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)
2007/08 Statement of Intent (.pdf,
142kB)
Key Company Data
| Company Form |
Crown entity company
|
| Year of Establishment |
2004
|
| Head Office |
Auckland
|
| Chair (term expiry) |
Sir John Anderson (December 2008) |
| Deputy Chair |
Robert Fenwick (October 2009)
|
| Board Membership |
Anne Blackburn (April 2009) |
| |
Prof Bryan Gould (October 2010) |
| |
John Goulter (April 2011) |
| |
June McCabe (October 2010) |
| |
Phillip Melchior (April 2009) |
| CEO |
Rick Ellis |
| Balance Date |
30 June
|
| Number of FTE Staff |
1,063
|
Key Financial Data
($ million) |
2002/03 |
2003/04* |
2004/05** |
2005/06 |
2006/07 |
| Financial Performance |
|
|
|
|
|
| Total Operating Revenue |
492.1 |
470.5 |
436.7 |
409.8 |
375.2 |
| Net Profit After Tax |
29.1 |
28.2 |
6.3 |
13.3 |
(4.5) |
| Financial Position |
|
|
|
|
|
| Total Assets |
526.7 |
378.6 |
333.6 |
312.3 |
313.7 |
| Equity |
381.7 |
311.9 |
270.1 |
198.9 |
194.4 |
* Includes six months of transmission business, which became a separate state-owned enterprise, Transmission Holdings Ltd
(now Kordia Ltd), on 1 January 2004.
** A revision of TVNZ's programme utilisation policy
- reducing the programme utilisation period for non - movies from 24 to
12 months, and for movies from 48 to 36 months - resulted in an
additional pre-tax expense of $50.7 million being charged in 2004/05.
Financial data and staff member information correct as
at 30 June 2007. All other information correct as at 1 November 2007.
