| 5. FINANCE COSTS | Close Window |
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| (All amounts in Sri Lanka Rupees millions) |
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| Group | Company | |||
| 2003 | 2002 | 2003 | 2002 | |
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| Interest expense and related charges | ||||
| Rupee loans (long-term) | 1,628 | 2,260 | 1,567 | 2,248 |
| Foreign currency loans | 553 | 660 | 553 | 660 |
| Debenture interest | 120 | 174 | 120 | 174 |
| Amortisation of deferred costs | 48 | 48 | 48 | 48 |
| Other charges [Note (a)] | 1 | 2 | 1 | 2 |
| Total interest payable | --------- 2,350 |
--------- 3,144 |
--------- 2,289 |
--------- 3,132 |
| Interest capitalised | (96) --------- |
(338) --------- |
(96) --------- |
(338) --------- |
| Total interest charged | 2,254 | 2,806 | 2,193 | 2,794 |
| Foreign exchange loss (Note 25) | 609 | 571 | 609 | 571 |
| Aggregate value of finance costs | --------- 2,863 ====== |
--------- 3,377 ====== |
--------- 2,802 ====== |
--------- 3,365 ====== |
| (a) | Other charges include debenture and loan related expenses. |