New Zealand Gazette – 2002 – No. 126

Page 3394

✨ Financial Statements



NEW ZEALAND GAZETTE

No. 126

Add non current assets—

Investments

  • Managed funds debt (GT)
  • Managed funds equity (GT)
  • Managed funds debt (SSG)
  • Managed funds equity (SSG)
2002 2001
2 12,915,261
2 6,237,789
5,334,884
10,629,471
Net assets 35,117,405 36,837,299
34,729,876 36,821,154

Signed on behalf of the board of trustees.

P. F. MCILRAITH,
Chairperson.

C. E. BRAND,
Trustee.

Dated: 26 August 2002.

Consolidated Statement of Cash Flows for the Year Ended 31 March 2002

Cash flows from operating activities—

Cash was provided from:
Interest on deposits

2002 2001
75,821 41,430

Cash was applied to:
Suppliers of goods and services
Donations paid

2002 2001
(236,236) (231,601)
(2,081,045) (1,262,700)
(2,317,281) (1,494,301)

Net cash flows from operating activities

2002 2001
(2,241,460) (1,452,871)

Cash flows from investing activities—

Cash was provided from:
Withdrawal of managed funds (GT)

2002 2001
17,390,187 1,234,791

Cash was applied to:
Managed funds (SSG)

2002 2001
16,000,000 –

Net cash flows from investing activities

2002 2001
1,390,187 1,169,791

Increase/(decrease) in cash held

2002 2001
(851,272) (218,080)

Add opening cash 1 April 2001

| 875,805 | 1,093,885 |

Cash as at 31 March 2002

| 24,533 | 875,805 |

Comprised of—
WestpacTrust:
Subsidiary company account
Current account
Ready access account
Term deposit

2002 2001
9,395 98
15,038 90,778
100 –
– 784,929
24,533 875,805

Reconciliation of Net Surplus and Net Cash Flows From Operating Activities

2002 2001
$(551,462) $386,568

Plus donations returned

| 16,040 | 1,700 |

Less donations approved

| (1,555,856) | (2,365,011) |

Less prior period tax adjustment

| – | (59,566) |

Plus/(less) non cash items:
Managed funds expenses
Unrealised capital losses/(gains) on investments
Managed fund revenue
Transfer from Aorangi Park Trust

| 182,782 | 171,731 |
| 929,957 | 3,112,308 |
| (771,386) | (3,849,152) |
| 40,000 | 40,000 |
| 381,353 | (2,561,422) |

Movements in working capital:
Increase/(decrease) in donations approved not yet paid
Increase/(decrease) in creditors
(Increase)/decrease in accrued interest

| (581,229) | 1,038,700 |
| 21,598 | 9,744 |
| 31,120 | (10,695) |



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2002, No 126


Gazette.govt.nz — PDF NZ Gazette 2002, No 126




✨ LLM interpretation of page content

💰 Annual Report and Consolidated Financial Statements for the Year Ended 31 March 2002 (continued from previous page)

💰 Finance & Revenue
26 August 2002
Community Trust, Financial Statements, Donations, Mid and South Canterbury
  • P. F. McIlraith, Chairperson
  • C. E. Brand, Trustee

💰 Consolidated Statement of Cash Flows for the Year Ended 31 March 2002

💰 Finance & Revenue
Cash Flows, Operating Activities, Investing Activities, Donations

💰 Reconciliation of Net Surplus and Net Cash Flows From Operating Activities

💰 Finance & Revenue
Net Surplus, Cash Flows, Donations, Tax Adjustment