Loans and borrowings
As at 31 December 2015, Budimex SA had the following loans, borrowings and finance lease agreements:
| Lender | Title of liability | Date of signing the loan/borrowing agreement | Amount available (in ‘000) | Liability incl. interest (in ‘000) | Interest rate | Maturity date |
|---|---|---|---|---|---|---|
| Credit Agricole Bank Polska SA | Revolving working capital facility | 13.05.2015 | PLN 50,000 | - | 1M or 3M WIBOR + margin |
11.05.2018 |
| ING Bank Śląski S.A. | Overdraft facility | 15.05.2015 | PLN 50,000 | - | 1M WIBOR + margin |
01.05.2018 |
| Bank Zachodni WBK SA | Revolving facility | 13.05.2015 | PLN 50,000 | - | 1M or 3M or 6M WIBOR + margin |
12.05.2018 |
| Bank PEKAO SA | Revolving working capital facility | 14.05.2015 | PLN 50,000 | - | 1M WIBOR + margin |
14.05.2018 |
| Societe Generale SA Branch in Poland | Medium-term revolving facility | 14.05.2015 | PLN 70,000 | - | 1M WIBOR + margin |
14.05.2018 |
| Cintra Infraestructuras SA | Borrowing | 01.12.2004 | EUR 2,054 | EUR 2,054 | 12M EURIBOR + margin | 01.12.2016 |
| Millennium Leasing Sp. z o.o. | Finance lease (92 agreements in total) | - | - | PLN 20,162 | 1M WIBOR + margin |
30.11.2020 |
| Konica Minolta | Finance lease | 16.02.2012 | - | PLN 1,011 | fixed, as provided in the agreement | monthly |
As at 31 December 2015, the other companies of the Budimex Group were parties to the following loan agreements and finance lease agreements:
| Lender | Title of liability | Date of signing the loan agreement | Amount available under the agreement (in ‘000) | Liability, incl. interest (in ‘000) | Interest rate | Maturity date |
|---|---|---|---|---|---|---|
| Budimex Nieruchomości Sp. z o.o. | ||||||
| Konica Minolta Business Solutions Sp. z o.o. | Finance lease | 16.02.2012 | - | PLN 55 | fixed, as provided in the agreement | monthly |
| Mostostal Kraków SA | ||||||
| Bank BGŻ BNP Paribas SA | Finance lease | 22.11.2013 | - | PLN 997 | 1M WIBOR + margin |
13.03.2019 |
| Konica Minolta Business Solutions Sp. z o.o. | Finance lease | 31.05.2012 | - | PLN 53 | fixed, as provided in the agreement | monthly |
| Millennium Leasing Sp. z o.o. | Finance lease | 17.12.2014 | - | PLN 393 | 1M WIBOR + margin |
05.02.2020 |
| Budimex Parking Wrocław Sp. z o.o. | ||||||
| Bank PKO BP SA (consortium leader) | Concession financing loan | 30.06.2012 | - | PLN 32,783 | 3M WIBOR + margin |
31.12.2031 |
| Konica Minolta Business Solutions Sp. z o.o. | Finance lease | 30.09.2014 | - | PLN 3 | fixed, as provided in the agreement | monthly |
| Elektromontaż Poznań SA | ||||||
| Getin Bank SA | Finance lease | 17.07.2014 | - | PLN 53 | 3M WIBOR + margin |
17.07.2018 |
| Masterlease | Finance lease (4 agreements in total) | - | - | PLN 54 | 1M WIBOR + margin |
05.05.2017 |
| Millennium Leasing Sp. z o.o. | Finance lease | 26.01.2012 | - | PLN 17 | 1M WIBOR + margin |
26.11.2016 |
