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Annual Report 2010 - Christchurch City Council

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p246. <strong>Annual</strong> <strong>Report</strong><br />

<strong>Christchurch</strong> Otautahi<br />

<strong>2010</strong><br />

Financial statements<br />

Related parties<br />

(continued)<br />

Notes to financial statements<br />

40. Related parties (continued)<br />

(d) Key management personnel and elected<br />

members of the <strong>Council</strong><br />

The following transactions were entered into between the <strong>Council</strong><br />

and entities in which the <strong>Council</strong>lors have an interest:<br />

30 Jun 10 30 Jun 09<br />

Actual Actual<br />

$000s $000s<br />

Transactions<br />

Funding to Canterbury Development Corporation 3,406 3,737<br />

Sales to Canterbury Development Corporation 61 3<br />

- Norm Withers and Bob Shearing are directors<br />

Funding to CEDF Trustee Ltd 350 1,000<br />

- Bob Shearing is a director<br />

Loan repayment by Theatre Royal Charitable Foundation 10 7<br />

Sales to Theatre Royal Charitable Foundation 3 -<br />

- Barry Corbett is a director<br />

Funding to <strong>Christchurch</strong> and Canterbury Marketing Ltd 2,224 2,977<br />

Sales to <strong>Christchurch</strong> and Canterbury Marketing Ltd - 65<br />

- Norm Withers is a director<br />

Purchases from R A Shearing Contractors Ltd 3 -<br />

- Bob Shearing is a director<br />

Funding to the Canterbury Museum Trust 5,443 5,181<br />

Sales to Canterbury Museum Trust 7 -<br />

- Bob Parker, Helen Broughton and Mike Wall are trustees<br />

Grants payments to Terranova Charitable Trust - 148<br />

Sales to Terranova Charitable Trust - 333<br />

- Sally Buck was a trustee until July 2009

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