129.042 Mahitahi Hauora Annual Report 2024-25_Spreadsv07 - Flipbook - Page 51
Notes to the Financial Statements for the Year Ended - 30 June 2025
Balances arising from transactions with related parties
2025
2024
$
$
17,716
10,782
Payables to Trustees' practices
(110,784)
(120,848)
Payables to other related party
(11,236)
(19,382)
(122,020)
(140,230)
Receivables from Trustees' practices
Key management personnel remuneration
The Trust classi昀椀es its key management personnel into the following classes:
- Board of Trustees
- Executive Management Team
The aggregate level of remuneration paid and number of persons in each class of key management personnel is presented below:
2025
Remuneration
2025
Number of
individuals
2024
Remuneration
$
2024
Number of
individuals
$
Board of Trustees - trustee fees
181,331
10
178,661
9
Executive Management Team
1,465,963
11
1,480,261
12
1,647,294
1,658,922
18. Financial Instruments
The tables below show the carrying amount of the Trust’s 昀椀nancial assets and 昀椀nancial liabilities.
Financial assets
Amortised cost
Financial liabilities
Amortised cost
Total
$
$
$
Cash and cash equivalents
1,595,291
-
1,595,291
Short-term deposits
5,581,523
-
5,581,523
Receivables
2,739,962
-
2,739,962
Payables
-
(1,093,795)
(1,093,795)
Funds held on behalf of other parties
-
(846,683)
(846,683)
9,916,776
(1,940,478)
7,976,298
2025
Subsequently not measured at fair value
51.
