✨ Financial Statements Notes
24 JULY 2009 NEW ZEALAND GAZETTE, No. 106 2443
THE COMMUNITY TRUST OF WELLINGTON
Notes to the Financial Statements
For the Year Ended 31 March 2009
8. Held-to-Maturity Investments
| 2009 | 2008 | |
|---|---|---|
| $ | $ | |
| ASB Term Deposit - 079 | - | 731,999 |
| ASB Term Deposit - 083 | 500,000 | - |
| BNZ Term Deposit - 03027 | - | 101,384 |
| BNZ Term Deposit - 03034 | 100,000 | - |
| BNZ Term Deposit - 03035 | 200,000 | - |
| BNZ Term Deposit - 03036 | 700,000 | - |
| Total Held-to-Maturity Investments | 1,500,000 | 833,383 |
ASB Bank 083
Maturity Date: 29th June 2009
Interest Rate: 4.10% p.a.
Current Balance: $500,000.00
BNZ 03034
Maturity Date: 30th April 2009
Interest Rate: 3.40% p.a.
Current Balance: $100,000.00
BNZ 03035
Maturity Date: 30th May 2009
Interest Rate: 3.89% p.a.
Current Balance: $200,000.00
BNZ 03036
Maturity Date: 29th June 2009
Interest Rate: 4.28% p.a.
Current Balance: $700,000.00
9. Loans and Receivables
| 2009 | 2008 | |
|---|---|---|
| $ | $ | |
| Karori Wildlife Sanctuary Trust Inc | ||
| Current Portion | 100,000 | 100,000 |
| Term Portion | 1,033,333 | 1,133,333 |
| Total Karori Wildlife Sanctuary Trust Inc | 1,133,333 | 1,233,333 |
The loan is guaranteed by the Wellington City Council. The loan has a repayment term of 15 years which commenced on 1 August 2005. The interest rate is calculated against an agreed formula. The rate for the year under review was 6.7%-8.42%.
Next Page →
NZ Gazette 2009, No 106
✨ LLM interpretation of page content
💰
Notes to the Financial Statements for The Community Trust of Wellington
(continued from previous page)
💰 Finance & RevenueHeld-to-Maturity Investments, Term Deposits, Loans and Receivables, ASB Bank, BNZ, Karori Wildlife Sanctuary Trust, Wellington City Council