14 KNOWLEDGE AND INFORMATION This year <strong>Sport</strong> <strong>NZ</strong> has released two significant pieces of research, which are proving extremely valuable both to ourselves and to the wider sector. The Economic and Social Value of <strong>Sport</strong> and Recreation report, released in 2011, gives a comprehensive analysis of the broader value of sport and recreation to our society. The findings, which include a breakdown of regional information, have been welcomed by all those involved in planning for sport and recreation activity and facilities in communities across the country. The Young People’s Survey, carried out in 2011 and released in 2012, is the most significant piece of research in 10 years into how young Kiwis are participating in sport and recreation. The findings of the survey have provided incredibly rich information which is being used to help all those in the sector better understand how we cater for the changing needs of our young people. In December we also launched the <strong>Sport</strong> and Recreation Knowledge Library, an online resource for all those working in sport and recreation, from practitioners, researchers, policy-makers and planners to students. Early interest has been strong with almost 300 registered users, 1,200 research entries and 5,000 visitors to date. DRIVING EFFICIENCY During the past year we continued our drive for efficiency and excellence, both within and between <strong>Sport</strong> <strong>NZ</strong> and HPS<strong>NZ</strong>. We have moved more of our resources into frontline staff, working directly with the sector. We have also worked hard to merge the operation of our two organisations and to establish cost-effective corporate service arrangements between the two entities. While <strong>Sport</strong> <strong>NZ</strong>’s public equity at 30 June 2012 is $19.2 million, a significant portion of this has been allocated to future investment commitments. $7.5 million has been ring-fenced to complete a number of infrastructure projects in 2012/13 and out-years. A further $8.7 million has been committed by the Board for community sport initiatives, NSO capability support and specific initiatives directed at increasing participation, leaving a balance of $3.1 million as <strong>Sport</strong> <strong>New</strong> <strong>Zealand</strong>’s ongoing reserve position. <strong>SPORT</strong> <strong>NZ</strong> CAN LOOK BACK ON THE LAST YEAR WITH A GREAT DEAL OF PRIDE IN WHAT BOTH WE AND KIWI <strong>SPORT</strong>SPEOPLE HAVE ACHIEVED In closing, <strong>Sport</strong> <strong>NZ</strong> would like to thank the <strong>New</strong> <strong>Zealand</strong> Lottery Grants Board for its continued and significant contribution to sport and recreation in <strong>New</strong> <strong>Zealand</strong>. We also wish to thank former Board members Waimarama Taumaunu (<strong>Sport</strong> <strong>NZ</strong>) and Mark Weldon (HPS<strong>NZ</strong>), who both finished terms this year, for their significant contribution to our work. And we wish to thank our partners in the sector, particularly NSOs and RSTs, for their ongoing support and commitment to providing more sport opportunities for all <strong>New</strong> <strong>Zealand</strong>ers, and for their help with a smooth transition when we changed our name from SPARC to <strong>Sport</strong> <strong>NZ</strong> on 1 February 2012. <strong>Sport</strong> <strong>NZ</strong> can look back on the last year with a great deal of pride in what both we and Kiwi sportspeople have achieved. And we look forward to even better results in the years to come, as we continue to build our world-class sports system, from grassroots through to high performance. Paul Collins <strong>Sport</strong> <strong>NZ</strong> Chair Peter Miskimmin <strong>Sport</strong> <strong>NZ</strong> Chief Executive
<strong>ANNUAL</strong> <strong>REPORT</strong> 2012 CHAIRMAN’S AND CHIEF EXECUTIVE’S <strong>REPORT</strong> 15 HOCKEY PLAYERS CELEBRATE A GOAL DURING A MATCH IN WELLINGTON