ANNUAL REPORT 2008 - Gorenje Group

169
Maturity of non-current financial liabilities
in TEUR 2008 2007
1 to 2 years 62,919 37,039
2 to 3 years 66,882 25,560
3 to 4 years 40,039 27,418
4 to 5 years 21,109 11,489
In excess of 5 years 4,679 9,012
Total 195,628 110,518
Collateralisations
in TEUR 2008 2007
Bills 194,189 108,009
Pari-Passu Clause, Negative Pledge Clause 181,376 101,509
Financial obligations (ratios) 177,597 80,765
The major portion of borrowings was collateralised by blank bills, financial obligations, as well
as the Pari-Passu and Negative Pledge Clauses, as stipulated by the individual contracts. Several
types of collaterals are applied simultaneously in some loan contracts.
Note 30 – Current financial liabilities TEUR 162,727
in TEUR 2008 2007
Long-term borrowings from banks 71,029 4,031
Long-term borrowings from related entities 18,132 12,008
Current interest payable 840 212
Current dividends payable 176 152
Current portion of non-current financial liabilities 62,008 45,746
Other current liabilities 10,542 1,072
Total 162,727 63,221
Other current liabilities relate to hedging of derivatives and liabilities referring to the participation
in Gorenje Holding not yet paid.
Collateralisation
in TEUR 2008 2007
Bills 131,965 48,526
Pari-Passu Clause, Negative Pledge Clause 80,554 47,731
Financial obligations (ratios) 62,003 26,060
Mortgage 0 0
The major portion of borrowings was collateralised by blank bills and the Pari-Passu and Negative
Pledge Clauses, as stipulated by the individual contracts, and partly also by financial obligations.
Several types of collaterals are applied simultaneously in some loan contracts.
Current borrowings
Currency
Amount in
currency
Amount in TEUR
Interest rate
from
to
EUR 148,941 148,941 3.50 % 6.845 %
USD 3,100 2,227 1.14 % 1.39%
Total 151,168