Financial Statements




NEW ZEALAND GAZETTE

9 JULY

2095

Notes

| | 1998
| | $'000 | 1997
| | | $'000
|--------------------------|-------|-------
| Retained earnings | 7 | -
| Total trust funds | 204,782 | 181,964
| Current liabilities— | |
| Accounts payable | 198 | 111
| Donations payable | 505 | 137
| | 703 | 248
| Total trust funds and liabilities | 205,485 | 182,212

| Current assets— | |
| WestpacTrust cheque account | 16 | 61
| Short term deposits | 165 | 181,473
| Accounts receivable | - | 8
| | 181 | 181,542

| Non-current assets— | |
| Investments | 8 | 642
| | 205,282 | -
| Fixed assets | 9 | 28
| | 22 | 28
| | 205,304 | 670
| Total assets | 205,485 | 182,212

D. J. BRAITHWAITE, Chairman.
J. A. GRACE, Trustee.

Dated this 29th day of May 1998.

The accompanying notes form part of these financial statements.

Consolidated Statement of Cash Flows for the Year Ended 31 March 1998

| | Notes | 1998
| | | $'000 | 1997
| | | | $'000
|----------------------------------|-------|-------|-------
| Cash flow from operating activities— | | |
| Cash was provided from: | | |
| Investment income received | | 11,155 | 16,864
| | | 11,155 | 16,864
| | | |
| Cash was disbursed to: | | |
| Payments to suppliers and employees | | (829) | (505)
| Donations paid | | (2,304) | (1,207)
| | | (3,133) | (1,712)
| | | |
| Net cash flow from operating activities | 12 | 8,022 | 15,152

| Cash flow from investing activities— | | |
| Cash was provided from: | | |
| Proceeds from sale of TBNZ shares | | - | 138,588
| | | - | 138,588
| | | |
| Cash was applied to: | | |
| Net increase in investments | | (7,725) | (152,793)
| Purchase of fixed assets | | (3) | (5)
| | | (7,728) | (152,798)
| | | |
| Net cash flow from investing activities | | (7,728) | (14,210)

| Cash flow from financing activities— | | |
| Cash was applied to: | | |
| Donations from capital | | (339) | (911)
| | | (339) | (911)

| Net cash flow from financing activities | | (339) | (911)
| Net increase (decrease) in cash held | | (45) | 31
| Cash at beginning of the year | | 61 | 30
| Cash at end of the year | | $16 | $61



Next Page →

PDF embedding disabled (Crown copyright)

View this page online at:


VUW Te Waharoa PDF NZ Gazette 1998, No 91


NZLII PDF NZ Gazette 1998, No 91





✨ LLM interpretation of page content

💰 Auditors' Report for Waikato Community Trust Incorporated (continued from previous page)

💰 Finance & Revenue
29 May 1998
Financial Performance, Audit, Waikato Community Trust, Beattie Rickman
  • D. J. Braithwaite, Chairman of the Trust
  • J. A. Grace, Trustee

  • D. J. Braithwaite, Chairman
  • J. A. Grace, Trustee

💰 Consolidated Statement of Cash Flows for the Year Ended 31 March 1998

💰 Finance & Revenue
Cash Flows, Financial Statements, Waikato Community Trust