New Zealand Gazette – 2003 – No. 110

Page 2907

✨ Financial Statements



7. Non-current liabilities

| | 2003
$'000 | 2002
$'000 |
|----------------|----------------|---------------|
| Borrowings |
| Bank borrowings| 12,000 | 9,000 |
| Non current liabilities | $12,000 | $9,000 |

Repayable as follows:

| | 2003
$'000 | 2002
$'000 |
|---------------------|---------------|---------------|
| Within one year | - | - |
| Within two years | 10,500 | - |
| Beyond two years | 1,500 | 9,000 |
| | $12,000 | $9,000 |

All bank borrowings are secured by a General Securities Agreement over Electra’s assets.

Interest rates payable on bank facilities range from 6.75-7.86%.

8. Accounts payable and accruals

| | 2003
$'000 | 2002
$'000 |
|---------------------------|---------------|---------------|
| Creditors |
| Trade | 453 | 1,233 |
| Other | 4,901 | 4,751 |
| Accruals | 286 | 210 |
| Accrued employee entitlements | 159 | 112 |
| | $5,799 | $6,306 |



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2003, No 110


Gazette.govt.nz — PDF NZ Gazette 2003, No 110




✨ LLM interpretation of page content

💰 Electra Limited Financial Statement (continued from previous page)

💰 Finance & Revenue
25 July 2003
Share capital, Reserves, Asset revaluation, Electra Limited