15 FINANCIAL LIABILITIES
(continued)
Terms and debt repayment schedule
(continued)
Currency
Nominal
interest rate
Year of
maturity
Face
value
Carrying
amount
%
$’000
$’000
Balance brought forward
1,280,730 1,272,484
Secured floating rate loans RMB
5.76 – 6.77 2015 – 2026 105,179 105,140
Secured floating rate loans USD
2.48 – 4.13 2015 – 2017
77,308
77,068
Unsecured floating rate
loans
GBP
1.86 – 2.31
2017
26,717
26,543
Unsecured floating rate
loans
JPY
1.86
2017
57,187
56,761
Finance leases
EUR
1.46 2018 – 2019
12,916
12,916
1,560,037 1,550,912
2013
Medium term notes
SGD
3.80 – 4.30 2015 – 2018 250,000 249,688
Medium term notes
JPY
2.01
2018
61,350
61,350
Secured fixed rate loans
USD
3.75
2016
8,790
8,710
Secured floating rate loans AUD
3.65
2021
1,529
1,529
Secured floating rate loans EUR
1.16 – 2.19 2015 – 2021 334,297 333,480
Secured floating rate loans GBP
1.50 – 2.43 2018 – 2021
81,279
80,839
Secured floating rate loans JPY
0.40 – 2.49 2014 – 2020 255,329 253,599
Secured floating rate loans RMB
5.76 – 6.52 2015 – 2023
64,704
64,704
Secured floating rate loans USD
2.49 – 4.05 2015 – 2016
50,447
50,233
Unsecured floating rate
loans
GBP
2.29 – 2.35 2015 – 2017
40,838
40,114
Unsecured floating rate
loans
JPY
1.90
2017
36,007
35,470
Finance leases
EUR
1.45 2014 – 2019
17,368
17,368
1,201,938 1,197,084
Trust
2014
Secured floating rate loans AUD
4.27
2021
1,450
1,426
Secured floating rate loans EUR
1.13 – 1.57 2015 – 2021 297,145 295,104
Secured floating rate loans GBP
1.86 – 2.46 2016 – 2021
95,250
94,121
Unsecured floating rate
loans
GBP
1.86 – 2.31
2017
26,717
26,543
Unsecured floating rate
loans
JPY
1.86
2017
57,187
56,761
477,749 473,955
Notes to the Financial Statements
Year ended 31 December 2014
160 | Ascott Residence Trust Annual Report 2014
