✨ Community Trust Financial Statements
2348 NEW ZEALAND GAZETTE, No. 87 21 JULY 2010
EASTERN AND CENTRAL COMMUNITY TRUST INC
Fair Value Hierarchy
The table below analyses financial instruments carried at fair value, by valuation method. All assets are categorised as level 1, these are financial instruments with quoted prices (unadjusted) in active markets.
| Financial Asset | $ |
|---|---|
| Financial assets held for trading | 133,488,732 |
| Derivative financial assets | 809,262 |
| Total Assets | 134,297,994 |
There were no transfers between levels during the year.
15. TRUSTEES’ ATTENDANCE AND REMUNERATION
Trustees’ remuneration for meeting attendance and an annual honorarium is set by the Minister of Finance. Trustees are also reimbursed for travel costs. Details of the Trustees’ attendance and remuneration are:
Attendance Record & Fees of Trustees
| Trustee | Two Day Trust Meetings attended | Sub-Committee Meetings attended | Fees \$ |
|---|---|---|---|
| Barbara Cameron | 3 of 3 | 3 of 3 | 4,670 |
| Bev Edlin | 3 of 3 | 1 of 1 | 5,570 |
| Beverley Fullerton-Smith | 6 of 6 | 18 of 18 | 12,790 |
| Ron Garrod | 6 of 6 | 12 of 13 | 11,470 |
| Pamela Good | 2 of 3 | 3 of 3 | 4,096 |
| John Gordon | 5 of 6 | 14 of 16 | 12,066 |
| Shona Jones | 2 of 3 | 3 of 5 | 3,290 |
| Claire Matthews | 6 of 6 | 19 of 20 | 20,246 |
| Margaret May | 3 of 3 | 6 of 8 | 7,006 |
| Margaret Millard | 2 of 3 | 0 of 1 | 3,950 |
| Bruce Mills | 3 of 3 | 1 of 1 | 5,750 |
| Kaye McAulay | 4 of 6 | 2 of 4 | 7,030 |
| Keith Moretta | 6 of 6 | 5 of 5 | 9,846 |
| James Palmer | 3 of 3 | 11 of 13 | 12,084 |
| Jane Poa | 3 of 3 | 1 of 1 | 5,570 |
| Mere Pohatu | 4 of 6 | 13 of 20 | 11,593 |
| Robyn Rauna | 2 of 3 | 0 of 1 | 3,200 |
| Total Fees | 140,227 |
16. TRUSTEES’ INDEMNITY LIABILITY INSURANCE
Trustees’ indemnity liability insurance of $6,885 ($6,561 – 2009) has been paid by the Trust as approved by the Trustees under the Community Trusts Act 1999.
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NZ Gazette 2010, No 87
✨ LLM interpretation of page content
💰
Notes to the Financial Statements of Eastern and Central Community Trust Incorporated
(continued from previous page)
💰 Finance & Revenue21 July 2010
Financial statements, Community Trusts Act 1999, Eastern and Central Community Trust, Fair Value Hierarchy, Financial assets, Derivative financial assets, Trustees’ attendance, Trustees’ remuneration, Trustees’ indemnity liability insurance
17 names identified
- Barbara Cameron, Trustee attendance and remuneration
- Bev Edlin, Trustee attendance and remuneration
- Beverley Fullerton-Smith, Trustee attendance and remuneration
- Ron Garrod, Trustee attendance and remuneration
- Pamela Good, Trustee attendance and remuneration
- John Gordon, Trustee attendance and remuneration
- Shona Jones, Trustee attendance and remuneration
- Claire Matthews, Trustee attendance and remuneration
- Margaret May, Trustee attendance and remuneration
- Margaret Millard, Trustee attendance and remuneration
- Bruce Mills, Trustee attendance and remuneration
- Kaye McAulay, Trustee attendance and remuneration
- Keith Moretta, Trustee attendance and remuneration
- James Palmer, Trustee attendance and remuneration
- Jane Poa, Trustee attendance and remuneration
- Mere Pohatu, Trustee attendance and remuneration
- Robyn Rauna, Trustee attendance and remuneration