FORGING AHEAD - Tradewinds Plantation Berhad

178
FINANCIAL STATEMENTS
NOTES TO THE FINANCIAL STATEMENTS
31 DECEMBER 2010
22. REVOLVING CREDITS - SECURED
Revolving credits of the Group and of the Company are secured by way of legal charges over certain leasehold land and
plantations of a subsidiary (as disclosed in Note 7 to the financial statements).
The annual interest rates for revolving credits that were effective at the end of the reporting period were as follows:
TRADEWINDS PLANTATION BERHAD
Annual Report 2010
Group Company
2010 2009 2010 2009
% % % %
Revolving credits 3.73 - 4.54 2.92 - 3.97 3.73 - 3.95 2.92 - 3.74
Information on repricing analysis of revolving credits are disclosed in Note 37(i) to the financial statements.
23. TERM LOANS - SECURED
Term loans of the Group are secured by way of:
(i) fixed charges over certain leasehold land, buildings, plant and machinery and plantations of certain subsidiaries (as
disclosed in Note 7 to the financial statements); and
(ii) corporate guarantees by the Company.
The term loans bear interest at 3.90% to 6.50% (2009: 3.21% to 6.50%) per annum at the end of the reporting period.
The term loans are repayable by instalments of varying amounts over the following periods:
Group
2010 2009
RM’000 RM’000
Less than 1 year 103,212 80,212
1 - 2 years 70,520 103,212
2 - 3 years 67,050 70,662
3 - 4 years 26,506 60,700
4 - 5 years 31,008 26,506
More than 5 years 38,486 60,494
Information on repricing analysis of term loans are disclosed in Note 37(i) to the financial statements.
336,782 401,786