DOCSLIB.ORG

Annual Report 2018

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Annual Report 2018 ANNUAL REPORT 2018 SECTION 1. PAGE 1 SECTION 1 2 4 10 11 COMPANY OUR YEAR AT A CHAIRMAN PARTICULARS PLACE GLANCE AND CEO’S REPORT SECTION 2 2 15 16 17 STATEMENT TREND STATEMENT OF BALANCE OF SERVICE STATEMENT COMPREHENSIVE SHEET PERFORMANCE INCOME & STATEMENT OF CHANGES IN EQUITY 18 19 30 32 STATEMENT OF NOTES TO THE SHAREHOLDER AUDIT CASH FLOWS FINANCIAL INFORMATION REPORT STATEMENTS SECTION 1. PAGE 2 OUR COMPANY PARTICULARS DIRECTORS CHIEF EXECUTIVE REGISTERED OFFICE Terminal Building Stuart J McLauchlan R Roberts BCom, FCA(PP), AFInstD (Chairman) BEng (Hons) , MInstD Dunedin International Airport Private Bag 1922 DUNEDIN Tony Allison GENERAL MANAGER BCom, BA, CA, CMInstD COMMERCIAL Phone 03 486 2879 E-mail [email protected] Patricia (Trish) A Oakley C Cope Website www.dunedinairport.co.nz BCom, CMInstD BCom, Dip Grad, CA, MInstD Mark F Rogers BANKER A(Hons), CMInstD, MNZIM GENERAL MANAGER INFRASTRUCTURE & Westpac SERVICE DELIVERY 101 George Street COMMITTEES DUNEDIN S Casey Audit Committee Chairperson - Tony Allison, SOLICITORS GENERAL MANAGER Stuart McLauchlan Gallaway Cook Allan BUSINESS DEVELOPMENT 123 Vogel Street Remuneration Committee DUNEDIN Chairperson- Trish Oakley, M Crawford Mark Rogers BA, BCom , MInstD AUDITOR Health and Safety Committee Julian Tan of Audit NZ Chairperson – Mark Rogers, On behalf of the Auditor-General Stuart McLauchlan, Trish Oakley, Tony Allison SECTION 1. PAGE 3 AIRLINES FOR THE YEAR ENDED 30 JUNE 2018 AIRLINE AIRCRAFT TYPE DOMESTIC Air New Zealand Airbus 320-200 Air New Zealand Boeing 737-300 Mount Cook Airline ATR 72 Air Nelson Dash 8-300 Jetstar Airbus 320-200 INTERNATIONAL Virgin Australia Boeing 737-800 CHARTER, FLIGHT TRAINING AND COMMUTERS Mainland Air Services Cessna 152 Piper PA31-350 Chieftain Piper PA34-200 Seneca Socata TB10 Tobago SECTION 1. PAGE 4 OUR PLACE DUNEDIN, NEW ZEALAND SECTION 1. PAGE 5 It’s hard to imagine that one Dunedin, New Zealand’s first city destination can have some of the is set amidst a magical landscape best and most unique wildlife viewing edged by the sea. Here the streets in the world, an impressive array of hum vibrantly with colour and culture, heritage architecture and be home and the beauty of nature can still be to world class fashion designers. But found - everywhere. It is a thriving city there is such a destination, Dunedin. of rare charm. SECTION 1. PAGE 6 OUR DIRECTORS Tony Allison Stuart J McLauchlan Patricia (Trish) A Oakley Mark F Rogers Bcom, BA, CA, CMinstD BCom, FCA(PP), AF Inst D BCom, M Inst D BA(Hons), M Inst D, MNZIM (Chairperson – Audit (Chairman, Member – (Chairperson - (Chairperson – Health and Committee). Audit Committee) Remuneration Committee) Safety Committee) SECTION 1. PAGE 7 SECTION 1. PAGE 8 OUR EXECUTIVE LEADERSHIP TEAM GENERAL MANAGER GENERAL MANAGER GENERAL MANAGER CHIEF EXECUTIVE COMMERCIAL BUSINESS INFRASTRUCTURE & R Roberts DEVELOPMENT SERVICE DELIVERY BEng (Hons), MInstD C Cope S Casey BCom, Dip Grad, CA, M Crawford MInstD BA, BCom, MInstD SECTION 1. PAGE 9 SECTION 1. PAGE 10 THE YEAR AT A GLANCE TOTAL PASSENGERS INTERNATIONAL DOMESTIC DOWN UP 3.6% 6.4% 5.9% 1,030,512 UP 44,166 986,346 INTERNATIONAL DOMESTIC BUSIEST MONTH ON RECORD CAPACITY CAPACITY MARCH 2018 DOWN UP 5.1% 4.5% 95,163 FINANCIAL SUMMARY OPERATING SURPLUS AERO This summary should be read in conjunction with the full financial AFTER TAX REVENUE statements in section 2 or online at www.dunedinairport.co.nz 39.9% UP OPERATING REVENUE 16.9% 41.1% UP 16.5M UP 3.3M 7.3M TOTAL DECLARED SHAREHOLDERS NON AERO +Others DIVIDEND FUNDS REVENUE FOR THE YEAR UP UP 3.7% 6.4% $1,408,000 61.8M 9.3M SECTION 1. PAGE 11 CHAIRMAN AND CEO’S REPORT The Directors and Management are pleased to present this year’s Annual Report. Dunedin Airport has seen another year