Port Nelson Annual Report 2012 (pdf)

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vision Become the Benchmark – through continuous improvement The six pillars of our vision appear on the photo pages vision throughout this report. 2 Executive Officers (from left): Martin Byrne, Chief Executive Officer; Parke Pittar, Chief Commercial Officer; Digby Kynaston, Port Logistics Manager; Matt McDonald, Infrastructure Manager; Melisa Kappely, Employee Relations Manager.
content Directors’ Report............................................................................................................................................................................................................................................5 CEO’s Report....................................................................................................................................................................................................................................................6 Community......................................................................................................................................................................................................................................................9 Governance......................................................................................................................................................................................................................................................9 Environment................................................................................................................................................................................................................................................. 10 Port People.................................................................................................................................................................................................................................................... 13 Directors......................................................................................................................................................................................................................................................... 14 Financial Report.......................................................................................................................................................................................................................................... 15 Auditor’s Report.......................................................................................................................................................................................................................................... 16 Statutory Information............................................................................................................................................................................................................................... 17 Statement of Corporate Intent.............................................................................................................................................................................................................. 19 Statement of Comprehensive Income................................................................................................................................................................................................ 20 Statement of Movements in Equity..................................................................................................................................................................................................... 20 Balance Sheet............................................................................................................................................................................................................................................... 21 Statement of Cash Flows......................................................................................................................................................................................................................... 22 Summary of Significant Accounting Policies.................................................................................................................................................................................... 24 Notes to the Accounts.............................................................................................................................................................................................................................. 28 Directory........................................................................................................................................................................................................................................................ 40 purpose To facilitate regional prosperity mission To operate Port Nelson as a successful business providing cost efficient, effective and competitive services and facilities for port users and shippers. To provide for the present and future needs of Port Nelson in ways that are sensitive to people, use resources wisely, and are in harmony with the environment of an export port. objectives • To operate as a successful business. • To be a good employer. • The debt equity ratio not to exceed 66.67% (40/60). • To aim to grow the business through stimulation of throughput, added value services and related business activities, so leading to increased revenue. • To achieve a commercially acceptable rate of return on shareholders’ funds in accordance with meeting the objectives herein. • To ensure that port development takes place which meets the needs of the region. • To ensure that high environmental standards are maintained. • To strive for continuous improvement in everything that we do. 3
Page 1: annual report 2012
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 and 14: our vision port people Percentage o
Page 15 and 16: 2012 financial report customers An
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

Port Nelson Annual Report 2012 (pdf)

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