Qantas 2005 Annual Report Download - page 113

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111
Qantas Annual Report 2005
~Notes to the Financial Statements~
for the year ended 30 June 2005
37. Notes to the Statements of Cash Flows continued
FINANCING FACILITIES
The total amount of committed financing facilities available to the Qantas Group as at balance date are detailed below:
Qantas Group Qantas
2005
$M
2004
$M
2005
$M
2004
$M
COMMITTED FINANCING FACILITIES
Bank overdraft
Facility available 7.0 7.0 7.0 7.0
Amount of facility used ––––
Amount of facility unused 7.0 7.0 7.0 7.0
Syndicated revolving facility1
Facility available 770.0 769.2 770.0 769.2
Amount of facility used ––––
Amount of facility unused 770.0 769.2 770.0 769.2
Syndicated stand-by facility2
Facility available 500.0 700.0 500.0 700.0
Amount of facility used ––––
Amount of facility unused 500.0 700.0 500.0 700.0
Secured borrowings
Facility available –231.4 –231.4
Amount of facility used ––––
Amount of facility unused –231.4 –231.4
Commercial paper and medium term notes
Facility available 1,000.0 1,000.0 1,000.0 1,000.0
Amount of facility used 120.0 160.0 120.0 160.0
Amount of facility unused 880.0 840.0 880.0 840.0
1 In October 2004, the syndicated revolving facility was refinanced into two tranches and extended, with $192 million maturing on 5 October 2008 and
$578 million maturing on 5 April 2010.
2 In October 2004, the syndicated stand-by facility was refinanced into two tranches and extended, with $300 million maturing on 5 October 2007 and
$200 million maturing on 5 October 2009.
The bank overdraft facility held with Commonwealth Bank of Australia covers the combined balances of Qantas and its wholly-owned
controlled entities. Subject to the continuance of satisfactory credit ratings, the bank overdraft facility may be utilised at any time.
Commonwealth Bank of Australia may terminate this facility without notice.