of significant growth. It has been a very exciting and rewarding year, and we are looking forward with great optimism. Reflecting back on the year, we must pay thanks to our team who have worked tirelessly in delivering some significant projects to improve the experience for our growing numbers of customers and team. We seek out new team members who align with our ever-present values, which is essential to deliver our value-based leadership model. The next few years present challenges for us all, but we feel comfortable and confident that we have the right mix on board to ensure we deliver success together. CONNECTING OUR PLACE, TO MORE PEOPLE, IN THE BEST WAY EVERYDAY OUR BRAND VALUES OF BE YOU BETTER TOGETHER CAN DO MAKE IT EASY WE CARE MAKE IT HAPPEN TO MAKE SAFETY & TO BE TO OPTIMISE THE INCREASE PASSENGER SECURITY OUR FIRST ENVIRONMENTALLY COMMERCIAL NUMBERS PRIORITY RESPONSIBLE RETURN TO OUR SHAREHOLDERS TO DEVELOP & PROVIDE THE TO BE A GREAT PLACE TO CONNECT & STRENGTHEN OUR BEST CUSTOMER TO WORK ENGAGE WITH PARTNERSHIPS EXPERIENCE OUR PLACE SECTION 1. PAGE 12 In January 2018 we welcomed our Aeronautical revenue of $7,287,000, one millionth passenger. This was which constituted 44.1% of total a major milestone and represented revenue, was 39.9% ahead of the a 45% increase in passenger previous year. In March 2017 we movements through the airport commenced consultation with In terms of passenger over the last ten years. The total our airline customers on airport numbers of passengers for the year charges for regular passenger numbers, 2017 - 2018 was was 1,030,512 which represents an transport (RPT) operators at another record year for increase of 5.9% on the previous Dunedin Airport. It is a legislative the airport. year and follows on from a 7.0% requirement under The Airport increase in the 2016 – 2017 year. Authorities Act 1966 that all airport companies consult over charges This year’s domestic capacity has with all substantial customers, increased by 4.5% (1,208,758 seats) before any new or altered charges with a corresponding increase are implemented. The previous in passengers of 6.4% to 986,346 landing charges consultation compared to the previous year. occurred in 2011. The consultation International capacity declined by process was successfully concluded 5.1% with a corresponding decline in in June 2017 with updated airport international passenger numbers by charges taking effect from 1 July 3.6% during this period to 44,166. 2017. These changes, in addition to There remains strong demand for increasing passenger numbers, had services through Dunedin Airport. a significant positive impact on the Last year we reported that our 2017 – 2018 aeronautical revenue. busiest month on record was March Non-aeronautical income 2017, with 87,730 passengers. (excluding interest income, This record was surpassed three dividends received, gain on sale times this year, with March 2018 at of fixed assets, and fair value 95,163, our new busiest month on movements of investments) record. increased 6.4% above last year to $9,273,000. This revenue stream is Dunedin Airport’s total revenue derived from passenger activities, increased by 16.9% to $16,522,000 retail, property, car parking and the and the after-tax operating surplus airport’s dairy farming operations was $3,725,000, surpassing last year and constitutes 56.1% of our total by $954,000, or 41.1%. revenue. SECTION 1. PAGE 13 The dividend declared at the the announcement both airlines 2017 Annual General Meeting and have adjusted their trans-Tasman distributed to shareholders during schedules and reviewed their the 2018 financial year remained strategies on the highly competitive in line with the previous year and CONNECTING MORE PEOPLE trans-Tasman routes. We are forecasts at $1,408,000. We were very proud to see our treating our existing services as a new