Third Age Health announces FY2021 Annual Report

Th i r d Age Heal t h Ser v i ces Li m i t ed
and subsi di ar y
Annual Report
Ye a r e n d e d 3 1 M a r ch 2 0 2 1

Tab l e o f co n t en t s
1
Page
Ch a i r m a n & Ch i e f Ex e c u t i v e Of f i c e r ’ s r e p o r t2
Yo u r Di r e c t o r s4
Di r ect or s’ r espo nsi bi l i t y st at ement6
Co n so l i d a t e d f i n a n c i a l st a t e m e n t s
Co n so l i d a t e d st a t e m e n t o f c o m p r e h e n s i v e i n c o m e
Co n so l i d a t e d st a t e m e n t o f c h a n g e s i n e q u i t y
Co n so l i d a t e d st a t e m e n t o f f i n a n c i a l p o s i t i o n
Co n so l i d a t e d st a t e m e n t o f c a sh f l o w s
Not es t o t he consolidat ed f inancial st at ement s
7
9
10
11
12
Independent auditor’s report
38
St a t e m e n t o f c o r p o r a t e g o v e r n a n c e41
Sh a r e h o l d e r a n d s t a t u t o r y i n f o r m a t i o n51
Co r p o r a t e d i r e c t o r y55

Th i r d Age Heal t h Ser vi ces Li m i t ed
Ch a i r m a n & Ch i e f Ex e c u t i v e Of f i c e r ’ s r e p o r t
2
Dear Shar ehol der
We are pleased t o present you wit h our Annual Report f or t he year ending 31 March 2021.
In a number of ways, it has been a big year for the company.
We complet ed a wholesale funding r ound in Oct ober 2020. Demand for our shares was approximat ely t wo
times the number that the company itself had available to sell, and we were delighted to welcome a
meaningful number of addit ional shareholders. New capit al was raised, which has been put aside for
acqui si t i ons.
We debut ed on NZX’s main board on 11 February 2021 under t he t icker code “ TAH” , in what is known as a
direct list ing (meaning no new money sought or shares sold at t he t ime). As a result , t hough, t he company’s
shar es can be t r aded publ i cl y, and i t w i l l be easi er t o access capi t al mar ket s t o f ur t her assi st our acqui si t i on
programme if required.
Th e b u si n ess i s w el l - p o si t i o n ed f o r f u r t h er gr o w t h - or gani cal l y an d vi a acq ui si t i on s o f com p at i b l e m ed i cal
practices. We are focused on both.
Addi t i onal l y, we wer e pl eased t o di st r i but e a speci al di vi dend t o shar ehol der s on 29 M ar ch 2021.
Th e co m p an y h as n avi gat ed i t s w ay t h r o u gh t h e COVI D p an d emi c w el l , d u e t o i t s st an d ar d o p er at i ng m o d el
which includes the supply of remote management and telehealth services and which were already well
ent renched in t he Company.
New Zealand has been r elat ively well-insulat ed f r om t he impact of COVID compar ed t o many ot her mar ket s
and whi l e we have seen i ncr eased need f or our t el eheal t h ser vi ces at t i mes, our 6,000+ pat i ent s i n aged
residential care facilities, private hospitals, secure dementia facilities and the broader community still need to
be seen regularly by our team of primary care providers.
Th e b o ar d w o ul d l i ke t o ackn o w l ed ge o u r o per at i o n al p er so n n el an d pr act i t i o ner s, an d o u r cl i en t s’ o w n
dedicated st aff, for t heir absolut e at t ention t o meeting pat ient needs - which was especially evident during the
COV I D l o c k d o w n s. I t t o o k t o t a l d e d i c a t i o n a n d a d a p t a b i l i t y , a n d w e t h a n k e v e r y o n e i n v o l v e d .

Th i r d Age Heal t h Ser vi ces Li m i t ed
Ch a i r m a n & Ch i e f Ex e c u t i v e Of f i c e r ’ s r e p o r t
3
Gr o w t h f r o m t h e t w o p r i m ar y car e m e d i cal se c t o r s w e o p e r at e i n h as c o n t i n u e d , w i t h t h e n u m b e r o f p at i e n t s
we care for increasing over the second half of the financial year ended 31 March 2021. We believe the current
trajectory will see us achieve another positive result in the coming financial year.
We invit e you t o read our 2021 Annual Report and look forward t o seeing you at our Annual General Meet ing,
set t o be hel d i n Sept ember 2021. Look f or announcement s per t ai ni ng t o t hi s meet i ng i n due cour se.
Bevan Wal sh
Fo u n d e r an d Ch ai r
Michael Haskell
Ch i e f Ex e c u t i v e Of f i c e r

Th i r d Age Heal t h Ser vi ces Li m i t ed
Yo u r D i r e c t o r s
4
Be van Wal sh
Fo u n d e r an d Ch ai r m an
Nor ah Barlow, ONZM
Independent Director
Jo h n Fe r n a n d e s
Independent Director
Wayne Williams
Independent Director
Bevan st ar t ed a m o bi l e
medical services business in
2007 providing af t er-hours
gener al pr act i t ioner home
visit s. This led him t o
uncover needs in t he aged
residential care (ARC) sector
for a dependable, client
focused "24/ 7/365" primary
care ser vi ce ai med
speci f i cal l y at sat i sf yi ng ARC
provider requirement s and
Bevan acco r d i ngl y
est ablished Third Age Healt h
in 2010 to meet those needs
(and sold t he earlier
business).
Bevan j oi n ed t h e b o ar d o n 5
November 2011, ser ving
si nce 2013 as Chai r man of
the Board of Directors for
Th i r d Age Heal t h, Bevan
offers guidance and
execut ive leadership in
concert wi t h hi s f el l ow
board members. Third Age
Heal t h Ser vi ces Li mi t ed: NZX
Li st i n g Pr o f i l e 1 4 I n add i t i o n
to Third Age Health, Bevan is
cur rent l y a di r ect or of
Haw kes Bay Wel l ness Cent r e
Li m i t ed , Co n ci er ge M e di cal
Se r v i c e s Li m i t e d , T h i r d A g e
Di gi t al Heal t h Li mi t ed, and
Sw i t c h Li m i t e d . B e v a n ' s
qualificat ions include a
Ce r t i f i c at e i n Bu si n e ss
Co m p u t i n g ( Ca r r i n gt o n
Po l yt e ch n i c) .
Norah was appointed to the
board on 24 June 2019 and
has a career hist ory of
managing t he provision of
care t o ol der adul t s.
Norah is t he current CEO
and a di rect or of Heri t age
Li f ecar e Li mi t ed (NZ) . Sh e i s
the former CEO and a
cur r ent di r ect or of Est i a
Heal t hcare (EHE – ASX), and
a f or mer CEO and di rect or of
Su m m e r s e t Gr o u p H o l d i n g s
(SUM – NZX). Norah was
heavily involved in bot h
companies' successf ul IPOs.
Nor ah is a highly skil led and
experienced business
execut ive wit h ext ensive
experience as a professional
direct or. Her past
direct orships include life
insurance company Cigna,
and r et i rement communi t y
business Ingenia
Co m m u n i t i e s Gr o u p ( I N A –
ASX).
In addition to Third Age
Heal t h, Her i t age Lif ecar e
Li m i t ed , an d so me o f i t s
associ at ed compani es,
Nor ah is cur r ent ly a dir ect or
of Evert on Homes Limit ed,
Merseyside Limited, and
Co m m u n i t y Su p p o r t Se r v i c e s
ITO Limited. Norah has a
Bach el o r o f Co m mer ce an d
Admi ni st r at ion f r om Vi ct or i a
Uni ver si t y.
In the 2014 Queen’s
Bi r t h d ay Hon o u r s, No r ah
was appointed an Officer of
the New Zealand Order of
Merit, for services to
business.
John was appointed to the
board on 6 February 2019
and has near l y 20 year s’
experience in st rat egy,
finance and continuous
improvement within financial
ser vi ces, t el co, medi a and
technology businesses in
New Zealand.
Jo h n i s p r e se n t l y CFO o f
MacroActive and Executive
Di r ect or of Anj ul i M ack Fi t .
He has pr evi ousl y ser ved as
Quant um Progr am Lead at
Sp a r k N Z, Gr o u p H e a d o f
St r a t e g y a t M e d i a W o r k s,
Head of St r at egy at NZX, and
Bu si n ess An al yst at Gol d m an
Sa c h s JB W e r e .
In addition to Third Age
Heal t h, John i s cur r ent l y a
direct or of JSRF Limit ed, Big
Fat Ph e asan t Li mi t e d , an d
Anj uli M ack Fi t Li mit ed.
Hi s qual i f i cat i ons i ncl ude an
MBA – The University of
Auckl and and a Post
Gr ad u at e Di p l o m a i n
Bu si n ess Ad mi n i st r at i o n –
Th e Uni ver si t y o f Au ckl and .
Wayne Williams was
appoint ed t o t he
board on 10 June
2021 Formerly a
Par t n e r o f KPM G,
Wayne has close t o 30
years’ experience
within the health
sect or . He has wor ked
in line management
and consul t i ng r oles
within primary care,
DHBs and t he M OH.
He i s cur r ent l y CEO of
Al l iance Healt h Pl us
Tr u st , a Paci f i c-l ed
Pr i m ar y He al t h
Or gan i sat i o n b ased i n
So u t h A u c k l a n d a n d i s
al so on t he boar d of
Bay of Pl ent y DHB.
He i s a member of t he
Institute of Chartered
Account ant s Aust r ali a
and New Zeal and and
a Char t er ed M ember
of t he Inst itut e of
Di r ect or s.

5
Co n so l i d a t e d f i n a n c i a l st a t e m e n t s
Th i r d Age Heal t h Ser vi ces Li m i t ed
and subsi di ar y
Fo r t h e y e ar e n d e d 3 1 M ar ch 2 0 2 1

Th i r d Age Heal t h Ser vi ces Li m i t ed
Di r ect o r s’responsibility statement
6
Th e Di r ect o r s of Th i r d Age Heal t h Ser vi ces Li m i t ed ( t h e “ Co m p an y” ) ar e p l eased t o pr esen t t o sh ar eh o l d er s t h e
financial statements for Third Age Health Services Limited and its subsidiary (“the Group”) for the year ended
31 March 2021.
Th e Di r ect o r s ar e r esp o n si b l e f or p r esen t i n g f i n an ci al st at em en t s i n acco r d ance w i t h New Zeal an d l aw an d
gener al l y accept ed account i ng pr act i ce, whi ch pr esent f ai r l y i n al l mat er i al r espect s t he f i nanci al posi t i on of
the Group as at 31 March 2021 and the results of its operations and cash flows for the year ended on that
dat e.
Th e f i n an ci al st at em en t s o f t h e Gr o u p h ave been p r ep ar ed u si n g acco u n t i n g p o l i ci es w h i ch h ave b een
consi st ent l y appl i ed and suppor t ed by r easonabl e j udgement s and est i mat es and t hat al l r el evant f i nanci al
reporting standards have been followed.
Th e Di r ect o r s b el i eve t h at p r op er acco u n t i n g r eco r d s h ave been kep t w h i ch en ab l e w i t h r easo n abl e accur acy
the determination of the financial position of the Group and facilitate compliance of the financial statements
with the Companies Act 1993, NZX Listing Rules and Financial Markets Conduct Act 2013.
Th e Di r ect o r s en su r e t h at t h ey h ave t aken adeq u at e st ep s t o saf egu ar d t h e asset s o f t h e Gr o u p an d t o p r even t
and det ect f r aud and ot her i rr egul ar i t i es. Int er nal cont r ol pr ocedur es ar e al so consi der ed t o be suf f i ci ent t o
provide a reasonable assurance as t o the int egrit y and reliability of t he financial st at ement s.
Th e co n so l i d at ed f i n an ci al st at em en t s p r esen t ed ar e si gn ed o n b eh al f o f t h e Bo ar d o n 29 Ju n e 2021 b y:
Bevan Wal sh
Fo u n d e r an d ch ai r m an
Jo h n Fe r n a n d e s
Ch a i r A u d i t Co m m i t t e e

Th i r d Age Heal t h Ser vi ces Li m i t ed
Co n so l i d a t e d st a t e m e n t o f c o m p r e h e n s i v e i n c o m e
Fo r t h e y e ar e n d e d 3 1 M ar ch 2 0 2 1
7
Gr o u pGr o u p
20212020
Notes
NZ$NZ$
Se r v i c e r e v e n u e6.2 5,490,374 5,260,440
Co st o f sa l e s(2,169,140)(2,335,666)
Gr o ss pr o f i t
3,321,234 2,924,774
Ot h er i nco me7 52,059 366
Co st s o f e m p l o y e e s, c o n t r a c t o r s, a n d d i r e ct o r s9(1,145,341)(749,596)
Li st i n g expen ses(166,847) -
Fi n an ce co st s (43,059) (70,387)
Sh a r e b a s e d p a y m e n t s e x p e n s e23 -(185,102)
Pr o f e ssi o n al an d co n su l t i n g f e es
(75,824)(129,803)
Depr eci at i on and amor t i sat i on
(113,531) (57,132)
Ot h er exp en ses(275,709)(286,331)
Pr o f i t b ef or e i n com e t ax8
1,552,982 1,446,789
Income tax expense10(511,509)(471,805)
Pr o f i t af t er i n co m e t ax f r o m co n t i n u i n g o p er a t i o n s
1,041,473 974,984
Di scont i nued oper at i ons
Pr o f i t f o r t h e y e ar f r o m d i sco n t i n u e d o p e r at i o n s28 - 347,632
Pr o f i t f o r t h e y ear
1,041,473 1,322,616
Ot her co mpr ehensi ve i ncome
It ems that may be reclassified to profit or loss:
Ex c h a n g e d i f f e r e n ce s o n t r a n sl at i o n o f d i sco n t i n u e d
operations - (7,119)
Tot al ot her compr ehensi ve i ncome -
(7,119)
To t al com p r eh ensi ve i n com e f or t he y ear
1,041,473 1,315,497
Co n t i n u e s o n n e x t p a ge

Th i r d Age Heal t h Ser vi ces Li m i t ed
Co n so l i d a t e d st a t e m e n t o f c o m p r e h e n s i v e i n c o m e
Fo r t h e y e ar e n d e d 3 1 M ar ch 2 0 2 1
8
Gr o u pGr o u p
20212020
Notes
NZ$NZ$
Pr o f i t f o r t h e y ear at t r i b u t ab l e t o:
Eq u i t y h o l d e r s o f t h e p a r e n t1,041,4731,322,616
Di scont i nued oper at i ons-340,513
1,041,4731,315,497
Ea r n i n g s p e r sh a r e
Fr o m co n t i n u i n g an d d i sco n t i n u e d o p e r at i o n s:
Basi c ear n i ngs p er sh ar e ( cen t s per sh ar e)2211.114.8
Di l ut ed ear ni ngs per shar e (cent s per shar e)2211.014.6
Fr o m co n t i n u i n g o p e r at i o n s:
Basi c ear n i ngs p er sh ar e ( cen t s per sh ar e)2211.110.9
Di l ut ed ear ni ngs per shar e (cent s per shar e)22-10.8
Th ese f i n an ci al st at emen t s ar e t o b e r ead i n co nj u n ct i on w i t h t h e acco mp an yi n g n ot es.

Th i r d Age Heal t h Ser vi ces Li m i t ed
Co n so l i d a t e d st a t e m e n t o f c h a n g e s i n e q u i t y
Fo r t h e y e ar e n d e d 3 1 M ar ch 2 0 2 1
9
Sh a r e
Ca p i t a l
Fo r e i gn
Cu r r e n c y
Tr an sl at i o n
Re se r v e
Sh a r e
Based
Pay m en t
Re se r v e
Re t a i n e d
ear ningsTo t al
Notes
NZ$NZ$NZ$NZ$NZ$
Bal ance at 1 Apr i l 2019(1,290,399)7,119421,777831,939(29,564)
Pr o f i t f o r t h e y e ar ---1,322,6161,322,616
Ot h er co mp r eh en si ve i n co me25 -(7,119)- -(7,119)
To t al com p r eh ensi ve i n com e f or
the year -(7,119)-1,322,6161,315,497
Sh a r e b u y b a c k24.1(260,946)-- -(260,946)
Sh a r e s i s s u e d24.1250,890-- -250,890
Di vi dend24.2 ---(600,000)(600,000)
Sh a r e b a s e d p a y m e n t s23 --185,102 -185,102
Bal an ce at 31 M ar ch 2020(1,300,455)-606,8791,554,555860,979
Pr o f i t f o r t h e y e ar ---1,041,4731,041,473
Ot h er co mp r eh en si ve i n co me --- - -
To t al com p r eh ensi ve i n com e f or
the year---1,041,4731,041,473
Sh a r e s i s s u e d24.1 1,531,151-- -1,531,151
Di vi dend24.2 ---(1,400,000) (1,400,000)
Tr an sact i o n co st s ar i si n g o n i ssu e
of shares24.1 (57,569)-- - (57,569)
Bal an ce at 31 M ar ch 2021173,127-606,8791,196,0281,976,034
Th ese f i n an ci al st at emen t s ar e t o b e r ead i n co nj u n ct i on w i t h t h e acco mp an yi n g n ot es.

Th i r d Age Heal t h Ser vi ces Li m i t ed
Co n so l i d a t e d st a t e m e n t o f f i n a n c i a l p o s i t i o n
Fo r t h e y e ar e n d e d 3 1 M ar ch 2 0 2 1
10
Gr o u pGr o u p
20212020
Not es
NZ$NZ$
Cu r r e n t a s se t s
Ca sh a n d c a sh e q u i v al e n t s
12 1,829,181 885,681
Tr ad e and ot h er r ecei vabl es
14 344,656 306,039
Lo an r ecei v ab l e
15 59,066 -
To t al cur r en t asset s
2,232,903 1,191,720
Non-cur r ent asset s
Pr o p e r t y , p l an t an d e q ui p m en t 11,452 14,757
Ri gh t - o f - u se - a sse t s19 227,174 -
Int angible assets
11 781,869 835,303
Lo an r ecei v ab l e
15 297,317 360,950
Def er r ed t ax asset
10.2 19,757 8,239
To t al n o n- cu r r en t asset s
1,337,569 1,219,249
To t al asset s
3,570,472 2,410,969
Cu r r e n t l i a b i l i t i e s
Tr ad e and ot h er p ayab l es
16 592,374 439,265
Bo r r o wi n gs
18 - 126,000
Cu r r e n t t a x l i a b i l i t i e s
319,109 156,999
Em p l o y e e sh a r e p u r c h ase p l an d e p o si t s
23.1 345,170 161,037
Lease l i ab i l i t i es
19 52,986 -
To t al cur r en t l i ab i l i t i es
1,309,639 883,301
Non-cur r ent l i abi l i t i es
Bo r r o wi n gs
18 - 547,000
Lease l i ab i l i t i es
19 180,071 -
Def er r ed t ax l i abi l i t y
10.2 104,728 119,689
To t al n o n - cu r r en t l i ab i l i t i es
284,799 666,689
To t al l i ab i l i t i es
1,594,438 1,549,990
Net asset s
1,976,034 860,979
Eq u i t y
Sh a r e c a p i t a l
24 173,127 (1,300,455)
Sh a r e b a s e d p a y m e n t r e se r v e
23 606,879 606,879
Re t ai n e d e a r n i n g s
1,196,028 1,554,555
To t al eq u i t y
1,976,034 860,979
Th ese f i n an ci al st at emen t s ar e t o b e r ead i n co nj u n ct i on w i t h t h e acco mp an yi n g n ot es.

