Asset Conversion Program For the period 31 January 2016 Asset Sales for 2015/16 are listed above. Borrowings For the period ended 31 January 2016 Loans outstanding have been categorised according to their term to maturity as at the commencement of the financial year. During the month of January, MPS paid $982k leaving an outstanding loan principal of $29.998m. This will further reduce by 30 June 2016 to $26.908m in line with Council’s commitment to reduce borrowings.
Asset Conversion Program For the period 31 January 2016 Asset Sales for 2015/16 are listed above. Borrowings For the period ended 31 January 2016 Loans outstanding have been categorised according to their term to maturity as at the commencement of the financial year. During the month of January, MPS paid $982k leaving an outstanding loan principal of $29.998m. This will further reduce by 30 June 2016 to $26.908m in line with Council’s commitment to reduce borrowings.
Monthly_Report_January_2016.docx