route, and new relationship, Dunedin Airport shareholders’ one millionth passenger arrive and we aim to provide all that we funds increased by $2,222,000, or into Dunedin on the 31st January. can to support and grow both 3.7%, to $61,781,000. This increase It was an amazing team effort frequency and destinations to and is the result of the current year that enabled us to celebrate this from our region. operating surplus, offset by dividend important occasion in a very distributions. “Dunedin” way! Each passenger Our trans-Tasman passenger from flight NZ675 from Auckland numbers remain under pressure. Notwithstanding current year was treated to Dunedin gifts This is the result of a number capital expenditure of $3,468,000, including Emersons beer, Ocho of factors including competing early in the 2017 – 2018 financial chocolate and other local goodies. and cost-effective international year it became apparent that All gifts were either donated or destinations, awareness of the the timing of budgeted capital heavily discounted which was a Virgin Australia product in New expenditure was not indicative wonderful demonstration of the Zealand, and a frequency of less of the likely timing of incurred many partnerships Dunedin Airport than a daily service which will costs. Notable variances include has within the City. The 1 millionth always affect volume and market a 2018 financial year budget passenger received a gift of two presence. for the Terminal Expansion tickets to the Pink Concert donated Project (refer narration below) of These remain challenges for us in by Dunedin Venues Management $6,700,000 compared to a 2018 this market and our aim is always Limited including flights to Dunedin spend of $600,000, and a 2018 to improve our international which were provided by Air New budget of $2,800,000 for the passenger trends against these Zealand. carpark expansion (refer narration market challenges. The importance below) compared to a 2018 spend Our strategy remains focused on of a strong destination message of $1,700,000.
Load more

Recommended publications
  • Airport Development Opportunities in New Zealand
    Airport Development Opportunities in New Zealand Commissioned by the Netherlands Enterprise Agency Airport Development Opportunities in New Zealand Introduction NZ airports and airlines are adapting to rapidly growing passenger numbers. The main airports Auckland, Wellington and Christchurch will both invest millions in the aviation infrastructure in the coming years. This document highlights the most relevant development in NZ airports. For more in- depth information please contact the Economic Affairs team via [email protected] 777 to land. The runway will be extended, so Auckland Airport more direct international flights will be possible. This still needs to be approved by In 2014, Auckland Airport announced its 30- the NZ Civil Aviation Authority. year vision to build the airport of the future. At the moment, Wellington Airport has 6 Implementation of that vision is now well million passengers a year, with 1000 underway – NZ is investing more than NZ$1 passengers a day to Asia and beyond. million every working day in aeronautical infrastructure to ensure that it can Christchurch International Airport accommodate 40 million passengers and 260,000 flights by 2040. At the moment, it Christchurch Airport is under constant handles 14.5 million passengers and 150.000 development and growth. They have launched flights every year. Christchurch Airport 2040, which anticipates an 85% increase in passenger numbers by - A second runway will be built by 2025 2040: 11 654 000 passengers, compared to 6 -They will extend the length of the second 300 000 in 2019. It forecasts the amount of runway by 2045; flights to almost double by 2040, to 111.000 - Aircraft parking spaces will increase from annually, compared 67.000 currently.
