Port Nelson Annual Report 2012 (pdf)
Port Nelson Annual Report 2012 (pdf) Port Nelson Annual Report 2012 (pdf)
directors Nick Patterson Nick is the Managing Director of Wai-West Horticulture Ltd, an integrated horticulture company with extensive plantings and post-harvest investments in the Nelson district. Nick is a director of Cold Storage Nelson Ltd, Freshco Nelson Ltd and other associated companies. Paul Le Gros Paul used to be a partner with Duncan Cotterill, and is now a consultant with that firm. He holds other business and board appointments. Over the past 30 years, Paul has been extensively involved with the YMCA movement, in Nelson, nationally and internationally. B r o nw y n M o n o p o l i Bronwyn is a Chartered Accountant, with her Richmond-based practice providing specialist accounting and financial advice to mainly rural businesses. She is also a director of the Animal Health Board and a trustee of several arts-related organisations. T i m King Tim is Deputy Mayor of the Tasman District Council and chairs its Corporate Services Committee. He farms on the Waimea Plains and has governance roles on a range of community organisations, including the Waimea Rural Fire Authority and the Wakefield and Community Health Centre Trust. Peter Schuyt Peter is a professional director and holds directorships in a number of organisations across a range of different business sectors. He has previously been Chief Financial Officer of several major New Zealand companies. P h i l Lough Phil is currently Chair of Methven Ltd and Quotable Value Ltd, and also holds directorships with a range of other New Zealand companies. He was previously CEO of the Sealord Group and is based in Nelson. 2012 financial highlights Financial Highlights 2012 2011 2010 2009 2008 Revenue (millions) $38.8 $38.3 $37.9 $38.0 $36.2 Net surplus after taxation* (millions) $10.4 $6.6 $3.4 $4.9 $7.5 Dividend (millions) $12.2 $4.2 $4.1 $4.0 $3.8 Basic earnings per ordinary share (cents) 40.8 25.9 13.5 19.4 29.5 Return on average shareholders’ funds 7.7% 4.9% 2.6% 3.7% 6.1% Net asset backing per share $5.27 $5.38 $5.27 $5.26 $5.29 Dividend – recommended per share (cents) 48.0 16.5 16.1 15.7 15.0 Return on average total assets** 7.5% 6.6% 6.5% 5.6% 8.0% Ratio of shareholders’ funds to total assets 69.9% 70.6% 71.2% 69.6% 71.2% Trade Highlights 2012 2011 2010 2009 2008 Cargo tonnes (millions) 2.65 2.71 2.75 2.78 2.68 Vessel arrivals 733 850 835 921 921 Container throughput (TEUs) 86,178 83,800 85,735 82,272 77,561 * Net Surplus is prior to Other Comprehensive Income ** Based on EBIT 14
2012 financial report customers An organisation that delivers real value to its customers • Understand our customers and their needs • Continually engage with our customers vision • Deliver consistent service • Develop active and engaged working groups • Build strategic alliances with our key customers • Grow the business through attracting new customers
- Page 1 and 2: annual report 2012
- Page 3 and 4: content Directors’ Report........
- Page 5 and 6: directors’ report As Chairman of
- Page 7 and 8: financial results A sustainable bus
- Page 9 and 10: community governance highlights Som
- Page 11 and 12: Photo: Nelson Mail environment A le
- Page 13: our vision port people Percentage o
- Page 17 and 18: statutory information to the shareh
- Page 19 and 20: statement of corporate intent missi
- Page 21 and 22: alance sheet as at 30 june 2012 Not
- Page 23 and 24: statement of cash flows for the yea
- Page 25 and 26: summary of significant accounting p
- Page 27 and 28: summary of significant accounting p
- Page 29 and 30: notes to the accounts note 4: defer
- Page 31 and 32: notes to the accounts note 9: equit
- Page 33 and 34: notes to the accounts note 14: prop
- Page 35 and 36: notes to the accounts note 16: fina
- Page 37 and 38: notes to the accounts note 16: fina
- Page 39 and 40: notes to the accounts note 23: rela
<strong>2012</strong> financial report<br />
customers<br />
An organisation that delivers real value to its customers<br />
• Understand our customers and their needs<br />
• Continually engage with our customers<br />
vision<br />
• Deliver consistent service<br />
• Develop active and engaged working groups<br />
• Build strategic alliances with our key customers<br />
• Grow the business through attracting new customers
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