β¨ Financial Statements Notes
2232
NEW ZEALAND GAZETTE
No. 97
TELECOM CENTRAL LIMITED AND SUBSIDIARY
NOTES TO THE FINANCIAL STATEMENTS
(CONTINUED)
9 LONG TERM DEBT
| 1992 | 1991 | |
|---|---|---|
| $000's | $000's | |
| Parent company loan | 255,223 | 254,042 |
| Other loans | ||
| - Due to fellow group company | 48,668 | - |
| - Other | 924 | 1,457 |
| 49,592 | 1,457 | |
| - Less long term debt maturing within one year | (4,805) | (727) |
| 44,787 | 730 | |
| 300,010 | 254,772 |
Interest rates on the parent company loan ranged from 12.93% to 13.62% for the 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 | 5,035 | 438 |
|---|---|---|
| Due 2 to 3 years | 39,752 | 292 |
| Total due after one year | 44,787 | 730 |
Other loans are for the finance lease obligations of office equipment, with interest and principal paid monthly at 16% p.a., and telecommunications 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
β¨ LLM interpretation of page content
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Telecom Central Limited Financial Notes
(continued from previous page)
π Trade, Customs & IndustryFinancial Statements, Long Term Debt, Parent Company Loan, Interest Rates, Lease Obligations