Air New Zealand 2013 Annual Report Download - page 58

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Air New Zealand Annual Financial Results 
56
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DEBT
Secured borrowings 84 97 154 263 391
Unsecured bonds 150 150 - - -
Finance lease liabilities 1,395 1,445 1,101 812 888
Bank overdra and short term borrowings - 2 - - -
1,629 1,694 1,255 1,075 1,279
Bank and short term deposits 1,150 1,029 860 1,067 1,573
Net open derivatives held in relation to interest-bearing liabilities1 28 4 (28) 1 (100)
Non interest-bearing deposit (included within Other assets) 44 13 - - -
Interest-bearing secured deposit (included within Other assets) 184 180 170 137 130
NET DEBT 223 468 253 (130) (324)
Net aircra operating lease commitments2 945 973 1,064 1,533 1,638
NET DEBT (INCLUDING OFF BALANCE SHEET) 1,168 1,441 1,317 1,403 1,314
1. Unrealised gains/losses on open debt derivatives
2. Net aircra operating lease commitments for the next twelve months, multiplied by a factor of seven
Historical Summary of Debt
Five Year Statistical Review
As at 30 June