2017 sit annual report whole book website size

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ANNUAL REPORT

Southern Institute of Technology

2017


2

ANNUAL REPORT 2017


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ANNUAL REPORT 2017

INDEX 04

Mission and Goals

06

Our Year in Numbers

08

Our 2017 Highlights

10

Governance and Management

18

Student Achievement

26

Student Support

30

DĈŽƌŝ ^ƚƵĚĞŶƚƐ ĂŶĚ WĂƌƚŶĞƌƐŚŝƉƐ

34

/ŶƚĞƌŶĂƟŽŶĂů ^ƚƵĚĞŶƚƐ ĂŶĚ WĂƌƚŶĞƌƐ

39

Community, Industry, Business

47

^ƚĂī &ŽĐƵƐ

57

^ƚĂƚĞŵĞŶƚ ŽĨ ^ĞƌǀŝĐĞ WĞƌĨŽƌŵĂŶĐĞ

62

Statement of Responsibility

63

Independent Auditor’s Report

66

^ƚĂƚĞŵĞŶƚ ŽĨ ĐĐŽƵŶƟŶŐ WŽůŝĐŝĞƐ

73

&ŝŶĂŶĐŝĂů ^ƚĂƚĞŵĞŶƚƐ

95

Glossary of Acronyms

WƌŝǀĂƚĞ ĂŐ ϵϬϭϭϰ 133 Tay Street Invercargill WŚŽŶĞ

;ϬϯͿ Ϯϭϭ Ϯϲϵϵ

&Ădž

;ϬϯͿ Ϯϭϰ ϰϵϳϳ

&ƌĞĞƉŽƐƚ ϲϮϲϴϱ &ƌĞĞ WŚŽŶĞ ϬϴϬϬ ϰ Ϭ & ^ ;ϬϴϬϬ ϰ Ϭ ϯϯϯϳͿ Website www.sit.ac.nz


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ANNUAL REPORT 2017

MISSION STATEMENT STATEMENT

OF PURPOSE

^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ ƉƌŽǀŝĚĞƐ ƋƵĂůŝƚLJ ǀŽĐĂƟŽŶĂů ĞĚƵĐĂƟŽŶ ǁŚŝĐŚ ĞƋƵŝƉƐ people with the knowledge and skills to be ĞīĞĐƟǀĞ ŝŶĚƵƐƚƌLJ ƉĂƌƟĐŝƉĂŶƚƐ͘

^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ ǁŝůů ƉƌŽǀŝĚĞ ƐƚƵĚĞŶƚƐ ǁŝƚŚ ƋƵĂůŝƚLJ ĞĚƵĐĂƟŽŶ and training services.

ǁŚĂŬĂƌĂƚŽ ĂŶĂ dĞ tŚĂƌĞ tćŶĂŶŐĂ Ž DƵƌŝŚŝŬƵ ŝ ŶŐć ƌĂƚŽŶŐĂ ŚƵĂƌĂŚŝ ŬŝĂ whakarawe i te tangata kit e mohiotanga ŵĞ ŬĂ ƉƺŬĞŶŐĂ ŬŝĂ ŵĂŚŝ ƟŬĂ Ăŝ Ă ŝĂ ŬĞŝ ƌŽƚŽ ŶĞŝ / ƚƃŶĂ ĂŚƵŵĂŚŝ dŚĞ DŝƐƐŝŽŶ ^ƚĂƚĞŵĞŶƚ͕ ŝŶ ƚƵƌŶ͕ ĚĞĮŶĞƐ ƚŚĞ /ŶƐƟƚƵƚĞ͛Ɛ ^ƚĂƚĞŵĞŶƚ ŽĨ WƵƌƉŽƐĞ͕ ǁŚŝĐŚ acknowledges its primary commitment to its student base. By providing welltrained and competent graduates, the /ŶƐƟƚƵƚĞ ĂůƐŽ ƐƵƉƉŽƌƚƐ ƚŚĞ ŝŶĚƵƐƚƌŝĞƐ ĂŶĚ professions that provide ongoing and future employment.

<Ă ǁŚĂŶŐĂŝƟĂ Ğ dĞ tŚĂƌĞ tćŶĂŶŐĂ Ž DƵƌŝŚŝŬƵ ŶŐć ƚĂƵŝƌĂ Ŭŝ ŶŐć ŵćƚĂƵƌĂŶŐĂ ŵĞ ŶŐć ĂŬŽƌĂŶŐĂ ƟŶŽ ƚĞŝƚĞŝ ^/d ĨƵůĮůƐ ƚŚŝƐ ƉƵƌƉŽƐĞ ǁŚĞŶ ŝƚ ƉƌŽǀŝĚĞƐ ůĞĂƌŶŝŶŐ ŽƉƉŽƌƚƵŶŝƟĞƐ ĨŽƌ ŝƚƐ ƐƚƵĚĞŶƚƐ that are industry focussed, challenging, personally enriching, valued by ƉĂƌƟĐŝƉĂŶƚƐ͕ ĂŶĚ ǁŚŝĐŚ ĞƋƵŝƉ ƚŚĞŵ to apply high level skills in a variety of business, industry and professional ƐĞƫŶŐƐ͘


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ANNUAL REPORT 2017

GOALS AND CONTINUING OBJECTIVES

1

WƌŽǀŝĚĞ ĨŽƌ ĂŶĚ ĞŶĐŽƵƌĂŐĞ ƐƚƵĚĞŶƚ ƉĂƌƟĐŝƉĂƟŽŶ and achievement in a range of quality learning ŽƉƉŽƌƚƵŶŝƟĞƐ ĂŶĚ ƐĞƌǀŝĐĞƐ ŶŚĂŶĐĞ ĂĐĂĚĞŵŝĐ ĂĐŚŝĞǀĞŵĞŶƚ ĂŶĚ ƐĂƟƐĨĂĐƟŽŶ ŽĨ stakeholders KīĞƌ Ă ƌĂŶŐĞ ŽĨ ƉƌŽŐƌĂŵŵĞƐ͕ ƐƚĂŝƌͲĐĂƐŝŶŐ ŽƉƉŽƌƚƵŶŝƟĞƐ͕ ĂŶĚ ŇĞdžŝďůĞ ĚĞůŝǀĞƌLJ ŵŽĚĞƐ ǁŚŝĐŚ ƉƌŽǀŝĚĞ ŽĐĐƵƉĂƟŽŶĂů ĂŶĚ ůŝĨĞ ƐŬŝůůƐ /ŵƉƌŽǀĞ ƚŚĞ ƌĞƉƌĞƐĞŶƚĂƟŽŶ ĂŶĚ ĂĐŚŝĞǀĞŵĞŶƚ ŽĨ under-represented and disadvantaged groups WƌŽǀŝĚĞ Ă ƌĂŶŐĞ ŽĨ ƐƚƵĚĞŶƚ ĂŶĚ ƐƚĂī ƐƵƉƉŽƌƚ services

2

&ŽƐƚĞƌ ŽƵƌ ƐŽĐŝĂů ĂŶĚ ƉƌŽĨĞƐƐŝŽŶĂů ŽďůŝŐĂƟŽŶƐ ƚŽ ďŽƚŚ ƐƚĂŬĞŚŽůĚĞƌƐ ĂŶĚ ƐƚĂī &ŽƐƚĞƌ ĂŶĚ ĞŶŚĂŶĐĞ ƌĞůĂƟŽŶƐŚŝƉƐ ǁŝƚŚ Ăůů ĞdžƚĞƌŶĂů stakeholders ŶŚĂŶĐĞ ĂŶĚ ƉƌŽŵŽƚĞ ĂŶ ƵŶĚĞƌƐƚĂŶĚŝŶŐ ŽĨ dĞ dŝƌŝƟ Ž tĂŝƚĂŶŐŝ ĂŶĚ ŝƚƐ ĂƉƉůŝĐĂƟŽŶ ƚŽ ƚŚĞ /ŶƐƟƚƵƟŽŶ Create and maintain policies which are consistent with the Human Rights Act WƌŽǀŝĚĞ Ă ƉŚLJƐŝĐĂůůLJ ĚĞƐŝƌĂďůĞ ĂŶĚ ƐĂĨĞ ůĞĂƌŶŝŶŐ ĂŶĚ working environment

