1. (a) SANRAL has one outstanding loan agreement in two tranches, outstanding amount R997 431 786.61 as at 30 June 2020. This is an amortising loan.
(b) Tranche 1 due date: 15 June 2034, Tranche 2 due date 15 March 2034
(c) The loan was concluded with the European Investment Bank (EIB)
(d) (i) Tranche 1 loan amount: R572 784 000.00, (ii) rate: 8.315%, drawdown date: 13 December 2010.
(i) Tranche 2 loan amount: R573 918 000.00, (ii) rate: 9.277%, drawdown date: 28 March 2011.
2. (a) SANRAL operates and finances a Portfolio of Toll Roads and does not fund these roads on a project basis. The Gauteng Freeway Improvement Project (GFIP) is part of this portfolio.
(b) The unaudited total borrowing as at 31 March 2020 is R47 755.2 million (2019: R47 451.7 million). For further details, Note 15 and 16 of the Annual Financial Statements as included in the Integrated Report provide a detail list of all bonds and loans, with interest rates and dates of maturity.