Science & Innovation Sector

The New Zealand Institute  for Plant & Food Research Ltd (Plant & Food Research)

Plant & Food Research was formed on 1 December 2008 as a result of the amalgamation between two CRIs, New Zealand Institute for Crop & Food Research Ltd (Crop & Food Research) and The Horticulture and Food Research Institute of New Zealand Ltd (HortResearch). Plant & Food Research holds a significant proportion of the research capability that underpins plant-based foods in New Zealand. The company has extensive scientific expertise in the areas of sustainable production, elite genetics and smart breeding, and food for health. It has a strongly developing international policy, with bases in Europe, the United States and Australia, based largely around new cultivar licensing, behind-border fruit production, fruit, food and environmental research consultancies, biotechnology and food commercialisation. The company is strong in collaborative research on cereals, vegetables and food for health and nutrition in Australia.

Website: www.plantandfood.co.nz (opens in new window)

2009/12 Statement of Corporate Intent (502 KB)

Key Company Information

Key Company Data - The New Zealand Institute for Plant & Food Research Ltd (Plant & Food Research)

Company Form	Crown research institute
Year of Establishment	2008
Head Office	Auckland
Major Campuses	Lincoln, Palmerston North, Nelson, Marlborough, Havelock North
Chair (term expiry)	Michael Ahie (June 2013)
Deputy Chair	Rodney Wong (June 2011)
Board Membership	Mark Bayly (June 2012) Janie Elrick (June 2011) Jane Hunter (June 2012) Jim Scotland (June 2012) Professor Alison Stewart (June 2012) Mark Stuart (June 2013)
CEO	Peter Landon-Lane
Balance Date	30 June
Number of FTE Staff	787

Key Financial Data

The New Zealand Institute for Plant & Food Research Ltd

Key Financial Data ($million)	2004/05	2005/06	2006/07	2007/08	2008/091
Operating Revenue	0.0	0.0	0.0	0.0	92.3
EBITDAF	0.0	0.0	0.0	0.0	5.5
Net Profit After Tax	0.0	0.0	0.0	0.0	-3.5
Shareholder Equity	0.0	0.0	0.0	0.0	73.2
Assets	0.0	0.0	0.0	0.0	103.4
Dividends	0.0	0.0	0.0	0.0	1.4
Return on Equity	0.0%	0.0%	0.0%	0.0%	-4.6%
Return on Assets	0.0%	0.0%	0.0%	0.0%	-2.5%
Gearing	0.0%	0.0%	0.0%	0.0%	0.0%

¹ 2008/09 data reflects 5 months of Crop & Food Research and 7 months of Plant & Food Research

Financial data correct as at 30 June 2009.