3

KƉĞƌĂƚĞ Ă ǀŝĂďůĞ ĞĚƵĐĂƟŽŶĂůůLJ ĚŝƌĞĐƚĞĚ ďƵƐŝŶĞƐƐ ĞŶƟƚLJ DĂŶĂŐĞ ƚŚĞ ŽƌŐĂŶŝƐĂƟŽŶ ĞīĞĐƟǀĞůLJ ĂŶĚ ĞĸĐŝĞŶƚůLJ Demonstrate commitment to the employment and ĚĞǀĞůŽƉŵĞŶƚ ŽĨ ƋƵĂůŝƚLJ ƐƚĂī ŶŚĂŶĐĞ ƌĞǀĞŶƵĞ ŝŶĐŽŵĞ ĨƌŽŵ ŽƚŚĞƌ ƚŚĂŶ 'ŽǀĞƌŶŵĞŶƚ ĨƵŶĚĞĚ ĂĐƟǀŝƟĞƐ


OUR YEAR IN NUMBERS

13,823

Students

4,952 200+ 5 &d^

97 of SIT Graduates ŝŶ ŵƉůŽLJŵĞŶƚ Žƌ ^ƚƵĚLJŝŶŐ

WƌŽŐƌĂŵŵĞƐ

%

Graduate Outcome Survey 2017

93 Overall Student ^ĂƟƐĨĂĐƟŽŶ

• Invercargill • Christchurch • Queenstown • Gore

Campuses • Auckland

%

^ƚƵĚĞŶƚ ^ĂƟƐĨĂĐƟŽŶ ^ƵƌǀĞLJ ϮϬϭϳ

$47,000

Share of associates surplus total net assets

$666,000

ĚŽŵĞƐƟĐ ƐƚƵĚĞŶƚ ĨĞĞƐ

$7,756,000 other income

$49,137,000 ƚŽƚĂů ĞdžƉĞŶƐĞƐ

$11,655,000

ŝŶƚĞƌŶĂƟŽŶĂů ƐƚƵĚĞŶƚ ĨĞĞƐ

$33,038,000 government funding

$53,163,000 total income

$4,026,000 surplus


STUDENT GENDER*

47%

Male

53%

STUDENT AGE* Female

STUDENT ETHNICITY*

44%

56%

Under 25 years

25+ years

EŽƚĞ͗ dŽƚĂů ĞdžĐĞĞĚƐ ϭϬϬй ĂƐ ƐŽŵĞ ƐƚƵĚĞŶƚƐ ŝĚĞŶƟĨLJ ǁŝƚŚ ŵŽƌĞ ƚŚĂŶ ŽŶĞ ĞƚŚŶŝĐŝƚLJ

62.6%

11.9% 15.5% 2.5% 11.9%

ƵƌŽƉĞĂŶ DĂŽƌŝ ΎdŽƚĂů &d^ ŝŶĐůƵĚŝŶŐ 'ŽǀĞƌŶŵĞŶƚ &ƵŶĚĞĚ &d^

ƐŝĂŶ

WĂĐŝĮĐ KƚŚĞƌƐ /ƐůĂŶĚĞƌ


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ANNUAL REPORT 2017

OUR 2017 HIGHLIGHTS N

ew SIT apartments in Yarrow St Invercargill were completed and ĂǀĂŝůĂďůĞ ĨŽƌ ŝŶƚĞƌŶĂƟŽŶĂů ĂŶĚ ĚŽŵĞƐƟĐ students. SIT now has 280 beds available in Invercargill, and 71 beds available in Queenstown.

L

C

ŽŶŐƌĂƚƵůĂƟŽŶƐ ƚŽ ŽƵƌ ^/d ŽƵŶĐŝů ŚĂŝƌ WĞƚĞƌ ,ĞĞŶĂŶ on being awarded a Chartered Accountants ANZ &ĞůůŽǁƐŚŝƉ ǁŚŝĐŚ ƌĞĐŽŐŶŝƐĞƐ ŚŝƐ ŽƵƚƐƚĂŶĚŝŶŐ ƐĞƌǀŝĐĞ ƚŽ ƚŚĞ ĂĐĐŽƵŶƟŶŐ ƉƌŽĨĞƐƐŝŽŶ ĂŶĚ ƚŽ ŚŝƐ ĐŽŵŵƵŶŝƚLJ͘

T

he SIT Award Ceremony celebrated the achievements of SIT’s top students receiving 160 awards from industry, business and the community. The &ůĞƚĐŚĞƌ dƌƵƐƚ ǁĂƌĚ for outstanding progress ŝŶ Ă ĨƵůůͲƟŵĞ͕ ĨƵůůͲLJĞĂƌ programme was awarded to Chloe Banks from the ĞƌƟĮĐĂƚĞ ŝŶ ŶŐŝŶĞĞƌŝŶŐ͘ Chloe also received an Invercargill Licensing Trust Scholarship, the Dongwha WĂƟŶŶĂ E >ƚĚ ǁĂƌĚ͕ ĂŶĚ ƚŚĞ BOC Trophy for her outstanding work in engineering.

J

K

S

IT announced the Mayor Tim Shadbolt ĐĐŽŵŵŽĚĂƟŽŶ Bursaries for Invercargill; the bursaries provide ĨƌĞĞ ĂĐĐŽŵŵŽĚĂƟŽŶ up to $100 per week ĨŽƌ Ă ŵĂdžŝŵƵŵ of 40 weeks for students eligible for ĂŶĚ ĂĐĐĞƉƟŶŐ ƚŚĞ 'ŽǀĞƌŶŵĞŶƚ &ĞĞƐ &ƌĞĞ ^ĐŚĞŵĞ͘

I

T

ŚƌĞĞ DĂƐƚĞƌ͛Ɛ ƉƌŽŐƌĂŵŵĞƐ ĂƌĞ ŶŽǁ ŇŽƵƌŝƐŚŝŶŐ Ăƚ ^/d͘ dŚĞ DĂƐƚĞƌ ŽĨ /ŶĨŽƌŵĂƟŽŶ dĞĐŚŶŽůŽŐLJ ĚĞůŝǀĞƌĞĚ ŝƚƐ ĮƌƐƚ ŐƌŽƵƉ ŽĨ ŐƌĂĚƵĂƚĞƐ ŝŶ ϮϬϭϳ͕ ǁŝƚŚ dŝǁĂ WĞŶĞ ďĞŝŶŐ ĂǁĂƌĚĞĚ ƚŚĞ ŝŶĂƵŐƵƌĂů ^ ^ ĂŶŬ ǁĂƌĚ ĨŽƌ ĐĂĚĞŵŝĐ džĐĞůůĞŶĐĞ ďLJ ^ ^ ĂŶŬ ŚŝĞĨ ŝŐŝƚĂů ĂŶĚ /d KĸĐĞƌ ZŝĐŚĂƌĚ ,ƵƩŽŶ͘ dŚĞ DĂƐƚĞƌ ŽĨ ƉƉůŝĞĚ DĂŶĂŐĞŵĞŶƚ ĂůƐŽ ĚĞůŝǀĞƌĞĚ ŝƚƐ ĮƌƐƚ ŐƌŽƵƉ ŽĨ ŐƌĂĚƵĂƚĞƐ ǁŝƚŚ WĂƟĞŶĐĞ ^ĂƚŽƌŽ receiving the Chamber of Commerce and Southport Top Student ǁĂƌĚ͕ ĂŶĚ ƚŚĞ ŶĞǁ DĂƐƚĞƌ ŽĨ ƉƉůŝĞĚ ,ĞĂůƚŚ ^ĐŝĞŶĐĞƐ ;tĞůůŶĞƐƐ ĂŶĚ ZĞŚĂďŝůŝƚĂƟŽŶͿ ĐŽŵŵĞŶĐĞĚ ŵŝĚͲLJĞĂƌ͘

O


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ANNUAL REPORT 2017

K IK

ids’ Concerts presented by ids’ contemporary music Concerts presented and audio by contemporary engineering music students and audio proved very engineering popular with students ĂƉƉƌŽdžŝŵĂƚĞůLJ proved very 2,600 people popular with ĂƩĞŶĚŝŶŐ ϭϭ ĂƉƉƌŽdžŝŵĂƚĞůLJ shows over 4 2,600 people days. ĂƩĞŶĚŝŶŐ ϭϭ shows over 4 days.

