Annual Report 2014
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  2. Consolidated Financial Statements
  3. Notes to the consolidated financial statements
  4. Borrowings and debt securities

24. Borrowings and debt securities

  Note As at Dec 31 2014 As at Dec 31 2013
Non-current   5,069 5,385
Bank borrowings  24.1., 24.2. 463 816
Debt securities  24.4. 4,533 4,460
Lease liabilities  24.5., 24.6. 73 109
Current   769 2,276
Bank borrowings  24.1., 24.2. 351 781
Borrowings  24.3% 11 22
Debt securities  24.4. 361 1,425
Lease liabilities  24.5., 24.6. 46 48
Total   5,838 7,661
 

24.1.  Bank borrowings

As at Dec 31 2014  
Currency Interest rate Amount in original currency Carrying amount including repayable in:
        2015 2016-2020 2021 and beyond
PLN 1M WIBOR + margin  204  204  193  1  10
PLN 3M WIBOR + margin  54  54  50  1  3
USD LIBOR + margin  123  436  7  429  -
EUR Eonia+margin  20  84  84  -  -
EUR EURIBOR + margin  8  36  17  7  12
Total      814  351  438  25
             
As at Dec 31 2013  
Currency Interest rate Amount in original currency Carrying amount including repayable in:
        2014 2015-2019 2020 and beyond
PLN 1M WIBOR + margin  213  213  199  1  13
PLN 3M WIBOR + margin  178  178  8  167  3
USD LIBOR + margin  317  1,074  475  599  -
EUR Eonia+margin  20  83  83  -  -
EUR EURIBOR + margin  25  49  16  20  13
Total      1,597  781  787  29
 

24.2.  Obtained credit facilities and amounts available under the facilities

  As at Dec 31 2014 As at Dec 31 2013
Credit facilities obtained  1,578  1,590
Amounts drawn  (752)  (1,263)
Undrawn amounts  826  327
 

24.3.  Borrowings

As at Dec 31 2014  
Currency Interest rate Amount in original currency Carrying amount including repayable in:
        2015 2016-2020 2021 and beyond
PLN 1M WIBOR + margin  11  11  11  -  -
Total      11  11  -  -
             
As at Dec 31 2013  
Currency Interest rate Amount in original currency Carrying amount including repayable in:
        2014 2015-2019 2020 and beyond
PLN 1M WIBOR + margin  22  22  22  -  -
Total      22  22  -  -
 

24.4.  Debt securities

As at Dec 31 2014  
Currency Interest rate Amount in original currency Carrying amount including repayable in:
        2015 2016-2020 2021 and beyond
PLN 3M WIBOR + margin  190  190  190  -  -
PLN 6M WIBOR + margin 2,478 2,478 95 2,383  -
EUR 4% 516 2,226 76 2,150  -
Total     4,894 361 4,533  -
             
As at Dec 31 2013  
Currency Interest rate Amount in original currency Carrying amount including repayable in:
        2014 2015-2019 2020 and beyond
PLN 2,80%-5,38%  952  952  952  -  -
PLN 1M WIBOR + margin  40  40  40  -  -
PLN 3M WIBOR + margin  109  109  109  -  -
PLN 6M WIBOR + margin 2,619 2,619 246 2,373  -
EUR 4% 516 2,165 78 2,087  -
Total     5,885 1,425 4,460  -
 

24.5.  Finance lease liabilities

As at Dec 31 2014  
Currency Interest rate Amount in original currency Carrying amount
       
PLN 3%-5%  5  5
PLN 1M WIBOR + margin  32  32
PLN 5%-8%  15  15
USD LIBOR + margin  17  60
USD 6% on average  2  6
EUR EURIBOR + margin  -  1
Total      119
       
As at Dec 31 2013  
Currency Interest rate Amount in original currency Carrying amount
       
PLN 1M WIBOR + margin  40  40
PLN 5%-8%  39  39
USD LIBOR + margin  22  67
USD 6% on average  3  9
EUR EURIBOR + margin  -  2
Total      157
 

24.6.   Maturity of finance lease liabilities (disclosed in the statement of financial position)

  As at Dec 31 2014    
Maturing in: Discounted payments disclosed in the statement of financial position Interest Actual lease payments due
up to 1 year  46  (1)  45
from 1 to 5 years  73  (4)  69
Total  119  (5)  114
       
  As at Dec 31 2013    
Maturing in: Discounted payments disclosed in the statement of financial position Interest Actual lease payments due
up to 1 year  48  5  53
from 1 to 5 years  109  7  115
Total  157  12  168
 
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