✨ Financial Statements




THE WAIKATO COMMUNITY TRUST INCORPORATED

NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2013


Investments Managed by Fund Managers

2013 Strategic Asset Allocation % 2013 NZ$'000 2012 Strategic Asset Allocation % 2012 NZ$'000
Growth Assets
Global Equities
25 25
Vanguard Investments Australia Ltd 47,246 44,299
Generation Investment Management LLP 26,217 23,216
73,463 67,515
Australasian Equities
10 15
OnePath (NZ) Ltd 31,243 27,632
Milford Asset Management Ltd 17,055 12,919
48,298 40,551
Private Equity
5 -
Pencarrow Private Equity Ltd 334 -
334 -
Unlisted Property
10 10
QIC Ltd 27,395 26,242
27,395 26,242
Infrastructure
10 10
HRL Morrison & Co PIP Ltd 2,198 2,031
Hastings Funds Management Ltd 20,173 18,386
22,371 20,417

| Income Assets |
| New Zealand Fixed Interest |
| | 10 | | 10 | |
| OnePath (NZ) Ltd | | 26,972 | | 25,882 |
| | | 26,972 | | 25,882 |

| Global Fixed Interest |
| | 25 | | 25 | |
| PIMCO Global Advisors (Ireland) Ltd | | 36,458 | | 33,480 |
| Wellington Management Company LLP (Dublin) | | - | | 30,807 |
| Wellington Management Company LLP (Luxembourg) | | - | | - |
| | | 32,047 | | 64,287 |

| New Zealand Cash |
| | 5 | | 5 | |
| OnePath (NZ) Ltd | | 15,347 | | 12,591 |
| | | 15,347 | | 12,591 |

| Investments at Fair Value |
| | 100% | 282,685 | 100% | 257,485 |

The Trustees have agreed to a strategic asset allocation of 5% to Global Credit, with a corresponding decrease in the allocation to Global Fixed Interest. At balance date this allocation had not yet been implemented.

Investments are valued at fair value through profit or loss. The basis of the fair value of financial assets has been disclosed in Note 3.9.2.

Full NZ IFRS Financial Statements for the year ended 31 March 2013



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Online Sources for this page:

Gazette.govt.nz PDF NZ Gazette 2013, No 109





✨ LLM interpretation of page content

🏒 Financial Statements of The Waikato Community Trust Incorporated (continued from previous page)

🏒 State Enterprises & Insurance
11 July 2013
Financial statements, Community Trusts, Waikato, Investments, Asset Allocation, Fair Value