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Ministers’ letter The Hon. Mike Baird MP Treasurer Governor Macquarie Tower 1 Farrer Place Sydney NSW 2000 The Hon. Greg Pearce MLC Minister for Finance and Services Minister for the Illawarra Governor Macquarie Tower 1 Farrer Place Sydney NSW 2000 landcom annual report 2011 31 October 2011 Dear Ministers We are pleased to submit to you, for presentation to the Parliament of New South Wales, the Landcom Annual Report for the year ended 30 June 2011. The report has been prepared in accordance with the Annual Reports (Statutory Bodies) Act 1984 and the applicable provisions of the Public Finance and Audit Act 1983. William Kirkby-Jones AM Chairman Sean O’Toole Managing Director contents landcom annual report 2011 Chairman’s review 2 Managing Director’s review 4 About us 6 How we operate 6 Governance 7 Board of Directors 8 Management team 9 How we measure our performance 10 Financial and economic achievements 10 Our operations 11 Achievements 19 Awards 25 Challenges 26 What we aim to achieve in 2011-2012 26 Sustainability performance 27 Independent assurance statement 72 Corporate activities 75 Financial statements 85 Glossary 138 Index 142 Corporate directory 143 COVER IMAGE | ORAN PARK landcom annual report 2011
NEWBURY introducing Landcom landcom annual report 2011 1
Page 1: LANDCOM ANNUAL REPORT 11
Page 5 and 6: Turning to the future, Landcom has
Page 7 and 8: We are of course also very proud to
Page 9 and 10: Governance Audit and Risk Managemen
Page 11 and 12: Management team Michael Brodie B Ec
Page 13 and 14: 1 Our operations Penrith 21 8 Penri
Page 15 and 16: Managing complex government assets
Page 17 and 18: Developing major centres Macarthur
Page 19 and 20: Supplying housing Parkbridge Where:
Page 21 and 22: Highlights of this year’s achieve
Page 23 and 24: Partnering with others Solving prob
Page 25 and 26: Leveraging benefits Securing natura
Page 27 and 28: Awards 2010-2011 A number of our pr
Page 29 and 30: ONE MINTO sustainability performanc
Page 31 and 32: materiality Improved performance ag
Page 33 and 34: Five-year performance summary cases
Page 35 and 36: Projects reported in 2010-2011 Proj
Page 37 and 38: How we performed URBAN WATER CYCLE
Page 39 and 40: Energy and greenhouse gas emissions
Page 41 and 42: Only 19% or 29 out of 152 dwellings
Page 43 and 44: Riparian corridor management The th
Page 45 and 46: Waste The thinking behind our indic
Page 47 and 48: Demonstration projects casestudy Th
Page 49 and 50: Energy and greenhouse gas emissions
Page 51 and 52: Electricity usage All 447,843kWh of
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How we performed Social planning Bo
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Community sponsorships The table be
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Social sustainability in our organi
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Employee satisfaction and perspecti
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Performance report The priorities e
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Guarantee of service Code of conduc
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Executives with remuneration equal
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ECONOMIC SUSTAINABILITY - OVERALL C
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Our environmental management system
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Occupational health and safety and
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Compliance with the Global Reportin
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Our Competency The Landcom assuranc
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corporate activities landcom annual
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Risk management and insurance Commi
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Table C | Invalid applications Reas
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Occupational health and safety Land
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Consultants •• For each engagem
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financial statements landcom annual
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LANDCOM DIRECTORS’ DECLARATION Pu
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Statement of financial position AS
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Statement of cash flows FOR THE YEA
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Notes to and forming part of the fi
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Glossary Australian Building Greenh
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Glossary Stream Order Classificatio
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Corporate directory Landcom’s hea
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