Television New Zealand

Television New Zealand Annual results announcement – 27 August 2015 Reporting Period Year ended 30 June 2015 Previous Reporting Period Year ended 30 June 2014 Amount (000’s) Year ended Year ended % change 30 June 2015 30 June 2014 Revenue from ordinary $349,992 $360,585 2.9% decrease activities Profit before income tax $36,316 $34,982 3.8% increase Profit for the period $28,115 $18,111 55% increase Final Dividend $8,272 $0 Comments: TVNZ posts $28.1 million profit TVNZ reported a net profit after tax of $28.1 million for the year ending June 2015, up $10 million on the prior year. TVNZ CEO Kevin Kenrick says the year’s financial results are particularly encouraging given the tectonic shifts currently occurring in the media industry. “It’s been a good year for TVNZ - we’ve grown share of the TV market, upgraded and re-launched online services, TVNZ OnDemand and One News Now, and strengthened year-on-year financial performance.” TVNZ grew its share of prime time TV audiences off the back of very strong performances from news and current affairs programmes. ONE News, Seven Sharp, Sunday, and Fair Go all achieved strong year-on-year growth, and by year end the leadership gap between ONE News and its nearest competitor, was the greatest it has been in 10 years. Ninety seven million online video streams were delivered during the year with TVNZ OnDemand streams up 27% and ONE News Now up 44%. Customer registration was introduced at the time TVNZ OnDemand was re-launched and 650,000 registered users had signed up by year end. Total revenue declined 2.9% year-on-year to $350.0 million, with total advertising revenue down 1.9%. Kenrick says TVNZ strengthened its share of TV advertising revenue however share growth in TV and 19% year-on-year growth in online revenues were insufficient to fully offset overall softer market demand for TV advertising. Total expenditure declined 3.7% to $313.7m with year-on-year cost savings achieved across all major cost lines including programming, labour, marketing, depreciation and transmission/technology/telecommunications. TVNZ’s operating earnings increased by 3.8% and, after excluding gains on sale of property, plant and equipment, underlying earnings increased year-on-year by 13%. Kenrick says overall financial performance for the year was characterised by softer demand for TV advertising, encouraging growth in online advertising, and continued focus on tighter cost management. “While TVNZ is performing well relative to domestic media competitors, the competition for viewer eyeballs and advertising dollars is increasingly being driven by global scale players. “Key areas of focus for the year ahead include continuing to grow share of TV versus local competitors, driving online growth versus global competitors, building capability to future-proof the business, and identifying options to sustain the business beyond today.” The Board has declared an operating dividend of $8.3 million from the FY2015 operating result. Financial Highlights Summary – Year ended FY2015 FY2014 $'000 $'000 Revenue and income 360,585 360,585 Television revenue 313,523 319,732 Operating expenses (313,676) (325,603) Operating earnings 36,316 34,982 Interest expense (92) (249) Asset impairment and remediation reversal (486) (3,188) Financial Instruments 912 (167) Share of results of associate / impairment 0 (6,342) Income Tax (8,535) (6,925) Net Profit after tax 28,115 18,111 For further information please contact: Lenska Papich [email protected] 021 410 496 .

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Listen up 2019 Programme
Listen Up 2019 Programme Listen Up 2019 ALIGN YOUR DISABLILTY ANDSkyCity INCLUSION Convention Centre,STRATEGY Wednesday FOR 2nd 2020 October NATIONAL FOUNDATION FOR Df & Hrd of Hrng nfd.org.nz PROGRAMME FOR LISTEN UP 2019 8.30am - 9.00am Registrations and coffee. 9.00am - 9.15am Welcome. Hilary Barry - MC. 9.15am - 9.30am Risk of non-occupational Noise Induced Hearing Loss in New Zealand adolescents: Lessons from a pilot auditory screening programme in high schools. Natasha Gallardo - Chief Executive - National Foundation for Deaf & Hard of Hearing. 9.30am - 9.50am My hearing loss journey. Lily McManus - Youth Ambassador for National Foundation for Deaf & Hard of Hearing. 9.50am - 10.10am Embracing Deaf culture and raising awareness in disabilities at Auckland Art Gallery Toi o Tamaki. Madeleine Uaine - Auckland Art Gallery. 10.10am - 10.40am Youth Panel Q & A Session - facilitated by Hilary Barry. Introducing: Tahlia Coward, Bailey Given, Madeleine Uaine, Megan Bowker, Lily McManus, Brooklyn Davies. 10.40am - 11.00am Morning Tea & Free On-site Hearing Screenings provided by Triton Hearing. 11.00am - 11.20am Align your disability & inclusion strategy to be more aware of employees with hearing loss. Natasha Gallardo - Chief Executive - National Foundation for Deaf & Hard of Hearing. 11.20am - 11.50am Listening to and hearing for, those who can’t – Treescape®’s journey on hearing loss awareness. Hearing Accredited Employer - James Fletcher - CEO - Treescape®. 11.50am - 12.20pm How innovation is reshaping hearing care. Craig Lett - Head of Innovation - Triton Hearing. 12.20pm - 1.10pm Lunch & Free On-site Hearing Screenings provided by Triton Hearing. 1.10pm - 2.10pm Born with holes in both ear drums - the impact of hearing loss on my mental health.
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JMAD New Zealand Media Ownership Report 2013
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Page 1 TVNZ Annual Report FY2014 Page 2 TVNZ Annual Report FY2014
Page 1 TVNZ Annual Report FY2014 Page 2 TVNZ Annual Report FY2014 Engaging the hearts and minds of New Zealanders with the most watched content Page 3 TVNZ Annual Report FY2014 Contents Highlights 4 Chairman's Introduction 5 Chief Executive’s Overview 6 Financial Performance 12 TVNZ in Society 16 Performance and Engagement Measures 19 Financial Statements 26 Corporate Governance 68 Directors' Profiles 70 Main Locations 71 Cover: Seven Sharp’s Toni Street and Mike Hosking Opposite: New Zealand’s Got Talent This page: Shortland Street Back cover: The Big Bang Theory (top left), My Kitchen Rules (top right), Broadchurch (bottom) Page 4 TVNZ Annual Report FY2014 Highlights INCREASE IN 30% ONLINE ADVERTISING $360.6m REVENUE 25% DECREASE IN OPERATING 3% EXPENSES PROFIT INCREASE TOTAL REVENUE INCREASE IN 78% TVNZ ONDEMAND No. 1 NZ's STREAMS Top 20 INCREASE IN ONENEWS.CO.NZ 63% VIDEO STREAMS NEW ZEALAND SHOWS AIRED ON NETWORK TVNZ CHANNELS Page 5 TVNZ Annual Report FY2014 Chairman's Introduction This financial year TVNZ achieved the earnings result forecast in our Statement of Intent and comfortably exceeded the target for shareholders’ Return on Equity. Net Profit after Tax was $18.1m, an increase of $3.7m or 25% on the previous year, representing solid growth during a period of transition. With a Return on Equity of 10.8% – against a target of 10.1% - it is pleasing to note consistent growth over the past four years in these two elements of our financial performance. Our balance sheet reflects a number of significant changes this year, of which the most public is the divestment of land and surplus buildings at our Auckland site.
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