✨ Financial Statements
THE WAIKATO COMMUNITY TRUST INCORPORATED
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 MARCH 2013
| | Notes | 2013
NZ$'000 | 2012
NZ$'000 |
|----------------|-------|--------------|--------------|
| Income | | | |
| Investment Income | 4 | 34,460 | 16,404 |
| Rental Income | | 22 | 22 |
| Sundry Income | | — | 2 |
| Total Income | | 34,482 | 16,428 |
| Operating Expenses | | | |
| Employee Remuneration | | (646) | (584) |
| Investment Expenses | | (2,174) | (1,424) |
| Trustee Honorarium | 20 | (194) | (227) |
| Audit Fees | | (19) | (19) |
| Other Expenses | | (586) | (559) |
| Impairment of Property Plant and Equipment | 16 | (111) | — |
| Depreciation | 16 | (64) | (75) |
| Total Operating Expenses | | (3,794) | (2,888) |
| OPERATING SURPLUS BEFORE DISTRIBUTIONS | | 30,688 | 13,540 |
| Distributions | | | |
| Donations | 5 | (6,526) | (6,542) |
| Non Cash Donations | | — | (1) |
| Sponsorships | | (199) | (189) |
| Total Distributions | | (6,725) | (6,732) |
| OPERATING SURPLUS | | 23,963 | 6,808 |
| Other Comprehensive Income | | — | — |
| TOTAL COMPREHENSIVE INCOME FOR THE YEAR | | 23,963 | 6,808 |
These financial statements must be read in conjunction with the notes on pages 8 to 33.
Full NZ IFRS Financial Statements for the year ended 31 March 2013
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NZ Gazette 2013, No 109
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Financial Statements of The Waikato Community Trust Incorporated
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🏢 State Enterprises & InsuranceFinancial statements, Community Trusts Act 1999, Waikato, Income, Expenses, Distributions