Samsung 2000 Annual Report Download - page 66

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12. Long-Term Debt, Continued
(B) Long-term debt denominated in foreign currencies as of December 31, 2000 and 1999 consist of the following:
(C) Debentures outstanding as of December 31, 2000 and 1999 consist of the following:
At December 31, 2000, certain property, plant and equipment are pledged as collateral for the above long-term debts (see Note 8). In
addition, the repayment of certain long-term debts is guaranteed by various Korean financial institutions.
Maturities of long-term debts outstanding, excluding premiums and discounts, at December 31, 2000 are as follows:
66
Foreign Denominated Debt
ING
Citibank, N.A.
Korea Development Bank
Korea Exchange Bank
Hanvit Bank
Bank of Seoul
Korea Development Leasing Corporation and others
U. S. Dollar equivalent of foreign currencies
Won equivalents (in thousands)
Annual Interest Rate (%)
LIBOR + 0.45
LIBOR + 0.6
LIBOR + 0.4-0.6
LIBOR + 0.375
LIBOR + 0.45
LIBOR + 1
LIBOR + 0.65-1.1
$–
129,444
539,084
37,778
10,000
–
263,712
$980,018
1,234,528,597
$8,533
181,222
618,371
56,667
20,000
8,606
492,388
$1,385,787
1,587,280,784
Thousands of U.S. Dollars
2000 1999
Outstanding Debentures
Guaranteed by banks, payable through 2001
Floating rate notes payable in 2001
Other, payable through 2003
Add: premiums
Less: discounts
Total
Annual Interest Rate (%)
2000
11 - 22
CD + 0.1
8 - 15.70
122,500,000
32,000,000
1,196,500,000
1,351,000,000
–
–
1,351,000,000
538,550,000
32,000,000
1,646,000,000
2,216,550,000
–
(41,599,876)
2,174,950,124
Thousands of Won
2000 1999
Long-Term Debt Maturities
2001
2002
2003
2004
Thereafter
Total
Debentures
1,331,000,000
20,000,000
–
–
–
1,351,000,000
Foreign Currency
Loans
805,829,177
394,020,369
34,679,051
–
–
1,234,528,597
Local Currency
Loans
53,868,504
36,986,222
7,006,660
410,300
–
98,271,686
Total
2,190,697,681
451,006,591
41,685,711
410,300
–
2,683,800,283
Thousands of Won