These financial statements must be read in conjunction with the notes on pages 35 to 38.
T R U S T W A I K A T O
A N N U A L R E P O R T 2 0 1 2 / 2 0 1 3
SUMMARISED STATEMENT OF
COMPREHENSIVE
INCOME
for the year ended 31 March 2013
2013
2012
Notes NZ$’000
NZ$’000
Income
Investment Income
5
34,460
16,404
Other Income
22
24
Total Income
34,482
16,428
Operating Expenses
Total Operating Expenses
(3,794)
(2,888)
Distributions
Donations and Sponsorships
6
(6,725)
(6,732)
TOTAL COMPREHENSIVE
INCOME FOR THE YEAR
23,963
6,808
SUMMARISED STATEMENT OF CHANGES IN TRUST FUNDS
FOR THE YEAR ENDED 31 MARCH 2013
2013
Base Capital
Investment Comprehensive
Total
Value (Note 7)
Fluctuation
Income
Trust
Reserve
Funds
(Note 7)
NZ$’000
NZ$’000
NZ$’000
NZ$’000
Trust Funds as at 1 April 2012
267,743
(6,198)
-
261,545
Total Comprehensive Income for the Year
-
-
23,963
23,963
Transfer to Reserves
3,928
20,035
(23,963)
-
Trust Funds as at 31 March 2013 271,671
13,837
-
285,508
2012
Base Capital
Investment Comprehensive
Total
Value (Note 7)
Fluctuation
Income
Trust
Reserve
Funds
(Note 7)
NZ$’000
NZ$’000
NZ$’000
NZ$’000
Trust Funds as at 1 April 2011
261,944
(7,207)
-
254,737
Total Comprehensive Income for the Year
-
-
6,808
6,808
Transfer to Reserves
5,799
1,009
(6,808)
-
Trust Funds as at 31 March 2012 267,743
(6,198)
-
261,545
F I N A N C I A l S T A T E M E N T S
33
