Page 19 - PNMRT AnnRpt 2020

WELLINGTON TENTHS TRUST CONSOLIDATED STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 MARCH 2020 Balance at 1 April 2018 Profit for the Year Total Comprehensive Income for the Year Transactions with Owners of the Trust in their capacity as Owners Distributions Paid Balance at 31 March 2019 Profit for the Year Total Comprehensive Income for the Year Transactions with Owners of the Trust in their capacity as Owners Distributions Paid Balance as at 31 March 2020 NOTE 10 10 Retained Earnings and Total Equity $ 69,002,463 7,792,762 7,792,762 (640,218) 76,155,007 17,749,818 17,749,818 (731,676) $93,173,149 The above statements should be read in conjunction with the notes to and forming part of the financial statements. Wellington Tenths Trust 17 ANNUAL REPORT 2020