sain t-gobain annu al report 2008 annual report

NOTE 12
Debt and payables
Total debt and payables increased by a net amount of €3,124 million to €15,913 million at December 31, 2008. Debt rose
by €3,036 million, reflecting the financing policy for Group companies, while tax and social charges payable and other payables
were €88 million higher.
Maturities of debt and payables
Total
Maturity
(in € thousands) Within one year Beyond one year
Bonds (1) 6,258,699 146,258 6,112,441
Bank borrowings (1) (2) 2,292,346 97,346 2,195,000
Other borrowings (1) (3) 7,174,125 5,668,392 1,505,733
Sub-total 15,725,170 5,911,996 9,813,174
Tax and social charges payable 113,379 113,379 -
Other payables (3) 74,675 67,127 7,548
Deferred income - - -
Total debt and payables (4) 15,913,224 6,092,502 9,820,722
(1) New debt for the year 4,401,094
Debt repaid during the year 1,365,218
(2) Of which:
– Debt with original maturity of up to two years 2,137,346
– Debt with original maturity of more than two years 155,000
(3) Of which:
– Shareholders’ loans None
– New loans from subsidiaries None
– Loans from subsidiaries repaid during the year 974,357
(4) Of which debt due beyond 5 years 2,613,208
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Saint-Gobain – Financial Report 2008