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Note 3: Gains

Te Motu Regional Economic Development Trust: Model financial statements 2008/09.

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Gains

NZ IFRS 5.41 The Trust disposes of motor vehicles when they reach a pre-determined mileage. During the period two motor vehicles were disposed of through auction and a gain of $7,284 was recognised from disposal of these vehicles. There were no asset disposals in 2008.
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