✨ Financial Statements
THE COMMUNITY TRUST OF SOUTHLAND
STATEMENTS OF COMPREHENSIVE INCOME
For the Year Ended 31 March 2012
| Group | Parent | |||
|---|---|---|---|---|
| Notes | 2012 | 2011 | 2012 | 2011 |
| $000 | $000 | $000 | $000 |
Sales | | 2,330 | 2,079 | - | -
Dividends | | 5,423 | 4,189 | 5,208 | 4,109
Interest | 3 | 3,515 | 3,489 | 3,250 | 3,085
Unrealised Gains / (losses) from change in fair value of managed funds | | (3,412) | 1,152 | (3,412) | 1,152
Realised Gains from change in fair value of managed funds | | 1,171 | 3,756 | 1,171 | 3,756
(Losses) from change in fair value of other investments recognised at FVTPL | | 73 | (111) | - | -
Share of Associates Earnings | | 281 | 9 | 4 | 4
Other income | | - | - | - | -
| | 9,381 | 14,563 | 6,221 | 12,106
Expenses:
Cost of sales | | 963 | 1,013 | - | -
Depreciation | | 130 | 118 | 55 | 51
Bad debts | 2 | 47 | - | - | -
Fund managers fees | | 741 | 754 | 741 | 754
Trustees fees | | 24 | 183 | 194 | 183
Directors fees | | 71 | 78 | - | -
Employee entitlements | | 1,204 | 1,097 | 549 | 459
Administration expenses | 4 | 1,116 | 857 | 508 | 697
Impairment provision on investments | | 181 | 7 | - | -
Loss on sale of investments | | 107 | - | - | -
Other expenses | | - | 97 | 69 | -
| | 4,698 | 4,262 | 2,105 | 2,155
Operating surplus before grants | | 4,683 | 10,301 | 4,116 | 9,951
Grants | 5 | 11,993 | 9,404 | 1,124 | 3,539
Net surplus / (deficit) before taxation | | (7,311) | 897 | 2,992 | 6,412
Taxation expense | 6 | 74 | 105 | - | -
Net surplus / (deficit) after taxation | | (7,385) | 792 | 2,992 | 6,412
Other comprehensive income / (loss) | | (58) | - | (58) | -
Total comprehensive income / (loss) for the year | (7,443) | 792 | (2,934) | 6,412
Surplus / (Deficit) is attributed to:
Equity holders of the parent | 13 | (7,490) | 762 | (2,992) | (6,412)
Minority interest | | 105 | 30 | - | -
| | (7,385) | 792 | (2,992) | 6,412
Total comprehensive income / (loss) is attributed to:
Equity holders of the parent | 13 | (7,548) | 762 | (2,934) | (6,412)
Minority interest | | 105 | 30 | - | -
| | (7,443) | 792 | (2,934) | 6,412
The financial statements should be read with the accompanying notes.
Next Page →
NZ Gazette 2012, No 105
✨ LLM interpretation of page content
💰
Financial Report of the Community Trust of Southland
(continued from previous page)
💰 Finance & Revenue26 July 2012
Financial Report, Community Trust, Southland, 2012, Statements, Notes, Audit