Statement of Cash Flows

Te Kāhui O Taranaki Trust & Group as at 30 June 2021 with $1,200,000 paid as at balance date. (Last year: $1,020,000).

Taranaki Iwi Holdings Limited Partnership has entered into an agreement to become a limited partner in the Hāpai Commercial Property Limited Partnership.

Taranaki Iwi Holdings Limited Partnership has committed $11,176,471 of capital with $8,744,774 paid as at balance date. (Last year: $4,945,264).

Taranaki Iwi Holdings Limited Partnership has entered into an agreement to become a limited partner in the Direct Capital VI Limited Partnership. Taranaki Iwi Holdings Limited Partnership has committed $2,000,000 of capital with $361,783 paid as at balance date. (Last year: $15,822).

Taranaki Iwi Holdings Limited Partnership has committed to invest $2,000,000 in Movac Fund 5 Limited Partnership with $254,961 paid at balance date.

Taranaki Iwi Holdings Limited Partnership has committed to invest $5,000,000 in Hāpai Housing Limited Partnership with $742,188 paid at balance date.

Taranaki Iwi Holdings Limited Partnership has committed to invest $2,000,000 in Pioneer Capital Private Debt I Limited Partnership with $250,126 paid at balance date.

Taranaki Iwi Holdings Limited Partnership has committed to invest $500,000 in Pioneer Capital Partners IV Limited Partnership with $6,458 paid at balance date.

32. IMPACTS OF COVID-19

On March 11, 2020, the World Health Organisation declared the outbreak of a coronavirus (COVID-19) a pandemic. As a result, ongoing economic uncertainties have arisen which could negatively affect our operations and services due to the restrictions imposed to prevent the spread of the virus. The New Zealand Government announced a COVID-19 nationwide lock down on 17 August 2021 and on 7thof September 2021 the restrictions were reduced to COVID level 2 (Auckland region will remain at level 4). Governance have not yet had an opportunity to determine the full financial impact of the COVID-19 pandemic that may affect the Group.

33. SUBSEQUENT EVENTS

The following subsequent events for the Group after year end. (Last Year: $Nil)

• Sale of 5 Tennyson Street, Opunake in August 2021

• Capital call payment of $127,273 to Hāpai Development Property Limited Partnership in July 2021 Capital call payment of $1,541,206 to Pūainuku Vines Limited Partnership in September 2021

• Capital call payment of $324,425 to Pūai Tangaroa Limited Partnership in September 2021.

34. AUDIT

These financial statements have been subject to audit, please refer to Auditor’s Report.