Notes to the consolidated and company financial statements For the years ended 31 December 2010 and 2009
19. Debentures, net Consolidated Company 2010 2009 2010 2009 THB Thousand THB Thousand THB Thousand THB Thousand Local debentures Less Deferred financing service fee
10,300,000 (19,546)
13,600,000 (26,047)
10,300,000 (19,546)
13,600,000 (26,047)
10,280,454 (1,500,000)
13,573,953 (3,300,000)
10,280,454 (1,500,000)
13,573,953 (3,300,000)
8,780,454
10,273,953
8,780,454
10,273,953
Less Current portion of debentures Debentures, net
Movements in debentures for the years ended 31 December are as follows: Consolidated Company 2010 2009 2010 2009 THB Thousand THB Thousand THB Thousand THB Thousand Opening net balance Addition Repayment of debentures during the year Financing service fee Amortisation of deferred financing fee
13,573,953 - (3,300,000) - 6,501
8,584,860 6,300,000 (1,300,000) (16,625) 5,718
13,573,953 - (3,300,000) - 6,501
8,584,860 6,300,000 (1,300,000) (16,625) 5,718
Closing net balance
10,280,454
13,573,953
10,280,454
13,573,953
The weighted average effective interest rate of debentures of the Group after recognised effect from interest rate swap contracts is 4.86% per annum (2009: 5.31% per annum).
The interest rates on the debentures of the Group are as follows: Consolidated Company 2010 2009 2010 2009 THB Thousand THB Thousand THB Thousand THB Thousand
• at fixed rates • at floating rates (MLR plus applicable fixed margin)
10,300,000 -
12,600,000 1,000,000
10,300,000 -
12,600,000 1,000,000
Total debentures
10,300,000
13,600,000
10,300,000
13,600,000
Maturities of debentures are as follows: Consolidated Company 2010 2009 2010 2009 THB Thousand THB Thousand THB Thousand THB Thousand Within 1 year Later than 1 year but not later than 5 years Later than 5 years
1,500,000 6,700,000 2,100,000
3,300,000 5,700,000 4,600,000
1,500,000 6,700,000 2,100,000
3,300,000 5,700,000 4,600,000
Total debentures
10,300,000
13,600,000
10,300,000
13,600,000
Banpu Public Company Limited • Annual Report 2010
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