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These financial statements must be read in conjunction with the notes on pages 20 to 34.
THE WAIKATO COMMUNITY TRUST INCORPORATED
SUMMARISED STATEMENT OF COMPREHENSIVE INCOME
for the year ended 31 March 2015
Notes
2015
2014
NZ$’000
NZ$’000
Income
Investment Income
5
37,112
32,324
Other Income
38
23
Total Income
37,150
32,347
Other Gains/(Losses)
Gain on disposal of Property, Plant and Equipment
6
13
Operating Expenses
Total Operating Expenses
(4,735)
(4,064)
Distributions
Donations and Sponsorships
(7,886)
(6,746)
TOTAL COMPREHENSIVE INCOME FOR THE YEAR
24,535
21,550
THE WAIKATO COMMUNITY TRUST INCORPORATED
SUMMARISED STATEMENT OF CHANGES IN TRUST FUNDS
for the year ended 31 March 2015
2015
Base
Capital
Value
(Note 6)
Investment
Fluctuation
Reserve
(Note 6)
Comprehensive
Income
Total
Trust Funds
NZ$’000 NZ$’000
NZ$’000 NZ$’000
Trust Funds as at 1 April 2014
277,572
29,486
-
307,058
Total Comprehensive Income
for the Year
-
-
24,535
24,535
Transfer to Reserves
1,347
23,188
(24,535)
-
Trust Funds as at 31 March 2015
278,919
52,674
-
331,593
2014
Base
Capital
Value
(Note 6)
Investment
Fluctuation
Reserve
(Note 6)
Comprehensive
Income
Total
Trust Funds
NZ$’000 NZ$’000
NZ$’000 NZ$’000
Trust Funds as at 1 April 2013
271,671
13,837
-
285,508
Total Comprehensive Income
for the Year
-
-
21,550
21,550
Transfer to Reserves
5,901
15,649
(21,550)
-
Trust Funds as at 31 March 2014
277,572
29,486
-
307,058
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