✨ Financial Statements
NEW ZEALAND GAZETTE
No. 119
Transfer to capital maintenance reserve
| 2001 ($) | 2000 ($) | |
|---|---|---|
| (5,058,343) | (3,034,099) | |
| (1,325,670) | 10,496,437 | |
| Donations to tax approved entities | (8,152,442) | (9,039,544) |
| Net deficit transferred from grants maintenance reserve | (9,478,112) | 1,456,893 |
Consolidated Statement of Movements in Trust Funds for the Year Ended 31 March 2001
| Note | 2001 ($) | 2000 ($) |
|---|---|---|
| Trust capital at beginning of year | 185,368,175 | 181,468,346 |
| Less grants paid from capital | (765,976) | (591,163) |
| Net deficit for the year transferred from grants maintenance reserve | (9,478,112) | 1,456,893 |
| Increase in capital maintenance reserve | 5,058,343 | 3,034,099 |
| Trust capital at end of year | 180,182,430 | 185,368,175 |
Consolidated Statement of Financial Position as at 31 March 2001
| Note | 2001 ($) | 2000 ($) |
|---|---|---|
| Funds employed: | ||
| Trust capital | 158,460,000 | 158,460,000 |
| Capital maintenance reserve | 11,137,680 | 6,845,313 |
| Grants maintenance reserve | 10,584,750 | 20,062,862 |
| Total capital and reserves | 180,182,430 | 185,368,175 |
| Liabilities: | | |
| Current liabilities: | | |
| Accounts payable | 171,928 | 285,844 |
| Grants committed but not paid | 7,813,767 | 9,885,821 |
| Total liabilities | 7,985,695 | 10,171,665 |
| Total capital and liabilities | 188,168,125 | 195,539,840 |
| Assets: | | |
| Current assets: | | |
| WestpacTrust cheque account | 3,603 | 9,645 |
| Accounts receivable and interest accrued | 56,873 | 19,772 |
| Total current assets | 60,476 | 29,417 |
| Non current assets: | | |
| Fixed assets | 1,111,331 | 1,117,374 |
| Investment assets: | | |
| WestpacTrust call account | – | 31,553 |
| Trading bank deposits | – | 8,000,000 |
| Managed funds: | | |
| Armstrong Jones | 47,966,701 | 46,919,884 |
| Morgan Stanley | – | 36,788,589 |
| AMP Asset Management | 83,611,564 | 78,200,627 |
| State Street Global Advisors | 52,200,850 | 21,164,934 |
| Loans | 713,508 | 755,532 |
| Invest South Limited | 2,503,695 | 2,531,930 |
| Total non current assets | 188,107,649 | 195,510,423 |
| Total assets | 188,168,125 | 195,539,840 |
Consolidated Statement of Cash Flows as at 31 March 2001
| Note | 2001 ($) | 2000 ($) |
|---|---|---|
| Cash flows from operating activities— | ||
| Cash was provided from/(applied to): | ||
| Interest and dividends | 5,202,074 | 15,207,198 |
| Administration expenses | (1,560,369) | (1,774,640) |
| Grants to the community | (10,950,501) | (8,592,245) |
| Net cash in/(out) flow from operating activities | (7,308,796) | 4,840,313 |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2001, No 119
Gazette.govt.nz —
NZ Gazette 2001, No 119
✨ LLM interpretation of page content
💰
Consolidated Statement of Financial Performance for The Community Trust of Southland
(continued from previous page)
💰 Finance & RevenueFinancial Performance, Transfer to Capital Maintenance Reserve, Donations, Net Deficit
💰 Consolidated Statement of Movements in Trust Funds for the Year Ended 31 March 2001
💰 Finance & RevenueTrust Capital, Grants, Capital Maintenance Reserve
💰 Consolidated Statement of Financial Position as at 31 March 2001
💰 Finance & RevenueFunds Employed, Liabilities, Assets, Trust Capital, Grants
💰 Consolidated Statement of Cash Flows as at 31 March 2001
💰 Finance & RevenueCash Flows, Operating Activities, Interest, Dividends, Grants