NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
12. TRADE AND OTHER PAYABLES
(millions)
2019
2018
$
70 13 34
$
66 12 49
Trade payables Interest payable Other payables
$
117 $
127
13. LONG-TERM DEBT
(millions)
2019
2018
$
1,081 149 (50)
$
1,019 121 (59) 1,081
Balance, beginning of year Proceeds Repayments
$
1,180 $
Balance, end of year
Long-term debt consists of the following:
2019
2018
Principal Outstanding (millions)
Principal Outstanding (millions)
Effective Interest Rate
Effective Interest Rate
GENERAL REVENUE FUND 1-5 years 6-10 years
$
67 242
5.4% 5.4% 6.4% 3.6% 4.0% 3.4% 3.0%
$
116 192 110 82 225 250 100
3.9% 5.3% 6.1% 3.6% 4.0% 3.4% 3.3%
60 81
11-15 years 16-20 years 21-25 years 26-30 years 31 plus years
225 450 50
1,175 - 1,175 5 1,180 (33) 1,147
1,075 1 1,076 5 1,081 (50) 1,031
Unamortized debt premium/ discount and issue costs
OTHER LONG-TERM DEBT 26-30 years
13.5%
13.5%
Less: Current portion of long-term debt
$
$
72
Made with FlippingBook Ebook Creator