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New Zealand Gazette – 2013 – No. 109

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✨ Financial Statements

16 AUGUST 2013 NEW ZEALAND GAZETTE, No. 109 2967

THE WAIKATO COMMUNITY TRUST INCORPORATED

NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2013

22. RELATED PARTY TRANSACTIONS

Compensation

The compensation of Key Management Personnel (Trustees and Management), is set out below:

| | 2013 | | 2012 |
|----------------|-----------| |-----------|
| | NZ$'000 | | NZ$'000 |
| Short Term Trustee and Employee Benefits | 375 | | 397 |

Donations

Trustees were related to organisations that received donations totalling $112,000 (2012: $234,500) 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.

There were no related party transactions for Management during the year (2012: $38,500). In 2012 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.

Full NZ IFRS Financial Statements for the year ended 31 March 2013

Gazette.govt.nz — NZ Gazette 2013, No 109

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✨ LLM interpretation of page content

🏢 Notes to the Financial Statements of the Waikato Community Trust

Domain🏢 State Enterprises & Insurance
KeywordsFinancial statements, related party transactions, compensation, donations, trustees, management

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