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Home Financial statements Notes and Rio Tinto plc info Note 7 - Interest receivable and payable

2007 Financial statements

Note 7 - Interest receivable and payable

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Note
2007
US$m
2006
US$m
Interest receivable and similar income from:      
- Equity accounted units   28 27
- Other investments (a)   101 69
    129 96
Other interest receivable   5 10
Total interest receivable and similar income   134 106
Interest payable and similar charges (b)   (660) (220)
Amounts capitalised 13 122 60
Total Interest payable and similar charges   (538) (160)

 
Notes Expand
  1. Interest income from other investments comprises US$80 million (2006: US$58 million) of interest income from bank deposits and US$21 million (2006: US$11 million) from other financial assets.
  2. Interest payable and similar charges comprises US$685 million (2006: US$175 million) of interest on bank loans and other borrowings and US$25 million gain (2006: US$45 million loss) from interest rate swaps.

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