✨ Financial Statements
29 AUGUST 2014
NEW ZEALAND GAZETTE, No. 105
2929
ASB COMMUNITY TRUST
STATEMENTS OF FINANCIAL POSITION AT 31 MARCH 2014
| | NOTE | 2014 Group
| | | $000 | 2013 Group
| | | | $000 | 2014 Trust
| | | | | $000 | 2013 Trust
| | | | | | $000 |
|----------------|------|-----------|-----------|-----------|-----------|
| ASSETS | | | | | |
| Cash at Bank | | 1,911 | 2,794 | 1,911 | 2,784 |
| Investments | 4 | 1,141,180 | 1,097,018 | 1,141,180 | 1,097,018 |
| Fixed Assets | 3 | 8,648 | 8,897 | 8,648 | 8,897 |
| Other Assets | | 892 | 1,113 | 892 | 1,113 |
| TOTAL ASSETS| | 1,152,631 | 1,109,822 | 1,152,631 | 1,109,822 |
| | | | | | |
| LIABILITIES| | | | | |
| Sundry Accounts Payable| | 1,074 | 2,245 | 1,063 | 2,213 |
| Outstanding Grants Payable | 5.2 | 31,344 | 29,839 | 743 | 3,409 |
| Subsidiary Company Current Account | 8 | - | - | 103,416 | 85,201 |
| TOTAL LIABILITIES| | 32,418 | 32,084 | 105,222 | 90,823 |
| NET ASSETS AT 31 MARCH| | 1,120,213 | 1,077,738 | 1,047,409 | 1,018,999 |
Represented by:
| FUNDS | | | | | |
| Original Capital | 6.1 | 579,106 | 579,106 | 579,106 | 579,106 |
| Capital Maintenance Reserve | 6.1 | 327,574 | 314,175 | 327,574 | 314,175 |
| Reserve for Grants | 6.3 | 72,804 | 58,739 | - | - |
| Asset Revaluation Reserve | 6.2 | 359 | 511 | 359 | 511 |
| Retained Surplus | 6.4 | 140,370 | 125,207 | 140,370 | 125,207 |
| FUNDS AT 31 MARCH| | 1,120,213 | 1,077,738 | 1,047,409 | 1,018,999 |
Approved on behalf of the Board:
Chair
Date
Audit, Finance and Risk Committee Chair
Date
The notes on pages 8 to 31 are an integral part of these financial statements.
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NZ Gazette 2014, No 105
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ASB Community Trust Financial Statements
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💰 Finance & RevenueFinancial Statements, Community Trusts, Revenue, Expenses, Grants
- Chair, ASB Community Trust
- Audit, Finance and Risk Committee Chair, ASB Community Trust