New Zealand Gazette – 2002 – No. 94

Page 2563

✨ Financial Statements



8 AUGUST

NEW ZEALAND GAZETTE

2563

Consolidated Statement of Financial Position as at 31 March 2002

Note 2002 $(000) 2001 $(000)
Equity:
Trust capital 89,308 89,308
Income fluctuation reserve 11,835 12,840
Inflation and population reserve 13,542 13,480
Regional facilities reserve – 926
Total equity 114,685 116,554

Represented by—

| | Current assets: | | |
| 2 | WestpacTrust— | | |
| | Current account | 2 | 30 |
| 1 | Call account | – | 21 |
| | Bank of New Zealand— | | |
| | Term deposit | 33 | 192 |
| | Accounts receivable | 3 | 13 |
| | Community loans | – | 6 |
| | | 39 | 262 |

| | Non current assets: | | |
| 5 | Investments | 115,217 | 116,527 |
| 3 | Fixed assets | 26 | 19 |
| | | 115,243 | 116,546 |
| | Total assets | 115,282 | 116,808 |

| | Current liabilities: | | |
| | Accounts payable | (578) | (242) |
| | Employees' entitlement payable | (19) | (12) |
| | | (597) | (254) |

| | Total net assets | 114,685 | 116,554 |

Signed on behalf of the Board of Trustees:

RAY SHARP, Chairman.
TERRI EGGLETON, Trustee.

Date: 20 June 2002.

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

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

2002 $(000) 2001 $(000)
Cash flows from operating activities—
Cash was provided from:
Investment income 2,407 2,459
Other 23 2
2,430 2,461

| Cash was dispersed to: | | |
| Suppliers of goods and services | (697) | (639) |
| Trustees | (97) | (92) |
| Donations to the community | (3,100) | (3,854) |
| Dillon Memorial Scholarship | (44) | (46) |
| | (3,938) | (4,631) |

| Net cash flows from operating activities | (1,508) | (2,170) |

| Cash flows from investing activities— | | |
| Cash was provided from: | | |
| Sale of investments | 3,650 | 4,500 |

| Cash was applied to: | | |
| Purchase of fixed assets | (16) | (1) |
| Purchase of investments | (2,174) | (2,381) |
| | 1,460 | 2,118 |

| Increase/(decrease) in cash held | (48) | (52) |

| Add cash at 1 April 2001 | 51 | 103 |
| Cash at 31 March 2002 | 3 | 51 |



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2002, No 94


Gazette.govt.nz — PDF NZ Gazette 2002, No 94




✨ LLM interpretation of page content

💰 Consolidated Statement of Financial Position (continued from previous page)

💰 Finance & Revenue
20 June 2002
Financial Statements, Equity, Assets, Liabilities, Bay of Plenty Community Trust
  • RAY SHARP, Chairman
  • TERRI EGGLETON, Trustee

💰 Consolidated Statement of Cash Flows

💰 Finance & Revenue
Cash Flows, Operating Activities, Investing Activities, Financial Statements, Bay of Plenty Community Trust