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35. Financial risk management continued The interest rate profile of total interest-bearing borrowings is as follows:

Floating rate R’000

Fixed rate (1 to 6 months) R’000

768 607 363 005

— —

4 653 1 136 265

— —

Interest rate

Average effective interest rate %

Total R’000

Overnight call Prime -1%

7,2 10,0

768 607 363 005

10,6%

10,6

4 653 1 136 265

2006 South African Rand Loans linked to South African money market Bank overdrafts Liabilities under capitalised finance leases and instalment sale agreements

United Kingdom Pound Sterling*

Australian Dollar Indian Rupee Total % of total borrowings

69 079

1 598 15 804 1 153 667 94,4

— — 69 079 5,6

735 365 29

— —

654 736 048

— —

6-month LIBOR + 2,75% 90-day BBSY +1,2% 6,0%

7,4

69 079

7,1 6,2

1 598 15 804 1 222 746 100,0

Overnight call Prime -1%

7,9 9,5

735 365 29

10,6%

10,6

654 736 048

7,6

83 441

6,9

4 844 824 333 100,0

2005 South African Rand Loans linked to South African money market Bank overdrafts Liabilities under capitalised finance leases and instalment sale agreements

United Kingdom Pound Sterling*

Australian Dollar Total % of total borrowings

83 441

4 844 740 892 89,9

— 83 441 10,1

6-month LIBOR + 2,75% 90-day BBSY +1,2%

*This loan is covered by a cross-currency swap arrangement. The interest rate currently applicable on the swap amount of AUD14,8 million (2005: AUD16,9 million) is 8,8% (2005: 8,9%).

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Aspen Annual Report 2006

Profile for Aspen Holdings

Aspen Annual Report 2006  

Aspen Annual Report 2006