Note 9
Investments
Model Financial Statements: Te Motu Regional Economic Development Trust 2010/11
| NZ IAS 1.112(c) | |
| Investments are represented by term deposits which have maturities greater than three months from the date of acquisition. | |
| Impairment | |
| There are no impairment provisions for investments. No investments are either past due or impaired (2010 $nil). | |
| Fair value | |
| NZ IFRS 7.25,29(a) | The carrying amounts of investments approximate their fair value. |
