✨ Financial Statements
NEW ZEALAND GAZETTE, No. 100
13 SEPTEMBER 2007
Less current liabilities:
Sundry creditors
52,257
49,124
Donations approved not yet paid
5
1,109,300
658,448
Total current liabilities
1,161,557
707,572
Working capital
(1,135,797)
(509,659)
Add non current assets—
Fixed assets:
Property
2,368,548
1,364,104
Plant and equipment
58,392
37,956
Total fixed assets
2,426,940
1,402,060
Managed funds investments:
– New Zealand debt
15,632,460
18,250,685
– New Zealand/Australian equity
6,568,720
5,869,443
– Offshore debt
7,099,475
6,679,163
– Offshore equity
12,445,750
10,426,925
Total managed funds
41,746,405
41,226,216
Net assets
43,037,548
42,118,617
Signed on behalf of the board of trustees:
NICOLA HORNSEY, Trustee.
Date: 23 March 2007.
Statement of Cash Flows for the Year Ended 31 March 2007
| 2007 $ | |
|---|---|
| Cash flows from operating activities— | |
| Cash was provided from: | |
| Interest on deposits | 494 |
| Operating income | 33,899 |
| Donations received | 46,489 |
| 80,882 | |
| Cash was applied to: | |
| Suppliers of goods and services (net of GST) | (202,749) |
| Donations paid | (587,309) |
| (790,058) | |
| Net cash flows from operating activities | (709,176) |
| 2006 $ | |
|---|---|
| Cash flows from operating activities— | |
| Cash was provided from: | |
| Interest on deposits | 403 |
| Operating income | 40,936 |
| Donations received | – |
| 41,339 | |
| Cash was applied to: | |
| Suppliers of goods and services (net of GST) | (619,479) |
| Donations paid | (625,993) |
| (1,245,472) | |
| Net cash flows from operating activities | (1,204,133) |
| 2007 $ | |
|---|---|
| Cash flows from investing activities— | |
| Cash was provided from: | |
| Withdrawal of managed funds | 1,790,883 |
| Sale of fixed assets | 3,907 |
| 1,794,790 | |
| Cash was applied to: | |
| Fixed assets | (1,095,738) |
| Net cash flows from investing activities | 699,052 |
| Increase/(decrease) in cash held | (10,124) |
| Add opening cash 1 April 2006 | 26,609 |
| Cash as at 31 March 2007 | 16,485 |
| 2006 $ | |
|---|---|
| Cash flows from investing activities— | |
| Cash was provided from: | |
| Withdrawal of managed funds | 2,568,068 |
| Sale of fixed assets | – |
| 2,568,068 | |
| Cash was applied to: | |
| Fixed assets | (1,360,423) |
| Net cash flows from investing activities | 1,207,645 |
| Increase/(decrease) in cash held | 3,512 |
| Add opening cash 1 April 2006 | 23,097 |
| Cash as at 31 March 2007 | 26,609 |
Comprised of—
Westpac Bank:
Current account
| 2007 | 2006 |
|---|---|
| 16,485 | 26,609 |
Reconciliation of Net Surplus and Net Cash Flows From Operating Activities
| 2007 $ | |
|---|---|
| Net surplus transferred to equity | 1,911,182 |
| Plus Donations returned | 18,500 |
| Donations received | 46,489 |
| Less Donations approved | (1,056,661) |
| Prior period tax | (579) |
| 918,931 |
| 2006 $ | |
|---|---|
| Net surplus transferred to equity | 5,899,410 |
| Plus Donations returned | 4,300 |
| Donations received | – |
| Less Donations approved | – |
| Prior period tax | (1,056,741) |
| 4,846,969 |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2007, No 100
Gazette.govt.nz —
NZ Gazette 2007, No 100
✨ LLM interpretation of page content
💰
Statement of Financial Performance for the Year Ended 31 March 2007
(continued from previous page)
💰 Finance & Revenue23 March 2007
Financial Performance, Liabilities, Assets, Managed Funds, Working Capital
- NICOLA HORNSEY, Trustee
💰 Statement of Cash Flows for the Year Ended 31 March 2007
💰 Finance & RevenueCash Flows, Operating Activities, Investing Activities, Donations, Fixed Assets
💰 Reconciliation of Net Surplus and Net Cash Flows From Operating Activities
💰 Finance & RevenueNet Surplus, Donations, Tax, Equity