✨ Financial Statements
31 AUGUST NEW ZEALAND GAZETTE 2981
Consolidated Statement of Movements in Equity for the Year Ended 31 March 2000
| 2000 | $ | 1999 | $ | |
|---|---|---|---|---|
| Opening equity | 35,790,684 | 34,994,644 | ||
| Net surplus for year | 4,210,393 | 2,194,411 | ||
| Less donations | (1,143,614) | (1,398,371) | ||
| Closing equity | 38,857,463 | 35,790,684 |
Consolidated Statement of Financial Position as at 31 March 2000
| Note | 2000 | $ | 1999 | $ |
|---|---|---|---|---|
| Trust capital— | ||||
| General fund | 3 | 34,136,194 | 33,526,105 | |
| Donations reserve | 4 | 2,564,715 | 1,878,064 | |
| Unrealised revenue reserve | 5 | 2,156,554 | 386,515 | |
| 38,857,463 | 35,790,684 |
Represented by—
| | | |
| Current assets: | | |
| Provision for tax | 6 | 67,067 | | 66,708 |
| WestpacTrust | | |
| - Subsidiary company account | | 22,383 | | 9,205 |
| - Current account | | 45,848 | | 232,933 |
| - Prime call account | | 68,342 | | 66,206 |
| - Term deposits | | 957,312 | | 6,784,512 |
| National Bank of NZ – term deposits | | - | | 5,477,579 |
| ANZ Banking Group – term deposits | | - | | 2,857,365 |
| Sundry debtors | | 520,058 | | 0 |
| Advances | 11 | 160,000 | | 200,000 |
| Interest accrued | | 186,431 | | 345,490 |
| Short term debt investments | 2 | - | | 1,632,845 |
| | | 2,027,441 | | 17,672,843|
Less current liabilities
| Sundry creditors | | 583,164 | | 8,550 |
| Donations approved not yet paid | 8 | 191,740 | | 286,560 |
| Total current liabilities | | 774,904 | | 295,110 |
| Working capital | | 1,252,537 | | 17,377,733|
| Add non current assets | | |
| Investments | | |
| - Debt | 2 | - | | 10,996,815|
| - Equity | 2 | - | | 7,416,136 |
| - Managed funds debt | 2 | 17,717,217| | - |
| - Managed funds equity | 2 | 19,091,263| | - |
| - Managed funds property | 2 | 796,446 | | - |
| Net assets | | 38,857,463| | 35,790,684|
Signed on behalf of the board of trustees.
P. F. McILRAITH, Chairperson.
C. E. BRAND, Trustee.
Date: 30 August 2000.
Consolidated Statement of Cash Flows for the Year Ended 31 March 2000
| 2000 | $ | 1999 | $ | |
|---|---|---|---|---|
| Cash flows from operating activities— | ||||
| Cash was provided from: | ||||
| Interest on deposits | 335,662 | 2,045,304 | ||
| Dividends | 51,638 | 287,238 | ||
| Debtors | 21,481 | 32,547 | ||
| Sundry | - | 408,781 | ||
| 408,781 | 2,365,089 |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2000, No 117
Gazette.govt.nz —
NZ Gazette 2000, No 117
✨ LLM interpretation of page content
💰
Consolidated Statement of Movements in Equity for the Year Ended 31 March 2000
(continued from previous page)
💰 Finance & RevenueEquity, Surplus, Donations, Financial Year
💰 Consolidated Statement of Financial Position as at 31 March 2000
💰 Finance & Revenue30 August 2000
Assets, Liabilities, Equity, Trust Capital
- P. F. McIlraith, Chairperson
- C. E. Brand, Trustee
💰 Consolidated Statement of Cash Flows for the Year Ended 31 March 2000
💰 Finance & RevenueCash Flows, Operating Activities, Interest, Dividends