| 20 Borrowings – amounts falling due after one year | | | | | Group | | | | Company | | | | | | 2000
£m | | 1999
£m | | 2000
£m | | 1999
£m |  | | Unsecured | | | | | | | | | | Bank loans | | 23 | | 734 | | — | | 696 | | 7 % Notes 2003 1 | | 199 | | 199 | | — | | — | | 4% Notes 2005 2 | | 177 | | 177 | | 177 | | 177 | | 6 % Notes 2007 2 | | 310 | | — | | 310 | | — | | 7  % Notes 2016 | | 200 | | — | | 200 | | — | | Other loans 2001-2009 (interest rates nil) | | 4 | | 5 | | — | | — | | Secured | | | | | | | | | | Bank loans | | 13 | | — | | — | | — | | Obligations under finance leases payable: 3 | | | | | | | | | | Between one and two years | | 23 | | 8 | | 16 | | 1 | | Between two and five years | | 33 | | 45 | | 3 | | 17 | | After five years | | 37 | | 44 | | 1 | | 3 | | Zero-coupon bonds 2005/2007 (including 9.0% interest accretion) 4 | | 39 | | 33 | | — | | — | | Bank loans 2001 (interest rates 5.8% to 6.8%) 4 | | — | | 26 | | — | | — | | | | | 1,058 | | 1,271 | | 707 | | 894 | | | Repayable | | | | | | | | | | Between one and two years
 – by instalments | | 26 | | 26 | | 16 | | 1 | | – otherwise | | — | | 408 | | — | | 398 | | Between two and five years
– by instalments | | 37 | | 48 | | 3 | | 17 | | – otherwise | | 378 | | 497 | | 177 | | 298 | | After five year
– by instalments | | 68 | | 82 | | 1 | | 3 | | – otherwise | | 549 | | 210 | | 510 | | 177 | | | | | 1,058 | | 1,271 | | 707 | | 894 | | 1The Group has borrowed US $300m through a subsidiary, Rolls-Royce CapitaZl Inc., in order to provide a loan for general Group purposes. This has been translated into sterling after taking account of future contracts. The loan is guaranteed by the Company. These notes are the subject of interest swap agreements under which counterparties have undertaken to pay amounts at fixed rates of interest in consideration for amounts payable by the Group at variable rates of interest. 2 The Company has borrowed c756m in order to provide a loan for general Group purposes. These notes are the subject of currency swap agreements under which counterparties have undertaken to pay amounts at fixed rates of interest and exchange in consideration for amounts payable by the Company at variable rates of interest and at fixed exchange rates. 3Obligations under finance leases are secured by related leased assets. 4Secured on aircraft financed by joint arrangements. Repayment of the zero-coupon bonds is also guaranteed by the Company. | 