I

S LS

enior managers from Hubei hŶŝǀĞƌƐŝƚLJ ŽĨ ĚƵĐĂƟŽŶ ǀŝƐŝƚĞĚ ^/d ŝŶ :ƵůLJ͘ dŚŝƐ ƉĂƌƚŶĞƌƐŚŝƉ ŚĂƐ ŇŽƵƌŝƐŚĞĚ IT hosted a strategic visit by senior ĨŽƌ ĂůŵŽƐƚ Ă ĚĞĐĂĚĞ ďƌŝŶŐŝŶŐ ďĞŶĞĮƚƐ managers from Hubei University of ĨŽƌ ŚŝŶĞƐĞ ƐƚƵĚĞŶƚƐ ĂŶĚ ƐƚĂī͕ ĂƐ ǁĞůů ĚƵĐĂƟŽŶ ŝŶ :ƵůLJ͘ dŚŝƐ ƉĂƌƚŶĞƌƐŚŝƉ ŚĂƐ ĂƐ ĨŽƌ EĞǁ ĞĂůĂŶĚ ƐƚƵĚĞŶƚƐ ĂŶĚ ƐƚĂī͘ ŇŽƵƌŝƐŚĞĚ ĨŽƌ ĂůŵŽƐƚ Ă ĚĞĐĂĚĞ ďƌŝŶŐŝŶŐ

L

300 M300

ĂƉƉƌĞŶƟĐĞƐ in face to face training programmes ĂƉƉƌĞŶƟĐĞƐ at SIT in engineering, studied in face ĂƵƚŽŵŽƟǀĞ͕ ŚĂŝƌĚƌĞƐƐŝŶŐ͕ to face training programmes ũŽŝŶĞƌLJ͕ ƉůƵŵďŝŶŐ͕ ŐĂƐĮƫŶŐ͕ at SIT in engineering, drainlaying, as well as ĂƵƚŽŵŽƟǀĞ͕ ŚĂŝƌĚƌĞƐƐŝŶŐ͕ ƐŝŐŶŝĮĐĂŶƚ ŶƵŵďĞƌƐ ŝŶ ƚŚĞ ũŽŝŶĞƌLJ͕ ƉůƵŵďŝŶŐ͕ ŐĂƐĮƫŶŐ͕ ĚŝƐƚĂŶĐĞ ůĞĂƌŶŝŶŐ ĂƵƚŽŵŽƟǀĞ drainlaying, as well as programme. ƐŝŐŶŝĮĐĂŶƚ ŶƵŵďĞƌƐ ŝŶ ƚŚĞ ĚŝƐƚĂŶĐĞ ůĞĂƌŶŝŶŐ ĂƵƚŽŵŽƟǀĞ programme.

M

B IB

ďĞŶĞĮƚƐ ĨŽƌ ŚŝŶĞƐĞ ƐƚƵĚĞŶƚƐ ĂŶĚ ƐƚĂī͕ as well as for New Zealand students ĂŶĚ ƐƚĂī͘

T IT

Ğ ƌĂ WŽƵŶĂŵƵ ;DĈŽƌŝ ĚǀŝƐŽƌLJ ŽŵŵŝƩĞĞͿ ŚĞůĚ ŝƚƐ Ğ ƌĂ WŽƵŶĂŵƵ ŝŶĂƵŐƵƌĂů ŵĞĞƟŶŐ ;DĈŽƌŝ ĚǀŝƐŽƌLJ in April 2017. The ŽŵŵŝƩĞĞͿ ŚĞůĚ ŝƚƐ ĐŽŵŵŝƩĞĞ ĚƌĂǁƐ ŝƚƐ ŝŶĂƵŐƵƌĂů ŵĞĞƟŶŐ ŵĞŵďĞƌƐ ĨƌŽŵ DĈŽƌŝ ƐƚĂī in April 2017. The ƌĞƉƌĞƐĞŶƟŶŐ Ăůů ĨĂĐƵůƟĞƐ ĐŽŵŵŝƩĞĞ ĚƌĂǁƐ ŝƚƐ and service areas within SIT, ŵĞŵďĞƌƐ ĨƌŽŵ DĈŽƌŝ ƐƚĂī the SIT kaumatua, the SIT ƌĞƉƌĞƐĞŶƟŶŐ Ăůů ĨĂĐƵůƟĞƐ DĈŽƌŝ ůŝĂŝƐŽŶ ƌĞƉƌĞƐĞŶƚĂƟǀĞ͕ andwider service areas within SIT, and the community. the SIT kaumatua, the SIT dŚĞ ƌŽůĞ ŽĨ dĞ ƌĂ WŽƵŶĂŵƵ DĈŽƌŝ ůŝĂŝƐŽŶ ƌĞƉƌĞƐĞŶƚĂƟǀĞ͕ ŝƐ ƚŽ ƐƵƉƉŽƌƚ DĈŽƌŝ ĂĐŚŝĞǀŝŶŐ and the wider community. ĂĐĂĚĞŵŝĐ ƐƵĐĐĞƐƐ ĂƐ DĈŽƌŝ͕ ƚŽ dŚĞ ƌŽůĞ ŽĨ dĞ ƌĂ WŽƵŶĂŵƵ encourage culturally inclusive ŝƐ ƚŽ ƐƵƉƉŽƌƚ DĈŽƌŝ ĂĐŚŝĞǀŝŶŐ ĞĚƵĐĂƟŽŶĂů ƉƌĂĐƟĐĞƐ͕ ĂŶĚ ĂĐĂĚĞŵŝĐ ƐƵĐĐĞƐƐ ĂƐ DĈŽƌŝ͕ ƚŽ ƚŽ ĂƐƐŝƐƚ ŽƚŚĞƌ ĐŽŵŵŝƩĞĞƐ ĂƐ encourage culturally inclusive required. ĞĚƵĐĂƟŽŶĂů ƉƌĂĐƟĐĞƐ͕ ĂŶĚ ƚŽ ĂƐƐŝƐƚ ŽƚŚĞƌ ĐŽŵŵŝƩĞĞƐ ĂƐ required.

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+ new academic programmes developed by ^/d ƐƚĂī ƚŽ ŵĞĞƚ ƚŚĞ ƌĞƋƵŝƌĞŵĞŶƚƐ ŽĨ E Y ŝŶ ƚŚĞ dZKY ;dĂƌŐĞƚĞĚ ZĞǀŝĞǁ ŽĨ YƵĂůŝĮĐĂƟŽŶƐͿ process. + new academic programmes were ĚĞǀĞůŽƉĞĚ ďLJ ^/d ƐƚĂī ƚŽ ŵĞĞƚ ƚŚĞ ƌĞƋƵŝƌĞŵĞŶƚƐ ŽĨ E Y ŝŶ ƚŚĞ dZKY ;dĂƌŐĞƚĞĚ ZĞǀŝĞǁ ŽĨ YƵĂůŝĮĐĂƟŽŶƐͿ ƉƌŽĐĞƐƐ͘

ĂĐŚĞůŽƌ ŽĨ /ŶĨŽƌŵĂƟŽŶ students awarded Ă ŐƌŽƵƉ WƌŝŵĞ DŝŶŝƐƚĞƌ͛Ɛ ĂĐŚĞůŽƌ ŽĨ /ŶĨŽƌŵĂƟŽŶ Scholarship for Asia, students werein and travelled to Japan ĂǁĂƌĚĞĚ Ă ŐƌŽƵƉ WƌŝŵĞ September for an eightMinister’s Scholarship for ǁĞĞŬ ĞĚƵĐĂƟŽŶ ĂŶĚ ĐƵůƚƵƌĂů Asia, and travelled to Japan programme of cyber security, in September for anateightlanguage and culture ǁĞĞŬ ĞĚƵĐĂƟŽŶ ĂŶĚ ĐƵůƚƵƌĂů EĂƌĂ /ŶƐƟƚƵƚĞ ŽĨ ^ĐŝĞŶĐĞ ĂŶĚ programme of cyber security, dĞĐŚŶŽůŽŐLJ ;E /^dͿ͕ ůŽĐĂƚĞĚ language and culture at in Kansai City, south of Tokyo, EĂƌĂ /ŶƐƟƚƵƚĞ ŽĨ ^ĐŝĞŶĐĞ ĂŶĚ Japan. dĞĐŚŶŽůŽŐLJ ;E /^dͿ͕ ůŽĐĂƚĞĚ in Kansai City, south of Tokyo, Japan. ƵĂůWĂƚŚǁĂLJƐ I Level 3 programmes for ƵĂůWĂƚŚǁĂLJƐ secondary school I Level 3 students commenced programmes for ŝŶ &ĞďƌƵĂƌLJ secondary school ĐŽŵƉůĞŵĞŶƟŶŐ ƚŚĞ students commenced Trades Academy Level ŝŶ &ĞďƌƵĂƌLJ which 2 programmes ĐŽŵƉůĞŵĞŶƟŶŐ ƚŚĞ ŚĂǀĞ ďĞĞŶ ŽƉĞƌĂƟŶŐ forTrades severalAcademy years at Level programmes the2 Gore Campus which ŚĂǀĞ ďĞĞŶ ŽƉĞƌĂƟŶŐ and for one year in for several years at Invercargill. the Gore Campus and for one year in Invercargill.

