129.042 Mahitahi Hauora Annual Report 2024-25_Spreadsv07 - Flipbook - Page 50
Notes to the Financial Statements for the Year Ended - 30 June 2025
17. Related Party Transactions
The Trust does not have a controlling entity. Related parties include key management personnel or a close member of their
family, Trustees and entities they control or have signi昀椀cant influence over.
Transactions with entities that Trustees control or have signi昀椀cant influence over.
Transactions between the Trust and Trustees’ Practices
Payments by the Trust
Note
2025
2024
$
$
Trustees’ practices
First Level Services*
(a)
7,923,598
6,454,937
Payments to practices
(a)
1,145,511
648,315
-
15,440
9,069,109
7,118,692
127,695
333,928
9,196,804
7,452,620
COVID Payments to GP Practices
Other related parties - payment for services
(b)
* All payments are made to the Trustees Practices, except First Level Services where payments are made to individual GPs.
(a) During the year the Trust made payments to GP practices in relation to First Level Services, Programme claims and PHO
performance management. Some of these individuals are Trustees of the Trust. In the case of payments for First Level
Services, the payments are made on behalf of the Te Whatu Ora/Health NZ and are based on registers of enrolled patients
submitted by the doctors to the Te Whatu Ora/Health NZ. The payments to GP practices for programme claims are made to
all GP Practices at the same rate within their PHO area regardless of their status as a Trustee or non-Trustee. The payments
for performance management are based on algorithms that reflect the contribution of doctors an/or practices to PHO
performance management targets. The algorithms are applied consistently in calculating and making payments to doctors’
practices regardless of whether the doctor is a Trustee or not.
(b) Ngati Hine Health Trust - Moe Milne is a trustee of the Trust and is a member of the related party. The related party provides
goods and services to the Trust.
Receipts by the Trust
Note
2025
2024
$
$
From Trustees' practices
(c)
211,615
153,345
From other related party
(d)
125
215,000
211,740
368,345
(c) During the year, the Trust charged GP practices fees based on their patient numbers at a certain date to cover a portion of
the Trust’s costs. Some of these individuals are Trustees of the Trust.
(d) In 2024, the Trust provided support services of $215,000 to Ngati Hine Health Trust.
50.
