Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2012

Schedule of derivative financial instruments


		Balance Sheet Location	Notional Amount (1)	Carrying Amount and Fair Value (1)
Liabilities:
	Interest rate swap agreements	Other non-current liabilities	ZAR 423,634	ZAR 20,441
	Interest rate swap agreements	Other non-current liabilities	COP 101,250,000	COP 5,356,377


(1)	The interest rate swap agreements are denominated in ZAR and COP and have an aggregate notional amount and fair value of $107.3 million and $5.4 million, respectively, as of December 31, 2012.

Schedule of interest rate swap agreements' impact on other comprehensive income


	Year Ended December 31, 2012
Amount of Gain/(Loss) Recognized in OCI on Derivatives (Effective Portion)		Location of Gain/(Loss) Reclassified from Accumulated OCI into Income (Effective Portion)		Amount of Gain/(Loss) Reclassified from Accumulated OCI into Income (Effective Portion)	Location of Gain/(Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing)	Gain/(Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing)
$	(6,220)	Interest expense	$	(1,340)	N/A	N/A

	Year Ended December 31, 2011
Amount of Gain/(Loss) Recognized in OCI on Derivatives (Effective Portion)		Location of Gain/(Loss) Reclassified from Accumulated OCI into Income (Effective Portion)		Amount of Gain/(Loss) Reclassified from Accumulated OCI into Income (Effective Portion)	Location of Gain/(Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing)	Gain/(Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing)
$	(228)	Interest expense	$	(2,205)	N/A	N/A

	Year Ended December 31, 2010
Amount of Gain/(Loss) Recognized in OCI on Derivatives (Effective Portion)		Location of Gain/(Loss) Reclassified from Accumulated OCI into Income (Effective Portion)		Amount of Gain/(Loss) Reclassified from Accumulated OCI into Income (Effective Portion)	Location of Gain/(Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing)	Gain/(Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing)
$	(8,798)	Interest expense	$	(18,294)	N/A	N/A

Schedule of other comprehensive (loss) income included in derivative financial instruments


	2012		2011		2010
Deferred loss on the settlement of the treasury rate lock, net of tax	$	(3,827)	$	(4,625)	$	(3,354)
Deferred gain on the settlement of interest rate swap agreements entered into in connection with the Securitization, net of tax		-		202		497
Unrealized losses related to interest rate swap agreements, net of tax		(4,815)		-		(2,083)

- Definition

Tabular disclosure of the location and amount of gains and losses reported in the statement of financial performance, or when applicable, the statement of financial position. For example, (a) gains and losses recognized in the income statement on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges and (b) gains and losses initially recognized in other comprehensive income on derivative instruments designated and qualifying as cash flow hedges.

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- Definition

Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

+ References+ Details