✨ Financial Statements Notes
16 AUGUST 2013 NEW ZEALAND GAZETTE, No. 109 2953
THE WAIKATO COMMUNITY TRUST INCORPORATED
NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2013
- DONATIONS PAYABLE
| 2013 | 2012 | |
|---|---|---|
| NZ$'000 | NZ$'000 | |
| Donations Payable | 1,600 | 1,255 |
| 1,600 | 1,255 |
- CONTINGENT LIABILITIES: DONATIONS AND SPONSORSHIPS
Donations that are classified as contingent liabilities at balance date are discretionary donation obligations that are reliant on fulfillment of certain conditions in future years. Sponsorships that are classified as contingent liabilities at balance date are sponsorship contracts which are reliant on fulfillment of certain conditions in future years. The following contingent liabilities exist for donations and sponsorships that have been approved in the current or previous years.
| 2013 | 2012 | |
|---|---|---|
| NZ$'000 | NZ$'000 | |
| Donations | 5,217 | 3,582 |
| Sponsorships | 295 | 45 |
| 5,512 | 3,627 |
Subject to fulfillment of the conditions, the contingent liabilities are payable as follows:
| 2013 | 2012 | |
|---|---|---|
| NZ$'000 | NZ$'000 | |
| Not later than 1 year | 3,315 | 881 |
| Later than 1 year and not later than 5 years | 2,197 | 2,746 |
| 5,512 | 3,627 |
- CASH AND CASH EQUIVALENTS
| 2013 | 2012 | |
|---|---|---|
| NZ$'000 | NZ$'000 | |
| Cash at Bank and On Hand | 869 | 877 |
| 869 | 877 |
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 & Insurance11 July 2013
Financial statements, Community Trusts, Waikato, Donations, Sponsorships, Contingent Liabilities, Cash Equivalents