Audit Report To the readers of and Group’s financial statements for the year ended 31 December 2007

The Auditor-General is the auditor of the misstatements that were not corrected, we Independence University of Canterbury (the University) and would have referred to them in our opinion. When carrying out the audit we followed the group. The Auditor-General has appointed The audit involved performing procedures independence requirements of the Auditor- me, Julian Tan, using the staff and resources to test the information presented in the General, which incorporate the independence of Audit to carry out the audit financial statements and statement of service requirements of the Institute of Chartered of the financial statements and statement performance. We assessed the results of those Accountants of New Zealand. of service performance of the University and procedures in forming our opinion. In addition to the annual audit of the group, on his behalf, for the year ended 31 Audit procedures generally include: University and its subsidiaries, we perform December 2007. • determining whether significant financial an annual audit of the Vice-Chancellor’s and management controls are working and declaration on the performance-based Unqualified opinion can be relied on to produce complete and research fund external research income In our opinion: accurate data; and other audit-related assignments. These • the financial statements of the University assignments are compatible with those • verifying samples of transactions and independence requirements. and group on pages 49 to 79: account balances; – comply with generally accepted Other than the audit and these assignments, • performing analyses to identify anomalies in we have no relationship with or interests in accounting practice in New Zealand; the reported data; and the University or any of its subsidiaries. • reviewing significant estimates and – fairly reflect: judgements made by the Council; • the university and group’s financial • confirming year-end balances; position as at 31 December 2007; and • determining whether accounting policies are appropriate and consistently Julian Tan • the results of operations and applied; and Audit New Zealand cash flows for the year ended on On behalf of the Auditor-General that date. • determining whether all financial statement , New Zealand disclosures are adequate. • the performance information of the University and group on pages 13 to 47 We did not examine every transaction, nor fairly reflects its service performance do we guarantee complete accuracy of the achievements measured against the financial statements and statement of service performance targets adopted for the year performance. ended on that date. We evaluated the overall adequacy of the The audit was completed on 26 March 2008, presentation of information in the financial statements and statement of service Matters relating to the electronic presentation and is the date at which our opinion is of the audited financial statements and expressed. performance. We obtained all the information statement of service performance and explanations we required to support our The basis of our opinion is explained below. This audit report relates to the financial statements opinion above. and statement of service performance of the University In addition, we outline the responsibilities of of Canterbury and Group for the year ended 31 December the Council and the Auditor, and explain our Responsibilities of the council and the auditor 2007 included on the University of Canterbury’s web site. independence. The Council is responsible for preparing The University of Canterbury’s Council is responsible for the maintenance and integrity of the web site. We financial statements in accordance with have not been engaged to report on the integrity of the Basis of opinion generally accepted accounting practice in New web site. Zealand. Those financial statements must fairly We carried out the audit in accordance with We accept no responsibility for any changes that may reflect the financial position of the University have occurred to the financial statements and statement the Auditor-General’s Auditing Standards, and group as at 31 December 2007. They must of service performance since they were initially presented which incorporate the New Zealand Auditing on the web site. also fairly reflect the results of operations and Standards. The audit report refers only to the financial statements cash flows for the year ended on that date. and statement of service performance named above. We planned and performed the audit to The Council is also responsible for preparing It does not provide an opinion on any other information obtain all the information and explanations performance information that fairly reflects which may have been hyperlinked to/from these financial we considered necessary in order to statements and statement of service performance. the service performance achievements for the If readers of this report are concerned with the inherent obtain reasonable assurance that the year ended 31 December 2007. The Council’s risks arising from electronic data communication they financial statements and statement of responsibilities arise from the Education Act should refer to the published hard copy of the audited service performance did not have material 1989 and the Crown Entities Act 2004. financial statements, statement of service performance misstatements whether caused by fraud and related audit report dated 28 March 2007 to confirm We are responsible for expressing an the information included in the audited financial or error. independent opinion on the financial statements and statement of service performance Material misstatements are differences or statements and statement of service presented on this web site. omissions of amounts and disclosures that performance and reporting that opinion to you. Legislation in New Zealand governing the preparation and dissemination of financial statements and would affect a reader’s overall understanding This responsibility arises from section 15 of the statements of service performance may differ from of the financial statements and statement of Public Audit Act 2001 and the Crown Entities legislation in other jurisdictions. service performance. If we had found material Act 2004.