Th i r d Age Heal t h Ser vi ces Li m i t ed
Co n so l i d a t e d st a t e m e n t o f c a sh f l o w s
Fo r t h e y e ar e n d e d 3 1 M ar ch 2 0 2 1
11
Gr o u p
Gr o u p
20212020
Notes
NZ$NZ$
Ca s h f l o w s f r o m o p e r a t i n g a c t i v i t i e s
Re c e i p t s f r o m o p e r a t i n g a c t i v i t i e s
5,473,449 5,644,365
Interest paid
(43,059) (72,257)
Interest received
30,368 366
Income taxes paid
(398,650) (451,084)
Pay m e n t s t o su p p l i e r s an d e m p l o y e es
(3,511,811) (3,780,450)
Net cash f r om oper at i ng act i vi t i es
13
1,550,297 1,340,940
Ca s h f l o w s f r o m i n v e s t i n g a c t i v i t i e s
Pay m e n t s t o p u r ch ase p r o p e r t y , p l an t an d e q u i p m e n t - (4,921)
Ca sh d e r e c o g n i se d o n d i sp o sa l o f su b si d i a r y28 - (3,332)
Pr o cee d s f r o m d i sp o sal o f Th i r d Age He al t h Au st r al i a - 100,096
Net cash f l ow s gener at ed by i nvest ing act ivi t ies -
91,843
Ca s h f l o w s f r o m f i n a n c i n g a c t i v i t i e s
Re p a y m e n t o f b o r r o w i n g s (673,000) (795,018)
Pr o ceed s f r o m b o r r o w i n gs - 715,000
Pay m e n t s t o r el at e d p ar t i e s - (570,546)
Deposi t s r ecei ved under shar e pur chase pl an 308,313 72,413
Pr i n ci p al el e m e n t s o f l e ase p ay m e n t s
(50,911) -
Di vi dends pai d (1,400,000) (586,799)
Pay m e n t s f o r sh ar e b u y b ack s - (3,591)
Pr o cee d s f r o m i ssu i n g sh ar e s 1,266,370 213,864
Pay m e n t s f o r co st s o f i ssu i n g sh ar e s (57,569) -
Net cash f l ow s used i n f i nanci ng act i vi t i es
(606,797) (954,677)
Net i ncr ease i n cash and cash equi val ent s
943,500 478,106
Ca sh a n d c a sh e q u i v al e n t s a t t h e b e gi n n i n g o f t h e y e a r 885,681 407,575
Ca s h a n d c a s h e q u i v a l e n t s a t t h e e n d o f t h e y e a r12
1,829,181 885,681
Th ese f i n an ci al st at emen t s ar e t o b e r ead i n co nj u n ct i on w i t h t h e acco mp an yi n g n ot es.

Th i r d Age Heal t h Ser vi ces Li m i t ed
Not es t o t he consolidat ed f inancial st at ement s
Fo r t h e y e ar e n d e d 3 1 M ar ch 2 0 2 1
12
1.Re p o r t i n g e n t i t y
Th e co n so l i d at ed f i n an ci al st at em en t s f o r Th i r d Age Heal t h Ser vi ces Li m i t ed an d i t s su b si di ar i es ( t h e " Gr o u p" ) .
Th e Par en t i s i n cor p o r at ed an d do m i ci l ed i n New Zeal an d and r egi st er ed u n d er t h e Com p an i es Act 1993. Th e
parent 's shares are publicly traded on t he New Zealand St ock Exchange (NZX). The Parent has been list ed on
the NZX since 15 February 2021. The principal trading activity of the Group is the provision of medical services
to the aged care sector.
Th e f i n an ci al st at emen t s o f t h e Gr o u p ar e f o r t h e year en d ed 31 M ar ch 2021. The f i n anci al st at em en t s w er e
aut hor i sed f or i ssue by t he Di r ect or s as dat ed i n t he Dir ect or s' Responsi bi l i t y St at ement .
2.St a t e m e n t o f a c c o u n t i n g p o l i c i e s
2.1Basi s o f p r ep ar at i o n
Th e f i n an ci al st at emen t s h ave b een p r ep ar ed i n accor d an ce w i t h New Zeal an d Gen er al l y Accep t ed Acco u n t i n g
Pr act i ce ( " NZ GAAP" ) . Th e y co m p l y w i t h t h e Ne w Ze al an d e q u i v al en t s t o I n t e r n at i o n al Fi n an ci al Re p o r t i n g
St a n d a r d s ( " N Z I FRS" ) a n d o t h e r a p p l i c a b l e Fi n a n c i a l Re p o r t i n g St a n d a r d s , a s a p p r o p r i a t e . T h e s e f i n a n c i a l
st at ement s compl y w i t h Int er nat i onal Fi nanci al Repor t i ng St andar ds (" IFRS" ) as publ i shed by t he Int er nat i onal
Account i ng St andar ds Boar d. For t he pur poses of compl yi ng wi t h NZ GAAP, t he Gr oup i s a f or -pr of i t ent i t y.
Th ese f i nan ci al st at em en t s h ave b een p r ep ar ed i n accor d ance w i t h t h e r equ i r em en t s of t he Com p an i es Act
1993.
Th e f i n an ci al st at em en t s h ave been p r ep ar ed i n acco r d an ce w i t h t h e Fi n an ci al M ar ket s Co n du ct Act 2013.
2.2Basi s o f m easu r em en t
Th e f i n an ci al st at em en t s h ave been p r ep ar ed o n t h e h i st or i cal co st b asi s excep t f i n an ci al i n st r u m en t s t h at ar e
measured at revalued amount s or fair values at t he end of each report ing period, as explained in t he
account i ng pol i ci es bel ow.
Hi st or i cal cost i s gener al l y based on t he f ai r val ue of t he consi der at i on gi ven i n exchange f or goods and
ser vi ces.
2.3Basi s o f co n so l i d at i o n
Th e co n so l i d at ed f i n an ci al st at em en t s i n cor p o r at e t h e f i n anci al st at em en t s of t he Com p an y an d en t i t i es
(including struct ured ent it ies) cont rolled by t he Company and it s subsidiaries. Control is achieved when t he
Co m p a n y :
xhas power over t he invest ee
xis exposed, or has rights, to variable returns from its involvement with the investee; and
xhas t he abilit y t o use it s power t o affect it s ret urns.
Th e Co m p any r eassesses w h e t her o r n o t i t co n t r o l s an i n vest ee i f f act s an d ci r cu m st an ces i n di cat e t h at t h er e
ar e changes t o one or mor e of t he t hr ee el ement s of cont r ol l i st ed above.
When necessary, adjust ment s are made t o t he fi nancial st atement s of subsidiaries t o bring t heir account ing
policies int o line wit h t he Group's account ing policies.
Al l i nt r agr oup asset s and l i abi l i t i es, equi t y, i ncome, expenses and cash f l ows r el at i ng t o t r ansact i ons bet ween
members of t he Group are eliminat ed in full on consolidat ion.
2.4Fu n ct i o n a l a n d p r e se n t a t i o n a l cu r r e n cy
Th e i n di vi d u al f i n an ci al st at emen t s o f each Gr o u p en t i t y ar e m ai n t ai n ed i n t h e cu r r en cy o f t h e pr i m ar y
economi c envir onment in which t he ent it y operat es (it s f unct ional currency). For t he purpose of t he
consol i dat ed f i nanci al st at ement s, t he r esul t s and posi t i on of each Gr oup ent i t y ar e expr essed i n NZD, whi ch i s

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the functional currency of the Company and the presentation currency for the consolidated financial
st at ement s.
In preparing the financial statements of each individual group entity, transactions in currencies other than the
ent it y' s f unct ional currency (f oreign curr encies) are recognised at t he r at es of exchange prevaili ng at t he dat es
of t he t ransact ions. At t he end of each reporting period, monet ary it ems denominated in foreign currencies
ar e r et r ansl at ed at t he r at es pr evail i ng at t hat dat e. Non-monet ar y i t ems carr i ed at f ai r val ue t hat ar e
denominat ed in foreign currencies are ret ranslat ed at t he rat es prevailing at t he dat e when t he fair value was
det ermined. Non-monet ary it ems t hat are measured in t erms of hist orical cost in a foreign currency are not
retranslated.
Exchange differences on monetary items are recognised in profit or loss in the period in which they arise.
Fo r t h e p u r p o se o f p r e se n t i n g t h e se c o n so l i d at e d f i n an ci al st at e m e n t s, t h e asse t s an d l i ab i l i t i e s o f t h e Gr o u p ' s
foreign operations were translated into NZD using exchange rates prevailing at the end of each reporting
period. Income and expense items are translated at the average exchange rates for the period, unless
exchange rat es f luct uat e signif icant ly during t he period, in which case t he exchange r at es at t he dat es of t he
transactions are used. Exchange differences arising, if any are recognised in other comprehensive income and
accumul at ed i n t he f or ei gn cur r ency t r ansl at i on r eser ve.
2.5Go o d s an d ser v i ce s t ax ( GST)
Re v e n u e , e x p e n se s, a sse t s an d l i a b i l i t i e s a r e r e c o g n i se d n e t o f t h e am o u n t o f g o o d s a n d se r v i c e s t a x ( GST)
except :
xWhere t he amount of GST incurr ed i s not recovered fr om t he t axat ion aut horit y, it i s r ecognised as par t of
the cost of acquisition of an asset or as part of an item of expense; or
xFo r r e cei v ab l e s an d p ay ab l e s w h i ch ar e r eco gn i se d i n cl u si v e o f GST ( t h e n e t am o u n t o f GST r e co v er ab l e
from or payable to the taxation authority is included as part of receivables or payables).
2.6Fi n a n ci a l i n st r u m e n t s
Fi n an ci al asse t s an d f i n an ci al l i ab i l i t i e s ar e r e co gn i se d w h e n t h e Gr o u p b e co m e s a p ar t y t o t h e co n t r act u al
provisions of t he instrument s.
Fi n an ci al asse t s an d f i n an ci al l i ab i l i t i e s ar e i n i t i al l y m e asu r e d at f ai r v al u e . Tr an sact i o n c o st s t h at ar e d i r e c t l y
at t r i but abl e t o t he acqui si t i on or i ssue of f i nanci al asset s and f i nanci al l i abi li t i es (ot her t han f i nanci al asset s
and financial liabilities at fair value through profit or loss) are added to or deducted from the fair value of the
financial assets or financial liabilities, as appropriate, on initial recognition. Transaction costs directly
at t r i but abl e t o t he acqui si t i on of f i nanci al asset s or f i nanci al l i abi l i t i es at f ai r val ue t hr ough pr of i t or l oss ar e
recognised immediately in profit or loss.
Fi n an ci al i n st r u m e n t s ar e cl assi f i e d i n t o t h e f o l l o w i n g sp e ci f i e d cat e go r i e s: ‘ f ai r v al u e t h r o u gh p r o f i t o r l o ss'
(FVTPL), ‘fair value t hrough ot her comprehensive income' (FVOCI) and 'at amort ised cost'. The classification
depends on t he nat ure and purpose of t he financial inst rument and is det ermined at t he t ime of init ial
recognition.
Th e Gr o u p’ s f i n an ci al asset s co n si st o f cash, sh or t t er m dep osi t s, t r ad e r ecei vab l es an d r el at ed p ar t y
receivables.
Fi n a n ci a l a sse t s - Ca sh a n d sh o r t - t e r m d ep o si t s
Ca sh a n d sh o r t - t e r m d e p o si t s c o m p r i se c a sh a t b a n k a n d o n h a n d a n d sh o r t - t e r m d e p o si t s w i t h a m a t u r i t y o f
three months or less.

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Financial assets - Trade and other receivables
Tr ade r ecei vabl es ar e n o n - der i vat i ve f i n anci al asset s and m easu r ed at am o r t i sed co st l ess i m p ai r m en t .
Impairment of trade receivables is recorded through a loss allowance account (bad debt provision). The
amount of t he l oss al l owance i s based on t he simpl i f i ed Expect ed Cr edi t Loss (ECL) appr oach whi ch i nvol ves
the Group estimating the lifetime ECL at each balance date. The lifetime ECL is calculated using a provision
mat rix based on hist orical credit loss experience and adjust ed for forward looking fact ors specific t o t he
debt ors and t he economic environment .
Fi n a n ci a l a sse t s - Re l a t ed p a r t y r e ce i v a b l e s
Re l a t e d p a r t y r e c e i v a b l e s a r e m e a su r e d a t a m o r t i se d c o st . Th e Gr o u p d o e s n o t e x p e c t a n y c r e d i t l o ss o n
related party receivables.
Fi n a n ci a l a sse t s - De r eco gn i t i o n o f f i n a n ci a l a sse t s
Th e Gr o u p d er eco gn i ses a f i n an ci al asset w h en t h e co n t r act u al r i gh t s t o t h e cash f l o w s f r om t h e asset expi r e,
or when it transfers t he financial asset and subst antially all t he risks and rewards of ownership of t he asset t o
anot her par t y. If t he Gr oup nei t her t r ansf er s nor r et ai ns subst ant i al l y al l t he r i sks and r ewar ds of owner shi p
and cont i nues t o cont r ol t he t r ansf er r ed asset , t he Gr oup r ecogni ses i t s r et ai ned i nt er est i n t he asset and an
associ at ed l i abi l i t y f or amount s i t may have t o pay. If t he Group r et ai ns subst ant i al l y al l t he r i sks and r ewar ds
of ownership of a t ransferred financial asset, t he Group continues t o recognise t he financial asset and also
recognises a collateralised borrowing for the proceeds received.
Fi n a n ci a l a sse t s - I m p a i r m en t o f f i n a n ci a l a sse t s
Fi n an ci al asse t s, o t h e r t h an t h o se at FVTPL, ar e asse sse d f o r i n d i cat o r s o f i m p ai r m en t at t h e e n d o f e ach
reporting period. Financial assets are considered to be impaired when there is objective evidence that, as a
result of one or more events that occurred after the initial recognition of the financial asset, the estimated
future cash flows of the investment have been affected.
Th e car r yi n g am o u n t of t he f i n anci al asset i s r ed u ced b y t h e i m p ai r m en t l o ss d i r ect l y f o r al l f i n anci al asset s
with the exception of trade receivables, where the carrying amount is reduced through the use of an
al l owance account .
Fi n a n ci a l l i ab i l i t i e s a n d eq u i t y i n st r u m e n t s
Fi n an ci al l i ab i l i t i e s an d e q u i t y i n st r u m e n t s - Eq u i t y i n st r u m en t s
An equi t y i nst r ument i s any cont r act t hat evi dences a r esi dual i nt er est i n t he asset s of an ent i t y af t er
deduct ing all of it s liabilities. Equit y inst ruments issued by t he Group are recognised at t he proceeds received,
net of direct issue cost s.
Fi n a n ci a l l i ab i l i t i e s a n d eq u i t y i n st r u m e n t s - Fi n a n ci a l l i ab i l i t i e s
Fi n an ci al l i ab i l i t i e s at am o r t i se d c o st ( i n cl u d i n g b o r r o w i n gs, r e l at e d p ar t y p ay ab l e s an d t r ad e an d o t h e r
payables) are init ially recognised at fair value and subsequent ly measured at amort ised cost using t he effective
interest method.
Th e ef f ect i ve i n t er est m et h o d i s a m et h o d o f cal cu l at i n g t h e am o r t i sed co st o f a f i n an ci al l i ab i l i t y an d o f
al l ocat i ng i nt erest expense over t he r el evant per i od. The ef fect i ve i nt er est r at e i s t he r at e t hat exact l y
discount s est imat ed fut ure cash payment s (including all fees and point s paid or received t hat form an int egral
part of t he effect ive int erest rat e, t ransact ion cost s and ot her premiums or discount s) t hrough t he expect ed
life of the financial liability, or (where appropriate) a shorter period, to the net carrying amount on initial
recognition.

