β¨ Financial Statements Notes
TOP ENERGY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
NOTES TO THE SPECIAL PURPOSE FINANCIAL STATEMENTS
FOR THE 12 MONTHS ENDED 31 MARCH 2005
| | LINE BUSINESS |
| --- | ---: | ---: |
| | | $ |
| | | 2005 | 2004 |
| 8 TERM LIABILITIES | | |
| | Interest | | |
| | Rate % | Repayable | Fair Value |
| BNZ Loans * | | | |
| Borrowing 31.03.05 | 7.17 | 05.04.05 | 45,206 | 45,205 |
| Borrowing 21.03.05 | 7.15 | 20.04.05 | 1,627,540 | 1,627,397 |
| Borrowing 29.03.05 | 7.10 | 20.04.05 | 544,576 | 542,466 |
| Borrowing 18.12.03 | 6.85 | 09.08.10 | 2,194,574 | 2,260,274 |
| Borrowing 18.12.03 | 7.00 | 21.03.11 | 1,312,208 | 1,356,164 |
| Borrowing 18.12.03 | 6.76 | 04.05.12 | 1,727,243 | 1,808,219 |
| Borrowing 18.12.03 | 6.81* | 07.08.12 | 2,163,563 | 2,260,274 |
| BNZ loans | | | 9,600,000 | 8,400,000 |
| Less current portion | | | 2,215,068 | 1,400,000 |
| Term liabilities | | | 7,684,932 | 7,000,000 |
Repayable as follows:
- Due after 1 but before 2 years
- Due after 2 but before 5 years
- Due after 5 but before 10 years | | | 7,684,932 | 7,000,000 |
- Effective interest rate under interest rate swap agreements
** Under a Facility Agreement dated 17 December 2003.
BNZ loans are secured by deed of guarantee from group companies.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2005, No 129
Gazette.govt.nz —
NZ Gazette 2005, No 129
β¨ LLM interpretation of page content
π
Notes to the Special Purpose Financial Statements for Top Energy Limited
(continued from previous page)
π Trade, Customs & IndustryFinancial statements, Term liabilities, BNZ loans, Interest rates, Repayable dates