13. TERM LOANS		1997 US$m	1996 US$m
Unsecured bank loans		448.8	602.4
Less current portion (note 12)		(26.3)	-
		422.5	602.4
Due dates of repayment
Within one year		26.3	-
Between one and two years		205.4	30.4
Between two and five years		217.1	572.0
		448.8	602.4

Fixed rate loans
	Weighted average interest rates	Weighted average period		Floating rate loans	Total
Currency	%	Years	US$m	US$m	US$m
1997
Australian Dollar	8.4	1.2	147.0	-	147.0
Hong Kong Dollar	7.4	2.7	77.4	12.9	90.3
New Taiwanese Dollar	-	-	-	15.4	15.4
New Zealand Dollar	8.3	1.5	58.2	58.6	116.8
Spanish Peseta	-	-	-	26.3	26.3
United States Dollar	-	-	-	53.0	53.0
			282.6	166.2	448.8
1996
Australian Dollar	8.7	1.4	175.2	67.7	242.9
Hong Kong Dollar	7.4	3.7	77.6	38.7	116.3
New Taiwanese Dollar	-	-	-	18.2	18.2
New Zealand Dollar	8.1	1.0	70.8	70.8	141.6
Spanish Peseta	-	-	-	30.4	30.4
United States Dollar	-	-	-	53.0	53.0
			323.6	278.8	602.4
The weighted average interest rates and period of fixed rate loans are stated after taking account of hedging transactions. Net exchange rate movements reduced term loans by US$69.2 million mainly due to the depreciation of Australian Dollar (US$36.8 million), New Zealand Dollar (US$25.3 million), and Spanish Peseta (US$4.1 million).