National Grid 2007 Annual Report Download - page 82

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National Grid Electricity Transmission plc Annual Report and Accounts 2006/07
12. Borrowings
2007
2006
£m
£m
Amounts falling due within one year:
Bank loans and overdrafts
68
219
Other bonds
-
40
Amounts owed to group undertakings
195
-
263
259
Amounts falling due after more than one year:
Bank loans
400
200
Other bonds
3,091
2,547
3,491
2,747
Total borrowings
3,754
3,006
2007
2006
£m
£m
Total borrowings are repayable as follows:
In one year or less
263
259
In more than one year, but not more than two years
407
-
In more than two years, but not more than three years
-
421
In more than three years, but not more than four years
245
-
In more than four years, but not more than five years
-
247
In more than five years
- other than by instalments
2,839
2,079
3,754
3,006
The notional amount outstanding of the Company's debt portfolio at 31 March 2007 was £3,725m (2006: £2,894m).
None of the company's borrowings are secured by charges over the assets of the Company.
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