SAPPI LIMITED

SAPPI
NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS (Continued)
for the year ended September 2010
20. INTEREST-BEARING BORROWINGS (Continued)
We have paid a total commitment fee of US$7 million (2009: US$0.8 million) in respect of the
syndicated loan facility.
Unutilized uncommitted facilities
Currency Interest rate 2010 2009
(US$ million)
Held by:
Southern Africa ........................... ZAR Variable (JIBAR) 417 445
Group Treasury—Europe .................... EUR Variable (EURIBOR) — 54
Total unutilized facilities (committed and
417 499
uncommitted) excluding cash .............. 699 806
Fair value
The fair value of all interest-bearing borrowings is disclosed in note 29 on financial instruments.
21. OTHER NON-CURRENT LIABILITIES
2010 2009
(US$ million)
Post-employment benefits—pension liability (refer note 27)
Post-employment benefits other than pension liability (refer
...... 298 308
note 27) ......................................... 178 172
Long-term employee benefits ............................ 5 9
Workmen’s compensation .............................. 9 8
Long service awards .................................. 26 27
Land restoration provision .............................. 19 19
Deferred income ..................................... 3 3
Other ............................................. 8 11
546 557
F-57