β¨ Financial Statements
2332 NEW ZEALAND GAZETTE, No. 87 21 JULY 2010
EASTERN AND CENTRAL COMMUNITY TRUST INC
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 MARCH 2010
| 2010 $ | 2009 $ | |
|---|---|---|
| REVENUE | ||
| Gain/(Loss) from Investments (note 4) | 30,340,245 | (11,065,440) |
LESS EXPENSES
| 2010 $ | 2009 $ | |
|---|---|---|
| Administrative Expenses (note 5) | 508,925 | 603,716 |
| Personnel Expenses (note 5) | 577,205 | 613,638 |
| Net Community Donations (note 10) | 5,249,840 | 5,715,702 |
| TOTAL EXPENSES | 6,335,971 | 6,933,056 |
| NET GAIN/(DEFICIT) | 24,004,274 | (17,998,496) |
| TOTAL COMPREHENSIVE INCOME/(LOSS) FOR THE PERIOD | 24,004,274 | (17,998,496) |
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2010
| 2010 $ | 2009 $ | |
|---|---|---|
| EQUITY AT START OF PERIOD | 115,792,322 | 133,790,818 |
| Comprehensive Income/(Loss) for the period | 24,004,274 | (17,998,496) |
| Total Recognised Revenue and Expenses | 24,004,274 | (17,998,496) |
| EQUITY AT THE END OF PERIOD (note 6) | 139,796,596 | 115,792,322 |
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Financial Statements of Eastern and Central Community Trust Incorporated
(continued from previous page)
π° Finance & RevenueFinancial statements, Community Trusts Act 1999, Eastern and Central Community Trust
NZ Gazette 2010, No 87