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Fi n a n ci a l l i ab i l i t i e s a n d eq u i t y i n st r u m e n t s - De r e co gn i t i o n o f f i n a n ci a l l i ab i l i t i e s
Th e Gr o u p d er ecogn i ses f i n anci al l i abi l i t i es w h en , an d o n l y w h en , t h e Gr o u p ' s o bl i gat i on s ar e d i sch ar ged,
cancel l ed or t hey expi r e. The di f f er ence bet ween t he car r yi ng amount of t he f i nanci al l i abi l i t y der ecogni sed
and t he consi der at i on pai d and payabl e i s r ecogni sed i n pr of i t or l oss.
2.7Di scont i nued oper at i ons
A di sposal gr oup i s cl assi f i ed as hel d f or sal e i f i t s car r yi ng amount wi l l be r ecover ed pr i nci pal l y t hr ough a sal e
transaction rather than through continuing use and a sale is considered highly probable. They are measured at
the lower of their carrying amount and fair value less costs to sell, except for assets such as deferred tax
asset s, asset s ar i si ng f r om empl oyee benef i t s, f i nanci al asset s and i nvest ment pr oper t y t hat ar e car ri ed at f air
value, which are specifically exempt from t his requirement.
An i mpai rment l oss i s r ecogni sed f or any i ni t i al or subsequent wr i t e-down of t he di sposal gr oup t o f ai r val ue
less costs to sell. A gain is recognised for any subsequent increases in fair value less costs to sell of a disposal
gr oup, but not i n excess of any cumul at i ve i mpai r ment l oss pr evi ousl y r ecogni sed. A gai n or l oss not pr evi ousl y
recognised by the date of the sale of the non-current disposal group is recognised at the date of derecognition.
Non-cur r ent asset s t hat ar e par t of a disposal gr oup ar e not depr eci at ed or amort ised while t hey ar e classif ied
as hel d f or sale. Int er est and ot her expenses at t r i but abl e t o t he li abi l i t i es of a di sposal gr oup cl assi f i ed as hel d
for sale continue to be recognised.
Th e asset s o f a di sp o sal gr o up cl assi f i ed as h el d f o r sal e ar e p r esen t ed sep ar at el y f r om t he o t her asset s i n t h e
balance sheet. The liabilit ies of a disposal group classified as held for sale are present ed separat ely from ot her
liabilities in the balance sheet.
A di scont i nued oper at i on i s a component of t he ent i t y t hat has been di sposed of or i s cl assif i ed as hel d f or sale
and t hat r epr esent s a separ at e maj or l i ne of busi ness or geogr aphi cal ar ea of oper at i ons, i s par t of a singl e co-
ordinated plan t o dispose of such a line of business or area of operat ions, or is a subsidiary acquired exclusively
with a view to resale. The results of discontinued operations are presented separately in the profit or loss.
2.8Bu si n ess co m b i n at i o n s
Acqui si t i ons of busi nesses ar e account ed f or usi ng t he acquisi t i on met hod. The consi der at i on t r ansf er r ed i n a
business combinat ion is measured at fair value, which is calculat ed as t he sum of t he acquisition-dat e fair
values of t he asset s t ransferred by t he Group, liabilit ies incurred by t he Group t o the former owners of t he
acqui r ee and t he equi t y i nt er est s i ssued by t he Gr oup i n exchange f or cont r ol of t he acqui r ee. Acqui si t i on-
related costs are generally recognised in profit or loss as incurred.
At t he acqui si t i on dat e, t he i dent i f i abl e asset s acquir ed and t he l i abi l i t i es assumed ar e r ecogni sed at t hei r f air
value, except deferred tax assets or liabilities, and assets or liabilities related to employee benefit
ar r angement s whi ch ar e r ecogni sed and measured i n accor dance wi t h NZ IAS 12 Income t axes and NZ IAS 19
Em p l o y e e b e n e f i t s r e sp e c t i v e l y .
Go o d w i l l i s m e asu r e d as t h e e xce ss o f t h e su m o f t h e co n si d e r at i o n t r an sf e r r e d , t h e am o u n t o f an y n o n -
cont r ol l i ng i nt er est s i n t he acqui r ee, and t he f air val ue of t he acqui rer ' s pr evi ousl y hel d equi t y i nt erest i n t he
acquir ee (i f any) over t he net of t he acqui si t i on-dat e amount s of t he i dent i f i abl e asset s acqui r ed and t he
liabilities assumed. If, after reassessment, the net of the acquisition-date amounts of the identifiable assets
acqui r ed and l i abi l i t i es assumed exceeds t he sum of t he consi der at i on t r ansf er r ed, t he amount of any non-
cont r ol l i ng i nt er est s i n t he acqui r ee and t he f ai r val ue of t he acqui r er ' s pr evi ousl y hel d i nt er est i n t he acqui r ee
(if any), t he excess is recognised immediat ely in profit or loss as a bargain purchase gain.

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3.Impact of Covid -19
On 11 M ar ch 2020, t he Wor l d Heal t h Or gan i sat i on d ecl ar ed a gl ob al p an d emi c d u e t o t he o u t br eak o f COVI D-
19. This was f ollowed by a number of Government -direct ed lockdowns and rest rict ions t hat have t aken place
throughout the financial year. The effects of COVID-19 have had, and will continue to have, a negative impact
on bot h t he New Zealand and global economy for the foreseeable fut ure. During t he year, t he impact of t he
pandemic on t he Group has been reduced due t o the fact t hat t he supply of healt h services is an essent ial
ser vi ce. Consequent l y, t he Gr oup has been abl e t o cont i nue t r adi ng t hr oughout al l al er t l evel s.
At t he t i me of pr epar i ng t hese f i nanci al st at ement s, wi t h t he i nf or mat i on avai l abl e, t he Gr oup has assessed t he
impact of COVID-19 on items on the balance sheet, specifically where management judgement is applied in the
measurement of an asset or liabilit y. This assessment did not indicat e any impairment of t he Group's asset s
nor addit ional provisions required.
4.Use of account i ng est i mat es and j udgement s
Th e p r ep ar at i o n of t hese f i n anci al st at em en t s r eq u i r es m anagem en t t o m ake est i m at es an d assu m p t i o n s.
Th ese af f ect t h e am o un t s o f r ep o r t ed r evenu e and exp en se an d t h e m easu r em en t of asset s an d l i ab i l i t i es.
Act ual r esul t s coul d di f f er f r om t hese est i mat es. The pr i nci pal ar eas of j udgement and est i mat i on i n t hese
financial statements are:
xAccount i ng f or empl oyee shar e pur chase pl ans (not e 23.4)
xDet er mi nat i on of l ease t er m (not e 19)
5.Se g m e n t i n f o r m a t i o n
5.1Pr o d u ct s an d ser v i ces f r o m w h i ch r ep o r t ab l e segm en t s d er i v e t h ei r r ev en u e
Th e Gr o u p ' s r ep o r t ab l e segm en t s ar e as f o l l o w s:
xAged medi cal car e servi ces New Zeal and
xGe n e r al p r act i ce m e d i cal se r vi c e s
xAged medi cal car e servi ces Aust r al i a (di scont inued)
Aged Medical care services New Zealand - provision of medical care services to the aged care sector in New
Ze al an d .
Aged M edical car e ser vi ces Aust r ali a - pr ovi si on of medi cal car e ser vi ces t o t he aged care sect or i n Vi ct or i a,
Aust r al i a. Aged M edi cal car e servi ces Aust r al i a act i vi t i es were di scont i nued i n t he year ended 31 M ar ch 2020.
Th e segm en t i nf o r m at i on r ep o r t ed b el ow d oes n o t i ncl u d e any am o u n t s f or t h ese d i sco n t i n u ed o p er at i on s.
Th ese ar e d escr i b ed i n m or e d et ai l i n No t e 28.

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5.2Se g m e n t r e v e n u e s a n d r e s u l t s
Th e f o l l o w i n g i s an an al ysi s of t he Gr ou p ’ s r even u e an d r esul t s f r o m co n t i n ui n g o p er at i o n s b y r ep or t ab l e
segment :
Se g m e n t r e v e n u e Segment prof it (loss)
2021202020212020
NZ$NZ$NZ$NZ$
Aged medi cal car e servi ces NZ4,754,2134,588,3951,369,0531,306,664
Ge n e r al p r act i ce m e d i cal se r vi c e s736,161672,045183,930140,125
To t al f o r co nt i n u i ng o p er at i o n s
5,490,3745,260,4401,552,9821,446,789
Se g m e n t p r o f i t i n c l u d e s t h e f o l l o w i n g i t e m s :
2021
EBI TD A
Depr eci at i on
&
amor t i sat i on
Interest
expense
Interest
income
Income t ax
expense/
(benefit )
Aged medi cal car e servi ces NZ1,373,2311,71632,83130,368
459,896
Ge n e r al p r act i ce m e d i cal se r vi c e s305,972111,81410,228- 51,613
2020
EBI TD A
Depr eci at i on
&
amor t i sat i on
Interest
expense
Interest
income
Income t ax
expense/
(benefit )
Aged medi cal car e servi ces NZ1,346,8361,79238,746365 432,070
Ge n e r al p r act i ce m e d i cal se r vi c e s227,10655,34031,6411 39,735
EBI TDA r e p r e se n t s p r o f i t b e f o r e t a x e x cl u d i n g a m o u n t s f o r ( 1 ) i n t e r e st i n c o m e ; ( 2 ) f i n a n c e e x p e n se s; a n d ( 3 )
depreciation and amortisat ion expenses.

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5.3Se g m e n t a s s e t s a n d l i a b i l i t i e s
20212020
Se g m e n t a s s e t sNZ$NZ$
Aged medi cal car e servi ces New Zeal and
2,870,345 2,036,049
Ge n e r al p r act i ce m e d i cal se r vi c e s
759,863 374,920
To t al segm en t asset s 3,630,208 2,410,969
Intercompany consolidation (59,736) -
Co n s o l i d a t e d t o t a l a s s e t s
3,570,472 2,410,969
20212020
Se g m e n t l i a b i l i t i e sNZ$NZ$
Aged medi cal car e servi ces New Zeal and
1,069,451 1,271,328
Ge n e r al p r act i ce m e d i cal se r vi c e s
584,723 278,662
To t al segm en t l i ab i l i t i es 1,654,174 1,549,990
Intercompany consolidation (59,736) -
Co n s o l i d a t e d t o t a l l i a b i l i t i e s
1,594,438 1,549,990
5.4Ge o gr a p h i cal i n f o r m at i o n
Dur i ng t he year ended 31 M ar ch 2021, t he Gr oup oper at ed i n New Zeal and onl y. Aged medi cal car e ser vi ces
Aust r al i a i s no l onger a r epor t abl e segment as oper at i ons wer e di scont i nued i n Sept ember 2019 (Not e 28).
5.5Information about major customers
Included in total revenue are revenues that arose from services provided to the Group’s largest customers.
Th e Gr o u p d er i ved r evenu e f r om t h e f o l l o w i n g si gni f i can t cust om er s:
20212020
NZ$NZ$
Cu st o m e r 11,045,1601,188,442
Cu st o m e r 2762,677591,487
No ot her single cust omer s cont ribut ed 10% or mor e t o t he Gr oup’ s r evenue f or bot h 2021 and 2020.
6.Revenue recognition
6.1Interest income
Interest income from a financial asset is recognised when it is probable that the economic benefits will flow to
the Group and the amount of income can be measured reliably. Interest income is accrued on a time basis, by
reference to the principal outstanding and at the effective interest rate applicable, which is the rate that
exact ly di scount s estimat ed f ut ure cash receipt s t hrough t he expect ed lif e of t he financial asset t o t hat asset 's
net carrying amount on initial recognition.

Th i r d Age Heal t h Ser vi ces Li m i t ed
Not es t o t he consolidat ed f inancial st at ement s
Fo r t h e y e ar e n d e d 3 1 M ar ch 2 0 2 1
19
6.2Re v e n u e f r o m co n t r a ct s w i t h cu st o m e r s
Re v e n u e h a s b e e n c a t e g o r i se d a s f o l l o w s:
Co n s u l t a t i o n r e v e n u e
Re v e n u e f r o m c o n t r ac t s w i t h c u st o m e r s i s m e a su r e d a t t h e f a i r v a l u e o f t h e c o n si d e r a t i o n r e c e i v e d o r
receivable and is reduced for estimated customer returns, rebates and other similar allowances. Revenue from
compl et ed per f or mance obl i gat i ons i s ei t her r ecogni sed at a poi nt i n t i me or over t ime f or t he vast maj or i t y of
ar r angement s r ecogni sed over t i me, pr ogr ess i s measur ed on a t ime l apsed basi s.
Fo r p e r f o r m an ce o b l i gat i o n s r e c o gn i se d at a p o i n t i n t i m e, t h e Gr o u p r e co gn i se s r e v e n u e w h e n t h e c u st om e r
has received t he service.
Ca p i t a t i o n r e v e n u e
Th e Gr o u p p r o vi d es v ar i o u s m edi cal ser vi ces o n a ‘ st an d r ead y’ b asi s o n b eh al f o f Pr i m ar y Heal t h Or gan i sat i o n s
(PHOs). This capit ation revenue is recognised mont hly based on the number of enrolled pat ient s and t he
agr eed r at e f or t he par t i cul ar pat i ent . The agr eed r at e wi l l be af f ect ed by t he char act eri st i cs of t he pat i ent , f or
example, t heir age or gender. Revenue i s recognised on an over t ime basis as out lined above.
Th e Gr o u p ear n s r even ue f r om t he p r o vi si o n of m edi cal co nsu l t at i o n ser vi ces. Each co n sul t at i o n p er f or m ed i s
a separ at e per f or mance obl i gat i on sat i sf i ed at a poi nt i n t i me. The pr i ce f or each consul t at i on i s a f i xed amount
based on an agreed rat e card wit h t he cust omer. Revenue is recognised once t he consult at ion service has been
provided.
Vacci nat ion r evenue
Ea c h v a cc i n a t i o n a d m i n i st e r e d b y t h e Gr o u p r e p r e se n t s a se p a r a t e p e r f o r m a n c e o b l i g a t i o n w h i c h i s sa t i sf i e d a t
a poi nt i n t i me once t he vacci ne has been gi ven t o t he pat i ent . Vacci nat i ons ar e gener al l y pr ovi ded at t he f i xed
rates payable by the Ministry of Health as part of their funded annual vaccine programme.
20212020
Re v e n u e f r o m co n t r act s w i t h cu st o m e r s:
NZ$NZ$
Ca p i t a t i o n r e v e n u e
2,087,925 1,808,194
Co n su l t a t i o n r e v e n u e
3,291,889 3,375,262
Vacci nat i on r evenue
69,857 53,479
Ot h er r even ue
40,703 23,505
To t al r ev enu e f r o m con t r act s w i t h cu st o mer s
5,490,374 5,260,440
7.Ot her i nco me
20212020
NZ$NZ$
Interest income
30,368 366
Ot h er i ncome
21,691 -
52,059 366

Th i r d Age Heal t h Ser vi ces Li m i t ed
Not es t o t he consolidat ed f inancial st at ement s
Fo r t h e y e ar e n d e d 3 1 M ar ch 2 0 2 1
20
8.Items included in profit before tax
20212020
Pr o f i t b ef o r e t ax i n cl u d es t h e f o l l o w i n g sp eci f i c exp en ses:
NZ$NZ$
Fe e s p ai d t o au d i t o r
46,670 35,500
Ex p e n se f o r l o w - v al u e l e a se s
16,506 18,446
Audi t or f ees of $46,760 (2020: $35,500) r el at es t o f ees f or t he annual audi t of t he f i nanci al st at ement s and
does not include any amount s for ot her assurance or non-assurance services.
9.Co s t s o f e m p l o y e e s , c o n t r a c t o r s , a n d d i r e c t o r s i n c l u d e s :
20212020
NZ$NZ$
Sa l a r i e s a n d w a g e s
1,074,850 691,673
Def i ned cont r i but i on (Ki w i saver )
10,991 9,923
Di r ect or s’ f ees
59,500 48,000
1,145,341 749,596
10.Taxat ion
10.1Income tax recognised in profit or loss relating to continuing operations
Cu r r e n t a n d d e f e r r e d t a x a r e r e c o g n i se d i n p r o f i t o r l o ss, e x c e p t w h e n t h e y r e l a t e t o i t e m s t h a t a r e r e c o g n i se d
in other comprehensive income or directly in equity, in which case, the current and deferred tax are also
recognised in other comprehensive income or directly in equity respectively. Where current tax or deferred tax
ar i ses f r om t he i ni t i al account ing f or a busi ness combi nat i on, t he t ax ef f ect i s i ncl uded i n t he account i ng f or
the business combination.
Tax exp en se co m p r i ses:
20212020
NZ$NZ$
Cu r r e n t i n c o m e t a x
536,632 472,846
Def er r ed i ncome t ax
(26,479)(1,041)
Pr i o r p e r i o d ad j u st m e n t
1,356 -
To t al i n co m e t ax exp en se r eco gn i sed i n t h e cu r r ent y ear
511,509 471,805

Th i r d Age Heal t h Ser vi ces Li m i t ed
Not es t o t he consolidat ed f inancial st at ement s
Fo r t h e y e ar e n d e d 3 1 M ar ch 2 0 2 1
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Income tax expense for the year can be reconciled to the accounting profit as follows:
Pr o f i t b e f o r e t ax f r o m co n t i n u i n g o p er at i o n s
1,552,982 1,446,789
Income tax expense calculated at 28%
434,835405,101
Ef f e c t o f n o n - d e d u c t i b l e e x p e n se s
75,31862,354
Pr i o r p e r i o d ad j u st m e n t s
1,3566,430
Tax l o sses u t i l i sed d u r i ng t he p er i od
-(2,080)
Income tax expense recognised in profit or loss relating to
cont inu ing operat ions
511,509 471,805
10.2 Def erred t ax
Def er r ed t ax i s r ecogni sed on t empor ar y di f f er ences bet w een t he car r yi ng amount s of asset s and l i abi l i t i es i n
the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred
tax assets are generally recognised for all deductible temporary differences to the extent that it is probable
that taxable profits will be available against which those deductible temporary differences can be utilised. Such
deferred t ax asset s are not recognised if t he t emporary difference arises from the init ial recognition (ot her
than in a business combination) of assets and liabilities in a transaction that affects neither the taxable profit
nor t he account ing profit. In addit ion, deferred t ax liabilit ies are not recognised if t he t emporary difference
ar i ses f r om t he i ni t i al r ecogni t i on of goodwil l .
Def er r ed t ax l i abi l i t i es ar e r ecogni sed f or t axabl e t empor ar y di f f er ences associ at ed w i t h i nvest ment s i n
subsi di ar i es and associ at es, and i nt er est s i n j oi nt vent ur es, except w her e t he Company i s abl e t o cont r ol t he
reversal of the temporary difference and it is probable that the temporary difference will not reverse in the
foreseeable future. Deferred tax assets arising from deductible temporary differences associated with such
investments and interests are only recognised to the extent that it is probable there will be sufficient taxable
profit s against which t o ut ilise t he benefit s of t he t emporary differences and t hey are expect ed t o reverse in
the foreseeable future.
Th e car r yi n g am o u n t of def er r ed t ax asset s i s r evi ew ed at t h e en d o f each r ep or t i ng per i od an d r ed u ced t o t h e
ext ent t hat it is no l onger probable t hat suf f icient t axable prof it s will be available t o allow all or part of t he
asset t o be r ecover ed.
Def er r ed t ax l i abi l i t i es and asset s ar e measur ed at t he t ax r at es t hat ar e expect ed t o appl y i n t he per i od i n
which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or
subst ant i vel y enact ed by t he end of t he r epor t i ng per i od.
Th e m easu r em en t o f d ef er r ed t ax l i abi l i t i es an d asset s r ef l ect s t h e t ax co n seq u en ces t h at w o ul d f o l l o w f r om
the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying
amount of i t s asset s and l i abi l i t i es.

