✨ Financial Statements
5 DECEMBER 2011 NEW ZEALAND GAZETTE, No. 187 5431
Wanganui Gas Limited
Term : The loans / advances mature upon demand being made in writing by the parent, Wanganui Gas Limited.
As the loans/advances mature on demand they have been disclosed as current.
Security: Unsecured.
Interest rate over year: 10.7%
The loans / advances are initially recognised at their fair value net of transaction costs incurred. After initial recognition, all borrowings are measured at amortised cost using the effective interest method.
- Finance Lease Liabilities
| 2011 Distribution $ | 2010 $ | |
|---|---|---|
| Not later than one year | - | - |
| Later than one year and not later than two years | - | - |
| Later than two years and not later than five years | - | - |
| Later than five years | - | - |
| Future finance charges | - | - |
| Recognised as a liability | $ | $ |
| Representing lease liabilities | ||
| Current | $ | $ |
| Non-current | $ | $ |
- Imputation Credit Account
No imputation credits available
- Financial Instruments
The accounting policies for financial instruments have been applied to the line items below:
| Financial assets | 2011 $ | 2010 Distribution $ |
|---|---|---|
| Loans and receivables | ||
| Cash and cash equivalents | 10,483 | 1,080 |
| Debtors and other receivables | 567,140 | 602,928 |
| Other financial assets: | ||
| - term deposits | - | - |
| - loans to related parties | - | - |
Next Page →
NZ Gazette 2011, No 187
✨ LLM interpretation of page content
💰
Notes to the Financial Statements for Wanganui Gas Limited
(continued from previous page)
💰 Finance & RevenueLoans, Advances, Fair Value, Transaction Costs, Amortised Cost, Effective Interest Method, Finance Lease Liabilities, Imputation Credit Account, Financial Instruments, Loans and Receivables, Cash and Cash Equivalents, Debtors, Term Deposits