DOCSLIB.ORG

Annual Report Year Ended 30 June 2019

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Annual Report Year Ended 30 June 2019 Annual Report Year Ended 30 June 2019 GENERAL Year in Review 4 Creating Value 6 Performance 8 Diversity Snapshot 12 Chair’s Review 14 Chief Executive Officer’s Review 15 Delivering Our Group Strategy 16 About SkyCity 24 Auckland 27 Hamilton 31 Adelaide 32 Queenstown 34 International Business 35 Our Risk Profile and Management 36 Our Board 40 Our Senior Leadership Team 44 SUSTAINABILITY Our Sustainability 48 Our Sustainability Pillars Our Customers 52 Our People 58 Our Communities 72 Our Suppliers 78 Our Environment 84 Independent Limited Assurance Statement 91 CORPORATE GOVERNANCE STATEMENT AND OTHER DISCLOSURES Corporate Governance Statement 92 Director and Employee Remuneration 104 Shareholder and Bondholder Information 118 Directors’ Disclosures 121 Company Disclosures 123 This annual report is dated 14 August 2019 and is signed on behalf of the Board of directors of SkyCity Entertainment Group Limited (SkyCity or the company and, together with its subsidiaries, the Group) by: FINANCIAL STATEMENTS Independent Auditor’s Report 127 Income Statement 134 Statement of Comprehensive Income 135 Rob Campbell Bruce Carter Balance Sheet 136 Chair Deputy Chair Statement of Changes in Equity 137 An electronic copy of this annual report is available in the Investor Centre section of the company’s Statement of Cash Flows 138 website at www.skycityentertainmentgroup.com Notes to the Financial Statements 139 Reconciliation of Normalised Results to Reported Results 174 GRI CONTENT INDEX 178 ABOUT THIS ANNUAL REPORT GLOSSARY 182 Unless otherwise stated, all dollar amounts in this annual report are expressed in New Zealand dollars. DIRECTORY 183 Where appropriate, information is also provided in relation to activities that have occurred after 30 June 2019, but prior to publication of this annual report. The non-financial information in this annual report has been informed by the principles and disclosures of the Global Reporting Initiative’s (GRI) Sustainability Reporting Standards. Ernst & Young has undertaken limited assurance (in accordance with the International Standard on ANNUAL MEETING Assurance Engagements (New Zealand)) over disclosures associated with selected performance data included in the Sustainability section included in this annual report. A GRI reference index based on the GRI Sustainability Reporting Standards is included on pages 178–181 of this The 2019 SkyCity Annual Meeting will be held on Friday 18 October 2019 in the SkyCity Theatre, annual report. Level 3, SkyCity Auckland, Corner of Wellesley and Hobson Streets, Auckland, commencing at Normalised numbers are a non-GAAP financial measure. A reconciliation of reported and normalised earnings and description of the differences are provided on pages 174–177. 10.00am (New Zealand time). 5 GENERAL Year in Review 2018 JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER • Sky Tower lit yellow and orange • Record FY18 full-year result with • FY18 final dividend paid to • Carmen Leong (SkyCity Grand Hotel) • SkyCity agrees to sell SkyCity Darwin • Academy Award-winning design to depict a sunrise over a 3-week normalised net profit after tax shareholders – 10 cents per share wins New Zealand Receptionist to Delaware North for A$188 million and effects company Weta period to celebrate Matariki, (NPAT) up 10.4% to $169.9 million of the Year 2018 at the AICR Hotel Workshop announces plans • SkyCity Auckland welcomes • Dani Chen (Bellota) wins the 2018 the Māori New Year and reported NPAT up 277.9% to Receptionist of the Year competition to open a new entertainment public health providers into the World Tapas Championship in Spain $169.5 million (due to A$95 million experience at SkyCity Auckland • SkyCity becomes a signatory to casino during Gambling Harm • More than 600 egg trays donated impairment of SkyCity Darwin’s • SkyCity becomes a Platinum Partner the Climate Change Statement Awareness Week to the Auckland Council to assist • Danielle Davies (SkyCity Auckland) goodwill the previous year) of Women in Gaming Australasia committing SkyCity to reducing the safe carriage of eggs from named Young Tourism Export • Marek Przyborek (Huami) named greenhouse gas emissions in line • Sky Tower open day raises more Great Barrier Island to the • SkyCity's bespoke Māori leadership Council’s Rising Star 2018 New Zealand Sommelier of with New