    [Show full text]
  • Furs to Furriers in Dunedin, New Zealand, to 1940 Evan James Tosh
    Furs to Furriers in Dunedin, New Zealand, to 1940 Evan James Tosh A thesis submitted for the degree of Master of Consumer and Applied Science at the University of Otago, Dunedin, New Zealand. August 2005 Declaration To be added later ii Abstract This thesis chronicles the development of the fur trade in Dunedin from the 1870s to 1940. The fur trade in Dunedin started in response to the large numbers of rabbit skins and meat that were able to be marketed following the explosion in introduced rabbit numbers in the 1870s. Most rabbit traders diversified into buying and selling other products of the land, but a few became more involved in the fur trade, by concentrating on the rabbit trade or by diversifying into fur dressing and/or manufacturing and retailing fur garments. Dunedin became the major source of skins for export, and also was home to the main fur processing factory, and largest fur garment manufacturing operation in the country. Government measures to foster local industries and employment through the use of protective tariffs are examined. The demand for fur garments and the protection of these tariffs aided the development of fur garment manufacturers from 1920 onwards. The controversy over whether the commercial use of rabbits hindered the policy of rabbit destruction is examined. Whilst the Government tried to encourage rabbit destruction it did not hinder the trade in rabbit meat or skins. This contrasts with the official attitude to opossums, as population increases were encouraged in order to build up a fur trades. But by the late 1920s it was realised that the opossum was actually damaging forests and had become a pest.
    [Show full text]
  • TEC MEMBER E-DIRECTORY October 2016
    TEC MEMBER E-DIRECTORY October 2016 What is the Tourism Export Council of New Zealand? The Tourism Export Council of New Zealand is a trade association that has represented the interests of inbound tourism since 1971. Their inbound members package holidays for international visitors whether they be part of a group tour, independent traveller, conference/incentives, education or cruise visitors. What do we do & who do we represent? The Tourism Export Council’s focus is to build long term business relationships with distribution networks in New Zealand and offshore. The relationship with product suppliers in New Zealand and offshore wholesalers is integral to the country’s continued growth as a visitor destination. Member categories include: . Inbound member - inbound tour operators (ITO’s) . Allied member - attraction, activity, accommodation, transport and tourism service suppliers Examples of the allied membership include: . Attraction – Milford Sound, SkyTower, Te Papa Museum . Activities – Jetboating, Whalewatch, Maori Culture show . Accommodation – hotels, luxury lodges, backpackers . Transport – airlines, bus & coaches, sea transport, shuttles . Tourism services – Regional Tourism Organisations (RTO’s) digital & marketing companies, education & tourism agencies eg. DOC, Service IQ, Qualmark, AA Tourism, BTM Marketing, ReserveGroup Why is tourism considered an export industry? Tourism, like agriculture is one of New Zealand’s biggest income earners. Both are export industries because they bring in foreign dollars to New Zealand. With agriculture, you grow an apple, send it offshore and a foreigner eats it. A clear pathway of a New Zealand product consumed or purchased by someone overseas. Tourism works slightly differently: The product is still developed in NZ (just like the apple) It is sold offshore (like the apple) It is purchased by a foreigner (again like the apple) BUT it is experienced in NZ and therein lies the difference.
    [Show full text]
  • Fighting Words in the Antipodes Cherie Lacey, Michael P
    Fighting Words in the Antipodes Cherie Lacey, Michael P. Kelly, Annemarie Jutel Perspectives in Biology and Medicine, Volume 63, Number 4, Autumn 2020, pp. 669-682 (Article) Published by Johns Hopkins University Press For additional information about this article https://muse.jhu.edu/article/775635 [ Access provided at 19 Dec 2020 02:55 GMT from Victoria University of Wellington ] Fighting Words in the Antipodes Cherie Lacey,* Michael P. Kelly,† and Annemarie Jutel‡ ABSTRACT In this commentary, written in two bursts—the first completed in April 2020, and the second at the end of July—we explore how media metaphors of COVID-19 constitute the pandemic in Australia and New Zealand. We argue that the media’s rhetorical strategies play an important role not only in describing the illness, but in influencing and shaping individual and collective responses to the pandemic, with significant consequences for mental health and well-being in the context of crisis. We align this commentary with the tenets of the sociology of diagnosis, which argue that even though there are material realities of disease, their social form and conse- quence cannot be separated from the tangible nature of illness and its management. We also lean on Derrida’s approach to metaphor, which underlines how even observable viral entities such as COVID-19 are simultaneously material, abstract, and in flux. We describe the metaphors used by local media to describe the pandemic—including combat, bush fires, earthquakes, and other natural disasters—and we explore how and why these metaphors construct the pandemic locally and farther afield. *School of English, Film, Theatre, Media Studies, and Art History, Te Herenga Waka/Victoria Uni- versity of Wellington, New Zealand.
