Communications, Services & Infrastructure Sector
Dunedin International Airport Ltd (DIAL)
DIAL is a council-controlled trading organisation in which the Crown has a 50% shareholding. The remaining 50% is owned by Dunedin City Council.
DIAL operates the Dunedin International Airport facility, a surrounding dairy farm and a nearby residential village on the Taieri Plains just south of Dunedin. The airport is largely domestic-based but has international flights to Australia.
Website: www.dnairport.co.nz (opens in new window)
2008/09 Statement of Corporate Intent (.pdf,
47kB)
Key Company Information
Key Company Data - Dunedin International Airport Ltd (DIAL)
| Company Form | Council-controlled trading organisation |
| Year of Establishment | 1990 |
| Head Office | Dunedin |
| ChairĀ (term expiry) | Richard Walls* |
| Board Membership | Kathy Grant (October 2010)
Geoff Thomas (April 2012)
Stuart McLauchlan*
(* non-Crown director) |
| CEO | John McCall |
| Balance Date | 30 June |
| Number of FTE Staff | 21 |
Key Financial Data
Dunedin International Airport Ltd (DIAL)
| Key Financial Data ($million) | 2004/05 | 2005/06 | 2006/07 | 2007/08 | 2008/09 |
| Operating Revenue | 6.1 | 6.5 | 6.9 | 7.9 | 7.7 |
| EBITDAF | 3.6 | 3.8 | 4.0 | 4.3 | 3.5 |
| Net Profit After Tax | 1.4 | 0.8 | 0.3 | -0.3 | -0.9 |
| Shareholder Equity | 24.0 | 24.0 | 22.3 | 33.6 | 31.4 |
| Assets | 33.5 | 47.9 | 49.1 | 62.0 | 60.6 |
| Dividends | 0.9 | 0.4 | 0.0 | 0.2 | 0.0 |
| Return on Equity | 6.0% | 3.3% | 1.4% | -1.2% | 0.0% |
| Return on Assets | 8.6% | 5.8% | 3.9% | 2.7% | 0.0% |
| Gearing | 22.7% | 46.8% | 50.8% | 39.7% | 0.0% |
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Financial data correct as at 30 June 2009.