Zealand’s obligations than $9,000 for Youthline Auckland City Mission programme, Tahuna Te Ahi, wins the the Year under the Paris Agreement 2018 Deloitte Top 200 Diversity • SkyCity Teddy Bears’ Picnic in the • SkyCity announces plans to • Sky Tower hosts the Memorial & Inclusion Leadership Award Sky Tower raises more than $4,500 grow its hotels business across Firefighter Stair Climb in honour for Kidz First Children’s Hospital its portfolio and develop its of New Zealand firefighters lost Queenstown site in the line of duty since 1872 2019 JANUARY FEBRUARY MARCH APRIL MAY JUNE • Annual Sky Tower New Year’s Eve • SkyCity announces a climate • FY19 interim dividend paid to • Sale of SkyCity Darwin to Delaware • SkyCity Auckland awarded the • SkyCity awarded the Auckland fireworks and laser animation change strategy that will see shareholders – 10 cents per share North for A$188 million completed New Zealand Rainbow Excellence International Airport Award for display welcomes in the New Year its New Zealand sites carbon Awards 2019 Training and Contribution to the Growth of • Sky Tower lit as a candle to honour • David Christian appointed as neutral by the end of 2019, with its Development Award for its Chinese Tourism in New Zealand • Record visitation of 32,000 people the victims of the Christchurch General Manager Adelaide Adelaide site to follow in 2020 Transition Support framework at the 2019 HSBC NZCTA China to the SkyCity Auckland main attack and to stand in solidarity • SkyCity agrees to sell a long term Business Awards casino floor on New Year's Eve/Day • Reported net profit after tax with the Muslim community and • SkyCity announces plans to concession to Macquarie – up 11% from the prior year (NPAT) down 11.4% for the first all those affected launch an offshore online • The Sugar Club launches Principal Finance to operate half of FY19 to $82.8 million and gaming business New Zealand’s first ever low • Record New Year's Eve/Day daily • 2019 NRL season officially SkyCity Auckland’s 3,200 car park normalised NPAT up 11.4% to carbon menu gaming machine turnover at launched at SkyCity Auckland, spaces until 2048 for $220 million • More than $1.3 million raised $97.0 million SkyCity Auckland the official ‘Home of the for Leukaemia & Blood • SkyCity named as a Platinum • SkyCity awarded Gender Tick, • SkyCity announces on-market Vodafone Warriors’, with squad Cancer New Zealand in the winner in the Best Learning & a New Zealand-based accreditation, share buy back programme to members and fans in attendance 15th Firefighter Sky Tower Development Project – Leadership in recognition of its commitment to purchase up to 5% of its total Stair Challenge Capability category at the providing a fair workplace for ordinary shares on issue international LearnX Awards for all employees its Tahuna Te Ahi programme • Installation commences of Sara Hughes’ 2,400sqm glass • Liz Burrett (SkyCity Auckland) artwork on the exterior of the named Hotel Industry Sales, New Zealand International Marketing & Distribution Employee Convention Centre of the Year at the 2019 New Zealand Hotel Industry Awards We are proud of the contribution we make to the communities we operate in, and our staff continue to do us proud, year-on-year. 7 GENERAL Creating Value Inputs Our Business Outputs & Outcomes Financial Results & Impacts FINANCIAL CAPITAL 5,031 staff FY19 revenue (including gaming GST) and annual visitation 5 properties across New Zealand Pool of funds (equity, debt and grants) available Customers and Australia to SkyCity from banks, shareholders and GAMING Be responsible hosts bondholders or generated through SkyCity’s operations or investments GAMING Happy, safe customers $764 million 2.8million visits from 5 casino licences (reported) loyalty card members* MANUFACTURED CAPITAL 3,204 electronic gaming machines $831 million People Manufactured production-orientated 273 table games (normalised) Inspire our people physical objects (buildings, equipment and 307 automated table games infrastructure) available to SkyCity that Great, safe place to work contribute to the delivery of SkyCity’s products HOSPITALITY and services HOSPITALITY $111 million 5.7 million 23 restaurants restaurant/bar covers INTELLECTUAL CAPITAL 16 bars Intellectual property, organisational capital, HOTELS brand and reputation developed by SkyCity HOTELS $54 million 228,000 hotel rooms rooms occupied HUMAN CAPITAL 635 Communities Competencies, capabilities and experience of CONFERENCES