APC 2010 Annual Report Download - page 236

COMPANY FINANCIAL STATEMENTS
6NOTES TO THE FINANCIAL STATEMENTS
Note10 Other borrowings
Other borrowings at December31, 2010 included accrued interest
on bonds and other debt issued by the Company. Following the issue
of EUR1billion worth of bonds in 2010, accrued interest amounted
to EUR113million, compared to EUR117million at end-2009 .
Finally, this line item includes a EUR397million “Schuldschein”
loan granted by international banks in fi rst-half 2008, comprising
four tranches: a EUR129million 7-year fl oating-rate tranche, a
EUR55million 7-year fi xed-rate tranche, a EUR195million 5-year
fl oating-rate tranche and an EUR18million 5-year fi xed-rate tranche.
Note11 Interest-bearing liabilities
Interest-bearing liabilities Dec. 31, 2009 Increase Decrease Dec. 31, 2010
Commercial paper 46,000 (46,000)
Overdrafts 651 (650) 1
Other 27 20 (45) 2
NET 46,679 20 (46,695) 3
In 2010, the Company redeemed all commercial paper.
Note12 Maturities of receivables and payables
Total Due within 1 year Due in 1 to 5 years Due beyond 5 years
Non-current assets
Advances to subsidiaries and affi liates 3,140,038 2,539,975 600,063
Other investment
Current assets
Accounts receivable - trade 58 58
Other receivables 230,307 180,223 50,084
Marketable securities 217,284 217,284
Prepaid expenses 1,696 555 1,141
Debt
Bonds 4,544,565 500,000 1,837,000 2,207,565
Bank loans 397,000 397,000
Other borrowings 113,369 113,369
Amounts payable to subsidiaries and affi liates 13 13
Interest-bearing liabilities 3 3
Accounts payable - trade 288 288
Accrued taxes and payroll costs 5,148 5,148
Other 9,694 9,694
Deferred income
2010 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC234