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)
2008/09 Statement of Corporate Intent (.pdf
149kb)
Key Company Data
| Company Form |
State-owned enterprise
|
| Year of Establishment |
1994
|
| Head Office |
Wellington
|
| Chair (term expiry) |
Wayne Brown (October 2010)
|
| Deputy Chair |
Paul Cochrane (April 2009) |
| Board Membership |
Ian Donald (April 2009) |
| |
Gregory Fortuin (October 2010) |
| |
Ian Fraser (April 2010) |
| |
John Irving (April 2011)
|
| |
Hon Jim Sutton (October 2010) |
| |
Elena Trout (October 2010)
|
| |
Mark Tume (April 2009)
|
| CEO |
Patrick Strange
|
| Balance Date |
30 June
|
| Number of FTE Staff |
508 (excl. subsidiaries)
|
Key Financial Data
($ million) |
2002/03 |
2003/04 |
2004/05 |
2005/05 |
2006/07 |
| Financial Performance |
|
|
|
|
|
| Total Operating Revenue |
548.4 |
534.1 |
636.1 |
640.2 |
651.4 |
| Net Profit After Tax |
23.2 |
59.2 |
141.5 |
96.9 |
126.1 |
| Financial Position |
|
|
|
|
|
| Total Assets |
2,241.8 |
2,215.1 |
2,743.5 |
2,888.3 |
3,050.9 |
| Equity |
1,001.0 |
1,043.6 |
1,145.1 |
1,232.0 |
1,358.1 |
Financial data and staff member information correct as
at 30 June 2007. All other information correct as at 1 May 2008.
