Notes to the Financial Statements FOR THE FINANCIAL YEAR ENDED 30 JUNE 2012 INTEREST EXPENSE 2012 2011 $000 $000 Interest to: Wholesale borrowings 177 145 608 706 Debt to Australian 11 12 Government Retail 853 110 borrowings 7 410 8 177 Promissory 4 231 4 144 Losses on extinguishment TOTAL INTEREST EXPENSE 201 142 171 465 40 1 328 2012 2012 2011 2011 Average Average Rate Average Balance Average Balance Rate $000 % $000 % Borrowings from: Wholesale 3 079 5.76 2 496 773 5.84 market 940 4.54 85 616 4.87 Fixed interest 94 4.71 257 044 4.72 securities 520 5.72 145 800 5.60 Promissory notes 251 Debt to Australian 3 555 462 2 985 506 233 Government Retail 129 2012 2011 market 496 $000 $000 Losses on extinguishment: Losses on extinguishment of 2 at amortised costs 1 38 Losses on extinguishment of 328 borrowings at amortised TOTAL LOSSES ON EXTINGUISHMENT 40 1 328
Notes to the Financial Statements FOR THE FINANCIAL YEAR ENDED 30 JUNE 2012 INTEREST EXPENSE 2012 2011 Interest to: Wholesale borrowings Debt to Australian Government Retail borrowings Promissory Losses on extinguishment $000 177 608 11 853 7 410 4 231 40 $000 145 706 12 110 8 177 4 144 1 328 TOTAL INTEREST EXPENSE 201 142 171 465 2012 2012 2011 2011 Borrowings from: Wholesale market Fixed interest securities Promissory notes Debt to Australian Government Retail market Average Balance Average Rate Average Balance Average Rate $000 3 079 940 94 520 251 506 129 496 % $000 % 5.76 2 496 773 5.84 4.54 85 616 4.87 4.71 257 044 4.72 5.72 145 800 5.60 3 555 462 2 985 233 2012 2011 Losses on extinguishment: Losses on extinguishment of at amortised costs Losses on extinguishment of borrowings at amortised $000 2 38 $000 1 328 TOTAL LOSSES ON EXTINGUISHMENT 40 1 328
AR-NTTC-1112.docx