Tesco 2002 Annual Report Download - page 32

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30 TESCO PLC notes to the financial statements continued
NOTE 19 Creditors falling due after more than one year
Group Company
2002 2001 2002 2001
£m £m £m £m
4% unsecured deep discount loan stock 2006 (a) 99 94 99 94
Finance leases (note 23) 14 17 – –
83⁄4% bonds 2003 (b) – 200 – 200
6% bonds 2006 (c) 150 – 150 –
71⁄2% bonds 2007 (d) 325 325 325 325
6% bonds 2008 (e) 250 –250 –
51⁄8% bonds 2009 (f) 350 350 350 350
65⁄8% bonds 2010 (g) 150 150 150 150
4% RPI bonds 2016 (h) 210 203 210 203
3.322% LPI bonds 2025 (i) 162 – 162 –
6% bonds 2029 (j) 200 200 200 200
Medium term notes (k) 476 60 476 60
Other loans (l) 355 326 237 237
2,741 1,925 2,609 1,819
Accruals and deferred income (note 18) –2––
2,741 1,927 2,609 1,819
(a) The 4% unsecured deep discount loan stock is redeemable at a par value of £125m in 2006.
(b) The 83⁄4% bonds are redeemable at a par value of £200m in 2003.
(c) The 6% bonds are redeemable at a par value of £150m in 2006.
(d) The 71⁄2% bonds are redeemable at a par value of £325m in 2007.
(e) The 6% bonds are redeemable at a par value of £250m in 2008.
(f) The 51⁄8% bonds are redeemable at a par value of £350m in 2009.
(g) The 65⁄8% bonds are redeemable at a par value of £150m in 2010.
(h) The 4% RPI bonds are redeemable at a par value of £210m, indexed for increases
in the RPI over the life of the bond, in 2016.
(i) The 3.322% LPI bonds are redeemable at a par value of £162m, indexed for increases
in the RPI over the life of the bond, in 2025.The maximum indexation of the principal
in any one year is 5%, with a minimum of 0%.
(j) The 6% bonds are redeemable at a par value of £200m in 2029.
(k) The medium term notes are of various maturities and include foreign currency
and sterling denominated notes swapped into floating rate sterling.
This includes a 50bn Yen 2006 issue.
(l) Various bank loans maturing 2005.