Science & Innovation Sector

Institute of Environmental Science & Research Ltd (ESR)

ESR provides science solutions in public health, environmental health and forensic services. It delivers forensic, consulting and research services to public and private sectors, both in New Zealand and the Asia-Pacific region. Its major New Zealand clients are the Ministry of Health and the New Zealand Police.

Website: www.esr.cri.nz (opens in new window)

2007/08 Statement of Corporate Intent (.pdf 256kb)

Key Company Data

Company Form	Crown research institute
Year of Establishment	1992
Head Office	Wellington
Major Campuses	Auckland, Kenepuru (Wellington), Christchurch
Chair (term expiry)	Ian Wilson (June 2009)
Deputy Chair	Dr Garth Carnaby (June 2010)
Board Membership	Prof Stephen Chambers (June 2010)
	Dr Judith Johnston (June 2010)
	Sharon Opai (June 2009)
	Dr Mere Roberts (June 2010)
CEO	Dr John Hay
Balance Date	30 June
Number of FTE Staff	382

 

 

Key Financial Data ($ million)	2002/03	2003/04	2004/05	2005/06	2006/07
Financial Performance
Total Revenue	33.1	36.9	40.6	45.5	51.0
FRST Revenue + NSOF / Capability	3.1	N/A	2.7	6.4	N/A
EBIT	1.6	2.8	3.4	3.6	5.0
Net Profit After Tax	1.1	1.8	2.2	2.6	3.7
EBIT Margin	5.0%	7.5%	8.3%	7.2%	9.8%
Return on Assets	6.9%	11.1%	11.8%	11.3%	14.1%
Return on Equity	6.4%	9.8%	11.0%	11.5%	14.4%
Financial Position
Total Assets	24.3	25.6	30.0	33.9	36.7
Equity	17.3	19.2	21.4	24.0	27.6
Equity Ratio	71.4%	74.8%	71.1%	71.0%	72.9
Current Ratio	0.9	1.4	1.2	1.1	1.4

Financial data and staff member information correct as at 30 June 2007. All other information correct as at 1 July 2008.

CCMAU commentary on 2006/07 performance

ESR recorded a 12.1% increase in operating revenue, which was ahead of budget by $393,000.  This resulted in a year-end net profit after tax of $3.7 million, $786,000 ahead of budget, with a return on equity of 14.4% for 2006/07.

The continued financial success of ESR over the last couple of years has enabled the company to make strategic investments.  During 2006/07, the company launched SurvINZ, a state-of-the-art surveillance platform for infectious diseases.  Additionally, building work on ESR’s laboratories for the National Centre for Biosecurity and Infectious Disease started in June 2007 with completion expected in early 2008.