✨ Financial Statements and Cash Flows
27 JULY NEW ZEALAND GAZETTE
| Note | 1995 $000 | 1994 $000 |
|---|---|---|
| 5 | 687 | |
| 749 | 419 | |
| 484 | ||
| $95,172 | $79,614 |
Committed donations
...
5 | 687 |
Employment of funds—
Investments—
Shares
...
4 | 92,570 | 77,892
Other investments
...
4 | 2,399 | 1,570
Current assets—
Cash
227 |
Cash—Charitable Purposes Reserve Fund
95 | 19
Debtors
15 | 2
Taxation
2 | 30
ASB Charitable Trust
64 | 100
| 203 | 152
| $95,172 | $79,614
Approved on behalf of the board:
JUDITH BASSETT, Chairperson.
WAARI WARD-HOLMES, Deputy Chairman.
The notes to these financial statements form part of and should be read in conjunction with this Balance Sheet.
Statement of Cash Flows for the Year Ended 31 March 1995
| 1995 $000 | 1994 $000 |
|---|
Cash flows from operating activities—
Cash was provided from:
Refund of expenses by ASB Charitable Trust | 556 | 728
Dividends received | 3,881 | 1,007
Decrease in bonds | 336 | 2,180
Interest received on investments | 133 | 265
Donation from ASB Charitable Trust | 4,075 | 3,750
Net G.S.T. | - | 1
| 8,981 | 7,931
Cash was disbursed on:
Increase in term deposits | (1,307) | -
Payment to suppliers, trustees and staff | (974) | (1,093)
Net G.S.T. | (2) | -
Taxes paid | (1,266) | (388)
Charitable Purposes Reserve Fund | (90) | (1)
Donations to voluntary organisations | (1,309) | (2,633)
| (4,948) | (4,115)
Net cash inflow from operating activities | 4,033 | 3,816
Cash flows from investing activities—
Cash was disbursed on:
ASB Bank Limited capital call | (4,075) | (3,750)
Net cash outflow from investing activities | (4,075) | (3,750)
Net cash inflow/(outflow) from activities | (42) | 66
Add opening cash brought forward | 269 | 203
Ending cash carried forward | $227 | $269
The notes to these financial statements form part of and should be read in conjunction with this Statement of Cash Flows.
Reconciliation of Reported Surplus to Net Cash Flow From Operating Activities
| 1995 $000 | 1994 $000 |
|---|
Reported surplus/(deficit) after allocations | 679 | (195)
Add non-cash items:
Unrealised investment fluctuations | 104 | (30)
Unrealised investment revaluations | (10,603) | (9,731)
Allocation from general reserve | - | (500)
Allocation to/(from) investment fluctuation reserve | (69) | 30
Allocation to investment revaluation reserve | 9,796 | 9,731
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VUW Te Waharoa —
NZ Gazette 1995, No 73
NZLII —
NZ Gazette 1995, No 73
✨ LLM interpretation of page content
💰
ASB Bank Community Trust Financial Statements
(continued from previous page)
💰 Finance & RevenueIncome, Expenditure, Balance Sheet, Trust Funds, Financial Report, Committed Donations, Investments, Current Assets, Cash Flows
- JUDITH BASSETT, Chairperson
- WAARI WARD-HOLMES, Deputy Chairman
💰 Statement of Cash Flows for the Year Ended 31 March 1995
💰 Finance & RevenueCash Flows, Operating Activities, Investing Activities, ASB Bank, Charitable Trust
💰 Reconciliation of Reported Surplus to Net Cash Flow From Operating Activities
💰 Finance & RevenueSurplus, Deficit, Non-Cash Items, Investment Fluctuations, Investment Revaluations