Annual Report 2015-2016

Aktive Annual Report 2015/2016 45
2016
14. RELATED PARTIES
Receivables
No related party receivables -
Total Receivables -
Payables
R. Lovett; Trustee fees payable 6,000
Total Payables 6,000
Revenue
No related party sales transactions -
Total Revenue -
Expenses
G. Child; Trustee fees 12,000
R. Lovett; Trustee fees 24,000
E. Lyndon; Trustee fees 12,000
P. Meehan; Trustee fees 12,000
H. Robinson; Trustee fees 12,000
J. Wiggins; Trustee fees 12,000
Total Expenses 84,000
KEY MANAGEMENT PERSONNEL
The key management personnel, as defined by PBE IPSAS 20 Related Party Disclosures, are the members of
the governing body which is comprised of the Board of Trustees, and employees having the authority and responsibility
for planning and controlling the activity of Aktive, which constitutes the governing body of Aktive. The aggregate remuneration
of key management personnel and the number of individuals, determined on a full-time equivalent basis, receiving remuneration
is as follows:
KEY MANAGEMENT REMUNERATION
Total remuneration. 772,156
Number of persons 5.2
15. EVENTS AFTER THE BALANCE DATE
Aktive has entered into agreements with Sport New Zealand to receive $18,392,000 for 4 years of community sport funding
and $382,500 for 12 months of He Oranga Poutama funding, also with NZ Rugby Union to receive $150,000 for 3 years of
club capability development funding, and with Trillian Trust to receive $100,000 for 12 months of funding for water safety.