NKII 50546 Annual Report - NgÄti Kahungunu Iwi Incorporated
NKII 50546 Annual Report - NgÄti Kahungunu Iwi Incorporated
NKII 50546 Annual Report - NgÄti Kahungunu Iwi Incorporated
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FOR THE YEAR ENDED 30 JUNE 2005<br />
(h) Advances and Provisions<br />
Loan advances are recorded net of any specific provision for doubtful amounts.<br />
There are no general provisions for doubtful debts.<br />
(i)<br />
Consolidation<br />
The purchase method of consolidation has been applied in preparing the consolidated financial<br />
statements. All inter entity transactions and balances have been eliminated on consolidation.<br />
Changes in Accounting Policies<br />
There have been no other changes in the accounting policies during the year. All other policies have been<br />
consistantly applied.<br />
These Financial statements must be read in conjuction with the accompanying Notes<br />
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