Energy, Land & Environment Sector
Transpower New Zealand Ltd (Transpower)
Transpower owns and operates the national grid for transmission of electricity from producers to distributors and some customers. Transpower has several subsidiary and associate companies, including Risk Reinsurance Ltd, which provides in-house insurance.
Website: www.transpower.co.nz (opens in a new window)
2009/10 Statement of Corporate Intent (.pdf
149kb)
Key Company Information
Key Company Data - Transpower New Zealand Ltd (Transpower)
| Company Form | State-owned enterprise |
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| Year of Establishment | 1994 |
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| Head Office | Wellington |
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| Chair (term expiry) | Wayne Brown (October 2010) |
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| Deputy Chair | Ian Donald (April 2011) |
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| Board Membership | Dr Don Brash (April 2012)
Abby Foote (April 2012)
Ian Fraser (April 2013)
John Irving (April 2011)
Mike Pohio (April 2012)
Elena Trout (October 2010) |
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| CEO | Patrick Strange |
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| Balance Date | 30 June |
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| Number of FTE Staff | 541 (excl. subsidiaries) |
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Key Financial Data
Transpower New Zealand Ltd (Transpower)
| Key Financial Data ($million) | 2004/05 | 2005/06 | 2006/07 | 2007/08 | 2008/09 |
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| Operating Revenue | 601.5 | 640.2 | 651.5 | 642.2 | 693.7 |
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| EBITDAF | 339.6 | 335.5 | 360.6 | 381.7 | 407.6 |
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| Net Profit After Tax | 141.5 | 96.9 | 126.1 | 78.1 | 92.9 |
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| Shareholder Equity | 1145.1 | 1232.0 | 1358.1 | 1307.5 | 1399.9 |
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| Assets | 2743.5 | 2888.3 | 3050.9 | 2840.9 | 3106.4 |
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| Dividends | 10.0 | 0.0 | 0.0 | 0.0 | 0.0 |
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| Return on Equity | 12.9% | 8.2% | 9.7% | 5.9% | 6.9% |
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| Return on Assets | 10.1% | 7.3% | 7.8% | 6.0% | 6.4% |
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| Gearing | 56.9% | 55.5% | 53.9% | 47.1% | 48.0% |
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Financial data correct as at 30 June 2009.
