✨ Financial Statements
NEW ZEALAND GAZETTE, No. 172
9 NOVEMBER 2011
ASB COMMUNITY TRUST
STATEMENTS OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 MARCH 2011
| NOTE | Group | Trust | ||
|---|---|---|---|---|
| 2011 | 2010 | 2011 | 2010 | |
| $000 | $000 | $000 | $000 |
| Revenue from Investments | 2 | 105,648 | 236,248 | 105,648 |
| Less: | ||||
| Fund Management, Custodian and Advisory Fees | (1,035) | (1,343) | (1,035) | |
| Investment Margin | 104,613 | 234,905 | 104,613 |
| Other Income | | 2,599 | 2,353 | 2,599 | 2,353 |
| Administration Expenses | 7 | (4,982) | (3,544) | (4,673) | (3,501) |
| Grants committed during the year to community groups | 5.1 | (40,865) | (16,304) | (27,288) | - |
| Grants committed during the year to ASB Community Trust Charitable Purposes Limited for the Māori and Pacific Education Initiative | 5.1 | - | - | - | (7,910) |
| Grants committed during the year to ASB Community Trust Charitable Purposes Limited for granting to community groups in current and future years | 5.1 | - | - | - | (60,690) |
| Grants written back during the year | | 70 | 3,860 | 26 | 3,843 |
| Grant refunds received during the year | | 10 | - | 5 | - |
| SURPLUS FOR THE YEAR | | 61,455 | 221,270 | 75,282 | 169,000 |
| Other Comprehensive Income | | - | - | - | - |
| Total Comprehensive Income for the year | | 61,455 | 221,270 | 75,282 | 169,000 |
The notes are an integral part of these financial statements.
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NZ Gazette 2011, No 172
✨ LLM interpretation of page content
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ASB Community Trust Financial Statements
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💰 Finance & RevenueFinancial Statements, ASB Community Trust, Community Trusts Act 1999