Mercedes 2006 Annual Report Download - page 208

Download and view the complete annual report

Please find page 208 of the 2006 Mercedes annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 237

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226
  • 227
  • 228
  • 229
  • 230
  • 231
  • 232
  • 233
  • 234
  • 235
  • 236
  • 237

192
The aggregate nominal amounts of financial liabilities maturing
during the next five years and thereafter are as follows:
At December 31, 2006, the Group had unused short-term credit
lines of €8,600 million (2005: €7,099 million) and unused
long-term credit lines of €9,600 million (2005: €10,806 million).
The credit lines include a US $18 billion revolving credit facility
with a syndicate of international banks. The credit agreement is
comprised of a multi-currency revolving credit facility which
allows DaimlerChrysler AG to borrow up to US $5 billion until
December 2009 and US $4.9 billion until December 2011,
respectively, a US dollar revolving credit facility which allows
DaimlerChrysler North America Holding Corporation,
a wholly-owned subsidiary of DaimlerChrysler AG, to borrow up
to US $6 billion available until May 2007, and a multi-currency
revolving credit facility for working capital purposes which allows
DaimlerChrysler AG and several subsidiaries to borrow up to
US $7 billion until May 2008. A part of the US $18 billion facility
serves as back-up for commercial paper drawings.
25. Financial Liabilities
Weighted average interest rates for notes/bonds, commercial
paper, liabilities to financial institutions and deposits from
the direct banking business are 5.71%, 5.11%, 4.88% and 2.98%,
respectively, at December 31, 2006.
Commercial papers are primarily denominated in euros and
US dollars and include accrued interest. Liabilities to financial
institutions are partly secured by mortgage conveyance and
encumbrances on property and plants of approximately €1,490
million (2005: €1,958 million).
At December 31,
2005
2006
10,286
7,834
10,715
504
2,962
236
2,078
34,615
35,350
6,120
104
148
426
1,755
43,903
78,518
12,530
9,104
9,860
417
3,045
27
1,500
36,483
34,902
7,612
76
160
–
1,699
44,449
80,932
2008-2097
2008-2019
Short-term:
Notes/Bonds
Commercial paper
Liabilities to financial institutions
Liabilities to affiliated companies
Deposits from direct banking business
Loans, other financial liabilities
Liabilities from capital lease and residual value
guarantees
Short-term financial liabilities (due within one year)
Long-term: Maturities
Notes/Bonds
of which due in more than five
years €6,905 (2005: €10,939)
Liabilities to financial institutions
of which due in more than five
years €426 (2005: €1,469)
Liabilities to affiliated companies
of which due in more than five
years €– (2005: €–)
Deposits from direct banking
business of which due in more
than five years €– (2005: €9)
Loans, other financial liabilities
of which due in more than five
years €7 (2005: €–)
Liabilities from capital lease and
residual value guarantees
of which due in more than five
years €346 (2005: €210)
Long-term financial liabilities
(in millions of €) thereafter
20112010200920082007
34,635 14,487 11,513 3,979 6,217 7,753
Financial
liabilities
(in millions of €)