    [Show full text]
  • AIRPORT MASTER PLANNING GOOD PRACTICE GUIDE February 2017
    AIRPORT MASTER PLANNING GOOD PRACTICE GUIDE February 2017 ABOUT THE NEW ZEALAND AIRPORTS ASSOCIATION 2 FOREWORD 3 PART A: AIRPORT MASTER PLAN GUIDE 5 1 INTRODUCTION 6 2 IMPORTANCE OF AIRPORTS 7 3 PURPOSE OF AIRPORT MASTER PLANNING 9 4 REFERENCE DOCUMENTS 13 5 BASIC PLANNING PROCESS 15 6 REGULATORY AND POLICY CONTEXT 20 7 CRITICAL AIRPORT PLANNING PARAMETERS 27 8 STAKEHOLDER CONSULTATION AND ENGAGEMENT 46 9 KEY ELEMENTS OF THE PLAN 50 10 CONCLUSION 56 PART B: AIRPORT MASTER PLAN TEMPLATE 57 1 INTRODUCTION 58 2 BACKGROUND INFORMATION 59 C O N T E S 3 AIRPORT MASTER PLAN 64 AIRPORT MASTER PLANNING GOOD PRACTICE GUIDE New Zealand Airports Association | February 2017 ABOUT THE NZ AIRPORTS ASSOCIATION The New Zealand Airports Association (NZ Airports) is the national industry voice for airports in New Zealand. It is a not-for-profit organisation whose members operate 37 airports that span the country and enable the essential air transport links between each region of New Zealand and between New Zealand and the world. NZ Airports purpose is to: Facilitate co-operation, mutual assistance, information exchange and educational opportunities for Members Promote and advise Members on legislation, regulation and associated matters Provide timely information and analysis of all New Zealand and relevant international aviation developments and issues Provide a forum for discussion and decision on matters affecting the ownership and operation of airports and the aviation industry Disseminate advice in relation to the operation and maintenance of airport facilities Act as an advocate for airports and safe efficient aviation. Airport members1 range in size from a few thousand to 17 million passengers per year.
    [Show full text]
  • Bed Bath and Table Auckland Stores
    Bed Bath And Table Auckland Stores How lustiest is Nilson when unredressed and Parian Ariel flourish some irreparableness? Platiniferous or breathed, Teddie never siped any ankerite! Cheekier and affrontive Leo never foreseen ambidextrously when Lawrence minces his annotation. Please ensure you attain use letters. Of postage as well as entertaining gifts have table auckland. Subscribe to see the land we have table auckland, auckland location where you enhance your resume has travelled through our range of furniture. Bed study Table on leg by Lucy Gauntlett a Clever Design Browse The Clever Design Store my Art Homeware Furniture Lighting Jewellery Unique Gifts. Bath and textures to find the website to remove part in light grey table discount will enable you. Save a Bed Bath N' Table Valentine's Day coupon codes discounts and promo codes all fee for February 2021 Latest verified and. The forthcoming Low Prices on Clothing Toys Homeware. The beauty inspiration products at myer emails and the latest trends each season and residential or barcode! Send four to us using this form! Taste the heavy workload with asia pacific, auckland and the. Shop our diverse backgrounds and secure browser only! Bed Bath & Beyond Sylvia Park store details & latest catalogue. Shop coverlets and throws online at Myer. Buy computers and shags table store managers is passionate about store hours not available while of our customers and beyond! Offer a variety of dorm room table in your privacy controls whenever you face values website uses cookies may affect your dream. Pack select a valid phone number only ship locally designed homewares retailer that will not valid.
