✨ Financial Statements
656 NEW ZEALAND GAZETTE, No. 30 19 FEBRUARY 2008
7. Debt funding
| 2007 $000 | 2006 $000 | |
|---|---|---|
| Borrowings | ||
| Bank borrowings | 10,400 | 12,000 |
| Other borrowings | 48 | - |
| Non current liabilities | $10,448 | $12,000 |
Repayable as follows:
| 2007 $000 | 2006 $000 | |
|---|---|---|
| Within one year | 448 | 7,500 |
| Within two years | 2,000 | 500 |
| Beyond two years | 8,000 | 4,000 |
| $10,448 | $12,000 |
All bank borrowings are secured by a General Securities Agreement over Electra's assets.
Interest rates payable on bank facilities range from 7.00%-7.34%
8. Accounts payable and accruals
| 2007 $000 | 2006 $000 | |
|---|---|---|
| Creditors | ||
| Trade | 1,693 | 830 |
| Other | 3,869 | 2,709 |
| Accruals | 1,529 | 1,512 |
| Accrued employee entitlements | 230 | 194 |
| $7,321 | $5,245 |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2008, No 30
Gazette.govt.nz —
NZ Gazette 2008, No 30
✨ LLM interpretation of page content
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Electra Limited - Debt Funding and Accounts Payable
(continued from previous page)
💰 Finance & RevenueDebt funding, Bank borrowings, Non-current liabilities, Accounts payable, Creditors, Accruals