Haier 2007 Annual Report Download - page 139

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138
Haier Electronics Group Co., Ltd. Annual Report 2007
海爾電器集團有限公司 二零零七年年報
Notes to Financial Statements
財務報表附註
31 December 2007
二零零七年十二月三十一日
27. Interest-bearing Borrowings
(Cont’d)
All interest-bearing borrowings are unsecured.
The other loans represented loans borrowed from
Haier Finance, which are guaranteed by Haier Corp,
bear interest at rates ranging from 6.57% to 7.20%
per annum and are repayable within one year,
except for borrowings of HK$152,941,000 (2006:
HK$78,800,000) which are repayable between 2009
and 2011. Further details of the interest expenses
attributable to the loans borrowed from Haier Finance
are set out in note 15 to the financial statements.
Except for the convertible notes, all borrowings of
the Group bear interest at floating interest rates. The
Group’s other loans are denominated in RMB and
the convertible notes are denominated in Hong Kong
dollars.
The carrying amounts of the Group’s other
borrowings approximate to their fair values.
28. Convertible Notes
On 28 January 2005, the Company issued convertible
notes with an aggregate principal amount of HK$260
million to a subsidiary of Haier Group, Qingdao
Haier Group Holdings (BVI) Ltd. The convertible
notes have a three-year term and are non-interest-
bearing. Each note is convertible at any time prior
to the fifth business day before 27 January 2008, at
the noteholder’s option, into the Company’s ordinary
shares at a conversion price of HK$0.18 per share
(adjusted to HK$1.8 per share as a result of the share
consolidation which became effective from 8 March
2007). When the notes were issued, the prevailing
market interest rate for similar notes without the
conversion option was higher than the interest rate at
which the notes were issued.
27. 計息借貸
（續）
所有計息借貸均為無抵押。其他貸款指向
海爾財務借入並由海爾集團公司擔保之貸
款，按年利率介乎6.57%至7.20% 厘計息
及須於一年內償還，惟須於二零零九年至二
零一一年償還之借貸152,941,000港元（二
零零六年 ︰
78,800,000港元）除外。向海爾
財務借入貸款之利息支出載於財務報表附註
15。
除可換股票據外，本集團所有借貸均以浮動
利率計息。本集團其他貸款以人民幣列值，
而可換股票據則以港元列值。
本集團其他借貸之賬面值與其公平值相若。
28. 可換股票據
於二零零五年一月二十八日，本公司向海
爾集團之附屬公司青島海爾集團控股(BVI)
有限公司發行本金額合共260,000,000 港
元之可換股票據。可換股票據之年期為三
年，不計利息。票據持有人可於二零零八年
一月二十七日前第五個營業日前隨時以每股
0.18港元（因於二零零七年三月八日生效之
股份合併而調整之每股1.8港元）之換股價
將各票據兌換為本公司普通股。當發行票據
後，並無換股權之同類票據當時市場利率較
票據發行當時之利率為高。