aracruz2000

At december 31 2000 the company had outstanding debt

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Unformatted text preview: 5% and foreign currency loans are linked to a basket of foreign currencies. The loans are secured by liens on the Company's property, plant and equipment and on its timber resources. At December 31, 2000, the Company had in treasury and available for resale all of its debentures (approximately U.S.$ 140 million at December 31, 2000 values) issued in 1982 and 1990, which were repurchased in the market in 1992. 27 Aracruz Celulose S.A. Notes to Consolidated Financial Statements Expressed in thousands of United States dollars (unless otherwise stated) The long-term portion of the Company's debt at December 31, 2000 becomes due in the following years: 2002 2003 2004 2005 2006 and thereafter Total 13 196,045 46,363 17,935 7,274 11,256 278,873 Stockholders' equity The Company's principal common stockholders and their common stock ownership interests, either direct or indirect, are as follows: Arapar S.A. (a Company associated with the Chairman of the Board of the Company), S.O.D.E.P.A. - Sociedade de Empreendimentos, Publicidade e Participação S.A. (SODEPA) (an affiliate of Banco Safra S.A.), and Mondi International for 28% each; Banco Nacional de Desenvolvimento Econômico e Social - BNDES for 12.5%. At December 31, 1...
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