Annual Report 2013 - Mainfreight

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on any given day Mainfreight has helped Duffy Books in Homes distribute over 8 million books to families since 1995. Watch the Bairds Mainfreight Primary 20th anniversary video here Bairds Mainfreight Primary School students Haiasini Tuiono (left) and Angalenna Vendt-Utakea 42 Mainfreight | Annual Report 2013
Mainfreight in the Community Mainfreight has been part of the “Duffy Books in Homes” programme since its inception in 1994 and currently we support over 70 schools in New Zealand, Australia and the USA. This means over 14,000 children every year are getting new books to read with our support. In New Zealand the Duffy Books in Homes programme has 540 schools and 170 early childhood education centres in the scheme, representing over 100,000 New Zealand children. The philosophy behind the Books in Homes programme is simple – to break the cycle of ‘booklessness’. Kids who can’t read become adults who can’t communicate and that’s a serious disadvantage in a world that operates on the written word. Mainfreight’s other significant sponsorship partner is “The Life Education Trust” which was established in New Zealand in 1988, and celebrates their 25th anniversary this year. The Trust seeks to help give young people the knowledge and skills to live a fulfilling and healthy life through their positive The philosophy behind the Books in Homes programme is simple – to break the cycle of ‘booklessness’. Kids who can’t read become adults who can’t communicate and that’s a serious disadvantage in a world that operates on the written word. health-based education. Each year they take over 225,000 children through their mobile classrooms teaching self-respect, respect for others and providing tools for healthy living. Mainfreight is proud to support these two exceptional organisations that channel so much to the children who are our future. We encourage you to learn more about how you can help by visiting their websites: www.booksinhomes.org.nz www.lifeeducation.org.nz One other association close to Mainfreight’s Every heart is Bairds day Mainfreight We Primary plan, School, lobby, re-use, and this year we celebrated 20 years of recycle involvement with and the school play which is located our part in education. Otara, Auckland. looking after the planet for During this time we have invested in excess generations to come. of $750,000 in IT and computer equipment. We have also assisted the school with many smaller projects including the annual soap box derby. Our Chairman, Bruce Plested, regularly hosts the school at his property on Waiheke Island, where the children get to experience farm and island life. For many of them it is their first adventure out of South Auckland. Our relationship with the school is very special, maintained and promoted by the school and their enthusiastic and passionate teacher fraternity. They have embraced Mainfreight and our ideals and culture, applying these where relevant in their day-to-day activities. We are proud to be associated with the school and enjoy seeing our small contribution helping to educate and grow Kiwi kids to a higher level of learning and In all of our New Zealand operations, including Owens, Daily Freight and Chemcouriers, each year we host the local IHC community for a morning of fun, food, trucks and trains. This provides a chance for our team to contribute personally to the communities we are based in, and extend the gift of friendship to those less fortunate. Mainfreight in the Community 43
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 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 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
Page 82 and 83: 3 Financial Risk Management Objecti
Page 84 and 85: 3 Financial Risk Management Objecti
Page 86 and 87: 5 Segmental Reporting The Group ope
Page 88 and 89: 6 Expenses and Other Income The Pro
Page 90 and 91:
7 Income Tax (continued) Recognised
Page 92 and 93:
9 Earnings Per Share The following
Page 94 and 95:
13 Investment in Subsidiary Compani
Page 96 and 97:
14 Non-current Assets - Property, P
Page 98 and 99:
15 Non-current Assets - Intangible
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15 Non-current Assets - Intangible
Page 102 and 103:
20 Leases At balance date the Group
Page 104 and 105:
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
Page 112 and 113:
of Directors’ financial Responsib
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Donations and Auditors’ Fees Dona
Page 116 and 117:
Interests Register The following en
Page 118:
Glossary Air & Ocean C&F EBIT EBITA
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Annual Report 2013 - Mainfreight

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