β¨ Financial Statements
31 AUGUST NEW ZEALAND GAZETTE 2879
Other Line Business Related Parties:
The Lines Business has a borrowing facility with Dunedin City Treasury Ltd. During the year it paid $7.605 million interest (2000 : $7.989 million) and as at 31 March 2001 $110.8 million of loan monies were outstanding (2000 : $112 million).
During the year the Lines Business also undertook the following transactions with Dunedin City Holdings Ltd:
Purchase of subvention expense $2.06 million (2000 : $2.0 million)
Dividends provided $6.00 million (2000 : $2.0 million)
As at 31 March 2001, $1.6 million was outstanding (2000 : $1.45 million).
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2001, No 111
Gazette.govt.nz —
NZ Gazette 2001, No 111
β¨ LLM interpretation of page content
π°
Notes to the Financial Statements
(continued from previous page)
π° Finance & RevenueBorrowing Facility, Interest Payments, Loan Monies, Subvention Expense, Dividends