    [Show full text]
  • Activist #6, 2020
    Rail & Maritime Transport Union Volume 2020 Issue 6 Published Regularly - ISSN 1178-7392 (Print & Online) 24 April 2020 LEVEL 4 - NEW ZEALAND UNITED TOGETHER : WORKERS’ MEMORIAL DAY 28 APRIL 2020 IS CURRENTLY AT COVID Workers’ Memorial Day coincides with the ALERT LEVEL 4. NZ first day of NZ’s transition to level 3 Covid 19 emergency response. As more people return TRANSITIONS TO LEVEL 3 to work this is a poignant reminder that Workers’ Memorial Day is AT 2359 HRS 27 APRIL. about remembering those who have lost their lives due to poor Your Union staff and workplace safety delegates continue to systems, and continue work from home on our fight for the highest your behalf to ensure standards of health and that all members are safety protection. It treated lawfully and is also a reminder that fairly during these everyone is under unusual and uncertain stress, the personal times we find effects of which are a ourselves in. hazard in itself. Looking out for ANZAC DAY – each other, showing DIFFERENT BUT kindness and always working safely has REMEMBERED never been more important. The RSA and New Zealand Defence Force have called We will observe on New Zealanders to Workers’ Memorial Day remember our service a little differently this men and women, at 6am year. Physical on Saturday 25 April, by distancing is still vital standing at your to stamp out the letterbox, front door, in spread of the disease your lounge rooms, so we won’t be able to balconies, or driveways to gather for events like take a moment to remember our fallen – we normally would.
    [Show full text]
  • Friday 9 January 1998
    10 JANUARY 2008 New Zealand national climate summary – the year 2007 2007: much drier than average in many places, but disastrous floods in Northland. Drought, destructive tornadoes, windstorms, variable temperatures New Zealand’s climate for 2007 was marked by too little rain in many places, and record low rainfalls in some locations. Rainfall during the year was less than 60 percent of normal in parts of Marlborough, Canterbury and Central Otago, with some places recording their driest year on record. Parts of the south and east, and Wellington, recorded one of their sunniest years on record too. The national average temperature was of 12.7°C during 2007 was close to normal. This was a result of some warm months (May being the warmest on record) offset by some cooler months. “Notable climate features in various parts of the country were disastrous floods in Northland with very dry conditions, and drought in the east of the North Island”, says NIWA Principal Scientist Dr Jim Salinger. “As well there was an unprecedented swarm of tornadoes in Taranaki, destructive windstorms in Northland and in eastern New Zealand in October and hot spells. Of the main centres Dunedin was extremely sunny and dry, and it was dry in the other centres.” “The year saw a swing from an El Niño to a La Niña climate pattern. The start of the year was dominated by a weakening El Niño in the equatorial Pacific. From September onwards La Niña conditions had developed in the tropical Pacific, with a noticeable increase in the frequency and strength of the westerlies over New Zealand in October and then a significant drop in windiness from November.
    [Show full text]
  • Queenstown Airport
    Depot Details Auckland Airport Our conveniently located JUCY Auckland Airport branch is just a 5 minute drive away from both the Auckland International Airport and Domestic Terminal. We offer a free and convenient airport shuttle service between the international and domestic terminals – simply dial 0800 399 736 to organise. Once you’re at the JUCY Auckland Airport branch the dedicated JUCY team will get you in your rental car or campervan hire as quickly as possible so you can get on the road in your JUCY wheels and get your New Zealand adventure underway! Address: 15 Jimmy Ward Crescent, Mangere, Auckland Reservations: 0800 399 736 Phone: +64 9 929 2462 Fax: +64 9 256 9055 Hours: 8am – 6pm daily Auckland City With a fantastic central Auckland location, JUCY offers a huge range of rental cars and campervans for hire at some of New Zealand’s most competitive prices. Just a few minutes away from the fabulous shopping on Queen Street, a quick hop to Parnell’s boutique stores, or head straight out to the country’s iconic sites - the JUCY crew will have you on the road in no time! Address: 2-16 The Strand, Parnell, Auckland Reservations: 0800 399 736 Phone: +64 9 929 2462 Fax: +64 9 374 4370 Hours: 8am – 5pm daily Christchurch Airport If you are landing at Christchurch Airport, the JUCY car rental and campervan hire office is conveniently located only a few minutes away. Our amazing JUCY Team will collect you in our JUCY Airport Shuttle (its big, green and purple – you can't miss it!) and get you on your way in your JUCY ride of choice to explore nature's bounty in New Zealand’s scenic South Island.
