β¨ Financial Statements
4100 NEW ZEALAND GAZETTE, No. 140 23 NOVEMBER 2012
TRANSPOWER NEW ZEALAND LIMITED LINES BUSINESS
16. Non current finance lease liability
| LINES BUSINESS | 2012 | 2011 |
|---|---|---|
| $M | $M | |
| One to five years | 0.4 | 0.5 |
| Greater than five years | 0.3 | 0.5 |
| 0.7 | 1.0 |
Reconciliation to lease payments:
| | | |
| Total future minimum lease payments | 1.8 | 2.3 |
| Interest expense | (1.0)| (1.1)|
| Total lease liability recognised | 0.8 | 1.2 |
This is represented by:
| | | |
| Current lease liability | 0.1 | 0.2 |
| Non current lease liability | 0.7 | 1.0 |
| | 0.8 | 1.2 |
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β¨ LLM interpretation of page content
π
Transpower New Zealand Limited Financial Statements
(continued from previous page)
π Trade, Customs & IndustryFinancial statements, Lease liability, Finance lease, Interest expense
NZ Gazette 2012, No 140