Grow our communities the SkyCity workforce and SkyCity’s capacity to CONFERENCES add value through human capital development 6,266 sqm of conference rooms $22 million 160,000 Thriving local communities conference delegates SOCIAL AND RELATIONSHIP CAPITAL SKY TOWER SKY TOWER Relationships within SkyCity and with external 328 metres tall stakeholders that enhance individual and million visits collective wellbeing and are essential to $18 574,000 SkyCity’s social licence to operate PARKING Suppliers parking bays Source responsibly 2,248 PARKING NATURAL CAPITAL as at 30 June 2019 Consistent ethical sourcing Renewable and non-renewable environmental $8 million 2.2 million cars parked stocks (air, water, land and ecosystem health)
Load more

Recommended publications
  • Inbound E-Directory 2016
    INBOUND E-DIRECTORY 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]
  • FY21 Results Overview
    Annual Report 2021 01 Chorus Board and management overview 14 Management commentary 24 Financial statements 60 Governance and disclosures 92 Glossary FY21 results overview Fixed line connections1 Broadband connections1 FY21 FY20 FY21 FY20 1,340,000 1,415,000 1,180,000 1,206,000 Fibre connections1 Net profit after tax FY21 FY20 FY21 FY20 871,000 751,000 $47m $52m EBITDA2 Customer satisfaction Installation Intact FY21 FY20 FY21 FY21 $649m $648m 8.2 out of 10 7.5 out of 10 (target 8.0) (target 7.5) Dividend Employee engagement score3 FY21 FY20 FY21 FY20 25cps 24cps 8.5 out of 103 8.5 This report is dated 23 August 2021 and is signed on behalf of the Board of Chorus Limited. Patrick Strange Mark Cross Chair Chair Audit & Risk Management Committee 1 Excludes partly subsidised education connections provided as part of Chorus’ COVID-19 response. 2 Earnings before interest, income tax, depreciation and amortisation (EBITDA) is a non-GAAP profit measure. We monitor this as a key performance indicator and we believe it assists investors in assessing the performance of the core operations of our business. 3 Based on the average response to four key engagement questions. Dear investors Our focus in FY21 was to help consumers especially important because fixed wireless services don’t capitalise on the gigabit head start our fibre provide the same level of service as fibre - or even VDSL in network has given New Zealand. We knocked most cases – and these service limitations often aren’t made clear to the customer. on about a quarter of a million doors and supported our 100 or so retailers to connect As expected, other fibre companies continued to win copper customers in those areas where they have overbuilt our another 120,000 consumers to fibre.
    [Show full text]
  • Thl Interim Report 2012
    Interim Report Tourism Holdings Limited 2012 Chairman’s Report Keith Smith Tourism Holdings Limited (thl) has achieved a significant Summary of Results turnaround in performance in the half-year to December The NPAT for the first half at $4.2m is well above the prior 2011, with a strong increase in profit, resumption in dividend corresponding period due to the Rugby World Cup effect in New payments and positive indicators for continued growth. Zealand and the first high-season profit from the Road Bear business in the USA. Net Profit After Tax (NPAT) for the first half was well above the Revenue for the period increased by $23m or 27%. Revenue December 2010 half-year result, due to the Rugby World Cup effect excluding fleet sales increased by $16m to $83m. Road Bear in New Zealand and the first high-season profit from the Road Bear represented $11m of the increase. business in the USA, acquired in December 2010. The Road Bear business has continued to perform above The Board is encouraged by the performance of the business in an expectations, with an EBIT of NZD$6.1m. This included the USA operating environment that continues to be difficult. high season period. The winter low season (January – June 2012) forecast is a loss of up to $1.0m at the EBIT level. As announced by our CEO Grant Webster, the new manufacturing Net Debt for the half was $102m compared to $91m for the prior joint venture RV Manufacturing Group LP (RVMG LP) provides an corresponding period. The debt increase for the half of $11m outstanding and rare opportunity to create a step change in reducing including increased fleet in Road Bear and the purchase of the costs, improving efficiency and provides a platform for strong profit Motek Hamilton building for $7.3m growth in that business.
