✨ Financial Statements




2938 NEW ZEALAND GAZETTE, No. 105 29 AUGUST 2014

ASB COMMUNITY TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2014

3. FIXED ASSETS

GROUP AND TRUST

Land (Valuation) Buildings (Valuation) Work in Progress (Cost) Office Equipment, Plant and Furniture (Cost) Total
Cost/ Revaluation
Opening Balance at 1 April 2012 1,906 155 2,152 457 4,670
Additions - - 5,143 100 5,243
Transfers 576 4,595 (7,249) 2,078 -
Disposals and Derecognition - (151) (46) (16) (213)
Revaluations (62) (299) - - (381)
Closing Balance at 31 March 2013 2,400 4,300 - 2,619 9,319
Opening Balance at 1 April 2013 2,400 4,300 - 2,619 9,319
Additions - 152 36 58 246
Transfers - - - - -
Disposals and Derecognition - - - (58) (58)
Revaluations - (152) - - (152)
Closing Balance at 31 March 2014 2,400 4,300 36 2,619 9,355

Depreciation

Land Buildings Work in Progress Office Equipment, Plant and Furniture Total
Opening Balance at 1 April 2012 - - - 317 317
Depreciation for year - 13 - 108 121
Disposals - - - (16) (16)
Closing Balance at 31 March 2013 - 13 - 409 422
Opening Balance at 1 April 2013 - 13 - 409 422
Depreciation for year - 51 - 291 342
Disposals - - - (57) (57)
Closing Balance at 31 March 2014 - 64 - 643 707

Carrying amounts

| Balance at 31 March 2013 | 2,400 | 4,287 | - | 2,210 | 8,897 |
| Balance at 31 March 2014 | 2,400 | 4,236 | 36 | 1,976 | 8,648 |



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Online Sources for this page:

Gazette.govt.nz PDF NZ Gazette 2014, No 105





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πŸ’° ASB Community Trust Financial Statements (continued from previous page)

πŸ’° Finance & Revenue
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