✨ Financial Statements
NEW ZEALAND GAZETTE, No. 72
27 JUNE 2012
EASTERN AND CENTRAL COMMUNITY TRUST INC
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 MARCH 2012
| 2012 $\ | 2011 $\ | |
|---|---|---|
| REVENUE | ||
| Realised Income | ||
| Dividend income on held for trading financial assets | 2,135,869 | 3,130,124 |
| Interest income on held for trading financial assets | 3,476,360 | 4,167,833 |
| Gain on derivatives | 1,296,926 | 1,687,914 |
| Gain on disposal on held for trading financial assets | 2,134,788 | 340,512 |
| Sundry income | 5,251 | |
| 9,045,943 | 9,331,634 |
| Unrealised Income (losses) | | |
| Foreign exchange losses | (6,976,846) | (4,393,953) |
| Change in fair value of derivatives | 1,865,789 | (2,402,163) |
| Change in fair value of financial assets held for trading | (5,143,165) | 8,360,125 |
| | (10,454,222) | 1,564,009 |
| TOTAL INCOME FROM INVESTMENTS | (1,408,279) | 10,895,643 |
| LESS EXPENSES | | |
| Administrative Expenses (note 5) | 676,466 | 646,632 |
| Personnel Expenses (note 5) | 667,519 | 629,191 |
| Net Community Donations (note 10) | 4,703,796 | 4,798,337 |
| TOTAL EXPENSES | 6,047,781 | 6,074,160 |
| PROFIT/(LOSS) FOR THE YEAR | (7,456,060) | 4,821,483 |
| TOTAL COMPREHENSIVE INCOME FOR THE YEAR ATTRIBUTABLE TO EQUITY | (7,456,060) | 4,821,483 |
The notes to the Financial Statements form part of and are to be read in conjunction with the above accounts.
Next Page →
NZ Gazette 2012, No 72
✨ LLM interpretation of page content
🏢
Trustees' Annual Report for the Year Ending 31 March 2012
(continued from previous page)
🏢 State Enterprises & Insurance25 May 2012
Governance, Trustees, Board, Sub-committees, Investment Policy, Audit, Risk Management, Special Programmes, Conflicts of Interest, Annual Report