2 University of Canterbury 2007 at a Glance

2004 2005 2006 2007 1

Students enrolled (Headcount) 2 13 430 13 555 13 908 17 966 Equivalent Full-time Students (EFTS) 3 12 731 12 654 12 090 14 646 Full-time Equivalent Academic Staff (FTE) 656 680 681 778 Staff : student ratio 1 : 19.4 1 : 18.6 1 : 17.8 1 : 18.8

EFTStudents Undergraduate – sub-degree 558 495 376 642 Undergraduate – degree 10 272 10 304 10 083 12 215 Total undergraduate 10 830 10 799 10 459 12 857 Postgraduate – taught 917 868 863 955 Postgraduate – research 984 987 768 834 Total postgraduate 1 901 1 855 1 630 1 789 Total returned to Ministry of Education 12 731 12 654 12 090 14 646 Plus contract teaching and unfunded PhDs +219 +222 +239 +82 Total Taught EFTS 12 950 12 876 12 329 14 728

International students enrolled in degree courses (EFTStudent) 1 947 2 006 1 660 1 667

PBRF funding received $1.9m $4.7m $13.6m $22.0m Completed PhD theses 91 64 83 99 Completed Masters theses 187 188 166 207

Operating (All amounts net of GST) 4 In $ 000 In $ 000 In $ 000 In $ 000 Government grant $81 482 $82 716 $79 744 $105 730 Tuition fees $68 346 $71 017 $69 300 $76 001 Research funding 5 $10 462 $19 153 $31 305 $42 315 Cost per EFTStudent $13.9 $14.9 $16.4 $16.7 Capital expenditure (as per cashflow) $19 550 $17 998 $19 334 $30 071

Financial position Fixed assets $420 950 $553 601 $554 779 $700 978 Net current assets (liabilities) ($3 567) $6 072 $18 565 $25 742

1 2007 increases reflect the impact of the merger of the Christchurch College of Education with the University from 1 January, 2007. 2 Excludes UC Opportunity students. 3 EFTStudents Returned to the Ministry of Education. 4 In the “Operating” and “Financial position” sub-sections of this table 2004 and 2005 figures are not comparable with 2006 and 2007 since figures for these latter two years have been prepared in accordance with NZ IFRS (New Zealand International Financial Reporting Standards). 5 All figures include PBRF funding received.

Annual Report 07 3 “It is with satisfaction that I present the 2007 annual report, and commend it to you as a record of a demanding year in which the University performed admirably and moved ahead in terms of size, quality and reputation.”

