Notes to the Consolidated Financial Statements
13. TRADE AND OTHER PAYABLES
(millions)
2020
2019
$
63 15 42
Trade payables Interest payables Other payables
$
70 13 34
$
120
$
117
14. LONG-TERM DEBT
(millions)
2020
2019
$
1,180
Balance, beginning of year
$
1,081
212
Proceeds
149
(33)
Repayments
(50)
$
1,359
Balance, end of year
$
1,180
Long-term debt consists of the following:
2020
2019
Principal Outstanding (millions)
Principal Outstanding (millions)
Effective Interest Rate
Effective Interest Rate
GENERAL REVENUE FUND 1 - 5 years
$
134 142
4.1% $
67
5.4% 5.4% 6.4% 3.6% 4.0% 3.4% 3.0%
7.0% 6.4% 3.3% 4.0% 3.4% 3.0%
6 - 10 years 11 - 15 years 16 - 20 years 21 - 25 years 26 - 30 years 31 plus years
242
60
60 81
114 225 450 215
225 450
50
1,340
1,175
Unamortized debt premium/discount and issue costs
14
-
1,354
1,175
OTHER LONG-TERM DEBT 26 - 30 years
5
13.5%
5
13.5%
1,359
1,180
(34)
Less: Current portion of long-term debt
(33)
$
1,325
$
1,147
p.76
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