Trustee
38
F I N A N C I A l S T A T E M E N T S
15 TRUSTEE MEETINGS AND HONORARIUM
The Trust Board held 15 formal meetings during the year. The following table records Trustee attendance at
those formal meetings:
Meeting Honorarium
Attendance
$
Van der Heyden, Ali (Deputy Chair to 31 Aug 2012; Chair from 1 Sept 2012)
13
21,371
Baddeley, Clint (Chair, retired 31 Aug 2012)
7
10,554
Barriball, Peggy
14
13,931
Chew, Alan (Appointed 1 Sept 2012)
7
7,388
Christian, Carolyn (Appointed 1 Sept 2012)
6
7,388
Flowers, Lynnette
13
12,665
Gillespie, John
14
12,665
Hosking, Bruce (Retired 31 Aug 2012)
7
5,277
Muru, Judith (Acting Deputy Chair 1 Sept 2012 - 14 Feb 2013)
14
14,116
Noble, Bill (Appointed 1 Sept 2012)
8
7,388
Nuri, Niwa
11
12,665
Paenga, John
8
12,665
Roa, Pamela
14
12,665
Sporle, Raewyn
11
12,665
Tan, Fee-Ching (Retired 31 Aug 2012)
6
5,277
Viggers, Maxine
15
12,665
Wilson, Edgar (Appointed 1 Sept 2012; Deputy Chair from 14 Feb 2013)
8
7,783
Yates, Dianne (Retired 31 Aug 2012)
6
5,277
Total Remuneration
194,405
In addition, during the year Trustees participated in committee meetings, Trust meetings with community
groups, and a range of professional development opportunities. Trustees were also invited to 87 events and
meetings within the community and were able to achieve representation at approximately 55 of those meetings.
16 CONFLICTS OF INTEREST
During the year Trustees and staff were required
to declare when they had either a direct or indirect
conflict of interest in a matter being considered by
the Trust. During the course of the year, 42 such
interests were recorded (2012: 69). A register of
those interests is available for inspection at the Trust.
17 RELATED PARTY TRANSACTIONS
Compensation
The compensation of Key Management Personnel
(Trustees and Management), is set out below:
2013
2012
NZ$’000
NZ$’000
Short Term Trustee and
Employee Benefits
375
397
375
397
Donations
Trustees were related to organisations that received
donations totalling $112,000 (2012: $234,500)
during the year. Interests were declared when these
donations were considered and Trustees took no part
in deliberations relating to organisations in which they
had an interest. There are no outstanding balances
at balance date.
There were no related party transactions for
Management during the year (2012: $38,500). In
2012, interests were declared when these donations
were considered and key management took no part
in deliberations relating to organisations in which they
had an interest. There are no outstanding balances
at balance date.