Th i r d Age Heal t h Ser vi ces Li m i t ed
Not es t o t he consolidat ed f inancial st at ement s
Fo r t h e y e ar e n d e d 3 1 M ar ch 2 0 2 1
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10.3 Def erred t ax balances
20212020
NZ$NZ$
Def er r ed t ax asset
19,7578,239
Def er r ed t ax l i abi l i t y
(104,728)(119,689)
Def er r ed t ax asset s r el at e t o:
Pr o v i si o n s an d accr u al s
19,7578,239
Def er r ed t ax l i abi l i t i es r el at e t o:
Intangible assets
(104,728)(119,689)
10.4 Imput at ion credit s
Th e Gr o u p h ad New Zeal an d i m p u t at i o n / f r an ki ng cr edi t s of $340, 423 ( 2020: $615, 780) avai l ab l e f or u se i n
subsequent per i ods.
11.Int angible asset s
11.1Go o d w i l l
Go o d w i l l ar i si n g o n an ac q u i si t i o n o f a b u si n e ss i s car r i e d at co st as e st ab l i sh e d at t h e d at e o f acq u i si t i o n o f t h e
business less accumulat ed impairment losses, if any.
On di sp o sal o f t he r el evan t cash -gen er at i ng u ni t , t h e at t r i b ut ab l e amo u n t o f go od w i l l i s i n cl u d ed i n t h e
det erminat ion of t he profit or loss on disposal.
20212020
Not e
NZ$NZ$
Co st 407,841 407,841
Accumul at ed i mpai r ment l osses11.1.1 - -
407,841 407,841
11.1.1Impairment of goodwill
Fo r t h e p u r p o se s o f i m p ai r m e n t t e st i n g, go o d w i l l i s al l o cat ed t o e ach o f t h e Gr o u p ' s cash - ge n e r at i n g u n i t s ( o r
gr oups of cash-gener at i ng uni t s) t hat i s expect ed t o benef i t f r om t he syner gi es of t he combi nat i on.
A cash-gener at i ng uni t t o whi ch goodwil l has been al l ocat ed i s t est ed f or impai rment annual l y, or mor e
frequently when there is an indication that the unit may be impaired. If the recoverable amount of the cash-
gener at i ng uni t i s l ess t han i t s car r yi ng amount , t he i mpai r ment l oss i s al l ocat ed f i r st t o r educe t he car r yi ng
amount of any goodwi l l al l ocat ed t o t he uni t and t hen t o t he ot her asset s of t he uni t pr o r at a based on t he
car r yi ng amount of each asset i n t he uni t . Any i mpai rment l oss f or goodwi l l i s r ecogni sed di r ect l y i n pr of i t or
loss. An impairment loss recognised for goodwill is not reversed in subsequent periods
Go o d w i l l h as b e e n al l o cat e d f o r i m p ai r m e n t t e st i n g p u r p o ses t o Haw ke s Bay W el l n e ss Ce n t r e ( HBWC) Li m i t e d .

Th i r d Age Heal t h Ser vi ces Li m i t ed
Not es t o t he consolidat ed f inancial st at ement s
Fo r t h e y e ar e n d e d 3 1 M ar ch 2 0 2 1
23
Fo r t h e 2 0 2 1 r e p o r t i n g p e r i o d , t h e r eco v e r ab l e am o u n t o f t h e cash - ge n e r at i n g u n i t s w as d e t e r m i n e d b ase d o n
value-in-use calculat ions which require t he use of assumptions. The calculat ion uses cash flow project ions
based on a financial forecast covering a five-year period.
A f or ecast was gener at ed t o model t he expect ed gr owt h of t he HBWC CGU. The f ol l owi ng t abl e set s out key
assumpt i ons wi t hi n t he f or ecast :
Di scount Rat e
Ter m i nal gr o w t h
rateEBI TD A Gr o w t h
15%2%15%
Th e val ue- i n - u se i s est i m at ed t o exceed t h e car r yi n g am o u n t o f HBWC b y $2. 5 m i l l i o n. As su ch, t her e h as been
no impairment of t he asset during t he year. The Direct ors do not believe t hat a reasonably possible change in a
key assumpt ion (described above) would cause t he carrying value of HBWC t o exceed it s r ecoverable amount.
11.2Ot her i nt angi bl e asset s
Intangible assets with finite useful lives that are acquired separately are carried at cost less accumulated
amor t i sat i on and accumul at ed i mpai r ment l osses. Amor t i sat i on i s r ecogni sed on a st r ai ght -l i ne basi s over t hei r
est imat ed usef ul lives. The est imat ed usef ul life and amort isat ion met hod are reviewed at t he end of each
reporting period, with the effect of any changes in estimate being accounted for on a prospective basis.
20212020
NZ$NZ$
Pat i e n t d at ab ase
145,512 166,300
PHO agr e em e n t
228,516 261,162
374,028 427,462
Pat ient dat abase PHO agreement Tot al
Co s t :
NZ$ NZ$ NZ$
Bal an ce at 31 M ar ch 2020
207,875 326,452 534,327
Di sposal s/ r et i r ement s
- - -
Bal an ce at 31 M ar ch 2021
207,875 326,452 534,327
Accumul at ed depreciat ion:
NZ$ NZ$ NZ$
Bal an ce at 31 M ar ch 2020
(41,576) (65,290) (106,866)
Amor t i sat i on expense
(20,788) (32,645) (53,433)
Bal an ce at 31 M ar ch 2021
(62,364) (97,935) (160,299)
Th e p at i en t d at ab ase and PHO agr eem en t ar e am o r t i sed o n a st r ai gh t - l i n e b asi s o ver t en year s.

Th i r d Age Heal t h Ser vi ces Li m i t ed
Not es t o t he consolidat ed f inancial st at ement s
Fo r t h e y e ar e n d e d 3 1 M ar ch 2 0 2 1
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12.Cash and cash equi valent s
20212020
NZ$NZ$
Ca sh o n h a n d a n d a t b a n k
1,829,181 885,681
1,829,181 885,681
13.Reconciliat ion of prof it f or t he year t o net cash f rom operat ing act ivit ies
Gr o u p
Gr o u p
20212020
NZ$NZ$
Pr o f i t b e f o r e t ax
1,552,982 1,446,789
Adj ust ment s t o reconci l e prof i t bef ore t ax t o net cash f l ows:
Depr eci at i on and ot her amor t i sat i on
113,531 57,132
Sh a r e b a s e d p a y m e n t s e x p e n s e
- 185,102
Ex p e n se s se t t l e d t h r o u g h i ssu a n c e o f sh a r e s
140,602 36,599
Gai n / ( l o ss) f r o m d i sco n t i n u e d o p er at i o n s
- 14,701
Working capit al adjust ment s:
Tr ade an d o t h er r ecei vab l es
(38,616) 52,519
Pay ab l e s an d p r o v i si o n s
180,448 (818)
1,948,947 1,792,024
Income tax paid
(398,650) (451,084)
Net cash f rom operat ing act i vi t i es
1,550,297 1,340,940
14.Trade and ot her receivabl es
20212020
NZ$NZ$
Tr ade r ecei vabl es
314,272 306,039
Less: exp ect ed cr ed i t l o ss
- -
314,272 306,039
Pr e p ay m e n t s an d o t h er r e ce i v ab l e s
30,384 -
344,656 306,039
As at 31 M ar ch 2021 99% of t he Gr oup' s t r ade r ecei vabl es ar e cur r ent (2020: 100%)

Th i r d Age Heal t h Ser vi ces Li m i t ed
Not es t o t he consolidat ed f inancial st at ement s
Fo r t h e y e ar e n d e d 3 1 M ar ch 2 0 2 1
25
15.Loan recei vable
20212020
Cu r r e n t :
NZ$NZ$
Th i r d Age Di gi t al Heal t hLi m i t ed ( TADH) l o an n o t e
59,066 -
Non-current:
Th i r d Age Di gi t al Heal t h Li m i t ed ( TADH) l o an n o t e
297,317 360,950
To t al l o an r ecei vab l e
356,383 360,950
Interest has been charged at a rate of 6.35% for the year ended 31 March 2021 (2020:0%) and the Group has
recognised interest income of $21,010 in respect of the loan note (2020: $0). The TADH loan note is unsecured
and i s r epayabl e by 31 M arch 2026 wi t h ear l y r epayment per mi t t ed. M ont hl y r epayment s ar e due t o
commence f r om M ay 2021. Key management per sonnel member s M i chael Haskell and Bevan Wal sh ar e bot h
direct ors and shareholders of TADH and are able t o exert significant influence over TADH due t o t he size of
their respective shareholdings in TADH.
16.Trade and ot her payables
20212020
NZ$NZ$
Tr ade p ayab l es
333,492 212,788
GST p ay ab l e
102,812 100,623
Wit hholding t ax payable
- 27,339
Accr ual s and ot her payables
156,070 98,515
592,374 439,265
Tr ade p ayab l es ar e t ypi cal l y p ai d w i t h i n 30 days o f t h e i nvo i ce d at e o r on t he 20t h o f t h e m o n t h f ol l ow i ng t he
invoice date.
17.Relat ed part y t r ansact ions
17.1Gr o u p co m p o si t i o n
Pa r en t en t i t y
Co u n t r y o f
incorporation
Th i r d Age Heal t h Ser vi ces Li m i t edNew Zealand
Ownership Int erest
Su b s i d i a r i e s
20212020
Haw kes BayWellness Cent re Limit ed (HBWC)New Zealand100%100%
Th i r d Age Em p l o yee Sh ar e Pu r ch ase Pl an Tr u stNew Zealand100%100%
Investments
Th e Gr o u p ' s o w n er shi p i n t er est i n al l su b si d i ar i es an d i nvest m en t s i s eq u al t o i t s pr o p o r t i o n o f vo t i ng r i gh t s
held. The Group has no rest rict ions relat ing t o it s abilit y t o access or use t he asset s and set t le t he liabilit ies of
the Group.

Th i r d Age Heal t h Ser vi ces Li m i t ed
Not es t o t he consolidat ed f inancial st at ement s
Fo r t h e y e ar e n d e d 3 1 M ar ch 2 0 2 1
26
17.2Re l a t e d p a r t y t r a n sa ct i o n s
20212020
Re l a t e d Pa r t yRe l a t i o n sh i pNat ur e of Tr ansact i onsNZ$NZ$
Bevan Wal shDi r ect orLo an I n t er est exp en se - 22,876
17.3Key m an agem en t p er so n n el co m p en sat i o n
20212020
NZ$NZ$
Sh o r t t e r m b e n e f i t s :
CEO r e m u n e r a t i o n
483,292 207,204
Ot h er key man agemen t per so n n el
241,505 137,540
724,797 344,744
CEO r e m u n e r a t i o n f o r t h e y e a r i n c l u d e s t h e f o l l o w i n g sp e c i f i c i t e m s:
x$100,000 of shares in t he Parent in compensat ion f or services r endered during t he period. The
cor r espondi ng expense has been r ecogni sed i n cost s of empl oyees, cont r act or s, and di r ect or s i n t he
consol i dat ed st at ement of compr ehensi ve i ncome.
x$122,727 relat ing t o ret ent ion and bonus payment s t o t he Chief Execut ive Officer t hrough his company
Michael Haskell & Associates LLC (‘MHA’). This has been recognised in costs of employees, contractors and
direct ors in t he consolidat ed st at ement of comprehensive income. Ret ent ion payment s are condit ional on
MHA providing services until 1 April 2021 and 1 April 2022 respectively. Bonus payments are based on
act ual Gr oup pr of i t each f i nanci al year t hr ough t o 31 M arch 2023.
Ot h er key man agemen t per so n n el comp en sat i o n f or t h e year i n cl u d es t h e f o l l ow i ng sp eci f i c i t ems:
xDi r ect or s’ f ees of $59,500 f or ser vi ces r ender ed dur i ng t he per i od. Thi s i ncl udes $36,000 of shar es i n t he
Par e n t i n co m p e n sat i o n f o r ser v i ce s r e n d e r e d d u r i n g t h e p er i o d , w i t h t h e co r r e sp o n di n g e xp e n se
recognised in costs of employees, contractors and directors in the consolidated statement of
compr ehensi ve i ncome.
18.Bor r ow ings
20212020
Cu r r e n t b o r r o w i n g s
NZ$NZ$
Ban k Lo an
- 126,000
Non-current borrowings
Ban k Lo an
- 547,000
Th e Gr o u p h as n o b o r r o w i n gs at b al an ce d at e. Bo r r o w i n gs w er e r epai d d u r i n g t h e year en d ed 31 M ar ch 2021.
Bo r r ow i ngs as at 31 M ar ch 2020 co n si st ed o f a f i ve year cu st o m i sed aver age r at e t er m l o an i ssu ed b y BNZ.
Interest was charged at a rate of 6.19% per annum, with Loan repayments monthly in arrears. The term loan
covenant s were t i ed t o t he Company' s EBIT t o i nt er est and EBITDA t o pr i nci pal cover age r at i os.

Th i r d Age Heal t h Ser vi ces Li m i t ed
Not es t o t he consolidat ed f inancial st at ement s
Fo r t h e y e ar e n d e d 3 1 M ar ch 2 0 2 1
27
19.Leases
On 1 Ap r i l 2020, Haw kes Bay Wel l ness Cen t r e en t er ed i n t o a l ease at 536 Ken n ed y Ro ad, Nap i er , New Zeal an d .
Th i s l ease i s f o r a t er m o f 5 year s w i t h o n e r i gh t o f r enew al of 5 year s, w i t h a f i n al expi r y d at e o f 31 M ar ch
2030. The lease agreement does not impose any covenant s, but leased asset s may not be used as securit y for
borrowing purposes.
Leases ar e r eco gn i sed as a r i gh t - o f - u se asset an d a cor r esp o n d i n g l i ab i l i t y at t h e d at e at w h i ch t he l eased asset
is available for use by the Group. Each lease payment is allocated between the liability and finance cost. The
finance cost is charged to profit or loss over the lease period so as to produce a constant periodic rate of
interest on the remaining balance of the liability for each period. The right-of-use asset is depreciated over the
shor t er of t he asset ' s usef ul l i f e and t he l ease t er m on a st r ai ght -l i ne basi s.
Asset s and li abi l i t i es ar i si ng f r om a l ease ar e i ni t i al l y measured on a pr esent val ue basi s. Lease l i abi l i t i es i ncl ude
the net present value of the following lease payments:
xfixed payments (including in-substance fixed payments), less any lease incentives receivable
xvariable lease payment t hat are based on an index or a r at e
xamount s expect ed t o be payabl e by t he l essee under r esidual val ue guar ant ees
xthe exercise price of a purchase option if the lessee is reasonably certain to exercise that option, and
xpayment s of penalt ies for t erminating t he lease, if t he lease t erm reflect s t he lessee exercising t hat opt ion.
Th e l ease p aym en t s ar e d i sco u n t ed u si ng t he i n t er est r at e i m p l i ci t i n t he l ease, i f t h at r at e can b e d et er m i ned ,
or t he group's increment al borrowing rat e.
Ri g h t - o f - u se a sse t s a r e m e a su r e d a t c o st c o m p r i si n g t h e f o l l o w i n g :
xthe amount of the initial measurement of lease liability
xany l ease payment s made at or bef or e t he commencement dat e, l ess any l ease i ncent ives r ecei ved
xany i ni t i al di r ect cost s, and
xrestoration costs.
Payments associated with short-term leases and leases of low-value assets are recognised on a straight-line
basis as an expense in profit or loss. Short -t erm leases are leases wit h a lease t erm of 12 mont hs or less. Low-
value asset s for t he Gr oup comprise IT-equipment .
19.1Ex t e n si o n a n d t e r m i n a t i o n o p t i o n s
Ex t e n si o n o p t i o n s a r e i n c l u d e d i n t h e Gr o u p ' s l e a se a g r e e m e n t . Ex t e n si o n o p t i o n s h e l d ar e e x e r c i sa b l e b y b o t h
the Group and by the respective lessor.
19.2Det er mi nat i on of t he l ease t er m
In determining the lease term, management considers all facts and circumstances that create an economic
incentive to exercise an extension option, or not exercise a termination option. Extension options (or periods
af t er t er mi nat i on opt i ons) ar e onl y i ncl uded i n t he l ease t er m i f t he l ease i s r easonabl y cer t ai n t o be ext ended
(or not terminated).
Th e assessm en t i s r evi ew ed i f a si gn i f i can t even t o r a si gn i f i can t ch ange i n ci r cu m st ances occu r s w h i ch af f ect s
this assessment and that is within the control of the lessee.
19.3Key j u d gem en t s
Th e Gr o u p h as excl u ded t h e 5 year r i gh t of r en ew al f or t he l ease o f 536 Ken n ed y Ro ad f r om t he l ease t er m.
Th e Gr o u p co n si der s t h e r i gh t o f r enew al i s n o t r easo n abl y cer t ai n t o b e exer ci sed.

Th i r d Age Heal t h Ser vi ces Li m i t ed
Not es t o t he consolidat ed f inancial st at ement s
Fo r t h e y e ar e n d e d 3 1 M ar ch 2 0 2 1
28
19.4Amount s recogni sed i n t he bal ance sheet
20212020
Ri gh t - o f - u se a sse t s
NZ$NZ$
Openi ng bal ance
- -
Addi t i ons and r eassessment s
283,968
-
Depr eci at i on
(56,794)
-
Cl o s i n g b a l a n c e227,1740
20212020
Lease l i ab i l i t i es
NZ$NZ$
Openi ng bal ance
- -
Addi t i ons and r eassessment s
283,968
-
Pr i n ci p al r e p ay m e n t s
(50,911)
-
Cl o s i n g b a l a n c e
233,057 -
Cu r r e n t
52,986
-
Non-cur r ent
180,071
-
233,057 -
19.5Amount s recogni sed i n t he st at ement of prof i t or loss
NZ$
Depr eci at i on o f r i ght-of-use assets
Pr o p e r t y
56,794
56,794
Int erest expense (included in finance cost)
10,228
10,228
Th e t o t al cash o u t f l o w f o r l eases i n t h e 12-m o n t h p er i o d en d ed M ar ch 2021 w as $77, 646

Th i r d Age Heal t h Ser vi ces Li m i t ed
Not es t o t he consolidat ed f inancial st at ement s
Fo r t h e y e ar e n d e d 3 1 M ar ch 2 0 2 1
29
20.Financial inst rument s
20212020
Fi n a n ci a l a sse t sNot es
NZ$NZ$
Fi n an ci al asse t s at am o r t i se d c o st
Ca sh a n d c a sh e q u i v a l e n t s12
1,829,181 885,681
Tr ade an d o t h er r ecei vab l es14
314,272 306,039
Lo an r ecei v ab l e15
356,383 360,950
Fi n a n c i a l l i a b i l i t i e s
Fi n an ci al l i ab i l i t i e s at am o r t i se d c o st
Tr ade an d o t h er p ayab l es
16
489,562 439,265
Bor r ow i ngs
18
- 673,000
Em p l o y e e sh ar e p u r c h a se l o a n s
23.1
345,170 161,037
Lease l i abi l i t i es
19
233,057 -
20.1Fa i r v a l u e m e a su r e m e n t s
As at 31 M ar ch 2020 and 2021, t he Gr oup has no f i nanci al asset s measured at f ai r val ue.
21.Financial r isks
Th i s n o t e p r esen t s i nf o r m at i on ab o u t t he Gr o up ' s exp o su r e t o each f i n an ci al r i sk an d h o w t h o se r i sks ar e
managed.
21.1Market risk
Th e Gr o u p d i vest ed i t s exp o su r e t o f o r ei gn cur r en cy r i sk d u r i n g t h e p r i o r f i nan ci al ye ar ( No t e 25) . The Gr o u p i s
not exposed t o int erest rat e risk as the Group has no borrowings at t his t ime.
21.2 Credit risk
Credit risk is the risk of the failure of a debtor or counterparty to honour its contractual obligation resulting in
financial loss t o t he Group.
Fi n an ci al asse t s, w h i c h p o t e n t i al l y su b j e c t t h e Gr o u p t o cr e d i t r i sk , c o n si st p r i n ci p al l y o f cash an d cash
equivalent s, t rade and ot her receivables, and loan r eceivables. The maximum credit risk at 31 M arch 2021 is
the carrying value of these assets on the balance sheet. The directors consider the Group's exposure to credit
risk from cash and cash equivalents and trade and other receivables to be minimal given that
xTh e Gr o u p ' s cash an d cash eq ui val en t s ar e h el d w i t h BNZ, Ki w i b an k an d West p ac. Ki w i b an k i s r at ed A+
while BNZ and Westpac are both rated AA- based on rating agency Standard & Poors.
xTh e Gr o u p ' s cu st o m er s ar e t yp i cal l y l o w cr ed i t r i sk an d , h i st o r i cal l y, t h er e h as b een m i n i m al b ad d eb t
expense recorded.
Th e Gr o u p ackn ow l ed ge t h er e i s a h i gh er cr edi t r i sk asso ci at ed w i t h t h e l o an r ecei vab l e d u e f r om Th i r d Age
Di gi t al Heal t h (Not e 15). M anagement consi der s t he l oan t o be f ul l y r ecover abl e.
21.3Li q u i d i t y r i sk
Th e Gr o u p m an ages l i q u i di t y t o en sur e t h at i t h as suffici ent l i qui di t y t o meet i t s l i abi l i t i es when due.
Ul t i mat e r esponsi bi l i t y f or l i qui di t y r i sk management r est s wi t h t he boar d of di r ect or s. The Gr oup manages
liquidity risk through continuous cash management and monitoring of forecast and actual cash flows.

