β¨ Financial Statements
1 AUGUST 2014 NEW ZEALAND GAZETTE, No. 84 2369
The Canterbury Community Trust
Notes to the financial statements
For the year ended 31 March 2014
In New Zealand Dollars ($000's)
21 Related parties (continued)
Parent transactions with Group entities
| Entity | Relationship | Interest received | Management fees received | Expenses contribution paid | Distributions paid | Amounts owed by related parties |
|---|---|---|---|---|---|---|
| 2014 | 2013 | 2014 | 2013 | 2014 | ||
| Canterbury Trust House Limited | Subsidiary | 2014 | 509 | 43 | - | 0 |
| 2013 | 722 | 43 | - | 0 | ||
| Canterbury Trust Charities Limited | Subsidiary | 2014 | 542 | 0 | - | 0 |
| 2013 | 418 | 0 | - | 0 | ||
| Canterbury Direct Investments Limited | Subsidiary | 2014 | 332 | 0 | - | 0 |
| 2013 | 320 | 0 | - | 0 | ||
| Te Kete Putea Partnership | Associate | 2014 | 0 | 0 | - | 0 |
| 2013 | 0 | 0 | - | 0 |
22 Group entities
Significant subsidiaries
| Entity | Country of ownership incorporation | Interest (%) |
|---|---|---|
| 2014 | ||
| Canterbury Trust House Limited | New Zealand | 100% |
| Canterbury Trust Charities Limited | New Zealand | 100% |
| Canterbury Direct Investments Limited | New Zealand | 100% |
Associates
| Entity | Country of ownership incorporation | Interest (%) |
|---|---|---|
| 2014 | ||
| Te Kete Putea Partnership Limited (TKP) | New Zealand | 23% |
This entity provides Donations Management Software services to the Trust and the Group. The Group has determined that it has significant influence because it has representation on the board of the investee.
23 Contingencies
There were no contingencies at 31 March 2014 (2013: None).
24 Subsequent Events
The Trust is continuing to work with its insurers to settle its insurance claims arising from the Canterbury earthquakes. There were no other significant events occurring subsequent to 31 March 2014 (2013: None).
Next Page →
β¨ LLM interpretation of page content
π°
Key Management Personnel Compensation
(continued from previous page)
π° Finance & RevenueCompensation, Fees, Key Management Personnel, Canterbury Community Trust
π° Financial Transactions with Group Entities
π° Finance & RevenueFinancial Statements, Related Parties, Interest, Fees, Distributions
π° Group Entities and Associates
π° Finance & RevenueSubsidiaries, Associates, Ownership, Interest
π° Contingencies and Subsequent Events
π° Finance & RevenueContingencies, Subsequent Events, Insurance Claims, Earthquakes
NZ Gazette 2014, No 84