Note 23
Events after the balance date
Model Financial Statements: Te Motu Regional Economic Development Trust 2010/11
| NZ IAS 1.67(a) | Subsequent to balance date, the Trust refinanced $5,000 of the current portion of the loan from Te Motu Regional Council. The loan was refinanced for a five-year period. The new loans were refinanced at a commercially based fixed interest rate of 7.5%. |
| NZ IAS 10.19,21 | There were no other significant events after the balance date. |