44 UniversityUniversity ofof CanterburyCanterbury Chancellor’s Welcome

Welcome to the 2007 Annual Report of the phases of the construction project will see Wellington and in October Superintendent University of Canterbury. the progressive refurbishment of the Plant Sandra Manderson left after four years on 2007 was a momentous year as the University and Microbial Sciences building, the Zoology Council to take up a police liaison role in grew in size some 20% following the merger building and the Geological Sciences building. Washington. At the end of the year Ms Bundy with the Christchurch College of Education, A major development during the year was finished her term on Council, and Professor Hempenstall retired from the University and and embarked on a capital development the purchase of the Blue Gene IBM Super the Council. programme after five years of relative Computer, the largest research computer in austerity. Australasia. Council debated this purchase at In December Mr John Simpson stood down as Pro-Chancellor after five years service in The merger brought to fruition a process length and opted to pursue the opportunity the role, to be succeeded in 2008 by Mr Rex initiated in 2005 and as a result, in 2007: after detailed consideration of the financial projections, and of its strategic value in Williams. • The student roll rose 29% to 17,966 conjunction with the NZi3 development and One further consequence of the merger was • The number of equivalent full-time the University’s strengths in information significant growth in the number of graduates students rose 21.1% to 14,646 technology, computer science and software from the University requiring nine graduation • The number of full-time equivalent staff engineering. ceremonies, a substantial increase on the five rose 20.2% to 2,242 Financially the University continued its sound held in 2006. They included for the first time • Revenue increased by 24.1% to $257 million results of recent years with a surplus of $11.9 a graduation ceremony in Rotorua for the million, 4.7% of income. There were two distance education students from the College Inevitably there were teething problems unusual non-cash items which contributed of Education. but they were minor, and the goodwill built a further $2 million to the surplus. The 4.7% up over 130 years of collaboration and the Two honorary doctorates were presented return on income is within the Tertiary commitment of both partners ensured a during the year, both Doctor of Commerce Advisory Monitoring Unit range of 3-5% and successful implementation. degrees. Mr Kerry McDonald, an economics together with the University’s depreciation graduate of the 1960s is one of New Zealand’s A capital development programme was provided for some $34 million of capital leading businessmen, now a professional commenced as well, after five quiet years expenditure. director following a distinguished career as while the University brought its finances into The successful financial result was achieved CEO of Comalco New Zealand. The second order. Funding for the construction came from thanks to effective interaction between the honorary award was to businessman and a variety of sources. governance group led by Pro-Chancellor Mr economics academic, Professor David Construction started late in the year on NZi3, John Simpson, who chaired both the Finance, Teece, a Professor of Economics at the the New Zealand ICT Institute, Planning and Resources and Audit and Risk University of California Berkeley and which attracted $9.6 million in capital funding Committees, and University Financial Services Managing Director of the highly successful from Government to match the $9.6 million staff, who provided detailed monthly reports consulting company LECG. raised by the University through four partners, and variance explanations that ensured 2007 saw great progress made by the IBM, Microsoft, Jade Software Corporation and Council was fully informed financially. University of Canterbury in the delivery of Tait Electronics. Membership of the Council changed high quality teaching and research to the Work started on new administrative significantly during the year with six new benefit of our many stakeholders. The results accommodation for the UC College of members joining: Ms Belinda Bundy joined are a reflection of the outstanding leadership Education office, funded by merger funding as the University of Canterbury Students of Vice-Chancellor Professor Roy Sharp, well provided by Government. At the end of the Association President along with fellow supported by his Senior Management Team year a new Health Centre was built on the student Mr David Steven; Mr Jim Tully, and the University’s excellent academic and south bank of the Avon River, at the eastern Head of the School of Political Science and general staff. end of the Students’ Association car park. Communication, was elected by the academic It is with satisfaction that I present the 2007 The new facility is the largest health clinic in staff at large and Professor Steve Weaver, annual report, covering the University’s 135th Christchurch and a fine resource for staff and the Head of Geological Sciences, was elected year, and commend it to you as a record of student health. by his colleagues on the Academic Board; a demanding year in which the University Construction started late in the year on Ms Anna Crighton was elected at the start performed admirably and moved ahead in conversion of existing premises on the of the year by the Court of Convocation, the terms of size, quality and reputation. Dovedale site into a Data Centre to house alumni electoral college; Mr Syd Bradley was all of the University’s servers and the super co-opted to the Council in August because of computing facility. his business skills; and Ms Ferne Bradley was The biggest project in more than a decade was appointed by the Minister of Education after consultation with the University. approved late in the year by the University Dr Robin Mann Council and tenders were accepted in There were two departures during the year; Chancellor December. The first stage of the project is a Mr Russell Caldwell, a member appointed March 2008 $29 million six storey research building for the following consultation with Ngäi Tahu School of Biological Sciences. The subsequent resigned in June, following a move to

Annual Report 07 5 “…this document… reflects an institution which, in 2007, achieved many milestones and set out to pursue new ones.”

