G.47 Annual Report 2018/2019 Asia New Zealand Foundation Te Whītau Tūhono Annual Report 2018/2019 Asia New Zealand Foundation Te Whītau Tūhono www.asianz.org.nz Wellington Fujitsu Tower, Level 16, 141 The Terrace PO Box 10144, Wellington 6143 Phone: +64 4 471 2320 Email:
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[email protected] Published October 2019 Design | www.schickeda.nz Print | www.milneprint.co.nz Cover image | Hemispheres, Footnote New Zealand Dance and Guangdong Dance Company, photo by Eden Mulholland 2 Contents About the Asia New Zealand Foundation 05 Chairman and Executive Director reports 06 Te Whītau Tūhono 08 Celebrating 25 years of the Foundation 09 Programme highlights Arts 10 Business 11 Education 12 Sports 13 Entrepreneurship 14 Leadership Network 15 Media 16 Asia Media Centre 17 Track II 18 Research 19 Governance and accountability statement 20 Statement of responsibility 22 Independent auditor’s report 23 Statement of performance 26 Financial statements 29 Statement of comprehensive revenue and expense 29 Statement of changes in equity 29 Statement of financial position 30 Statement of cash flows 31 Notes to the financial statements 32 Foundation people and supporters 45 3 Annual Report 2018/2019 Presentation of 2018/2019 Annual Report To the Minister of Foreign Affairs On behalf of the Asia New Zealand Foundation board of trustees, and in accordance with the Crown Entities Act 2004 and the Public Finance Act 1989, I am pleased to present the annual report of the Foundation for the period ended 30 June 2019.