✨ Financial Statements




WELLINGTON COMMUNITY TRUST

Notes to the Financial Statements

For the Year Ended 31 March 2013


  1. Other Expenses
2013 $ 2012 $
Audit Fees 8,400 8,400
Depreciation 2,186 2,386
Total Other Expenses 10,586 10,746

  1. Property, Plant & Equipment
2013 $ 2012 $
Opening Balance at Cost 44,429 44,429
Purchases 2,494 -
Less Accumulated Depreciation (40,547) (38,360)
Net Book Value 6,376 6,069
Depreciation Charge for the Year 2,186 2,346

  1. Financial Assets designated as Fair Value through profit or loss:
Asset Management Entity 2013 $ 2012 $
OnePath (NZ) Ltd - International Equities 16,015,197 16,332,075
OnePath (NZ) Ltd - Australasian Equities 5,923,981 4,751,950
Colonial First State – Infrastructure Fund 2,153,977 -
Colonial First State – Cash Account 368,590 -
Mint Asset Management Ltd - Trans Tasman Properties 5,864,834 4,825,017
Tower Asset Management Ltd - International Fixed Interest 13,868,059 12,335,345
Devon Funds Management Ltd - Australasian Equities 2,415,641 2,033,640
Total 46,610,279 40,278,027

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



Next Page →



Online Sources for this page:

Gazette.govt.nz PDF NZ Gazette 2013, No 102





✨ LLM interpretation of page content

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

πŸ’° Finance & Revenue
20 June 2013
Financial Statements, Notes, Other Expenses, Property Plant & Equipment, Financial Assets