K uoni Group
Fina nci a l r eport 2009
43
24. Financial Debts
CHF 1 000
Bond Bank debts Other Total Of which: Current financial debts Non-current financial debts
31 Dec 2009
31 Dec 2008
198 165 63 198 1 981 263 344
0 33 084 5 227 38 311
6 204 257 140
7 396 30 915
Kuoni Travel Holding Ltd. issued a CHF 200 million bond at an annual interest rate of 3 % in October 2009. The bond was issued at 100.309 %. The bond has a duration of four years and matures on 28 October 2013. The effective interest rate applied is 3.27 %. The bond had a market value of 103 % at year-end (stock exchange price on 31 December). Bank debts consist of mortgages on properties and subsidiaries’ bank overdrafts. Financial debts are due as follows:
CHF 1 000
31 Dec 2009
31 Dec 2008
263 344 298 090 5 912 8 311 19 896 248 049 15 922
38 311 43 953 1 059 6 337 6 107 4 646 25 804
CHF 1 000
31 Dec 2009
31 Dec 2008
CHF EUR USD GBP Other Total
243 200 16 715 0 436 2 993 263 344
15 119 17 135 1 712 349 3 996 38 311
Statement of financial position value Contractual cash flows Up to 6 months 7 – 12 months 1 to 2 years 2 to 5 years Over 5 years Financial debts are denominated in the following currencies: