SWIRE PROPERTIES ANNUAL REPORT 2023 Currency Profile Audited Financial Information An analysis of the carrying amounts of gross borrowings by currency (after cross-currency swaps) is shown below: 2023 2022 HK$M HK$M Currency Hong Kong dollars 25,243 61% 19,740 86% United States dollars 3,499 9% 3,095 14% Renminbi 12,427 30% – – Total 41,169 100% 22,835 100% Finance Charges Audited Financial Information An analysis of outstanding borrowings by reference to whether they bear interest at fixed or floating rates is shown below: 2023 2022 HK$M HK$M Fixed 27,955 68% 15,061 66% Floating 13,386 32% 7,919 34% Sub-total 41,341 100% 22,980 100% Less: Unamortised loan fee 172 145 Total 41,169 22,835 The exposure of the Group’s borrowings to fixed and floating interest rates can be illustrated as follows: Fixed Interest Rates Maturing in: Floating Interest 1 Year 1 to 5 Over 5 Rates or Less Years Years Total HK$M HK$M HK$M HK$M HK$M At 31st December 2023 13,277 3,301 23,122 1,469 41,169 At 31st December 2022 7,811 200 9,759 5,065 22,835 85