β¨ Financial Statements
NEW ZEALAND GAZETTE
No. 139
TRANS POWER NEW ZEALAND LIMITED GROUP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 1995
14. DEBT
For the period ended 30 June 1994 the Group's debt liabilities were all with ECNZ.
| 30 June 1995 | 30 June 1994 | |
|---|---|---|
| $000 | $000 | |
| Short term debt | 4,455 | 1,586,967 |
| Current portion of term debt | 1,124,570 | 151,966 |
| Between one-two years | 200,000 | 0 |
| Greater than five years | 268,856 | 0 |
| Total Debt | 1,597,881 | 1,738,933 |
Related Parties' Transactions
Short term debt
- ECNZ | 0 | 1,586,967 |
Current portion of long term debt
- ECNZ | 0 | 151,966 |
- Crown | 900,000 | 0 |
Between one to two years
- Crown | 200,000 | 0 |
| 1,100,000| 1,738,933|
Average Interest Rates at Balance Date
| 30 June 1995 | 30 June 1994 | |
|---|---|---|
| Short term debt | 9.05% | 7.45% |
| Current portion of long term debt | 7.63% | 10.48% |
| Between one-two years | 7.31% | n/a |
| Greater than five years | 8.10% | n/a |
No securities have been given with respect to the Group's indebtedness.
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VUW Te Waharoa —
NZ Gazette 1995, No 139
NZLII —
NZ Gazette 1995, No 139
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Notes to the Financial Statements for Trans Power New Zealand Limited
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ποΈ Infrastructure & Public WorksFinancial Statements, Debt Liabilities, Interest Rates, ECNZ, Crown