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Borrowings (Tables)
12 Months Ended
Jun. 29, 2012
Bank Borrowings and Long-Term Debt

Bank borrowings and long-term debt was comprised of the following:

 

     June 29, 2012      June 24, 2011  

Short-term bank borrowings

   $ —         $ —     

Long-term loans from banks

     38,579         16,377   
  

 

 

    

 

 

 

Total borrowings

   $ 38,579       $ 16,377   
  

 

 

    

 

 

 

Long-term loan from banks consisted of:

     

Current portion

   $ 9,668       $ 4,398   

Non-current portion

     28,911         11,979   
Outstanding Borrowings Under Long-Term Loan Agreements with Banks

As of June 29, 2012 and June 24, 2011, the Group had outstanding borrowings under long-term loan agreements with banks totaling $38,579 and $16,377, respectively, which consisted of:

 

Contract

No.

  Amount    

Interest rate per annum

(%)

 

Conditions

 

Repayment term

  June 29,
2012
    June 24,
2011
       

1

  $ 28,500      $ 2,000      LIBOR + 2.8% per annum   Repayable in quarterly installments within 6 years   June 2012 – March 2017

2

    10,079        13,747      SIBOR + 1.5% per annum   Repayable in quarterly installments within 8 years   May 2009 – February 2015

3

    —          630      SIBOR + 1.5% per annum   Repayable in semi-annual installments within 7 years   June 2005 – November 2011
 

 

 

   

 

 

       

Total

  $ 38,579      $ 16,377         
 

 

 

   

 

 

       
Movements of Long-Term Loans

The movements of long-term loans for the years ended June 29, 2012 and June 24, 2011 were as follows:

 

     June 29,
2012
    June 24,
2011
 

Opening net book amount

   $ 16,377      $ 20,385   

Additional loans during the year

     28,000        2,000   

Repayment during the year

     (5,798     (6,008
  

 

 

   

 

 

 

Closing net book amount

   $ 38,579      $ 16,377   
  

 

 

   

 

 

 
Future Maturities of Long-Term Debt

As of June 29, 2012, future maturities of long-term debt were as follows at the end of each fiscal year below:

 

2013

   $ 9,668   

2014

     9,668   

2015

     8,743   

2016

     6,000   

2017

     4,500   
  

 

 

 

Total

   $ 38,579   
  

 

 

 
Undrawn Available Credit Facilities

Undrawn available credit facilities as of June 29, 2012 and June 24, 2011 totaled:

 

     June 29, 2012      June 24, 2011  

Bank borrowings:

     

Short-term loans

   $ 8,241       $ 50,450   

Long-term loans

     —           28,000