Page 191 - flipbook-ubp-IR

OUR CORPORATE PERFORMANCE GOVERNANCE
19. INTEREST-BEARING LOANS AND BORROWINGS (a) Loans and bank overdrafts
Non-current
Bank loans (note (i))
Long Term Secured Promissory Note (note(iii))
Current
Bank overdrafts (note 17)
Bank loans (note (i))
Unsecured loans (note (ii))
Long Term Secured Promissory Note (note(iii))
Total borrowings
(i) Bank loans are payable as follows: Within one year
After one year and before two years
2021 Rs’000
- 650,000 650,000
25,577 75,000 46,308
3,098 149,983 799,983
2021 Rs’000
75,000 - 75,000
THE GROUP
2022
269,143
650,000
251,857
25,990
3,386
623,641
2021
Rs’000
50,000 650,000
56,956 95,000 32,485 3,098
887,539
THE COMPANY
2022
Rs’000
Rs’000
227,143
650,000
919,143
700,000
342,408
877,143
262,696
237,857
66,317
3,386
187,539
570,256
1,542,784
1,447,399
THE GROUP
2022
2021
THE COMPANY
2022
Rs’000
251,857
269,143
Rs’000
95,000 50,000
Rs’000
237,857
Bank loans and overdrafts are secured by fixed and floating charges on the Group’s assets and bear interest between +3.75% and +7.75% per annum.
(ii) Unsecured loans were repayable at call, the rates of interest per annum at June 30, 2022 was 3.25% (2021: 2.85%).
(iii) In October and November 2018, the Company took a Long Term Secured Promissory Note of Rs 650m. These bear interest at repo rate + 1.0% and are fully repayable in October 2023. These notes are secured by a floating charge over all assets.
(b) Lease liabilities
Lease liabilities are split as follows: Non-current
Current
2021 Rs’000
26,446 7,301 33,747
UBP INTEGRATED REPORT 2022
189
521,000
227,143
145,000
2022
2021
465,000
THE GROUP
THE COMPANY
2022
Rs’000
220,995
61,957
Rs’000
102,260 30,303
Rs’000
79,517
22,204
282,952
132,563
101,721
FINANCIAL STATEMENTS