Consolidated Statement of Financial Performance for the Year Ended 31 March 2006
$
Revenue
Donations received 11,500
Other income 9,268
Rent received 24,000
Investment income 8,405,363
Less investment administration (65,539)
Total income 8,384,592
Less expenses:
Accident compensation levy 1,017
Accountancy fees 3,375
Advertising 8,991
Audit fees 4,529
Communication 7,820
Consultancy fees 13,173
Computer expenses 2,169
General expenses 7,517
Insurance 4,219
Occupancy costs 18,778
Stationery 5,617
Professional development 5,920
Subscriptions 2,968
Trustees fees and expenses 51,720
Travelling expenses 10,050
Wages and salaries 134,388
Total expenses 282,250
Net surplus before depreciation 8,102,342
Less depreciation adjustments:
Depreciation 12,498
Community distributions:
Community support 45,446
Donations 2,361,265
Less prior year’s grants cancelled or returned (21,625)
Total community distributions 2,385,086
Net surplus 5,704,758
Consolidated Statement of Movements in Equity for the Year Ended 31 March 2006
Equity at start of period 30,887,469
Net surplus 5,704,758
Equity at end of period 36,592,227
Consolidated Statement of Financial Position Equity for the Year Ended 31 March 2006
Assets—
Current assets:
Westpac 141,154
On call account 1,888,947
Total current assets 2,030,101
Non current assets:
Fixed assets as per schedule 163,618
Investments:
ING 2,757,504
State Street Global Assets 31,222,277
Term deposits – Westpac 1,000,000
Infratil bonds 1,000,000
Total investments 35,979,781
38,173,500
Liabilities—
Trust funds held:
Heart Fund 10,303
Youth Fund 20,500
Disaster Recovery Fund 72,503
Tindall Foundation 5,000
108,306
Current liabilities:
Accounts payable 37,966
Donations not yet uplifted 1,435,000
Total current liabilities 1,472,966
Total liabilities 1,581,272
Net assets 36,592,227
Represented by equity 36,592,227
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