✨ 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 PDF NZ Gazette 2005, No 129


Gazette.govt.nz PDF NZ Gazette 2005, No 129





✨ LLM interpretation of page content

🏭 Notes to the Special Purpose Financial Statements for Top Energy Limited (continued from previous page)

🏭 Trade, Customs & Industry
Financial statements, Term liabilities, BNZ loans, Interest rates, Repayable dates