✨ Financial Statements
NEW ZEALAND GAZETTE, No. 159
29 NOVEMBER 2010
TRANSPOWER NEW ZEALAND LIMITED LINES BUSINESS
The amounts in the tables below are at amortised cost.
2010
| Effective interest rate | Within one year $000 | One to two years $000 | Two to five years $000 | Greater than five years $000 | Total $000 | |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Cash | 0.10% | 20,389 | 0 | 0 | 0 | 20,389 |
| Liabilities | | | | | | |
| Debt | 4.15% | (129,000) | (251,963) | (343,908) | (687,588) | (1,412,459) |
| Derivatives | | | | | | |
| Interest rate swaps | | 2,947,250 | (14,500) | (713,750) | (2,219,000) | 0 |
| Basis swaps | | 0 | 0 | 0 | 0 | 0 |
| Interest rate options | | 0 | 0 | 0 | 0 | 0 |
| | | 2,947,250 | (14,500) | (713,750) | (2,219,000) | |
| Repricing Profile | | 2,838,639 | (266,463) | (1,057,658) | (2,906,588) | (1,392,070) |
The interest rate on debt as amended by interest rate swaps is 7.41%.
2009
| Effective interest rate | Within one year $000 | One to two years $000 | Two to five years $000 | Greater than five years $000 | Total $000 | |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Cash | 0.31% | 36,402 | - | - | - | 36,402 |
| Liabilities | | | | | | |
| Debt | 3.56% | (166,163) | (100,000) | (251,963) | (708,382) | (1,226,508) |
| Derivatives | | | | | | |
| Interest rate swaps | | 2,662,576 | 18,000 | (209,500) | (2,471,076) | - |
| Basis swaps | | - | - | - | 25,000 | 25,000 |
| Interest rate options | | - | - | - | 100,000 | 100,000 |
| | | 2,662,576 | 18,000 | (209,500) | (2,346,076) | 125,000 |
| Repricing Profile | | 2,532,815 | (82,000) | (461,463) | (3,054,458) | (1,065,106) |
The interest rate on debt as amended by interest rate swaps is 7.12%.
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NZ Gazette 2010, No 159
✨ LLM interpretation of page content
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Transpower New Zealand Limited Financial Statements
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🏭 Trade, Customs & IndustryFinancial Risks, Interest Rate Swaps, Basis Swaps, Interest Rate Options, Foreign Exchange Forward Contracts, Notional Gross Contract Amounts, Maturity Banding, Currency Risk, Hedging, Financial Instruments