Th i r d Age Heal t h Ser vi ces Li m i t ed
Not es t o t he consolidat ed f inancial st at ement s
Fo r t h e y e ar e n d e d 3 1 M ar ch 2 0 2 1
30
Maturity profile
Th e f o l l o w i n g t ab l e d et ai l s t h e Gr o u p’ s exp o sur e t o l i q u i d i t y r i sk.
Co n t r a c t u a l m a t u r i t y d a t e s
2021
Not es
On
demand
Less t h an
one year
Gr e at e r
than one
yearTo t al
Fi n an ci al l i ab i l i t i e s:
Tr ade an d o t h er p ayab l es16-592,374-592,374
Em p l o y e e sh ar e p u r c h a se p l a n d e p o si t s23345,170--345,170
Lease l i abi l i t i es19-52,986180,071233,057
345,170645,360180,0711,170,601
2020
On
demand
Less t h an
one year
Gr e at e r
than one
yearTo t al
Fi n an ci al l i ab i l i t i e s:
Tr ade an d o t h er p ayab l es16-439,265-439,265
Bor r ow i ngs18-126,000547,000673,000
Em p l o y e e sh ar e p u r c h a se p l a n d e p o si t s23161,037--161,037
161,037565,265547,0001,273,302
Em p l o y e e sh ar e p u r c h a se p l a n d e p o si t s r e l a t e t o d e p o si t s r e c e i v e d o n p a r t i a l l y r e p a i d sh a r e p l a n s ( N o t e 2 3 . 1 ) .
Th e Gr o u p cl assi f i es t h ese am ou n t s as on d em an d as i n t h e even t t h at an em pl o yee l eaves or i s m ad e
redundant or a contractor ceases to provide services then any repayments that have been made are
returned."
21.4Ca p i t a l r i s k m a n a g e m e n t
Th e Gr o u p m an ages i t s cap i t al ( com p r i si ng of cash an d cash eq u i val en t s) t o en sur e t h at en t i t i es i n t h e Gr o u p
will be able to continue as going concerns while maximising the return to stakeholders through the
opt imisat ion of t he debt and equit y balance.
Th e Gr o u p i s f u n d ed t hr o u gh exi st i n g cash r eser ves at t hi s t i m e. M an agem en t ' s cur r en t expect at i o n i s
addi t i onal i nvest ment s wi l l be f unded t hr ough exi st i ng cash r eser ves or ext er nal bor r owi ng.
Th e Gr o u p i s n o t su b j ect t o an y ext er n al l y i m p o sed capi t al r eq u i r emen t s.

Th i r d Age Heal t h Ser vi ces Li m i t ed
Not es t o t he consolidat ed f inancial st at ement s
Fo r t h e y e ar e n d e d 3 1 M ar ch 2 0 2 1
31
22.Earnings per share
20212020
Ce n t sCe n t s
Basi c ear n i n gs p er sh ar e
Fr o m co n t i n u i n g o p e r at i o n s
11.110.9
Fr o m d i sco n t i n u e d o p e r at i o n s
-
3.9
To t al b asi c ear n i n gs per sh ar e
11.114.8
Di l ut ed ear ni ngs p er shar e
Fr o m co n t i n u i n g o p e r at i o n s
11.010.8
Fr o m d i sco n t i n u e d o p e r at i o n s
-
3.8
To t al d i l u t ed ear n i ngs p er sh ar e
11.014.6
Basi c ear ni n gs p er sh ar e i s cal cu l at ed b y d i vi d i n g t h e p r o f i t at t r i b u t abl e t o t h e sh ar eh ol d er s o f t h e Gr o u p b y
the weighted average number of ordinary shares outstanding during the financial year, excluding treasury
shar es.
Di l ut ed ear ni ngs per shar e adj ust s t he f i gur es used i n t he det er mi nat i on of basi c ear ni ngs per shar e t o t ake
into account the after-income tax effect of interest and other financing costs associated with dilutive potential
ordinary shares, and t he weight ed average number of ordinary shares t hat would have been out st anding
assumi ng t he conver si on of al l di l ut i ve pot ent i al or di nar y shar es.
22.1Re co n ci l i a t i o n o f e a r n i n gs u se d i n ca l cu l a t i n g e a r n i n gs p e r sh a r e
Basi c and di l ut ed ear ni ngs per shar e20212020
NZ$NZ$
Net pr of i t at t r ibut able t o t he or dinar y shar eholder s of
the Group
1,041,4731,322,616
Ea r n i n g s u se d i n t h e c a l c u l a t i o n o f b a si c e a r n i n g s p e r
shar e
1,041,4731,322,616
Pr o f i t f o r t h e y e ar f r o m d i sco n t i n u e d o p e r at i o n s u se d
in the calculation of basic earnings per share from
discont inued operations
-347,632
Ea r n i n g s u se d i n t h e c a l c u l a t i o n o f b a si c e a r n i n g s p e r
shar e f r om cont i nui ng oper at i ons
1,041,473 974,984

Th i r d Age Heal t h Ser vi ces Li m i t ed
Not es t o t he consolidat ed f inancial st at ement s
Fo r t h e y e ar e n d e d 3 1 M ar ch 2 0 2 1
32
22.2Weight ed average number of shares used as t he denominat or
20212020
NumberNumber
Weight ed average number of or dinary shares used as
the denominator in calculating basic earnings per
shar e
1
9,388,224 8,979,957
Adj ust ment s f or cal cul at i on of di l ut ed ear ni ngs per
shar e:
Em p l o y e e sh ar e o p t i o n s
38,809 70,287
Weight ed average number of or dinary shares and
pot ent ial ordinary shares used as t he denominat or in
cal cul at i ng di l ut ed ear ni ngs per share
9,427,033 9,050,244
1.Excludes treasury stock and any shares held by the Third Age Employee Purchase Plan Share Trust not held on behalf of SPP
part icipants.
23.Share Based Payment s Reserve
20212020
NZ$NZ$
Share based payments expense for the year
- 185,102
Th e Co m p any of f er s a sh ar e p u r ch ase p l an t o cer t ai n em p l oyees an d co n t r act or s. Un d er t h i s sch em e, sel ect
part icipant s are given t he opt ion t o purchase shares at a fixed price. This fixed price is set by t he Board and is
based on t heir assessment of t he market value of t he Company. Furt her information about t he scheme can be
found in Note 23.1.
23.1Em p l o y e e sh a r e p u r c h a se p l a n
"The Company operates a share purchase plan ('SPP') for certain employees and contractors ('participants').
Under t he SPP, par t i ci pant s ar e pr ovi ded wi t h a " " l oan" " t o pur chase an agr eed number of shar es i n t he
Co m p a n y a t a sh a r e p r i c e e st a b l i sh e d b y t h e Bo ar d . Th e sh a r e p r i c e i s e st i m a t e d b y t h e Bo a r d b a se d o n t h e i r
assessment of t he f ai r val ue of t he company at t he t ime. The l oans ar e t ypi cal l y f or a 36 or 60 mont h t er m,
interest free with monthly repayments. They are secured against the shares. The shares are held on trust by
the Third Age Employee Share Purchase Plan Trust until such time as the loans are fully repaid. Participants are
permit t ed t o repay t he loans at any t ime. In t he event t hat an employee leaves or is made redundant or a
cont r act or ceases t o pr ovi de ser vi ces t hen any r epayment s t hat have been made ar e r et ur ned and t he al l ot t ed
shar es ar e r et ur ned t o t he pool
Under NZ IFRS 2 Share-based payment, this type of arrangement is accounted for as an 'in substance' share
option - an equity settled share-based payment. The loans are not recognised as assets of the Company as
they are only secured against the underlying shares and are considered limited in recourse. Instead, the fair
value of t he arrangement is calculat ed at grant dat e and is recognised over t he vesting period of t he
ar r angement as a shar e-based payment expense i n pr of i t or l oss and accumul at ed i n t he shar e-based payment
reserve. The share options vest immediately as there are no service or performance conditions and
part icipant s are able t o repay t heir loans in full at any time and have t heir shares issued. Partial repayment s

Th i r d Age Heal t h Ser vi ces Li m i t ed
Not es t o t he consolidat ed f inancial st at ement s
Fo r t h e y e ar e n d e d 3 1 M ar ch 2 0 2 1
33
made under the loans are recorded as a liabilit y unt il such t ime as t he loan is repaid in full at which time t he
shar es ar e i ssued and amount s ar e r ecogni sed as shar e capi t al i n equi t y
20212020
NZ$NZ$
Deposi t s r ecei ved on par t i al l y r epai d shar e pl ans
345,170 161,037
345,170 161,037
23.2Movements in shares held on behalf of participants during the year
Weight ed
aver age
shar e
purchase
price
Weight ed
aver age
shar e
purchase
price
Number of
shar esNZ$
Number of
shar esNZ$
Bal an ce at 1 Ap r i l
330,0001.65 130,0001.55
Gr an t e d d u r i n g t h e y e ar
-- 200,0001.71
Fu l l y p ai d an d i ssu e d d u r i n g t h e y e ar
(80,000)1.57 --
Bal an ce at 31 M ar ch
250,000
1.67330,0001.65
The share purchase price for shares held on behalf of participants at 31 March 2021 ranged from $1.51 to
$1.71 (2020: $1.71).
23.3Fa i r v a l u e o f sh a r e r i gh t s gr a n t e d
Th er e w er e n o sh ar e r i gh t s gr an t ed d u r i n g t he year en d ed 31 M ar ch 2021. Th e f ai r val u e o f sh ar e r i gh t s
gr ant ed dur i ng t he year ended 31 M ar ch 2020 have been cal cul at ed usi ng t he Bl ack-Schol es-M er t on opt i on
pricing met hod. The following t able list s t he key input s t o t he valuat ions:
Risk
Fr e e Ra t e
for Term
Share Purchase
Pr i ce
Ex p e c t e d
Ter m
(years)
Share
Pr i ce at
Gr an t
Dat e
Ex p e c t e d
Vol at i li t y
Gr an t Dat e
9 April 2019 1.7151.7164%1.54%
23.4Key est i m at es an d j u d gem en t s
Th e Gr o u p h as det er m i n ed t h at t h e Bl ack- Sch o l es- M er t o n m o d el i s an ap p r o p r i at e m o d el t o d et er m i n e t h e f ai r
value of it s share opt ions (not e 23.3). The Black-Scholes-Mert on model requires several input s t o be est imat ed
including volatility, share price at grant date, term and dividend yield. The key assumptions around the Group's
shar e opt i ons ar e di scl osed above.
If the ordinary share price used in the valuation of share options granted during the 31 March 2020 year was
20% lower and all other variables were held the same, the expense recognised in the year ended 31 March

Th i r d Age Heal t h Ser vi ces Li m i t ed
Not es t o t he consolidat ed f inancial st at ement s
Fo r t h e y e ar e n d e d 3 1 M ar ch 2 0 2 1
34
2020 would have been $37,020 lower. If t he volatilit y used in t he opt ion valuat ion were 20% higher and all
ot her variables held t he same, t he expense recognised would have been $27,463 higher.
24.Equit y and dividends
24.1Sh a r e c a p i t a l
20212020
NZ$ # of shar esNZ$# of shares
Bal an ce at 1 Ap r i l
(1,300,455)
9,008,596
(1,290,399) 9,020,908
Sh a r e s i s s u e d
1,531,151
741,404
250,890 140,288
Tr an sact i o n co st s ar i si ng o n i ssu e o f sh ar es
(57,569)
-
- -
Sh a r e b u y b a c k
-
-
(260,946) (152,600)
Bal an ce at 31 M ar ch
173,127 9,750,000 (1,300,455) 9,008,596
Or di nar y shar es
Al l or di nar y shar es r ank equal l y wi t h one vot e at t ached t o each f ul l y pai d shar e.
Third Age Employee Share Purchase Plan Trust
Th e Co m p any h as est ab l i sh ed a Sh ar e Tr u st , t h e Th i r d Age Em p l o yee Sh ar e Pu r ch ase Pl an Tr u st ( ' Sh ar e Tr u st ' ).
Th e Sh ar e Tr u st h o l d s sh ar es i n t h e Co m p any ei t h er on Tr u st f o r p ar t i ci p an t s i n t h e SPP o r as a p o ol . Th e Sh ar e
Tr u st i s co n t r o l l ed by t h e Com p an y an d i s t her ef o r e con so l i d at ed . An y sh ar es hel d b y t h e Sh ar e Tr u st ar e
treated as treasury stock and not included within the Group number of shares on issue. During the year
588,804 shares were issued from t he pool to shareholders prior t o t he Company joining the NZX. At 31 March
2021 t here were 250,000 (2020: 838,804) shares held by t he Share Tr ust . Of t hese shares, 250,000 (2020:
330,000) were held on behalf of SPP part icipant s.
Tr easu r y Sh ar es
Th e Co m p any h el d n o or d i n ar y sh ar es as t r easu r y st o ck at 31 M ar ch 2021 ( 31 M ar ch 2020: 152, 600 sh ar es).
These shares were all re-issued during the year ended 31 March 2021 as part of share placements prior to the
Co m p a n y j o i n i n g t h e N ZX.
Eq u i t y r a i si n g c o st s
Tr ansact i on cost s associ at ed w i t h t he 588,804 Shar e Tr ust and 152,600 Tr easur y st ock shar es i ssued dur i ng t he
year have been deduct ed from proceeds received wit hin share capit al in equit y. Transact ion cost s associated
with the Company’s listing on the NZX have been expensed in profit or loss as the Company did not issue any
new shares as part of t he listing process.

Th i r d Age Heal t h Ser vi ces Li m i t ed
Not es t o t he consolidat ed f inancial st at ement s
Fo r t h e y e ar e n d e d 3 1 M ar ch 2 0 2 1
35
24.2Di vi dends
20212020
Ce n t s p e r
shar e
NZ$
Ce n t s p e r
shar e
NZ$
Interim dividend
4.12400,000 --
Sp e c i a l d i v i d e n d
10.261,000,000 --
Fi n al d i v i d e n d
-- 6.66600,000
1,400,000600,000
25.Foreign currency t ranslat ion reser ve
Ex c h a n g e d i f f e r e n c e s r e l a t i n g t o t h e t r a n sl a t i o n o f t h e r e su l t s a n d n e t a sse t s o f t h e Gr o u p ' s f o r e i g n o p e r a t i o n s
from their functional currencies to the Group's presentation currency (i.e., NZD) are recognised directly in
ot her comprehensive income and accumulat ed in t he foreign currency t ranslat ion reserve.
26.Cont ingent l iabilit ies and cont ingent asset s
Th e Gr o u p h as n o co n t i n gen t l i abi l i t i es o r co n t i n gen t asset s as at 31 M ar ch 2021.
27.Subsequent event s
Fi n a l d i v i d en d d e cl a r e d
On t he 31 M ay 2021 t h e Bo ar d decl ar ed a f i nal d i vi d en d o f 3. 91 cen t s p er sh ar e t aki n g t he t o t al d i vi d en d f or
the year to 18.28 cents per share.
No other matter or circumstances has occurred subsequent to year end that has significantly affected or may
af f ect , t he oper at i ons of t he Gr oup, t he r esul t s of t hose oper at i ons or t he st at e of af f air s of t he ent i t y i n
subsequent f i nanci al year s.
28.Discont inued operat i ons
20212020
Pr o f i t f o r t h e y ear f r o m d i sco n t i n u ed o p er at i o n s
NZ$NZ$
Th i r d Age Heal t h Au st r al i a PTY Li m i t ed (TAHA)
- 347,632
- 347,632
28.1Di sposal s
During the previous financial year (year ended 31 March 2020) the Group disposed of its wholly owned
subsi di ar y Thi r d Age Heal t h Aust r al i a PTY Li mi t ed (TAHA) on 19 Sept ember 2019. TAHA i s r epor t ed i n t he pr i or
period as a discont inued operat ion. Financial informat ion for t he discont inued operat ion for t he period
beginning 1 April 2019 t o t he date of disposal is set out below.

Th i r d Age Heal t h Ser vi ces Li m i t ed
Not es t o t he consolidat ed f inancial st at ement s
Fo r t h e y e ar e n d e d 3 1 M ar ch 2 0 2 1
36
28.2Fi n a n ci a l p e r f o r m a n ce a n d ca sh f l o w i n f o r m a t i o n
Th e f i n an ci al p er f o r m an ce and cash f l o w i n f or m at i o n p r esent ed ar e f o r t h e si x m o n t h s en ded Sept em b er 2019.
20212020
Not es
NZ$NZ$
Re v e n u e6 - 332,289
Ex p e n se s-(320,874)
Pr o f i t / ( l o ss) b ef o r e i n co m e t ax
- 11,415
Income tax benefit
- -
Pr o f i t / ( l o ss) a f t er i n co m e t ax o f d i sco n t i n u ed o p er at i o n s
- 11,415
Gai n o n sal e o f su b si d i ar y af t er i n co m e t ax28 - 336,217
Pr o f i t / ( l o ss) f r o m d i sco n t i n u ed o p er at i o n
- 347,632
Ex c h a n g e d i f f e r e n c e s o n t r a n sl a t i o n o f d i sc o n t i n u e d o p e r a t i o n s - (7,119)
To t al com p r eh en si v e i n co me f r o m d i sco nt i n u ed o p er at i o n s
- 340,513
Net cash i nf low/ (out f low) fr om oper at ing act ivit ies-287
Net cash i nf low/ (out f low) fr om invest ing act ivit ies - (1,380)
Net cash i nf low/ (out f low) fr om f inancing act ivi t ies - (19,626)
Net i ncr ease/ (decr ease) i n cash gener at ed by t he subsidi ar ies
-
(20,719)
28.3Det ai l s of t he sal e of subsi di ar i es
28.3.1Det ai l s of t he sal e of TAHA
20212020
Considerat ion received or receivable:
NZ$NZ$
Ca sh r e c e i v e d - 100,095
Non-cash r epur chase of shar es i n TAHS held by t he pur chaser - 256,928
Ca sh a n d c a sh e q u i v a l e n t s d i sp o se d o f - (3,332)
Net non-cash asset s disposed of - (17,722)
- 335,969
Gai n o n sal e b e f o r e i n co m e t ax an d r ecl assi f i cat i o n o f
foreign currency translation reserve
Re c l a ssi f i c a t i o n o f f o r e i g n c u r r e n c y t r a n sl a t i o n r e se r v e - 248
Gai n o n sal e af t e r i n co m e t ax
- 336,217

Th i r d Age Heal t h Ser vi ces Li m i t ed
Not es t o t he consolidat ed f inancial st at ement s
Fo r t h e y e ar e n d e d 3 1 M ar ch 2 0 2 1
37
Th e car r y i n g amo u nt s o f asset s an d l i ab i l i t i es as at
the date of sale (19 September 2019) were:
20212020
NZ$NZ$
Ca sh a n d c a sh e q u i v a l e n t s - 3,332
Tr ade an d o t h er r ecei vab l es - 2,133
Pr o p er t y , p l an t an d e q u i p m e n t - 43,886
To t al asset s
- 49,351
Tr ade an d o t h er p ayab l es - 1,976
Fi n an ce l e ase l i ab i l i t y - 26,321
To t al l i ab i l i t i es
- 28,297
Net asset s
- 21,054

38
A member firm of Ernst & Young Global Limited
Independent auditor’s report to the Shareholders of Third Age Health Services
Limited
Opinion
We have audited the financial statements of Third Age Health Services Limited (“the Company”) and its
subsidiaries (together “the Group”) on pages 7 to 37, which comprise the consolidated statement of
financial position of the Group as at 31 March 2021, and the consolidated statement of comprehensive
income, consolidated statement of changes in equity and consolidated statement of cash flows for the
year then ended of the Group, and the notes to the consolidated financial statements including a
summary of significant accounting policies.
In our opinion, the consolidated financial statements on pages 7 to 37 present fairly, in all material
respects, the consolidated financial position of the Group as at 31 March 2021 and its consolidated
financial performance and cash flows for the year then ended in accordance with New Zealand
equivalents to International Financial Reporting Standards and International Financial Reporting
Standards.
This report is made solely to the Company's shareholders, as a body. Our audit has been undertaken so
that we might state to the Company's shareholders those matters we are required to state to them in an
auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or
assume responsibility to anyone other than the Company and the Company's shareholders, as a body,
for our audit work, for this report, or for the opinions we have formed.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (New Zealand). Our
responsibilities under those standards are further described in the Auditor’s Responsibilities for the
Audit of the Financial Statements section of our report.
We are independent of the Group in accordance with Professional and Ethical Standard 1 International
Code of Ethics for Assurance Practitioners (including International Independence Standards) (New
Zealand) issued by the New Zealand Auditing and Assurance Standards Board, and we have fulfilled our
other ethical responsibilities in accordance with these requirements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for
our opinion.
Other than in our capacity as auditor we have no relationship with, or interest in, the Company or any of
its subsidiaries. Partners and employees of our firm may deal with the Group on normal terms within the
ordinary course of trading activities of the business of the Group.
Key audit matters
Key audit matters are those matters that, in our professional judgment, were of most significance in our
audit of the consolidated financial statements of the current year. These matters were addressed in the
context of our audit of the consolidated financial statements as a whole, and in forming our opinion
thereon, but we do not provide a separate opinion on these matters. For each matter below, our
description of how our audit addressed the matter is provided in that context.

39
A member firm of Ernst & Young Global Limited
We have fulfilled the responsibilities described in the Auditor’s responsibilities for the audit of the
financial statements section of the audit report, including in relation to these matters. Accordingly, our
audit included the performance of procedures designed to respond to our assessment of the risks of
material misstatement of the financial statements. The results of our audit procedures, including the
procedures performed to address the matters below, provide the basis for our audit opinion on the
accompanying consolidated financial statements.
Revenue
Why significant How our audit addressed the key audit matter
Revenue is a key focus of shareholders and
management in measuring the Group’s
progress towards its growth objectives.
The Group’s principal revenue stream, the
provision of consultation services, continues
to be recognised at the point in time at which
the service is provided.
The Group’s other significant revenue stream,
the provision of capitation services, is
recognised over time as the service is
provided. As billing takes place on a monthly
basis there is no deferral of revenues.
Disclosures in relation to the Group’s revenue
are included in Note 6 to the consolidated
financial statements.

In obtaining our audit evidence we:
► considered management’s assessment of the
Group’s contracts with customers, the related
performance obligations and the resultant
revenue recognition approach;

► tested a sample of revenue transactions
throughout the year to supporting information;


► tested a sample of revenue transactions
recorded either side of the balance sheet date
to consider whether they were recorded in the
appropriate period;

► used data analytic techniques to assess the
correlation of revenue, accounts receivable
and cash; and

► evaluated whether the disclosures in relation
to revenue were in compliance with the
disclosure requirements of NZ IFRS 15
Revenue from Contracts with Customers.

Information other than the financial statements and auditor’s report
The Directors of the company are responsible for the Annual Report, which includes information other
than the consolidated financial statements and auditor’s report.
Our opinion on the consolidated financial statements does not cover the other information and we do
not express any form of assurance conclusion thereon.

40
A member firm of Ernst & Young Global Limited
In connection with our audit of the consolidated financial statements, our responsibility is to read the
other information and, in doing so, consider whether the other information is materially inconsistent
with the consolidated financial statements or our knowledge obtained during the audit, or otherwise
appears to be materially misstated.
If, based upon the work we have performed, we conclude that there is a material misstatement of this
other information, we are required to report that fact. We have nothing to report in this regard.
Directors’ responsibilities for the financial statements
The Directors are responsible, on behalf of the entity, for the preparation and fair presentation of the
consolidated financial statements in accordance with New Zealand equivalents to International Financial
Reporting Standards and International Financial Reporting Standards, and for such internal control as
the Directors determine is necessary to enable the preparation of financial statements that are free
from material misstatement, whether due to fraud or error.
In preparing the consolidated financial statements, the Directors are responsible for assessing on behalf
of the entity the Group’s ability to continue as a going concern, disclosing, as applicable, matters
related to going concern and using the going concern basis of accounting unless the Directors either
intend to liquidate the Group or cease operations, or have no realistic alternative but to do so.
Auditor’s responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the consolidated financial statements
as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s
report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a
guarantee that an audit conducted in accordance with International Standards on Auditing (New
Zealand) will always detect a material misstatement when it exists. Misstatements can arise from fraud
or error and are considered material if, individually or in the aggregate, they could reasonably be
expected to influence the economic decisions of users taken on the basis of these consolidated financial
statements.
A further description of the auditor’s responsibilities for the audit of the financial statements is located
at the External Reporting Board’s website: https://www.xrb.govt.nz/standards-for-assurance-
practitioners/auditors-responsibilities/audit-report-1/. This description forms part of our auditor’s
report.
The engagement partner on the audit resulting in this independent auditor’s report is Graeme Bennett.




Chartered Accountants
Auckland
30 June 2021

Th i r d Age Heal t h Ser vi ces Li m i t ed
Co r p o r a t e Go v e r n a n c e
41
Th e o b j ect i ve o f t h e Bo ar d o f Thi r d Age Heal t h Ser vi ces Li m i t ed (“ TAH” ) i s t o en h ance sh ar eh o l d er val u e. Th e
Bo ar d co n si der s t h er e i s a st r o n g l i n k b et w een go o d co r p o r at e gover n an ce an d t h e ach i evem en t o f t hi s
object ive.
Th e co m p an y seeks t o f ol l o w t h e b est -p r act i ce r eco mm en d at i o n s f or l i st ed com p an i es t o t h e ext en t t h at i t i s
appr opri at e t o t he si ze and nat ur e of TAH’ s oper at i ons. The best pr act i ce pr i ncipl es whi ch t he Company
consi der s i n i t s gover nance appr oach ar e t he New Zeal and Exchange (NZX) Li st i ng Rul es r el at i ng t o cor por at e
gover nance, and t he NZX Cor por at e Governance Code (NZCGC), and t he Fi nanci al M ar ket Aut hor i t y’ s
Co r p o r a t e Go v e r n a n c e Pr i n c i p l e s a n d Gu i d e l i n e s, ( a l t o g e t h e r “ Pr i n c i p l e s” ) .
Th e Bo ar d co n si d er s t h at i t s cor p o r at e go ver n an ce f r am ew or k co m pl i es w i t h t hese NZCGC r ecom m en d at i o n ,
except as st at ed wit hin t hi s r eport . This r eport i s present ed by addressing t he 8 pri nciples and t he associat ed
recommendations of the NZCGC. In this regard, TAH as a company that has only recently listed on the NZX will
cont i nue t o make pr ogr ess t o ensur e compl iance wi t h t he NZX Code.
Th e i nf o r m at i o n i n t h i s r ep o r t i s cur r en t as at t he d at e of r el ease o f t h e 2020 An n u al Rep o r t an d h as b een
appr oved by t he Boar d of TAH.
Th e key cor p o r at e go ver n an ce d o cu men t s r ef er r ed t o i n t hi s r ep o r t ar e avai l abl e o n t he I n vest or s sect i o n o f
the TAH’s website atht t ps:/ / www.t hirdagehealt h.co.nz
Pr i n ci p l e 1 – Co d e o f Et h i cal Be h av i o u r
Re co m m e n d a t i o n 1 . 1
Th e Boar d shoul d document mi ni mum st anda r ds of et hi cal behavi our t o w hi ch t he i ssuer ’ s di r ect or s and
empl oyees ar e expect ed t o adhere (a code of et hi cs).
Th e code o f et hi cs and w her e t o f i nd i t shoul d b e communi cat ed t o t he i ssuer ’ s empl oyees. Tr ai ni ng shoul d be
provided regularly. The standards may be cont ained in a single policy document or more t han one policy.
Th e code o f et hi cs shoul d out l i ne i nt er nal r epor t i ng p r ocedur es f o r any br each of et hi cs, and descr i b e t he
issuer’s’ expectations about behaviour, namely that every director and employee:
a.act s honest ly and wit h personal int egrit y in all act ions;
b.declares conflict s of int erest and proactively advises of any pot ential conflict s;
c.undert akes proper receipt and use of corporat e information, asset s and propert y;
d.in the case of directors, give proper attention to the matters before them;
e.act s honest ly and in t he best int erest of t he issuer, as required by law, and takes account of int erest s of
shar ehol der s and o t her st akehol der s;
f.adheres t o any procedures around giving and receiving gift s (for example where gift s are given t hat are of
value in order t o influence employees and direct ors, such gifts should not be accept ed);
g.adheres t o any procedures about whist le blowing (for example, where act ions of a whistle blower have
compl i ed wi t h t he i ssuer ’ s procedur es, an i ssuer shoul d pr ot ect and suppor t t he, whet her or not act i on i s
taken): and
h.manages breaches of t he code
Th e co m p an y d o es n o t co mp l y w i t h t hi s r ecom m en d at i o n becau se i t d o es n o t h ave a p u b l i sh ed co de o f et hi cs.
However, a code of ethics will be published this current financial year. Directors observe and foster high
et hical st andards. The Company expect s it s dir ect or s, off icers, and employees t o act legall y, t o maint ain high
et hical st andards, and t o act wit h i nt egrit y consist ent wit h TAH’ s policies, guidi ng principles and values. The
Company adopts policies to ensure it maintains high standards of performance and behaviour when dealing
with the Company’s customers, suppliers, shareholders and staff. The specific policies currently in place are a
Di ver si t y and I ncl usi on pol i cy and a Fi nanci al Pr oduct s Tr adi ng pol i cy.

Th i r d Age Heal t h Ser vi ces Li m i t ed
Co r p o r a t e Go v e r n a n c e
42
Re co m m e n d a t i o n 1 . 2
An i ssuer shoul d have a f inanci al product deal i ng pol i cy which appl i es t o empl oyees and di r ect or s
Th e Co m p any co m pl i es w i t h t hi s r ecom m en d at i o n . Th e Fi n an ci al Pr o d uct s Tr adi n g Pol i cy can b e f o u n d o n t he
investor section of the Company website.
Pr i n ci p l e 2 - Bo ar d co m p o si t i o n & Per f o r m an ce
Re co m m e n d a t i o n 2 . 1
Th e boar d of t he i ssuer shoul d oper at e under a w r i t t en char t er w hi ch set out t he r ol es and r espon si bi l i t i es of
the board. The board charter should clearly distinguish and disclose the respective roles and responsibilities of
the board and management
Th e Co m p any co m pl i es w i t h t hi s r ecom m en d at i o n, w i t h t h e b o ar d op er at i n g u n d er a Bo ar d ch ar t er .
Re co m m e n d a t i o n 2 . 2
Ev e r y i ssu e r sh o u l d h a v e a p r o c e d u r e f o r t h e n o m i n a t i o n a n d a p p o i n t m en t o f d i r e c t o r s t o t h e b o a r d .
Th e Co m p any co m pl i es w i t h t hi s r ecom m en d at i o n t h r o ugh t h e est abl i shm en t o f a n om i n at i o n s com m i t t ee.
Th e n om i n at i o n s com m i t t ee com p r i ses Bevan Wal sh ( Ch ai r m an , No n i nd ep en den t ) , Jo h n Sam u el Ron n y
Fe r n an d e s ( I n d e p e n d e n t d i r e ct o r ) an d No r ah Kat h l e e n Bar l o w ( i n d e p e n d e n t d i r e ct o r ) . Th e c o m m i t t e e e n g age s
in nominations decisions to ensure the most appropriate balance of skills, qualifications, experience and
background t o effect ively govern TAH.
Re co m m e n d a t i o n 2 . 3
An i ssuer shoul d ent er i nt o wr i t t en agr eement s wi t h each newl y appoi nt ed di r ect or est abli shi ng t he t er ms of
their appointment.
Th e Co m p any co m pl i es w i t h t hi s r eco mm en d at i o n . Al l cu r r en t d i r ect or s an d seni o r execu t i ves h ave en t er ed
into written agreements with the Company setting out the terms of their appointment. In accordance with the
NZX Li st ing Rules, all dir ect or s ar e r equir ed t o r et ir e (t hough may be r e-elect ed) not l at er t han t he t hir d annual
meeting following t he direct or’s appoint ment, or aft er t hree years, whichever is longer. Any Direct ors
appoi nt ed by t he Boar d since t he pr evi ous annual meet i ng must al so r et i r e and ar e el i gi bl e f or el ect i on.
Re co m m e n d a t i o n 2 . 4
Ev e r y i ssu e r sh o u l d d i sc l o se i n f o r m a t i o n a b o u t e a ch d i r ec t o r i n i t s a n n u a l r ep o r t o r o n i t s w e b si t e , i n c l u d i n g
profile of experience, lengt h of service, independence and ownership int erest and direct or at tendance at Board
meet ings.
Th e Co m p any co m pl i es w i t h t hi s r ecom m en d at i o n . Th e b i ogr ap h i es o f t h e d i r ect or s ar e avai l ab l e i n t h i s An n u al
Re p o r t a n d o n t h e c o m p a n y w e b si t e .
Th e Bo ar d m eet s as o f t en as i t d eem s ap p r o pr i at e, i n cl ud i n g sessi o n s t o r evi ew t h e p er f or m ance o f t h e
business versus plans and t o consider t he strat egic direct ion of TAH, t he List ing during t he year and it s
forward-looking business plans. Video and/or phone conferences are mostly used since COVID-19 travel
restrictions are in place.

Th i r d Age Heal t h Ser vi ces Li m i t ed
Co r p o r a t e Go v e r n a n c e
43
Th e t ab l e b el o w set s o u t d i r ect o r at t en d an ce at Bo ar d m eet i n gs d u r i n g FY21.
Di r ect or
Number of
meet ings eligible
to attend
Number of
meet ings
at t ended
Bevan Jo h n Wal sh66
Davi d Wi l l i am Ker r (r esi gned 29 Oct ober 2020)22
Jo h n Sa m u e l Ro n n y Fe r n a n d e s66
Michael Bruce Haskell (resigned 23 May 2021)66
Nor ah Kat hleen Bar low66
Re co m m e n d a t i o n 2 . 5
An i ssuer shoul d have a wr i t t en di ver si t y pol i cy whi ch incl udes r equi r ement s f or t he boar d or a r elevant
commi t t ee of t he board t o set measur abl e obj ect i ves f or achi evi ng di ver si t y (whi ch at a mini mum shoul d
address gender diversit y) and to assess annually bot h the object ives and t he ent it y’s progress in achieving
them. The issuer should disclose the policy or a summary of it.
Th e co m p an y com p l i es w i t h t h i s r ecom m en d at i o n , t h o u gh i s st i l l d evel o p i ng m easur ab l e d i ver si t y an d
inclusion objectives that it can review and report against annually.
A wr i t t en pol i cy can be f ound on t he Company’ s websi t e.
NZX li st ed issuer s ar e r equir ed t o r epor t quant it at ive dat a on t he gender br eakdown of Dir ect or s and Of f icer s
at t he f i nanci al year end. The pol i cy behi nd t he r ul e i s t o pr ovi de i nf or mat i on t o al l ow i nvest or s t o mai nt ai n an
informed view of diversity as a factor relevant to an Issuer’s expected performance.
As at 31 March 2021 the mix of male and female of the board and Company’s senior management was as
follows:
20212020
MaleFe m a l eMaleFe m a l e
Non-execut ive Dir ect or s2131
Se n i o r M a n a g e m e n t2222
Re co m m e n d a t i o n 2 . 6
Di r ect or s shoul d under t ake appr opr i at e t rai ni ng t o r emai n cur r ent on how t o best per f or m t hei r dut i es a s
direct ors of an issuer.
Members of the Board undertake regular professional training to remain current on how best to perform their
dut ies. The Company encourages all Direct ors t o undert ake appropriat e t raining and education so t hat t hey
may best perform their duties. This may include attending presentations on changes in governance, legal and
regulatory frameworks; attending technical and professional development courses; site visits and briefings
from key executives; and attending presentations from industry experts and key advisers. In addition, updates
ar e pr ovi ded t o t he Boar d on r el evant i ndust r y and company i ssues.
Re co m m e n d a t i o n 2 . 7
Th e Boar d shoul d have a pr ocedur e t o r egul ar l y assess di r ect or , boa r d and commi t t ee per f or mance.
Th e b o ar d w i l l be i n t r o d u ci ng an assessm en t p r o cess t o en ab l e an an n u al assessm en t o f t h e di r ect or s, t h e
board and t he st anding commit t ees.At appr opr i at e t i mes t he Boar d consi der s i ndi vi dual and col l ect i ve
performance, t oget her wit h t he skill set s, t raining and development and succession planning required t o
gover n t he business. A f ur t her eval uat i on of Boar d per f or mance wi l l be under t aken l at er i n t he cur r ent
financial year.