6 University of Canterbury Vice-Chancellor’s Report

As any researcher or teacher will tell you, Our position as one of the country’s best I would like to acknowledge the support of the more you achieve the more, it seems, research universities was confirmed in 2007 the MacDiarmid Institute for Advanced there is to be done. It is, however, always with the Performance-Based Research Fund Materials and Nanotechnology, Victoria useful for individuals and organisations to (PBRF) quality evaluation. Since the last University of Wellington and AUT University, stop and take stock of their achievements evaluation in 2003, the number of A-graded which are foundation partners in the and the benefits they bring. This is precisely researchers at the University increased by BlueFernTM project. The presence of this what this document allows us to do. I believe more than 25 percent. The University was internationally-recognised supercomputer in it reflects an institution which, in 2007, ranked number one in the country in Foreign New Zealand represents a major advancement achieved many milestones and set out to Languages and Linguistics, Engineering in New Zealand’s research capability. pursue new ones. and Technology and Other Health Studies Great institutions are not built solely on This was done against a background of (including Rehabilitation Therapies). It was technology and buildings. Our people are significant change within the tertiary ranked number two nationally in Philosophy; a very significant element. In 2007 the education sector. The vice-chancellors of Molecular, Cellular and Whole Organism University’s range of expertise broadened with New Zealand’s eight universities are in broad Biology; and Earth Sciences. It was also the merger of the University and the former agreement with the direction of the 2007 second equal in Chemistry. Since the 2003 Christchurch College of Education. evaluation, the differences in scores between reforms designed to reinforce the distinctive Our teaching talent was recognised nationally the University and the two other universities contributions made by universities. Whether for the second successive year at the annual in the top tier narrowed significantly. Further they will help remedy the funding issues Tertiary Teaching Excellence Awards. Ecology to that, the gap between the top tier and other facing the sector remains to be seen. staff member Associate Professor Angus institutions widened. By its nature an annual report tends to focus McIntosh (Biological Sciences) was one of on financial performance. If we were a purely It was particularly pleasing to see the 10 people across the country who received commercial organisation, the return to University’s high rankings in a number of an award. Administered by the New Zealand shareholders would be of particular interest. disciplines. It showed that not only is the Qualifications Authority, these awards While our relationships with business and University broad-ranging, it is an institution recognise exceptional teachers who show industry are stronger and more productive which makes a significant contribution to outstanding commitment to their subject. than ever, teaching and research are - and New Zealand society and beyond. We are I think Professor McIntosh’s success is a good always will be – the reasons why we exist. looking forward to enhancing our contribution reflection of the quality of our academic Therefore, it is our return to our stakeholders through developments such as the Biological and general staff. I thank them all for their that is most important. Sciences project. But that was not the contribution to the University during 2007. only investment made by the University in As can be seen in the Financial Statement, I would also like to acknowledge the support 2007 to the benefit of its many and varied the University recorded a consolidated of the University Council and, in particular, stakeholders. surplus of $13.98 million in 2007. This will Chancellor Dr Robin Mann. We can all be undoubtedly deliver tangible benefits to all In May the University Council approved proud of what we have achieved together. of our stakeholders. Good examples of these the acquisition of an IBM Blue Gene stakeholders are the staff and students in supercomputer. This allowed the University our School of Biological Sciences, and the to join the major league of international organisations and individuals that benefit supercomputing. from its world-class research and teaching. We are the only research institution in the The University reaffirmed its commitment Southern Hemisphere to have a Blue Gene to Biological Sciences in 2007 by agreeing to and in doing so we have joined United States Professor Roy Sharp a multi-million dollar upgrade of facilities universities like Harvard, Princeton and Vice-Chancellor which, currently, do not meet compliance Massachusetts Institute of Technology. Our March 2008 requirements. The decision that faced us was machine, which we have named BlueFernTM, to upgrade, or close the School of Biological currently shares the same international Sciences. The Senior Management Team was supercomputer ranking as the Blue Gene at delighted that its vision was shared by the Harvard. University Council which endorsed a multi- Use of the supercomputer is growing steadily million dollar building programme. and we have had excellent feedback from Surpluses allow us to make these kinds of users about the service levels provided financial commitments. It is, therefore, and the new opportunities they now have crucial that the University gets the most to tackle grand research challenges. It has from its limited resources if it is to maintain been excellent to see interest in BlueFernTM its placement in the top tier of New Zealand from researchers across a range of academic universities. disciplines.

Annual Report 07 7 University Mission and Vision

Mission Vision Whäia te matauranga Tangata tü tangata ora Above all, seek after learning People prepared to make a difference

