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Notes to the Consolidated Financial Statements
30 June 2013
66 BRADKEN LIMITED ANNUAL REPORT 2013
Notes to the consolidated financial statements
30 June 2013
(continued)
19 Borrowings
2013
2012
$'000
$'000
Current - secured
Lease liabilities (note 28)
4,805
4,845
Total secured current borrowings
4,805
4,845
Current - unsecured
Bank overdrafts
667
173
Bank loans
22,836
-
Other loans
975
1,029
Total unsecured current borrowings
24,478
1,202
Total current borrowings
29,283
6,047
Non-current secured
Lease liabilities (note 28)
7,086
6,196
Total secured non-current borrowings
7,086
6,196
Non-current unsecured
Bank loans
268,988
341,187
US private placement
218,675
196,541
Total unsecured non-current borrowings
487,663
537,728
Total non-current borrowings
494,749
543,924
(a)
The total secured liabilities (current and non-current) are as follows:
Lease liabilities
11,891
11,041
Total secured liabilities
11,891
11,041
(b)
(c)
Australian Dollars
151,808
221,470
US Dollars
317,229
297,676
Great British Pounds
33,250
29,238
Canadian Dollars
727
1,286
Chinese Yuan
20,204
-
Malaysian Ringgits
163
111
Singapore Dollars
2
17
Euros
649
173
524,032
549,971
Secured liabilities
Further information about the Group's and the parent entity's exposure to foreign exchange risk and interest rate risk and an
analysis of the sensitivity of borrowings to interest rate and foreign exchange risk, is provided in note 2.
Risk exposures
The carrying amounts of the Group's borrowings are denominated in the following currencies:
Other loans are repayable within twelve months. The current interest rate on these loans are 4.75% (2012: 4.91%).
Other loans
Page 66
Bradken Limited