✨ Financial Statements
2890 NEW ZEALAND GAZETTE, No. 104 29 AUGUST 2014
THE COMMUNITY TRUST OF SOUTHLAND
STATEMENTS OF FINANCIAL POSITION
As at 31 March 2014
| Notes | Group | Parent | ||
|---|---|---|---|---|
| 2014 | 2013 | 2014 | 2013 | |
| $000 | $000 | $000 | $000 |
Current Assets
- Cash and cash equivalents | 1,493 | 1,601 | 959 | 886 |
- Accounts receivable | 10 | 303 | 513 | 6 | 10 |
- Inventories | 11 | 430 | 394 | - | - |
- Prepayments | | 10 | 9 | 10 | 9 |
- GST refund due | | 39 | 32 | 15 | 15 |
- Loan receivables | 14 | 1,040 | 738 | 10 | 75 |
- Taxation refund due | 6 | 8 | 81 | - | - |
- Deposit paid on asset | | - | 597 | - | - |
Total Current Assets | 3,323 | 3,965 | 1,000 | 995 |
Non-Current Assets
- Investment in managed funds | 16 | 180,832 | 179,082 | 180,832 | 179,082 |
- Investment in associates | 17 | 2,566 | 4,645 | - | - |
- Investment in subsidiaries | 18 | - | - | - | - |
- Investment in listed equities | 15 | 1,117 | 496 | 1,117 | 496 |
- Investment in unlisted equities | 15 | 4,987 | 5,345 | 107 | 125 |
- Loan receivables | 14 | 1,847 | 3,049 | 281 | 760 |
- Related party advances | 29 | - | - | 11,420 | 9,168 |
- Goodwill | 13 | 33 | 33 | - | - |
- Intangibles | | 4 | 2 | - | - |
- Property, plant and equipment | 19 | 1,868 | 1,304 | 889 | 900 |
Total Non-Current Assets | 193,254 | 193,956 | 194,646 | 190,531 |
Total Assets | 196,577 | 197,921 | 195,646 | 191,526 |
Current Liabilities
- Accounts payable | | 252 | 740 | 60 | 36 |
- Accruals | | 175 | 193 | 72 | 103 |
- Employee entitlements | | 60 | 74 | 34 | 33 |
- Grant obligations | 9 | 9,715 | 10,189 | 1,451 | 1,843 |
- Term loans | 23 | 592 | - | - | - |
Total Current Liabilities| 10,794 | 11,196 | 1,617 | 2,015 |
Non-current Liabilities
- Grant obligations | 9 | 3,032 | 6,262 | 1,178 | 1,863 |
- Term loans | 23 | - | 200 | - | - |
Total Non-Current Liabilities | 3,032 | 6,462 | 1,178 | 1,863 |
Total Liabilities | 13,826 | 17,658 | 2,795 | 3,878 |
NET ASSETS | $182,751 | $180,263 | $192,851 | $187,648 |
Funds Employed
- Trust capital | 7 | 158,460 | 158,460 | 158,460 | 158,460 |
- Reserves | 8 | 23,970 | 21,515 | 34,391 | 29,188 |
Equity attributable to equity holders of parent | 182,430 | 179,975 | 192,851 | 187,648 |
- Minority interests | 12 | 321 | 288 | - | - |
TOTAL FUNDS EMPLOYED | $182,751 | $180,263 | $192,851 | $187,648 |
The financial statements should be read with the accompanying notes.
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NZ Gazette 2014, No 104
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Community Trust of Southland Financial Report
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💰 Finance & RevenueFinancial report, Community Trust, Southland, Statements of Changes in Equity