✨ 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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Online Sources for this page:

Gazette.govt.nz PDF NZ Gazette 2011, No 119





✨ LLM interpretation of page content

πŸ’° Related Party Transactions (continued from previous page)

πŸ’° Finance & Revenue
Financial statements, Related party transactions, Compensation, Donations, Trustees, Executives