Restaurant Brands

Total Page:16

File Type:pdf, Size:1020Kb

Restaurant Brands Restaurant Brands Corporate Social Responsibility 2014 About this Report: A First Step Towards Establishing a CSR Framework and Programme Our vision is to be an enduring, innovative company, respected as the leading operator of great brands. To achieve this there are four interdependent elements that sustain the health and vitality of our company – People, Food, Planet and Progress. We recognise our responsibility to make a positive contribution and to manage the impacts our operations have on people and the planet. That’s why we’re committed to operating our businesses in a manner that’s professional, responsible and sustainable. This document outlines our current position with a view that we will work towards establishing a more robust CSR framework and programme with CSR goals embedded into our business strategies, operations and culture. PEOPLE Restaurant Brands depends on the support of Kiwi consumers and partnerships with employees, suppliers, franchisees, franchisors, communities and investors to grow a sustainable, innovative and enduring company. Employees Training and Development Our employees are at the heart of our business We have trained thousands of new employees and critical to its success. That’s why our values from basic food handling skills to restaurant are an important part of our induction process manager level and beyond. It’s one of our and the way our staff work every day. strengths, developing our people and their skills at every level. Our focus is on developing the people we have and reducing turnover. We’re doing this by being a good employer that: • Offers competitive remuneration to attract and retain skilled employees. We are one 3691 of several other large retail employers staff nationwide applauded for the decision not to reintroduce youth rates. • Constantly updates training and education programmes for employees across all our brands. • Invests in new programmes for our managers to improve their knowledge and capabilities. • Provides greater job security through the improved scheduling of labour shifts in our stores to maximise individual hours. • Identifies talented employees and provides clear paths for their career development. 1 | Restaurant Brands – Corporate Social Responsibility 2014 PEOPLE(continued) Safe Healthy Workplaces Equality and Diversity The health and safety of our employees and Restaurant Brands is an equal opportunity customers is paramount. We have an excellent employer and our employees celebrate and record for workplace health and safety. reflect the diversity of the communities we serve. They range in age from “ We have set ourselves the goal of zero loss of work days [from injury] across all our brands.” Everyone in our organisation has a responsibility for health and safety. All employees working in • 23 years average age of our employees our stores must complete Health and Safety and Food Safety (Unit Standard 167) training, as well • 1st job for many people as demonstrate ongoing competency. Communities Our primary contribution to the communities we we’re serve is through our business operations. Jobs, wages/salaries, tax payments, dividends, goods proud and services purchased, investment in existing and new stores. Tertiary level member of ACC Accredited Employers Programme. Member of Business Leaders’ Health and Safety Forum. 2 | Restaurant Brands – Corporate Social Responsibility 2014 PEOPLE(continued) Along with our economic contribution, we’re also involved in the community supporting Surf Live Saving New Zealand NZPWG Anita Boon Pro-AM In October 2012, we launched our KFC Through our sponsorship of the 2013 partnership with Surf Life Saving New Zealand tournament a Golf Scholarship will be provided aiming to keep Kiwis surf safe. As well as raising to a budding Kiwi woman golfer and money funds for the charity, KFC runs a multi-lingual donated to the New Zealand Gynaecological water safety education campaign communicating Cancer Foundation. water safety messages to prevent drowning and injury at our beaches. $2 $10k donated from every golf scholarship KFC Surf Safe Variety Bucket sold $10,000 donated to • $174,000 raised in 2014. NZ Gynaecological Cancer Foundation • 600,000 tray mats printed with water safety messages • 73 SLSNZ Clubs in NZ. Partnered with their local KFC store to raise funds. Condor Sevens KFC is a proud sponsor of the Condor Sevens, a secondary school level regional tournament, supporting sevens at a grassroots level. 3 | Restaurant Brands – Corporate Social Responsibility 2014 PEOPLE(continued) World Hunger Relief Starbucks Global Month Global of Service Through our affiliation with Yum! Brands, Throughout the year, Starbucks global we support the annual World Hunger Relief employeesMonth and customersof Service volunteer on campaign by raising funds for the World projects to create positive change in their Food Programme through our Pizza Hut and local neighbourhoods. KFC stores. In New Zealand this year we • $63,000 raised in 2013 in NZ supported four Starbucks employees in the Oxfam • 120 countries $3688 Trailwalk raising funds for raised for Oxfam NZ • 38,000 KFC, Pizza Hut and Taco Bell Oxfam New Zealand. stores globally Starbucks also supports CanTeen Auckland • 1 million employees globally by hosting their monthly support meetings for families affected by cancer. Starbucks provides the venue and complimentary beverages for these meetings. 