Annual Report 2015
MANAGEMENT DISCUSSION AND ANALYSIS
41
Gross Debt
FY2015
FY2014
HK$m
HK$m
Consolidated gross debt
113,004.3
116,562.0
NWSH
16,811.4
17,667.5
NWCL
43,029.3
37,207.8
NWDS
1,707.0
696.8
Gross debt (exclude listed subsidiaries)
51,456.6
60,989.9
Net Debt
FY2015
FY2014
HK$m
HK$m
Consolidated net debt
53,539.1
54,738.8
NWSH
6,389.1
10,030.6
NWCL
27,255.6
19,856.2
NWDS – net cash and bank balances
(408.8)
(830.3)
Net debt (exclude listed subsidiaries)
20,303.2
25,682.3
Within
1 year
In 2nd
year
After 5th
year
In 3rd-5th
year
1.8
28.7
4.7
12.0
2.7
13.0
19.5
30.6
Fixed rate
Floating rate
Floating/Fixed
Rate and Maturity
Profile of
Borrowings as at
30 June 2015
(HK$ Billion)
Source of
Borrowings
FY2015
27%
52%
21%
29%
44%
27%
Fixed rate bonds
and notes
payable
Long-term loans
Short-term loans
FY2014
