✨ Financial Statements




6 JULY 2012 NEW ZEALAND GAZETTE, No. 81 2213

WELLINGTON COMMUNITY TRUST

Notes to the Financial Statements

For the Twelve Months Ended 31 March 2012


5. Other Expenses

2012 $ 2011 $
Audit Fee 8,400 7,500
Depreciation 2,346 3,607
Total Other Expenses 10,746 11,107

6. Property, Plant & Equipment

2012 $ 2011 $
Opening Balance at Cost 44,429 41,323
Purchases - 3,107
Less Accumulated Depreciation (38,360) (36,014)
Net Book Value 6,069 8,416
Depreciation Charge for the Year 2,346 3,607

7. Financial Assets designated as Fair Value through profit or loss:

2012 $ 2011 $
International Equities - OnePath (NZ) Ltd 16,332,075 16,434,651
Australasian Equities - OnePath (NZ) Ltd 4,751,950 7,102,843
Trans Tasman Properties - Mint Asset Management Ltd 4,825,017 4,692,368
International Fixed Interest - Tower Asset Management Ltd 12,335,345 13,228,485
Devon Funds Management Ltd 2,033,640 -
Total 40,278,027 41,458,347

OnePath delegates the international equity investment management to MFS Global Equity. Tower delegates the global bonds management to PIMCO Australia Ltd.



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Online Sources for this page:

Gazette.govt.nz PDF NZ Gazette 2012, No 81





✨ LLM interpretation of page content

πŸ’° Notes to the Financial Statements for Wellington Community Trust (continued from previous page)

πŸ’° Finance & Revenue
Investment Income, Operating Costs, Personnel Expenses, Financial Statements