4 | Restaurant Brands – Corporate Social Responsibility 2014 FOOD Everyday we serve high quality, delicious food to over 60,000 customers in our stores. Food Safety Wellbeing From our trusted suppliers, We recognise that obesity is a serious health through our kitchens and issue in New Zealand. Both the cause and the onto your plate our food solution to the issue are complex, requiring safety system and external everyone to play their part. That’s why we audits deliver great tasting, continue to focus on making improvements to safe food in our stores. the nutritional composition of our food. • 184184 stores stores routinely audited routinely by Environmental audited by Health Officers Ministry of Primary Industries andEnvironmental NZ Food Safety Authority Health administer Officers our Food Control Plan. • Ministry for Primary Industries and NZ Food 10% Safety Authority administer our Food less sodium Control Plan • 2010 – overall reduction of 10% sodium in all KFC products • 2011 – KFC & Pizza Hut move to canola and sunflower oil • 2012 – Cut sugar content in KFC burger buns by more than ½ and dinner rolls by 2/3 • Sugar content in buns and rolls now 3g/100g • Less than 0.1gms of trans fats in KFC and Pizza Hut products • Only Sugar Free beverages promoted Transparency We provide detailed nutritional information in store and on our website so customers know exactly what’s in our food so they can choose what’s right for them. 5 | Restaurant Brands – Corporate Social Responsibility 2014 FOOD(continued) Responsible Marketing Ingredients We don’t advertise or market our products directly to kids. 90% sourced locally • 90% of ingredients sourced locally Member NZ Food Industry Group, QSR Forum • 100% grain-fed and barn raised chickens • As a member of the Forum each year we We’re proud to support our trusted local participate in a survey about what’s in our suppliers as part of our ethical purchasing and food, which is reviewed by Government procurement. agencies, like Health Promotion Agency. • KFC chicken is delivered fresh daily from Inghams and Tegel who we have worked closely with for many years. All our chicken is grain-fed and barn raised under tightly regulated and monitored standards overseen by PIANZ, the Ministry for Primary Industries and the National Animal Welfare Committee (NAWAC). • Starbucks has the C.A.F.E (Coffee and Farmer Equity) Practices, which are designed to create a better future for coffee farmers. C.A.F.E is based on a shared interest to sustain the production of high quality coffee produced in environmentally and socially responsible ways. 6 | Restaurant Brands – Corporate Social Responsibility 2014 PLANET As a business we are conscious of our environmental responsibilities and the careful use of resources. Packaging Waste We source all packaging from sustainable One of our biggest waste products is cooking timbers grown locally and overseas. This year oil. All oil used by KFC, Pizza Hut and Carl’s Jr. we moved to replace plastic bags with recycled is collected by Transpacific for recycling. Grease paper bags. traps are installed in all our stores to ensure oil does not enter the waste water system. 100% sustainable 10% timber bio-diesel • 70% of packaging sourced locally • 100% cooking oil is recycled • 100% KFC packaging sourced from sustainable timber • 10% used in the manufacture of bio-diesel for local use • Zero packaging sourced from Asian pulp and paper • 90% exported to make soap Recycling Energy Use All our stores sort, compact and collect their We actively participate in Yum! Energy Saving cardboard and paper for recycling each week. initiatives. Yum! has set up a world-class operations team to work on energy efficient At Starbucks we recycle our coffee grounds by opportunities, which we benefit from in packaging them up for free so our customers New Zealand. can take them home to use as garden compost. • We’re always looking to reduce our energy footprint through the way we work, the technology we use and the buildings 80% we create. recycled • Since 2005 we have monitored live power usage in our KFC stores to reduce peak • 80% of cardboard and paper from our stores load and encourage employees to turn off is recycled each week equipment when it’s not in use. Future improvements to this system are underway to gain remote access to all sites to ensure power shedding parameters are accurate. • We recently developed an in-house system to compare KFC stores sales versus power usage, highlighting any potential inefficiencies in energy use. 7 | Restaurant Brands – Corporate Social Responsibility 2014 PROGRESS Restaurant Brands is the NZX listed New Zealand operator of some of the world’s most famous QSR brands with 176 stores throughout the country.
