27. Long term financial debt
27. Long term financial debt
| In CHF'000 |
Note |
31.12.2009 |
31.12.2008 |
| Bank loans |
|
54 759 |
36 537 |
| CHF 350 million 1.625% unsubordinated convertible bond 2005/2012 |
28 |
333 346 |
327 643 |
| |
|
|
|
| |
|
388 105 |
364 180 |
The effective interest rate on long term bank loans was 3.1% (2008: 4.8%).