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ŚƌLJƐĂůŝƐ &ĂƐŚŝŽŶ ^ŚŽǁĐĂƐĞ ;EŽǀĂͿ arranged by fashion, ŚƌLJƐĂůŝƐ &ĂƐŚŝŽŶ contemporary music, audio ^ŚŽǁĐĂƐĞ ;EŽǀĂͿ engineering, hospitality, arranged by fashion, hairdressing and beauty contemporary audio therapy students music, was a sellhospitality, outengineering, in the Invercargill event hairdressing and beauty circuit. therapy students was a sellout in the Invercargill event circuit.

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ANNUAL REPORT 2017

GOVERNANCE AND MANAGEMENT


ANNUAL REPORT 2017

GOVERNANCE AND MANAGEMENT

CHAIRPERSON’S REPORT It is my pleasure to report that 2017 has been another successful year for ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ ;^/dͿ ĂŵŝĚƐƚ ĂŶ /dW ƐĞĐƚŽƌ ǁŚŝĐŚ ŚĂƐ ƐĞĞŶ ŵĂŶLJ /dWƐ ƐƚƌƵŐŐůĞ ƚŽ ŵĞĞƚ ƚĂƌŐĞƚƐ͘ tŚŝůƐƚ ƋƵŝǀĂůĞŶƚ &Ƶůů dŝŵĞ ^ƚƵĚĞŶƚƐ ; &d^Ϳ ǁĞƌĞ ĚŽǁŶ ƐůŝŐŚƚůLJ ŽŶ ƚŚĞ previous year at 4,952 our graduate outcome surveys reported 97% of our graduates were in employment or ĐŽŶƟŶƵŝŶŐ ǁŝƚŚ ƐƚƵĚLJ ĂŶĚ ŽƵƌ ƐƚƵĚĞŶƚ ƐĂƟƐĨĂĐƟŽŶ ƐƵƌǀĞLJ ƌĞĐŽƌĚĞĚ ϵϯй ŽǀĞƌĂůů ƐĂƟƐĨĂĐƟŽŶ͘ &ŝŶĂŶĐŝĂůůLJ ^/d ŝƐ ǀĞƌLJ ƐŽƵŶĚ͕ ƌĞƉŽƌƟŶŐ a $4.03m surplus for the year which was 7.6% of turnover and well outside ƚŚĞ dĞƌƟĂƌLJ ĚƵĐĂƟŽŶ ŽŵŵŝƐƐŝŽŶ ;d Ϳ ϯй ŵŝŶŝŵƵŵ ƚĂƌŐĞƚ͘ dŚŝƐ ŚĂƐ ĂůůŽǁĞĚ ƵƐ ƚŽ ĐŽŶƟŶƵĞ ƚŽ ŝŶǀĞƐƚ in development of programmes, ƐƚĂī ĂŶĚ ĨĂĐŝůŝƟĞƐ͘ /Ŷ ĞdžĐĞƐƐ ŽĨ ϱϬ new programmes were developed during the year. Our new 88 bed ĂĐĐŽŵŵŽĚĂƟŽŶ ĐŽŵƉůĞdž ŽŶ zĂƌƌŽǁ Street was completed in December ready for the new 2018 intake ǁŚŝĐŚ ŚĂƐ ƉƌŽǀŝĚĞĚ ĂĚĚŝƟŽŶĂů ĂĐĐŽŵŵŽĚĂƟŽŶ ĨŽƌ ŝŶƚĞƌŶĂƟŽŶĂů ĂŶĚ ĚŽŵĞƐƟĐ ƐƚƵĚĞŶƚƐ͘ dŚŝƐ ǁĂƐ ƟŵĞůLJ in the sense that for those students ĞůŝŐŝďůĞ ĨŽƌ 'ŽǀĞƌŶŵĞŶƚ &ĞĞƐ &ƌĞĞ͕ ^/d ŽīĞƌĞĚ ƚŚĞ DĂLJŽƌ dŝŵ ^ŚĂĚďŽůƚ ĂĐĐŽŵŵŽĚĂƟŽŶ ďƵƌƐĂƌLJ͕ ƚŚƵƐ

ŵĂŝŶƚĂŝŶŝŶŐ ŽƵƌ ĞƌŽ &ĞĞƐ ŽīĞƌ ƚŽ Ăůů students. ^/d ƉůĂLJƐ Ă ƐŝŐŶŝĮĐĂŶƚ ƌŽůĞ ŝŶ ƚŚĞ ^ŽƵƚŚůĂŶĚ ĐŽŵŵƵŶŝƚLJ͘ Ɛ Ă ƚĞƌƟĂƌLJ ĞĚƵĐĂƟŽŶ ƉƌŽǀŝĚĞƌ͕ ^/d ƉƌŽǀŝĚĞƐ ĂƉƉƌŽƉƌŝĂƚĞůLJ ƋƵĂůŝĮĞĚ ŐƌĂĚƵĂƚĞƐ ƚŽ industry and business in Southland. KƵƌ ĚǀŝƐŽƌLJ ŽŵŵŝƩĞĞƐ ƉƌŽǀŝĚĞ valuable support in determining the needs of the business community. Thank you to all those who contribute ƚŽ ƚŚĞ ĚǀŝƐŽƌLJ ŽŵŵŝƩĞĞƐ͘ The Southland Regional Development ^ƚƌĂƚĞŐLJ ;^ŽZ ^Ϳ ŝŶŝƟĂƟǀĞ ŚĂƐ ƚĂƌŐĞƚĞĚ Ă ƉŽƉƵůĂƟŽŶ ŝŶĐƌĞĂƐĞ ŽĨ ϭϬ͕ϬϬϬ ďLJ ϮϬϮϱ͘ tŝƚŚ ĂŶLJ ŐƌŽǁƚŚ ŝŶŝƟĂƟǀĞ͕ business and industry require trained ƉĞŽƉůĞ͘ ƩƌĂĐƟŶŐ /ŶƚĞƌŶĂƟŽŶĂů ƐƚƵĚĞŶƚƐ ŝƐ ĂůƐŽ Ă ŵĞĂŶƐ ŽĨ ĐŽŶƚƌŝďƵƟŶŐ ƚŽ ƚŚŝƐ ŝŶŝƟĂƟǀĞ͘ ^/d ƉůĂLJƐ ĂŶ ŝŵƉŽƌƚĂŶƚ role on both these fronts. /ŶƚĞƌŶĂƟŽŶĂů ƐƚƵĚĞŶƚ ŶƵŵďĞƌƐ ĚƌŽƉƉĞĚ slightly from last year’s numbers but ƐƟůů ƌĞŵĂŝŶ ƐƚƌŽŶŐ ƉĂƌƟĐƵůĂƌůLJ ŐŝǀĞŶ ƐŽŵĞ /dWƐ ŚĂǀĞ ƐƵīĞƌĞĚ Ă ŵƵĐŚ ŐƌĞĂƚĞƌ ƌĞĚƵĐƟŽŶ ŝŶ ŶƵŵďĞƌƐ͘ KƵƌ /ŶƚĞƌŶĂƟŽŶĂů ƐƚƵĚĞŶƚƐ ƉƌŽǀŝĚĞ Ă ůĂƐƟŶŐ ďĞŶĞĮƚ ƚŽ ^/d ĂŶĚ ƚŚĞ ǁŝĚĞƌ ^ŽƵƚŚůĂŶĚ community both economically and culturally. All regions of New Zealand enjoy the growth that immigrants ĐĂŶ ďƌŝŶŐ ƚŽ ƚŚĞŝƌ ůŽĐĂů ĐŽŵŵƵŶŝƟĞƐ͘

