157
AirAsia X Berhad • Annual Report 2014
NOTES TO THE FINANCIAL STATEMENTS
AS AT 31 DECEMBER 2014
25 BORROWINGS
Weighted average rate of finance
Group and Company
2014
%
2013
%
2014
RM’000
2013
RM’000
Current
Secured:
- Revolving credit
4.19
3.56
316,026
261,185
- Term loans
4.24
4.68
162,202
184,674
- Hire purchase
2.80
2.80
17
21
Unsecured:
- Commodity structured trade finance
5.88
-
35,000
-
513,245
445,880
Non-current
Secured:
- Revolving credit
-
3.56
-
179,686
- Term loans
4.24
4.68
1,066,051
1,370,626
- Hire purchase
2.80
2.80
49
61
1,066,100
1,550,373
Total borrowings
1,579,345
1,996,253
Total borrowings as at 31 December 2014 consist of the following banking facilities:
Group and Company
2014
RM’000
2013
RM’000
Fixed rate borrowings
1,228,319
1,534,835
Floating rate borrowings
351,026
461,418
1,579,345
1,996,253
The Group’s and Company’s borrowings are repayable as follows:
Not later than 1 year
513,245
445,880
Later than 1 year and not later than 5 years
648,858
899,680
Later than 5 years
417,242
650,693
1,579,345
1,996,253
The currency profile of borrowings is as follows:
Ringgit Malaysia
75,066
40,082
US Dollar
1,504,279
1,956,171
1,579,345
1,996,253
