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New Zealand Gazette – 1992 – No. 97

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✨ Financial Statements Notes

2214 NEW ZEALAND GAZETTE No. 97

TELECOM AUCKLAND LIMITED

NOTES TO THE FINANCIAL STATEMENTS

(CONTINUED)

9 LONG TERM DEBT

	1992	1991
	$000's	$000's
Parent company loan	286,091	284,491
Other loans
- Due to fellow group company	73,532	-
- Other	155	-
	73,687	-
- Less long term debt maturing within one year	(6,075)	-
	67,612	-
	353,703	284,491

Interest rates on the parent company loan ranged from 12.93% to 13.62% for twelve months ended 31 March 1992. The parent company loan has no fixed date for repayment.

SCHEDULE OF MATURITIES - Other loans

| Due 1 to 2 years | 7,377 | - |
| Due 2 to 3 years | 60,157 | - |
| Due 3 to 4 years | 38 | - |
| Due 4 to 5 years | 40 | - |
| Total due after one year | 67,612 | - |

Other loans are for the finance lease obligations of office equipment, with interest and principal paid monthly at 18.5% p.a., and telecommunication equipment, with interest and principal paid quarterly at 12.9% p.a.

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VUW Te Waharoa — NZ Gazette 1992, No 97

NZLII — NZ Gazette 1992, No 97

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✨ LLM interpretation of page content

🏭 Telecom Auckland Limited Financial Statements (continued from previous page)

Domain🏭 Trade, Customs & Industry
Dated27 May 1992
KeywordsTelecommunications, Financial Statements, Long Term Debt, Parent Company Loan, Interest Rates, Lease Obligations

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