Mortgaged asset
Fixed interest
Spain
NHEurobuilding
100,902
Total Spain
100,902
Netherlands
NHBarbizon Palace
58,431
NHAmsterdamCentre
42,956
NHConference Centre Leeuwenhorst
47,135
NHConference Centre Koningshof
31,844
NH Schiphol Airport
38,966
NHConference Centre Sparrenhorst
16,903
NH Zoetermeer
6,915
NHNaarden
10,823
NHCapelle
6,047
NHGeldrop
6,991
NHBest
4,683
NHMarquette
4,046
Total Netherlands
275,740
Net book value of assets assigned as mortgage collateral
376,641
Value of guaranteed debt
450,000
Fixed interest
250,000
Variable interest
200,000
There are also companies whose shares are pledged as collateral for said lines of financing.
Subordinated loans
Two loans for a combined amount of €75.000 million wholly available at 31 December 2013 and with a single maturity and repayment date at the end of their useful
lives, in 2037, are included in this item.
Credit lines
At 31 December 2013, the balances under this item include the amount drawn down from several loan agreements and credit facilities. The joint limit of loan agreements
and credit facilities as at 31 December 2013 amounts to €19,100 million.
The detail, by maturity, of the items included under “Non-Current and Current Payables” is as follows (in thousands of euros):
Maturity
Instrument
Limit
Available Disposed 2013
2014
2015
2016
2017
Remainder
Mortgages
186,979
-
186,979
-
55,855 19,793
19,202 49,312 42,817
Fixed interest
42,645
-
42,645
-
2,688
2,858
3,030 3,304 30,765
Variable interest
144,334
-
144,334
-
53,167
16,935
16,172 46,008 12,052
Equity loans
6,493
-
6,493
-
6,493
-
-
-
-
Variable interest
6,493
-
6,493
-
6,493
-
-
-
Subordinated loans
75,000
-
75,000
-
-
-
-
-
75,000
Variable interest
75,000
-
75,000
-
-
-
-
-
75,000
Syndicated loans
200,000 66,667 133,333
-
19,000 19,000 19,000 76,333
-
Tranche A (floating rate)
133,333
-
133,333
-
19,000 19,000 19,000 76,333
-
Tranche B (floating rate)
66,667
66,667
-
-
-
-
-
-
-
Guaranteed line of credit
14,000
7,494
6,506
-
-
6,506
-
-
-
Variable interest
14,000
7,494
6,506
-
-
6,506
-
-
-
Convertible notes
223,417
-
223,417
-
-
-
-
-
223,417
Fixed interest
223,417
-
223,417
-
-
-
-
-
223,417
Guaranteed senior notes
250,000
-
250,000
-
-
-
-
-
250,000
Fixed interest
250,000
-
250,000
-
-
-
-
-
250,000
SUBTOTAL
955,889
74,161
881,728
-
81,348 45,299 38,202 125,645 591,234
Credit lines
19,100
6,618
12,482
-
12,482
-
-
-
-
Variable interest
19,100
6,618
12,482
-
12,482
-
-
-
-
Arrangement expenses
-
-
(21,513)
-
(716)
(716)
(716)
(2,876) (16,489)
Borrowing costs
-
-
6,591
-
6,591
-
-
-
-
Borrowing situation at 31/12/2013
974,989
80,779 879,288
-
99,705 44,583
37,486 122,769 574,745
Borrowing situation at 31/12/2012
1,052,636
710 1,031,126 853,331
17,298 24,696
11,648 8,180 115,973
REPORT ONTHE CONSOLIDATED FINANCIAL STATEMENTS
87
