Waikato River Authority Annual Report
2012
45
22 Reconciliation of the profit for the period with the net cash from operating activities
2012
2011
Profit/(Loss) for the period
11,219,157 113,825,068
Adjustments for:
Depreciation
4,327
-
Amortisation
2,873
-
Change in trade and other receivables
(4,013,170) (92,664,741)
Change in trade and other payables
150,251
-
Change in taxation refundable
52,875
(52,875)
Change in Provisions
67,478
-
Change in GST
(113,396)
-
Items reclassified to investing activities
(59,421)
-
(3,908,183) (92,717,616)
Net cash from operating activities
7,310,974 21,107,452
23 Related parties
Transactions with key management personnel including Trustees
Key management personnel compensation comprised:
2012
2011
Trustee fees
- H Biddle
Iwi appointee
2,964
-
- P Buckley
Crown appointee
2,280
-
- J Kaati
Iwi appointee
2,508
-
- A Livingston
Crown appointee
1,368
-
- Hon. J Luxton
Crown appointee
8,030
-
- T Morgan
Iwi appointee
5,475
-
- S O’Sullivan
Iwi appointee
2,280
-
- R Pikia
Iwi appointee
3,192
-
- D Stebbing
Iwi appointee
-
-
- S Strang
Crown appointee
5,016
-
- J Vernon
Crown appointee
4,104
-
37,217
-