✨ Financial Statements
2728
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
| 2010 | 2009 | |
|---|---|---|
| NZ$'000 | NZ$'000 | |
| Buildings | ||
| Cost | ||
| Balance at 1 April | 1,195 | 1,025 |
| Add additions | 21 | 170 |
| Less disposals | - | - |
| Balance at 31 March | 1,216 | 1,195 |
| Accumulated Depreciation | ||
| Balance at 1 April | 342 | 306 |
| Depreciation Expense | 40 | 36 |
| Balance at 31 March | 382 | 342 |
| Net Book Value 31 March | 834 | 853 |
| 2010 | 2009 | |
|---|---|---|
| NZ$'000 | NZ$'000 | |
| Land | ||
| Cost | ||
| Balance at 1 April | 844 | 844 |
| Add additions | - | - |
| Less disposals | - | - |
| Balance at 31 March | 844 | 844 |
| 2010 | 2009 | |
|---|---|---|
| NZ$'000 | NZ$'000 | |
| Total Property Plant & Equipment | ||
| Cost | ||
| Balance at 1 April | 3,356 | 3,070 |
| Add additions | 24 | 378 |
| Less disposals | - | (92) |
| Balance at 31 March | 3,380 | 3,356 |
| Accumulated Depreciation | ||
| Balance at 1 April | 596 | 575 |
| Less disposals | - | (75) |
| Depreciation Expense | 83 | 96 |
| Balance at 31 March | 679 | 596 |
| Net Book Value at 31 March | 2,701 | 2,760 |
(i) There are no items of property, plant, and equipment which are not in current use.
(ii) There have been no impairment losses recognised or reversed in the current period.
(iii) There are no restrictions in title relating to property, plant, and equipment or items pledged as security for liabilities.
The carrying value of rental properties has been disclosed in note 19.
Next Page →
NZ Gazette 2010, No 101
✨ LLM interpretation of page content
🏢
Financial Statements of the Waikato Community Trust
(continued from previous page)
🏢 State Enterprises & InsuranceFinancial Statements, Property, Plant & Equipment, Office Equipment, Motor Vehicles, Art and Artefacts