Th i r d Age Heal t h Ser vi ces Li m i t ed
Co r p o r a t e Go v e r n a n c e
44
Re co m m e n d a t i o n 2 . 8
A maj or i t y of t he board shoul d be i ndependent di r ect or s.
Th e Co m p any co m pl i es w i t h t hi s r ecom m en d at i o n . I n det er m i ni n g d i r ect o r i n dep en d en ce, t h e Bo ar d h as
appl i ed f act or s out l i ned i n t he comment ar y t o Corpor at e Gover nance Code r ecommendat i on 2.4.
Th e Bo ar d cu r r en t l y co m p r i ses f o ur Di r ect or s, t h r ee of w h om ar e i n d ep en d en t :
xBevan Jo h n Wal sh , Ch ai r m an, No n i n d epen d en t
xJo h n Sa m u e l Ro n n y Fe r n a n d e s, I n d e p e n d e n t d i r e c t o r
xNor ah Kat hleen Barlow, independent dir ect or
xWayne Williams, independent direct or (appoint ed 10 June 2021)
Michael Haskell, CEO and executive director resigned from the board on 23 May 2021 to focus his efforts on
the role of CEO. Directors’ interests disclosed in FY21 financial year are described on page 53 of this Annual
Re p o r t .
Re co m m e n d a t i o n 2 . 9
An i ssuer shoul d have an i ndependent chai r of t he Boar d. If t he Chai r i s not i ndependent , t he chai r and t he CEO
shoul d be di f f er ent peopl e.
Th e Co m p any co m pl i es w i t h t hi s r eco mm en d at i o n n o t i ng t hat t h e ch ai r i s n o t i n d epen d en t , bu t t h e ch ai r and
CEO a r e d i f f e r e n t p e o p l e . Th e B o a r d h a s d e t e r m i n e d t h a tBev an Jo h n W al sh ( Ch ai r m an ) i s n o t i n d e p e n d e n t b y
vir t ue of his significant shareholding. However, the Board considers t hat t he skills and experience provided by
Mr. Walsh and the alignment of interests with other shareholders outweigh any benefits of the
recommendation that the Chairman be independent. The Board further considers that despite Mr. Walsh
being non independent t he ot her direct ors are independent non-execut ive direct ors and so t here is sufficient
openness and challenging of views t o ensure a diversit y of views are considered by t he Board, and t he
Ch a i r m a n ’ s i n d e p e n d e n t d e c i si o n m a k i n g i s n o t c o m p r o m i se d .
Pr i n ci p l e 3 – Bo ar d Co m m i t t ees
Re co m m e n d a t i o n 3 . 1
An i ssuer ’ s audi t commi t t ee shoul d operat e under a wr i t t en char t er . M ember shi p on t he audi t commi t t ee
shoul d be a ma j or i t y of i ndependent di r ect or s and co mpr i se sol el y on non- execut i ve di r ect o r s of t he i ssuer . The
Ch a i r o f t h e a u d i t c o m m i t t e e sh o u l d b e a n i n d e p e n d e n t d i r e c t o r a n d n o t t h e c h a i r o f t h e b o a r d
Th e Co m p any co m pl i es w i t h t hi s r eco mm en d at i o n . Th e b o ar d o p er at es an Au di t Com m i t t ee w hi ch p r o vi d es a
forum for the effective communication between the Board and external auditors, and to review and manage
risk. The Committee reviews the annual and half-yearly financial statements prior to their approval by the
Bo ar d , t h e ef f ect i ven ess o f i nt er n al co n t r o l an d m an agem ent i n f or m at i o n syst em s, an d t he ef f i ci en cy an d
ef f ect iveness of t he audit f unct ion.
Dur i ng t he year ended 31 M ar ch 2021 t he Commi t t ee compr i ses of John Fer nandes (Chai r & i ndependent
direct or), Norah Barlow (independent direct or), Bevan Walsh (non-independent direct or) and David Kerr
(Independent direct or – who resigned from t he Board, 29 Oct ober 2020). The Audit Committ ee Chart er can be
found on the Company website.

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Th e t ab l e b el o w set s o u t d i r ect o r at t en d an ce at com m i t t ee m eet i n gs d u r i n g FY21.
Di r ect or
Number of
meet ings eligible
to attend
Number of
meet ings
at t ended
Jo h n Sa m u e l Ro n n y Fe r n a n d e s ( Ch a i r )11
Bevan Jo h n Wal sh11
Nor ah Kat hleen Bar low11
Davi d Wi l l i am Ker r (r esi gned 29 Oct ober 2020)
- -
Davi d Ker r r esi gn ed bef or e t he f i r st meet i ng w as conv ene.
Re co m m e n d a t i o n 3 . 2
Employees should only at t end t he audit commit t ee at t he invit at ion of t he audit commit t ee.
Th e Co m p any co m pl i es w i t h t hi s r ecom m en d at i o n . Em pl o yees an d o t h er n o n- m em b er s o f t h e com m i t t ee
only at tend by invit at ion.
Re co m m e n d a t i o n 3 . 3
An i ssuer shoul d have a r emuner at i on commi t t ee which operat es under a wr i t t en char t er (unl ess t hi s i s car r i ed
out by the whole board). At least a majority of t he remunerat ion commit t ee should be independent direct ors.
Th e Co m p any p ar t l y com p l i es w i t h t h i s r ecom m en d at i o n t h r ou gh t he est ab l i shm en t o f a r em u n er at i o n s
commi t t ee whi ch compri ses a maj or i t y of i ndependent di rect or s: Bevan Wal sh (Chai r man, Non i ndependent ),
Jo h n Sa m u e l Ro n n y Fe r n a n d e s ( I n d e p e n d e n t d i r e c t o r ) a n d N o r a h Ka t h l e e n Ba r l o w ( i n d e p e n d e n t d i r e c t o r ) . Th e
Co m p a n y i s st i l l t o p u b l i sh t h e r e m u n e r a t i o n c o m m i t t e e c h a r t e r , b u t t h i s w i l l b e d o n e d u r i n g t h e c u r r e n t
financial year.
Re co m m e n d a t i o n 3 . 4
An i ssuer shoul d est abl i sh a nomi nat i ons commi t t ee t o r ecommend di r ect or appoi nt ment s t o t he board (unl ess
this is carried out by the whole board) which should operate under a written charter. At least a majority of the
nominat ions commit t ee should be independent directors
Th e Co m p any p ar t l y com p l i es w i t h t h i s r ecom m en d at i o n t h r ou gh t he est ab l i shm en t o f a no m i n at i o n s
commi t t ee whi ch compri ses a maj or i t y of i ndependent di rect or s: Bevan Wal sh (Chai r man, Non i ndependent ),
Jo h n Sa m u e l Ro n n y Fe r n a n d e s ( I n d e p e n d e n t d i r e c t o r ) a n d N o r a h Ka t h l e e n Ba r l o w ( i n d e p e n d e n t d i r e c t o r ) . Th e
Co m p a n y i s st i l l t o p u b l i sh t h e n o m i n a t i o n s c o m m i t t e e c h a r t e r , b u t t h i s w i l l b e d o n e d u r i n g t h e c u r r e n t
financial year.
Re co m m e n d a t i o n 3 . 5
An i ssuer shoul d consider whet her i t i s appr opr iat e t o have any ot her boar d commi t t ees as st andi ng
commi t t ees. Al l commi t t ees shoul d operat e under wr i t t en char t ers. An i ssuer should i dent i f y t he member s of
each of i t s commi t t ees, and per iodi cal l y r epor t member at t endance.
Th e Bo ar d w i l l co n t i n u e t o access t he r eq ui r em ent s f or f u r t h er st an di n g co mm i t t ees.Th e Bo ar d w i l l u se
st andi ng commi t t ees w her e t hi s w i l l en hance i t s ef f ect i veness i n key ar eas, w hi l e st i l l r et ai ni ng Boar d
responsibility.
Re co m m e n d a t i o n 3 . 6
Th e boar d shoul d est abl i sh app r op r i a t e p r ot ocol s t hat set out t h e pr ocedur e t o be f ol l ow ed i f t her e i s a
takeover offer for the issuer including any communication between insiders and the bidder. The board should
disclose t he scope of independent advisory report s t o shareholder. These protocols should disclose t he opt ion of

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est abl i shi ng an i ndependent t akeover commi t t ee, and t he l i kel y composi t i on and i mpl ement at i on of an
independent takeover committee.
In the case of a takeover offer, TAH will form an Independent Takeover Committee to oversee disclosure and
response and engage expert legal and financial advisors to provide advice on procedure. The Company does
not have a formal Takeover Response Policy at t his st age and so is not compliant wit h t his recommendat ion.
Pr i n ci p l e 4 - Rep o r t i n g an d d i scl o su r e
Re co m m e n d a t i o n 4 . 1
Th e i ssuer ’ s boa r d shoul d have w r i t t en cont i nuous di scl osur e pol i cy
Th e Co m p any co m pl i es w i t h t hi s r eco mm en d at i o n . TAH’ s d i r ect o r s ar e com m i t t ed t o keep i n g i n vest o r s an d t h e
market informed of all material informat ion about t he Company and it s performance, in a t imely manner. TAH
has adopt ed a Market Disclosure Policy t o ensure that mat erial informat ion is ident ified, report ed, assessed
and, wher e r equi r ed, di scl osed t o t he mar ket i n a t i mel y manner . A copy of t he Pol i cy i s avai l abl e on t he
Co m p a n y w e b si t e .
Re co m m e n d a t i o n 4 . 2
An i ssuer shoul d make i t s code of et hi cs, boar d and commi t t ee char t er s and t he pol i cies r ecommended in t he
NZX Code, t oget her wi t h any ot her key gover nance document s, avai labl e on i t s websi t e.
Th e Co m p any co m pl i es w i t h t hi s r ecom m en d at i o n excep t f o r a p u b l i sh ed co d e o f et hi c as m en t i o n ed i n
recommendation 1.1. Published policies and charters are found the Company’s website.
Re co m m e n d a t i o n 4 . 3
Fi n a n ci a l r ep o r t i n g sh o u l d b e b a l a n ced , cl ea r a n d o b j ect i v e. An i ssu er sh o u l d p r o v i d e n o n - f i n a n ci a l di scl o su r es
at least annually, including considering environment al, economic and social factors and pract ices. It should
expl ain how operat i onal or non-f i nanci al t ar get s ar e measured. Non-f i nanci al r epor t i ng shoul d be i nf or mat i ve,
include forward looking assessments, and align with key strategies and metrics monitored by the board.
In addition to all information required by law, TAH also seeks to provide meaningful information to ensure
st akehol der s and i nvest or s ar e w el l i nf or med, i ncl udi ng f i nanci al and non-f i nanci al i nf or m at i on.
Fi n a n ci a l I n f o r m at i o n
Se n i o r M a n a g e m e n t i s r e s p o n s i b l e f o r i m p l e m e n t i n g a n d m a i n t a i n i n g a p p r o p r i a t e a c c o u n t i n g a n d f i n a n c i a l
reporting principles, policies, and internal controls designed to ensure compliance with accounting standards
and appl i cabl e l aws and r egul at i ons. M anagement have engaged an out si de pr of essi onal account i ng f orm t o
provide support wit h financial governance and int ernal controls and as announced t o t he NZX on 10 June 2021
have appoint ed Neil Hopkins as Act ing Chief Financial Officer.
Th e Bo ar d ’ s Au d i t Co m m i t t ee o ver sees t he q u al i t y an d i n t egr i t y o f ext er n al f i n an ci al r ep o r t i n g, i n cl u d i n g t he
accur acy, compl et eness, bal ance and t i meli ness of f i nanci al st at ement s. It r evi ews TAH’ s f ul l and hal f year
financial statements and makes recommendations to the Board concerning accounting policies, areas of
judgement, compliance with accounting standards, stock exchange and legal requirements, and the results of
the external audit.
Fo r t h e f i n an ci al y e ar e n d e d 3 1 M ar ch 2 0 2 1 , t h e Di r e ct o r s b e l i e v e t h at p r o p er acco u n t i n g r e co r d s h av e b e e n
kept t hat enable t he det erminat ion of the Company’s financial posit ion wit h reasonable accuracy and facilit at e
compl i ance of t he f i nanci al st at ement s wi t h t he Fi nanci al Mar ket s Conduct Act 2013.
TAH’ s f u l l an d h al f year f i n anci al st at em en t s ar e avai l abl e o n t h e Co m p any’ s w eb si t e.

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Non-financial information
TAH set s o u t , r ep o r t s agai n st an d d i scu sses i t s st r at egi c o b j ect i ves i n a var i et y o f com m un i cat i o n s i n cl u d i ng t h e
Ch a i r a n d CEO’ s c o m m e n t a r y i n sh a r e h o l d e r r e p o r t s. Fu r t h e r , i t p r o v i d e s n o n - f i n a n c i a l d i sc l o su r e a t l e a st
annual l y, i ncl udi ng any consi der at i on of mat er i al exposur e t o envi r onment al , economi c and soci al
sust ai nabi l i t y r i sks, as w el l as ot her key r i sks.
Pr i n ci p l e 5 – Rem u n er at i o n
Re co m m e n d a t i o n 5 . 1
An i ssuer shoul d r ecommend di r ect or r emuner at i on t o shar ehol der s f or approval i n a t r anspar ent manner .
Act ual di r ect or r emunerat i on should be cl ear ly di scl osed i n t he i ssuer ’ s annual r epor t .
Th e Co m p any co m pl i es w i t h t hi s r eco mm en d at i o n . Rem un er at i o n o f Di r ect o r s an d seni o r execu t i ves i s a key
responsibility of the Board. The Board ensures that remuneration is benchmarked to the market for , Director
and Boar d posi t i ons.
Re co m m e n d a t i o n 5 . 2
An i ssuer shoul d have a r emuner at i on pol i cy f or r emunerat i on of di r ect or s and of f icer s, whi ch out l i nes t he
relative weightings of remuneration component and relevant performance criteria.
Th e Co m p any co m pl i es w i t h t hi s r ecom m en d at i o n .
Di r ect or r emuner at i on
Th e t o t al r em un er at i o n p o o l avai l ab l e f o r Di r ect o r s w as f i xed at l i st i n g at a cur r en t m axi m u m o f $150, 000 p er
annum f or al l non-execut i ve Di r ect or s. The Boar d det ermi nes t he l evel of r emuner at i on pai d t o Di r ect or s f r om
that pool. Directors also receive reimbursement for reasonable travelling, accommodation and other expenses
incurred in the course of performing their duties.
Any pr oposed i ncr eases i n pool of f ees f or non-execut i ve Di r ect or f ees and r emuner at i on wil l be put t o
shar ehol der s f or appr oval . If i ndependent advi ce i s sought by t he Boar d, i t w i l l be di scl osed t o shar ehol der s as
part of t he approval process.
Board role approved remuneration
Th e f ees p ayab l e t o a n o n - execu t i ve Ch ai r m an cu r r en t l y amo u n t t o $35, 000 p er an n um , i n cl u si ve of al l
commi t t ee par t i cipat i on. The f ees payabl e t o a non-execut i ve Di r ect or wi t h ef f ect f r om 1 Januar y 2021,
cur r ent l y amount t o $35,000 per annum. No addi t i onal Di r ect or s’ f ees ar e yet pai d f or member shi p or chai r i ng
of subcommit t ees.
Ex e c u t i v e r e m u n e r a t i o n
In general, executive remuneration comprises a fixed base salary and an at-risk short-term incentive payable
annual l y. At -ri sk i ncent i ves ar e pai d agai nst t ar get s agr eed wi t h execut i ves at t he commencement of t he
period and are based on financial measures mainly earnings t arget s.
Re co m m e n d a t i o n 5 . 3
An i ssuer shoul d di scl ose t he r emuner at i on ar r angement s i n place f or t he CEO i n i t s annual r epor t . Thi s shoul d
include disclosure of base salary, short term incentives and long-term incentives and the performance criteria
used t o det ermine performance-based payment s.
Th e Co m p any co m pl i es w i t h t hi s r ecom m en d at i o n . Th e CEO r em u n er at i o n i s d et ai l ed u n d er n o t e 17. 3 o f t h e
Co n so l i d a t e d Fi n a n c i a l St a t e m e n t s o n p a g e 2 6

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Pr i n ci p l e 6 - Ri sk M an agem en t
Re co m m e n d a t i o n 6 . 1
An i ssuer shoul d have a r i sk management f ramewor k f or i t s business and t he i ssuer ’ s boar d should r ecei ve and
review regular reports. An issuer should report the material risks facing the business and how these are being
managed.
Th e Bo ar d h as o ver al l r esp o n si b i l i t y f o r t h e Co m p any’ s syst em of r i sk m an agem en t an d i n t er n al co n t r o l . Th e
Bo ar d d el egat es d ay- t o- d ay m an agem en t o f t h e r i sk t o t h e CEO. I n add i t i o n , t h e Au d i t Com m i t t ee pr o vi des an
addi t i onal and more speci al i sed over si ght of TAH’ s r i sks i n addi t i on t o t he over si ght pr ovi ded by t he Boar d.
Ri sk I d e n t i f i ca t i o n
Th e sen i o r m an agem en t t eam i s r eq u i r ed t o r egu l ar l y i den t i f y t h e m aj o r r i sks af f ect i n g t h e b u si n ess an d
develop st ruct ures, pract ices and processes t o manage and monit or these risks.
Insurance
TAH m ai n t ai n s i n su r an ce p o l i ci es t h at i t con si d er s ad eq uat e t o m eet i t s i n su r ab l e r i sks.
Re co m m e n d a t i o n 6 . 2
An i ssuer shoul d di scl ose how i t manages i t s heal t h and saf et y r i sks and shoul d r epor t on i t s heal t h and saf et y
risks, performance and management.
Th e Co m p any d o es n o t com p l y w i t h r eco m m end at i o n as t her e i s n o f or m al pr o cess r epo r t i n g t o t he b o ar d o n
its health and safety risks, performance and management. The Company will instigate these processes in the
current financial year. The Board recognises that effective management of health and safety is essential for the
operat ion of a successful business, and it s int ent is t o prevent harm and promot e wellbeing for employees,
cont r act or s and cust omer s. The Boar d i s r esponsi bl e f or ensur i ng t hat t he syst ems used t o i dent i f y and
manage healt h and safet y risks are fit for purpose, being effect ively implement ed, regularly reviewed and
cont i nuousl y i mpr oved.
Pr i n ci p l e 7 – Au d i t o r s
Re co m m e n d a t i o n 7 . 1
Th e boar d shoul d est abl i sh a f r amew or k f or t he i ssuer ’ s r el at i onshi p w i t h i t s ext er nal audi t or s. Thi s shoul d
include
a.Fo r su st a i n i n g co m mu n i ca t i on w i t h t h e i ssu er ’ s ex t er n a l a u d i t o r s;
b.To ensur e t hat t he abi l i t y of t he ext er nal audi t or s t o ca r r y out t h ei r st at u t or y audi t r ol e i s not i mpai r ed, or
coul d r easonabl y be concei ved t o be i mpai r ed;
c.To addr ess w hat , i f any ser vi ces ( w het her by t yp e o r l evel ) ot her t han t hei r st at ut or y audi t r ol es may be
provided by the audit ors to t he issuer: and
d.To p r ovi de f or t he moni t or i ng and appr oval by t h e i ssuer ’ s audi t commi t t ee of any ser vi ce pr ovi ded t o t he
issuer other than in their statutory audit role.
Th e Co m p any co m pl i es w i t h t hi s r ecom m en d at i o n . Th e Bo ar d i s com m i t t ed t o en su r i n g au d i t i n d ep end en ce,
bot h in fact and appearance, so t hat TAH’s ext ernal financial report ing is viewed as being highly object ive and
without bias. The Audit Committee reviews the quality and cost of the audit undertaken by the Company’s
ext ernal audit or s and provides a f ormal channel of communicat ion bet ween t he Board, senior management
and ext er nal audi t or s.
Th e Au d i t Co mm i t t ee ap p r o ves t he aud i t or ’ s t er m s of en gagem en t , au d i t p ar t n er r o t at i o n ( at l east ever y f i ve
years) and audit f ee and reviews and provides feedback in respect of t he annual audit plan. The Audit
Co m m i t t e e p e r i o d i c a l l y h a s t i m e w i t h t h e e x t e r n a l a u d i t o r w i t h o u t m a n a g e m e n t p r e se n t . Th e Co m m i t t e e a l so
assesses t he audi t or’ s i ndependence on an annual basi s.

