New Zealand Gazette – 2012 – No. 96

Page 2636

✨ Financial Statements



2636 NEW ZEALAND GAZETTE, No. 96 15 AUGUST 2012

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

16
Reconciliation of the profit for the year with the net cash from operating activities

2012 2011
Profit for the year 2,887 6,789
Adjustments for:
Depreciation 18 23
Unrealised (gain)/loss on investments (3,380) (5,334)
Change in grants payables 167 42
Change in trade and other payables (9) (26)
Net cash from operating activities (317) 1,494

17
Related parties

The Trust held 26 formal meetings during the year. The table below records each trustee’s attendance at these formal meetings and the honorarium and meeting fees paid to each Trustee.

Meeting Attendance Meeting Attendance Honorarium $ Meeting Fees $ Total $
Blanks, Peter (Dillon Committee Chair) 19/20 4 11 15
Brown, Gregg 17/18 2 11 13
Brown, Kenneth (Audit Committee Chair, Appointed 1 June 2011) 16/19 2 7 9
Cleghorn, Bill (Appointed 1 June 2011) 17/19 2 9 11
Cookson, Fred (Retired 30 May 2011) 2/3 1 1 2
Dillon, Mary (Chair) 23/23 8 18 26
Hammond, Karla 16/20 2 11 13
Hawker, Kylie (Appointed 1 June 2011) 13/18 2 6 8
Hudson, Linda (Retired 30 May 2011) 2/2 1 2 3
Kerr, Barry (Retired 30 May 2011) 4/4 1 2 3
Lewis, Pamela 26/26 3 11 14
Mahoney, Jenny (Deputy Chair) 18/21 6 12 18
Mihinui, Roku 14/17 2 8 10
Morris, Steve 16/18 2 7 9
Rea, Tracey (Appointed 1 June 2011) 19/20 2 9 11
Thompson, Paula (Chair, Retired 30 May 2011) 0/2 1 1 2
41 126 167

During the year Trustees and Trust staff attended 173 separate formal and informal meetings and functions.

18
Subsequent events

There are no subsequent events at 31 March 2012 (2011: Nil).

19
Commitments

There was one loan approved during the financial period of $1,000,000 which remains unpaid as at 31 March 2012 to the Tauranga Community Housing Trust.



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Online Sources for this page:

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




✨ LLM interpretation of page content

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

💰 Finance & Revenue
Financial Statements, Financial Instruments, Fair Value, Valuation Methods, Leases, BayTrust

💰 Reconciliation of profit with net cash from operating activities

💰 Finance & Revenue
Profit, Cash Flow, Operating Activities, Depreciation, Investments, Grants, Trade Payables

💰 Related parties and trustee attendance

💰 Finance & Revenue
Trustees, Meetings, Attendance, Honorarium, Meeting Fees
16 names identified
  • Peter Blanks, Dillon Committee Chair, Trustee
  • Gregg Brown, Trustee
  • Kenneth Brown, Audit Committee Chair, Trustee
  • Bill Cleghorn, Trustee
  • Fred Cookson, Trustee
  • Mary Dillon, Chair, Trustee
  • Karla Hammond, Trustee
  • Kylie Hawker, Trustee
  • Linda Hudson, Trustee
  • Barry Kerr, Trustee
  • Pamela Lewis, Trustee
  • Jenny Mahoney, Deputy Chair, Trustee
  • Roku Mihinui, Trustee
  • Steve Morris, Trustee
  • Tracey Rea, Trustee
  • Paula Thompson, Chair, Trustee

💰 Subsequent events

💰 Finance & Revenue
Subsequent Events, Nil Events

💰 Commitments and loans

💰 Finance & Revenue
Loans, Commitments, Community Housing Trust