NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 December 2021 25. BANK AND OTHER BORROWINGS (continued) Company 31 December 2021 31 December 2020 Effective interest Maturity US$’000 Effective interest Maturity US$’000 rate(%) rate(%) Current Bank loans — secured 2.70 2022 40,451 2.70 2021 1,000 Bank loans — unsecured 3.09-4.10 2022 192,479 3.23-4.35 2021 207,292 Bonds — unsecured 6.75-7.875 2022 681,558 – – – 914,488 208,292 Non-current Bank loans — secured – – – 2.70 2022 40,450 Bank loans — unsecured 2.00-3.43 2023-2026 1,609,920 2.15-3.25 2022-2023 551,584 Bonds — unsecured 5.10 2025 163,742 5.10-7.875 2022-2025 852,310 1,773,662 1,444,344 Convertible bonds (note 30) 5.03 2025 308,769 5.03 2025 298,997 2,082,431 1,743,341 2,996,919 1,951,633 Debt maturity profile of bank and other borrowings: As at 31 December As at 31 December 2021 2020 US$’000 US$’000 Bank loans repayable Within one year 232,930 208,292 In the second year 475,305 139,908 In the third to fifth year, inclusive 1,134,615 452,126 1,842,850 800,326 Bonds and other borrowings repayable Within one year 681,558 – In the second year – 685,031 In the third to fifth year, inclusive 472,511 466,276 1,154,069 1,151,307 2,996,919 1,951,633 Notes: As at 31 December 2021, certain of the Group’s completed investment properties and investment properties under construction with a total fair value of US$2,971,458,000 (2020: US$2,082,085,000) (note 18(c)), property, plant and equipment with a carrying amount of US$28,390,000 (2020: US$26,835,000) (note 13), pledged bank deposits with an amount of US$52,145,000 (2020: US$49,609,000)(note 24), listed equity interests at market value with a fair value of US$183,678,000 (2020: US$294,799,000) (note 17), and investments in joint ventures and associate with a carrying amount of nil (2020: US$115,899,000) (note 15), and equity interests of certain subsidiaries were pledged to secure bank and other borrowings granted to the Group. E S R C A Y M A N L I M I T E D A N N U A L R E P O R T 2 0 2 1 201
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