for the six months ended September 30, 2009
March 31 |
September 30 |
September 30 |
|
|---|---|---|---|
Rm |
Rm |
Rm |
|
| Non-Current portion of interest-bearing debt | 10,653 | 10,692 | 7,950 |
| Local debt | 9,114 | 8,419 | 6,831 |
| Foreign debt | 589 | 746 | 184 |
| Finance leases | 950 | 1,527 | 935 |
| Current portion of interest-bearing debt | 7,622 | 6,767 | 4,430 |
| Local debt | 7,546 | 5,684 | 4,393 |
| Foreign debt | 40 | 970 | - |
| Finance leases | 36 | 113 | 37 |
| Movements in borrowings for the period are as follows: | |||
| Repayments/financing | |||
| Telkom repaid R820 million of the syndicated loan during the current interim period. Commercial Paper Bills with a nominal value of R2,252 million were issued and Commercial Paper Debt with a nominal value of R7,319 million was repaid during the interim period ended September 30, 2009. | |||
| Repayments/refinancing of current portion of interest-bearing debt | |||
| The R4,430 million nominal value of the current portion of interest bearing debt as at September, 30 2009 is expected to be repaid/refinanced from cash flow from operations and the issue of new debt instruments upon maturity. | |||
| Management believes that sufficient funding facilities will be available at the date of repayment/refinancing. |