Communications, Services & Infrastructure Sector
New Zealand Post Ltd (NZ Post)
NZ Post operates New Zealand’s largest postal and courier businesses. NZ
Post is one of the largest SOEs in terms of revenue, assets and employees. It also has a number of related business activities, such as philatelic and international consultancy business units and an extensive network of retail outlets.
In February 2002, NZ Post launched Kiwibank Ltd, which leverages off NZ Post's existing investment in its existing infrastructure.
Websites: www.nzpost.co.nz, www.kiwibank.co.nz (open in new windows)
2008/11 Statement of Intent (.pdf
909kb)
Key Company Information
Key Company Data - New Zealand Post Ltd (NZ Post)
| Company Form | State-owned enterprise |
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| Year of Establishment | 1987 |
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| Head Office | Wellington |
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| Chair (term expiry) | Rt Hon Jim Bolger (October 2010) |
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| Deputy Chair | Hon Dr Michael Cullen (April 2012) |
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| Board Membership | Shale Chambers (October 2010)
Pip Dunphy (October 2010)
Murray Gribben (October 2012)
Temuera Hall (April 2012)
David Willis (April 2013)
Justine Smyth (April 2012) |
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| CEO | Brian Roche |
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| Balance Date | 30 June |
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| Number of FTE Staff | 8132 |
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Key Financial Data
NZ Post
| Key Financial Data ($million) | 2004/05 | 2005/06 | 2006/07 | 2007/08 | 2008/09 |
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| Operating Revenue | 1105.7 | 1084.0 | 1196.8 | 1290.0 | 1253.8 |
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| EBITDAF | 130.1 | 122.1 | 151.2 | 170.9 | 163.6 |
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| Net Profit After Tax | 137.2 | 68.7 | 70.2 | 110.2 | 71.8 |
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| Shareholder Equity | 483.4 | 534.1 | 595.8 | 666.6 | 669.2 |
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| Assets | 2506.1 | 3733.8 | 5497.9 | 8036.7 | 11304.0 |
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| Dividends | 50.1 | 27.7 | 30.8 | 23.5 | 6.9 |
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| Return on Equity | 32.9% | 13.5% | 12.4% | 17.5% | 10.8% |
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| Return on Assets | 7.7% | 3.1% | 2.3% | 2.2% | 1.1% |
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| Gearing | 77.7% | 84.4% | 87.8% | 91.0% | 93.6% |
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Financial data correct as at 30 June 2009.