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Al l audi t wor k at TAH i s f ul l y separ at ed f r om non-audi t ser vi ces t o ensur e t hat appr opr i at e i ndependence i s
maint ained. There were no other services provided by EY in FY21. The amount of fees paid t o EY for audit and
non-audit work t o are identified on not e 8 of t he Consolidated Finance St at ement s on page 20.
EY h a s p r o v i d e d t h e Co m m i t t e e w i t h w r i t t e n c o n f i r m a t i o n t h a t , i n i t s v i e w , i t w a s a b l e t o o p e r a t e
independently during the year.
Re co m m e n d a t i o n 7 . 2
Th e et er nal audi t or shoul d at t end t he i ssuer ’ s Annual M eet i ng t o answ er qu est i ons f r om sha r ehol d er i n r el a t i on
to the audit.
Th e Co m p any co m pl i es w i t h t hi s r ecom m en d at i o n . EY w i l l be i nvi t ed t o at t en d t h e FY21 An n u al Sh ar eh o l d er s’
Meeting, and available to answer questions from shareholders at that meeting.
Re co m m e n d a t i o n 7 . 3
Internal audit functions should be disclosed.
TAH h as a nu m ber o f i n t er n al co n t r ol s w hi ch ar e o ver seen b y t h e Au d i t Com mi t t ee an d / or t he Boar d. Th ese
include controls for business continuity management, insurance, health and safety, conflicts of interest, and
prevention and identification of fraud. The Company does not have an int ernal audit funct ion but recent ly
engaged prof essional advisors Deloi t t e t o undert ake a review of int ernal cont rols.
Pr i n ci p l e 8 – Sh ar eh o l d er r i gh t s an d r el at i o n s
Re co m m e n d a t i o n 8 . 1
An i ssuer shoul d have a websi t e wher e i nvest or s and i nt er est ed st akehol der s can access f i nanci al and
operat ional informat ion and key corporat e governance informat ion about t he issuer.
Th e Co m p any co m pl i es w i t h t hi s r ecom m en d at i o n . The Com p an y w eb si t e can b e f o u n d h er e:
ht t ps:/ / www.t hirdagehealt h.co.nz/
Re co m m e n d a t i o n 8 . 2
An i ssuer shoul d al l ow i nvest or s t he abi l i t y t o easi l y communi cat e wi t h t he i ssuer, i ncl uding t he opt i on t o
receive communications from the issuer electronically.
Th e Co m p any co m pl i es w i t h t hi s r ecom m en d at i o n . Th e Bo ar d i s com m i t t ed t o o p en an d r egu l ar di al ogu e an d
engagement wit h shareholders. TAH seeks t o ensure t hat invest ors underst and i t s act ivit ies by communicat ing
effectively with them and giving them access to clear and balanced information.
TAH h as a cal en d ar o f co mm u n i cat i o n s an d even t s f o r sh ar eh o l d er s, i n cl u d i ng b u t n o t l i m i t ed t o :
• half and full Year Results Announcements and Annual Report;
• market announcements;
• Annual Shareholders’ Meeting;
• scheduled and ad hoc investor presentations to institutional investors and retail brokers;
• easy access to information through the TAH website
• access to management and the Board via a dedicated email address invest,investors@thirdagehealth.co.nz
Re co m m e n d a t i o n 8 . 3
Quot ed equi t y secur i t y hol der s have t h e r i ght t o vot e on ma j or deci si on s w hi ch may change t he na t ur e of t he
issuer in which they are invested
Th e Co m p any co m pl i es w i t h hi s r ecom m en d at i o n . Sh ar eh o l d er s ar e act i vel y enco u r aged t o at t en d t h e An n u al
Sh a r e h o l d e r s’ M e e t i n g a n d m a y r a i s e m a t t e r s f o r d i s c u s si o n a t t h i s e v e n t a n d m a y v o t e o n m a j o r d e c i s i o n s t h a t
af f ect TAH. Vot ing i s by pol l , uphol di ng t he ‘ one shar e, one vot e’ phi l osophy.

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In accordance with the Companies Act 1993, TAH’s Constitution and the NZX Main Board Listing Rules, TAH
refers major decisions that may change the nature of the Company to shareholders for approval. All
shar ehol der s ar e gi ven t he opt i on t o el ect t o r ecei ve el ect r oni c communi cat i ons f r om t he Company. I n
addi t i on t o shar ehol der s, TAH has a wi de r ange of st akehol der s and mai nt ai ns open channel s of
communication for all audiences, including brokers, the investing community, regulators, staff, customers and
suppl i er s.
Re co m m e n d a t i o n 8 . 4
If seeking additional equity capital, issuers of quoted securities should offer further equity securities to existing
equi t y secur i t y hol der s of t he same cl ass on a pr o r at a basi s and no l ess f avourabl e bef or e f ur t her equi t i es ar e
of fered to other invest ors
In the event that the Company will seek additional equity capital, the Company will seek to offer further equity
secur i t i es t o exi st i ng equi t y secur i t y hol der s of t he same cl ass on a pr o r at a basi s and no l ess f avour abl e bef or e
further equities are offered to other investors.
Re co m m e n d a t i o n 8 . 5
Th e boar d shoul d ensur e t hat t he not i ces of annual o r speci al meet i ngs of quot ed equi t y secur i t y hol d er s i s
post ed on the issuer’s websit e as soon as possible and at least 20 working days prior t o t he meet ing
Th e Co m p any w i l l co mp l y w i t h t hi s r ecom m en d at i o n . No t i ce o f t h e f o r t h com i ng An nu al m eet i n g o f
shar ehol der s w i l l be post ed on t he i ssuer ’ s w ebsi t e as soon as possi bl e and at l east 20 w or ki ng days pr i or t o
the meeting.

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Co m p a n y s h a r e s
On 11 Feb r u ar y 2021 t h e Co m p any u n d er t o o k a comp l i an ce l i st i ng o f i t s eq ui t y secu r i t i es o n t h e NZX M ai n
board and no cash was raised in t he process. The Company’s ordinary shares are list ed on t he NZX Main Board
under t he t icker code TAH.
Tw en t y l ar gest r egi st er ed sh ar eh o l d er s
Th e f o l l o w i n g t ab l e sh o w s t h e n ames an d h o l di n gs o f t h e 20 l ar gest r egi st er ed h o l d i n gs o f l i st ed o r d i n ar y
shar es of t he Company as at 14 June 2021
Investor nameSh a r e s h e l d
% of issued
capi t al
Be van Jo h n Wal sh4,332,73144.44%
Michael Haskell & Associates Limited3,372,71134.59%
New Zealand Deposit or y Nominee <1 A/ C>320,2893.29%
Di ane Lynn Budr es248,3922.55%
Br i an Hazel t o n Wal sh214,6692.20%
Len o r e Dei r d r e Bau er156,5001.61%
FNZ Cu st o d i an s Li mi t e d120,8601.24%
Jsr f Li m i t e d81,5060.84%
PHC Eq u i t i e s Li mi t ed80,0000.82%
Br u ce Jo hn M ccu l l agh37,0000.38%
Cu st o d i a l Se r v i c e s Li m i t e d < 3 A / C>34,7550.36%
Cu st o d i a l Se r v i c e s Li m i t e d < 4 A / C>33,5000.34%
Go r e Ho l d i n gs Li m i t e d25,0000.26%
Jo h n Fr a n i c h & Sa r a h Fr a n i c h < Fr a n i c h Fa m i l y A/ C>25,0000.26%
Nor ah Kat hleen Bar low & Robert Noel Barlow <Kensingt on A/ C>24,4900.25%
Dean Nei l Edger t on & Ni col e Tonni l e Edger t on & Wi l l i am Desmond Edger t on
<Edger t on Fami l y A/ C>
24,0000.25%
Ke v i n W e st o n <W est o n Fam i l y A/ C>23,4000.24%
Ar t hur Smet hur st & Br enda Smet hurst & Lei gh Smet hur st <Excali bur A/ C>23,0000.24%
Br i an Kei t h M oss & Sal l y El i zab et h Du n bi er22,6670.23%
Br et t Hi i r i n i Sh ep h er d
20,0000.21%
Sp r e a d o f s h a r e h o l d e r s
Th e f o l l o w i n g t ab l e i s t h e sp r ead o f l i st ed sh ar eh ol d er s as at 31 M ar ch 2021
Sh a r e h o l d e r s i z eNumber of Hol der sTo t al Shar es Hel d% of issued capital
1-1000 68 30,9990.3%
1001-5000 36 119,5011.2%
5001-10000 21 175,7381.8%
10001-50000 25 496,1045.1%
50001-100000 2 161,5061.7%
Gr e at e r t h an 1 0 0 00 0 7 8,766,15289.9%
159 9,750,000100.0%

Th i r d Age Heal t h Ser vi ces Li m i t ed
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Su b s t a n t i a l Se c u r i t y H o l d e r s
Th e f o l l o w i n g i n f o r m at i o n i s gi ven p u r su an t t o sect i o n 293 o f t h e Fi n anci al M ar ket s Co n d u ct Act 2013.
As at 31 M ar ch 2021, det ai l s of t he Subst ant i al Secur i t y Hol der s i n t he company and t hei r r el evant i nt er est s i n
the company’s shares are as follows:
Investor nameSh a r e s h e l d
% of issued listed
capi t al
Be van Jo h n Wal sh4,332,73144.44%
Michael Haskell & Associates Limited3,372,71134.59%
Len o r e Dei r d r e Bau er1,671,00317.14%
Di r ect hol di ng156,500
An i nf or mal agr eement r el at i ng t o t he benef i ci al owner shi p of 1,514,503 of
the 4,332,731 Shares held by Bevan John Walsh, the exercise of voting
rights attaching to those Shares, and any acquisition or disposal of those
Sh a r e s
1,514,503
Th e t o t al n um b er of vo t i n g secur i t i es o f t he Com p an y at 31 M ar ch 2021 w as 10 m i l l i o n or d i n ar y sh ar es o f
which 9,750,000 are listed on the NZX and 250,000 are held as treasury shares registered to Bevan John Walsh
& M B Haskell <Third Age Health (ESOP Holding) A/ C> for The Employee Share Trust. The Employee Share Trust
gr ant s opt i ons t o acquir e or di nar y shares t o Thi r d Age Heal t h empl oyees and t hei r associ at ed ent i t i es.
Di r ect or s’ r emuner at i on and ot her ben ef i t s
Th e n am es o f t h e d i r ect o r s o f t h e Com p an y w h o h el d of f i ce an d t h e d et ai l s o f t h ei r r em u n er at i o n an d val u e o f
ot her benefit s received for services t o Third Age Healt h Services Limit ed for t he year ended 31 March 2021
were:
Di r ect or s' f ees
shar e based
payments Services contract
1
$$$
Be van Jo h n Wal sh - 12,000 -
Davi d Wi l l i am Ker r (r esi gned 29 Oct ober 2020) - 12,000 -
Jo h n Sa m u e l Ro n n y Fe r n an d e s 17,750 - -
Michael Bruce Haskell (resigned 23 May 2021) - 100,000 383,292
Nor ah Kat hleen Bar low 5,750 12,000 -
23,500 136,000 383,292
Not e 1. M ichael Haskell’ s ser vices as CEO ar e pr ovided by his company M ichael Haskell & Associat es LLC under
cont r act bet ween t he l at t er and Thi r d Age Heal t h Ser vi ces Li mi t ed. M r Haskel l does not r ecei ve di r ect or s’ f ees.

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Interests register
Di r ect or s have gi ven not i ces di scl osi ng i nt er est s pur suant t o sect i on 140(1) of t he Compani es Act 1993.
Ch a n g e s t o i n t e r e st s n o t i f i e d a n d r e c o r d e d i n TA H’ s I n t e r e st s Re g i st e r d u r i n g t h e f i n a n c i a l y e a r e n d e d 3 1
March 2021 are set out below:
Di r ect or Nat ur e of disclosur e
Davi d Wi l l i am Ker r (r esi gned 29
Oct o b er 2020)
1 David Kerr holds a posit ion as Chair of a client of Third Age Healt h Services
(TAH).
2 David Kerr elected t o be paid for direct ors fees in TAH shares.
3 Indemnified t o t he ext ent allowed by t he Companies Act 1993 and t he
company const i t ut i on.
Nor ah Barlow1 Norah Barlow holds a posit ion as CEO of a client of TAH.
2 Norah Barlow elected t o be paid for direct ors fees in TAH shares.
3 Indemnified t o t he ext ent allowed by t he Companies Act 1993 and t he
company const i t ut i on.
4 24,490 (0.25%) shares held by Norah Kat hleen Barlow and Robert Noel Barlow
in their capacities as trustees of a family trust associated with Norah Barlow
Be van Jo h n Wal sh1 Proposed repayment of $0.57 million of loans t o Bevan John Walsh.
2 Bevan Walsh is a shareholder of bot h TAH and Third Age Digit al Healt h
(TADH). Bevan Walsh is also a direct or of bot h companies. TAH is owned
money from TADH.
Det ai l s of t he l oan ar e pr ovi ded i n not e 15 of t he Consol i dat ed Fi nanci al
St a t e m e n t s .
3 Indemnified t o t he ext ent allowed by t he Companies Act 1993 and t he
company const i t ut i on.
Michael Bruce Haskell (resigned
23 May 2021)
1 Michael Haskell (CEO) provides services t o TAHS under a commercially
negotiated contractor arrangement.
2 Michael Haskell is a shareholder of bot h TAH and Third Age Digit al Healt h
(TADH). TAH is owned money from TADH.
Det ai l s of t he l oan ar e pr ovi ded i n not e 15 of t he Consol i dat ed Fi nanci al
St a t e m e n t s
3 Indemnified t o t he ext ent allowed by t he Companies Act 1993 and t he
company const i t ut i on.
Jo h n Sa m u e l Ro n n y Fe r n an d e s1Indemnified to t he extent allowed by t he Companies Act 1993 and the
company const i t ut i on.
29,662 Shares (0.10%) held as regist ered and beneficial owner
3 81,506 Shares (0.84%) held by JSRF Limit ed, in which John Fernandes has a
relevant interest as sole director and shareholder
4 JSRF Limit ed (a company owned 100% by John Fernandes) holds an opt ion t o
purchase a furt her 100,000 Shares (1.03%) held by anot her shareholder (who
is not a director or senior manager) at $2.15 per Share. That option can be
exercised in part or i n f ull at any t ime unt il 30 June 2024.

Th i r d Age Heal t h Ser vi ces Li m i t ed
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Indemnity and insurance
Th e Co m p any en t er ed an i n d em n i t y i n f avou r o f i t s d i r ect or s u n d er deed s d at ed 16 Au gu st 2019. Th e Co mp an y
has insured all it s direct ors against liabilit ies and cost s in accordance wit h sect ion 162(5) of t he Companies Act
1993.
Em p l o y e e s ’ r e m u n e r a t i o n
Dur i ng t he year , t her e w er e no empl oyees (not bei ng di r ect or s) of t he Company, who r ecei ved r emuner at i on
and t he val ue of ot her benef i t s exceeding NZ$100,000
Amount payabl e t o audi t ors
Th e am ou n t p ayab l e t o o u r au d i t o r i s set o u t i n n o t e 8 o f t he Co n so l i d at ed Fi n anci al St at em en t s.
Donat i ons
Th e Co m p any m ad e n o d o n at i on s d ur i ng t he year en d ed 31 M ar ch 2021.

Th i r d Age Heal t h Ser vi ces Li m i t ed
Co r p o r a t e d i r e c t o r y
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Re gi st e r e d o f f i ce
536 Kennedy Road
Gr ee n m e ad o w s Nap i e r
New Zeal and Company number
3189884
Di r ect or s
Bevan Jo h n Wal sh ( I n d ep en d en t Ch ai r m an )
Jo h n Sa m u e l Ro n n y Fe r n a n d e s ( I n d e p e n d e n t )
Nor ah Kat hleen Barlow (Independent )
Wayne Williams (Independent ), appoint ed 10 June 2021
Audi t ors
Er n st & Yo u n g
EY Bu i l d i n g , 2 Ta k u t a i Sq u ar e
Br i t om ar t
Auckl and 1010
New Zealand
Re gi st r y
Li n k M ar k et Ser vi ces Secur i t i es Regi st r ar
Lev el 1 1, Del oi t t e Cen t r e
80 Queen St reet Auckland 1010
www.linkmarketservices.co.nz
Ph o n e : ( 0 9 ) 3 7 5 5 9 98
Em ai l : e n q u i r i e s@l i n k m a r k e t se r v i c e s. c o . n z
Lega l ad v i so r s
Ant hony Har per
Lev el 6, 6 6 Wy n d h am St r eet
PO Bo x 2 6 4 6
Auckl and 1010
www.anthonyharper.co.nz

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