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Annual Report and Accounts 2006/07

Notes to the Company accounts

5. Borrowings

The following table analyses the Company’s total borrowings:

	2007 £m	2006 £m
Amounts falling due within one year:
Bank loans and overdrafts	30	27
Bonds	301	27
Other loans	29	55
	360	109
Amounts falling due after more than one year: Bonds	4,524	1,715
	4,524	1,715
Total borrowings	4,884	1,824

	2007 £m	2006 £m
Total borrowings are repayable as follows:
In one year or less	360	109
In more than one year, but not more than two years	642	-
In more than two years, but not more than three years	295	348
In more than three years, but not more than four years	495	-
In more than four years, but not more than five years	897	37
In more than five years, other than by instalments	2,195	1,330
	4,884	1,824

The notional amount of borrowings outstanding as at 31 March 2007 was £4,872m (2006: £1,835m).