CCHL Annual Report 2016
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Christchurch City Holdings Limited (CCHL)
Christchurch City Holdings Limited Fixed Rate Bond Offer Presentation Arranger and Joint Lead Manager Joint Lead Manager Important Notice The offer of Bonds is being made in reliance upon the exclusion in clause 19 of schedule 1 of the Financial Markets Conduct Act 2013 (FMCA). Except for the interest rate and maturity date, the Bonds will have identical rights, privileges, limitations and conditions as CCHL’s $150,000,000 3.40% fixed rate bonds maturing on 6 December 2022 which are quoted on the NZX Debt Market under the ticker code CCH010 (the Quoted Bonds). The Bonds are of the same class as the Quoted Bonds for the purposes of the FMCA and the Financial Markets Conduct Regulations 2014. CCHL is subject to a disclosure obligation that requires it to notify certain material information to NZX Limited (NZX) for the purpose of that information being made available to participants in the market and that information can be found by visiting www.nzx.com/companies/CCH. The Quoted Bonds are the only debt securities of CCHL that are currently quoted and in the same class as the Bonds. Investors should look to the market price of the Quoted Bonds to find out how the market assesses the returns and risk premium for those bonds. 2 Disclaimer The information in this presentation is of a general nature and does not take into account your particular investment objectives, financial situation, tax position or circumstances. It does not constitute legal, financial, tax or investment advice and should not be relied on in connection with any contract or commitment whatsoever. -
National Climate Change Risk Assessment for New Zealand: Technical Report
National Climate Change Risk Assessment for New Zealand Arotakenga Tūraru mō te Huringa Āhuarangi o Āotearoa Technical report Pūrongo Whaihanga This document may be cited as: Ministry for the Environment. 2020. National Climate Change Risk Assessment for New Zealand – Arotakenga Tūraru mō te Huringa Āhuarangi o Āotearoa: Technical report – Pūrongo whaihanga. Wellington: Ministry for the Environment. Disclaimer The information in this publication is, according to the Ministry for the Environment’s best efforts, accurate at the time of publication. The information provided does not alter the laws of New Zealand and other official guidelines or requirements. Users should take specific advice from qualified professional people before undertaking any action, as a result of information obtained from this publication. The Ministry for the Environment does not accept any responsibility or liability whether in contract, tort, equity or otherwise, for any action taken as a result of reading, or reliance placed on the Ministry for the Environment because of having read any part, or all, of the information in this publication or for any error, or inadequacy, deficiency, flaw in or omission from the information provided in this publication. Acknowledgements Prepared for the Ministry for the Environment by a consortium led by AECOM, including Tonkin + Taylor Ltd, NIWA and Latitude and a number of independent contractors. Published in July 2020 by the Ministry for the Environment Manatū Mō Te Taiao PO Box 10362, Wellington 6143, New Zealand ISBN: 978-1-98-857995-5 (online) Publication number: ME 1508 © Crown copyright New Zealand 2020 This document is available on the Ministry for the Environment website: www.mfe.govt.nz. -
Christchurch City Holdings Limited Is a Wholly-Owned Subsidiary of Christchurch City Council
Christchurch City Holdings Limited is a wholly-owned subsidiary of Christchurch City Council cChristchurchc Cityh Holdingsl Investing in the city’s infrastructure The primary purpose of Christchurch City Holdings Ltd (CCHL) is to invest in and promote the establishment of key infrastructure, and this now extends to assisting the Council in the rebuild and redevelopment of Christchurch following the Canterbury earthquakes. CCHL will continue to invest in existing and new infrastructural assets such as the electricity distribution network, the airport, port, transport and high speed broadband. CCHL’s strategic approach is to identify infrastructural needs that are not or cannot be filled by the private sector or existing Council operations, then take a role in helping to meet those needs through joint ventures, public-private partnerships, establishing new entities or simply acting as a catalyst for others. Appropriate investment is encouraged and, if necessary, facilitated by CCHL in its trading companies when significant upgrades are required to existing infrastructural assets – recent examples being the establishment and funding of Enable Services, and the provision of some of the funding requirements for the construction of the new airport terminal. CCHL is supportive of its companies as they deal with post-earthquake repairs and rebuild of assets and markets. 2 About CCHL Christchurch City Holdings Ltd (CCHL) is the commercial and investment arm of Christchurch City Council. The company is responsible for managing the Council’s investment in eight fully or partly-owned Council-controlled trading organisations – Orion New Zealand Ltd, Christchurch International Airport Ltd, Lyttelton Port Company Ltd, Enable Services Ltd, City Care CHRISTCHURCH Ltd, Red Bus Ltd, EcoCentral Ltd and Selwyn CITY HOLDINGS Plantation Board Ltd. -
2012 Annual Report
ANNUAL REPORT SECTION ONE: BUSINESS REVIEW 2 Year at a Glance 4 Chairman’s Report 6 Board of Directors 8 Chief Executive’s Report 10 Executive Team 18 Strategic Direction 20 Aeronautical Development 22 SECTION TWO: SUSTAINABLE GROWTH 24 Environment 25 Workplace Safety 29 Community Involvement 30 Corporate Social Responsibility 31 SECTION THREE: SUMMARY FINANCIAL STATEMENTS 32 Statement of Financial Performance 34 Statement of Comprehensive Income 35 Statement of Changes in Equity 35 Statement of Financial Position 36 Statement of Cash Flows 37 Accounting Policies 38 Comparison of Actual to Forecast Results 40 Five Year Summary 41 Financial Performance Overview 42 Directory 44 VOLUME TWO: FULL FINANCIAL STATEMENTS (available at www.cial.co.nz or on request) 2 BUSINESS REVIEW CHRISTCHURCH INTERNATIONAL AIRPORT | GENERATING VALUE & EMPLOYMENT FACTS ABOUT 3 CHRISTCHURCH INTERNATIONAL AIRPORT ROLE The airport company, sometimes referred to as The airport company is responsible for ensuring CIAL, is responsible for running Christchurch the airport meets all safety and compliance Airport. It owns the airport terminal and airfields, requirements for passengers, visitors and as well as more than 800 hectares of land. aircraft. As part of its safety provisions, the airport has its own Fire Service with four large Regular activities for the airport company state of the art fire-fighting vehicles, along with include ensuring the terminal building is several smaller vehicles, 35 firemen and a full- safe, clean and warm, patrolling the airfield, time Wildlife Officer whose role is to keep the maintaining runways, managing car parking airfield as free of birds and pests as possible. facilities and ensuring airlines, passengers, visitors and tenants have the services they need. -
Statement of Intent
Driving towards a sustainable future Statement of Intent For the year ended 30 June 2020 28 June 2019 Page 1 Contents Page Introduction 3 Nature and scope of activities 4 Our objectives 5 Performance targets 7 Key initiatives 8 Governance 11 Accounting policies 12 Investment policy 12 Remuneration policy 12 Distributions 13 Information to be provided to shareholder 13 Acquisition/divestment procedures 13 Compensation sought from local authority 14 Estimate of commercial value of shareholder investment 14 Role in the Christchurch City Council and regional economy 14 28 June 2019 Page 2 Introduction This Statement of Intent (SoI) is prepared by the Board of Directors of Red Bus Ltd (Red Bus) in accordance with Section 64(1) of the Local Government Act 2002. The SoI specifies for Red Bus the objectives, the nature and scope of the activities to be undertaken, and the performance targets and other measures by which the performance of the company may be judged in relation to its objectives. The SoI is a public and legally-required document, reviewed and agreed annually with its shareholder Christchurch City Holdings Ltd (CCHL) and covers a three-year period. This SoI is covers the period from 1 July 2019 to 30 June 2022. Contact details for both the Chair and Chief Executive at Red Bus’s registered office are: Address: 120 Ferry Road, Christchurch Telephone No: +64 3 379 4260 Web site: www.redbus.co.nz Email: [email protected] Red Bus Ltd is a council-controlled trading organisation (CCTO) for the purposes of the Local Government Act 2002. -
Corporate and Financial Committee Agenda
CORPORATE AND FINANCIAL COMMITTEE AGENDA FRIDAY 5 APRIL 2013 AT 9AM IN COMMITTEE ROOM 1, CIVIC OFFICES Committee: Councillor Helen Broughton (Chairperson), Councillors Ngaire Button, Tim Carter, Jimmy Chen, Jamie Gough and Yani Johanson Principal Adviser Committee Adviser Paul Anderson Rachael Brown Telephone: 941-8528 Telephone: 941-5249 PART A - MATTERS REQUIRING A COUNCIL DECISION PART B - REPORTS FOR INFORMATION PART C - DELEGATED DECISIONS INDEX ITEM DESCRIPTION PAGE NO. NO. PART C 1. APOLOGIES 1 PART B 2. DEPUTATIONS BY APPOINTMENT 1 PART A 3. DRAFT STATEMENTS OF INTENT FOR CIVIC BUILDING LIMITED, TUAM LIMITED, 3 WORLD BUSKERS’ FESTIVAL TRUST, ROD DONALD BANKS PENINSULA TRUST AND RICCARTON BUSH TRUST PART A 4. DRAFT STATEMENTS OF INTENT FOR CHRISTCHURCH AGENCY FOR ENERGY 5 TRUST BOARD, VBASE LIMITED AND NEW ZEALAND LOCAL GOVERNMENT FUNDING AGENCY LIMITED PART A 5. DRAFT STATEMENTS OF INTENT FOR CHRISTCHURCH CITY HOLDINGS LIMITED, 51 ORION NEW ZEALAND LIMITED, CHRISTCHURCH INTERNATIONAL AIRPORT LIMITED, LYTTELTON PORT COMPANY LIMITED, ENABLE SERVICES LIMITED, CITY CARE LIMITED, RED BUS LIMITED, ECOCENTRAL LIMITED AND CANTERBURY DEVELOPMENT CORPORATION HOLDINGS LIMITED PART A 6. 2012/13 HALF YEAR FINANCIAL STATEMENTS FOR CHRISTCHURCH CITY 267 HOLDINGS LIMITED AND NEW ZEALAND LOCAL GOVERNMENT FUNDING AGENCY LIMITED PART A 7. PROPERTY OPTIONS 36 WELLES STREET CENTRAL CITY 305 PART B 8. EARTHQUAKE FINANCIAL REPORT FOR FEBRUARY 2013 309 PART B 9. CORPORATE FINANCE REPORT FOR PERIOD ENDED 28 FEBRUARY 2013 317 We’re on the Web! www.ccc.govt.nz/Council/Agendas/ CORPORATE AND FINANCIAL COMMITTEE 5. 4. 2013 PART B 10. THE APPOINTMENT OF DIRECTORS TO NON-CCHL MANAGED COUNCIL- 323 CONTROLLED ORGANISATIONS. -
Joint Memorandum of Counsel for Orion New Zealand Limited and Christchurch City Council Relating to Drafting Matters Arising from Residential (Part) Stage 1 Decision
Before the Independent Hearings Panel at Christchurch under: the Resource Management Act 1991 and the Canterbury Earthquake (Christchurch Replacement District Plan) Order 2014 in the matter of: submissions and further submissions in relation to the proposed Christchurch Replacement District Plan and: The Residential (part) Stage 1 Proposal and: Orion New Zealand Limited Submitter 922 / F-1339 and: Christchurch City Council Joint Memorandum of counsel for Orion New Zealand Limited and Christchurch City Council relating to drafting matters arising from Residential (part) Stage 1 decision Date: 15 January 2016 REFERENCE: JM Appleyard ([email protected]) 2 MEMORANDUM OF COUNSEL FOR ORION NEW ZEALAND LIMITED AND CHRISTCHURCH CITY COUNCIL RELATING TO DRAFTING MATTERS ARISING FROM RESIDENTIAL (PART) STAGE 1 DECISION May it please the Panel: 1 This memorandum is filed on behalf of Orion New Zealand Limited (Orion), submitter 922 and the Christchurch City Council (Council) in respect of Decision 10, dated 11 December 2015, which outlines the Panel’s decision on the stage 1 Residential (part) proposal. 2 Since submitting its amended memorandum dated 16th December 2015, errors in the referencing of provisions have come to Orion’s attention. Those errors relate to the reference made to the identified non-complying rule provision numbers that Orion brought to the Panel’s attention. The error occurs in three places within the memorandum and is identified and corrected in this memorandum. 3 Paragraph 3 of the amended memorandum requires amendment as follows (shown in underlining and strikethrough): Orion notes that in Rule 14.4.2.5 NC2 14.2.2.5 NC7, 14.3.2.5 NC3, and 14.4.2.5 NC2 there is no clause b. -
Annual Plan, 1996
Annual Plan for the year ending 30 June 1997 Adopted by the Christchurch City Council on 31 July 1996 WE CHOOSE RECYCLED PAPER Published on 28 August 1996 by the Office of the City Manager, Christchurch City Council, in compliance with s.223D of the Local Government Act 1974 (as amended), ISSN 1171-8714 P O Box 237, Christchurch, New Zealand. The Christchurch City Council's world wide web address is: http://www.ccc.govt.nz/ or email: [email protected] Tel: (03) 379 1660. Fax: (03) 371 1786 MISSION STATEMENT OF THE CHRISTCHURCH CITY COUNCIL To provide a system of local government for the community of Christchurch which: • is responsive to local needs; • gives strong expression to local identity; • strikes a balance between democracy, effectiveness, and efficiency; • is highly accountable for its actions; • advocates in the interest of the whole community; • adds value and employment to the city's economy; • enhances the quality of the city's environment; • is based on sustainable management principles; • efficiently delivers high quality services; • maintains an effective working partnership with central government and the regional unit of local government; • is both a good corporate citizen and a good employer. TE KAUPAPA E WHAIA E TE KAUNIHERA O TE TAONE NUI O OTAUTAHI Kia whakaritea tetahi ara mo te kawanatanga-a-taone mo nga iwi o otautahi • kia aro atu ki nga hiahia-a-rohe • kia tino whakaataria nga ahuatanga o te taone nei • kia whakaritea te kawanatanga horite kia tika tonu, kia kakama hoki • kia whakaae ki te hiki pikau mo -
Orion New Zealand Limited
Orion New Zealand Limited Statement of intent For FY19, FY20 and FY21 Approved by the Orion board 5 April 2018 Orion – SOI for FY19, FY20 and FY21 Contents A Introduction 3 B Our key roles and our objectives 4 C Our governance 7 D Our capital structure and our dividends 9 E Acquisitions and divestments 9 F Our relationships with our shareholders and with the wider CCC/SDC group 9 G How we will report to our shareholders 10 H The commercial value of our shareholders' investment 10 Appendix 1 Our financial performance targets 11 Appendix 2 Our network reliability targets 12 Appendix 3 Our network development targets 13 Appendix 4 Our environmental targets 14 Appendix 5 Our health and safety targets 16 Appendix 6 Our community and employment targets 17 Head office Directors 565 Wairakei Road Nick Miller – chairman PO Box 13896 John Austin Christchurch 8141 Nicola Crauford New Zealand Bruce Gemmell Jason McDonald Geoff Vazey Phone: + 64 3 363 9898 Fax: + 64 3 363 9899 Chief Executive Officer Email: [email protected] Rob Jamieson Website: oriongroup.co.nz Twitter: twitter.com/orionnz Orion – SOI for FY19, FY20 and FY21 Page 2 of 17 A Introduction Our customers rely on the electricity we deliver in Christchurch and central Canterbury. Keeping this vital ‘lifelines’ infrastructure operating safely and sustainably is our top priority. This statement of intent (SOI) sets out Orion New Zealand Limited’s (Orion’s) overall intentions and objectives. This SOI also covers our wholly-owned subsidiary companies, Connetics Limited and Orion New Zealand Ventures Limited. Orion and its subsidiaries are energy companies, pursuant to the Energy Companies Act 1992. -
Christchurch Place Names: N - Z
Christchurch Place Names: N - Z Current name Former Origin of name Where Additional information See Source Related sources name Naughty Boys’ In 1961 two boys, In the Avon Created in the 1950s Our Environment “Two boys die after Island Frank Raymond River between when a new river Issue 14 Autumn 1998 cave in soft soil Murray, 12 and Evans Avenue channel was dredged in collapses”, The Peter Edward and Kibblewhite the Avon River near Press, 28 April Leary, 13, Street, New Tovey Street at South 1961, p 12 suffocated after a Brighton. New Brighton to ease tunnel they were flooding problems. It is a digging caved in 400m long island, on them. Local accessible only through residents say the ankle deep mud and has name of the island always been a magnet appears to be for adventurous boys. linked to that Boarded up tunnels can tragedy. still be seen on the island. New Brighton The often-quoted story Rainestown "New Brighton", "Brighton's pioneers of the naming of New Lyttelton Times, 13 are recalled", Brighton has five men April 1868, p 2 Christchurch Star- bringing their bullock “O-rua-paeroa”, Star, Sun, 3 October through modern day 8 May 1896, p 2 1949, p 2 Wainoni in 1860, "Imagine... buying crossing the Avon, “New Brighton New Brighton for settling and buying land memories”, Star, 12 February 1895, p 2 ₤300", Pegasus in the area of the park Post, 20 April 1977, adjacent to the Bower “Early New p 12 Hotel site. A plaque in Brighton”, Star, 20 the park commemorates The Borough of © Christchurch City Libraries February 2016 Page 1 of 156 Christchurch Place Names: N - Z Current name Former Origin of name Where Additional information See Source Related sources name their arrival. -
About the SCAPE Public Art Season 2019 & SCAPE's Legacy Public
About the SCAPE Public Art Season 2019 & SCAPE’s Legacy Public Artworks Phil Price Anton Parsons Julia Morison Judy Millar Mischa Kuball David McCracken Seung Yul Oh Nucleus 2006 Passing Time 2010/11 Tree Houses for Swamp Call me Snake 2015 Solidarity Grid 2013/15 Diminish and Ascend 2014 Conduct Cumulus 2017 Dwellers 2013 Nau mai, haere mai – welcome to SCAPE’s Season 2019, a citywide festival that ignites Ōtautahi Christchurch’s outdoor SCAPE Public Art Season 2019 spaces with stunning new contemporary artworks and events 5 October - for all. 16 November Join us for our 21st year and enjoy more than a dozen new temporary artworks by local and internationally renowned Ka tipu te whaihanga artists, plus re-visit SCAPE’s impressive base of 15 legacy Creativity will strengthen works – pictured here. Playful strategy or a battle of wills: SCAPE Public Art 2019 takes the iconic game Rock, Paper, Scissors as its starting point. The artworks that populate the city make us think and feel: about what home means, the emotional resonance of materials and the patterns and rituals that help us make sense of the world. Running from 5 October to 16 November, SCAPE Season 2019’s Managing Curator Emma Bugden has selected over a dozen artworks for the city in spring from local, national and international artists. We invite locals and visitors to Art Explore. Regan Gentry Rachael Dewhirst Neil Dawson Peter Atkins Antony Gormley Antony Gormley Nathan Pohio Sēmisi Fetokai Potauaine Flour Power 2008 Kaleidoscopic Nights 2012 Fanfare 2004/15 Under Construction - STAY 2015/16 STAY 2015/16 Raise the anchor, unfurl the VAKA ‘A HINA 2019 The artworks are linked via the SCAPE Public Art Walkway Chaos and Order sails, set course to the centre and are complemented by a stimulating assortment of free interactive activities which you can read more about below. -
Christchurch International Airport Ltd Specified Airport Annual
CHRISTCHURCH INTERNATIONAL AIRPORT LTD SPECIFIED AIRPORT ANNUAL INFORMATION DISCLOSURE YEAR ENDED 30 JUNE 2019 30 November 2019 1 EXECUTIVE SUMMARY INTRODUCTION 1. CIAL’s Regulatory Context Christchurch International Airport Limited (“CIAL”) is subject to a detailed and effective regulatory regime: . Under the Airport Authorities Act 1966 (“AAA”), CIAL is entitled to set prices for airport services and facilities, so long as it consults with its substantial customers in the price setting process. CIAL is also governed by the Input Methodologies regime, which influences how CIAL calculates its allowable revenue, sets prices, and makes public disclosures. Under the Input Methodologies regime: - Specific guidance is established by the Commerce Act (Specified Airport Services Input Methodologies) Determination, explaining how airports ought to calculate (for the purposes of pricing) certain inputs such as cost of capital and depreciation; - Airports are required by the Airport Services Information Disclosure Determination (“ID Determination”) to disclose information on costs and profitability in accordance with the Input Methodologies annually (this being one such disclosure) and following a price setting event (the last disclosure relating to the reset of aeronautical prices being published in August 2017); and - The Commerce Commission (“the Commission”) is required by section 53B(2)(b) of the Commerce Act to review CIAL’s disclosures and publish a summary and analysis of the disclosed information for the purpose of understanding CIAL’s performance. The Input Methodologies (“IMs”) are an important input to regulation under Part 4. The purpose of IMs is to provide certainty to both regulated suppliers and consumers about the rules, requirements and processes applying to Part 4 regulation.