SUMMARY STATEMENT OF FINANCIAL POSITION AS AT 30 JUNE 2015 2015 $ 000s
2014 $ 000s
Accumulated Funds
21,821
20,752
Revaluation Reserves
9,033
10,626
220
220
31,074
31,598
FUNDS OF THE ASSOCIATION
Stewart Island Hostel Building Fund TOTAL ASSOCIATION FUNDS These were represented by: ASSETS Current Assets
710
831
Mortgage Investment
240
300
2,600
1,908
Assets Classified as Held for Sale Investment Property Property & Plant Equipment
3,364
3,364
29,680
31,888
Long-Term Lease paid in advance
2,086
338
Intangible Assets
5,643
5,906
44,323
44,535
TOTAL ASSETS LESS LIABILITIES Current Liabilities
2,814
2,609
Term Liabilities
10,435
10,328
TOTAL LIABILITIES
13,249
12,937
NET ASSETS PER THE ASSOCIATION’S FUNDS
31,074
31,598
2015 $ 000s
2014 $ 000s
1,496
5,943
NET CASHFLOWS FROM INVESTING ACTIVITIES
(1,000)
(2,070)
NET CASHFLOWS FROM FINANCING ACTIVITIES
(593)
(3,222)
NET INCREASE / (DECREASE) IN CASH
(97)
651
Add Opening Cash Balance
428
(223)
CLOSING CASH AND BANK BALANCES
331
428
On Behalf of the National Board
John Hammond — National Chair
Kevin Brewer — Convenor, Audit & Risk Committee
REPRESENTED BY: Cash at Bank and on Hand
331
428
331
428
YHA NEW ZEALAND ANNUAL REPORT 2015
NET CASHFLOWS FROM OPERATING ACTIVITIES
FINANCIALS
SUMMARY STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 JUNE 2015
15