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G.69 ANNUAL REPORT 2015 FOR THE YEAR ENDED 31 DECEMBER 2015 NEW ZEALAND SYMPHONY ORCHESTRA TE TIRA PŪORO O AOTEAROA TO OUR NZSO SUPPORTERS: Thank you. Maestro Circle ($10,000+) Prue Cotter Patricia Bollard Mark Stratford Denis & Verna Adam Rev GL & M Crawford Hon. John Boscawen Heather & Steve Thompson Lisa Bates & Douglas Hawkins Mark De Jong Hugh & Jill Brewerton Jasmine & Kevin Thompson Donald & Susan Best Alfie & Susie Des Tombe John & Christine Brook Hugh & Marion Townend Peter Biggs CNZM & Mary Biggs Christopher Downs JE Brown Judith Trotter Sir Roderick & Gillian, Lady Deane Michiel During & Cathy Ferguson Alison Buchanan & Eric Johnston Vivien Ward Peter & Carolyn Diessl Waltraut & Dieter Engel Robert & Penney Cameron Frank Webster The FAME Trust Robert & Charlotte Fisher Robert Carew Peter & Jane Webster Dame Bronwen Holdsworth DNZM Ian Fraser Malcolm & Margaret Carr Rudolph & Valeria Wenk JBWere Ian Fraser & Suzanne Snively Noel Carroll Joan Wilkinson Paul McArthur & Danika Charlton Russell & Judy Gibbard Angela Caughey David Williams Mary Fitzwilliam Award Michael & Creena Gibbons Yvonne Chetwin Anna Wilson Julie Nevett Garry & Susan Gould Lorraine & Rick Christie Dr Alan Wright Anonymous Laurence Greig Lady Patricia Clark Nicola Young Dr John Grigor Jeremy Commons & the late Anonymous (23) Virtuoso Circle ($5,000+) Robin Henderson David Carson-Parker Julian & Selma Arnhold Antonia Hill Vivienne Coppell Trusts & Foundations Rex Benson Prof Les Holborow Richard & Valerie Crooks APRA AMCOS Mal & Lizzie Brow C & K Hoolihan Jane Crosse Blue Sky Community Trust Marie & Brendan Brown Margaret & John Hunn Drs JD & SJ Cullington Infinity Foundation Myles Gazley Dr Lynnette Jones and Deborah Mills Tania Dyett Marlborough District Council Holdsworth Charitable Trust Morgan & Patricia Jones Sas Fookes Rata Foundation Tomas & Jan Huppert Fenton & Felicity Kelly Elizabeth Foster Sargood Bequest Dr Hylton LeGrice CNZM, OBE Annette & Ralph Lendrum Gerrard & Marti Friedlander Thomas George Macarthy Trust & Ms Angela Lindsay Ian Macalister Judy & Bryan Frost Trust Aoraki Clare & Justin Murray Piera McArthur Ruth & Peter Gadgil Wagner NZ Foundation Collin Post & Brenda Young Claire Mc Donald Belinda Galbraith Les Taylor QC Jennie McInnes Michelle & Chris Gallagher Vincent Aspey Society Roger Taylor MNZM & Catherine Taylor Campbell McLachlan & Rhona Fraser Joe Geldof (Notified Legacies) Katrina Todd Jim Mann Sandra Greenfield Leslie Austin The Wallace Foundation Christopher & Jilly Marshall Anne Hall Bryan Crawford Anonymous (2) Patricia Morrison QSM Ian & Wendy Haynes Murray Eggers Roger and Jenny Mountfort Geoff Henley & Helene Quilter D J Foley Orchestra Circle ($2,500+) Ian & Kim New Dr Graham Hill & Joan Caulfield Maggie Harris Ted & Ann Aspey Mike Nicolaidi & Michael Houstoun Don & Janine Hunn Eric Johnston & Alison Buchanan Paul & Sheryl Baines Tim & Lorraine Olphert David N Jenkinson Lynette Jones & Deborah Mills Virginia Breen Fay Pankhurst Judith Knibb Anna Marion Allison & Victor Diem Gary & Dot Paykel Jenny Lane Shar Miles Diana Duff-Staniland Rev Dr Barbara Peddie Owen & Lois Lawn Mary O’Brien Penelope England & Wendy Lee Phillippa Poole & Paul Gilkison Geoff & Elizabeth Lee Mr Robinson Bill & Olive Falconer Ross & Judith Pottinger Howard Livingston Peter & Juliet Rowe Fehl Charitable Trust Ailsa Salt Barbara Mabbett Keith L Stichbury K & P Hammond Paul Selwyn-Smith Margaret Mabbett Anonymous (16) David Lord & Tracy Grant Lord Ken Sheldrick Mrs Linda Macfarlane Joseph Lupi Gendie & Richard Somerville-Ryan Ann Mallinson (Realised Legacies 2007–2014) Athol & Ngaire Mann Martin & Catherine Spencer Kevin & Julie Marshall Mrs Ursula Bayfield Alison Morton Martyn & Shona Spencer Carole McIntosh Peter Brooks Peter & Juliet Rowe Ross Steele Bruce McKinnon* Judith Clark Heather Simpson Lady Tait Jeff & Marise McNeill William Clayton Margaret Trotter Alison Thomson John Meads & Anne Marie Moorhead Frederick Coad Anonymous (1) Ken & Mary Thomson Glenda & Peter Menzies Joan Dingley Dame Catherine Tizard Phillippa Middleton Margaret Everton Artist Circle ($1,000+) Ann Trotter Shinji & Keiko Morimoto The FAME Trust Ron & Joan Adams Louise & Johnstone Walker Inge Nusselder Mary Fitzwilliam Jack & Elizabeth Alison A R. (Bob) Wallis Brian & Christine Peak Valerie & Kelvin Grant Odette Alleyne (née Outtrim) Michael & Margaret Walls Alan & Luba Perry Allan Silas Jenkins & Alan Evans Peter & Kathryn Walls Glennis, Lady Pettigrew William Johnstone H.B. Angus David Weatherburn & Maxine Dixon Quiet Enterprise Zita Outtrim Geoff & Vivien Atkinson Carla and John Wild Tony Reeve Erika Schorss Anita Banbury Tim Wilkinson & Lynette Murdoch Fiona Rhodes Monica Taylor Mark Barrow Ann Wylie Helen & John Rimmer