Recommended publications
  • 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]
  • MDZ NTA Template
    21 February 2011 SmartMIDZ Allotment Notice The manager of the SmartMIDZ advises that as at close of business on 18 February 2011 a total of nil units had been allotted or redeemed since 17 February 2011. The total number of units on issue on that day was 16,604,768. The asset backing for each SmartMIDZ unit at close of business on 18 February 2011 was $2.24769 Smartshares will publish updated basket compositions daily to the market - for today's basket composition please see below. smartMIDZ Basket Composition Composition of a basket of securities and cash equivalent to 200,000 NZX Midcap Index Fund units effective from 21 - February -11 The new basket composition applies to applications and withdrawals. Cash Portion: $9,306.20 Code Security description Shares ABA Abano Healthcare Group Limited Ordinary Shares 185 AIR Air New Zealand Limited (NS) Ordinary Shares 10,990 ANO AMP NZ Office Trust Ordinary Units 32,526 ARG Argosy Property Trust Ordinary Units 16,833 CAV Cavalier Corporation Limited Ordinary Shares 1,992 DNZ DNZ Property Fund Limited Ordinary Shares 10,043 EBO Ebos Group Limited Ordinary Shares 2,110 FPA Fisher & Paykel Appliances Holdings Limited Ordinary Shares 23,598 FRE Freightways Limited Ordinary Shares 6,257 GMT Macquarie Goodman Property Trust Ordinary Units 31,671 HLG Hallenstein Glasson Holdings Limited Ordinary Shares 1,844 KMD Kathmandu Holdings Limited Ordinary Shares 2,223 MFT Mainfreight Limited Ordinary Shares 3,285 MHI Michael Hill International Limited Ordinary Shares 5,604 NPX Nuplex Industries Limited Ordinary
    [Show full text]
  • Kingfish Monthly Update
    Monthly Update October 2017 KFL NAV SHARE PRICE DISCOUNT $1.41 $1.28 9.1% as at 30 September 2017 A word from the Manager – Quality Pays Fisher Funds’ Chief Investment Officer, Frank Jasper Quality pays — Profits over time explains what ‘quality’ means when looking to invest. 220 We talk a lot about “quality” when we consider potential Company 1 — High Quality investments for the Kingfish portfolio. The idea of quality is 200 central to the STEEPP investment process which is the lens we use whenever we look at a company. 180 One of the most important measures of a company’s quality 160 are the returns that it is able to generate on each dollar that Profil ($) it invests on behalf of shareholders. This is common sense. 140 Company 2 — Lower Quality If a company can earn a 15% return on every dollar invested versus another company that only earns 5%, it is pretty 120 obvious that the company generating the 15% return is a 100 higher quality company. 0 1 2 3 4 5 6 7 8 9 10 Source: Fisher Funds While this may be obvious, it understates just how important high returns on invested capital are to creating future value It’s pretty clear which of these two companies you would for shareholders. want to own. Quality really does pay off in the long run and Let’s imagine two companies. Both of our mythical companies it’s these quality companies that we seek to own. earn $100 profit this year. Typically a company would pay Speaking of quality, during the quarter we introduced Xero some of these profits out as dividends and retain some of into the Kingfish portfolio.
