β¨ Financial Statements
2098 NEW ZEALAND GAZETTE, No. 75 29 JUNE 2012
TSB Community Trust
Statement of Comprehensive Income
For the year ended 31 March 2012
| Note | 2012 | 2011 | |
|---|---|---|---|
| $ | $ | ||
| Revenue | |||
| Interest | 2 | 774,217 | 649,347 |
| Dividend from TSB Bank Limited | 10,000,000 | 9,050,000 | |
| 10,774,217 | 9,699,347 | ||
| Expenditure | |||
| Audit fees - statutory audit | 10,800 | 10,800 | |
| Other audit fees | 4,265 | 2,956 | |
| Depreciation | 22,644 | 29,555 | |
| Grants | 5,413,159 | 6,295,154 | |
| Personnel | 10 | 270,879 | 223,304 |
| Trustee honoraria | 10 | 62,877 | 71,944 |
| Trustee expenses | 14,840 | 12,935 | |
| Other expenses | 237,730 | 213,434 | |
| 6,037,194 | 6,860,082 | ||
| Net profit for year | 8 | 4,737,023 | 2,839,265 |
| Comprehensive income | |||
| Net comprehensive income | - | - | |
| Total Comprehensive Income | 4,737,023 | 2,839,265 |
These financial statements are to be read in conjunction with the notes on pages 7 to 21.
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β¨ LLM interpretation of page content
π°
TSB Community Trust Financial Statements
(continued from previous page)
π° Finance & RevenueFinancial statements, TSB Community Trust, Community Trusts Act 1999, Income, Expenditure
NZ Gazette 2012, No 75