✨ Financial Statements
21 AUGUST 2008 NEW ZEALAND GAZETTE, No. 131 3437
Other expenses
| 2008 | 2007 | |
|---|---|---|
| Other expenses | 150,688 | 135,391 |
| 6,908,601 | 9,750,407 | |
| Net profit/(loss) | 2,128,638 | (1,592,057) |
Statement of Recognised Income and Expense for the Year Ended 31 March 2008
| Notes | 2008 | 2007 |
|---|---|---|
| Net profit/(loss) | 2,128,638 | (1,592,057) |
| Total recognised income and expenses | 2,128,638 | (1,592,057) |
Balance Sheet as at 31 March 2008
| Notes | 2008 | 2007 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | 3 | 816,921 |
| Trade and other receivables | 4 | 6,312,657 |
| Investments | 5 | 2,064,811 |
| Non-current assets: | ||
| Investments | 5 | 10,000,000 |
| Property, plant and equipment | 6 | 17,755 |
| Total assets | 19,212,144 |
| Current liabilities: | | | |
| Trade and other payables | | 631,073 | 898,549 |
| Share capital and retained earnings: | | | |
| Trust capital | 7 | 10,000,100 | 10,000,100 |
| Retained earnings | 8 | 8,580,971 | 6,452,333 |
| Total liabilities and equity | | 19,212,144 | 17,350,982 |
These financial statements have been issued for and on behalf of the trustees:
COLLEEN TUUTA.
24 June 2008.
ED PARKER.
24 June 2008.
Statement of Cash Flows for the Year Ended 31 March 2008
| Notes | 2008 | 2007 |
|---|---|---|
| Cash flow from operating activities— | ||
| Cash was provided from: | ||
| Interest income | 249,534 | 406,273 |
| Dividend income | 8,085,000 | 7,180,000 |
| 8,334,534 | 7,586,273 | |
| Cash was applied to: | ||
| Operating expenses | 414,698 | 365,980 |
| Grants paid | 6,731,529 | 10,399,493 |
| 7,146,227 | 10,765,473 | |
| Net cash flow from operating activities | 9 | 1,188,307 |
| Cash flow from investing activities— | ||
| Cash was provided from: | ||
| Net decrease in investment securities | – | 3,350,000 |
| Cash was applied to: | ||
| Net increase in investment securities | 2,064,811 | – |
| Property, plant and equipment purchased | 8,084 | 16,862 |
| Net cash flow from investing activities | (2,072,895) | 3,333,138 |
| Net increase in cash | (884,588) | 153,938 |
| Cash and cash equivalents at start of year | 1,701,509 | 1,547,571 |
| Cash and cash equivalents at end of year | 816,921 | 1,701,509 |
Represented by:
| Petty cash | 82 | 50 |
| TSB Bank cheque account | 90,811 | 151,459 |
| TSB Bank reserve interest account | 707 | – |
| TSB Bank term deposits | 725,321 | 1,550,000 |
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NZ Gazette 2008, No 131
✨ LLM interpretation of page content
🏢
TSB Community Trust Income Statement for the Year Ended 31 March 2008
(continued from previous page)
🏢 State Enterprises & InsuranceIncome Statement, Trust, Revenue, Expenditure, Grants, Audit Fees, Depreciation, Personnel, Trustee Honoraria, Trustee Expenses
- COLLEEN TUUTA
- ED PARKER
🏢 Statement of Recognised Income and Expense for the Year Ended 31 March 2008
🏢 State Enterprises & InsuranceIncome, Expense, Financial Statement, Trust
🏢 Balance Sheet as at 31 March 2008
🏢 State Enterprises & InsuranceBalance Sheet, Assets, Liabilities, Equity, Trust
- COLLEEN TUUTA
- ED PARKER
🏢 Statement of Cash Flows for the Year Ended 31 March 2008
🏢 State Enterprises & InsuranceCash Flow, Operating Activities, Investing Activities, Trust