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These financial statements must be read in conjunction with the notes on pages 15 to 32.
12
The Waikato Community Trust Incorporated
SUMMARISED STATEMENT OF CHANGES IN TRUST
FUNDS
for the year ended 31 March 2016
2016
Base
Capital
Value
(Note 6)
Investment
Fluctuation
Reserve
(Note 6)
Comprehensive
Revenue and
Expenses
Total
Trust Funds
NZ$’000 NZ$’000
NZ$’000 NZ$’000
Balance as at 1 April 2015
278,919
52,674
-
331,593
Total Comprehensive Revenue
and Expenses for the Year
-
-
11,590
11,590
Transfer to Reserves
2,289
9,301
(11,590)
-
Balance at 31 March 2016
281,208
61,975
-
343,183
2015
Base
Capital
Value
(Note 6)
Investment
Fluctuation
Reserve
(Note 6)
Comprehensive
Revenue and
Expenses
Total
Trust Funds
NZ$’000 NZ$’000
NZ$’000 NZ$’000
Balance as at 1 April 2014
277,572
29,486
-
307,058
Total Comprehensive Revenue
and Expenses for the Year
-
-
24,535
24,535
Transfer to Reserves
1,347
23,188
(24,535)
-
Balance at 31 March 2015
278,919
52,674
-
331,593