Consolidated Financial Statements for the Year Ended
31 March 2005
$ $
000 000
2005 2004
Statement of Financial Performance
Income from investments 2,297 6,291
Rent 24 24
Other 4 7
2,323 6,322
Less:
Administration expenses 243 214
Investment management fees 70 61
Donations and community support 1,113 1,112
1,426 1,387
Surplus 897 4,935
Statement of Financial Position
Opening capital 29,990 25,055
Surplus 897 4,935
Closing capital 30,887 29,990
Fixed assets 167 169
ING 5,590 5,397
State Street 25,247 24,779
Sundry 356 171
Less:
Special purpose funds 154 136
Donations not uplifted 280 351
Accounts payable 39 21
30,887 29,990
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A full set of audited annual financial statements is available from the Executive Director, P.O. Box 365, Wanganui.