New Zealand Gazette – 2013 – No. 119

Page 3193

✨ Financial Statements



30 AUGUST 2013 NEW ZEALAND GAZETTE, No. 119 3193

THE COMMUNITY TRUST OF SOUTHLAND

NOTES TO THE FINANCIAL STATEMENTS

For the Year Ended 31 March 2013

4. ADMINISTRATION EXPENSES (Cont’d)

The breakdown of expenses into Investing activity costs and Trust operating costs for the Group for the year ended 31 March 2012 is as follows:

Group Note Investing activity costs Trust operating costs Total Group 2012
Opening inventory of subsidiary 220 - 220
Purchase of materials and consumables 986 - 986
Closing inventory of subsidiary (243) - (243)
Trustees’ fees 24 - 183 183
Directors’ fees - 71 71
Employee entitlements 655 549 1,204
Fund managers’ fees 741 - 741
Depreciation/Amortisation 75 55 130
Bad debts 2 - 2
Impairment provision on investments 236 - 236
Loss on sale of investments 107 - 107
Audit of the financial statements 12 28 40
Other services - Deloitte 31 - 31
Administration expenses 565 480 1,045
3,458 1,295 4,753

The breakdown of expenses into Investing activity costs and Trust operating costs for the Parent for the year ended 31 March 2013 is as follows:

Parent Note Investing activity costs Trust operating costs Total Parent 2013
Trustees’ fees 24 - 192 192
Employee entitlements - 579 579
Fund managers’ fees 729 - 729
Depreciation/Amortisation - 99 99
Audit of the financial statements - 30 30
Administration expenses 729 355 1,984


Next Page →



Online Sources for this page:

Gazette.govt.nz — PDF NZ Gazette 2013, No 119




✨ LLM interpretation of page content

💰 Financial Report of the Community Trust of Southland (continued from previous page)

💰 Finance & Revenue
15 August 2013
Financial Statements, Trustees, Community Trust, Southland, Accounting Policies, Goodwill, Cash Flows, Financial Assets, Liabilities, Investments