Countdown MM:SS Timer?

Hi everyone.

Im useless with time.

I need to create a timer for something which i can display, lets say 2 minutes which is refreshed each second until it reaches 0.

02:00
00:00

If i was displaying seconds, something like this would be fine:

var time:int = 120;

var t:Timer = new Timer(1000);
t.addEventListevener(TimerEvent.Timer, onTimer);
t.start();

function onTimer(e:TimerEvent): void
{
     time--;

      if (time == 0)
      {
         //do something
         //remove listener
       }
}

But i just cant do this type of thing with minutes, how to get 01:43 for example just blows my mind.

Any advice would be praised :stuck_out_tongue: