World Fuel Services 2013 Annual Report Download - page 70

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As of December 31, 2013, the aggregate annual maturities of debt are as follows (in thousands):
Year Ended December 31,
2014 $ 14,647
2015 9,733
2016 12,508
2017 16,016
2018 410,807
$463,711
The following table provides additional information about our interest income and expense and other financing costs, net (in
thousands):
2013 2012 2011
Interest income $ 3,882 $ 908 $ 788
Interest expense and other financing costs (21,169) (20,005) (16,613)
$(17,287) $(19,097) $(15,825)
7. Commitments and Contingencies
Surety Bonds
In the normal course of business, we are required to post bid, performance and garnishment bonds. The majority of the surety bonds
posted relate to our aviation and land segments. As of December 31, 2013 and 2012, we had outstanding bonds that were arranged in
order to satisfy various security requirements of $34.1 million and $34.3 million, respectively. Most of these bonds provide financial
security for obligations which have already been recorded as liabilities.
Lease Commitments
As of December 31, 2013, our future minimum lease payments under non-cancelable operating leases were as follows (in thousands):
Year Ended December 31,
2014 $ 31,649
2015 30,406
2016 24,156
2017 18,874
2018 15,385
Thereafter 40,402
$160,872
We incurred rental expense for all properties and equipment of $24.7 million, $27.3 million and $21.8 million for 2013, 2012 and 2011,
respectively.
Sales and Purchase Commitments
As of December 31, 2013, fixed sales and purchase commitments under our derivative programs amounted to $265.0 million and
$13.9 million, respectively.
Additionally, as of December 31, 2013, we had entered into certain other fixed price sales commitments with corresponding fixed
price purchase commitments, the majority of which were satisfied within a two-week period. These sales and purchase commitments
were made in the normal course of business.
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