✨ Financial Statements




Financial Statements

Notes to the financial statements (In New Zealand Dollars ($000’s))

21 Related parties

Transaction with key management personnel

Key management personnel compensation

Key management personnel compensation comprised:

Group 2011 Group 2010
Salaries and trustee fees 413 345

22 Group entities

Significant subsidiaries

Subsidiary Country of ownership incorporation Interest (%) Group 2011 Interest (%) Group 2010
Canterbury Trust House Limited New Zealand 100% 100%
Canterbury Trust Charities Limited New Zealand 100% 100%
Canterbury Direct Investments Limited New Zealand 100% 100%
Amateur Game or Sport Promoter Limited New Zealand - 100%
District Improvement Organisation New Zealand - 100%

23 Subsequent events

On 13 June 2011 a 6.3 magnitude aftershock hit the Canterbury region. The Trust has insurance cover in place for this incident and does not expect any further major material impact on the financial results of the Trust. There were no other material events subsequent to balance date requiring disclosure in the financial statements.



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Online Sources for this page:

Gazette.govt.nz PDF NZ Gazette 2011, No 116





✨ LLM interpretation of page content

πŸ’° Notes to the financial statements

πŸ’° Finance & Revenue
Financial statements, Related parties, Key management personnel, Compensation, Subsidiaries, Subsequent events

πŸ’° Key management personnel compensation

πŸ’° Finance & Revenue
Compensation, Salaries, Trustee fees

πŸ’° Significant subsidiaries

πŸ’° Finance & Revenue
Subsidiaries, Ownership, Interest percentages

πŸ’° Subsequent events

πŸ’° Finance & Revenue
Aftershock, Insurance cover, Material impact