Mahitahi Hauora Annual Report 20222023 FINAL v17 - Flipbook - Page 41
30 June 2023 - Notes to the Financial Statements for the Year Ended
16. Deferred Revenue
Deferred revenue relates to funds received from the Crown to fund various programmes which have not yet been expended at
year- end and which contain conditions surrounding the use and/or refund of unspent funds. The deferred revenue reflects the
contractual obligations to spend these funds on speci昀椀c projects. The funds associated with this income are restricted for use in
accordance with the obligations. These funds are recognised as revenue when the contracted services are delivered.
2023
2022
$
$
3,220,295
1,539,918
3,220,295
1,539,918
Funding budgeted for utilisation in the next 昀椀nancial year (current liability)
3,220,295
1,539,918
Total Deferred Revenue
3,220,295
1,539,918
Deferred revenue relates to funding received for:
Other Primary Health Programmes
17. Related Party Transactions
The Trust does not have a controlling entity. Related parties include key management personnel or a close member of their
family, Trustees and entities they control or have signi昀椀cant influence over.
Transactions with entities that Trustees control or have signi昀椀cant influence over.
2023
Payments
2023
Payables
2022
Payments
2022
Payables
$
$
$
$
9,927,286
390,559
8,476,309
117,987
COVID-19 Payments to GP practices
752,730
-
1,053,056
-
Payments to other providers
519,787
62,745
1,216,263
105,923
11,199,803
453,304
10,745,628
223,910
2023
Receipts
2023
Receivables
2022
Receipts
2022
Receivables
$
$
$
$
203,104
21,470
42,374
-
203,104
21,470
42,374
-
Payments by the Trust
Payments (excluding COVID-19) to GP
practices
Receipts by the Trust
Receipts for services from GP practices
Nature of the relationship and transactions
Broadway Health Centre and Broadway Health Kaitaia - Taco Kistemaker is a trustee of the Trust is also Director/Shareholder of
the related parties. The related party provides goods and services to the Trust.
Bayview Medical Centre - Suzanne Phillips is a trustee of the Trust is also Owner of the related party. The related party provides
goods and services to the Trust.
Ki A Ora Ngatiwai - Lynette Stewart is a trustee of the Trust is also the CEO of the related party. The related party provides goods
41.