New Zealand Gazette – 2012 – No. 143

Page 4207

✨ Financial Statements

30 NOVEMBER 2012

NEW ZEALAND GAZETTE, No. 143

4207

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: 7.69%
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.

8. Finance Lease Liabilities

	2012	2011
	$	$
Not later than one year	-	-
Later than one year and
not later than five years	-	-
Later than five years	-	-
Future finance charges
Recognised as a liability	-	-
Representing lease liabilities
Current	-	-
Non-current	-

9. Imputation Credit Account

No imputation credits available.

10. Financial Instruments

The accounting policies for financial instruments have been applied to the line items below:

Financial assets	2012	2011
	$	$
Loans and receivables
Cash and cash equivalents	9,006	10,483
Debtors and other receivables	685,469	567,140
Other financial assets:
- term deposits	-	-
- loans to related parties

Gazette.govt.nz — NZ Gazette 2012, No 143

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✨ LLM interpretation of page content

🏭 GasNet Limited Financial Statements (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial statements, Loans, Advances, Security, Interest rate, Amortised cost, Effective interest method

🏭 Finance Lease Liabilities

Domain🏭 Trade, Customs & Industry
KeywordsLease liabilities, Future finance charges, Current liabilities, Non-current liabilities

🏭 Imputation Credit Account

Domain🏭 Trade, Customs & Industry
KeywordsImputation credits, Taxation

🏭 Financial Instruments

Domain🏭 Trade, Customs & Industry
KeywordsFinancial assets, Cash equivalents, Debtors, Receivables, Term deposits, Loans to related parties

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