Lenovo 2009 Annual Report Download - page 142

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2008/09 Annual Report Lenovo Group Limited
140
NOTES TO THE FINANCIAL STATEMENTS (Continued)
32 Significant related party transactions
(a) The Group had the following significant related party transactions in the normal course of business during the year:
2009 2008
US$’000 US$’000
北京聯想利泰軟件有限公司
(Beijing Legendsoft International Technology
Company Limited) (an associated company)
– Purchase of goods 6,361 8
– Service income 1,399 686
Note: The English name of the company is a direct translation of its Chinese registered name.
The directors are of the opinion that the above transactions were conducted on normal commercial terms and in the
ordinary course of business of the Group.
(b) Key management compensation
Details on key management compensation are set out in Note 11.
33 Bank facilities
Total bank facilities of the Group are as follows:
Total facilities Utilized amounts
2009 2008 2009 2008
US$’000 US$’000 US$’000 US$’000
Term loan 365,000 100,000 265,000 100,000
Short-term syndicated loans 400,000 400,000 400,000 400,000
Short-term loans 498,000 406,000 20,293 61,130
Foreign exchange contracts 3,433,000 1,838,000 1,964,000 1,127,000
Other trade finance facilities 279,000 384,000 91,000 150,000
4,975,000 3,128,000 2,740,293 1,838,130
The effective annual interest rates at March 31, 2009 were as follows:
US$ Others currencies
Term loan 3.52%-5.16% –
Short-term syndicated loans 3.26% –
Short-term loans – 2.60%-5.50%