Energy, Land & Environment Sector
Meteorological Service of New Zealand Ltd (MetService)
MetService provides weather information and presentation services in the
form of forecasts, warnings, advice and graphical representation of data. It
has particular expertise in supporting the media, aviation, and energy
industries, and in national meteorological service operation.
Website: www.metservice.com (opens in a new window)
2010/12 Statement of Corporate Intent
(.pdf, 88kB)
Key Company Information
Key Company Data - Meteorological Service of New Zealand Ltd (MetService)
| Company Form | State-owned enterprise |
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| Year of Establishment | 1992 |
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| Head Office | Wellington |
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| Chair (term expiry) | Sarah Astor (April 2012) |
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| Deputy Chair | Polly Schaverien (October 2010) |
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| Board Membership | David Houldsworth (October 2012)
Joanne Keestra (October 2010)
James Koh (April 2011)
Gregory Whitau (October 2010) |
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| CEO | Paul Reid |
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| Balance Date | 30 June |
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| Number of FTE Staff | 201 |
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Key Financial Data
Meteorological Service of New Zealand Ltd
| Key Financial Data ($million) | 2004/05 | 2005/06 | 2006/07 | 2007/08 | 2008/09 |
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| Operating Revenue | 30.8 | 29.6 | 31.3 | 35.0 | 36.8 |
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| EBITDAF | 9.1 | 7.5 | 6.6 | 7.7 | 8.8 |
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| Net Profit After Tax | 4.2 | 2.8 | 2.4 | 2.9 | 3.2 |
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| Shareholder Equity | 7.3 | 6.9 | 6.0 | 8.6 | 11.4 |
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| Assets | 15.9 | 16.3 | 17.2 | 21.5 | 23.8 |
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| Dividends | 8.3 | 1.7 | 2.5 | 0.0 | 1.6 |
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| Return on Equity | 47.4% | 39.3% | 36.3% | 39.5% | 32.5% |
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| Return on Assets | 39.2% | 27.0% | 22.0% | 24.6% | 22.6% |
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| Gearing | 33.1% | 32.8% | 38.2% | 39.7% | 30.3% |
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Financial data correct as at 30 June 2009.
