129.042 Mahitahi Hauora Annual Report 2024-25_Spreadsv07 - Flipbook - Page 44
Notes to the Financial Statements for the Year Ended - 30 June 2025
7. Expenses (continued)
2025
2024
$
$
(1,283,639)
(1,173,790)
Employee kiwisaver
(118,933)
(89,853)
Repairs and maintenance
(26,983)
(26,462)
(144,135)
(140,068)
113
(101)
(181,340)
(178,661)
Audit fees - for audit of 昀椀nancial statements
(63,704)
(83,086)
Other operating expenses
(643,184)
(535,104)
(2,461,805)
(2,227,125)
2025
2024
$
$
1,595,242
8,281,625
49
133
1,595,291
8,281,758
Administrative costs consist of the following:
Employee remuneration
Depreciation
Note 11
Net gain (loss) on sales of property, plant and equipment
Trustee's fees
Note 18
8. Cash and Cash Equivalents
This account consists of the following:
Cash held on call in bank
Cash on hand
Funds totalling $846,684 (2024: $887,251) are held on behalf of other parties - see Note 15 and are thus not available for use
by the Trust. There are no other restrictions over any of the cash and cash equivalent balances held by the Trust. Per annum
interest ranges applicable to components of cash and cash equivalents 1.75% - 4.80% (2024: 2.45% - 4.20%)
9. Investments - Short Term Deposits
ANZ Commercial Term Deposits
Per annum interest rate ranges applicable to components of investments:
Per annum terms ranges applicable to components of investments:
44.
2025
2024
$
$
5,581,523
2,678,238
5,581,523
2,678,238
4.00% - 4.80%
4.20% - 6.15%
180 days
90 to 270 days
