Annual Report - QuamIR
Annual Report - QuamIR
Annual Report - QuamIR
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Notes to the Consolidated Financial Statements (Continued)<br />
<br />
36 Borrowings – Group<br />
36 <br />
2011 2010<br />
<br />
HK$ Million HK$ Million<br />
<br />
Non-current<br />
<br />
Bank borrowings 2,455.8 2,463.3<br />
Other loans 54.2 72.0<br />
Finance lease liabilities 84.3 86.4<br />
Loans from non-controlling shareholders 396.6 320.9<br />
2,990.9 2,942.6<br />
Current<br />
<br />
Bank borrowings 684.8 672.1<br />
Other loans 39.9 62.8<br />
Finance lease liabilities 5.8 4.9<br />
Loans from non-controlling shareholders 9.5 –<br />
740.0 739.8<br />
Total borrowings 3,730.9 3,682.4<br />
In 2011, the Group’s bank borrowings are secured by the investment<br />
properties, prepaid land lease payments, properties, plant and<br />
equipment, toll road income, properties under development, trade<br />
receivables and pledged deposits of the Group (Notes 16, 17, 18, 19,<br />
20, 30 and 32), certain of which are also secured by the corporate<br />
guarantee provided by the Company or its subsidiary.<br />
<br />
<br />
<br />
161718<br />
19203032<br />
<br />
In 2010, in additional to the securities mentioned above, the Group’s<br />
bank borrowings were also secured by properties held for sale (Note<br />
28).<br />
<br />
<br />
28<br />
170 HKC (Holdings) Limited • <strong>Annual</strong> <strong>Report</strong> 2011
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