|
|
|
|
|
|
|
|
|
15. |
LONG TERM LOANS |
|
|
|
|
2007 |
2006 |
|
|
R million |
R million |
|
Interest-bearing loans |
|
|
Secured long-term loans with effective interest rates of between 9.5% and 11% |
|
|
(2006: 6.0% and 10.0%) per annum repayable over a period of between five to ten years |
197 |
195 |
These liabilities are secured by assets with a book value of R68 million |
|
|
(2006: R46 million). |
|
|
Net liabilities resulting from various capitalised finance leases and instalment |
|
|
sale agreements payable in monthly, quarterly and annual instalments at varying |
|
|
interest rates per annum amount to |
1 |
2 |
These liabilities are secured by vehicles and equipment with a book value |
|
|
of R1 million (2006: R2 million). |
|
|
Various unsecured loans with varying terms and interest rates |
|
1 |
|
198 |
198 |
Instalments payable within one year transferred to short-term interest-bearing loans |
(37) |
(29) |
|
161 |
169 |
Payable two to five years |
161 |
169 |
Payable thereafter |
|
|
|
161 |
169 |
|
|
|
|