✨ Financial Statements
2944
NEW ZEALAND GAZETTE, No. 104
13 JULY 2011
Statement of comprehensive income
For the year ended 31 March 2011
in New Zealand Dollars ($000's)
| Note | 2011 | 2010 | |
|---|---|---|---|
| Revenue | 5 | 11,413 | 30,522 |
| Portfolio management and advisory fees | 799 | 639 | |
| Profit/(loss) before tax | 10,614 | 29,883 | |
| Other expenses | 6 | 849 | 737 |
| Income tax | 10 | - | - |
| Profit/(loss) for the year | 9,765 | 29,146 | |
| Total comprehensive income | 9,765 | 29,146 |
Statement of changes in equity
For the year ended 31 March 2011
in New Zealand Dollars ($000's)
| Note | 2011 | 2010 | |
|---|---|---|---|
| Trust equity at start of year | 137,218 | 109,437 | |
| Total comprehensive income | 9,765 | 29,146 | |
| Distributions in the form of grants | (2,976) | (1,365) | |
| Movements in equity for the year | 6,789 | 27,781 | |
| Trust equity at end of year | 12 | 144,007 | 137,218 |
The notes on pages 8 to 22 are an integral part of these financial statements.
Next Page →
NZ Gazette 2011, No 104
✨ LLM interpretation of page content
🏢
BayTrust Financial Statements
(continued from previous page)
🏢 State Enterprises & InsuranceFinancial Statements, Revenue, Expenses, Equity, Grants, BayTrust