Page 20 - PNMRT AnnRpt 2020

PALMERSTON NORTH MA¯ ORI RESERVE TRUST
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2020
2020 $
73,783 74,565,558
$74,639,340
95,044 – 92,863 3,398,022
3,585,929
251,369 87,430,000 11,031,000 3,697,510 807,231 63,773
103,280,883
106,866,812
546,963 252,733 – 1,579,930 960,000
3,339,626
28,038,323 849,523
28,887,846
32,227,472
$74,639,340
NOTE
2019 $
72,014 70,786,273
$70,858,287
103,050 2,400,000 87,176 911,043
3,501,269
276,194 85,641,500 10,426,000 3,645,142 43,174 18,487
100,050,497
103,551,766
630,101 56,894 2,203 1,695,517 960,000
3,344,715
28,498,323 850,441
29,348,764
32,693,479 $70,858,287
Equity
Discretionary Reserve Retained Earnings
Total Equity
Assets
Current Assets
Trade and Other Receivables
Sundry Receivable (25-41 Ward Street) Prepayments
Cash and Cash Equivalents
Total Current Assets
Non-Current Assets
Property, Plant and Equipment Investment Properties
Investment in Equity Accounted Investees Related Party Receivables
22-24 Ngata Street Development Costs Investment Property Work in Progress
Total Non-Current Assets
Total Assets
Liabilities
Current Liabilities
Trade Payables and Other Current Liabilities Income Tax Payable
Related Party Payables
Unclaimed Distributions
Interest-Bearing Loans and Borrowings
Total Current Liabilities
Non-Current Liabilities
Interest-Bearing Loans and Borrowings Deferred Tax Liability
Total Non-Current Liabilities
Total Liabilities
NET ASSETS
Approved for and on behalf of the Trustees on 24 June 2020:
Liz Mellish, MNZM Mark Te One
12
5
3 4 6 7
11 16 6 10 9
9 16
18
Palmerston North Ma¯ori Reserve Trust
ANNUAL REPORT 2020
Chairman __________________ Trustee __________________
The above statements should be read in conjunction with the notes to and forming part of the financial statements.