5. FINANCE COSTS
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(All amounts in Sri Lanka Rupees millions)
Group
Company
2003
2002
2003
2002
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.
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