Vodafone 2003 Annual Report Download - page 98
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Please find page 98 of the 2003 Vodafone annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.Vodafone Group Plc Annual Report & Accounts and Form 20-F 2003
96
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Continued
18. Creditors: amounts falling due within one year
Group Company
2003 2002 2003 2002
£m £m £m £m
Bank loans and other loans 1,078 1,219 351 810
Commercial paper 245 –245 4
Finance leases 107 100 ––
Trade creditors 2,497 3,335 ––
Amounts owed to subsidiary undertakings ––74,242 68,532
Amounts owed to associated undertakings 13 10 –4
Taxation 4,137 3,107 ––
Other taxes and social security costs 855 509 ––
Other creditors 1,342 1,485 460 42
Accruals and deferred income 3,407 3,179 177 170
Proposed dividend 612 511 612 511
14,293 13,455 76,087 70,073
The weighted average interest rate on short term borrowings at 31 March 2003 was 3.5% (2002: 3.0%).
19. Creditors: amounts falling due after more than one year
Group Company
2003 2002 2003 2002
£m £m £m £m
Bank loans 1,803 1,355 ––
Other loans 11,191 10,962 7,807 5,274
Finance leases 181 267 ––
Other creditors 19 36 ––
Accruals and deferred income 563 498 364 451
13,757 13,118 8,171 5,725
Bank loans are repayable as follows:
Group Company
2003 2002 2003 2002
£m £m £m £m
Repayable in more than one year but not more than two years 128 388 ––
Repayable in more than two years but not more than five years 1,602 886 ––
Repayable in more than five years 73 81 ––
1,803 1,355 ––
Other loans are repayable as follows:
Group Company
2003 2002 2003 2002
£m £m £m £m
Repayable in more than one year but not more than two years 1,994 561 –249
Repayable in more than two years but not more than five years 2,878 5,001 3,072 2,363
Repayable in more than five years 6,319 5,400 4,735 2,662
11,191 10,962 7,807 5,274