Our Government needs to carefully ĐŽŶƐŝĚĞƌ ƚŚĞ ŝŵƉĂĐƚ ŝƚƐ /ŵŵŝŐƌĂƟŽŶ WŽůŝĐLJ ŚĂƐ ŽŶ ƌĞŐŝŽŶĂů EĞǁ ĞĂůĂŶĚ͘ >ŽŽŬŝŶŐ ĨŽƌǁĂƌĚ Ăƚ ƚŚĞ /dW ƐĞĐƚŽƌ͕ ƚŚĞ DŝŶŝƐƚĞƌ ŽĨ ĚƵĐĂƟŽŶ͕ dĞƌƟĂƌLJ ĚƵĐĂƟŽŶ ŽŵŵŝƐƐŝŽŶ ĂŶĚ ĐŽŵďŝŶĞĚ ŚĂŝƌƐ ĂŶĚ KƐ ŚĂǀĞ ĐŽŵŵĞŶĐĞĚ Ă review of the sector. This has been ǁĞůĐŽŵĞĚ ďLJ ĞĂĐŚ /dW͘ dŚĞ ƌĞǀŝĞǁ ǁŝůů consider funding; developing a model ƚŚĂƚ ĐĂŶ ďĞƩĞƌ ŝŶƚĞŐƌĂƚĞ ǁŝƚŚ ƌĞŐŝŽŶĂů ĚĞŵĂŶĚ͖ ĂŶĚ ŵĞĞƟŶŐ ƚŚĞ ĐŚĂŶŐŝŶŐ demands of students and industry, which are seen as areas for immediate ĂƩĞŶƟŽŶ ǁŝƚŚŝŶ ƚŚĞ ďƌŽĂĚĞƌ ƚĞƌƟĂƌLJ ĞĚƵĐĂƟŽŶ ƐĞĐƚŽƌ͘ I would like to acknowledge my fellow Council members who have contributed to providing sound governance over the past year and I look forward to working with them in 2018. &ŝŶĂůůLJ / ŵƵƐƚ ĂĐŬŶŽǁůĞĚŐĞ K WĞŶŶLJ ^ŝŵŵŽŶĚƐ ĂŶĚ ŚĞƌ ƚĞĂŵ͘ WĞŶŶLJ has provided sound leadership and ĐŽŶƟŶƵĞƐ ƚŽ ŝŶŶŽǀĂƚĞ ǁŚŝůĞ ĂĐŚŝĞǀŝŶŐ ĞdžĐĞůůĞŶƚ ĮŶĂŶĐŝĂů ĂŶĚ ĂĐĂĚĞŵŝĐ results.

WĞƚĞƌ ,ĞĞŶĂŶ ŚĂŝƌƉĞƌƐŽŶ ŽĨ ŽƵŶĐŝů

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ANNUAL REPORT 2017

GOVERNANCE AND MANAGEMENT

CHIEF EXECUTIVE’S REPORT In the midst of much debate about a ĐƌŝƐŝƐ ŝŶ ƚŚĞ /ŶƐƟƚƵƚĞƐ ŽĨ dĞĐŚŶŽůŽŐLJ ĂŶĚ WŽůLJƚĞĐŚŶŝĐƐ ;/dWͿ ƐĞĐƚŽƌ͕ ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ ;^/dͿ ŝƐ ƉĞƌĨŽƌŵŝŶŐ ĞdžĐĞƉƟŽŶĂůůLJ ǁĞůů ĂĐƌŽƐƐ Ă range of indicators. ^/d ĐŽŶƟŶƵĞƐ ƚŽ ƐĞĞ ŝŵƉƌŽǀĞŵĞŶƚƐ ŝŶ ǁĞŝŐŚƚĞĚ ƐƵĐĐĞƐƐĨƵů ĐŽƵƌƐĞ ĐŽŵƉůĞƟŽŶƐ not only at an aggregated level for all students, but also in key areas of focus: ƵŶĚĞƌ Ϯϱ LJĞĂƌ ŽůĚƐ͕ DĈŽƌŝ ͕ WĂƐŝĮŬĂ͕ /ŶƚĞƌŶĂƟŽŶĂů ĂŶĚ zŽƵƚŚ 'ƵĂƌĂŶƚĞĞ students. dŚĞ ϮϬϭϳ 'ƌĂĚƵĂƚĞ ĞƐƟŶĂƟŽŶ ^ƵƌǀĞLJ indicated 93% of graduates felt their ĞĚƵĐĂƟŽŶ Ăƚ ^/d ŚĂĚ ďĞĞŶ ǀĂůƵĂďůĞ ĂŶĚ worthwhile. dŚĞ ŵƉůŽLJĞƌƐ ^ƵƌǀĞLJ ƐŚŽǁĞĚ ϵϮй ŽĨ employers thought SIT graduates have the skills to do the job, up on 81% the previous year. 97% of the graduates were in employment, self-employed, or in further study. >ĞǀĞů ϯ ĂŶĚ ĂďŽǀĞ ĚŽŵĞƐƟĐ ƐƚƵĚĞŶƚ numbers were up in 2017 with a ƚŽƚĂů ŽĨ ϰ͕Ϭϭϵ ĚŽŵĞƐƟĐ &d^ ĂŶĚ /ŶƚĞƌŶĂƟŽŶĂů ŶƵŵďĞƌƐ Ăƚ ϵϯϯ ŚĞůĚ ƌĞůĂƟǀĞůLJ ƐƚƌŽŶŐůLJ ŝŶ ĂŶ ĞŶǀŝƌŽŶŵĞŶƚ ǁŚĞƌĞ ŵĂŶLJ /dWƐ ƐƵīĞƌĞĚ ƐŝŐŶŝĮĐĂŶƚ /ŶƚĞƌŶĂƟŽŶĂů ƐƚƵĚĞŶƚ ƌĞĚƵĐƟŽŶƐ͘ ^/d ĂůƐŽ ĐŽŶƟŶƵĞ ƚŽ ƉƌŽŐƌĞƐƐ ƚŚĞ ŶŽƟŽŶ ŽĨ ͞ŵƵůƟƉůĞdž͟ ĐĂŵƉƵƐĞƐ ǁŚĞƌĞ SIT plays host to a range of specialist

ƉƌŽǀŝĚĞƌƐ͕ ĐŽŵŵƵŶŝƚLJ ŽƌŐĂŶŝƐĂƟŽŶƐ and support services on our campuses to ensure the best service possible for our stakeholders. ƐƚƌŽŶŐ ĮŶĂŶĐŝĂů ƉĞƌĨŽƌŵĂŶĐĞ ĂŐĂŝŶ ŝŶ 2017 for SIT of a $4.03 million surplus ĂůůŽǁƐ ƵƐ ƚŽ ĐŽŶƟŶƵĞ ŽƵƌ ŝŶǀĞƐƚŵĞŶƚ ŝŶƚŽ ƉƌŽŐƌĂŵŵĞ ĚĞǀĞůŽƉŵĞŶƚ͕ ƐƚĂī development, and technology uptake as well as buildings and equipment development and renewal. The end of year surplus is considerably higher ƚŚĂŶ ĂŶƟĐŝƉĂƚĞĚ ďƵƚ ĂďŶŽƌŵĂůůLJ ŝŶŇĂƚĞĚ ďĞĐĂƵƐĞ ĂŶ ĂĚũƵƐƚŵĞŶƚ ŚĂƐ been made, under the provisions of ƚŚĞ WƵďůŝĐ ĞŶĞĮƚ ŶƟƚLJ ĂĐĐŽƵŶƟŶŐ standards, to record the full revenue ĨŽƌ ŶŽŶͲĞdžĐŚĂŶŐĞ ƚƌĂŶƐĂĐƟŽŶƐ ƚŚĂƚ ƐƉĂŶ ĂĐƌŽƐƐ ĮŶĂŶĐŝĂů LJĞĂƌƐ͘ dŚŝƐ ƌĞůĂƚĞƐ to students who started their course in the 2017 year for which the scheduled programme crossed into the 2018 year. &Žƌ ƚŚĞƐĞ ƐƚƵĚĞŶƚƐ ƚŚĞ ĨƵůů ĨƵŶĚŝŶŐ received has been placed into the 2017 year. This has resulted in a $869,000 ƐŝŐŶŝĮĐĂŶƚ ŽŶĞͲŽī ŝŶĐƌĞĂƐĞ ƚŽ ƚŚĞ ŶĞƚ surplus for the 2017 year. Subsequent LJĞĂƌͲĞŶĚ ĂĚũƵƐƚŵĞŶƚƐ ƚŽ ƌĞŇĞĐƚ ƚŚŝƐ ǁŝůů be of a far lesser value. ĨƵƌƚŚĞƌ ĐŽŶƚƌŝďƵƟŶŐ ĨĂĐƚŽƌ ŚĂƐ ďĞĞŶ ^ŽƵƚŚĞƌŶ >ĂŬĞƐ ŶŐůŝƐŚ ŽůůĞŐĞ ;^> Ϳ͕ recently fully purchased by SIT, which ƐŚŽǁƐ Ă ƐŝŐŶŝĮĐĂŶƚ ŝŶĐƌĞĂƐĞ ŽĨ ŶĞƚ surplus for the 2017 year; however it should be noted that a renewal programme will have a dampening

ĞīĞĐƚ ĨŽƌ ŽƵƚͲLJĞĂƌƐ͘ ^/d ĐŽŶƟŶƵĞĚ ƚŽ ĚĞǀĞůŽƉ ƐƚƵĚĞŶƚ ĂĐĐŽŵŵŽĚĂƟŽŶ ƚŽ ŵĞĞƚ ĚĞŵĂŶĚ ŝŶ /ŶǀĞƌĐĂƌŐŝůů͕ ĐŽŵƉůĞƟŶŐ Ă ŶĞǁ ϴϴ ďĞĚ ĂƉĂƌƚŵĞŶƚ ĐŽŵƉůĞdž ŝŶ zĂƌƌŽǁ ^ƚƌĞĞƚ ŝŶ December. While SIT has performed well across many indicators in 2017, the level 1 and 2 contestable programmes were Ă ĐŚĂůůĞŶŐĞ ƚŽ ĂƩƌĂĐƚ ƐƚƵĚĞŶƚƐ ŝŶƚŽ͘ The impact of the TROQ process on ĨŽƵŶĚĂƟŽŶ ůĞǀĞů ƉƌŽŐƌĂŵŵĞƐ ŝŶ ƚŚĞ dƌĂĚĞƐ ĂƌĞĂƐ ŚĂƐ ďĞĞŶ ƉĂƌƟĐƵůĂƌůLJ ƐŝŐŶŝĮĐĂŶƚ͘ In response to TROQ, SIT developed or redeveloped over 50 programmes in 2017. The workload this created ĨŽƌ ŝŶĚŝǀŝĚƵĂů ƐƚĂī͕ ƉƌŽŐƌĂŵŵĞ managers, senior management and the members of the various Teaching and Learning Boards of Studies, Advisory ŽŵŵŝƩĞĞƐ ĂŶĚ ƚŚĞ ĐĂĚĞŵŝĐ ŽĂƌĚ ŝƐ acknowledged. I wish to thank all those ŝŶǀŽůǀĞĚ ĨŽƌ ƚŚĞŝƌ ĞīŽƌƚ ĂŶĚ ĚŝůŝŐĞŶĐĞ in ensuring SIT was prepared for the delivery of the new New Zealand ƋƵĂůŝĮĐĂƟŽŶƐ͘ Due diligence processes occurred through much of 2017 for three major ŝŶŝƟĂƟǀĞƐ͗ ƚŚĞ ƉƵƌĐŚĂƐĞ ŽĨ ^> ŝŶ ĨƵůů͕ the transfer of the Music and Audio /ŶƐƟƚƵƚĞ ŽĨ EĞǁ ĞĂůĂŶĚ ;D /E Ϳ ĨƌŽŵ dĂŝ WŽƵƟŶŝ WŽůLJƚĞĐŚŶŝĐ ƚŽ ^/d͕ ĂƐ ǁĞůů ĂƐ Ă ĐŽŵŵŝƚŵĞŶƚ ƚŽ ƐƵƉƉŽƌƚ dĂŝ WŽƵƟŶŝ WŽůLJƚĞĐŚŶŝĐ ŝŶ ŝƚƐ ĚĞůŝǀĞƌLJ ŽŶ ƚŚĞ tĞƐƚ


ANNUAL REPORT 2017

ŽĂƐƚ͘ ^/d ǁĂƐ ƉůĞĂƐĞĚ ƚŽ ďĞ ŝŶǀŽůǀĞĚ ŝŶ ĞĂĐŚ ŽĨ ƚŚĞƐĞ ŝŶŝƟĂƟǀĞƐ ǁŚŝĐŚ ĂĸƌŵĞĚ ^/d͛Ɛ ĐŽŵŵŝƚŵĞŶƚ ƚŽ ƚŚĞ DƵƐŝĐ /ŶĚƵƐƚƌLJ ŽĨ EĞǁ ĞĂůĂŶĚ ĂŶĚ ĐŽůůĂďŽƌĂƟǀĞ ƌĞŐŝŽŶĂů ĚĞůŝǀĞƌLJ͘ dŚĞ ĞƐƚĂďůŝƐŚŵĞŶƚ ŽĨ dĞ ƌĂ WŽƵŶĂŵƵ ;DĈŽƌŝ ĚǀŝƐŽƌLJͿ ŽŵŵŝƩĞĞ ĂŶĚ dĞ ǁĂ ZĂƵ DĈŽƌŝ ŵĞŶƚŽƌŝŶŐ ƉŝůŽƚ ǁĞƌĞ ƚǁŽ ƚĂŶŐŝďůĞ ĚĞǀĞůŽƉŵĞŶƚƐ ŝŶ ^/d͛Ɛ ĐŽŶƟŶƵŝŶŐ ĨŽĐƵƐ ŽŶ ŝŶĐƌĞĂƐŝŶŐ ƉĂƌƟĐŝƉĂƟŽŶ ƌĂƚĞƐ ĂŶĚ ĂĐŚŝĞǀĞŵĞŶƚ ŽƵƚĐŽŵĞƐ ĨŽƌ DĈŽƌŝ Ăƚ ^/d͘ ϮϬϭϳ ƐĂǁ ^/d͛Ɛ ĮƌƐƚ ĞǀĞƌ DĂƐƚĞƌ͛Ɛ ŐƌĂĚƵĂƚĞƐ͕ ĂŶĚ ĂŵŽŶŐƐƚ ƚŚĞ ĮƌƐƚ ĐŽŚŽƌƚ ĂŶĚ ĂƐƐŽĐŝĂƚĞĚ ĂǁĂƌĚƐ ĨŽƌ ƚŚĞ DĂƐƚĞƌ ŽĨ /ŶĨŽƌŵĂƟŽŶ dĞĐŚŶŽůŽŐLJ͕ ƚŚĞ ŝŶĂƵŐƵƌĂů ^ ^ ĂŶŬ ǁĂƌĚĞĞ ĨŽƌ ĐĂĚĞŵŝĐ džĐĞůůĞŶĐĞ ǁĂƐ Ă DĈŽƌŝ ƐƚƵĚĞŶƚ who started studying with SIT at level 5 in 2009. This is a strong source of ƉƌŝĚĞ ĨŽƌ ^/d ĂŶĚ ĂŶ ĞdžĐĞůůĞŶƚ ƌŽůĞ ŵŽĚĞů ĨŽƌ ŽƵƌ DĈŽƌŝ ƐƚƵĚĞŶƚƐ͘ ^/d ƉůĂĐĞƐ Ă ŚŝŐŚ ǀĂůƵĞ ŽŶ ŽƵƌ ŝŶĚƵƐƚƌLJ ƌĞůĂƟŽŶƐŚŝƉƐ͘ ZĞƐƉŽŶĚŝŶŐ ƚŽ ƚŚĞ ƐŬŝůů ƐŚŽƌƚĂŐĞƐ ŽĨ /ŶĚƵƐƚƌLJ ĂŶĚ ƐƵƉƉŽƌƟŶŐ ƚŚĞ ^ŽƵƚŚůĂŶĚ ZĞŐŝŽŶĂů ĞǀĞůŽƉŵĞŶƚ ^ƚƌĂƚĞŐLJ ;^ŽZ ^Ϳ͕ ƚŚĞ ũŽŝŶƚ ŝŶŝƟĂƟǀĞ ďĞƚǁĞĞŶ ^/d ĂŶĚ ƚŚĞ ^ŽƵƚŚůĂŶĚ Chamber of Commerce Work Ready South programme commenced in August. Already a number of interns have been placed into local businesses with a high success rate for employment at the end of the internship period. dŚĞ ĐŽŵŵŝƚŵĞŶƚ ĨƌŽŵ ƐƚĂī ƚŽ ƐƚƵĚĞŶƚ ĂĐŚŝĞǀĞŵĞŶƚ͕ ŝŶĚƵƐƚƌLJ ůŝĂŝƐŽŶ͕ ƉƌŽŐƌĂŵŵĞ ĚĞǀĞůŽƉŵĞŶƚ͕ ĐŽůůĂďŽƌĂƟǀĞ ƌĞƐĞĂƌĐŚ͕ ĮƐĐĂů ƌĞƐƉŽŶƐŝďŝůŝƚLJ and ongoing professional development is greatly appreciated and I ĂĐŬŶŽǁůĞĚŐĞ ƚŚĞ ƚƌĞŵĞŶĚŽƵƐ ĞīŽƌƚƐ ďLJ ƐƚĂī ƚŚƌŽƵŐŚŽƵƚ ϮϬϭϳ͕ ǁŚŝĐŚ ŚĂǀĞ culminated in our success across so many parameters. I also acknowledge the ongoing support SIT receives from our local ĐŽŵŵƵŶŝƟĞƐ͕ ďƵƐŝŶĞƐƐĞƐ ĂŶĚ ŝŶĚƵƐƚƌŝĞƐ͘ ^/d ĐŽƵůĚ ŶŽƚ ƐƵĐĐĞĞĚ ǁŝƚŚŽƵƚ ƚŚŝƐ ĂƐƐŝƐƚĂŶĐĞ ĨƌŽŵ ŽƵƌ ŵĂŶLJ ĞdžƚĞƌŶĂů ƐƚĂŬĞŚŽůĚĞƌƐ ĂŶĚ ǁĞ ĞdžƚĞŶĚ ŽƵƌ ŚĞĂƌƞĞůƚ ƚŚĂŶŬƐ ƚŽ Ăůů ƚŚŽƐĞ ƉĞŽƉůĞ ǁŚŽ ŚĂǀĞ ĐŽŶƚƌŝďƵƚĞĚ ƚŽ ^/d ĚƵƌŝŶŐ 2017. KŶ ďĞŚĂůĨ ŽĨ ^/d ƐƚĂī / ĐŽŶŐƌĂƚƵůĂƚĞ ^/d ŽƵŶĐŝů ŽŶ ƚŚĞ ůĞĂĚĞƌƐŚŝƉ ƐŚŽǁŶ ƚŚƌŽƵŐŚŽƵƚ ϮϬϭϳ͕ ĂŶĚ ŝŶ ƉĂƌƟĐƵůĂƌ ŶĞǁ ŚĂŝƌ WĞƚĞƌ ,ĞĞŶĂŶ ǁŚŽ ƚŽŽŬ ƵƉ ƚŚĞ ƌŽůĞ ŝŶ Ɖƌŝů ϮϬϭϳ͘ WĞƚĞƌ ďƌŝŶŐƐ Ă ǁĞĂůƚŚ ŽĨ ďƵƐŝŶĞƐƐ ĂĐƵŵĞŶ ĂŶĚ ŝŶĚƵƐƚƌLJ ĐŽŶƚĂĐƚƐ ƚŽ ƚŚĞ ƌŽůĞ͕ ĂŶĚ ƚŚŝƐ ĂůŽŶŐ ǁŝƚŚ ƚŚĞ ƌĂŶŐĞ ŽĨ ĞdžƉĞƌƟƐĞ ĂĐƌŽƐƐ ƚŚĞ ĨƵůů ŽƵŶĐŝů ŚĂƐ ŬĞƉƚ ^/d ĮƌŵůLJ ĨŽĐƵƐƐĞĚ ŽŶ ŽŵŵƵŶŝƚLJ͕ /ŶĚƵƐƚƌLJ ĂŶĚ ƵƐŝŶĞƐƐ ĞŶŐĂŐĞŵĞŶƚ ĂƐ ǁĞůů ĂƐ ŚŝŐŚ ĂĐĂĚĞŵŝĐ ƐƚĂŶĚĂƌĚƐ ĂŶĚ ĮƐĐĂů responsibility.

