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Note 4: Personnel costs

Te Motu Regional Economic Development Trust: Model financial statements 2008/09.

Personnel costs

NZ IAS 1.103(c)
Actual
2009
Actual
2008

Salaries and wages 902,578 799,775
NZ IAS 19.46 Employer contributions to defined contribution plans 23,400 21,250

Increase/(decrease) in employee entitlements 3,120 2,824

Total personnel costs 929,098 823,849





Employer contributions to defined contribution plans include contributions to Kiwisaver.