✨ Financial Statements
STATEMENT OF FINANCIAL PERFORMANCE
FOR THE YEAR ENDED 31 MARCH 2010
| Note | 2010 \$ | 2009 \$ |
|---|
Investment Account
Income
Interest
- Managed Funds: 895,423 | 1,027,453
- Other: 972 | 890
Sundry: 10,000 | 15,625
Dividends
- Managed Funds: 289,800 | 232,946
Total Income: 1,196,195 | 1,276,914
Less Expenses
Direct Investment Expenditure
- Management Fees: 74,831 | 66,528
- Consultancy Fees: 35,896 | 36,874
Total Direct Investment Expenditure: 110,727 | 103,402
Net Income Before Other Operating Expenditure: 1,085,468 | 1,173,512
Less Operating Expenditure
- Advertising: 12,564 | 11,225
- Auditor's Fees: 5,400 | 5,200
- Legal Fees: - | 959
- Postage, Tolls and Fax: 1,315 | 878
- Printing and Stationery: 6,091 | 5,908
- Salary and Wages: 106,562 | 100,829
Professional Fees
-
Accountancy and Advisory: 8,850 | 9,070
-
Project Costs: 18,353 | 3,190
-
Sundry Administration Expenses: 11,798 | 14,788
-
Conference Expenses: 8,669 | 7,145
-
Internal Affairs Department Costs: 438 | 1,601
-
Trust Rental: 7,090 | 6,499
Trustees
- Meeting Expenses: 58,308 | 64,207
- Travel: 12,597 | 11,083
- Honoraria: 20,578 | 20,536
- Trustees Insurance: 1,435 | 1,847
- Trustees Training: 577 | 7,748
Total Operating Expenditure: 280,625 | 272,713
Net Income Before Movement in Managed Funds and Community House Rental Account: 804,843 | 900,799
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NZ Gazette 2010, No 98
✨ LLM interpretation of page content
🏢
Statement of Financial Performance for The Community Trust of Mid & South Canterbury Inc.
(continued from previous page)
🏢 State Enterprises & InsuranceFinancial Performance, Income, Expenses, Investment Account, Managed Funds