Communications, Services & Infrastructure Sector
Television New Zealand Ltd (TVNZ)
TVNZ’s main functions include the provision of television content via two of New Zealand’s five main free-to-air television channels, web-based
news services and tvnz ondemand.
TVNZ was formerly anSOE but became a Crown-owned company
on 1 January 2004 when the TVNZ Group’s transmission business, Transmission Holdings Ltd, was separated.
The transmission business remained an SOE and changed its name to Kordia in
November 2006.
Website: www.tvnz.co.nz (opens in new window)
2009/12 Statement of Intent (.pdf,
142kB)
Key Company Information
Key Company Data - Television New Zealand Ltd (TVNZ)
| Company Form | Crown entity company |
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| Year of Establishment | 2004 |
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| Head Office | Auckland |
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| Chair (term expiry) | Sir John Anderson (April 2011) |
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| Board Membership | Anne Blackburn (April 2012)
Prof Bryan Gould (October 2010)
John Goulter (April 2011)
June McCabe (October 2010)
Joan Withers (April 2012) |
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| CEO | Rick Ellis |
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| Balance Date | 30 June |
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| Number of FTE Staff | 1022 |
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Key Financial Data
Television New Zealand Ltd
| Key Financial Data ($million) | 2004/05 | 2005/06 | 2006/07 | 2007/08 | 2008/09 |
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| Operating Revenue | 434.0 | 406.9 | 374.1 | 391.2 | 384.4 |
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| EBITDAF | 21.4 | 32.6 | 12.9 | 41.9 | 23.0 |
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| Net Profit After Tax | 6.3 | 13.3 | -4.5 | 19.4 | 2.1 |
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| Shareholder Equity | 270.1 | 198.9 | 194.4 | 182.7 | 184.9 |
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| Assets | 333.6 | 312.3 | 313.7 | 312.2 | 304.4 |
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| Dividends | 48.1 | 84.5 | 0.0 | 10.3 | 1.5 |
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| Return on Equity | 2.2% | 5.7% | -2.3% | 10.3% | 1.1% |
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| Return on Assets | 1.9% | 5.4% | -0.9% | 10.6% | 1.8% |
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| Gearing | 0.0% | 15.2% | 13.3% | 11.1% | 15.6% |
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Financial data correct as at 30 June 2009.