The University of Canterbury comprises its Since its founding the University of staff, students, graduates and alumni. The Canterbury and its people have made a University of Canterbury Act 1961 describes difference locally and globally. Proud of that the purpose of the University as existing past, we now look to the future with fresh “for the advancement of knowledge and the vision that blends the best of Canterbury dissemination and maintenance thereof by tradition with the innovation necessary teaching and research.” This is carried through for success in a changing world. People are to the Education Act 1989 and informs the crucial to this process – people who are mission of the University. prepared to make a difference. Our purpose within the international We will make a difference by the diligence we community of scholars is to advance bring to our studies; the passion and rigour knowledge by research; to maintain and we bring to our teaching and research; the disseminate this knowledge through inclusiveness and transparency we bring to teaching, publications and critical debate; our decision-making; the pride we bring to to confirm outcomes through the awarding our administrative tasks; the dedication we and conferring of degrees, diplomas and bring to service; and the courtesy, collegiality certificates; to serve as a repository of and respect we bring to our interactions. knowledge and expertise; and to act as critic We will make a difference to our city, and conscience of society. region and nation by the quality of our Our purpose within the New Zealand tertiary graduates; the relevance and excellence of sector is to contribute to a tertiary education our research; the inspiration of our creative system that is characterised by excellence, arts; the positive impact of our collaboration relevance, academic freedom and improved with others; the strength of our bonds access for all; to work with others to enrich with community, business, industry, and intellectual discourse, educational quality government; and the leadership we show in and research activity; and to contribute to the Treaty, equity and environmental issues. intellectual, cultural, social and economic life We will make a difference internationally and well-being of our city, region and nation. by enhancing the Canterbury tradition of Our purpose as a university of Aotearoa world-class research and scholarship; working New Zealand, acknowledging the Treaty of with selected overseas institutions; providing Waitangi in all our activities, is to respond a welcoming destination for international and contribute to the educational, research students, and sending out well-equipped and development needs and aspirations of graduates who are prepared to make their Mäori, as tangata whenua. mark on the world stage.

8 University of Canterbury Council Membership 2007

The composition of the University Council in 2007 was: First Current Term Council Members Appointed Appointed Ending

Four Persons Appointed by the Minister Dr B Robin Mann 2001 2005 2008 Ms Ferne Bradley 2007 2007 2009 Ms Wendy Ritchie 2005 2005 2009 Mr John C Simpson 2001 2005 2009

Vice-Chancellor Professor Roy Sharp 2003 2003

Three Members of the Academic Staff Mr Jim Tully 2007 2007 2010 Professor Peter J A Hempenstall 2005 2005 2008 Professor Steve Weaver 2007 2007 2010

One Member of the General Staff Mr Michael R Shurety 2003 2003 2010

Two Students Ms Belinda Bundy 2007 2007 2007 Mr David Stevens 2007 2007 2007

One Member Appointed in Consultation with the Employers’ Federation Dr Paddy Austin 2003 2003 2010

One Member Appointed in Consultation with the Combined Trade Unions Ms Chris Wilson 2003 2003 2010

One Member Appointed Following Consultation with Ngäi Tahu Appointment Pending

Two Members Appointed by the Council His Hon. Judge Colin Doherty 2005 2005 2008 Mr Syd Bradley 2007 2007 2011

Four Graduates Elected by the Court of Convocation Ms Anna Crighton 2007 2007 2010 Superintendent Sandra J Manderson 2003 2007 2010 Mr Trevor J McIntyre 2005 2005 2008 Mr Rex Williams 2006 2006 2009

