Notes to the Financial Statements

Note 11: Short Term Investments

Consolidated University
This Year Last Year This Year Last Year
$000 $000 $000 $000
Short Term Investments
Term Deposits with maturities of 4-12 months 12,000 9,058   12,000 9,058
Total Short Term Investments 12,000 9,058   12,000 9,058

The weighted average effective interest rates on term deposits are disclosed in Note 26: Financial Instruments. These deposits are valued at amortised cost using the effective interest method.

There was no impairment provision for investments.



<< Note 10: Intercompany Balances Table of contents Note 12: Inventories >>

In New Zealand

0800 WAIKATO

International

+64 7 856 2889