✨ Financial Reports




15 MAY 2014 NEW ZEALAND GAZETTE, No. 48 1383

Financial Performance

for the year ended 30 June 2013

2012 2013
$000's $000's
Per Audited Accounts

Income from research contracts, analytical services, 21,049 consultancy & other scientific projects, lease income and other income

| Expenses including depreciation | (20,317) | (20,527) |

| Net operating surplus | 732 | 1,596 |

| Enterprising Partnership Fund income | 111 | 272 |

| Divestment Costs | (35) | 2,168 |

| Net surplus | 808 | 4,036 |

| Community initiatives | (152) | (131) |

| Trust Surplus | 656 | 3,905 |

Financial Position

as at 30 June 2013

2012 2013
$000's $000's
Per Audited Accounts

The Institute's Trust Capital is represented by;

| Trust capital | 1,756 | 1,755 |
| Special bequests | 141 | 142 |
| Trust investment funds | 400 | 400 |
| Reserves and provisions | 5,355 | 5,355 |
| Accumulated funds | 8,891 | 12,526 |

| Total Trust Capital | 16,542 | 20,178 |

Trust Capital funds the following Net Assets;

| Working capital | 76 | 265 |
| Fixed assets | 16,204 | 19,625 |
| Long term liabilities | (178) | (152) |
| Trust investments | 440 | 440 |

| Total Net Assets | 16,542 | 20,178 |

Movement in Equity

for the year ended 30 June 2013

2012 2013
$000's $000's
Per Audited Accounts

| Opening balance | 11,495 | 16,542 |
| Trust Surplus | 656 | 3,905 |
| Trust Board Distribution | (163) | (270) |
| Revaluation of assets | 4,559 | 0 |
| Bequests movement | (5) | 1 |

| Closing Balance | 16,542 | 20,178 |

R. DICKINSON, Chairman.
Audited by Crowe Howarth New Zealand Audit Partnership.



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Online Sources for this page:

Gazette.govt.nz PDF NZ Gazette 2014, No 48





✨ LLM interpretation of page content

πŸŽ“ Cawthron Institute Financial Performance and Position

πŸŽ“ Education, Culture & Science
Financial Reports, Annual Accounts, Cawthron Institute
  • R. Dickinson, Chairman