THE WAIKATO COMMUNITY TRUST INCORPORATED

NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS

For the year ended 31 March 2009

Liquidity Risk Tables - Financial Liabilities

The following tables detail the Trust’s remaining contractual maturity for its non derivative financial liabilities. The tables have been drawn up based on the undiscounted cash flows of financial liabilities based on the earliest date on which the Trust can be required to pay. The table includes both principal and interest cash flows.

| | Less than 1 year
NZ$'000 | 1-2 Years
NZ$'000 | 2-3 Years
NZ$'000 | More than 3 years
NZ$'000 | Total
NZ$'000 |
|----------------------------|----------------------|-----------------|-----------------|----------------------|---------------|
| 2009 | | | | | |
| Non Interest Bearing Payables | | | | | |
| - Trade & Other Payables | 130 | - | - | - | 130 |
| - Employee Entitlements | 16 | - | - | - | 16 |
| - Donations Payable | 1,423 | - | - | - | 1,423 |
| | 1,569 | - | - | - | 1,569 |

| | Less than 1 year
NZ$'000 | 1-2 Years
NZ$'000 | 2-3 Years
NZ$'000 | More than 3 years
NZ$'000 | Total
NZ$'000 |
|----------------------------|----------------------|-----------------|-----------------|----------------------|---------------|
| 2008 | | | | | |
| Non Interest Bearing Payables | | | | | |
| - Trade & Other Payables | 182 | - | - | - | 182 |
| - Employee Entitlements | 17 | - | - | - | 17 |
| - Donations Payable | 1,414 | 1,080 | - | - | 2,494 |
| | 1,613 | 1,080 | - | - | 2,693 |

17. DONATIONS

On 14 May 2009 the Waikato Times published a list totalling $8,444,700 which showed the donations approved by the Trust during the year ended 31 March 2009.

Less: Future conditional commitments included in above:

| Cambridge BMX Club | (30,000) |
| Cambridge High School | (100,000) |
| Central King Country REAP Society Inc| (20,000) |
| Christian Youth Camps (Inc) | (15,000) |
| Hauraki Rail Trail Trust | (15,000) |
| Hora Hora Marae | (95,000) |
| Huntly Mining & Cultural Museum Society Inc | (41,000) |
| IHC Regional | (20,000) |
| Maungatautari Ecological Island Trust | (50,000) |
| Te Ohaki Marae - Matamata | (12,500) |
| Turangawaewae Kohanga Reo | (8,000) |
| Volunteer Fire Brigade - Athenree | (15,000) |
| Weraroa Marae Trust | (80,000) |
| Whitianga Community Services Trust | (116,000) |
| | (617,500)|