    [Show full text]
  • Westpac Online Investment Loan Acceptable Securities List - Effective 3 September2021
    Westpac Online Investment Loan Acceptable Securities List - Effective 3 September2021 ASX listed securities ASX Code Security Name LVR ASX Code Security Name LVR A2M The a2 Milk Company Limited 50% CIN Carlton Investments Limited 60% ABC Adelaide Brighton Limited 60% CIP Centuria Industrial REIT 50% ABP Abacus Property Group 60% CKF Collins Foods Limited 50% ADI APN Industria REIT 40% CL1 Class Limited 45% AEF Australian Ethical Investment Limited 40% CLW Charter Hall Long Wale Reit 60% AFG Australian Finance Group Limited 40% CMW Cromwell Group 60% AFI Australian Foundation Investment Co. Ltd 75% CNI Centuria Capital Group 50% AGG AngloGold Ashanti Limited 50% CNU Chorus Limited 60% AGL AGL Energy Limited 75% COF Centuria Office REIT 50% AIA Auckland International Airport Limited 60% COH Cochlear Limited 65% ALD Ampol Limited 70% COL Coles Group Limited 75% ALI Argo Global Listed Infrastructure Limited 60% CPU Computershare Limited 70% ALL Aristocrat Leisure Limited 60% CQE Charter Hall Education Trust 50% ALQ Als Limited 65% CQR Charter Hall Retail Reit 60% ALU Altium Limited 50% CSL CSL Limited 75% ALX Atlas Arteria 60% CSR CSR Limited 60% AMC Amcor Limited 75% CTD Corporate Travel Management Limited ** 40% AMH Amcil Limited 50% CUV Clinuvel Pharmaceuticals Limited 40% AMI Aurelia Metals Limited 35% CWN Crown Limited 60% AMP AMP Limited 60% CWNHB Crown Resorts Ltd Subordinated Notes II 60% AMPPA AMP Limited Cap Note Deferred Settlement 60% CWP Cedar Woods Properties Limited 45% AMPPB AMP Limited Capital Notes 2 60% CWY Cleanaway Waste
    [Show full text]
  • Asx Clear – Acceptable Collateral List 28
    et6 ASX CLEAR – ACCEPTABLE COLLATERAL LIST Effective from 20 September 2021 APPROVED SECURITIES AND COVER Subject to approval and on such conditions as ASX Clear may determine from time to time, the following may be provided in respect of margin: Cover provided in Instrument Approved Cover Valuation Haircut respect of Initial Margin Cash Cover AUD Cash N/A Additional Initial Margin Specific Cover N/A Cash S&P/ASX 200 Securities Tiered Initial Margin Equities ETFs Tiered Notes to the table . All securities in the table are classified as Unrestricted (accepted as general Collateral and specific cover); . Specific cover only securities are not included in the table. Any securities is acceptable as specific cover, with the exception of ASX securities as well as Participant issued or Parent/associated entity issued securities lodged against a House Account; . Haircut refers to the percentage discount applied to the market value of securities during collateral valuation. ASX Code Security Name Haircut A2M The A2 Milk Company Limited 30% AAA Betashares Australian High Interest Cash ETF 15% ABC Adelaide Brighton Ltd 30% ABP Abacus Property Group 30% AGL AGL Energy Limited 20% AIA Auckland International Airport Limited 30% ALD Ampol Limited 30% ALL Aristocrat Leisure Ltd 30% ALQ ALS Limited 30% ALU Altium Limited 30% ALX Atlas Arteria Limited 30% AMC Amcor Ltd 15% AMP AMP Ltd 20% ANN Ansell Ltd 30% ANZ Australia & New Zealand Banking Group Ltd 20% © 2021 ASX Limited ABN 98 008 624 691 1/7 ASX Code Security Name Haircut APA APA Group 15% APE AP
    [Show full text]
  • Stoxx® Pacific Total Market Index
