Page 19 - PNMRT AnnRpt 2020

PALMERSTON NORTH MA¯ ORI RESERVE TRUST
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2020
Retained Discretionary Earnings Reserve
Total Equity NOTE $ $ $
Balance at 1 April 2018
Profit for the Year
Total Comprehensive Income for the Year
Other Movements
Transfer to Discretionary Reserve from Distributions and Unclaimed Distributions
Transfer from Discretionary Reserve
(Allocation to Rangatahi Leadership Programme)
Total Other Movements
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
Other Movements
Transfer to Discretionary Reserve from Distributions and Unclaimed Distributions
Transfer from Discretionary Reserve
(Allocation to Rangatahi Leadership Programme)
Total Other Movements
Transactions with Owners of the Trust in their capacity as Owners Distributions Paid
Balance as at 31 March 2020
12 12
10
12 12
10
64,227,738
7,512,696 7,512,696
– – –
(954,159) 70,786,273
4,733,444 4,733,444
– – –
(954,159)
$74,565,558
65,600
– –
8,252 (1,838) 6,414
– 72,014
– –
8,251 (6,482) 1,769
–
$73,783
64,293,338
7,512,696 7,512,696
8,252 (1,838) 6,414
(954,159) 70,858,287
4,733,444 4,733,444
8,251 (6,482) 1,769
(954,159)
$74,639,340
The above statements should be read in conjunction with the notes to and forming part of the financial statements.
Palmerston North Ma¯ori Reserve Trust
17
ANNUAL REPORT 2020