✨ Financial Statements Notes
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NEW ZEALAND GAZETTE, No. 81
12 JULY 2010
THE COMMUNITY TRUST OF WELLINGTON
Notes to the Financial Statements
For the Twelve Months Ended 31 March 2010
8. Held-to-Maturity Investments
| 2010 | 2009 | |
|---|---|---|
| $ | $ | |
| ASB Term Deposit - 083 | 515,506 | 500,000 |
| BNZ Term Deposit - 03034 | - | 100,000 |
| BNZ Term Deposit - 03035 | - | 200,000 |
| BNZ Term Deposit - 03036 | - | 700,000 |
| BNZ Term Deposit - 03037 | 467,439 | - |
| BNZ Term Deposit - 03038 | 600,000 | - |
| BNZ Term Deposit - 03039 | 850,000 | - |
| Total Held-to-Maturity Investments | 2,432,945 | 1,500,000 |
ASB Bank 083
Maturity Date: 28 April 2010
Interest Rate: 4.65% p.a.
Current Balance: $515,506.36
BNZ 03037
Maturity Date: 25 April 2010
Interest Rate: 4.60% p.a.
Current Balance: $467,438.86
BNZ 03038
Maturity Date: 15 April 2010
Interest Rate: 4.80% p.a.
Current Balance: $600,000.00
BNZ 03039
Maturity Date: 26 September 2010
Interest Rate: 4.90% p.a.
Current Balance: $850,000.00
9. Loans and Receivables
| 2010 | 2009 | |
|---|---|---|
| $ | $ | |
| Karori Wildlife Sanctuary Trust Inc | ||
| Current Portion | 100,000 | 100,000 |
| Term Portion | 933,333 | 1,033,333 |
| Total Karori Wildlife Sanctuary Trust Inc | 1,033,333 | 1,133,333 |
The Loan is guaranteed by the Wellington City Council. The loan has a repayment term of 15 years which commenced on 1 August 2005. The interest rate is calculated against an agreed formula. The rate for the year under review was 6.7%- 8.42%.
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NZ Gazette 2010, No 81
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Notes to the Financial Statements of the Community Trust of Wellington
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💰 Finance & Revenue7 June 2010
Financial Statements, Notes, Held-to-Maturity Investments, Loans and Receivables