Cathay Pacific 2004 Annual Report Download - page 55

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Cathay Pacific Airways Limited 2004 Annual Report 51
14. LONG-TERM LIABILITIES
2004 2003
Current Non-current Current Non-current
Note
HK$M HK$M HK$M HK$M
Group
Long-term loans
(a)
1,229 2,765 1,983 4,387
Obligations under finance leases
(b)
3,740 14,897 2,896 17,031
4,969 17,662 4,879 21,418
Company
Long-term loans
(a)
478 1,514 2,052 3,115
Obligations under finance leases
(b)
5,080 20,951 3,721 24,427
5,558 22,465 5,773 27,542
(a) Long-term loans
Group Company
2004 2003 2004 2003
HK$M HK$M HK$M HK$M
Bank loans
– secured 2,328 3,304 673 1,931
– unsecured 894 2,784 894 2,784
Other loans
– secured 425 452 425 452
– unsecured 347 372
3,994 6,912 1,992 5,167
Security deposits (542 )
Amount due within one year included
under current liabilities (1,229 ) (1,983 ) (478 ) (2,052 )
2,765 4,387 1,514 3,115
Repayable as follows:
Bank loans
– within one year 846 2,465 409 1,992
– after one year but within two years 1,376 893 1,137 510
– after two years but within five years 528 2,474 11 2,199
– after five years 472 256 10 14
3,222 6,088 1,567 4,715
Other loans
– within one year 383 60 69 60
– after one year but within two years 74 393 74 64
– after two years but within five years 266 263 233 220
– after five years 49 108 49 108
772 824 425 452
Security deposits (542 )
Amount due within one year included
under current liabilities (1,229 ) (1,983 ) (478 ) (2,052 )
2,765 4,387 1,514 3,115
Notes to the Accounts Balance Sheet