Notes to the Financial Statements 30 June 2014 Total secured liabilities Assets pledged as security Financing arrangements For personal use only Mineral Resources Limited Annual Report 2014  79 Notes to the  Financial  Statements The total secured liabilities (current and non-current) are as follows:  Consolidated 30 June 2014 $’000 30 June 2013 $’000 Bank loans 109,000  268,968  Lease liability 16,708  99,150  125,708  368,118  The bank overdraft and loans are secured by: •  General Security Agreements over the whole of the assets and undertakings of Mineral Resources Ltd,  Crushing Services International Pty Ltd, Process Minerals International Pty Ltd, Polaris Metals Pty Ltd, PIHA  Pty Ltd, Auvex Resources Pty Ltd and Mineral Resources (Equipment) Pty Ltd; •  Negative pledges with respect to financial covenants; and •  Interlocking guarantees. The lease liabilities are effectively secured as the rights to the leased assets, recognised in the statement of  financial position, revert to the lessor in the event of default. Unrestricted access was available at the reporting date to the following lines of credit:  Consolidated 30 June 2014 $’000 30 June 2013 $’000 Total facilities Bank overdraft 3,600  3,600  Bank loans 289,000  339,000  Lease liability 240,000  100,000  532,600  442,600  Used at the reporting date Bank overdraft -  -  Bank loans 109,000  268,968  Lease liability 15,730  99,150  124,730  368,118  Unused at the reporting date Bank overdraft 3,600  3,600  Bank loans 180,000  70,032  Lease liability 224,270  850  407,870  74,482 