    STOXX® PACIFIC TOTAL MARKET INDEX Components1 Company Supersector Country Weight (%) CSL Ltd. Health Care AU 7.79 Commonwealth Bank of Australia Banks AU 7.24 BHP GROUP LTD. Basic Resources AU 6.14 Westpac Banking Corp. Banks AU 3.91 National Australia Bank Ltd. Banks AU 3.28 Australia & New Zealand Bankin Banks AU 3.17 Wesfarmers Ltd. Retail AU 2.91 WOOLWORTHS GROUP Retail AU 2.75 Macquarie Group Ltd. Financial Services AU 2.57 Transurban Group Industrial Goods & Services AU 2.47 Telstra Corp. Ltd. Telecommunications AU 2.26 Rio Tinto Ltd. Basic Resources AU 2.13 Goodman Group Real Estate AU 1.51 Fortescue Metals Group Ltd. Basic Resources AU 1.39 Newcrest Mining Ltd. Basic Resources AU 1.37 Woodside Petroleum Ltd. Oil & Gas AU 1.23 Coles Group Retail AU 1.19 Aristocrat Leisure Ltd. Travel & Leisure AU 1.02 Brambles Ltd. Industrial Goods & Services AU 1.01 ASX Ltd. Financial Services AU 0.99 FISHER & PAYKEL HLTHCR. Health Care NZ 0.92 AMCOR Industrial Goods & Services AU 0.91 A2 MILK Food & Beverage NZ 0.84 Insurance Australia Group Ltd. Insurance AU 0.82 Sonic Healthcare Ltd. Health Care AU 0.82 SYDNEY AIRPORT Industrial Goods & Services AU 0.81 AFTERPAY Financial Services AU 0.78 SUNCORP GROUP LTD. Insurance AU 0.71 QBE Insurance Group Ltd. Insurance AU 0.70 SCENTRE GROUP Real Estate AU 0.69 AUSTRALIAN PIPELINE Oil & Gas AU 0.68 Cochlear Ltd. Health Care AU 0.67 AGL Energy Ltd. Utilities AU 0.66 DEXUS Real Estate AU 0.66 Origin Energy Ltd.
    [Show full text]
  • Annual Report 2017 10 5 15
    New horizons, new growth. Restaurant Brands New Zealand Limited Annual Report 2017 10 5 15 0 20 5 15 10 We’re on a steady, well-planned course. N With favourable conditions ahead. W E We’ve big growth ambitions and are tracking well to achieve them. Our acquisitions in Australia and Hawaii are part of a sharply focused strategy that will shift our company from being a domestic franchisee to being a multi-brand international business. It’s exciting, and S the prospects for controlled growth are significant. Contents 02 We’re flying 22 KFC operations 65 Independent international now 24 Starbucks Coffee auditors’ report 05 Acquired taste operations 70 Shareholder information 07 A fine formation 25 Carl’s Jr. operations 72 Statutory information Financial highlights 26 Board of Directors 75 Statement of corporate 08 Restaurant Brands New Zealand Limited operates the New Zealand outlets of KFC, Pizza Hut, Carl’s Jr. and 09 Year in review 28 Corporate social governance Starbucks Coffee, together with KFC in Australia, and Pizza Hut and Taco Bell in Hawaii and Guam. These brands responsibility 80 Corporate directory – five of the world’s most famous – are distinguished for their product, look, style, ambience, service and for the 10 Chairman’s and total experience they deliver to their customers in New Zealand, Australia, the US and around the world. Chief Executive’s 30 Consolidated 80 Financial calendar report to shareholders income statement 16 Navigating new markets 31 Non-GAAP financial measures 21 Pizza Hut operations 32 Financial statements Restaurant Brands New Zealand Ltd Annual Report 2017 01 ALOHA! G’DAY! Hawaii Total Stores 82 Australia Total Sales Total Stores $180m* 42 *FY18 estimate Total Sales $97m* *10 months FY17 We’re flying international now To our newly acquired international acquisitions, we look forward to applying our proven skills in marketing, facility and supply chain management.
