β¨ Financial Statements Notes
THE WAIKATO COMMUNITY TRUST INCORPORATED
NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS
For the year ended 31 March 2011
21. RELATED PARTY TRANSACTIONS
Key Management Personnel
The compensation of the Trustees and executives, being the key management personnel of the Trust, is set out below:
| 2011 | 2010 | |
|---|---|---|
| NZ$'000 | NZ$'000 | |
| Short Term Trustee and Employee Benefits | 369 | 352 |
Transactions with Executives
Executives were related to organisations that received donations totalling $35,000 (2010 - $42,000) during the year. Interests were declared when these donations were considered and key management took no part in deliberations relating to organisations in which they had an interest.
There are no outstanding balances at balance date.
Transactions with Trustees
Trustees were related to organisations that received donations totalling $249,000 (2010 - $486,500) during the year. Interests were declared when these donations were considered and Trustees took no part in deliberations relating to organisations in which they had an interest.
There are no outstanding balances at balance date.
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β¨ LLM interpretation of page content
π°
Related Party Transactions
(continued from previous page)
π° Finance & RevenueFinancial statements, Related party transactions, Compensation, Donations, Trustees, Executives
NZ Gazette 2011, No 119