Territory Stories

Northern Territory Treasury Corporation Annual report 2013-2014

Details:

Title

Northern Territory Treasury Corporation Annual report 2013-2014

Collection

Department of Treasury and Finance reports; Reports; PublicationNT

Date

2014

Description

Made available via the Publications (Legal Deposit) Act 2004 (NT).

Language

English

Subject

Northern Territory Treasury Corporation -- Periodicals; Finance, Public -- Northern Territory -- Periodicals

Publisher name

Dept. of Treasury and Finance

Place of publication

Darwin

ISSN

1324-9789

Copyright owner

Check within Publication or with content Publisher.

Parent handle

https://hdl.handle.net/10070/256369

Citation address

https://hdl.handle.net/10070/521143

Related items

https://hdl.handle.net/10070/521145

Page content

Notes to the Financial Statements For the financial year ended 30June2014 55Annual Report 2014 6. Interest Expense 2014 2013 $000 $000 Interest to: Wholesale borrowings 235 900 199 606 Debt to Commonwealth 11 303 11 585 Retail borrowings 5 396 6 214 Promissory notes 1 956 4 200 Losses on extinguishment 19 352 TOTAL INTEREST EXPENSE 254 574 221 957 2014 2014 2013 2013 Average Balance Average Rate Average Balance Average Rate $000 % $000 % Borrowings from: Wholesale market Fixed interest securities 4 550 539 5.18 3 977 127 5.02 Promissory notes 77 534 2.52 134 027 3.13 Debt to Commonwealth 239 649 4.72 245 711 4.71 Retail market 106 106 5.09 115 122 5.40 4 973 828 4 471 987 2014 2013 Losses on extinguishment $000 $000 Losses on extinguishment of borrowings at amortised cost 19 352 TOTAL LOSSES ON EXTINGUISHMENT 19 352