WĞŶŶLJ ^ŝŵŵŽŶĚƐ ŚŝĞĨ džĞĐƵƟǀĞ

GOVERNANCE AND MANAGEMENT

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ANNUAL REPORT 2017

GOVERNANCE AND MANAGEMENT

SIT COUNCIL AND MANAGEMENT TEAM ^/d ƉƌŝĚĞƐ ŝƚƐĞůĨ ŽŶ ŝƚƐ ƐƚƌŽŶŐ ŐŽǀĞƌŶĂŶĐĞ ĂŶĚ ŵĂŶĂŐĞŵĞŶƚ ƐƚƌƵĐƚƵƌĞ ǁŚŝĐŚ ƵŶĚĞƌƉŝŶƐ ƚŚĞ ŝŶƐƟƚƵƚĞ ĂŶĚ ŝƐ ĨŽĐƵƐƐĞĚ ŽŶ ƚŚĞ ƉƌŽǀŝƐŝŽŶ ŽĨ ŚŝŐŚ ƋƵĂůŝƚLJ͕ ĮƐĐĂůůLJ ƌĞƐƉŽŶƐŝďůĞ͕ ĞĚƵĐĂƟŽŶĂů ƉƌŽŐƌĂŵŵĞƐ ƚŚĂƚ ŵĞĞƚ ŝŶĚƵƐƚƌLJ͕ ĐŽŵŵƵŶŝƚLJ ĂŶĚ ůĞĂƌŶĞƌ ŶĞĞĚƐ͘

COMMITTEES OF COUNCIL &ŝŶĂŶĐĞ ĂŶĚ ƵĚŝƚ ŽŵŵŝƩĞĞ dŚŝƐ ĐŽŵŵŝƩĞĞ ŵŽŶŝƚŽƌƐ ĮŶĂŶĐŝĂů performance and forecast outcomes and makes appropriate enquires into internal control systems and mechanisms. It has direct involvement in key strategic decisions ƚŚĂƚ ĂīĞĐƚ ƚŚĞ ĮŶĂŶĐŝĂů ƉŽƐŝƟŽŶ ŽĨ ^/d ĂŶĚ has a delegated responsibility to oversee ƚŚĞ ĞdžƚĞƌŶĂů ĂŶĚ ŝŶƚĞƌŶĂů ĂƵĚŝƚ ƉƌŽĐĞƐƐ͘

ĐĂĚĞŵŝĐ ŽĂƌĚ

ƚŚŝĐƐ ŽŵŵŝƩĞĞ

The Academic Board is responsible to ^/d͛Ɛ ŽƵŶĐŝů ƚŚƌŽƵŐŚ ƚŚĞ ŚŝĞĨ džĞĐƵƟǀĞ ĨŽƌ ƚŚĞ ĂĐĂĚĞŵŝĐ ƉŽůŝĐŝĞƐ͕ ĚŝƌĞĐƟŽŶ ĂŶĚ ĚĞǀĞůŽƉŵĞŶƚ ŽĨ ƚŚĞ ŝŶƐƟƚƵƚĞ͕ ĂŶĚ advises and responds to Council and the ŚŝĞĨ džĞĐƵƟǀĞ ŽŶ Ăůů ĂĐĂĚĞŵŝĐ ŵĂƩĞƌƐ͖ develops, maintains and reviews academic ƉŽůŝĐŝĞƐ͖ ƌĂƟĮĞƐ ƚŚŽƐĞ ƉƌŽŐƌĂŵŵĞƐ ƚŽ ďĞ ŝŶĐůƵĚĞĚ ŽŶ ƚŚĞ d ĚĂƚĂďĂƐĞ͖ ĂƉƉƌŽǀĞƐ ĂŶĚ monitors programmes against established standards; establishes and approves the ƚĞƌŵƐ ŽĨ ƌĞĨĞƌĞŶĐĞ ĨŽƌ ĂŶLJ ƐƵďĐŽŵŵŝƩĞĞƐ or task forces; maintains oversight of Teaching and Learning Boards of Studies, ĚǀŝƐŽƌLJ ŽŵŵŝƩĞĞƐ ĂŶĚ &ĂĐƵůƚLJ ZĞƐĞĂƌĐŚ ŽŵŵŝƩĞĞƐ͘

dŚŝƐ ĐŽŵŵŝƩĞĞ ŝƐ ĐŚĂƌŐĞĚ ǁŝƚŚ establishing and maintaining a code of ethical conduct for research undertaken at SIT and approving or resolving of ĞƚŚŝĐĂů ŝƐƐƵĞƐ ĂƌŝƐŝŶŐ ĨƌŽŵ ^/d ƐƚĂī ƌĞƐĞĂƌĐŚ ĂĐƟǀŝƚLJ͘

,ĞĂůƚŚ ĂŶĚ ^ĂĨĞƚLJ ŽŵŵŝƩĞĞ dŚŝƐ ĐŽŵŵŝƩĞĞ ŝƐ ƌĞƐƉŽŶƐŝďůĞ ĨŽƌ establishing and maintaining a health ĂŶĚ ƐĂĨĞƚLJ ƉŽůŝĐLJ ĨŽƌ ƚŚĞ ŽƌŐĂŶŝƐĂƟŽŶ͕ and ensuring that health and safety management systems are developed, and ĞŶƐƵƌŝŶŐ ƚŚĂƚ ƐƵĸĐŝĞŶƚ ĮŶĂŶĐŝĂů ƐƵƉƉŽƌƚ͕ systems and resources are available to management to implement and maintain these.

