2010-11 Annual Report - Taranaki District Health Board

Notes to the Financial Statements
For the Year Ended 30 June 2011
22 RELATED PARTIES - KEY MANAGEMENT PERSONNEL
Group
Parent
2011 2010 2011 2010
$000 $000 $000 $000
Compensation of key management personnel
Short-term employee benefits 1,977 1,899 1,977 1,899
Post-employment benefits - - - -
Other long-term benefits - - - -
Termination benefits - - - -
1,977 1,899 1,977 1,899
Key management personnel include all board members and members of the executive management team.
23 FINANCIAL INSTRUMENT CATEGORIES
The carrying amounts of financial instruments in each of the NZ IAS 39 categories are
as follows:
Group
Parent
2011 2010 2011 2010
FINANCIAL ASSETS Note $000 $000 $000 $000
Loans and receivables
Cash and cash equivalents 7 3,069 2,825 2,849 2,776
Debtors and other receivables 8 8,791 7,921 8,513 7,608
Loans to associates 10 10 65 10 65
Other investments 10 57 57 57 57
Term deposits 10 31,000 31,000 31,000 31,000
Restricted Assets and Trust Funds 15 724 681 - -
Total loans and receivables 43,651 42,549 42,429 41,506
FINANCIAL LIABILITIES
Note
Financial liabilities at amortised costs
Trade and other payables 16 25,394 24,791 30,258 29,747
Finance lease liabilities 17 - 526 - 526
Loans from Crown Health Financing Agency 17 29,000 29,000 29,000 29,000
Total financial liabilities 54,394 54,317 59,258 59,273
The fair value of all of the above financial instruments approximately equal their carrying value with the exception of loans from Crown Health
Financing Agency.
The fair value of the $29,000k of loans from the Crown Health Financing Agency at 30th June 2011 was calculated at $31,118k (2010: $31,362k).