Amadeus IT Holding, S.A. and Subsidiaries - Investor relations at ...

AMADEUS IT HOLDING, S.A. AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED ANNUAL ACCOUNTS FOR THE YEARS ENDED
DECEMBER 31, 2011, AND 2010
(EXPRESSED IN THOUSANDS OF EUROS - KEUR)
17. CURRENT AND NON-CURRENT DEBT
The breakdown of carrying amounts of debt with financial institutions and third
parties at December 31, 2011, and 2010, is set forth below:
72
31/12/2011 31/12/2010
Unsecured Senior Credit Facility (*)
Deferred financing fees on Unsecured Senior
1,209,381 -
Credit Facility (6,411) -
Bonds 750,000 -
Deferred financing fees on Bonds (7,195) -
Senior Credit Agreement
Deferred financing fees on Senior Credit
- 2,871,614
Agreement - (43,503)
Other debt with financial institutions 89 214
Leases 69,214 65,559
Total non-current debt 2,015,078 2,893,884
Unsecured Senior Credit Facility (*)
Deferred financing fees on Unsecured Senior
184,832 -
Credit Facility (2,386) -
Senior Credit Agreement - 115,780
Accrued interest (**) 26,092 62,442
Other debt with financial institutions 9,696 5,683
Leases 8,260 9,607
Total current debt 226,494 193,512
Total 2,241,572 3,087,396
(*) The Group holds a Revolving Credit facility (Facility D) with a credit limit of KEUR 200,000 that as of
December 31, 2011, was undrawn.
(**) Under the “Accrued Interest” caption, the Group includes the interest payable in relation to the interest
rate derivatives (IRS) in the amount of KEUR 3,257 and KEUR 52,211 at December 31, 2011, and 2010,
respectively.
a) Unsecured Senior Credit Facility
During the year ended December 31, 2011, the Group has reached an agreement to
refinance its existing debt, through a new Unsecured Senior Credit Facility, as
follows;
� On May 16, 2011, the Group entered into a new Unsecured Senior Credit
Facility arrangement with a credit limit of KEUR 2,700,000 to refinance its
existing Senior Credit Agreement signed on April 8, 2005, and amended
and restated by deeds May 4, 2006, April 27, 2007 and March 5, 2010.