β¨ Financial Statements Notes
22 AUGUST 2014 NEW ZEALAND GAZETTE, No. 99 2763
WELLINGTON COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2014
Note 5 Other expenses
| 2014 | 2013 | |
|---|---|---|
| $ | $ | |
| Audit fees | 9,489 | 8,400 |
| Depreciation | 9,568 | 2,186 |
| Total other expenses | 19,057 | 10,586 |
Note 6 Property, plant and equipment
| 2014 | 2013 | |
|---|---|---|
| $ | $ | |
| Opening balance at cost | 27,062 | 44,429 |
| Purchases | 5,450 | 2,494 |
| Disposals | (6,284) | 0 |
| Less accumulated depreciation | (18,969) | (40,547) |
| Net book Value | 7,259 | 6,376 |
Depreciation charge for the year 9,568 2,186
Note 7 Financial assets designated as fair value through profit or loss
| 2014 | 2013 | |
|---|---|---|
| $ | $ | |
| ANZ Ltd - International equities | 16,432,223 | 16,015,197 |
| ANZ Ltd - Australasian equities | 6,120,489 | 5,923,981 |
| Colonial First State - Infrastructure fund | 2,583,822 | 2,153,977 |
| Colonial First State - Cash account | 0 | 368,590 |
| Mint Asset Management Ltd - Trans-Tasman properties | 5,024,360 | 5,864,834 |
| Fisher Funds Ltd - International fixed interest | 13,206,181 | 13,868,059 |
| Devon Funds Management Ltd - Australasian Equities | 2,950,605 | 2,415,641 |
| AMP Fund Investments - International fixed interest | 3,032,701 | 0 |
| Total | 49,350,381 | 46,610,279 |
Note 8 Held-to-maturity investments
| 2014 | 2013 | |
|---|---|---|
| $ | $ | |
| ASB term deposit - 087 | 546,112 | 0 |
| ASB term deposit - 086 | 350,000 | 1,047,472 |
| ASB term deposit - 085 | 400,000 | 522,311 |
| BNZ term deposit - 3045 | 1,300,000 | 0 |
| BNZ term deposit - 03028 | 0 | 686,792 |
| BNZ term deposit - 03043 | 0 | 310,354 |
| ANZ term deposit - 51000 | 1,000,000 | 0 |
| Kiwibank term deposit | 1,104,171 | 1,058,292 |
| Total Held-to-maturity investments | 4,700,283 | 3,625,221 |
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β¨ LLM interpretation of page content
π°
Notes to the Financial Statements of The Community Trust of Wellington
(continued from previous page)
π° Finance & Revenue9 June 2014
Financial Statements, Notes, Other Expenses, Property, Plant and Equipment, Financial Assets, Held-to-maturity Investments
NZ Gazette 2014, No 99