TSE:FTS 6. Long-Term Debt 2001 (in thousands) 2000 Fortis Inc. 2,000,000 5.95% First Preference Shares, Series B $ 50,000 $ 50,000 7.40% Senior Unsecured Debentures, due 2010 100,000 100,000 150,000 150,000 Newfoundland Power  First mortgage sinking fund bonds: 11.500% Series AB due 2005 - 13,500 11.875% Series AC due 2007 33,870 34,270 10.550% Series AD due 2014 33,753 34,153 10.900% Series AE due 2016 36,000 36,400 10.125% Series AF due 2022 36,400 36,800 9.000% Series AG due 2020 37,200 37,600 8.900% Series AH due 2026 38,035 38,435 6.800% Series AI due 2028 48,500 49,000 263,758 280,158 Maritime Electric First mortgage bonds: 12.000% due 2010 15,000 15,000 11.500% due 2016 12,000 12,000 8.550% due 2018 15,000 15,000 7.570% due 2025 15,000 15,000 8.625% due 2027 15,000 15,000 8.920% due 2031 20,000 20,000 92,000 92,000 Fortis Properties 8.030% Term loan due 2002 19,282 20,000 6.823% First mortgage due 2003 24,275 25,615 8.150% First mortgage due 2010 19,625 20,258 7.500% First mortgage bonds due 2017 46,770 47,669 7.320% Senior secured notes due 2019 21,483 22,050 Obligations under capital leases 9,536 5,572 5.000% Note payable, repaid during the year - 300 140,971 141,464 Canadian Niagara Power Term loan due 2005 14,000 16,000 BECOL Term loan due 2011 71,676 - Belize Electricity  Caterpillar Financial Services Corporation due 2004 1,482 1,197 Term loan due 2006 3,076 1,756 12.000% Fixed rate debentures due 2012 13,607 12,818 9.500% Fixed rate debentures due 2021 15,553 - Caribbean Development Bank (GLYPH<210>CDBGLYPH<211>) 20,719 21,021 European Investment Bank (GLYPH<210>EIBGLYPH<211>) 4,599 4,950 International Bank for Reconstruction and Development (GLYPH<210>IBRDGLYPH<211>) 16,914 17,798 All-First Bank (GLYPH<210>AFBGLYPH<211>) 7,789 - Other loans 592 1,068 84,331 60,608 816,736 740,230 Less: Current installments 20,644 11,881 $ 796,092 $ 728,349 48 FORTIS Inc. 2OO1 Annual Report