New Zealand Gazette – 2009 – No. 29

Page 773

✨ Financial Statements



10 MARCH 2009
NEW ZEALAND GAZETTE, No. 29
773

THE COMMUNITY TRUST OF SOUTHLAND

NOTES TO & FORMING PART OF THE FINANCIAL STATEMENTS

For the Year Ended 31 March, 2008

8. DATABASE DEVELOPMENT

The combined Community Trusts throughout New Zealand are considering jointly developing a shared database, to be used across all of the 12 Community Trusts. Database Development costs are the Group’s share of the preliminary costs incurred on this joint project until 31 March 2008.

9. INVESTMENTS OTHER

Interest Rate Group 2008 $'000 Group 2007 $'000 Parent 2008 $'000 Parent 2007 $'000
Investments at amortised cost (i) 2,029 510 49 133
Investments in shares at fair value (ii) 171 100 - -
$2,200 $610 $49 $133

(i) Investments at amortised cost

Interest Rate Group 2008 $'000 Group 2007 $'000 Parent 2008 $'000 Parent 2007 $'000
Westpac on call 7.70% 49 133 49 133
National Bank 8.62% 861 - - -
SBS 8.74% 742 - - -
Back Country Foods Ltd RP Shares - 25 25 - -
South Canterbury Finance RP Shares 10.25% 344 250 - -
ASB RP Shares 7.65% - 100 - -
Back Country Foods Ltd advance - 3 3 - -
Bushroad Ltd advance - 5 - - -
$2,029 $511 $49 $133

(ii) Investments in shares at fair value

Group 2008 $'000 Group 2007 $'000 Parent 2008 $'000 Parent 2007 $'000
Shares - Pacific Edge Biotechnology Ltd 80 100 - -
Shares - Clocktower Games Ltd 91 - - -
$171 $100 $Nil $Nil

The investments in shares at fair value are valued at their quoted bid price at balance date.



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Gazette.govt.nz — PDF NZ Gazette 2009, No 29




✨ LLM interpretation of page content

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

💰 Finance & Revenue
26 November 2008
Financial Statements, Community Trust, Southland, Interest, Administration Expenses, Auditors Fees, Grants, Taxation