✨ Financial Statements
9 AUGUST
NEW ZEALAND GAZETTE 2181
Liabilities:
ASB Charitable Trust 76 51
Creditors 150 13
Committed donations 5
7,516 3,481
7,742 3,545
Employment of funds— 495,278 196,449
Investments:
Shares 3
0 190,375
Managed funds 463,458 0
Other investments 3
31,672 6,067
495,130 196,442
Current assets:
Cash 8 7
Debtors 140 0
148 7
495,278 196,449
Approved on behalf of the board:
JUDITH BASSETT,
Chairperson.
Date: 28 May 2001.
R. J. FINLAYSON,
Deputy Chairman.
Date: 28 May 2001.
The notes to these financial statements form part of and should be read in conjunction with this balance sheet.
Statement of Cash Flows for the Year Ended 31 March 2001
| 2001 | 2000 | |
|---|---|---|
| $000 | $000 |
Cash flows from operating activities—
Cash was provided from:
Dividends received 20,350 6,050
Interest received on investments 8,170 322
28,520 6,372
Cash was disbursed on:
Payment to suppliers, trustees and staff (143) (38)
Refunds to ASB Charitable Trust for the services of suppliers, trustees and staff (518) (460)
(661) (498)
Net cash inflow from operating activities 27,859 5,874
Cash flows from investing activities—
Cash was provided from:
Net proceeds on sale of shares 544,144 0
Decrease in term deposits 3,589 0
Decrease in net charitable purposes reserve fund deposits 1,084 0
548,817 0
Cash was disbursed on:
Increase in term deposits 0 (322)
Transfers to fund managers (485,000) 0
Increase in net charitable purposes reserve fund deposits 0 (252)
Net cash (inflow)/outflow from investing activities 63,817 (574)
Cash flows from funding activities—
Cash was disbursed on:
Donations to community organisations (61,394) (5,780)
Net cashflows from funding activities (61,394) (5,780)
Net cash inflow/(outflow) from activities 30,282 (480)
Add opening cash carried forward 24 504
Ending cash carried forward 30,306 24
Cash comprises:
Cash at bank 8 7
Call deposits 30,298 17
30,306 24
The notes to these financial statements form part of and should be read in conjunction with this statement of cash flows.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2001, No 84
Gazette.govt.nz —
NZ Gazette 2001, No 84
✨ LLM interpretation of page content
💰
Balance Sheet as at 31 March 2001
(continued from previous page)
💰 Finance & RevenueBalance sheet, Trust funds, Capital, Reserves, Surplus
- JUDITH BASSETT, Chairperson
- R. J. FINLAYSON, Deputy Chairman
💰 Statement of Cash Flows for the Year Ended 31 March 2001
💰 Finance & RevenueCash flows, Operating activities, Investing activities, Funding activities