Trust Bank Wanganui Community Trust Inc. Consolidated Financial Statements for the Year Ended 31 March 1999 Financial Performance $ $ 000s 000s 1999 1998 Income3,759 5,927 Less Administration expenses144 138 Investment management274 162 Donations2,276 2,074 Surplus after donations1,065 3,553 Transferred to capital516 802 Maintenance reserve transferred to trust funds549 2,751 1,065 3,553 Financial Position $ $ 000s 000s 1999 1998 Trusts funds Opening equity 1 April 199840,467 37,716 Capital maintenance reserve2,060 1,544 Transfers to reserves549 2,751 $43,076 $42,011 Represented by ANZ Funds Management22,889 21,597 Tower Asset Management21,197 20,648 Bank equipment and sundry135 38 44,221 42,283 Less current liabilities Donations not uplifted1,099 219 Accounts payable46 53 $43,076 $42,011 This financial information has been extracted from the audited financial statements. A full set of financial statements is available on request from the Executive Director, P.O. Box 365, Wanganui.