New Zealand Gazette – 2004 – No. 87

Page 2194

✨ Financial Statements



2194

NEW ZEALAND GAZETTE, No. 87

  1. Expenses
    Comprises:
    Audit fees
    Accountancy/secretarial fees
    Consultants – tax
    Consultants – other
    Employee remuneration
    Funds management services
    Investment advisory services
    Statutory reporting
    Trustees fees
    Depreciation – office equipment
    – motor vehicles
    – buildings
    Other expenses

  2. Capital
    Balance at beginning of the year
    Transfer from income
    Balance at the end of the year

  3. Reserves
    Investment fluctuation reserve:
    Balance at beginning of the year
    Transfer from (to) income
    Balance at the end of the year
    Donation reserve:
    Balance at beginning of the year
    Transfer from (to) income
    Less donations paid
    Balance at the end of the year

  4. Taxation
    Net income (deficit) before taxation as per statement of financial performance
    Less:
    Non-assessable income
    Add:
    Non-deductible expenditure
    Non-deductible losses
    Imputation tax credits received and withholding tax deducted
    Adjustment for prior year
    Donations payable
    Assessable income for the year
    Less:
    Loss brought forward
    Assessable income (loss) for tax purposes
    Taxation @ 33%

15 JULY 2004

2004
$’000

2003
$’000

12
31
6
–
236
513
134
10
194
26
12
27
320
1,521

11
31
11
17
218
648
134
10
181
42
17
24
332
1,676

2004
$’000

2003
$’000

198,642
–
198,642

198,642
–
198,642

2004
$’000

2003
$’000

–
9,432
9,432

4,897
(4,897)
–

(9,474)
10,028
554
(554)
–

–
(8,282)
(8,282)
(1,192)
(9,474)

2004
$’000

2003
$’000

19,460

(13,179)

35,016
(15,556)

(7,047)
(20,226)

816
–
232
–
210
1,258
(14,298)

787
13,071
202
(1,578)
123
12,605
(7,621)

(8,234)
(22,532)
–

(2)
(7,623)
–



Next Page →



Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2004, No 87


Gazette.govt.nz — PDF NZ Gazette 2004, No 87




✨ LLM interpretation of page content

💰 Notes to and Forming Part of the Consolidated Financial Statements for The Waikato Community Trust Incorporated (continued from previous page)

💰 Finance & Revenue
15 July 2004
Accounting Policies, Investment Fluctuation Reserve, Donation Reserve, Fixed Assets, Depreciation, Donations, Goods and Services Tax, Investments, Taxation, Currency Translation, Consolidation Method