✨ Financial Statements
NEW ZEALAND GAZETTE, No. 84
26 JULY 2007
Statement of Movements in Equity for the Year Ended 31 March 2007
| 2007 | |
|---|---|
| $000 | |
| Equity at 1 April 2006 | 135,940 |
| Net surplus/(deficit) for the year | 162 |
| 136,102 |
| 2006 | |
|---|---|
| $000 | |
| Equity at 1 April 2006 | 123,329 |
| Net surplus/(deficit) for the year | 268 |
| 123,597 |
Less grants paid from capital:
| Grants round | (85) |
| Dillon Scholarship | (77) |
| Increase in income fluctuation reserve | 3,030 |
| Increase in inflation and population growth reserve | 4,985 |
| Equity at 31 March 2007 | 143,955 |
| Grants round | (184) |
| Dillon Scholarship | (84) |
| Increase in income fluctuation reserve | 9,034 |
| Increase in inflation and population growth reserve | 3,577 |
| Equity at 31 March 2007 | 135,940 |
The accompanying notes form part of these financial statements.
Statement of Financial Position as at 31 March 2007
| Note | 2007 | |
|---|---|---|
| $000 | ||
| Equity: | ||
| 2 | Trust capital | 89,308 |
| Income fluctuation reserve | 26,949 | |
| Inflation and population growth reserve | 27,698 | |
| Total equity | 143,955 |
| 2006 | ||
|---|---|---|
| $000 | ||
| 2 | Trust capital | 89,308 |
| Income fluctuation reserve | 23,919 | |
| Inflation and population growth reserve | 22,713 | |
| Total equity | 135,940 |
Represented by—
Current assets:
| | 2007 |
|----------------|----------|
| Westpac— | |
| Current account| 37 |
| Bank of New Zealand— | |
| Term deposit | 729 |
| Interest free loans | 408 |
| Accounts receivable | – |
| | 1,174 |
| 2006 | |
|---|---|
| Westpac— | |
| Current account | 14 |
| Bank of New Zealand— | |
| Term deposit | 664 |
| Interest free loans | 430 |
| Accounts receivable | 4 |
| 1,112 |
Non current assets:
| | 2007 |
|----------------|----------|
| Interest free loans | 291 |
| Portfolio investments | 5 |
| 142,717 |
| Fixed assets | 55 |
| Total assets | 143,063 |
| Total | 144,237 |
| 2006 | |
|---|---|
| Interest free loans | 557 |
| Portfolio investments | 5 |
| 135,527 | |
| Fixed assets | 58 |
| Total assets | 136,142 |
| Total | 137,254 |
Current liabilities:
| | 2007 |
|----------------|----------|
| Accounts payable | (267) |
| Employee entitlements payable | (15) |
| Total liabilities | (282) |
| Total net assets | 143,955 |
| 2006 | |
|---|---|
| Accounts payable | (1,298) |
| Employee entitlements payable | (16) |
| Total liabilities | (1,314) |
| Total net assets | 135,940 |
Signed on behalf of the Board of Trustees:
PAULA THOMPSON, Chairperson.
ADRIENNE von TUNZELMANN, Trustee.
Date: 26 June 2007.
The accompanying notes form part of these financial statements.
Statement of Cash Flows for the Year Ended 31 March 2007
| 2007 | |
|---|---|
| $000 |
Cash flows from operating activities—
Cash was provided from:
| Investment income | 6,602 |
| Other | 5 |
| | 6,607 |
| 2006 | |
|---|---|
| $000 | |
| Investment income | 10,743 |
| Other | 4 |
| 10,747 |
Next Page →
Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2007, No 84
Gazette.govt.nz —
NZ Gazette 2007, No 84
✨ LLM interpretation of page content
🏛️
Bay of Plenty Community Trust Incorporated Annual Report for the Year Ended 31 March 2007
(continued from previous page)
🏛️ Governance & Central Administration26 June 2007
Community Trust, Financial Statements, Equity, Grants, Investments
- Paula Thompson, Chairperson
- Adrienne von Tunzelmann, Trustee