Consolidated Financial Statements for the Year Ended 31 March 2000
$ $
000 000
Financial Performance 2000 1999
Income
Income from investments 7,337 3,759
7,337 3,759
Less
Administration expenses 178 145
Investment management 278 274
Donations 2,265 2,276
Surplus after donations 4,616 1,064
Transferred to capital maintenance
reserve 559 516
Transferred to trust funds 4,057 548
4,616 1,064
Financial Position
Trust Funds
Opening equity 1 April 1999 41,015 40,467
Capital maintenance reserve 2,619 2,060
Transfers to reserves 4,057 548
47,691 43,075
Represented by
Investments and other assets
ANZ funds management 25,581 22,889
Tower asset management 22,930 21,197
Bank, equipment and sundry 33 135
48,544 44,221
Less current liabilities
Donations not uplifted 819 1,099
Accounts payable 34 47
47,691 43,075
This financial information has been extracted from the financial statements.
A full set of audited financial statements and list of donations is available on request from:
The Executive Director
P.O. Box 365
Wanganui