Note 4
Finance costs
Model Financial Statements: Te Motu Regional Economic Development Trust 2010/11
| NZ IAS 1.112(c) | Actual 2011 |
Actual 2010 |
|
|---|---|---|---|
| NZ IFRS 7.20(b) |
Interest on bank overdraft | 1,478 | 1,017 |
| NZ IFRS 7.20(b) |
Interest on borrowings | 4,000 | 3,578 |
| NZ IAS 37.84(e) | Discount unwind on leasehold restoration provision | 2,741 | 2,532 |
| Total finance costs | 8,219 | 7,127 |
