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imprumuturi din emisiuni de obligatiuni

English translation: bond loans

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Romanian term or phrase:imprumuturi din emisiuni de obligatiuni
English translation:bond loans
Entered by: costinro

08:44 Apr 1, 2003
Romanian to English translations [PRO]
Bus/Financial
Romanian term or phrase: imprumuturi din emisiuni de obligatiuni
este vorba de un articol din bilantul contabil – varianta mea este: loans from bond issues
dianasava
Romania
Local time: 05:55
bond loands
Explanation:


Notes to Financial Statements

--------------------------------------------------------------------------------

Note 16 Notes to Financial Statements Index Note 18

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Note 17 Bond Loans, Convertible Debentures and Other Long-term Liabilities

--------------------------------------------------------------------------------

CONSOLIDATED PARENT COMPANY
1996 1995 1996 1995

--------------------------------------------------------------------------------

Bond loans (maturing 1999) 500 1,495 500 1,495
Convertible debentures (maturing 2000) 1,772 2,028 1,493 1,628


OTHER LONG-TERM LIABILITIES:
Mortgage loans and other secured loans (maturing from 1998­2014) 1,067 397 47 57
Other long-term loans (maturing from 1998­2013) 1,200 1,432 588 772
Other long-term liabilities 1,769 464 61 71

--------------------------------------------------------------------------------

4,036 2,293 696 900

--------------------------------------------------------------------------------


Maturities of the above consolidated long-term loans and liabilities (excluding Other long-term liabilities), were as follows:


--------------------------------------------------------------------------------

1998 576
1999 1,042
2000 2,126
2001 123
2002 103
2003 and thereafter through 2014 569

--------------------------------------------------------------------------------

4,539

--------------------------------------------------------------------------------


The Parent Company has one convertible debenture loan outstanding, which was issued 1993. The loan, offered with preferential rights for Ericsson shareholders, was in the amount of SEK 2,172 m. and carries interest of 4.25 percent. The debentures are convertible up to and including May 31, 2000, at a conversion price after stock split and adjustments for new stock issue, of SEK 72.10 per B share. During 1996 debentures in the amount of SEK 255.8 m. were converted to 3,547,308 B shares.

Upon conversion of all outstanding debentures, there would be a further increase of 24,573,962 in the number of shares.

During the period beginning January 1 through February 15, 1997 additional debentures were converted to 552,319 B shares; as a result the number of shares carrying rights to dividends as of the record date is 961,714,524.

In the 1993 consolidated accounts, the equity component SEK 654 m. ­ calculated as the difference between the convertible debenture interest rate, 4.25 percent, at expiration of the subscription period on July 1, 1993 and the Company's alternative interest rate, 10.55 percent ­ has been credited to the General reserve as addition to capital in the Parent Company only. The capital discount is charged to income during the maturity of the loan.




--------------------------------------------------------------------------------

Note 16 Notes to Financial Statements Index Note 18

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Selected response from:

costinro
United Kingdom
Local time: 03:55
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +1bond loands
costinro


  

Answers


47 mins   confidence: Answerer confidence 5/5 peer agreement (net): +1
bond loands


Explanation:


Notes to Financial Statements

--------------------------------------------------------------------------------

Note 16 Notes to Financial Statements Index Note 18

--------------------------------------------------------------------------------


Note 17 Bond Loans, Convertible Debentures and Other Long-term Liabilities

--------------------------------------------------------------------------------

CONSOLIDATED PARENT COMPANY
1996 1995 1996 1995

--------------------------------------------------------------------------------

Bond loans (maturing 1999) 500 1,495 500 1,495
Convertible debentures (maturing 2000) 1,772 2,028 1,493 1,628


OTHER LONG-TERM LIABILITIES:
Mortgage loans and other secured loans (maturing from 1998­2014) 1,067 397 47 57
Other long-term loans (maturing from 1998­2013) 1,200 1,432 588 772
Other long-term liabilities 1,769 464 61 71

--------------------------------------------------------------------------------

4,036 2,293 696 900

--------------------------------------------------------------------------------


Maturities of the above consolidated long-term loans and liabilities (excluding Other long-term liabilities), were as follows:


--------------------------------------------------------------------------------

1998 576
1999 1,042
2000 2,126
2001 123
2002 103
2003 and thereafter through 2014 569

--------------------------------------------------------------------------------

4,539

--------------------------------------------------------------------------------


The Parent Company has one convertible debenture loan outstanding, which was issued 1993. The loan, offered with preferential rights for Ericsson shareholders, was in the amount of SEK 2,172 m. and carries interest of 4.25 percent. The debentures are convertible up to and including May 31, 2000, at a conversion price after stock split and adjustments for new stock issue, of SEK 72.10 per B share. During 1996 debentures in the amount of SEK 255.8 m. were converted to 3,547,308 B shares.

Upon conversion of all outstanding debentures, there would be a further increase of 24,573,962 in the number of shares.

During the period beginning January 1 through February 15, 1997 additional debentures were converted to 552,319 B shares; as a result the number of shares carrying rights to dividends as of the record date is 961,714,524.

In the 1993 consolidated accounts, the equity component SEK 654 m. ­ calculated as the difference between the convertible debenture interest rate, 4.25 percent, at expiration of the subscription period on July 1, 1993 and the Company's alternative interest rate, 10.55 percent ­ has been credited to the General reserve as addition to capital in the Parent Company only. The capital discount is charged to income during the maturity of the loan.




--------------------------------------------------------------------------------

Note 16 Notes to Financial Statements Index Note 18

--------------------------------------------------------------------------------




costinro
United Kingdom
Local time: 03:55
Native speaker of: Native in RomanianRomanian
PRO pts in pair: 99

Peer comments on this answer (and responses from the answerer)
agree  Nadia Farcas
1 day 2 hrs
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