Maxis Berhad | Annual Report 2013

Maxis Berhad | Annual Report 2013 140 30 BORROWINGS (CONTINUED) (a) Finance lease liabilities (continued) Finance lease liabilities represent outstanding obligations payable in respect of assets acquired under finance lease commitment and are analysed as follows: GROUP 2013 2012 RM’000 RM’000 Not later than one year 7,878 2,411 Later than one year and not later than five years 13,775 5,252 21,653 7,663 Less: Future finance charges (3,701) (681) Present value 17,952 6,982 Representing lease liabilities: - current 6,157 2,061 - non-current 11,795 4,921 17,952 6,982 (b) Current unsecured revolving credit During the financial year, the Company had drawn down a RM500,000,000 revolving credit facility and is repayable in one lump sum on loan maturity date, 23 September 2014. (c) Non-current and current unsecured syndicated term loans (i) USD750,000,000 syndicated term loan This syndicated term loan was drawn down on 24 February 2010 and is repayable in six semi-annual instalments commencing on 24 August 2014 with final maturity on 24 February 2017. As disclosed in Note 21 to the financial statements, the Company has entered into CCIRS where the principal sum and interest under this term loan is hedged against fluctuations in USD/RM exchange rate and in LIBOR. (ii) USD100,000,000 syndicated term loan This syndicated term loan was drawn down on 13 August 2010 and is repayable in one lump sum on loan maturity date, 13 August 2020. As disclosed in Note 21 to the financial statements, the Company has entered into CCIRS where the principal sum and interest under this term loan is hedged against fluctuations in USD/RM exchange rate and in LIBOR. NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2013 Continued