Financial Statements of Waikato River Clean-Up Trust
for the period ended 30 June 2012
44
f) Classification and fair values
Other
Total
Loans and amortised
carrying
Fair
receivables
cost
amount
value
Note
2012
2012
2,012
2012
Financial assets
Funding receivable
11 88,455,101
- 88,455,101 88,455,101
Total non-current
financial assets
88,455,101
- 88,455,101 88,455,101
Cash and cash equivalents
9 5,028,801
-
5,028,801 5,028,801
Trade and other receivables
10 345,435
-
345,435
345,435
Funding receivable
11 7,877,375
-
7,877,375 7,877,375
Other financial assets
13 23,389,625
- 23,389,625 23,389,625
Total current financial assets
36,641,236
- 36,641,236 36,641,236
Total financial assets
125,096,337
- 125,096,337 25,096,337
Financial liabilities
Trade and other payables
17
-
150,251
150,251
150,251
Total current liabilities
150,251
150,251
150,251
Total financial liabilities
-
150,251
150,251
150,251
Other
Total
Loans and amortised
carrying
Fair
receivables
cost
amount
value
Note
2011
2011
2,011
2011
Financial assets
Funding receivable
11 85,869,965
- 85,869,965 85,869,965
Total non-current
financial assets
85,869,965
- 85,869,965 85,869,965
Cash and cash equivalents
9
19,841
-
19,841
19,841
Trade and other receivables
10
191,002
-
191,002
191,002
Funding receivable
11
6,603,774
-
6,603,774 6,603,774
Other financial assets
13 21,087,611
- 21,087,611 21,087,611
Total current financial assets
27,902,227
- 27,902,227 27,902,227
Total financial assets
113,772,192
- 113,772,192 113,772,192
20 Capital management
The Trust’s equity comprises retained earnings.
The Trust is not subject to any externally imposed capital requirements.
The Trust’s policies in respect of capital management and allocation are reviewed
regularly by the Board.
There have been no material changes in the Trust’s management of capital during the
period.
21 Capital commitments
As at 30 June 2012, the trust had no capital commitments (2011: Nil).