TNAG-0770-FCO40-974-Construction-of-underground-railway-system-in-Hong-Kong-1978 — Page 41

10. Long Term Loans

十、長期貸欵

Contractor Finance 承建商提供之貸欸

Undrawn

Facilities

未利用之貸欵

1977

$million

百萬元

Total Loans Outstanding

1977

$million

未清還之總貸款額

1976

$million

百萬元

百萬元

Guaranteed 有保証

Unguaranteed 無保證

1,431

600

202

49

1,480

600

202

30

General Finance 一般貸欵

Guaranteed 有保証 Unguaranteed 無保證

Total long term loans 長期貸欵總額

The guarantee on the loans described above has been given by the Government of Hong Kong.

Total loans outstanding drawn in foreign currency have been converted into Hong Kong dollars at rates of exchange as stated in note 2(d). The total long term loan liability at 31 December 1977, expressed in Hong Kong dollars at approximately the rates of exchange ruling at that date was $650 million.

Contractor Finance

Included in contractor finance are export credit facilities amounting to the equivalent of approximately $1,993 million (converted at approximately the rates of exchange ruling at 31 December 1977) which are available to

the Corporation in respect of contracts for the MIS. Of these facilities, approximately $1,821 million are at fixed rates of interest of between 71/2 and 9 per cent per annum

with the balance being at variable rates of interest. The final maturity of these facilities

is, for approximately $1,915 million, between 9 and 12 years from 20 January 1980, the

mean commissioning date.

The balance of contractor finance

consists of foreign currency loans or facilities and Hong Kong dollar denominated deferred credit in respect of specific contracts, the interest rates on which are partly fixed and partly variable with the fixed rates being

between 7'/2 and 8/2 per cent per annum. The final maturity of these facilities varies between 5 and 7 years from 20 January 1980.

672

650

1,322

2,802

600

|| ||

-

202

上述之貨欵保証是由香港政府提供。

未清還之全部外幣貸欵已按附註二(丁) 所訂之兌換率折算成港幣。截至一九七七年 十二月卅一日止,按當日兌換率折成港幣之 長期貸欸總負債為六億五千萬元。

承建商提供之貸欵

在「修正早期系統」之工程合約方面,本 公司獲得之承建商貸欵亦包括約相當於十九 億九千三百萬港元(按一九七七年十二月卅 一日之兌換率折算)之出口信用貸欵在內, 其中,約佔十八億二千一百萬元之貸欵利率

為固定年息七厘半至九厘,其餘之貨欸, 則採用浮動利率計算。此批貨欸中約十九億 一千五百萬港元將由一九八零年一月二十日 地下鐵路平均啟用日起,九至十二年內清還

•

。

以上貨欸中之餘額,包括外幣貸款及港 元遞延貸欸,利率部份固定、部份浮動,而 固定年息爲七厘半至八厘半之間,此等貸欸 由一九八零年一月二十日起計,在五至七年 內清還。

自一九七七年十二月卅一日以後,本公 可就「修正早期系統,其中一合約獲得一千七 百五十萬美元貸欸,利率採用浮動方式計算

,由一九七八年四月起計,九年內清還。

是年內,就三個國際工程合約之本地費 用部份所提供之五千六百萬元之兩個港元貸 欸,已告撤銷。