Westjet 2000 Annual Report Download - page 30

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4. Long-term debt:
2000 1999
$12,000,000 term loan of which the remaining $1,703,000
will be drawn subsequent to year end and will be repayable in
monthly instalments of $108,000 commencing May 2001
including interest at 9.03%, maturing April 2011, secured
by the hangar facility $ 10,297 $ —
$8,756,000 term loan repayable in monthly instalments of
$86,000 commencing June 2001 including floating interest at
8.37%, maturing May 2016, secured by new generation
flight simulator 8,756 —
$4,257,000 term loan repayable in monthly instalments of
$66,000 including interest at 8.39% and $2,943,000 term
loan repayable in monthly instalments of $47,000
including interest at 8.81%, maturing October 2005,
secured by one aircraft 5,858 6,681
$5,117,000 term loan repayable in monthly instalments
of $76,000 including interest at 8.29% and $2,383,000 term
loan repayable in monthly instalments of $36,000 including
interest at 8.36%, maturing October 2005, secured by
one aircraft 5,826 6,645
$5,759,000 term loan repayable in monthly instalments of
$87,000 including interest at 8.42%, and $1,614,000 term
loan repayable in monthly instalments of $25,000 including
interest at 8.49%, maturing October 2005, secured by
one aircraft 5,793 6,606
$6,500,000 bank term loan repayable in monthly instalments
of $133,000 including interest at 8.38%, maturing
May 2004, secured by two aircraft 4,729 5,875
$7,500,000 bank term loan repayable in monthly instalments
of $153,000 including interest at 8.13%, maturing
April 2003, secured by two aircraft 3,880 5,330
$7,500,000 bank term loan repayable in monthly instalments
of $154,000, including interest at 8.50%, maturing
November 2002, secured by two aircraft 3,255 4,754
$3,364,000 term loan repayable in monthly instalments
of $178,000 including interest at 6.36%,
maturing November 2001 1,895 —
50,289 35,891
Less current portion 9,336 6,550
$ 40,953 $ 29,341
WESTJET AIRLINES LTD.
NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS
Saskatoon
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