Te reo parikarangaranga o Kahungunu - NgÄti Kahungunu Iwi ...
Te reo parikarangaranga o Kahungunu - NgÄti Kahungunu Iwi ...
Te reo parikarangaranga o Kahungunu - NgÄti Kahungunu Iwi ...
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
STATEMENT OF FINANCIAL PERFORMANCE (subject to final audit clearance)<br />
FOR THE YEAR ENDED 30 JUNE 2001<br />
Consolidated<br />
Parent<br />
2000 2001 2000<br />
$ $ $ $<br />
INCOME<br />
Contract Services 985,004 900,764 506,077 445,274<br />
Fishing Income 1,593,323 1,183,660 1,593,323 1,183,660<br />
Investment Income 38,274 31,090 38,274 31,090<br />
Levies and Administration Fees 7,034 3,537 7,534 4,136<br />
Sundry Income 69,562 91,494 68,523 54,846<br />
Total Income 2,693,197 2,210,545 2,213,730 1,719,006<br />
LESS EXPENSES<br />
Operating and Administration Expenses 2,117,652 1,475,120 1,046,992 919,289<br />
Governance Expenses 290,274 283,320 290,274 283,320<br />
Distribution of Benefits to <strong>Iwi</strong> 383,700 20,550 383,700 20,550<br />
Write down of Investment in Subsidiary 620,000<br />
Total Expenses 2,791,625 1,778,990 2,340,965 1,223,159<br />
Net Surplus (Deficit) Before Tax (98,428) 431,555 (127,235) 495,847<br />
Tax (38,100) 28,000 (38,100) 28,000<br />
Net Surplus (Deficit) (60,328) 403,555 (89,135) 467,847<br />
STATEMENT OF MOVEMENTS IN EQUITY (Subject to final audit clearance)<br />
FOR THE YEAR ENDED 30 JUNE 2001<br />
Consolidated<br />
Parent<br />
2001 2000 2001 2000<br />
$ $ $ $<br />
EQUITY AT THE START OF THE YEAR 1,402,148 998,593 1,592,691 1,124,844<br />
RECOGNISED REVENUES AND EXPENSES<br />
Net Surplus (Deficit) for the Year (60,328) 403,555 (89,135) 467,847<br />
Total Recognised Revenues and Expenses for the Year (60,328) 403,555 (89,135) 467,847<br />
EQUITY AT THE END OF THE YEAR 1,341,820 1,402,148 1,503,556<br />
1,592,691<br />
STATEMENT OF FINANCIAL POSITION (subject to final audit clearance)<br />
AS AT 30 JUNE 2001<br />
Consolidated<br />
Parent<br />
2001 2000 2001 2000<br />
$ $ $ $<br />
CURRENT ASSETS<br />
Bank and Deposits 1,507,583 822,279 1,319,984 822,270<br />
Accounts Receivable 198,205 212,987 130,422 191,526<br />
Accrued Income 32,476 357,034 32,336 144,579<br />
Prepayments 4,599 2,508 2,956 2,508<br />
Advances Receivable within one year 100,000<br />
Work in Progress & Inventory 45,775<br />
-<br />
Total Current Assets 1,888,638 1,394,808 1,485,698 1,160,883<br />
NON-CURRENT ASSETS<br />
Advances 226,520 586,259 150,487 161,853<br />
mounts Due From Subsidiaries 285,611 205,763<br />
Investment in Subsidiaries 100,100 720,100<br />
Other Investments 180,000 100,000 80,000<br />
Fixed Assets 446,281 360,113 360,014 286,212<br />
Total Non-Current Assets 852,801 1,046,372 976,212 1,373,928<br />
Total Assets 2,741,439 2,441,180 2,461,910 2,534,811<br />
CURRENT LIABILITIES<br />
Bank Overdraft 3,771<br />
Sundry Creditors and Accruals 399,334 274,172 248,361 278,255<br />
Funds Held in Trust 467,674 284,036 467,674 284,036<br />
Income in Advance 129,735 172,582 112,170 111,878<br />
Provision for Tax 40,040 40,040<br />
Current Portion of Finance Leases 17,217 20,358 12,561<br />
Current Portion of Taiwhenua Grants 130,150 107,675 130,150 107,675<br />
Loans 211,522<br />
Total Current Liabilities 1,355,632 902,634 958,355 834,445<br />
NON-CURRENT LIABILITIES<br />
Finance Leases 43,987 28,723<br />
Taiwhenua Grants Payable 107,675 107,675<br />
Total Non-Current Liabilities 43,987 136,398 107,675<br />
Total Liabilities 1,399,619 1,039,032 958,355 942,120<br />
Net Assets 1,341,820 1,402,148 1,503,555 1,592,691<br />
EQUITY<br />
Accumulated Funds 1,341,820 1,402,148 1,503,555 1,592,691<br />
For a full set of accounts with accompanying notes, please refer to our website www.kahungunu.iwi.nz