NOTES TO THE FINANCIAL STATEMENTS
For the financial year ended 31 December 2015
124
THE STRAITS TRADING COMPANY LIMITED
32.
BORROWINGS
Group
2015
2014
$’000
$’000
Non-current
Secured bank loans
373,985
219,030
Unsecured bank loans
–
24,246
373,985
243,276
Current
Secured bank loans
48,663
80,004
Unsecured bank loans
129,019
142,992
177,682
222,996
Total borrowings
551,667
466,272
Interest rates and maturity of loans
Group
2015
2014
% per
annum
% per
annum
Floating rate loans
0.8 to 6.4
0.8 to 5.4
Fixed rate loans
2.2
1.7 to 2.6
Group
2015
2014
$’000
$’000
Not later than 1 year
177,682
222,996
Later than 1 year but not later than 5 years
317,153
243,276
More than 5 years
56,832
–
551,667
466,272
Secured
The secured bank loans are collaterised by the following assets:
Group
2015
2014
$’000
$’000
Investment properties (note 16(c))
290,459
53,778
Associate (note 19.1(b))
308,378
305,402
Investment securities (note 22(a))
128,432
112,430
Marketable securities (note 22(b))
57,373
67,702
Cash and cash equivalents (note 28)
20,430
20,119
805,072
559,431
