Triathlon New Zealand Annual Report 2025 - Flipbook - Page 34
Statement of Financial Performance
Triathlon New Zealand Incorporated
For the year ended 31 December 2025
NOTES
2025
2024
Donations, koha, bequests and other general fundraising activities
1
250,000
166,500
General grants
1
295,147
257,875
Government service delivery grants/contracts
1
1,103,387
1,425,292
Revenue
Membership fees and subscriptions
1
179,263
264,505
Revenue from commercial activities
1
965,434
587,454
2,175
10,676
Interest, dividends and other investment revenue
Other revenue
140,184
100,586
Total Revenue
2,935,589
2,812,887
Expenses
Employee remuneration and other related expenses
2
1,364,013
1,367,660
Other expenses related to service delivery
2
1,077,152
1,333,757
Expenses related to commercial activities
2
206,221
218,226
Grants and donations made
2
10,000
5,000
Other expenses
127,458
180,522
Total Expenses
2,784,844
3,105,165
150,746
(292,278)
Net (Deficit) / Surplus for the Year
This statement should be read in conjunction with the following 'Statement of Accounting Policies' and 'Notes to the Financial Statements'.
Performance Report
Triathlon New Zealand Incorporated
Page 7 of 24
