Common use of Numismatic Coins Clause in Contracts

Numismatic Coins. The total nominal value of numismatic coins outstanding at 30 June 2005 is $14,800,000. No liability for redeeming numismatic coins is recognized in the financial statements, since the amount of redemption cannot be reasonably estimated and the probability of material redemption is remote. Redemption costs and sales proceeds are recorded in the income statement as incurred.

Appears in 1 contract

Samples: Ownership Agreements

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Numismatic Coins. The total nominal value of numismatic coins outstanding at 30 June 2005 2008 is $14,800,00014,900,000. No liability for redeeming numismatic coins is recognized in the financial statements, since the amount of redemption cannot be reasonably estimated and the probability of material redemption is remote. Redemption costs and sales proceeds are recorded in the income statement as incurred.

Appears in 1 contract

Samples: Ownership Agreements

Numismatic Coins. The total nominal value of numismatic coins outstanding at 30 June 2005 2006 is $14,800,00014,900,000. No liability for redeeming numismatic coins is recognized in the financial statements, since the amount of redemption cannot be reasonably estimated and the probability of material redemption is remote. Redemption costs and sales proceeds are recorded in the income statement as incurred.

Appears in 1 contract

Samples: Ownership Agreements

Numismatic Coins. The total nominal value of numismatic coins outstanding at 30 June 2005 2007 is $14,800,00014,900,000. No liability for redeeming numismatic coins is recognized in the financial statements, since the amount of redemption cannot be reasonably estimated and the probability of material redemption is remote. Redemption costs and sales proceeds are recorded in the income statement as incurred.

Appears in 1 contract

Samples: Ownership Agreements

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Numismatic Coins. The total nominal value of numismatic coins outstanding at 30 June 2005 2004 is $14,800,00014,760,969. No liability for redeeming numismatic coins is recognized in the financial statements, since the amount of redemption cannot be reasonably estimated and the probability of material redemption is remote. Redemption costs and sales proceeds are recorded in the income statement as incurred.

Appears in 1 contract

Samples: Ownership Agreements

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