MOLX » Topics » 14. Debt and Obligations Under Capital Leases

This excerpt taken from the MOLX 10-K filed Aug 3, 2006.

14.  Debt and Obligations Under Capital Leases


We had available lines of credit totaling $123.0 million at June 30, 2006, expiring between 2007 and 2012.  Borrowings on lines of credit and letters of credit drawn approximated $14.5 million at June 30, 2006.  


Long-term debt approximating $8.1 million generally consists of mortgages and industrial development bonds with interest rates ranging from 2.1% to 7.8% and maturing through 2012. Certain assets, including land, buildings and equipment, secure our long-term debt.


We rent data processing equipment under lease arrangements classified as capital leases.  Future minimum lease payments approximate $4.3 million, with a present value of $4.1 million.


55




Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki