a Multi-Currency Sukuk Programme involving the issuance of up to USD1.5 billion(or its equivalent in other currencies based on Islamic Principle). On 11 September 2012, the Group viaa wholly owned subsidiary, Axiata SPV2 successfully priced the issuance CNY denominated 1.0 billionSukuk pursuant to the Sukuk Programme. The Sukuk, which was issued at par, carries a coupon rateof 3.75% p.a. (payable semiannually in arrears) and has tenure of two (2) years from the date ofissuance.On 19 September 2012, the Sukuk was listed and quoted on Bursa Malaysia (under the Exempt Regime)and on the Singapore Exchange Securities Trading Limited.234
Axiata Group Berhad (242188-H) Annual Report 201216. BORROWINGS (CONTINUED)(g) Sukuk of the Group consist of a Multi-Currency Sukuk Programme and a Sukuk Murabahah Programmeissued as follows: (continued)(ii) Sukuk MurabahahOn 14 August 2012, the Group established a Sukuk Murabahah Programme of up to RM5.0 billion innominal value. RM3.0 billion of the Sukuk Murabahah was successfully priced via a book building processwith the remaining RM2.0 billion privately allocated to strategic investors.On 30 August 2012, the Group fully redeemed its existing unrated Sukuk of RM4.2 billion nominal valuewith the proceeds from the Sukuk Murabahah.The details of the Sukuk Murabahah are as follow:ContractualAmountinterest rate 1 Maturity date RM’millionSeries 1 3.45% 28 August 2015 500Series 2 3.60% 29 August 2017 1,000Series 3 3.75% 29 August 2019 1,500Series 4 3.90% 28 August 2020 1,200Series 5 4.05% 27 August 2021 400Series 6 4.20% 29 August 2012 4005,0001payable semiannually(h) The borrowings of the Group and the Company are subject to certain covenants. The covenants requirethat certain ratios to be met. The Group and the Company are in compliance with the covenants of itsborrowings at each reporting date.235
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AXIATA GROUP BERHAD (242188-H) ANNU
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PakistanBangladeshIndiaThailandCamb
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CONTENTS006 Financial Calenda
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FinancialCalendar 2012QUARTERLY RES
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Raising The BarAxiata is continuous
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Chairman’sStatementTan Sri Dato
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Chairman’sStatementHIGH GROWTH MA
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President& GCEO’SBusinessReviewDA
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President &GCEO’S Business Review
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Axiata Group Berhad (242188-H) Annu
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Five-yeargroup financial summaryOPE
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Awards andRecognitionIndonesia Serv
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DIRECTORS’RESPONSIBILITY STATEMEN
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DIRECTORS’REPORTSHARE CAPITALDuri
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DIRECTORS’REPORTDIRECTORS’ INTE
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DIRECTORS’REPORTSTATUTORY INFORMA
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STATEMENTS OFCOMPREHENSIVE INCOMEFO
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STATEMENTS OFFINANCIAL POSITIONAS A
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CONSOLIDATED STATEMENT OFCHANGES IN
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STATEMENTS OFCASH FLOWSFOR THE FINA
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NOTES TO THEFINANCIAL STATEMENTSFOR
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STATEMENTBY DIRECTORSPURSUANT TO SE
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INDEPENDENTAUDITORS’ REPORTTO THE
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GroupFinancial Analysiscatering for
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SHAREHOLDINGSTATISTICSAS AT 29 MARC
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SHAREHOLDINGSTATISTICSAS AT 29 MARC
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ADDITIONAL COMPLIANCEINFORMATION3.
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Net Book Value ofLand & BuildingsFo
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GROUPDIRECTORYAxiata Group BerhadAx
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GLOSSARYShare Scheme CommitteeEmplo
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NOTICE OFANNUAL GENERAL MEETINGNOTI
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NOTICE OFANNUAL GENERAL MEETING10.
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EXPLANATORY NOTES TO THE SPECIAL BU
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ADMINISTRATIVE DETAILS FOR THE21ST
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Annual Report 2012, PDF - Axiata Group Berhad - Investor Relations

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