✨ 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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✨ LLM interpretation of page content

πŸ—οΈ Notes to the Financial Statements for Trans Power New Zealand Limited (continued from previous page)

πŸ—οΈ Infrastructure & Public Works
Financial Statements, Debt Liabilities, Interest Rates, ECNZ, Crown