Notice Type
General Section
Notice Title

Whanganui Community Foundation Inc.

Consolidated Financial Statements for the Year Ended
31 March 2001
$ $
000 000
Financial Performance 2001 2000
Income (loss) from investments (3,988) 7,337
(3,988) 7,337
Less:
Administration expenses 206 178
Investment management fees 103 278
Donations 2736 2,265
(3,045) (2,721)
Surplus after donations (7,033) 4,616
Capital maintenance reserve 1,102 559
Transferred to trust funds (8,135) 4,057
(7,033) 4,616
Financial Position
Trust funds-
Opening equity 45,072 41,015
Capital maintenance reserve 3,721 2,619
Transfers to (from) reserves (8,135) 4,057
40,658 47,691
Represented by-
Investments and other assets:
ANZ asset management 7,840 25,581
Tower asset management 0 22,930
State Street Globall assets 33,868
Bank and sundry 30 33
41,738 48,544
Less current liabilities:
Donations not uplifted 1,047 819
Accounts payable 33 34
40,658 47,691
A full set of audited annual financial statements is available from the Executive Director, P.O. Box 365, Wanganui.