β¨ Financial Statements
24 AUGUST 2011 NEW ZEALAND GAZETTE, No. 132 3635
THE COMMUNITY TRUST OF MID & SOUTH CANTERBURY INC
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2011 (Continued)
| Note | 2011 $ | 2010 $ |
|---|
Reconciliation of Net Surplus and Net Cash Flows
From Operating Activities
Net Surplus / (Deficit) Transferred to Equity 2,110,053 7,561,615
Plus Donations Returned 84,243 98,435
Less Donations Approved (1,045,623) (1,073,162)
1,148,673 6,586,888
Plus/(Less) Non Cash Items
Managed Funds Gains/(Losses) (2,487,216) (7,952,922)
Depreciation and Loss on Sale 73,588 76,126
(2,413,628) (7,876,796)
(1,264,955) (1,289,908)
Movements in Working Capital
Increase/(Decrease) in Donations Approved not yet Paid 70,293 150,390
Increase/(Decrease) in Creditors (11,706) 20,684
(Increase)/Decrease in GST (2,644) (2,287)
(Increase)/Decrease in Sundry Debtors (440) (11,068)
Movements in Working Capital 55,503 157,719
Net Cash Flow from Operating Activities
(1,209,452) (1,132,189)
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Financial Statements of The Community Trust of Mid & South Canterbury Inc
(continued from previous page)
π° Finance & Revenue3 August 2011
Financial Statements, Community Trusts, Mid & South Canterbury, Cash Flows
NZ Gazette 2011, No 132