2011 Annual Portfolio Report
This report describes the financial performance of 41 government-owned enterprises that have full or partial commercial objectives. Collectively these enterprises employ approximately 35,000 people, and hold assets of almost $105 billion, of which over $59 billion is in commercially focused companies and over $45 billion in investment funds.
This 2011 Annual Portfolio Report was published at the same time as two information releases: SOE Economic Profit Analysis and 2011 Valuation Reports.
Contents
Foreword
The Crown's Commercial and Financial Portfolio: Highlights
Composition of the Crown's Commercial and Financial Portfolio
Crown Financial Institution Performance
Commercial Priority Portfolio Overview
Special Topic: Independent Commercial Valuation Reports
Special Topic: Commercial Priority Portfolio Economic Profit Analysis
Special Topic: Improving State-owned Enterprise Transparency
Special Topic: CFI Risk Tolerance
2010/11 Board Appointment Activity
Crown Financial Institutions
- Accident Compensation Corporation
- Earthquake Commission
- Government Superannuation Fund
- National Provident Fund
- New Zealand Superannuation Fund
Commercial Priority Companies
- Air New Zealand Limited
- Airways Corporation of New Zealand Limited
- Animal Control Products Limited
- AsureQuality Limited
- Crown Fibre Holdings Limited
- Genesis Power Limited
- Kordia Group Limited
- Landcorp Farming Limited
- Learning Media Limited
- Meridian Energy Limited
- Meteorological Service of New Zealand Limited
- Mighty River Power Limited
- New Zealand Post Limited
- New Zealand Railways Corporation (trading as KiwiRail Group)
- Public Trust
- Quotable Value Limited
- Solid Energy New Zealand Limited
- Television New Zealand Limited
- Transpower New Zealand Limited
