✨ Financial Statements
THE COMMUNITY TRUST OF SOUTHLAND
STATEMENTS OF COMPREHENSIVE INCOME
For the Year Ended 31 March 2014
| Group | Parent | |||
|---|---|---|---|---|
| 2014 | 2013 | 2014 | 2013 | |
| $'000 | $'000 | $'000 | $'000 | |
| Notes | ||||
| Sales (by subsidiary) | 2,603 | 2,450 | - | - |
| Dividends | 4,786 | 7,705 | 4,572 | 7,320 |
| Interest | 2,890 | 3,127 | 3,073 | 3,050 |
| Unrealised gains/(losses) | ||||
| from change in fair | ||||
| value of managed funds | (419) | 10,483 | (419) | 10,483 |
| Realised gains from | ||||
| change in fair value of | ||||
| managed funds | 1,849 | 1,229 | 1,850 | 1,228 |
| Other income | 80 | 267 | 4 | 4 |
| 11,789 | 25,261 | 9,080 | 22,085 |
| Plus share of associates |
| earnings | 252 | 143 | - | - |
| Less investing activity |
| expenses | 4,286 | 3,237 | 1,229 | 729 |
| Net Surplus from |
| Investing Activities | 7,755 | 22,167 | 7,851 | 21,356 |
| Trust expenses | 1,209 | 1,255 | 1,209 | 1,255 |
| Operating Surplus |
| before Grants | 6,546 | 20,912 | 6,642 | 20,101 |
| Grants | 4,289 | 6,482 | 1,745 | 2,549 |
| Discount on interest |
| free loans | (313) | 360 | (306) | 350 |
| Net Surplus before |
| Taxation | 2,570 | 14,070 | 5,203 | 17,202 |
| Taxation expense | 57 | 104 | - | - |
| Net Surplus after |
| Taxation | 2,513 | 13,966 | 5,203 | 17,202 |
| Other comprehensive |
| income | - | 22 | - | 22 |
| Total Comprehensive |
| Income for the Year | $2,513 | $13,988 | $5,203 | $17,224 |
| Surplus is attributed to:|
| Equity holders of the |
| parent | 2,455 | 13,859 | 5,203 | 17,202 |
| Minority interest | 58 | 107 | - | - |
| | $2,513 | $13,966 | $5,203 | $17,202 |
| Total Comprehensive |
| Income is attributed |
| to: | | | | |
| Equity holders of the |
| parent | 2,455 | 13,881 | 5,203 | 17,224 |
| Minority interest | 58 | 107 | - | - |
| | $2,513 | $13,988 | $5,203 | $17,224 |
The financial statements should be read with the accompanying notes.
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NZ Gazette 2014, No 104
✨ LLM interpretation of page content
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Community Trust of Southland Financial Report
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💰 Finance & RevenueFinancial report, Community Trust, Southland, Statements of Comprehensive Income, Statements of Changes in Equity, Statements of Financial Position, Statements of Cash Flows, Notes to the Financial Statements, Independent Auditor's Report