Page 15 - AMANGO 2017 CASE STUDY 2

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Note:
Since March 2017, AMANGO has, whilst paying down debt, also restructured its debt book. The book value of its interest-bearing
debt (medium and long-term borrowings) was equal to its market value back then. Today, of the US$ 11,363m medium and long-
term debt, US$6,363m is made of over-the-counter (OTC) all medium-term bank loans; and US$5000m is all made up US-
denominated 11 year 100 nominal bonds with a coupon rate of 10% and redeemable at 75% premium -on account of its credit
downgrade status (all issued a year ago).

2.3 CONSOLIDATED CASH FLOW STATEMENT
for the year ended 31 December 2017

2017 2016
The CFO Case Study Competition Pack (Extended scenario)
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