Creative 2003 Annual Report Download - page 17

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16
CONTRACTUAL OBLIGATIONS AND COMMERCIAL COMMITMENTS
The following table presents the contractual obligations and commercial commitments of Creative as of June 30, 2003:
Payments Due by Period (US$’000)
Less than 1 to 3 4 to 5 After 5
Contractual Obligations Total 1 year years years years
Long Term Debt $ 29,091 $ 3,423 $ 6,845 $ 6,845 $ 11,978
Convertible Note 8,764 – 8,764 – –
Capital Lease Obligations 3,433 1,949 1,439 45 –
Operating Leases 40,939 9,976 14,027 3,832 13,104
Unconditional Purchase Obligations 49,470 49,470 – – –
Other Obligations 522 522–––
Total Contractual Cash Obligations
$ 132,219 $ 65,340 $ 31,075 $ 10,722 $ 25,082
As of June 30, 2003, Creative has utilized approximately $4.6 million under guarantees, letters of credit, overdraft and
short-term loan facilities.
RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS
Please refer to Note 1 of “Notes to Consolidated Financial Statements” for the discussion of recently issued accounting
pronouncements.
MANAGEMENT’S DISCUSSION AND ANALYSIS OF
FINANCIAL CONDITION AND RESULTS OF OPERATIONS