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Bank overdrafts and short-term borrowings (Tables)
12 Months Ended
Dec. 31, 2019
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Schedule of Bank Overdrafts and Short-term Borrowings
Bank overdrafts and short-term borrowings as at December 31, 2019 and 2018 are analysed as follows:
 
 
  
31/12/19
 
  
31/12/18
 
 
  
 
 
 
  
 
 
 
Bank overdrafts
  
 
1,974
 
  
 
1,762
 
Borrowings secured over trade receivables
  
 
21,029
 
  
 
29,992
 
Borrowings unsecured
  
 
1,167
 
  
 
3,394
 
 
  
 
 
 
  
 
 
 
Total
  
 
24,170
 
  
 
35,148
 
 
  
 
 
 
  
 
 
Summary of Weighted Average Interest Rates on Bank Overdrafts and Short-Term Borrowings
The weighted average interest rates on the bank overdrafts and short-term borrowings for the years ended December 31, 2019 and 2018 are as follows:
 
 
  
2019
 
  
2018
 
Bank overdrafts
  
 
4.13%
 
  
 
4.35%
 
Borrowings
  
 
2.55%
 
  
 
2.69%