APC 2012 Annual Report Download - page 245

2012 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC 243
COMPANY FINANCIAL STATEMENTS
6
NOTES TO THE FINANCIAL STATEMENTS
–EUR1billion worth of bonds issued in July2006, comprising
a EUR500 million fi ve-year fl oating rate tranche and a
EUR500million 71/2-year4.5% tranche,
–EUR600million worth of 4% bonds issued in August2005 and
maturing in August2017.
There was no repayment of bonds in2012.
The issue premiums and issue costs are amortised in line with the
effective interest method.
Note10 Other borrowings
Other borrowings at December31, 2012 included accrued interest
on bonds and other debt issued by the Company. Following the
issue of USD800million bonds in2012, accrued interest amounted
to EUR147million, compared to EUR131million at end of2011.
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 sevan-year fl oating-rate tranche,
a EUR55million seven-year fi xed-rate tranche, a EUR195 million
fi ve- year fl oating-rate tranche and a EUR18 million fi ve-year
fi xed-rate tranche.
Note11 Interest-bearing liabilities
Interest-bearing liabilities Dec.31, 2011 Increase Decrease Dec.31, 2012
Commercial paper 190,000 3,163,500 (3,353,500) -
Overdrafts 62 6 - 68
Other 2 - (2) -
NET 190,064 3,163,506 (3,353,502) 68
At December31, 2012, all commercial paper were redeemed.
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 4,178,758 47,000 3,525,422 606,336
Other investment ----
Current assets ----
Accounts receivable - trade 610 610 - -
Other receivables 98,768 49,127 46,147 3,494
Marketable securities 199,949 - 199,949
Prepaid expenses 1,351 778 573 -
Debt ----
Bonds 6,326,323 587,000 3,382,987 2,356,336
Bank loans 397,000 213,000 184,000 -
Other borrowings 147,009 147,009 - -
Amounts payable to subsidiaries and affi liates 13 - 13 -
Interest-bearing liabilities 68 68 - -
Accounts payable - trade 135 135 - -
Accrued taxes and payroll costs 42,320 42,320 - -
Other 8,689 8,689 - -
Deferred income ----