Annual Report 2013 - Mainfreight

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Our place in the world Mainfreight is in the business of global supply chain logistics. Put simply, we partner with our customers to provide the full spectrum of warehousing, domestic distribution and international air and ocean freight operations. Revenue Ebitda Net Profit 4.0% 1,885.7m 137.5m 68.0m Group Operating Revenue 0.5% Group ebitda 3.4% Group Net Profit before Abnormal items Global locations Australia New Zealand 43 Branches New Zealand $32.2m Net Profit 2013 Offshore $35.8m 71 Branches New Zealand $28.9m Net Profit 2012 Offshore $36.9m 1,283 team members Ebitda: AU$30.5m Revenue: AU$433.2m 1,821 team members Ebitda: NZ$59.9m Revenue: NZ$473.9m Asia The Americas Europe 20 Branches 66 Branches 26 Branches 220 team members Ebitda: US$2.6m Revenue: US$29.9m 583 team members Ebitda: US$16.9m Revenue: US$357.5m 1,781 team members Ebitda: EU€9.5m Revenue: EU€244.7m 1978 Mainfreight founded by Executive Chairman, Bruce Plested. 1996 Listed on New Zealand Stock Exchange 1999 Established strategic operation in USA through shareholding in CaroTrans 2000 Major acquisition in Australia adds scale 2 Mainfreight | Annual Report 2013
Facts & Figures Our operations are powered by a global team of 5,688 passionate people, world class technologies and a can-do attitude. While we have businesses operating in 226 branches in 18 countries around the world, our journey will one day see us located in all the major trading nations of the world. MAINFREIGHT HAS PROVED ITSELF AS A SOLID LONG-TERM INVESTMENT, DELIVERING SHAREHOLDERS AN AVERAGE ANNUAL RETURN OF 34.5% OVER THE LAST 10 YEARS 10 year trends Group Profits 80,000 60,000 Before Abnormals ($000) 40,000 20,000 0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Group Revenue 2,000,000 1,500,000 Offshore revenue ($000) New Zealand revenue ($000) 1,000,000 500,000 0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Group Ebitda 150,000 120,000 90,000 Offshore EBITDA ($000) New Zealand EBITDA ($000) 60,000 30,000 0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2003 Acquired Owens Group in New Zealand 2007 Fully acquired Asian business 2009 Revenues reach NZ$1 billion 2011 Secured European footprint through acquisition Our Place in the World 3
Page 1 and 2: Mainfreight Annual Report 2013 Recr
Page 3: The Mainfreight business has become
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 26 and 27: Environment Mainfreight has always
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
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on any given day Whatever we do, wh
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Board of directors Emmet Hobbs Inde
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60 As we drive ourselves hard in th
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Operating Statistics How we measure
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Financial Contents 65 Income Statem
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Balance Sheet as at 31 March 2013 N
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Statement of Changes in Equity for
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Cash Flow Statement for the Year En
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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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Annual Report 2013 - Mainfreight

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