NIWA releases an Annual Report following the conclusion of our financial year, which runs from July to June. The report covers our research activities and financial performance.
Chairman’s Report
The NIWA Executive
Chief Executive’s Report
The NIWA Board of Directors
Financial Highlights
NIWA’s Social and Environmental Contribution
Chairman’s Report
It is 10 years since the Crown Research Institutes were incorporated, and it is timely to reflect on NIWA’s performance. Since its establishment on 1 July 1992, NIWA has more than doubled its annual revenues to reach $81.3 million in 2001–02. In that time, pre-tax surplus has increased from $2.72 million to $7.47 million, and permanent staff numbers have grown by over 55%.
Chairman’s Report
The NIWA Executive
Chief Executive’s Report
The NIWA Board of Directors
Financial Highlights
NIWA’s Social and Environmental Contribution
Chairman’s Report
This is my final report as Chairman. I have served on the board of NIWA since 1994 and have seen the company more than double its revenues, from $36.2 million to this year's level of $77.1 million. In that time, pre-tax profit has increased from $2.2 million to $7.3 million.
Chairman’s Report
The NIWA Executive
Chief Executive’s Report
The NIWA Board of Directors
Financial Highlights
NIWA’s Social and Environmental Contribution
Chairman’s Report
NIWA has produced a record financial result of $8.001 million before tax in the year to 30 June 2000. This has resulted in a net surplus of $5.326 million, an increase of 13.5% over the previous year. The overall return on average shareholders’ funds was 10.9%, which is ahead of NIWA’s weighted average cost of capital.
Chairman’s Report
The NIWA Executive
Chief Executive’s Report
The NIWA Board of Directors
Financial Highlights
Non-Financial Performance
Chairman’s Report
NIWA has produced a record financial result of $7.037 million pre tax, which results in an after-tax net profit of $4.693 million, an increase of 30.1% over the previous year. The overall return on average shareholders’ funds is an acceptable 10.7%.