Annual Report 1989-1990 Legislative Assembly Members Superannuation Trust
Tabled Paper 94
Tabled Papers for 6th Assembly 1990 - 1994; Tabled Papers; ParliamentNT
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LEGISLATIVE ASSEMBLY M EM BERS SUPERANNUATION TRUST STATEMENT OF SOURCES AND APPLICATIONS OF FUNDS FOR THE YEAR ENDED 30 JUNE Notes 199Q 1282 $ $ SOURCES OF R IN D S Funds from Operations 9 Inflows of funds from operations 230,459 571,586 Less Outflows o f funds from operations 358,750 66,568 (128,291) 505,018 Reduction in Assets Bank Account 393,149 19,892 Accrued Interest 4,218 0 Increase in Liabilities PAYE Tax Payable 367 0 Accrued Bank Fees and Institutions Duty 4 0 269,447 524,910 APPLICATIONS OF FUNDS Increase in Assets Accrued Interest 0 2,580 Investments 249,202 490,000 Reduction in Liabilities Fund Income Tax Paid 20,000 0 PAYE Tax Payable 0 642 Prepayment of Territory Contributions 245 31,688 269,447 524,910