apr-11.pdf (2.07 MB) - Crown Ownership Monitoring Unit

2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010TotalRevenueTotalRevenue EBITDAF EBITDAF NPAT NPATAdjustedROEAdjustedROEDividendfor theFinancialYear (notcashflow)*Dividendfor theFinancialYear (notcashflow)Air NZ** 3,212.0 3,034.7 400.3 328.9 59.5 61.1 5.0% 5.2% 55.5 48.8 8,037 7,874Airways 152.5 145.2 23.1 22.4 4.7 (0.9) 10.4% (1.9%) 6.0 5.0 732 713Animal Control Products 7.1 6.2 2.4 1.7 1.6 0.7 40.9% 18.7% 1.1 1.0 11 12AsureQuality 116.9 138.3 14.5 13.1 7.6 5.1 28.4% 20.6% 6.1 3.5 1,597 1,317Crown Fibre Holdings 0.7 0.4 (18.4) (4.5) (18.5) (4.5) (111.2%) (43.2%) 0.0 0.0 14 7Genesis 1,834.5 1,895.3 292.7 248.8 (16.6) 69.3 (0.7%) 7.1% 0.0 28.7 976 961KiwiRail 1,012.0 1,105.4 445.0 532.9 34.1 194.5 1.9% 13.6% 0.0 0.0 4,190 4,075Kordia 294.5 258.4 52.0 53.4 (14.7) (1.0) (16.3%) (1.0%) 0.0 0.0 905 806Landcorp 229.7 171.7 76.4 35.8 114.6 (5.8) 26.3% 3.9% 0.0 0.0 599 584Learning Media 23.5 24.2 1.2 2.4 0.6 1.5 9.7% 32.4% 0.0 0.0 126 109Meridian 2,053.0 2,061.9 659.9 641.7 303.1 184.0 25.7% 15.9% 684.6 158.1 800 804MetService 39.2 38.0 9.9 9.3 3.1 2.4 23.1% 20.5% 1.5 1.1 216 217Mighty River Power 1,163.9 1,104.6 443.1 327.8 127.1 84.6 16.1% 8.0% 110.4 86.5 784 727NZ Post 1,295.9 1,204.2 38.1 110.4 (35.6) 1.3 (4.9%) (3.4%) 10.6 6.4 8,059 8,710Public Trust 61.5 62.6 (3.4) (3.1) 0.6 4.8 N/A N/A 0.0 0.0 450 470Quotable Value 46.0 45.6 0.7 1.2 (2.1) 0.6 (10.0%) 2.7% 0.0 0.6 352 346Solid Energy 831.3 693.4 199.7 167.6 87.2 67.8 18.8% 16.0% 50.0 30.0 1,428 1,223Transpower 731.4 730.3 452.2 465.7 78.5 65.0 8.5% 10.0% 0.0 0.0 689 657TVNZ 377.8 355.1 53.6 3.6 2.1 (26.0) 2.3% (14.3%) 4.9 0.0 941 980All Commercial Priority 13,483.2 13,075.4 3,142.7 2,958.9 736.6 704.7 8.4% 8.8% 930.6 369.6 30,906 30,592Crown ResearchInstitutionsAgResearch 157.7 155.5 19.0 16.6 6.2 (8.6) 5.5% (9.0%) 0.0 0.0 780 824ESR 51.5 53.5 8.2 9.1 3.2 (0.5) 9.5% (1.6%) 0.0 0.0 325 349GNS 72.1 65.1 7.6 7.1 1.8 1.0 8.2% 5.0% 0.2 0.0 370 369Industrial Research 62.6 63.0 5.0 7.0 2.3 0.2 6.1% 0.5% 0.0 0.0 330 324Landcare Research 63.4 61.6 7.2 6.4 2.3 (2.0) 9.7% (7.7%) 0.7 0.5 415 417NIWA 117.8 127.7 16.7 24.8 1.3 4.5 1.4% 5.2% 0.0 0.0 643 700Plant and Food Research 113.2 117.5 9.2 13.1 0.9 (5.8) 1.3% (8.3%) 0.0 0.0 810 820Scion 43.1 43.2 5.1 5.3 1.8 (1.0) 6.2% (4.2%) 0.0 1.1 313 321CRIs subtotal 681.3 687.2 78.0 89.4 19.8 (12.2) 4.7% (3.2%) 1.0 1.6 3,986 4,124Health Benefits 5.7 N/A 0.9 N/A 0.9 N/A 180.3% N/A 0.0 N/A 14 N/ANZ Lotteries Commission 885.1 750.4 190.2 163.8 183.3 159.0 530.5% 423.4% 0.0 0.0 115 115NZVIF 2.3 2.3 (1.7) (1.9) 0.0 (4.3) (0.5%) (1.0%) 0.0 0.0 7 7REANNZ 8.9 6.4 2.2 (1.6) (3.0) (6.3) (15.2%) (38.0%) 0.0 0.0 14 12Radio NZ 38.2 38.2 3.2 3.4 (0.3) (0.5) (1.2%) (2.3%) 0.0 0.0 269 277Christchurch Airport** 24.3 23.9 14.2 15.7 5.4 (0.1) 8.3% (0.1%) 2.1 2.6 48 45Dunedin Airport** 4.3 4.1 2.1 1.9 0.4 (0.0) 3.5% (0.2%) 0.1 0.0 11 12Hawke’s Bay Airport** 1.3 1.2 0.7 0.5 0.5 0.1 7.1% 2.3% 0.0 0.0 1 1Invercargill Airport** 1.3 1.3 0.3 0.2 0.2 (0.3) 4.4% (6.6%) 0.0 0.0 3 3Other subtotal 971.4 828.0 211.9 182.0 187.5 147.7 79.4% 66.4% 2.3 2.6 482 470TotalFTEsTotalFTEsAll Companies (exclCFIs)***15,135.9 14,590.5 3,432.6 3,230.4 943.9 840.2 9.8% 9.6% 933.9 373.8 35,374 35,186* Includes Meridian one-off special dividend of $521 million due to sale of Tekapo A and B Staons** Numbers are expressed in proporon to the Crown’s ownership interest in the company*** Incomplete informaon for some metricspage | 114