New Zealand Gazette – 2012 – No. 96

Page 2629

✨ Financial Statements

15 AUGUST 2012 NEW ZEALAND GAZETTE, No. 96 2629

Notes to the financial statements (continued)
in New Zealand Dollars (000’s)

Contingent liabilities

The following conditional future grants have been approved but are subject to the applicants satisfying specific criteria in each case:

Grants recipient	2012	2011
Sports Bay of Plenty	500	-
Energy Options Charitable Company Limited	400	-
The Lake Taupo Arts Festival	10	-
Tauranga Jazz Society Incorporated	10	-
Total	920	-

Property, plant and equipment

Note	Furniture & fittings	Office equipment	Motor vehicle	Total
Cost
Balance at 1 April 2010	60	55	-	115
Additions	-	15	32	47
Disposals	-	(15)	-	(15)
Balance as at 31 March 2011	60	55	32	147

| Balance at 1 April 2011 | 60 | 55 | 32 | 147 |
| Additions | 7 | 8 | - | 15 |
| Disposals | (1) | (10) | - | (11)|
| Balance as at 31 March 2012 | 66 | 53 | 32 | 151 |

| Depreciation | | | | |
| Balance at 1 April 2010 | 36 | 45 | - | 81 |
| Depreciation for the year | 4 | 9 | 9 | 22 |
| Disposals | - | (14) | - | (14)|
| Balance as at 31 March 2011 | 40 | 40 | 9 | 89 |

| Balance at 1 April 2011 | 40 | 40 | 9 | 89 |
| Depreciation for the year | 4 | 8 | 7 | 19 |
| Disposals | - | (10) | - | (10)|
| Balance as at 31 March 2012 | 44 | 38 | 16 | 98 |

| Carrying amounts | | | |
| At 1 April 2010 | 24 | 11 | - | 35 |
| At 31 March 2011 | 20 | 15 | 23 | 58 |
| At 1 April 2011 | 20 | 15 | 23 | 58 |
| At 31 March 2012 | 23 | 15 | 16 | 54 |

Gazette.govt.nz — NZ Gazette 2012, No 96

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

✨ LLM interpretation of page content

💰 Statement of financial position for BayTrust (continued from previous page)

Domain💰 Finance & Revenue
KeywordsFinancial Statements, Contingent Liabilities, Property, Plant and Equipment, Depreciation, BayTrust

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