30 Borrowings
2007 |
2006 |
|
$000 |
$000 |
|
(a) Current |
|
|
Western Australian Treasury Corporation Loans |
222,440 |
1,119,396 |
Finance lease liability (i) |
0 |
2,899 |
Commonwealth Loans |
383 |
383 |
|
222,823 |
1,122,678 |
(b) Non-Current |
|
|
Western Australian Treasury Corporation Loans |
631,851 |
594,920 |
Commonwealth Loans |
3,492 |
3,874 |
|
635,343 |
598,794 |
(i) Lease liabilities are effectively secured as the rights to the leased assets revert to the lessor in the event of default.
The carrying amounts of non-current assets leased as security are:
2007 |
2006 |
|
$000 |
$000 |
|
Railcars |
0 |
36,841 |