Annual Report 07 9 Achievements and Awards 2007

The Merger becomes official BlueFernTM Supercomputer Biomolecular Interaction Centre On 1 January, 2007 the Christchurch College The Deputy Prime Minister Dr Michael A new biomolecular research centre was of Education (CCE) officially merged with Cullen was the official guest at the launch established at the University in September. the University. The merger was formally of the University’s new IBM Blue Gene The Biomolecular Interaction Centre (BIC) is acknowledged at a Powhiri in early February supercomputer in August (“Blue FernTM”). a collaborative project spearheaded by staff attended by more than 420 staff and invited The University is the first research institution from Biological Sciences, Chemistry and guests. Training the country’s teachers, which in the southern hemisphere to have a Blue Chemical and Process Engineering working was the function of CCE since 1877, is now Gene supercomputer. Other universities in partnership with researchers from Lincoln carried out within the University’s new College which already have Blue Genes include and Otago universities, Crop and Food, and of Education. Heading the College is Pro-Vice- Harvard University, Princeton University Environmental Science and Research (ESR). Chancellor (Education) Professor Gail Gillon and Massachusetts Institute of Technology The centre uses state of-the-art equipment (Ngäi Tahu) who took up her appointment on (MIT). The MacDiarmid Institute for supplied by Bio-Rad Laboratories, some of 5 September. Advanced Materials and Nanotechnology, which has never been used before in the Victoria University of Wellington and AUT southern hemisphere. The centre’s work will New Zealand Centre for Human-Animal Studies University are foundation partners in the focus on drug discovery, biotechnology and New Zealand’s first research centre dedicated BlueFernTM project. the development of new bio-nanomaterials. to the study of human-animal relationships opened at the University in March. The New New Zealand Climate Change Centre Research excellence Zealand Centre for Human-Animal Studies In October, the University was named as In April, results of the 2006 partial round of (NZCHAS) brings together scholars from a founding partner of the New Zealand the Performance-Based Research Fund (PBRF) the humanities and social sciences whose Climate Change Centre. Researchers from were announced. These showed that the research focuses on the conceptual and the University and Victoria University of University’s average quality score had risen material treatment of non-human animals Wellington will work with researchers from from 3.83 in 2003 to 4.10 in 2006. On this in culture, society and history. As one of the AgResearch, Crop and Food Research, ESR, basis, the University ranked third nationally first centres of its kind in the world, NZCHAS GNS Science, HortResearch, Industrial with the top three universities scoring within is already attracting positive attention from Research, Manaaki Whenua Landcare the narrow range of 4.10 to 4.22. Nationally international scholars. It has established Research, NIWA and Scion. The NZ Climate the University ranked first in Engineering affiliations with overseas institutions Change Centre will be a virtual centre with and Technology, Other Health Studies including the Jane Goodall Institute (USA), some support staff, but most of the work will (including Rehabilitation Therapies) and Oxford Centre for Human Ethics (UK), the be carried out at the core organisations. The Foreign Languages and Linguistics; and ranked British Animal Studies Network, and the centre is expected to enhance collaboration second in Philosophy, Molecular, Cellular and Society and Animals Forum (USA). between researchers and liaison with Whole Organism Biology and Earth Sciences. government departments, local authorities, It also ranked second equal in Chemistry. Distinguished Canterbury Fellow producer groups, and industry. The number of A-graded researchers at the Nobel laureate Professor Robert Grubbs was University increased by more than 25 per cent made a Distinguished Canterbury Fellow. School of Law reunion in the 2006 round. The title is reserved for very distinguished The School of Law celebrated the 130th visitors who show evidence of outstanding anniversary of the Bachelor of Laws with a Honorary degrees international recognition and achievement. Labour Weekend reunion. Some 85 guests Two University of Canterbury alumni, Kerry Professor Grubb is the Victor and Elizabeth attended the festivities, including a significant McDonald and Professor David Teece, received Atkins Professor of Chemistry at the California number of past and present members of honorary Doctor of Commerce (honoris Institute of Technology and is recognised the judiciary and two cabinet ministers. The causa) degrees from the University at the as one of the world’s pre-eminent research earliest graduate present, Mr Norman Reed, April and December graduations respectively. chemists with more than 400 publications to who graduated LLB in 1947 had the honour of Mr McDonald has been active in business in his name. He was a visiting Erskine Fellow at cutting the anniversary cake. Cabinet Minister New Zealand and Australia for many years. the University in 2005 when he received word Lianne Dalziel, who graduated LLB in 1984, He graduated from Canterbury University of his Nobel Prize in Chemistry. He becomes gave the opening address. with a BCom in 1964 and a MCom (Hons) in only the second Distinguished Canterbury 1967. Professor Teece received his degree in Fellow, joining fellow Nobel laureate Art School 125 recognition of his long and distinguished Professor Clive Granger, who was also visiting In November, the Christchurch Art Gallery career as an economist and business leader. Canterbury when it was announced that he Te Puna o Waiwhetu launched Art School After graduating from Canterbury with a was the joint winner of the 2003 Nobel Prize 125, a celebration of 125 years of artistic BA in 1970 and a MCom in 1971, Professor in Economics. achievement by the University’s School of Teece gained a PhD in economics from the Fine Arts. The exhibition featured the work of University of Pennsylvania and became a notable alumni such as Margaret Stoddart, professor at the University of California, Leo Bensemann, Bill Sutton, Bill Culbert, Boyd Berkeley. He has been named one of the Webb, Shane Cotton, Ronnie van Hout and World’s Top 50 Living Business intellectuals. Francis Upritchard.

