β¨ Financial Statement
4348 NEW ZEALAND GAZETTE, No. 155 25 NOVEMBER 2013
TRANSPOWER NEW ZEALAND LIMITED LINES BUSINESS
16. Non current finance lease liability
| LINES BUSINESS | 2013 | 2012 |
|---|---|---|
| $M | $M | |
| One to five years | 0.4 | 0.4 |
| Greater than five years | 0.1 | 0.3 |
| 0.5 | 0.7 |
Reconciliation to lease payments:
| | 2013 | 2012 |
|--------------------------|-------|-------|
| Total future minimum lease payments | 1.5 | 1.8 |
| Interest expense | (0.9) | (1.0) |
| Total lease liability recognised | 0.6 | 0.8 |
This is represented by:
| | 2013 | 2012 |
|--------------------------|-------|-------|
| Current lease liability | 0.1 | 0.1 |
| Non current lease liability | 0.5 | 0.7 |
| | 0.6 | 0.8 |
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β¨ LLM interpretation of page content
π
Transpower New Zealand Limited Statement of Accounting Policies
(continued from previous page)
π Trade, Customs & IndustryFinancial Statement, Non-current Finance Lease Liability, Reconciliation, Lease Payments, Interest Expense
NZ Gazette 2013, No 155