Financial Statements of Waikato River Clean-Up Trust
for the period ended 30 June 2012
30
Statement of Changes in Equity
for the period ended 30 June 2012
Retained
Total
earnings
Equity
Balance as at 25 November 2010
-
-
Total comprehensive income for the period
Surplus/ (Deficit) for the period
113,825,068 113,825,068
Other comprehensive income
-
-
Total comprehensive income for the period
113,825,068 113,825,068
Balance at 30 June 2011
113,825,068 113,825,068
Balance as at 1 July 2011
113,825,068 113,825,068
Total comprehensive income for the period
Surplus/ (Deficit) for the period
11,219,157
11,219,157
Other comprehensive income
-
-
Total comprehensive income for the period
11,219,157
11,219,157
Balance at 30 June 2012
125,044,225 125,044,225
Statement of Cash Flows
for the period ended 30 June 2012
Note
2012
2011
Cash flows from operating activities
Cash provided from:
Settlement funds
7,000,000
21,000,000
Other funding
-
-
Interest income received
916,859
160,327
7,916,859
21,160,327
Cash applied to:
Payments to suppliers
(658,760)
-
Income tax (paid)/received
52,875
(52,875)
7,310,974
21,107,452
Net cash flows from operating activities
22
7,310,974
21,107,452
Cash flows from investing activities
Cash applied to:
Purchase of Investments
(2,302,014) (21,087,611)
Net cash flows from investing activities
(2,302,014) (21,087,611)
Net increase/(decrease) in cash,
cash equivalents, and bank overdrafts
5,008,960
19,841
Cash, cash equivalents, and bank
overdrafts at the beginning of the year
19,841
-
Cash, cash equivalents, and bank
overdrafts at the end of the year
9
5,028,801
19,841
The accompanying notes form part of these financial statements.