✨ Financial Notices
NEW ZEALAND GAZETTE
No. 85
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General Section
Accounting Standards Review Board
Financial Reporting Act 1993
Notice (No. 23) of Approval of Financial Reporting Standard
Notice is hereby given, pursuant to section 29 of the Financial Reporting Act 1993 (“the Act”), that the Accounting Standards Review Board has approved, for the purposes of the Act, Financial Reporting Standard 35, “Financial Reporting of Insurance Activities” submitted to it by the Institute of Chartered Accountants of New Zealand.
FRS 35 is to apply to all reporting entities and groups, the Crown and all departments, Offices of Parliament and Crown entities and all local authorities (each of which is defined in the Act) other than those expressly exempted by the terms of the Standard.
The Standard is to apply to accounting periods and interim accounting periods beginning on or after 1 July 1999.
Copies of FRS 35 may be purchased from the offices of the Institute of Chartered Accountants of New Zealand, 40 Mercer Street (P.O. Box 11-342), Wellington and 27–33 Ohinerau Street (P.O. Box 3334), Remuera, Auckland.
Dated this 15th day of July 1999.
JOHN C. HAGEN, Chairman, Accounting Standards Review Board.
Trust Bank Eastern and Central Community Trust Inc.
Trustee Banks Restructuring Act 1988
Consolidated Statement of Financial Performance for the Year Ended 31 March 1999
| Note | 1999 $ | 1998 $ |
|---|
Income—
Income from investments ... 2 13,485,302 27,091,478
Less expenditure—
Advertising and promotion ... 205,695 192,340
Audit fees ... 6,300 7,983
Trust auditors ... — 2,262
Depreciation ... 19,870 17,408
Rent and occupancy ... 56,257 43,026
Professional fees ... 40,281 67,231
Trustee expenses ... 44,924 35,396
Trustee fees ... 118,795 92,717
Wages and salaries ... 132,285 108,781
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VUW Te Waharoa —
NZ Gazette 1999, No 85
NZLII —
NZ Gazette 1999, No 85
✨ LLM interpretation of page content
📰 Mail Order Pricing for Gazette Copies
📰 NZ GazetteMail Orders, Pricing, Postage, Packaging
💰 Approval of Financial Reporting Standard 35
💰 Finance & Revenue15 July 1999
Financial Reporting Standard, Insurance Activities, Accounting Standards Review Board
- JOHN C. HAGEN, Chairman, Accounting Standards Review Board
💰 Consolidated Statement of Financial Performance for Trust Bank Eastern and Central Community Trust Inc.
💰 Finance & RevenueFinancial Performance, Trust Bank, Income, Expenditure