Annual Report 2010 - Competenz

2Annual Report 2010“They have plenty of hard work ahead of them as they trainfor the intense international level competition.”– Sally Gray, WorldSkills NZ

Annual Report 2010 5Antarctic apprentice’s‘cool’ journey to completionTwenty-year-old Joel McGregor of Oamaru completedone of the most extreme engineering apprenticeshipexperiences in the world, living and working for five monthsin Scott Base, Antarctica.Our ‘Antarctic Apprentice’ successfully served his time onthe icy continent, supporting Antarctica New Zealand’smaintenance and engineering crew in their 2010 / 2011summer workload while working through the final stages ofhis ATNZ general engineering apprenticeship.Joel was an integral member of the team, performinggeneral fabrication, maintenance and mechanical fittingwork, but also using his creativity to fabricate one-off itemsto meet the team’s needs.He got the job after being recommended by hisCompetenz account manager, and passing extensiveinterviews and testing with ATNZ and his secondingemployers, Antarctica New Zealand.“I felt really privileged toplay a part.”– Joel McGregorHe admits his first impressions of Antarctica had him totally“gob-smacked,” but he got used to the colder conditionsreally quickly.“I’ve never seen so much snow in my life. It’s unlikeanywhere else in the world – it’s like being on anotherplanet,” says Joel.When Joel first arrived in Antarctica the temperature wasan incredible −24°C, and even with the “summery” −2°Cweather some engineering tasks like welding were virtuallyimpossible to do.“We’d do daily readings and checks on site services likegenerators, refrigeration, and the water treatment plant,and perform maintenance tasks to make sure those vitalservices stay up-and-running.“There were also ongoing fabrication jobs to perform allaround base on equipment such as sleds, loaders, andbulldozers.”Joel was also lucky enough to work on some very specialprojects. The most significant of these was to help installa koru plaque in memory of the 257 passengers and crewwho perished in the Mount Erebus air disaster over 30years ago.“It was amazing to do something with so much meaning, Ifelt really privileged to play a part in that,” he says.Joel shared his work and wider experiences with theworld on a dedicated Facebook page called ‘The AntarcticApprentice’. Launched in September 2010, the pagewas ATNZ-Competenz’s first venture into the social medialandscape.The page was a success in raising general awarenessabout the programme. 172 people opted-in from NewZealand, Australia, Argentina, the US, UK, and beyondto follow Joel’s experience. 62% of these people wereaged between 13 – 44 years and, interestingly, 48% werefemale.At its peak the page had over 300 active daily users;throughout Joel’s placement it generated over 26,000page impressions and over 100 user responses to hisphoto updates.ATNZ has been working with Antarctica New Zealand forthe last five years to find and place some of New Zealand’smost promising general engineering apprentices in thisonce-in-a-lifetime experience.It’s a winning partnership that challenges our futureengineers, and helps New Zealand in its interests inAntarctica.“It’s a bit of a mission because the welding plants arepowered by generators, and they don’t like the cold much.”A normal day’s work for Joel started at 8.00am with aworkshop meeting to plan the day’s activities, followed bya host of maintenance tasks.

10Annual Report 2010Summary Financial StatementsStatement of Financial PositionAs at 31 December 2010ATNZ2010$000’sASSETSCurrent AssetsCash and cash equivalents 2,677Trade and other receivables 1,054Prepayments 215Total current assets 3,946Non-current assetsIntangibles 22Total non-current assets 22Total assets 3,968LiabilitiesCurrent liabilitiesTrade and other payables 353Goods and services tax payable 363Employee leave benefits 614Intercompany payable 2,817Total current liabilities 4,147Total liabilities 4,147Net assets (179)Accumulated fundsAccumulated funds (179)Total accumulated funds (179)For and on behalf of the Board who authorise the issue of the financial statements on 9 March 2011.Peter HerbertChairmanMike LatterBoard Member

12Annual Report 2010Chartered AccountantsIndependent Auditor’s ReportTo the Trustees of Apprentice Training New Zealand 2010 Trust (ATNZ)We have audited the summary financial statements of ATNZ for the 8 months ended 31 December 2010 asset out on pages 10 to 11.This report is made solely to the trustees, as a body, in accordance with the trust deed. Our audit has beenundertaken so that we might state to the trustees those matters we are required to state to them in anauditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assumeresponsibility to anyone other than the trust and the trustees as a body, for our audit work, for this report, orfor the opinions we have formed.The accompanying summary financial statements, which comprise the summary statement of financialposition as at 31 December 2010, the summary statement of comprehensive income, summary statementof changes in equity and summary cash flow statement for the 8 months then ended, and related notes,are derived from the audited financial statements of ATNZ for the 8 months ended 31 December 2010. Weexpressed an unmodified audit opinion on those financial statements in our report dated 9 March 2011.The summary financial statements do not contain all the disclosures required for full financial statementsunder generally accepted accounting practice in New Zealand. Reading the summary financial statements,therefore, is not a substitute for reading the audited financial statements of ATNZ.Trustees’ ResponsibilitiesThe trustees are responsible for the preparation of summary financial statements in accordance withgenerally accepted accounting practice in New Zealand.Auditor’s ResponsibilitiesIt is our responsibility to express an independent opinion on the summary financial statements presented bythe directors and report our opinion to you.Basis of OpinionOur audit was conducted in accordance with New Zealand Auditing Standards and involved carrying outprocedures to ensure the summary financial statements are consistent with the full financial statementson which they are based. We also evaluated the overall adequacy of the presentation of information in thesummary financial statements against the requirements of FRS-43: Summary Financial Statements.Other than in our capacity as auditor we have no relationship with, or interest in ATNZ.Unqualified OpinionIn our opinion, the information reported in the summary financial statements complies with generallyaccepted accounting practice in New Zealand, is correctly extracted from and is materially consistent withthe full financial statements from which they are derived and upon which we expressed an unqualified auditopinion in our report to the trustees dated 9 March 2011.Our audit was completed on 9 March 2011 and our unqualified opinion is expressed as at that date.Auckland

14Annual Report 2010