Aktive Annual Report 2016/17
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52 <strong>Aktive</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2016</strong>/20<strong>17</strong><br />
20<strong>17</strong> <strong>2016</strong><br />
14. RELATED PARTIES<br />
Receivables<br />
No related party receivables - -<br />
Total Receivables - -<br />
Payables<br />
R. Lovett; Trustee fees payable - 6,000<br />
Total Payables - 6,000<br />
Revenue<br />
No related party sales transactions - -<br />
Total Revenue - -<br />
Expenses<br />
G. Child; Trustee fees 12,000 12,000<br />
R. Lovett; Trustee fees 24,000 24,000<br />
E. Lyndon; Trustee fees 12,000 12,000<br />
P. Meehan; Trustee fees 12,000 12,000<br />
H. Robinson; Trustee fees 12,000 12,000<br />
D. Tse; Trustee fees 6,000 -<br />
J. Wiggins; Trustee fees 12,000 12,000<br />
Total Expenses 90,000 84,000<br />
KEY MANAGEMENT PERSONNEL<br />
The key management personnel, as defined by PBE IPSAS 20 Related Party Disclosures, are the members of the governing body<br />
which is comprised of the Board of Trustees, and employees having the authority and responsibility for planning and controlling<br />
the activity of <strong>Aktive</strong>, which constitutes the governing body of <strong>Aktive</strong>. The aggregate remuneration of key management personnel<br />
and the number of individuals, determined on a full-time equivalent basis, receiving remuneration is as follows:<br />
KEY MANAGEMENT REMUNERATION<br />
Total remuneration. 856,158 772,156<br />
Number of persons 7 5<br />
15. EVENTS AFTER THE BALANCE DATE<br />
<strong>Aktive</strong> has entered into agreements with Sport New Zealand to receive $250,000 for Regional Sports Directors funding, $382,500<br />
for He Oranga Poutama funding, and $2,941,182 for KiwiSport funding.
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