IRPC Public Company Limited Notes to the consolidated and company f inancial statements For the years ended 31 December 2009 and 2008
17 Borrowings (continued) Baht 7,000 million
Baht 3,000 million
Maturity 7 years 10 years Fixed interest rate (% per annum) 5.05 5.29 Payment of interest Semi-annually Semi-annually Redemption date 2 July 2014 2 July 2017 Under the terms of the debentures, the Company has to comply with certain conditions as stipulated therein such as, not creating any future lien, or other security interest of the Company and its principal subsidiaries, consolidation, amalgamation, merger and sale of assets without the debenture holders’ consent; maintaining direct and indirect ownership interest of PTT Public Company Limited. The interest rates on the borrowings and debentures of the Group and the Company are as follows: Consolidated Company 2009 2008 2009 2008 Baht million Baht million Baht million Baht million Borrowings and debentures - at fixed rates - at floating rates Total
23,079 4,792 27,871
26,614 26,614
24,620 4,792 29,412
28,155 28,155
Consolidated Company 2009 2008 2009 2008 Baht million Baht million Baht million Baht million Weighted effective interest rate (%) - Short-term loans from financial institutions (promissory notes) - Short-term loans from related parties - Debentures - Long-term loans from financial institutions
1.50 -1.55 3.55 -5.15 1.50 -1.55 3.55 -5.15 5.29 5.29 5.29 5.29 5.05 - 6.375 5.05 - 6.375 5.05 - 6.375 5.05 - 6.375 2.48 - 3.22 - 2.48 - 3.22 -
Maturity of long-term loans from financial institutions and debentures is as follows: Consolidated Company 2009 2008 2009 2008 Baht million Baht million Baht million Baht million Within 1 year Over 1 year to 5 years Over 5 years Total
9,875 12,496 22,371
153
18,364 18,364
9,875 12,496 22,371
18,364 18,364