✨ Financial Statements
THE COMMUNITY TRUST OF SOUTHLAND
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 31 March 2013
18. INVESTMENT IN ASSOCIATES
| Associates | Percentage Held | Balance Date | Principal Activity | Consolidated Carrying Amount | ||
|---|---|---|---|---|---|---|
| 2013 | 2012 | 2013 | 2012 | |||
| $ | $ | |||||
| Bush Road Limited | 30% | 30% | 31 March | Vegetable Processors and Wholesalers | 49 | 113 |
| Taha Asia Pacific Limited | 32% | 32% | 31 March | Dross Recycling | 2,281 | 2,073 |
| Benmore Salmon Ltd | 49.85% | - % | 31 March | Salmon Farm | 2,315 | - |
All entities are incorporated in New Zealand.
Interests in associates
| Group | Parent | |||
|---|---|---|---|---|
| 2013 | 2012 | 2013 | 2012 | |
| $'000 | $'000 | $'000 | $'000 |
Movements in carrying amounts
| Shares at cost | 4,494 | 2,000 | - | - |
| Opening Balance | 2,186 | 2,000 | - | - |
| Acquisition of Associates | 2,380 | - | - | - |
| Impairment | (64) | - | - | - |
| Reversal of an Impairment | - | 113 | - | - |
| Share of total recognised revenues and expenses | 143 | 73 | - | - |
| Balance at 31 March 2013 | 4,645 | 2,186 | $Nil | $Nil |
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NZ Gazette 2013, No 119
✨ LLM interpretation of page content
💰
Financial Report of the Community Trust of Southland
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💰 Finance & Revenue15 August 2013
Financial Statements, Trustees, Community Trust, Southland, Accounting Policies, Goodwill, Cash Flows, Financial Assets, Liabilities, Investments, Unlisted Equities, Listed Equities, Managed Funds