Annual Report 2013 - Mainfreight

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Executive Team Carl George National Manager, Transport New Zealand 18 years with Mainfreight Revenues $314 million HIGHLIGHT: Wellington’s achievement of Branch of the Year reinforces the importance of growing our business from the floor up, investing in good people, providing an outstanding working environment and consistently raising the bar. Craig Evans General Manager, Supply Chain New Zealand 27 years with Mainfreight Revenues $26 million HIGHLIGHT: Logistics New Zealand is starting to deliver more consistently on its potential, the sign of a business “coming of age”. We appreciate many challenges still lie ahead of us, but the majority are within our own power to overcome. Rodd Morgan Australia Manager 10 years with Mainfreight Revenues AU$433 million HIGHLIGHT: We now have 67 bright, young, career-focused grads in our business. The health of our recruitment is a wonderful demonstration of the health of our business and is an important part of ensuring our very, very long term success. 44 Mainfreight | Annual Report 2013
Mark Newman John Hepworth European Manager, Wim Bosman Group Director and President, Mainfreight USA 23 years with Mainfreight 15 years with Mainfreight Revenues EU€245 million Revenues US$222 million Greg Howard Global Manager, CaroTrans 14 years with Mainfreight Revenues US$135 million HIGHLIGHT: Adding team members with in-depth knowledge of the Russian and Baltic markets, gives us the expertise to take advantage of this exciting, emerging market. HIGHLIGHT: Improving the structure and composition of our management team in Europe has been the highlight of 2012; when the right people are working on the right things we get confidence, energy and profit. Michael Lofaro General Manager, Mainfreight Asia 15 years with Mainfreight Revenues US$30 million HIGHLIGHT: We broke the magic 200 team member mark and opened two key branches in Chengdu (China), and Taipei (Taiwan) … we are not allowing all the global doom and gloom to dampen our passion and enthusiasm, nor stop our progress. HIGHLIGHT: Highlight of the year has been the opening of our Mexico City branch. Mexico is heading toward being a key manufacturing centre for the world as China’s labour becomes less competitive and we have entered this trade right at the start of this exciting new era. Executive Team 45
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 40 and 41: on any given day Mainfreight has he
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
Page 100 and 101:
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
Page 106 and 107:
23 Related Parties (continued) Tran
Page 108 and 109:
25 Share-based Payment Plans (conti
Page 110 and 111:
30 Abnormal Items During the year t
Page 112 and 113:
of Directors’ financial Responsib
Page 114 and 115:
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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