Lenovo 2010 Annual Report Download - page 138

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2009/10 Annual Report Lenovo Group Limited
136
NOTES TO THE FINANCIAL STATEMENTS (continued)
136
32 Bank facilities
Total bank facilities of the Group are as follows:
Total facilities Utilized amounts
2010 2009 2010 2009
US$’000 US$’000 US$’000 US$’000
Term loan 330,000 365,000 230,000 265,000
Short-term syndicated loans 200,000 400,000 200,000 400,000
Short-term loans 485,000 498,000 64,706 20,293
Forward foreign exchange contracts 4,175,000 3,433,000 2,641,000 1,964,000
Other trade finance facilities 276,000 279,000 191,000 91,000
5,466,000 4,975,000 3,326,706 2,740,293
Except as disclosed in Note 25, all the bank borrowings are unsecured and the effective annual interest rates at March 31,
2010 were as follows:
Others
US$ currencies
Term loan 3.54%-5.16% –
Short-term syndicated loans 4.74% –
Short-term loans – 5.4%-30.1%
33 Commitments
(a) Capital commitments
Group
2010 2009
US$’000 US$’000
Contracted but not provided for:
– Property, plant and equipment 3,235 22,728
– Intangible assets 9,998 10,608
– Investment 7,184 8,719
– IT consulting services 1,163 1,126
21,580 43,181
Authorized but not contracted for:
– Property, plant and equipment 7,924 34,184
– Intangible assets 67,602 42,660
– Investment 29,462 31,639
104,988 108,483
At March 31, 2010, the Company did not have any capital commitments (2009: Nil).