✨ Financial Statements
3202 NEW ZEALAND GAZETTE, No. 119 30 AUGUST 2013
THE COMMUNITY TRUST OF SOUTHLAND
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 31 March 2013
20. PROPERTY, PLANT & EQUIPMENT (Cont'd)
| Land | Buildings | Equipment | Furniture & Fittings | Motor Vehicles | Total | |
|---|---|---|---|---|---|---|
| $000 | $000 | $000 | $000 | $000 | $000 | |
| Parent | ||||||
| Cost or Valuation at 31 March 2011 | 375 | 741 | 283 | 161 | 77 | 1,637 |
| Additions/Revaluations | - | - | 4 | 7 | - | 11 |
| Disposals/Revaluations | (15) | (6) | (21) | - | - | (42) |
| Cost or Valuation at 31 March 2012 | 360 | 735 | 266 | 168 | 77 | 1,606 |
| Additions/Revaluations | - | 22 | 61 | - | - | 83 |
| Disposals/Revaluations | - | - | (169) | - | (2) | (171) |
| Cost or Valuation at 31 March 2013 | 360 | 757 | 158 | 168 | 75 | 1,518 |
| Accumulated depreciation at 31 March 2011 | - | 266 | 225 | 152 | 7 | 650 |
| Depreciation | - | 20 | 17 | 2 | 16 | 55 |
| Disposals | - | - | - | - | - | - |
| Accumulated depreciation at 31 March 2012 | - | 286 | 242 | 154 | 23 | 705 |
| Depreciation | - | 22 | 41 | 2 | 16 | 81 |
| Disposals | - | - | (166) | - | (1) | (167) |
| Accumulated depreciation at 31 March 2013 | - | 308 | 117 | 156 | 38 | 619 |
| Net book value 31 March 2012 | $360 | $449 | $24 | $14 | $54 | $901 |
| Net book value 31 March 2013 | $360 | $450 | $41 | $12 | $37 | $900 |
The March 2013 valuation of freehold land and buildings was completed by Chadderton Valuation, an independent valuer (the March 2012 valuation was also completed by Chadderton Valuation). Revaluations take place annually.
21. KEY MANAGEMENT PERSONNEL
The compensation of the Executives, being the key management personnel is set out below:
| Group 2013 | Group 2012 | Parent 2013 | Parent 2012 | |
|---|---|---|---|---|
| $000 | $000 | $000 | $000 | |
| Short term employee benefits | 336 | 316 | 194 | 191 |
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NZ Gazette 2013, No 119
✨ LLM interpretation of page content
💰
Financial Report of the Community Trust of Southland
(continued from previous page)
💰 Finance & RevenueFinancial Statements, Trustees, Community Trust, Southland, Accounting Policies, Goodwill, Cash Flows, Financial Assets, Liabilities, Investments, Unlisted Equities, Listed Equities, Managed Funds, Property, Plant & Equipment, Key Management Personnel