✨ Financial Report and Donations
17 JULY NEW ZEALAND GAZETTE 2169
Great Britain pound equivalents 9,669 9,236
Italian lira equivalents 350 517
Japanese yen equivalents 3,843 4,895
Netherlands guilder equivalents 478 2,803
New Zealand dollars 95,285 97,947
Spanish peseta equivalents 5,010 1,166
Swedish krona equivalents 1,218 1,377
Swiss franc equivalents 760 944
United States dollar equivalents 47,378 63,891
Other equivalents 1,597 2,374
189,164 204,419
The unrealised gains and losses on forward contracts have been included in other equivalents.
Trust policy is to hedge exposure on fluctuations in foreign exchange on 100% of global fixed interest investments and 50% of
global equity investments. At 31 March 2003, the trust’s investment managers had forward exchange contracts in accordance
with this policy.
The market value of the New Zealand cover is $73,810,744 (nominal value – $74,613,410). The market value of the cover at
balance date accounts for 98.90% of funds held in global fixed interest and 53.79% of funds held in global equities. No
undisclosed credit risk exists.
16. Donations
On 21 September 2002, The Waikato Times published a list totalling $7,167,850 which showed all of the donations approved
by the trust from the period 1 April 2002 to 21 September 2002.
In the period from 22 September 2002 to 31 March 2003, the trust has also paid, committed or withdrawn the following
donations:
| $ |
|---|
| Total donations as published in The Waikato Times on 21 September 2002 |
| Hamilton Roller Skating Club |
| Waihi Coastguard |
| Kirikiriroa Marae |
| Cambridge Childcare Centre |
| Whakaaratamaiti Marae |
| Te Kauwhata Lakeside Lions |
| Waihou Hall Community Centre |
| Kio Kio School BOT |
| St John’s College |
| Pio Pio Scout Group |
| Central North Island Kindergarten Association |
| Te Runanga o Kirikiriroa |
| Whangamata Business Association |
| Te Ahurei a Rangatahi |
| Taumarunui Family Support Services |
| Napi Napi Marae Committee |
| Waitomo Safer Community Council |
| North Waikato Aquatic Trust |
| Total donations for the year |
Represented by:
| $ |
|---|
| Donations paid from income |
| Donations paid from capital |
| 6,996,112 |
Of this amount, $5,424,043 has been actually paid to community groups during the year.
The remainder of $1,572,069 represents donations which will be paid when it is clear to the trust that the project in question
will proceed and any other conditions have been met.\n
Donations payable at balance date are:
| $ |
|---|
| For the 2002/2003 year |
| For previous years |
| 1,572,069 |
Audit Report to the Trustees of Waikato Community Trust Incorporated
We have audited the financial statements. The financial statements provide information about the past financial performance of
The Waikato Community Trust Incorporated and its financial position as at 31 March 2003. This information is stated in
accordance with the accounting policies set out in note 1.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2003, No 82
Gazette.govt.nz —
NZ Gazette 2003, No 82
✨ LLM interpretation of page content
💰
Financial Instruments
(continued from previous page)
💰 Finance & RevenueInvestment, Foreign Exchange, Forward Contracts, Global Fixed Interest, Global Equities, New Zealand Cover, Market Value, Credit Risk
🏥 Donations by Waikato Community Trust
🏥 Health & Social WelfareDonations, Community Groups, Waikato, Hamilton Roller Skating Club, Waihi Coastguard, Kirikiriroa Marae, Cambridge Childcare Centre, Whakaaratamaiti Marae, Te Kauwhata Lakeside Lions, Waihou Hall Community Centre, Kio Kio School BOT, St John’s College, Pio Pio Scout Group, Central North Island Kindergarten Association, Te Runanga o Kirikiriroa, Whangamata Business Association, Te Ahurei a Rangatahi, Taumarunui Family Support Services, Napi Napi Marae Committee, Waitomo Safer Community Council, North Waikato Aquatic Trust
18 names identified
- Hamilton Roller Skating Club, Received donation
- Waihi Coastguard, Received donation
- Kirikiriroa Marae, Received donation
- Cambridge Childcare Centre, Received donation
- Whakaaratamaiti Marae, Received donation
- Te Kauwhata Lakeside Lions, Received donation
- Waihou Hall Community Centre, Received donation
- Kio Kio School BOT, Received donation
- St John’s College, Received donation
- Pio Pio Scout Group, Received donation
- Central North Island Kindergarten Association, Received donation
- Te Runanga o Kirikiriroa, Received donation
- Whangamata Business Association, Received donation
- Te Ahurei a Rangatahi, Received donation
- Taumarunui Family Support Services, Received donation
- Napi Napi Marae Committee, Received donation
- Waitomo Safer Community Council, Received donation
- North Waikato Aquatic Trust, Received donation