52 / 61
PRINCE EDWARD ISLAND
LIQUOR CONTROL COMMISSION
Notes to Financial Statements
March 31,2015
8.
Accounts Payable and Accrued Liabilities
2015
2014
$
$
Trade payables and accruals
1,917,324
2,289,390
Province of Prince Edward Island
220.534
219,665
2,137.858
2.509.055
9.
Debentures Payable
2015
2014
$
$
Charlottetown (Head Office),
repayable in equal annual
installments of $38,889 including interest, 5.02%, matures
March 7, 2015.
-
37,030
Sherbrooke,
repayable
in equal
annual
installments of
$38,493 including interest, 4.81%, matures February 28,
2016.
36,727
71,770
West Royalty,
repayable in equal annual
installments of
$64,156 including interest, 4.81%, matures August 30,
2016.
119,616
175,338
Souris, repayable in equal annual installments of $101,660
including interest, 4.74%, matures March 30, 2017.
189,727
278,200
Charlottetown
(Oak Tree),
repayable
in
equal
annual
installments of $16,409 including interest, 5.28%, matures
June 27, 2017.
44,452
57,809
Charlottetown (Head Office and Warehouse), repayable in
equal annual
installments of $31 ,393 including interest,
4.37%, matures January 20, 2020.
138,316
162,603
Stratford, repayable in equal annual installments of $86,542
including interest, 4.20%, matures September 13, 2020.
450,726
515,613
O’Leary, repayable in equal annual installments of $49,488
including interest, 4.07%, matures January 2, 2024.
366,792
400,000
Total
1,346,356
1,698,363
Less current porLion
329,379
352,007
Long-term portion
1.016+977
1,346.356
All debentures are payable to the Province of Prince Edward Island.