CAWTHRON INSTITUTE TRUST BOARD

Publication of Disclosures

The CAWTHRON INSTITUTE TRUST BOARD is a charitable trust established in accordance with the Thomas Cawthron Trust Act 1924 to oversee the Cawthron Institute. The charitable purpose of Cawthron Institute is advancement of science to benefit Te Tau Ihu and Aotearoa New Zealand, with a focus on natural resources.

Pursuant to section 14(3) of the Thomas Cawthron Trust Act 1924, the annual balance sheet and statement of accounts for The CAWTHRON INSTITUTE TRUST BOARD are hereby notified as follows:

Financial Performance for the year ended 30 June 2022
2021		2022
$000’s		$000’s
43,598	Income from research contracts, analytical services, consultancy & other scientific projects, lease income and other income	43,208
43,114	Expenses including depreciation	42,742
484	Net operating surplus	466
1,766	Revaluation of land and buildings	(1,208)
2,250	Trust Surplus	(742)
Financial Position as at 30 June 2022
2021		2022
$000’s		$000’s
	The Institute’s Trust Capital is represented by;
11,704	Asset revaluation reserve	10,496
130	Special projects and bequests reserve	69
27,022	Accumulated comprehensive revenue and expenses	27,549
38,856	Total Trust Capital	38,114
	Trust Capital funds the following Net Assets;
4,222	Working capital	14,356
39,628	Fixed assets	31,590
(4,994)	Long term liabilities	(7,832)
38,856	Total Net Assets	38,114
Movement in Equity for the year ended 30 June 2022
2021		2022
$000’s		$000’s
36,606	Opening balance	38,856
484	Trust Surplus	466
1,766	Revaluation of land and buildings	(1,208)
38,856	Closing Balance	38,114

JOHN PALMER, Chairman.

Cawthron Financial Statements Have Been Audited by Crowe New Zealand Audit Partnership.

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