Communications, Services & Infrastructure Sector
Kordia Group Ltd (Kordia)
Kordia is a trans-Tasman communications network group made up of three
operating companies. Kordia was
created on 1 January 2004 from the separation of the transmission and
telecommunications business from Television New Zealand Ltd.
Kordia supplies transmission and linking services to the broadcast and
telecommunications industries in New Zealand and engineering services to the
broadcasting and wireless telecommunications industries in Australia.
Kordia was previously known as Transmission Holdings Ltd.
Website: www.kordiasolutions.com
(opens in new window)
2010 Statement
of Corporate Intent (.pdf 74.7 kB)
Key Company Information
Key Company Data - Kordia Group Ltd (Kordia)
| Company Form | State-owned enterprise |
| Year of Establishment | 2004 |
| Head Office | Auckland |
| Chair (term expiry) | David Clarke (April 2012) |
| Deputy Chair | Janine Smith (April 2012) |
| Board Membership | Ken Benson (October 2012)
Rhoda Holmes (October 2012)
Phillip Meyer (October 2010)
Taari Nicholas (April 2011)
Lorraine Witten (April 2011) |
| CEO | Geoff Hunt |
| Balance Date | 30 June |
| Number of FTE Staff | 784 |
Key Financial Data
Kordia
| Key Financial Data ($million) | 2004/05 | 2005/06 | 2006/07 | 2007/08 | 2008/09 |
| Operating Revenue | 130.1 | 200.5 | 264.1 | 238.9 | 253.7 |
| EBITDAF | 44.8 | 49.0 | 51.3 | 41.9 | 41.2 |
| Net Profit After Tax | 15.1 | 9.8 | 11.9 | 0.8 | -1.1 |
| Shareholder Equity | 100.7 | 100.8 | 106.2 | 101.5 | 97.0 |
| Assets | 179.7 | 205.6 | 223.7 | 263.0 | 278.3 |
| Dividends | 10.6 | 6.9 | 8.3 | 3.7 | 0.0 |
| Return on Equity | 15.6% | 9.7% | 11.5% | 0.8% | -1.1% |
| Return on Assets | 14.4% | 11.1% | 11.2% | 5.3% | 2.7% |
| Gearing | 30.2% | 37.7% | 38.0% | 52.1% | 52.1% |
|---|
Financial data correct as at 30 June 2009.