Communications, Services & Infrastructure Sector
Invercargill Airport Ltd (IAL)
IAL is a council-controlled trading organisation in which the Crown has a 45% shareholding. The remaining 55% is owned by Invercargill City Council.
IAL operates the Invercargill Airport facility, west of Invercargill, servicing the Southland and Fiordland regions.
Website: www.invercargillairport.co.nz (opens in a new window)
2009/10 Statement of Corporate Intent
(.pdf,
30.5kB)
Key Company Information
Key Company Data - Invercargill Airport Ltd (IAL)
| Company Form | Council-controlled trading organisation |
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| Year of Establishment | 1992 |
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| Head Office | Invercargill |
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| Chair (term expiry) | Merv Cook* |
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| Board Membership |
Joe Connell* (October 2012)
Thomas Foggo (October 2012)
Martin Walton (October 2010) |
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| General Manager | Barry Bouton |
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| Balance Date | 30 June |
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| Number of FTE Staff | 7 |
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Key Financial Data
Invercargill Airport Ltd (IAL)
| Key Financial Data ($million) | 2004/05 | 2005/06 | 2006/07 | 2007/08 | 2008/09 |
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| Operating Revenue | 1.6 | 1.7 | 1.7 | 1.9 | 2.0 |
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| EBITDAF | 0.6 | 0.6 | 0.5 | 0.6 | 0.7 |
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| Net Profit After Tax | 0.1 | 0.1 | 0.4 | 0.7 | 0.1 |
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| Shareholder Equity | 8.0 | 8.6 | 6.2 | 6.9 | 7.0 |
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| Assets | 11.5 | 13.3 | 11.3 | 12.2 | 12.4 |
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| Dividends | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
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| Return on Equity | 1.1% | 1.3% | 5.8% | 10.7% | 1.7% |
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| Return on Assets | 2.1% | 1.8% | 4.3% | 8.3% | 0.8% |
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| Gearing | 26.6% | 31.9% | 36.4% | 30.4% | 27.5% |
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Financial data correct as at 30 June 2009.