    [Show full text]
  • Queenstown Airport Corporation Limited Annual Report for Financial Year Ended 30 June 2020
    Queenstown Airport Corporation Limited Annual Report for Financial Year Ended 30 June 2020 Contents Directory ................................................................................................................................................ 2 Annual Report ......................................................................................................................................... 3 Income Statement ................................................................................................................................ 13 Statement of Comprehensive Income ..................................................................................................... 14 Statement of Financial Position .............................................................................................................. 15 Statement of Changes in Equity ............................................................................................................. 16 Cash Flow Statement ............................................................................................................................. 17 Notes to the Financial Statements .......................................................................................................... 18 Statement of Service Performance ......................................................................................................... 44 Independent Auditor’s Report ...............................................................................................................
    [Show full text]
  • Rail and Maritime Transport Union Submission on Dunedin Railways Ltd Proposal: ‘Mothball Operation and Restructure of Business’ Dated 20 April 2020
    Rail & Maritime Transport Union 30 April 2020 Rail and Maritime Transport Union Submission on Dunedin Railways Ltd Proposal: ‘Mothball Operation and Restructure of Business’ dated 20 April 2020 Summary Dunedin Railways Ltd (‘DRL’) has failed to meaningfully consult on its so-called proposal to cease train services and mothball its assets with the loss of around 70 jobs. DRL has failed to follow Dunedin City Council’s (‘DCC’) instruction on ‘…mothball[ing] the business with a view to exploring feasibility of a small number of alternative options for the company’s assets.’ Rather DRL has tabled a proposal so lacking in detail as to be meaningless. This raises real questions regarding the competence and fitness of DRL’s board and management. DRL has a recent record of failing to engage in adequate community consultation. The RMTU calls for: 1. The immediate dismissal of the current board and the appointment of a new board with staff representation; 2. Genuine and good faith engagement by DRL management with staff and their union to investigate alternative options for the future of DRL; 3. This must be a genuine process that considers the wider picture of DRL’s valued contribution to Dunedin including, but not limited to ,adding to the city’s tourist offering, delivering wider economic benefits, and remaining a part of the city’s heritage. 1 Rail & Maritime Transport Union 30 April 2020 Background 1. The Rail and Maritime Transport Union (“RMTU”) represents almost 50 workers at Dunedin Railways Ltd (“DRL”). These staff have between them, hundreds of years of accumulated service.
    [Show full text]
  • Regional Brand Toolkit
    New Zealand New / 2019 The stories of VERSION 3.0 VERSION Regional Brand Toolkit VERSION 3.0 / 2019 Regional Brand Toolkit The stories of New Zealand Welcome to the third edition of the Regional Brand Toolkit At Air New Zealand I’m pleased to share with you the revised version our core purpose of the Regional Brand Toolkit featuring a number of updates to regions which have undergone a is to supercharge brand refresh, or which have made substantial New Zealand’s success changes to their brand proposition, positioning or right across our great direction over the last year. country – socially, environmentally and We play a key role in stimulating visitor demand, growing visitation to New Zealand year-round economically. This is and encouraging visitors to travel throughout the about making a positive country. It’s therefore important we communicate AIR NEW ZEALAND impact, creating each region’s brand consistently across all our sustainable growth communications channels. and contributing This toolkit has proven to be a valuable tool for to the success of – Air New Zealand’s marketing teams, providing TOOLKIT BRAND REGIONAL New Zealand’s goals. inspiring content and imagery which we use to highlight all the regions which make our beautiful country exceptional. We’re committed to showcasing the diversity of our regions and helping to share each region’s unique story. And we believe we’re well placed to do this through our international schedule timed to connect visitors onto our network of 20 domestic destinations. Thank you to the Regional Tourism Organisations for the content you have provided and for the ongoing work you’re doing to develop strong and distinctive brands for your regions.
    [Show full text]