    [Show full text]
  • Restaurant Brands Q4 Sales Announcement
    Restaurant Brands New Zealand Limited 29 January 2021 ASX/NZX Restaurant Brands Announces Total Sales for the 2020 Financial Year Restaurant Brands’ total sales for the year to December 2020 were $892.4 million, an increase of 2.1% across the businesses it operated for the full year and up 8.4% when including four months trading from its recent California acquisition. For the fourth quarter of the financial year (three months to 31 December 2020) total sales were $269.1 million, an increase of $54.5 million driven primarily by the inclusion of trading for the California acquisition. Total sales for the fourth quarter after excluding the California acquisition were up 7.4% on the equivalent period last year due to strong same store sales growth, particularly in Hawaii and New Zealand. COVID-19 had a significant negative effect on total annual sales for the New Zealand market as a result of the full closure of the business for five weeks and reduced dine-in sales. The ongoing global situation continues to affect all overseas markets. Company owned store numbers were up by 64 on the equivalent period last year to 348, primarily following the acquisition of 69 stores in California in September 2020. New Zealand Full year sales for New Zealand were $410.4 million, a decrease of 4.3% in total as a direct result of five weeks of Government-mandated full store closures earlier in the year. During the full store closures estimated lost sales were $40 million most of which were not recovered over the balance of the year.
    [Show 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.
    [Show full text]
  • For Personal Use Only Use Personal for Edging Towards Our $1 Billion Dollar Target
    Restaurant Brands New Zealand Limited Annual Report 31 December 2019 What’s new on the menu? For personal use only Edging towards our $1 billion dollar target. Opening 100 new stores in the next five years. Expanding in the USA. For personal use only And that’s just for starters. 02 Restaurant Brands New Zealand Limited Annual Report 31 December 2019 03 Contents A new annual report already. There’s a lot We’ve changed our financial year to Financial highlights 04 happening, end on 31 December, reflecting just ten Year in review 05 months of trading. The report is earlier we’re increasing than usual to align with that of our new Chairman and CEO’s report 14 our appetite. majority owner, Finaccess Capital, which Q&A with José Parés 24 acquired a 75% stake in Restaurant Global brands. Local taste 28 Brands in April 2019. In addition, Yum!, our company’s major franchisor, also Fans are lining up 30 balances at the end of December. Sustainability 34 The latter half of the year has seen Operations reports 38 Restaurant Brands surge to an Board of directors 50 unprecedented level of performance. Our performance domestically and Consolidated income statement 53 internationally continues to take our Non-GAAP financial measures 55 growth even further, reaching ever Financial statements December 2019 56 closer to our billion dollar revenue goal. Independent auditor’s report 93 Taco Bell continues to succeed with double-digit growth in sales in Shareholder information 98 Hawaii thanks to our recent store Statutory information 100 refurbishment programme. And with Statement of corporate governance 103 consumer anticipation at a high, we’ve just launched the brand in New Zealand Corporate directory 112 and Australia, where we expect similar Financial calendar 112 significant growth.
    [Show full text]
  • STOXX Pacific 100 Last Updated: 01.08.2017
    STOXX Pacific 100 Last Updated: 01.08.2017 Rank Rank (PREVIOU ISIN Sedol RIC Int.Key Company Name Country Currency Component FF Mcap (BEUR) (FINAL) S) AU000000CBA7 6215035 CBA.AX 621503 Commonwealth Bank of Australia AU AUD Y 98.1 1 1 AU000000WBC1 6076146 WBC.AX 607614 Westpac Banking Corp. AU AUD Y 72.3 2 2 AU000000ANZ3 6065586 ANZ.AX 606558 Australia & New Zealand Bankin AU AUD Y 58.9 3 3 AU000000BHP4 6144690 BHP.AX 614469 BHP Billiton Ltd. AU AUD Y 56.2 4 5 AU000000NAB4 6624608 NAB.AX 662460 National Australia Bank Ltd. AU AUD Y 54.3 5 4 AU000000CSL8 6185495 CSL.AX 618549 CSL Ltd. AU AUD Y 38.8 6 6 AU000000TLS2 6087289 TLS.AX 608545 Telstra Corp. Ltd. AU AUD Y 33.0 7 7 AU000000WES1 6948836 WES.AX 694883 Wesfarmers Ltd. AU AUD Y 31.3 8 8 AU000000WOW2 6981239 WOW.AX 698123 Woolworths Ltd. AU AUD Y 23.4 9 9 AU000000RIO1 6220103 RIO.AX 622010 Rio Tinto Ltd. AU AUD Y 18.9 10 11 AU000000MQG1 B28YTC2 MQG.AX 655135 Macquarie Group Ltd. AU AUD Y 18.6 11 10 AU000000TCL6 6200882 TCL.AX 689933 Transurban Group AU AUD Y 15.9 12 12 AU000000SCG8 BLZH0Z7 SCG.AX AU01Z4 SCENTRE GROUP AU AUD Y 14.9 13 14 AU000000WPL2 6979728 WPL.AX 697972 Woodside Petroleum Ltd. AU AUD Y 14.4 14 13 AU000000SUN6 6585084 SUN.AX 658508 SUNCORP GROUP LTD. AU AUD Y 12.5 15 15 AU000000AMC4 6066608 AMC.AX 606660 Amcor Ltd. AU AUD Y 12.0 16 16 AU000000QBE9 6715740 QBE.AX 671574 QBE Insurance Group Ltd.
