Annual Report 2013 - Mainfreight

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Environment Mainfreight has always attempted to reduce the environmental impact of its operations. Our sustainability initiatives have often resulted in reduced costs; so the bottom line and the environment are both winners. We measure the carbon emissions we generate across our New Zealand and European operations, and over time will establish measurement across our global operations. We continue to lobby for the ability to move more domestic freight by rail particularly throughout New Zealand and Australia, because it is generally believed that trucks emit 4.6 times more CO 2 per tonne km carried than trains. It is critical for the wealth and productivity of all countries that rail services improve not only to reduce carbon emissions but also to improve the efficiency of their domestic transport infrastructures. In New Zealand, we continue to take the opportunity to build more freight facilities on rail-served land. We now have 13 rail-served sites in New Zealand and importantly, these sites are on the main freight corridors of New Zealand. We also continue to push for more New Zealand Government investment in improving rail infrastructure, and the Long-term environmental practises are an ingrained part of Mainfreight’s culture and thinking. viability of coastal shipping. Identifying rail freight opportunities in Australia, the United States of America and Europe remains difficult but not insurmountable. In Australia we are expecting to increase rail usage to compensate for the ever increasing shortage of owner operators willing to invest in vehicles. In seeking to reduce our emissions, Mainfreight’s initiatives include: > > Moving capacity from road to rail and coastal shipping > > Route planning – using GPS in congested international cities > > Truck size management – using smaller trucks for distribution within cities and larger trucks between cities > > Promoting off-peak distribution, particularly between cities and from ports > > Efficient driving techniques promulgated through our driver training programmes > > Vehicle maintenance guidelines for ownerdrivers to promote efficient running of their trucks > > The conversion of gas and diesel powered forklifts operating on our docks to electric, and the use of manual pallet trucks to replace forklifts where practicable. It is important to note that through good old-fashioned common sense, we have been recycling office and depot waste for 25 years in New Zealand. We store and use rainwater and recycle greywater for truck washing, ablutions and irrigation. Where possible, our new freight and warehousing facilities in New Zealand and Australia are built with environmental design principles in mind; energy-efficient lighting and heating solutions; and solar power installations where feasible. Rain gardens are installed as a feature of our landscaped grounds. In Europe, the business has committed to the Netherlands sustainable logistics programme, with the objective of reducing carbon emissions by 30% in 2012 from levels recorded in 2007. For the Dutch fleet, we achieved a carbon reduction of 27% in the 2012 calendar year, compared to baseline 2007, while the Belgium business reported a 22% reduction in 2012 compared to 2010, in a voluntary national programme for sustainable logistics. 24 Mainfreight | Annual Report 2013
on any given day Every day We plan, re-use, recycle and play our part in looking after the planet for generations to come. Environment 25
Page 1 and 2: Mainfreight Annual Report 2013 Recr
Page 3 and 4: The Mainfreight business has become
Page 5 and 6: Facts & Figures Our operations are
Page 7 and 8: Wherever we are in the world, all o
Page 9: on any given day We're tackling our
Page 12 and 13: Group Managing Director's report As
Page 14 and 15: Continued investment in facilities
Page 16 and 17: once again working to provide Austr
Page 18 and 19: We continue to work hard to further
Page 20 and 21: We have increased our trans-border
Page 22 and 23: Margin levels have been impacted as
Page 24 and 25: Laurie McMahon, Mainfreight Christc
Page 28 and 29: Our people We have no widgets or ga
Page 30 and 31: 28 Mainfreight | Annual Report 2013
Page 32 and 33: Kelvin Teasdale, Lee Tuhura, Chris
Page 34 and 35: Wim Bosman Genk Steven Bleys, Rosol
Page 36 and 37: on any given day Behind the scenes
Page 38 and 39: Marcel ter Heerdt, Driver in Domest
Page 40 and 41: on any given day Mainfreight has he
Page 42 and 43: Executive Team Carl George National
Page 44 and 45: Executive Team continued Carl Howar
Page 46 and 47: Targets & Achievements Recent Curre
Page 48 and 49: Capital Expenditure This year’s f
Page 50 and 51: Corporate Governance THE ROLE OF TH
Page 52 and 53: on any given day Wherever we are in
Page 54 and 55: on any given day Whatever we do, wh
Page 56 and 57: Board of directors Emmet Hobbs Inde
Page 58 and 59: 60 As we drive ourselves hard in th
Page 60 and 61: Operating Statistics How we measure
Page 62 and 63: Financial Contents 65 Income Statem
Page 64 and 65: Balance Sheet as at 31 March 2013 N
Page 66 and 67: Statement of Changes in Equity for
Page 68 and 69: Cash Flow Statement for the Year En
Page 70 and 71: 2 Summary of Significant Accounting
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2 Summary of Significant Accounting
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3 Financial Risk Management Objecti
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3 Financial Risk Management Objecti
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5 Segmental Reporting The Group ope
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6 Expenses and Other Income The Pro
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7 Income Tax (continued) Recognised
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9 Earnings Per Share The following
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13 Investment in Subsidiary Compani
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14 Non-current Assets - Property, P
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15 Non-current Assets - Intangible
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15 Non-current Assets - Intangible
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20 Leases At balance date the Group
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21 Contributed Equity (continued) C
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23 Related Parties (continued) Tran
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25 Share-based Payment Plans (conti
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30 Abnormal Items During the year t
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of Directors’ financial Responsib
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Donations and Auditors’ Fees Dona
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Interests Register The following en
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Glossary Air & Ocean C&F EBIT EBITA
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