    [Show full text]
  • The Climate Risk of New Zealand Equities
    The Climate Risk of New Zealand Equities Hamish Kennett Ivan Diaz-Rainey Pallab Biswas Introduction/Overview ØExamine the Climate Risk exposure of New Zealand Equities, specifically NZX50 companies ØMeasuring company Transition Risk through collating firm emission data ØCompany Survey and Emission Descriptives ØPredicting Emission Disclosure ØHypothetical Carbon Liabilities 2 Measuring Transition Risk ØTransition Risk through collating firm emissions ØAimed to collate emissions for all the constituents of the NZX50. ØUnique as our dataset consists of Scope 1, Scope 2, and Scope 3 emissions, ESG scores and Emission Intensities for each firm. ØCarbon Disclosure Project (CDP) reports, Thomson Reuters Asset4, Annual reports, Sustainability reports and Certified Emissions Measurement and Reduction Scheme (CEMAR) reports. Ø86% of the market capitilisation of the NZX50. 9 ØScope 1: Classified as direct GHG emissions from sources that are owned or controlled by the company. ØScope 2: Classified as indirect emissions occurring from the generation of purchased electricity. ØScope 3: Classified as other indirect GHG emissions occurring from the activities of the company, but not from sources owned or controlled by the company. (-./01 23-./014) Ø Emission Intensity = 6789 :1;1<=1 4 Company Survey Responses Did not Email No Response to Email Responded to Email Response Company Company Company Air New Zealand Ltd. The a2 Milk Company Ltd. Arvida Group Ltd. Do not report ANZ Group Ltd. EBOS Ltd. Heartland Group Holdings Ltd. Do not report Argosy Property Ltd. Goodman Property Ltd. Metro Performance Glass Ltd. Do not report Chorus Ltd. Infratil Ltd. Pushpay Holdings Ltd. Do not report Contact Energy Ltd. Investore Property Ltd.
    [Show full text]
  • FNZ Basket 14102010
    14-Oct-10 smartFONZ Basket Composition Composition of a basket of securities and cash equivalent to 200,000 NZX 50 Portfolio Index Fund units effective from 14 October 2010 The new basket composition applies to applications and withdrawals. Cash Portion: $ 1,902.98 Code Security description Shares ABA Abano Healthcare Group Limited 88 AIA Auckland International Airport Limited Ordinary Shares 6,725 AIR Air New Zealand Limited (NS) Ordinary Shares 2,784 AMP AMP Limited Ordinary Shares 432 ANZ Australia and New Zealand Banking Group Limited Ord Shares 212 APN APN News & Media Limited Ordinary Shares 1,759 APT AMP NZ Office Trust Ordinary Units 8,453 ARG Argosy Property Trust Ordinary Units 4,344 CAV Cavalier Corporation Limited Ordinary Shares 482 CEN Contact Energy Limited Ordinary Shares 1,508 EBO Ebos Group Limited Ordinary Shares 537 FBU Fletcher Building Limited Ordinary Shares 1,671 FPA Fisher & Paykel Appliances Holdings Limited Ordinary Shares 6,128 FPH Fisher & Paykel Healthcare Corporation Limited Ord Shares 3,106 FRE Freightways Limited Ordinary Shares 1,625 GFF Goodman Fielder Limited Ordinary Shares 3,990 GMT Macquarie Goodman Property Trust Ordinary Units 8,004 GPG Guinness Peat Group Plc Ordinary Shares 15,588 HLG Hallenstein Glasson Holdings Limited Ordinary Shares 430 IFT Infratil Limited Ordinary Shares 6,363 KIP Kiwi Income Property Trust Ordinary Units 10,287 KMD Kathmandu Holdings Limited Ordinary Shares 690 MFT Mainfreight Limited Ordinary Shares 853 MHI Michael Hill International Limited Ordinary Shares 1,433 NPX
    [Show full text]
  • ESG Reporting by the ASX200
    Australian Council of Superannuation Investors ESG Reporting by the ASX200 August 2019 ABOUT ACSI Established in 2001, the Australian Council of Superannuation Investors (ACSI) provides a strong, collective voice on environmental, social and governance (ESG) issues on behalf of our members. Our members include 38 Australian and international We undertake a year-round program of research, asset owners and institutional investors. Collectively, they engagement, advocacy and voting advice. These activities manage over $2.2 trillion in assets and own on average 10 provide a solid basis for our members to exercise their per cent of every ASX200 company. ownership rights. Our members believe that ESG risks and opportunities have We also offer additional consulting services a material impact on investment outcomes. As fiduciary including: ESG and related policy development; analysis investors, they have a responsibility to act to enhance the of service providers, fund managers and ESG data; and long-term value of the savings entrusted to them. disclosure advice. Through ACSI, our members collaborate to achieve genuine, measurable and permanent improvements in the ESG practices and performance of the companies they invest in. 6 INTERNATIONAL MEMBERS 32 AUSTRALIAN MEMBERS MANAGING $2.2 TRILLION IN ASSETS 2 ESG REPORTING BY THE ASX200: AUGUST 2019 FOREWORD We are currently operating in a low-trust environment Yet, safety data is material to our members. In 2018, 22 – for organisations generally but especially businesses. people from 13 ASX200 companies died in their workplaces. Transparency and accountability are crucial to rebuilding A majority of these involved contractors, suggesting that this trust deficit. workplace health and safety standards are not uniformly applied.
