The TransAtlantic Group’s total interest-bearing liabilities amounted to SEK 1,381 M (1,188) on translation at the closing-date rate. In addition, there were non-interest-bearing liabilities totaling SEK 617 M (740). Parts of the interest-bearing liabilities are associated with so-called covenants, according to which the Group must fulfill certain key data. Since not all of these key data have been met, the Group is conducting discussions with the appropriate banks about the financing conditions.
The Parent Company’s total interest-bearing liabilities amounted to SEK 114 M (–). In addition, there were non-interest-bearing liabilities and provisions totaling SEK 454 M (327).
| Total interest-bearing liabilities, distribution by currency | ||||
| Group | ||||
| SEK 000s | Dec. 31, 2009 | Dec. 31, 2008 | ||
| USD | 156,551 | 178,734 | ||
| EUR | 808,109 | 675,831 | ||
| Other foreign currencies | 265,428 | 266,022 | ||
| SEK | 150,949 | 67,858 | ||
| Total | 1,381,037 | 1,188,445 | ||
| Distribution of total liabilities according to date of maturity | ||||
| Group | ||||
| SEK 000s | 2010 | 2011–2014 | After 2014 | Total |
| Borrowing (excl. liabilities pertaining to financial leasing) | 88,343 | 327,983 | 748,613 | 1,164,939 |
| Liabilities pertaining to financial leasing | 83,866 | 85,347 | — | 169,213 |
| Derivative instruments | 15,291 | — | — | 15,291 |
| Accounts payable | 88,870 | — | — | 88,870 |
| Other liabilities | 352,529 | — | 207,041 | 559,570 |
| 628,899 | 413,330 | 955,654 | 1,997,883 | |
| Parent Company | ||||
| SEK 000s | 2010 | 2011–2014 | After 2014 | Total |
| Accounts payable | 37,685 | — | — | 37,685 |
| Liabilities to credit institutions | 18,600 | 74,400 | 21,350 | 114,350 |
| Liabilities to Group companies | 220,445 | — | — | 220,445 |
| Other liabilities | 138,959 | — | 56,906 | 195,865 |
| 415,689 | 74,400 | 78,256 | 568,345 | |
The TransAtlantic Group’s total interest-bearing liabilities amounted to SEK 1,381 M (1,188) on translation at the closing-date rate. In addition, there were non-interest-bearing liabilities totaling SEK 617 M (740). Parts of the interest-bearing liabilities are associated with so-called covenants, according to which the Group must fulfill certain key data. Since not all of these key data have been met, the Group is conducting discussions with the appropriate banks about the financing conditions.
The Parent Company’s total interest-bearing liabilities amounted to SEK 114 M (–). In addition, there were non-interest-bearing liabilities and provisions totaling SEK 454 M (327).