directors - The Lion Group
directors - The Lion Group
directors - The Lion Group
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36. LONG-TERM BORROWINGS<br />
88<br />
<strong>The</strong> <strong>Group</strong><br />
2005 2004<br />
RM’000 RM’000<br />
Outstanding loans:<br />
Secured:<br />
Principal 1,433,498 1,515,612<br />
Portion due within one year (Note 34) (229,630) –<br />
1,203,868 1,515,612<br />
Unsecured:<br />
Principal 2,730 3,237<br />
Portion due within one year (Note 34) (416) (500)<br />
2,314 2,737<br />
Non-current portion 1,206,182 1,518,349<br />
<strong>The</strong> non-current portion is repayable as follows:<br />
<strong>The</strong> <strong>Group</strong><br />
2005 2004<br />
RM’000 RM’000<br />
Financial years ending 30 June:<br />
2006 – 18,888<br />
2007 61,432 137,797<br />
2008 301,832 230,180<br />
2009 274,320 179,680<br />
2010 and thereafter 568,598 951,804<br />
1,206,182 1,518,349<br />
<strong>The</strong> long-term borrowings pertaining to certain subsidiary companies are secured against property, plant and<br />
equipment (Note 13) and fixed and floating charge over the other assets of the said subsidiary companies.<br />
<strong>The</strong> long-term borrowings bear interest at rates ranging from 5.8% to 8.5% (2004: 5.8% to 8.5%) per annum.<br />
<strong>The</strong> currency exposure profile of long-term borrowings is as follows:<br />
<strong>The</strong> <strong>Group</strong><br />
2005 2004<br />
RM’000 RM’000<br />
Ringgit Malaysia 638,293 795,684<br />
United States Dollar 567,889 722,665<br />
1,206,182 1,518,349
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