✨ Financial Statements




29 JUNE NEW ZEALAND GAZETTE 1685

Motor Vehicles

At Cost 64 37
Accumulated depreciation (24) (6)
Net Book Value 40 31

Art and Artefacts

At Cost 52 -
Accumulated depreciation - -
Net Book Value 52 -

Buildings

At Cost 586 346
Accumulated depreciation (58) (10)
Net Book Value 528 336

Land

At Cost 554 540
Accumulated depreciation - -
Net Book Value 554 540

Total Fixed Assets

            1,285       945

11. FINANCIAL INSTRUMENTS

The Trust uses the services of an investment advisor to pursue an investment policy considered appropriate for the Trust. The current policy is to achieve a long term asset allocation of:

New Zealand Equities 5.0%
New Zealand Fixed Interest 20.0%
New Zealand Cash 30.0%
Global Fixed Interest (Fully Hedged) 20.0%
Passive Global Equities (Fully Hedged) 12.5%
Active Global Equities 12.5%
100.0%

The following financial assets have been recognised in the financial statements of the parent and group.

            2000        1999
            $'000       $'000

Term Deposits 506 819
Investments 225,859 218,774
226,365 219,593

These are denominated in the following currencies:

            2000        1999
            $'000       $'000

Australian dollar equivalents 426 787
Austrian schilling equivalents 31 56
Belgium franc equivalents 92 196
Canadian dollar equivalents 1,625 589
Danish krona equivalents 912 416
Deutsch mark equivalents 2,936 2,868
Euro 18,726 10,700
Finland markka equivalents 796 224
French franc equivalents 4,399 3,297
Great Britain pound equivalents 7,217 10,359
Hong Kong dollar equivalents 764 611
Irish pound equivalents 62 56
Italian lira equivalents 1,041 1,413
Japanese yen equivalents 12,700 7,550
Malaysia ringgit equivalents - 59
Netherlands guilder equivalents 2,381 1,668
New Zealand dollars 122,154 122,919
Norway krone equivalents 62 56
Portugal escudo equivalents 244 84
Singapore dollar equivalents 336 174
Spanish peseta equivalents 1,373 1,383



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2000, No 72


Gazette.govt.nz PDF NZ Gazette 2000, No 72





✨ LLM interpretation of page content

πŸ’° Notes to and Forming Part of the Consolidated Financial Statements for the Year Ended 31 March 2000 (continued from previous page)

πŸ’° Finance & Revenue
Accounting Policies, Donations, GST, Investments, Taxation

πŸ’° Motor Vehicles Financial Details

πŸ’° Finance & Revenue
Motor Vehicles, Depreciation, Net Book Value

πŸ’° Art and Artefacts Financial Details

πŸ’° Finance & Revenue
Art, Artefacts, Depreciation, Net Book Value

πŸ’° Buildings Financial Details

πŸ’° Finance & Revenue
Buildings, Depreciation, Net Book Value

πŸ’° Land Financial Details

πŸ’° Finance & Revenue
Land, Depreciation, Net Book Value

πŸ’° Total Fixed Assets

πŸ’° Finance & Revenue
Fixed Assets, Total Value

πŸ’° Financial Instruments and Investment Policy

πŸ’° Finance & Revenue
Financial Instruments, Investment Policy, Asset Allocation

πŸ’° Financial Assets Recognition

πŸ’° Finance & Revenue
Financial Assets, Term Deposits, Investments

πŸ’° Currency Denomination of Financial Assets

πŸ’° Finance & Revenue
Currency Denomination, Australian Dollar, Euro, New Zealand Dollar