β¨ Financial Statements
23 NOVEMBER 2012 NEW ZEALAND GAZETTE, No. 140 4087
TRANSPOWER NEW ZEALAND LIMITED LINES BUSINESS
5. Net finance expenses
| LINES BUSINESS | ||
|---|---|---|
| 2012 | 2011 | |
| $M | $M |
Finance revenue
Interest received | 3.1 | 0.3
Finance expenses
Interest paid and associated fees | 155.4 | 117.8
Capitalised interest | (72.4) | (37.7)
Imputed interest | 2.4 | 2.4
Total finance expenses | 85.4 | 82.5
Total net finance expenses | 85.4 | 82.5
Interest paid and associated fees
All interest paid is on debt designated as fair value through profit or loss.
Imputed interest
Imputed interest is on customer investment contracts and transmission realignment and certain other prepaid transactions. Refer to Note 3 Deferred income for more information.
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β¨ LLM interpretation of page content
π
Transpower New Zealand Limited Financial Statements
(continued from previous page)
π Trade, Customs & IndustryNet finance expenses, Interest received, Interest paid, Capitalised interest, Imputed interest, Financial statements
NZ Gazette 2012, No 140