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New Zealand Gazette – 1996 – No. 89

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✨ Financial Statements

2354 NEW ZEALAND GAZETTE No. 89

Dated at Wellington this 20th day of August 1996.

GEORGINA A. JONES, Registrar, Medical Council of New Zealand.

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Trust Bank Wanganui Community Trust Inc.

Trustee Banks Restructuring Act 1988

Trust Bank Wanganui Community Trust Inc. Consolidated Financial Statements for the Year Ended 31 March 1996

Income and Expenditure

	1996 $	1995 $
Income—
Interest	227,950	235,050
Dividend	1,231,786	739,500
	1,459,736	974,550
Less
Administration expenses	72,260	69,113
Net operating income before	1,387,476	905,437
donations
Donations	710,023	549,735
Operating surplus after	677,453	355,702
donations
Investment revaluation	6,684,492	(4,374,229)
Surplus for the year	7,361,945	(4,018,527)

Balance Sheet

	1996 $	1995 $
Trust funds—
Opening balance, 1 April	24,930,417	28,948,944
Surplus for the year	7,361,945	(4,018,527)
Closing balance, 31 March	$32,292,362	$24,930,417

Represented by—
Current—
Bank	1,188,305	1,384,518
Other	14,513	7,373
	1,202,818	1,391,891
Less current liabilities	50,877	219,956
	1,151,941	1,171,935
Investment assets—
New Zealand investments	29,977,325	23,134,408
Overseas investments	1,163,096	624,074
	$32,292,362	$24,930,417

This financial information has been extracted from the audited financial statements, which received an unqualified certificate.

A full set of financial statements is available upon request, from the trust secretary, P.O. Box 97, Wanganui.

Dated this 14th day of August 1996.

Note: A list of the names of persons or organisations to whom distributions of income have been made by this community trust under section 21 of the Trustee Banks Restructuring Act 1988 in the financial year ending 31 March 1996 and the amounts distributed is available from the secretary of this trust. The address to contact is care of the secretary, Trust Bank Wanganui Community Trust Incorporated, P.O. Box 97, Wanganui.

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VUW Te Waharoa — NZ Gazette 1996, No 89

NZLII — NZ Gazette 1996, No 89

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✨ LLM interpretation of page content

💰 Trust Bank Wanganui Community Trust Inc. Financial Statements

Domain💰 Finance & Revenue
Dated14 August 1996
KeywordsTrust Bank Wanganui Community Trust Inc., Trustee Banks Restructuring Act 1988, Financial Statements, Income and Expenditure, Balance Sheet

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