← Page 2384

New Zealand Gazette – 2014 – No. 85

Page 2385

Page 2386 →

✨ Financial Statements

Otago Community Trust

Notes to the financial statements

For the year ended 31 March 2014

in New Zealand Dollars (000's)

5 Revenue

	Group		Parent
	2014	2013	2014	2013
Rents received	127	122	-	-
Managed Fund income
- Interest	13	17	62	69
- Investment income and unrealised gain / (loss)	18,351	22,164	18,351	22,164
- Impairment loss	-	-	-	-
Other	44	1	54	11
Total revenue	18,535	22,304	18,467	22,244

6 Investment fees

	Group		Parent
	2014	2013	2014	2013
Fund manager fees	-	-	-	-
Investment advisory fees	102	100	102	100
Total	102	100	102	100

The Trust incurs fund manager fees on its investments. Income from pooled funds is reported net of fund managers fees.

7 Other expenses

	Group		Parent
	2014	2013	2014	2013
Public and statutory reporting	39	18	39	18
Audit fees (1)	16	13	16	13
Promotion	29	10	29	10
Depreciation	42	20	18	20
Amortisation of Investment in Te Keke Putea Limited Partnership	31	1	31	1
Professional fees (analysis below) (1)	134	70	133	67
Property costs	89	81	64	64
Salaries	352	381	352	381
Other operating	125	139	118	131
Trustee remuneration	133	150	133	150
Trustee expenses	24	26	24	26
Loss on disposal of fixed assets	3	-	3	-
Total other expenses	1,017	909	960	881

(1) Included within professional fees is $24,000 paid to Deloitte relating to assistance with advising and shortlisting candidates for the Chief Executive position.

Gazette.govt.nz — NZ Gazette 2014, No 85

Parliament House (depicted) was completed in 1918 and remains the primary seat of Parliament.

✨ LLM interpretation of page content

💰 Otago Community Trust Financial Statements (continued from previous page)

Domain💰 Finance & Revenue
KeywordsFinancial Statements, Community Trusts, Revenue, Investment Fees, Other Expenses, Rents, Managed Fund Income, Interest, Investment Income, Impairment Loss, Fund Manager Fees, Investment Advisory Fees, Public and Statutory Reporting, Audit Fees, Promotion, Depreciation, Amortisation, Professional Fees, Property Costs, Salaries, Other Operating, Trustee Remuneration, Trustee Expenses, Loss on Disposal of Fixed Assets

As the Gazette has been published for more than 185 years, copyright status depends on the publication date of each issue:

1840–1925 (Public Domain): Issues of the New Zealand Gazette and Provincial Gazettes from this period are in the public domain, as the term of Crown copyright (100 years) has expired. Mechanical reproductions (e.g., scanned PDFs) of these public domain documents do not attract new copyright.
1926–1999 (Crown Copyright): Issues from this period remain subject to Crown copyright. Usage of these issues in this project is "Fair Dealing" for research purposes and consistent with the spirit of the open-access principles championed by NZGOAL, ie, "The default licensing position under ... NZGOAL is the Creative Commons Attribution 4.0 International licence ... [t]o the greatest extent possible, agencies should apply this licence to copyright material on their websites"
2000–Present (CC-BY 3.0 NZ): Gazette issues published on gazette.govt.nz are Crown copyright but are explicitly licensed by the Department of Internal Affairs under the Creative Commons Attribution 3.0 New Zealand licence (CC-BY 3.0 NZ). This project redistributes this content in accordance with those terms.

Nothing in this project is intended to infringe copyright, trademark law or personal privacy. Please contact me immediately if you have any concerns.

Third-Party Content

Where third-party content (e.g., notices submitted by external organisations) is identified within the Gazette, users should satisfy themselves regarding the copyright status of that specific content, as it may be subject to different ownership terms than the Gazette itself.

Sources and Attribution

NZ Gazette Sources

The primary sources for the issues of the NZ Gazette indexed by this project are:

New Zealand Gazette Archive, provided by Victoria University Library, copyright 2008 LexisNexis NZ Limited, Crown Copyright of New Zealand Gazette Office
- Issues from 1841-2008, including the New Munster, New Ulster, and Provincial Gazettes
New Zealand Gazettes by New Zealand Legal Information Institute (note: "NZLII is not the copyright owner in the source documents published on NZLII")
- Issues from 1913-1999
Gazette.govt.nz, Crown copyright / licensed by the Department of Internal Affairs under CC-BY 3.0 NZ
- Issues from 2000-2017

Additional Sources

Wellington City Recollect have made available a comprehensive and excellent-quality scan of the Wellington Provincial Gazette which was used to fill in a number of issues missing from Victoria University's Gazette Archive; in particular, all 1856 issues, issues 22-34 for 1864 and issues 9-19 for 1870.
27 issues of The New Zealand Advertiser and Bay of Islands Gazette (1840) were sourced from Papers Past (public domain).
Gazette Extraordinary No. 1 (1840), held at the Alexander Turnbull Library, Wellington, New Zealand. Imaged by Luke Howison at the National Library reading rooms; PDF released into the public domain.

PDF Icon

The PDF PDF Icon was made by Good Ware, CC BY-SA 4.0.

Masthead

The logo in the header is an edited version of “Winning Coat of Arms Competition Entry, 1908” by Archives New Zealand, CC BY 2.0 (found via Wikipedia).

Who made this?

I'm Luke Howison, a freelance web developer with an interest in genealogy. I have created several websites for genealogical research, such as NZ Ancestor Search Helper.

New Zealand Gazette Index