    [Show full text]
  • Technological Advances and Trends in Modern High-Rise Buildings
    buildings Article Technological Advances and Trends in Modern High-Rise Buildings Jerzy Szolomicki 1,* and Hanna Golasz-Szolomicka 2 1 Faculty of Civil Engineering, Wroclaw University of Science and Technology, 50-370 Wroclaw, Poland 2 Faculty of Architecture, Wroclaw University of Science and Technology, 50-370 Wroclaw, Poland * Correspondence: [email protected]; Tel.: +48-505-995-008 Received: 29 July 2019; Accepted: 22 August 2019; Published: 26 August 2019 Abstract: The purpose of this paper is to provide structural and architectural technological solutions applied in the construction of high-rise buildings, and present the possibilities of technological evolution in this field. Tall buildings always have relied on technological innovations in engineering and scientific progress. New technological developments have been continuously taking place in the world. It is closely linked to the search for efficient construction materials that enable buildings to be constructed higher, faster and safer. This paper presents a survey of the main technological advancements on the example of selected tall buildings erected in the last decade, with an emphasis on geometrical form, the structural system, sophisticated damping systems, sustainability, etc. The famous architectural studios (e.g., for Skidmore, Owings and Merill, Nikhen Sekkei, RMJM, Atkins and WOHA) that specialize, among others, in the designing of skyscrapers have played a major role in the development of technological ideas and architectural forms for such extraordinary engineering structures. Among their completed projects, there are examples of high-rise buildings that set a precedent for future development. Keywords: high-rise buildings; development; geometrical forms; structural system; advanced materials; damping systems; sustainability 1.
    [Show full text]
  • Pengana Emerging Companies Fund
    QUARTERLY REVIEW PENGANA EMERGING COMPANIES FUND December 2018 Quarterly Review DECEMBER 2018 FUND PERFORMANCE Net performance for periods ending 31 December 20181 Since 1 mth 3 mths 1 yr 3 yrs p.a. 5 yrs p.a. 10 yrs p.a. Inception p.a.2 Pengana Emerging Companies Fund -6.2% -18.6% -9.9% 5.2% 9.4% 15.4% 12.6% S&P/ASX Small Ordinaries Index -4.2% -13.7% -8.7% 7.4% 5.6% 6.9% 4.0% Outperformance -2.0% -4.9% -1.2% -2.2% 3.8% 8.5% 8.6% S&P/ASX Small Industrials Index3 -3.9% -13.4% -6.5% 4.7% 6.3% 9.8% 4.9% Outperformance -2.3% -5.2% -3.4% 0.5% 3.1% 5.6% 7.7% FUND COMMENTARY The Fund fell 18.6%1 over the December quarter, underperforming the Small Industrials Index by 5.2% and the Small Ordinaries Index by 4.9%. For the 12 months to December, the Fund was down 9.9%1, underperforming the Small Industrials Index by 3.4% and the Small Ordinaries Index by 1.2%. The Australian share market had the worst close to a year since 2011, with the ASX 200 index closing the quarter 8.5% lower. Global markets generally fared worse with the S&P 500 in the US down 14.3%, the technology heavy US Nasdaq index down 17% and the Nikkei in Japan down over 17%. The nervousness largely centred around concerns over global economic growth pending a US-China trade war, rising US interest rates and sluggish economic growth from China.
    [Show full text]