Rangatira Annual Report 2025 - Flipbook - Page 44
Rangatira Investments
2025
$000
2024
$000
12,457
2,286
983
3,700
- Revenue from the sale of goods
13,449
29,030
- Revenue from rendering of services
28,244
58,122
-
9,376
Dividends
Interest income
Other revenue:
- Gain on sale of business
643
944
- Share of associate companies’ profit or (loss) - see note 19.2
3,398
4,010
Total other revenue
45,734
101,482
2025
$000
2024
$000
17,678
32,735
- Other income
Note 3 Personnel expenses
Material accounting policies
Salaries and wages
Salaries and wages are recognised as an expense as employees provide services.
Salaries, wages and employee benefits
Kiwisaver employer contributions
446
787
Share-based payment expense - see note 15 for more detail
410
363
18,534
33,885
2025
$000
2024
$000
423
185
-
37
Total personnel expenses
Note 4 Operating expenses
Fees paid to auditors:
Audit and review of the financial statements of the Company and the Group (i)
- Group audit - KPMG New Zealand
- Annual audits of subsidiary and associate companies’ financial statements (i)
Other Assurance services:
- Taxation advice to subsidiaries (i)
-
12
423
234
Other operating expenses
9,057
15,955
Total operating expenses
9,480
16,189
Total fees paid to auditors
(i)
For amounts incurred during the periods subsidiaries were consolidated
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