9 TRADE AND OTHER PAYABLES (CONTINUED)
Outstanding balances with related parties are unsecured.
The Group and the Trust’s exposure to liquidity risk related to trade and other payables are disclosed in
Note 15.
10 BORROWINGS
Group
Trust
Note
2014
2013
2014
2013
$’000
$’000
$’000
$’000
Secured borrowings
Commodity Murabaha Facilities
- Term
10(a)
195,000
352,837
195,000
352,837
- Revolving
10(a)
28,500
30,500
28,500
30,500
Less: Unamortised capitalised
transaction costs
(3,383)
(5,623)
(3,383)
(5,623)
220,117
377,714
220,117
377,714
Unsecured borrowings
Convertible Sukuk – debt component
11
70,375
69,678
–
–
Trust Certificates
10(b)
190,000
–
–
–
Loans from subsidiaries
10(c)
–
–
262,500
72,500
Less: Unamortised capitalised
transaction costs
(1,644)
–
(2,388)
(990)
188,356
–
260,112
71,510
478,848
447,392
480,229
449,224
Current
98,875
130,376
100,256
130,376
Non-current
379,973
317,016
379,973
318,848
478,848
447,392
480,229
449,224
NOTES TO THE FINANCIAL STATEMENTS
Year ended 31 December 2014
SABANA REIT
|
ANNUAL REPORT 2014
117
