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You are here: Home → Publications → Model financial statements → Council-controlled organisations → Notes to the financial statements → Note 4: Personnel costs

Note 4: Personnel costs

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

Note 3: Gains Note 5: Finance costs Right arrow

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.

Note 3: Gains Note 5: Finance costs Right arrow

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