Euronav NV | CIK:0001604481 | 3

  • Filed: 4/17/2018
  • Entity registrant name: Euronav NV (CIK: 0001604481)
  • Generator: Workiva (WebFilings)
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1604481/000160448118000007/0001604481-18-000007-index.htm
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  • ifrs-full:MaturityAnalysisForNonderivativeFinancialLiabilities

    (in thousands of USD)
     
    Bank loans
     
    Convertible and other Notes
     
    Total
    More than 5 years
     
    147,174

     

     
    147,174

    Between 1 and 5 years
     
    805,252

     

     
    805,252

    More than 1 year
     
    952,426

     

     
    952,426

    Less than 1 year
     
    100,022

     

     
    100,022

    At January 1, 2016
     
    1,052,448

     

     
    1,052,448

     
     
     
     
     
     
     
    New loans
     
    740,286

     

     
    740,286

    Scheduled repayments
     
    (60,015
    )
     

     
    (60,015
    )
    Early repayments
     
    (714,000
    )
     

     
    (714,000
    )
    Acquisitions through business combinations (Note 24)
     
    61,065

     

     
    61,065

    Other changes
     
    5,778

     

     
    5,778

    Balance at December 31, 2016
     
    1,085,562

     

     
    1,085,562

     
     
     
     
     
     
     
    More than 5 years
     
    330,491

     

     
    330,491

    Between 1 and 5 years
     
    635,952

     

     
    635,952

    More than 1 year
     
    966,443

     

     
    966,443

    Less than 1 year
     
    119,119

     

     
    119,119

    Balance at December 31, 2016
     
    1,085,562

     

     
    1,085,562

     
     
     
     
     
     
     
     
     
    Bank loans
     
    Convertible and other Notes
     
    Total
    More than 5 years
     
    330,491

     

     
    330,491

    Between 1 and 5 years
     
    635,952

     

     
    635,952

    More than 1 year
     
    966,443

     

     
    966,443

    Less than 1 year
     
    119,119

     

     
    119,119

    At January 1, 2017
     
    1,085,562

     

     
    1,085,562

     
     
     
     
     
     
     
    New loans
     
    326,014

     
    150,000

     
    476,014

    Scheduled repayments
     
    (43,743
    )
     

     
    (43,743
    )
    Early repayments
     
    (667,250
    )
     

     
    (667,250
    )
    Other changes
     
    508

     
    (2,381
    )
     
    (1,873
    )
    Balance at December 31, 2017
     
    701,091

     
    147,619

     
    848,710

     
     
     
     
     
     
     
    More than 5 years
     
    157,180

     

     
    157,180

    Between 1 and 5 years
     
    496,550

     
    147,619

     
    644,169

    More than 1 year
     
    653,730

     
    147,619

     
    801,349

    Less than 1 year
     
    47,361

     

     
    47,361

    Balance at December 31, 2017
     
    701,091

     
    147,619

     
    848,710

    The following are the remaining contractual maturities of financial liabilities:
     
     
    Contractual cash flows December 31, 2016
    (in thousands of USD)
     
    Carrying Amount
     
    Total
     
    Less than 1 year
     
    Between 1 and 5 years
     
    More than 5 years
    Non derivative financial liabilities
     
     
     
     
     
     
     
     
     
     
    Bank loans (Note 15)
     
    1,085,562

     
    1,218,702

     
    150,630

     
    718,950

     
    349,122

    Current trade and other payables * (Note 17)
     
    56,113

     
    56,113

     
    56,113

     

     

    Non-current other payables (Note 17)
     

     

     

     

     

     
     
    1,141,675

     
    1,274,815

     
    206,743

     
    718,950

     
    349,122

     
     
     
     
     
     
     
     
     
     
     
    Derivative financial liabilities
     
     
     
     
     
     
     
     
     
     
    Interest rate swaps (Note 17)
     

     

     

     

     

    Forward exchange contracts (Note 17)
     

     

     

     

     

     
     

     

     

     

     

     
     
     
     
     
     
     
     
     
     
     
     
     
    Contractual cash flows December 31, 2017
     
     
    Carrying Amount
     
    Total
     
    Less than 1 year
     
    Between 1 and 5 years
     
    More than 5 years
    Non derivative financial liabilities
     
     

     
     

     
     

     
     

     
     

    Bank loans (Note 15)
     
    848,710

     
    1,009,508

     
    83,039

     
    750,722

     
    175,747

    Other borrowings (Note 15)
     
    50,010

     
    50,010

     
    50,010

     

     

    Current trade and other payables * (Note 17)
     
    51,335

     
    51,335

     
    51,335

     

     

    Non-current other payables (Note 17)
     

     

     

     

     

     
     
    950,055

     
    1,110,853

     
    184,384

     
    750,722

     
    175,747

     
     
     
     
     
     
     
     
     
     
     
    Derivative financial liabilities
     
     
     
     
     
     
     
     
     
     
    Interest rate swaps (Note 17)
     

     

     

     

     

    Forward exchange contracts (Note 17)
     

     

     

     

     

     
     

     

     

     

     

    * Deferred income (see Note 17), which are not financial liabilities, are not included.