New Zealand Gazette – 2001 – No. 97

Page 2537

✨ Financial Statements



23 AUGUST

NEW ZEALAND GAZETTE

2537

Consolidated Statement of Financial Position as at 31 March 2001

Note 2001 $(000) 2000 $(000)
Equity:
Trust capital 89,308 89,308
Income fluctuation reserve 12,840 16,959
Inflation and population reserve 13,480 10,583
Regional facilities reserve 926 1,926
Total equity 116,554 118,776

Represented by—

Current assets:
| | 2001 $(000) | 2000 $(000) |
|-----------------------|------------|------------|
| WestpacTrust— | | |
| Current account | 30 | 34 |
| Call account | 21 | 69 |
| Bank of New Zealand— | | |
| Term deposit | 192 | 181 |
| Accounts receivable | 13 | 0 |
| Community loans | 12 | 6 |
| Total current assets | 262 | 303 |

Non current assets:
| | 2001 $(000) | 2000 $(000) |
|---------------|------------|------------|
| Investments | 5 | 116,527 | 118,644 |
| Fixed assets | 3 | 19 | 26 |
| Total non current assets | 116,546 | 118,670 |

2001 $(000) 2000 $(000)
Total assets 116,808 118,973

Current liabilities:
| | 2001 $(000) | 2000 $(000) |
|-----------------------|------------|------------|
| Accounts payable | (242) | (184) |
| Employees entitlement payable | (12) | (13) |
| Total current liabilities | (254) | (197) |

| Total net assets | 116,554 | 118,776 |

Signed on behalf of the Board of Trustees:
G. P. SEARANCKE, Chairman.
B. J. SCANTLEBURY, Trustee.
Date: 12 June 2001.

(The accompanying notes form part of these financial statements.)

Consolidated Statement of Cash Flows for the Year Ended 31 March 2001

2001 $(000) 2000 $(000)

Cash flows from operating activities—
Cash was provided from:
| Investment income | 2,459 | 10,923 |
| Other | 2 | 17 |
| Total | 2,461 | 10,940 |

Cash was dispersed to:
| Suppliers of goods and services | (639) | (694) |
| Trustees | (92) | (100) |
| Donations to the community | (3,854) | (2,572) |
| Dillon Memorial Scholarship | (46) | (58) |
| Total | (4,631) | (3,424) |

| Net cash flows from operating activities | (2,170) | 7,516 |

Cash flows from investing activities—
Cash was provided from:
| Sale of investments | 4,500 | 13,800 |

Cash was applied to:
| Purchase of fixed assets | (1) | (14) |
| Purchase of investments | (2,381) | (21,386) |
| Net cash flows from investing activities | 2,118 | (7,600) |

| Increase/(decrease) in cash held | (52) | (84) |
| Add cash at 1 April 2000 | 103 | 187 |
| Cash at 31 March 2001 | 51 | 103 |



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2001, No 97


Gazette.govt.nz — PDF NZ Gazette 2001, No 97




✨ LLM interpretation of page content

🏢 Consolidated Statement of Movements in Equity (continued from previous page)

🏢 State Enterprises & Insurance
12 June 2001
Equity, Financial Statements, Donations, Bay of Plenty
  • G. P. Searancke, Chairman
  • B. J. Scantlebury, Trustee

🏢 Consolidated Statement of Financial Position as at 31 March 2001

🏢 State Enterprises & Insurance
12 June 2001
Financial Position, Assets, Liabilities, Equity
  • G. P. Searancke, Chairman
  • B. J. Scantlebury, Trustee

🏢 Consolidated Statement of Cash Flows for the Year Ended 31 March 2001

🏢 State Enterprises & Insurance
12 June 2001
Cash Flows, Operating Activities, Investing Activities
  • G. P. Searancke, Chairman
  • B. J. Scantlebury, Trustee