Communications, Services & Infrastructure Sector

Learning Media Ltd (LML)

LML’s core business is the publication, production, marketing and sale of educational materials, particularly to the Ministry of Education. LML warehouses educational material and fulfils orders for this material, mainly from New Zealand schools. LML also develops education material for overseas markets, in particular the United States.

LML was established as a Crown-owned company in 1993, but became a state-owned enterprise in January 2005.

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

2008/11 Statement of Intent (.pdf 230kb)

Key Company Data

Company Form	State-owned enterprise
Year of Establishment	2005
Head Office	Wellington
Chair (term expiry)	Jeremy Rickman (April 2009)
Deputy Chair	Joanna Beresford (October 2009)
Board Membership	Lindsay Corban (October 2010)
	Stephen Mills (October 2009)
	Ian Wilson (April 2009)
	Dianne Yates (April 2011)
CEO	Gillian Candler
Balance Date	30 June
Number of FTE Staff	119

 

 

Key Financial Data ($ million)	2002/03	2003/04	2004/05	2005/06	2006/07
Financial Performance
Total Operating Revenue	28.5	25.2	24.1	23.6	25.1
Net Profit After Tax	0.8	0.1	0.4	1.0	0.2
Financial Position
Total Assets	16.5	13.1	11.8	14.9	17.0
Equity	5.6	4.4	4.6	5.6	5.7

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