    [Show full text]
  • Annual Report Year Ended 30 June 2020
    Annual Report Year Ended 30 June 2020 Contents GENERAL CORPORATE GOVERNANCE STATEMENT 4 Chair’s Review AND OTHER DISCLOSURES 6 Chief Executive Officer’s Review 123 Corporate Governance Statement 9 About this Annual Report 134 Remuneration Report 10 Year in Review 145 Shareholder and Bondholder Information 12 Creating Value 148 Directors’ Disclosures 16 Performance 149 Company Disclosures 18 Diversity Snapshot 21 Group Strategy FINANCIAL STATEMENTS 29 About SkyCity 156 Independent Auditor’s Report 31 Auckland 164 Income Statement 34 Hamilton 165 Statement of Comprehensive Income 37 Adelaide 166 Balance Sheet 39 Queenstown 168 Statement of Changes in Equity 41 International Business 169 Statement of Cash Flows 43 Online 170 Notes to the Financial Statements 45 Risk Profile and Management 53 Our Board 224 RECONCILIATION OF NORMALISED RESULTS 56 Our Senior Leadership Team TO REPORTED RESULTS SUSTAINABILITY 228 GRI CONTENT INDEX 63 Sustainability 69 Our Customers 232 GLOSSARY 79 Our People 233 DIRECTORY 93 Our Communities 101 Our Suppliers 111 Our Environment 120 Independent Limited Assurance Statement ANNUAL MEETING Due to the ongoing impacts of COVID-19, the 2020 SkyCity Annual Meeting will be held virtually via an online platform on 16 October 2020 commencing at 1.00pm (New Zealand time). Instructions and further details on how shareholders can participate in the virtual Annual Meeting will be included in the Notice of Meeting. 3 Chair’s Review The 2020 financial year was a tough one for SkyCity and its stakeholders. The external events which impacted the year are well known and the financial performance of the company reflects those events. It also reflects a great deal of skill, energy and support from our stakeholders across the board to react to those events.
    [Show full text]
  • FS IISNZSF 20210331 Class a Instintfi 464017
    31 March 2021 Russell Investments NZ Shares Fund Fund facts Rolling 1 year performance history Inception date Fund Benchmark 14 February 2013 40% Benchmark 30% S&P/NZX 50 Index (gross) 20% and including imputation credits 10% Currency 0% 2014 2015 2016 2017 2018 2019 2020 2021 NZD Performance review Period ending 31/03/2021 1 3 1 3 5 Since month months year years years inception % % % %p.a. %p.a. %p.a. Gross fund performance 3.3 -2.8 31.3 16.4 14.6 16.1 Benchmark return* 2.9 -3.9 28.9 15.7 14.3 15.6 Excess return 0.4 1.1 2.4 0.7 0.3 0.5 *From 1 July 2016 this is S&P/NZX 50 Index (gross and including imputation credits). Prior to 30 June 2016 this was the Russell New Zealand Domestic Index including imputation credits (previously known as the Russell NZ Tradable Gross Index). Prior to 1 December 2014 the benchmark was the NZX50 Index including imputation credits. Performance is calculated on exit price. Fund commentary The Russell Investments New Zealand Shares Fund outperformed the benchmark in March quarter. Contributing to the Fund’s outperformance was an overweight exposure and strong stock selection within the financials sector; namely an overweight to Australia and New Zealand Banking Group, which jumped almost 30% on the back of recovery expectations. The stock remains amongst our largest overweight holdings. A material underweight to the utilities space, which underperformed amid the sharp rise in bond yields we saw over the period, was also positive.
    [Show full text]