11. Non-Current Liabilities

2003

(in TEUR)	Remaining term between 1 and 5 years			Remaining term over 5 years			Total non-current  liabilities
Bonds		100,000			0			100,000
Bank loans		1,919			2,567			4,486
Obligations under finance lease		919			0			919
		102,838			2,567			105,405
Provisions non-current								72,969
								178,374

statementofliabilities.htm

statementofliabilties.xls (Download size=16896 Bytes): 

2002

(in TEUR)	Remaining term between 1 and 5 years			Remaining term over 5 years			Total non-current  liabilities
Bonds		0			100,000			100,000
Bank loans		610			0			610
		610			100,000			100,610
Provisions non-current								64,152
								164,762

statementofliabilities1.htm

statementofliabilties1.xls (Download size=16384 Bytes): 

The interest bearing borrowings consist primarily of current bank loans at floating interest rates and fixed rates.

Property, plant and equipment amounting to EUR 17,781 thousand and EUR 375 thousand as at 31 December 2003 and 2002, respectively, has been pledged as security for long-term debt.