Integrated Report 2020

INTEGRATED REPORT 2020 CIM FINANCIAL SERVICES LTD Explanatory Notes 30 SEPTEMBER 2020 27. OTHER BORROWED FUNDS GROUP COMPANY Sep-20 MUR m Sep-19 MUR m Sep-20 MUR m Sep-19 MUR m (a) Non current Bank and other borrowings - Secured (d) 1,153.1 4,280.8 - - Bank and other borrowings - Unsecured 4,002.5 5.7 3,988.0 - 5,155.6 4,286.5 3,988.0 - Current Bank overdrafts (note 13) - 16.5 - - Bank and other borrowings - Secured (d) 3,592.7 3,749.5 337.5 - Bank and other borrowings - Unsecured 1,088.3 1,042.3 1,161.7 1,203.3 4,681.0 4,808.3 1,499.2 1,203.3 Total 9,836.6 9,094.8 5,487.2 1,203.3 GROUP COMPANY Sep-20 MUR m Sep-19 MUR m Sep-20 MUR m Sep-19 MUR m (b) Non current borrowings analysed as follows: Repayable otherwise than by instalments: After one year and before two years Others - 2.5 - - After two years and before three years Others 2,578.2 3.2 1,578.3 - After three years and before five years Others 2,129.2 - 2,129.2 - After five years 280.5 - 280.5 - Repayable by instalments: After one year and before two years 133.2 3,112.0 - - After two years and before three years 33.6 131.4 - - After three years and before five years 0.9 1,037.4 - - After five years - - - - 5,155.6 4,286.5 3,988.0 - GROUP COMPANY Sep-20 % Sep-19 % Sep-20 % Sep-19 % (c) The effective interest rates at the end of the reporting period were as follows: Bank overdrafts 3.45 - 12.00 4.90 - 6.95 - - Bank and other borrowings - Secured 2.50 - 5.40 3.25 - 5.40 4.25 - Bank and other borrowings - Unsecured 0.75 - 6.30 0.75 - 4.80 2.50 - 6.30 3.45 - 3.70 140