Virgin Media 2011 Annual Report Download - page 192

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VIRGIN MEDIA INVESTMENT HOLDINGS LIMITED AND SUBSIDIARIES
VIRGIN MEDIA INVESTMENTS LIMITED AND SUBSIDIARIES
COMBINED NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued)
Note 6—Long Term Debt
Long term debt consists of (in millions):
December 31,
2011
December 31,
2010
VMIH VMIL VMIH VMIL
Amounts due to third parties
U.S. Dollar
6.50% senior secured notes due 2018 ..................... £ 635.4 £ 0.0 £ 632.3 £ 0.0
5.25% senior secured notes due 2021 ..................... 353.1 0.0 0.0 0.0
Sterling
7.00% senior secured notes due 2018 ..................... 864.5 0.0 863.1 0.0
5.50% senior secured notes due 2021 ..................... 722.4 0.0 0.0 0.0
Senior credit facility .................................. 750.0 81.6 1,675.0 179.1
Capital leases ........................................ 258.0 258.0 245.9 245.9
Other .............................................. 0.3 0.3 0.8 0.8
3,583.7 339.9 3,417.1 425.8
Less current portion ................................... (76.6) (76.6) (222.1) (72.1)
Long term debt due to third parties ........................... £3,507.1 £ 263.3 £3,195.0 £ 353.7
Amounts due to group companies
U.S. Dollar
9.125% senior notes due 2016 ........................... £ 0.0 £ 0.0 £ 352.6 £ 352.6
6.50% senior notes due 2016 ............................ 0.0 0.0 176.7 176.7
9.50% senior notes due 2016 ............................ 849.2 849.2 843.2 843.2
8.375% senior notes due 2019 ........................... 380.6 380.6 378.8 378.8
6.50% senior secured notes due 2018 ..................... 0.0 635.4 0.0 632.3
5.25% senior secured notes due 2021 ..................... 0.0 353.1 0.0 0.0
Floating rate senior loan notes due 2012 ................... 64.3 64.3 64.1 64.1
Euro
9.50% senior notes due 2016 ............................ 145.3 145.3 148.5 148.5
Sterling
8.875% senior notes due 2019 ........................... 345.2 345.2 344.8 344.8
7.00% senior secured notes due 2018 ..................... 0.0 864.5 0.0 863.1
5.50% senior secured notes due 2021 ..................... 0.0 722.4 0.0 0.0
Senior credit facility .................................. 0.0 668.4 0.0 1,495.9
Other amounts due to group companies
Other notes due to affiliates ............................ 435.0 435.0 437.7 437.7
2,219.6 5,463.4 2,746.4 5,737.7
Less current portion ................................... (64.3) (64.3) 0.0 (150.0)
Long term debt due to group companies ....................... £2,155.3 £5,399.1 £2,746.4 £5,587.7
The carrying values of our $500 million 5.25% and £650 million 5.50% senior secured notes due 2021
include adjustments of £45.7 million and £77.9 million, respectively, as a result of our application of fair value
hedge accounting to these instruments.
F-103