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 PDF NZ Gazette 2000, No 117


Gazette.govt.nz PDF 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 & Revenue
Equity, Surplus, Donations, Financial Year

💰 Consolidated Statement of Financial Position as at 31 March 2000

💰 Finance & Revenue
30 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 & Revenue
Cash Flows, Operating Activities, Interest, Dividends