✨ Financial Performance Statement
THE COMMUNITY TRUST OF MID & SOUTH CANTERBURY INC
STATEMENT OF FINANCIAL PERFORMANCE
FOR THE YEAR ENDED 31 MARCH 2012
| Note | 2012 $
| 2011 $
--------|-------------
INVESTMENT ACCOUNT
Income
Interest : Managed Funds | 875,648 | 1,197,618
Interest : Other | 964 | 1,050
Sundry | 500 | 400
Dividends : Managed Funds| 821,729 | 799,012
Total Income | 1,698,841 | 1,998,080
Movement in Managed Funds
New Zealand/Australian Property | 1,733 | 38,609
Offshore Cash and Bonds | 374,638 | 101,323
Offshore Equity | (1,414,095) | (581,450)
New Zealand Cash and Bonds | 35,533 | 541,343
New Zealand/Australian Equity | (1,356,122) | 598,996
Total Income | (342,719) | 2,597,076
Less Expenses :
Direct Investment Expenditure
Management Fees | 92,362 | 108,410
Consultancy Fees | 30,175 | 29,448
Total Direct Investment Expenditure | 122,537 | 137,858
Less Operating Expenditure
Advertising | 12,003 | 12,342
Auditor's Fees | 5,800 | 5,400
Postage, Toils and Fax | 6,057 | 4,030
Printing and Stationery | 7,757 | 6,782
Salary and Wages | 116,839 | 97,392
Professional Fees |
- Accountancy and Advisory | 11,040 | 9,330
- Project Costs | 10,209 | 22,214
- General | 9,779 | 3,997
Sundry Administration Expenses | - Internal Affairs Department Costs | 12,908 | 16,638
| 458 | 252
Conference Expenses | 3,602 | 5,920
Trust Rental | 7,944 | 7,500
Trustees | - Meeting Expenses | 65,910 | 63,761
- Travel | 14,600 | 13,727
- Honoraria | 19,748 | 20,043
Trustees Insurance | 1,610 | 1,510
Trustees Training | 6,487 | 3,001
Total Operating Expenditure | 312,752 | 293,838
Net Income/(Deficit) from Investment Account | (92,570) | 2,165,381
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NZ Gazette 2012, No 100
✨ LLM interpretation of page content
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Statement of Financial Performance for The Community Trust of Mid & South Canterbury Inc
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💰 Finance & RevenueFinancial Performance, Investment Account, Income, Expenses, Managed Funds