Energy, Land & Environment Sector
AsureQuality (AsureQuality)
AsureQuality Ltd was established as an SOE on 1 October 2007, from an
amalgamation of Asure New Zealand Ltd and AgriQuality Ltd.
AsureQuality provides a wide-range of services to the food and primary
industries in both New Zealand and Australia. These services include
mandatory meat inspection, product and process verification, inspection,
auditing, testing, training and biosecurity surveillance and response.
Website: www.asurequality.co.nz
(opens in a new window)
2008/11 Statement of Corporate Intent
(.pdf,
113kB)
Key Company Information
Key Company Data - AsureQuality (AsureQuality)
| Company Form | State-owned enterprise |
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| Year of Establishment | 2007 |
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| Head Office | Auckland |
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| Chair (term expiry) | John Spencer (October 2010) |
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| Deputy Chair | John Ashby (April 2012) |
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| Board Membership | Sarah Herrod (October 2012)
Dianne Kidd (April 2013)
Jane Lancaster (October 2012)
Dean Nikora (April 2012)
Joanna Perry (October 2010)
Sam Robinson (October 2010)
Garry Wilson (October 2010) |
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| CEO | Tony Egan |
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| Balance Date | 30 September |
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Key Financial Data
AsureQuality Ltd
| Key Financial Data ($million) | 2004/05 | 2005/06 | 2006/07 | 2007/08 | 2008/09 |
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| Operating Revenue | 130.7 | 130.1 | 154.0 | 138.1 | 136.7 |
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| EBITDAF | 11.8 | 10.0 | 10.4 | 12.2 | 12.7 |
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| Net Profit After Tax | 4.3 | 2.3 | -3.9 | 5.0 | 4.9 |
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| Shareholder Equity | 29.6 | 35.0 | 27.3 | 30.6 | 31.1 |
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| Assets | 58.1 | 73.2 | 68.7 | 61.0 | 57.0 |
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| Dividends | 3.2 | 4.8 | 0.0 | 0.0 | 3.0 |
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| Return on Equity | 14.9% | 7.1% | -12.6% | 17.3% | 15.8% |
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| Return on Assets | 13.1% | 7.8% | -0.2% | 12.2% | 14.0% |
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| Gearing | 0.0% | 7.9% | 22.1% | 11.4% | 10.8% |
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Financial data correct as at 30 June 2009.
