β¨ Financial Statements
4544
NEW ZEALAND GAZETTE, No. 152
21 DECEMBER 2012
VECTOR LIMITED & SUBSIDIARIES
GAS TRANSMISSION ACTIVITIES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2012
9. PAYABLES AND ACCRUALS
| 2012 | 2011 | |
|---|---|---|
| $000 | $000 | |
| Current | ||
| Trade payables and other creditors | 7,018 | 12,598 |
| Finance leases | 460 | 364 |
| Interest payable | 3,079 | 3,931 |
| Total | 10,557 | 16,893 |
| Non-current | ||
| Finance leases | 545 | 908 |
| Other non-current payables | 1,698 | 1,698 |
| Total | 2,243 | 2,606 |
10. PROVISIONS
| 2012 | 2011 | |
|---|---|---|
| $000 | $000 | |
| Balance at beginning of the period | 2,949 | 2,567 |
| (Decrease) / increase in provision for employee entitlements | (41) | 554 |
| Decrease in other provisions | - | (172) |
| Balance at end of the period | 2,908 | 2,949 |
11. NOTIONAL BORROWINGS
The interest cost on the notional borrowings has been calculated using the Vector group\'s weighted average cost of debt.
Next Page →
β¨ LLM interpretation of page content
π
Notes to the Financial Statements for Vector Limited & Subsidiaries
(continued from previous page)
π Trade, Customs & IndustryFinancial statements, Payables, Accruals, Provisions, Notional borrowings
NZ Gazette 2012, No 152