β¨ Financial Statements
WELLINGTON COMMUNITY TRUST
Notes to the Financial Statements
For the Year Ended 31 March 2013
- Other Expenses
| 2013 $ | 2012 $ | |
|---|---|---|
| Audit Fees | 8,400 | 8,400 |
| Depreciation | 2,186 | 2,386 |
| Total Other Expenses | 10,586 | 10,746 |
- 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 |
- 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 β Infrastructure Fund | 2,153,977 | - |
| Colonial First State β 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.
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β¨ LLM interpretation of page content
π°
Notes to the Financial Statements of The Community Trust of Wellington
(continued from previous page)
π° Finance & Revenue20 June 2013
Financial Statements, Notes, Other Expenses, Property Plant & Equipment, Financial Assets
NZ Gazette 2013, No 102