Travelex Holdings Limited Annual report & consolidated financial ...

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Travelex Holdings Limited
Notes to the financial statements continued
for the year ended 31 December 2001
19 Loans and other borrowings
Group Company
2001 2000 2001 2000
£’000 £’000 £’000 £’000
10.5% Senior Notes due 2010 75,000 75,000 – –
Unamortised issue costs (2,849) (3,181) – –
Bank loans and overdrafts 27,849 9,023 71 –
Finance leases 3,880 2,255 – –
103,880 83,097 71 –
Maturity of debt
In one year or less, or on demand 30,770 10,488 71 –
In more than one year, but not more than two years 575 648 – –
In more than two years, but not more than five years 384 142 – –
In more than five years 72,151 71,819 – –
20 Obligations under leases
103,880 83,097 71 –
2001 2000
Finance leases £’000 £’000
Amounts payable:
Within one year 3,195 1,640
Between one and two years 671 726
Between two and five years 407 160
4,273 2,526
Less: Finance charges allocated to future periods (393) (271)
3,880 2,255
Shown as:
Due within one year 2,921 1,465
Due after one year 959 790
3,880 2,255