Tiscali 2012 Annual Report Download - page 94

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Annual financial report as at 31 December 2012
Date File Name Status Page
-
Annual Report as at 31
December 2012 94
Payments envisaged by the operating lease contracts are indicated below:
(EUR 000) 31 December 2012 31 December 2011
Minimum payments due for leasing 2,698 1,528
Subleasing payments
Total 2,698 1,528
Total commitments relating to payments due for operating lease transactions which cannot be
cancelled, are presented in the following table.
(EUR 000) 31 December 2012 31 December 2011
Less than 1 year 3,119 1,106
Between 1 and 5 years 3,514 727
More than 5 years
Total 6,633 1,833
Breakdown of current and non-current debt
As per the following table:
Debt as at 31
December 2012 Current debt
Non-
current
debt
Amounts owed to banks for loans (*)
Facility A 106,316 9,143 97,173
Facility B 25,937 399 25,538
Total amounts owed to banks for loans 132,253 9,542 122,711
Total current bank payables (**) 6,327 6,327 -
Total amounts owed to banks 138,580 15,869 122,711
Amounts owed to leasing firms
Sale and lease back – Sa Illetta 57,998 57,998
Other financial leases 715 95 620
Total amounts owed to leasing firms 58,713 95 58,618
Total indebtedness 197,293 15,964 181,329
(*) The amount is for the GFA loan amounting to a nominal EUR 110.5 million in addition to capitalised
interest accrued at 31 December 2012 and net of the repayments during 2012.
(**) Amounts owed for bank overdrafts
The current portion of amounts owed to banks for loans, totalling EUR 9.5 million, is represented by: