β¨ Financial Statements Notes
2670 NEW ZEALAND GAZETTE, No. 97 15 AUGUST 2012
THE WAIKATO COMMUNITY TRUST INCORPORATED
NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2012
20. 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:
| 2012 | 2011 | |
|---|---|---|
| NZ$'000 | NZ$'000 | |
| Short Term Trustee and Employee Benefits | 397 | 369 |
| 397 | 369 |
Transactions with Executives
Executives were related to organisations that received donations totalling $38,500 (2011: $35,000) 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 $234,500 (2011: $249,000) 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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π°
Notes to Financial Statements for The Waikato Community Trust Incorporated
(continued from previous page)
π° Finance & RevenueFinancial Statements, Related Party Transactions, Trustees, Executives, Donations
NZ Gazette 2012, No 97