New Zealand Gazette – 2009 – No. 130

Page 3022

✨ Financial Statements

3022

NEW ZEALAND GAZETTE, No. 130

2 SEPTEMBER 2009

THE COMMUNITY TRUST OF SOUTHLAND
NOTES TO & FORMING PART OF THE FINANCIAL STATEMENTS
For the Year Ended 31 March, 2009

12. INVESTMENT IN ASSOCIATES

Name	Percentage Held	Balance Date	Principal Activity
Back Country Foods Limited	42%	31 March	Freeze dried food maker
Tulip International Limited	33%	31 May	Tulip grower
Bush Road Limited	30%	31 March	Vegetable processor
Woodlands Apiary Limited (In Receivership)	49%	31 December	Honey producer

	Group
	2009	2008
	$000	$000
Carrying amount of associates:
Carrying amount at beginning of year	494	517
Equity accounted earnings of associates	(68)	87
Addition/(Disposal) of associates	-	(110)
Dividends received from associates	(20)	-
Reclassification of associates	-	-
	-------	-------
	$406	$494
	-------	-------

13. INVESTMENT IN SUBSIDIARIES

Subsidiaries	Percentage Held	Balance Date	Principal Activity
Southland Community Trust Charities Limited	100%	31 March	Distribution of grants to charitable organisations
Invest South Limited	100%	31 March	Debt funding and equity investments
Invest South Asset Management Limited	100%	31 March	Asset Management

Gazette.govt.nz — NZ Gazette 2009, No 130

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✨ LLM interpretation of page content

💰 Community Trust of Southland Financial Statements (continued from previous page)

Domain💰 Finance & Revenue
KeywordsCommunity Trust, Southland, Financial Statements, Investments, Interest Rates, Listed Entities, Unlisted Entities, Short Term Deposits, Managed Funds, Fund Managers, Alliance Bernstein, AMP Capital Investors, Capital International, First New Zealand Capital, Pacific Investment Management Company (PIMCO), Tyndall Investment Management, Tower Asset Management, Australasian Equities, Overseas Equities, NZ Fixed Interest, Overseas Fixed Interest, Property Equities, Foreign Exchange contracts, Cash, Investment in Associates, Investment in Subsidiaries

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