Lesley Wyatt Margie Beattie & John Barlow David & the late Helen Zwartz Miles Rogers Geoffrey Beadel Anonymous (14) Dr Mary Ronnie Endowed Funds The David & Genevieve Judith Ross June Violet Commons Fund Becroft Foundation Sonata Donor ($500+) Damien Rundell Emma & Jack Griffin Charitable Trust John & Donna Bennett Jean Atchinson Dr Anne-Marie Schleich & Cheng Tan Reeves Harris Orchestra Fund Mary E Brown Warren & Margaret Austad James Seymour Take Note Trust Alan & Sandy Bulmer Leslie Austin Warwick Slinn Molly Chapman Michael & Judith Bassett Robyn Smith *current musicians with the NZSO Anne Coney Philippa Bates Peter & Kay Squires Alison Cook Usha Bhana John Stoddart For more information on how you too can become a NZSO Supporter visit www.nzso.co.nz ANNUAL REPORT The Board have pleasure in presenting the Annual Report for the New Zealand Symphony Orchestra for the year ended 31 December 2015. DONALD BEST PETER DIESSL BOARD CHAIR BOARD MEMBER, AUDIT COMMITTEE MEMBER 2 May 2016 2 May 2016 CONTENTS 2 NZSO: Vision and Mission 3 NZSO: Values 4 Chair’s Preface 8 Chief Executive’s Overview 15 Organisational Health & Capability 18 Governance Statement 20 Financial Statements 21 Independent Auditor’s Report 41 Performance Reporting Framework 2015 42 Performance Reporting: Impacts & Outcomes 43 Output Services Revenue & Expenditure 44 Statement of Service Performance 46 Measurement of Quality Service Performance 47 Statement of Service Performance Explanations of Major Variances Against Budget 48 Sponsors & Funding Agencies 1 NZSO: VISION AND MISSION THE VISION Providing world class musical experiences that inspire all New Zealanders. achieved by THE MISSION Deepening and expanding musical connections and engagement with our communities. through A NATIONAL FULLTIME FULL SIZE SYMPHONY ORCHESTRA which Performs to an international standard is Excellent in performance has Relevant and engaging programming,Reaches large and diverse audiences and asserts Musical and artistic leadership A symphony orchestra which has Best practice operations,A shared and productive organisational culture,Sustainable management of all resources and Excellent systems and processes 2 New Zealand Symphony Orchestra NZSO: VALUES FUNCTIONS OF THE ORCHESTRA WHAT We value excellent engagement The functions of the orchestra are outlined in Section 9 WE DO • We identify strongly with one another of the New Zealand Symphony Orchestra Act 2004, and with New Zealanders. as follows: • We ensure that our work is relevant to our audiences • to ensure that the orchestra presents a broad • We communicate openly and honestly repertoire of orchestral performance including with one another and with New New Zealand works and recent works Zealanders • to encourage the development of New Zealand musicians • to encourage the development of New Zealanders’ HOW We value creative excellence knowledge and appreciation of orchestral music WE DO • We are passionate about our music and • to develop and expand the audience of the IT strive to share it widely orchestra on a national basis • We are innovative and creative in all • to provide a touring orchestra (which may also aspects of our activities include international performances) • We are inspired to be excellent in all our • to carry out any other functions consistent with performances its principal objectives, as agreed to by the Minister after consultation with the orchestra • to co-operate with other similar institutions and HOW We value excellent relationships organisations having objectives similar to those of the orchestra. WE • We always act with fairness, honesty BEHAVE and transparency • We trust, respect, acknowledge and OBJECTIVES OF THE ORCHESTRA support each other • We always act with integrity The objectives of the orchestra are outlined in Section 8 of the New Zealand Symphony Orchestra Act 2004, as follows: • to provide the public of New Zealand with live and recorded performances of symphonic music performed to an international standard: • to provide an orchestra that— (i) is highly skilled and artistically imaginative; and (ii) has strong community support: • to be a leading New Zealand performing arts organisation with a role in the development of a distinctively New Zealand cultural environment: • to promote and encourage New Zealand musical composition and composers: • to provide performance opportunities for New Zealand musicians, whether as members of the orchestra or as soloists. 3 CHAIR’S PREFACE New Zealand audiences responded strongly to the NZSO’s 2015 the complete Sibelius symphony cycle for Naxos and the award Season which was one of the most successful and acclaimed of winning Wagner CD for EMI Classics with tenor Simon O’Neill, recent times. Father and Son: Wagner Scenes and Arias. Of the many musical highlights