✨ Financial Statements
2726 NEW ZEALAND GAZETTE, No. 101 13 AUGUST 2010
THE WAIKATO COMMUNITY TRUST INCORPORATED
NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS
For the year ended 31 March 2010
9. TRADE & OTHER RECEIVABLES
| 2010 | 2009 | |
|---|---|---|
| NZ$'000 | NZ$'000 | |
| GST | 10 | 17 |
| 10 | 17 |
The average credit period on GST is 30 days, no interest is charged on outstanding balances. The Trust does not hold any collateral over these balances.
The carrying value of trade receivables approximates their fair values.
10. FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS
| 2010 | 2009 | |
|---|---|---|
| NZ$'000 | NZ$'000 | |
| Global Equities (note 15) | 74,412 | 37,295 |
| NZ Fixed Interest and Cash (note 15) | 39,254 | 81,061 |
| NZ Equities (note 15) | 25,294 | 13,168 |
| Global Fixed Interest (note 15) | 101,835 | 70,378 |
| 240,795 | 201,902 |
The fair value of financial instruments traded in active markets (such as publicly traded securities) is based on quoted market prices at the balance sheet date. The quoted market price use for financial assets held by the Trust is the current bid price.
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NZ Gazette 2010, No 101
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Financial Statements of the Waikato Community Trust
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🏢 State Enterprises & InsuranceFinancial Statements, Trade Receivables, Financial Assets, Fair Value, GST, Global Equities, NZ Fixed Interest, NZ Equities, Global Fixed Interest