10 University of Canterbury Physicist receives rare award Associate Professor Roger Reeves (Physics and Astronomy) was awarded the T.K. Sidey Medal in recognition of his superb contribution to research associated with electromagnetic radiation. In a world first, Professor Reeves discovered ways to use two new semiconductors - indium nitride and zinc-oxide - that could revolutionise the way we use and convert energy. Awarded just 15 times in the last 74 years, the first person to receive the T.K. Sidey award was Canterbury alumnus Sir Ernest Rutherford in 1933.

Marsden Fund success University of Canterbury researchers were awarded more than $4 million in funding in this year’s Marsden Fund round. The awards, which are government funded, are administered by the Royal Society of New Zealand. Illustrating the broad range of Associate Professor Roger Reeves Associate Professor Angus McIntosh research undertaken at the University, the 11 successful research projects were in the areas of biological sciences, gender studies, geological sciences, computer science and University Teaching Awards Champion Canterbury Awards software engineering, physics and astronomy, Teaching excellence at the University of Canterprise, the University’s history, speech and language, civil engineering Canterbury was recognised with the annual commercialisation arm, repeated its success and chemistry. Teaching Awards for 2007. Seven awards of two years ago in the 2007 Champion were presented to staff at the December Canterbury Awards when it was presented University Research Medal graduation ceremonies in recognition of with the Service Small Enterprise category Professors Murray Munro and John Blunt their outstanding teaching achievements. prize and The Press Supreme Award for Small (Chemistry) were joint winners of the The recipients were: Nicki Dabner (Literacies Enterprise. It received the same accolades University of Canterbury Research Medal and Arts), Dr Wade Enright (Electrical and at the 2005 awards. The annual Champion for 2007. The medal is awarded annually for Computer Engineering), Dr Peter Field Canterbury Awards celebrate the excellence excellence in research and the presentations (History), Dr Deirdre Hart (Geography), Dr and enterprise of business in the Canterbury were made at the 21 December graduation Reiko Itoh (Languages and Cultures), Associate region. Among Canterprise’s most successful ceremony. According to international peers, Professor Jamie Shulmeister (Geological spin-out companies are WhisperTech, which the recipients are an inseparable team, Sciences), and Jim Tully (Political Science and manufactures combined heat and power whose names are synonymous with work Communication). generation units, and Syft Technologies, of the very highest standards of excellence. which is marketing technologies capable of One supporter of their nomination for the Geographer’s work recognised detecting volatile substances. award credited them with effectively creating Professor Eric Pawson (Geography) has and dominating the field of marine natural been recognised as one of New Zealand’s World University rankings products chemistry in New Zealand. leading geographers by being awarded the The University of Canterbury’s placing in the Distinguished New Zealand Geographer Award THES-QS World University Rankings improved Tertiary Teaching Excellence Award for 2007. The award was presented at the New significantly, from 333 in 2006 to 188 in Associate Professor Angus McIntosh Zealand Geographical Society’s AGM, held at 2007. The rankings, which are prepared by (Biological Sciences) was one of 10 tertiary the University in September, and recognises QS Quacquarelli Symonds Ltd for the Times teachers to receive a national Tertiary the outstanding contribution Professor Higher Education Supplement, are determined Teaching Excellence Award in 2007. The Pawson has made to the discipline and its by peer review, recruiter review, international awards, administered by the New Zealand professional society. faculty ratio, international student ratio, Qualifications Authority, recognise student faculty ratio and citations per faculty. exceptional teachers who show outstanding The University is one of three New Zealand commitment to their subject. universities in the Top 200 list for 2007.

Annual Report 07 11 Statement of Responsibility

In terms of Section 155 of the Crown Entities Act 2004 we hereby certify that:

• We have been responsible for the preparation of these financial statements and statement of service performance and for the judgements used therein; and

• We have been responsible for establishing and maintaining a system of internal control designed to provide reasonable assurance as to the integrity and reliability of financial reporting; and

• We are of the opinion that these financial statements and statement of service performance fairly reflect the financial position and operations of the University for the year ended 31 December, 2007.

Chancellor

Vice-Chancellor

Date: 28 March, 2007

12 University of Canterbury