FORWARD TOGETHER 76 Notes to Condensed Consolidated Financial Information 30 June 2023 16. BANK AND OTHER BORROWINGS (continued) Debt maturity profile of bank and other borrowings: 30 June 2023 31 December 2022 (Unaudited) (Audited) US$’000 US$’000 Bank loans repayable Within one year 199,695 149,126 In the second year 882,119 1,161,178 In the third to fifth year, inclusive 3,524,814 3,038,692 Beyond five years 337,485 462,528 4,944,113 4,811,524 Bonds and other borrowings repayable Within one year 194,845 141,326 In the second year 165,541 59,199 In the third to fifth year, inclusive 324,342 484,581 684,728 685,106 5,628,841 5,496,630 Note: As at 30 June 2023, certain of the Group’s completed investment properties and investment properties under construction in a total fair value of US$2,781,017,000 (31 December 2022: US$2,802,672,000), property, plant and equipment with a carrying amount of US$27,749,000 (31 December 2022: US$28,875,000), pledged bank deposits with an amount of US$2,902,000 (31 December 2022: US$2,030,000), listed equity interests at market value with a fair value of US$149,979,000 (31 December 2022: US$157,207,000), investments in joint ventures and associates with carrying amount of US$341,527,000 (31 December 2022: US$371,459,000), an asset held for sale of US$51,276,000 (31 December 2022: US$51,285,000), and equity interests of certain subsidiaries were pledged to secure bank and other borrowings granted to the Group. 17. OTHER NON-CURRENT LIABILITIES 30 June 2023 31 December 2022 (Unaudited) (Audited) US$’000 US$’000 Amounts due to related parties (note(i)) 2,738 2,599 Deferred revenue 4,417 4,917 Provision for long services payment and retirement pension 5,862 6,121 Long-term employee benefits liability 5,844 5,955 Redemption value of the option granted to non-controlling shareholders of a subsidiary (note(ii)) 100,733 93,687 Security deposits 10,262 16,999 Others 1,592 1,598 131,448 131,876 Notes: (i) The amounts due to related parties are non-trade in nature and unsecured. As at 30 June 2023, the balance of US$2,738,000 (31 December 2022: US$2,599,000) bears interest of 11.82% to 12.25% per annum. (ii) The redemption value of option granted to non-controlling shareholders of a subsidiary amounting to US$100,733,000 represents liabilities of the Group to acquire interest owned by the non-controlling shareholders of a subsidiary, determined based on net asset fair value, as at 30 June 2023.
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