✨ Financial Statements Notes




2484 NEW ZEALAND GAZETTE, No. 93 2 AUGUST 2010

Notes to the financial statements

20 Reconciliation of the profit for the period with the net cash from operating activities

Note Group
2010
Profit/(loss) for the year 59,790

Adjustments for:

| Depreciation | 69 | 99 |
| Loss on disposal of property, plant and equipment | 355 | - |
| Change in fair value of investment property | 1,530 | 1,814 |
| Managed funds income (gains)/losses | (43,160) | 50,821 |
| Change in trade and other receivables | (306) | 567 |
| Change in trade and other payables | (67) | 6 |
| Net cash from operating activities | 18,211 | 26,774 |

21 Related parties

Transaction with key management personnel

Key management personnel compensation

Key management personnel compensation comprised:

| | Group |
| | 2010 | 2009 |
| Salaries and trustee fees | 345 | 335 |

22 Group entities

Significant subsidiaries

| | Country of ownership incorporation | Interest (%) |
| | Group |
| | 2010 | 2009 |
| Canterbury Trust House Limited | New Zealand | 100% | 100% |
| Canterbury Community Trust Charities Limited | New Zealand | 100% | 100% |
| Canterbury Direct Investments Limited | New Zealand | 100% | 100% |
| Amateur Game or Sport Promoter Limited | New Zealand | 100% | 100% |
| District Improvement Organisation Limited | New Zealand | 100% | 100% |



Next Page →



Online Sources for this page:

Gazette.govt.nz PDF NZ Gazette 2010, No 93





✨ LLM interpretation of page content

πŸ’° Canterbury Community Trust Financial Statements Notes (continued from previous page)

πŸ’° Finance & Revenue
5 July 2010
Reconciliation, Profit, Operating Activities, Depreciation, Investment Property, Managed Funds, Trade Receivables, Trade Payables, Related Parties, Key Management Personnel, Subsidiaries, Canterbury Trust House Limited, Canterbury Community Trust Charities Limited, Canterbury Direct Investments Limited, Amateur Game or Sport Promoter Limited, District Improvement Organisation Limited