| |
|
|
|
| 18. |
LONG-TERM LOANS |
|
|
| |
|
2008 |
2007 |
| |
|
R million |
R million |
| |
Interest-bearing loans |
|
|
| |
Secured long-term loans with effective interest rates of between 9.37% and 15% |
|
|
| |
(2007: 9.5% and 11%) per annum repayable over a period of between three to ten years |
202 |
197 |
| |
These liabilities are secured by assets with a book value of R48 million |
|
|
| |
(2007: R68 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 |
3 |
1 |
| |
These liabilities are secured by vehicles, plant, machinery and equipment |
|
|
| |
with a book value of R3 million (2007: R1 million). |
|
|
| |
Various unsecured loans with varying terms and interest rates |
3 |
– |
| |
|
208 |
198 |
| |
Instalments payable within one year transferred to short-term interest-bearing loans |
(19) |
(37) |
| |
|
189 |
161 |
| |
Payable – two to five years |
180 |
129 |
| |
Payable thereafter |
9 |
32 |
| |
|
189 |
161 |