COUNCIL MEMBERS

SARAH BROWN

PETER HEENAN

TIM WARD

; ŚĂŝƌ ƚŽ DĂLJ ϮϬϭϳͿ ŽŵŵƵŶŝƚLJ ƉƉŽŝŶƚŵĞŶƚ

; ŚĂŝƌ ĨƌŽŵ DĂLJ ϮϬϭϳͿ DŝŶŝƐƚĞƌŝĂů ƉƉŽŝŶƚŵĞŶƚ

DŝŶŝƐƚĞƌŝĂů ƉƉŽŝŶƚŵĞŶƚ

Sarah resigned from Council in May 2017, ĂŌĞƌ ƐĞƌǀŝŶŐ ĨŽƌ ŽǀĞƌ Ă ĚĞĐĂĚĞ͘ ^ĂƌĂŚ ǁĂƐ ĂƉƉŽŝŶƚĞĚ ĂƐ ŚĂŝƌ ďLJ dĞƌƟĂƌLJ ĚƵĐĂƟŽŶ Minister Steven Joyce in August 2011, and ƐĞƌǀĞĚ ĂƐ Ă ĐŽŵŵƵŶŝƚLJ ƌĞƉƌĞƐĞŶƚĂƟǀĞ ŽŶ ƚŚĞ ŽƵŶĐŝů ƐŝŶĐĞ ϮϬϬϲ͘ ^ĂƌĂŚ ŝƐ WƌŽũĞĐƚ Manager for the Southland Regional Development Strategy, a member of the /ŶƐƟƚƵƚĞ ŽĨ ŝƌĞĐƚŽƌƐ͕ ĂŶĚ ĚŝƌĞĐƚŽƌ ŽĨ ůĞĐƚƌŝĐŝƚLJ /ŶǀĞƌĐĂƌŐŝůů >ƚĚ͕ WŽǁĞƌŶĞƚ ĂŶĚ ^ŽƵƚŚĞƌŶ >ĂŬĞƐ ŶŐůŝƐŚ ŽůůĞŐĞ͘ ^ĂƌĂŚ resigned from Council in May 2017.

WĞƚĞƌ ǁĂƐ ĂƉƉŽŝŶƚĞĚ ĂƐ ŚĂŝƌ ŽĨ ƚŚĞ SIT Council by the Minister in May ϮϬϭϳ͘ WĞƚĞƌ ŚĂƐ Ă ƐƚƌŽŶŐ ďĂĐŬŐƌŽƵŶĚ in business and community leadership ƌŽůĞƐ͘ ,Ğ ŝƐ ƚŚĞ džĞĐƵƟǀĞ ŝƌĞĐƚŽƌ ŽĨ &ŝŶĂŶĐĞ ĨŽƌ ƚŚĞ ,t ZŝĐŚĂƌĚƐŽŶ 'ƌŽƵƉ͕ and trustee of both the Southland Hospice Charitable Trust and Southland Boys’ High School Board of Trustees. WĞƚĞƌ͛Ɛ ƉƌĞǀŝŽƵƐ ŐŽǀĞƌŶĂŶĐĞ ƌŽůĞƐ include: Chair of the Southland Boys’ High School Board of Trustees and Chair of the Netball Southland Board.

Tim brings a range of business and ĐŽŵŵƵŶŝƚLJ ĞdžƉĞƌŝĞŶĐĞ ƚŽ ƚŚĞ ƚĂďůĞ͘ ,Ğ ŝƐ DĂŶĂŐŝŶŐ WĂƌƚŶĞƌ ŽĨ K /ŶǀĞƌĐĂƌŐŝůů͕ ĨŽƌŵĞƌ ĐŚĂŝƌ ŽĨ K͛Ɛ ŶĂƟŽŶĂů ŽƌŐĂŶŝƐĂƟŽŶ ĂŶĚ ŝƐ Ă &ĞůůŽǁ ŚĂƌƚĞƌĞĚ Accountant. A former elected member and Deputy Chair on the Southern District Health Board, Tim chaired the ƵĚŝƚ ĂŶĚ ZŝƐŬ ŽŵŵŝƩĞĞ ĨŽƌ ƚŚĞ ŽĂƌĚ͘ Tim is the current Chair of the Verdon College Board of Trustees.


ANNUAL REPORT 2017

GOVERNANCE AND MANAGEMENT

DEAN ADDIE

MURRAY DONALD

PETER JACKSON

ŽŵŵƵŶŝƚLJ ƉƉŽŝŶƚŵĞŶƚ

ŽŵŵƵŶŝƚLJ ƉƉŽŝŶƚŵĞŶƚ

ŽŵŵƵŶŝƚLJ ƉƉŽŝŶƚŵĞŶƚ

ĞĂŶ ŝƐ ƚŚĞ K ŽĨ /^ ƵƚŽŵĂƟŽŶ ĂŶĚ ůĞĐƚƌŝĐĂů͕ Ă ^ŽƵƚŚůĂŶĚ ďĂƐĞĚ ŽƌŐĂŶŝƐĂƟŽŶ͘ ĞĂŶ ŝƐ Ă ŵĞŵďĞƌ ŽĨ ƚŚĞ /ŶƐƟƚƵƚĞ ŽĨ ŝƌĞĐƚŽƌƐ ĂŶĚ Ă &ĞůůŽǁ ŽĨ ƚŚĞ EĞǁ ĞĂůĂŶĚ /ŶƐƟƚƵƚĞ ŽĨ DĂŶĂŐĞŵĞŶƚ͘ Dean holds other board and trustee roles including: Deputy Chair of Southland &ŽƵŶĚĂƟŽŶ ĨŽƌ zŽƵƚŚ ĞǀĞůŽƉŵĞŶƚ͖ ŚĂŝƌ ŽĨ ŽŐ /ƐůĂŶĚ DŽƚƵ WŝƵ dƌƵƐƚ͖ ĂŶĚ EĂƟŽŶĂů ŽĂƌĚ DĞŵďĞƌ ŽĨ ƚŚĞ ůĞĐƚƌŝĐĂů Training Company.

DƵƌƌĂLJ ŚĂƐ Ă ǁŝĚĞ ƌĂŶŐĞ ŽĨ ĞdžƉĞƌŝĞŶĐĞ in agribusiness enterprises and farms sheep and beef in the Waianiwa district of Southland. Murray is a Chartered &ĞůůŽǁ ŽĨ ƚŚĞ /ŶƐƟƚƵƚĞ ŽĨ ŝƌĞĐƚŽƌƐ͕ Ă ĚŝƌĞĐƚŽƌ ŽĨ &ĂƌŵůĂŶĚƐ ŽͲŽƉĞƌĂƟǀĞ Society Ltd, and a trustee of AgritŽŵĞŶ͛Ɛ ĞǀĞůŽƉŵĞŶƚ dƌƵƐƚ͘ WƌĞǀŝŽƵƐůLJ Murray has served as a director of the ůůŝĂŶĐĞ 'ƌŽƵƉ >ƚĚ͕ &ĂƌŵĞƌƐ͛ DƵƚƵĂů Group and Alliance Group Trustee.

WĞƚĞƌ ŝƐ Ă ŝƌĞĐƚŽƌ ŽĨ ,ϮK ĞƐŝŐŶ >ƚĚ͕ ĂŶ ĂĐĐƌĞĚŝƚĞĚ ŵĞŵďĞƌ ŽĨ ƚŚĞ /ŶƐƟƚƵƚĞ ŽĨ ŝƌĞĐƚŽƌƐ ĂŶĚ ŚĂŝƌ ŽĨ ƚŚĞ WůƵŵďĞƌƐ͕ 'ĂƐĮƩĞƌƐ ĂŶĚ ƌĂŝŶůĂLJĞƌƐ ŽĂƌĚ ĂŶĚ ŚĂŝƌ ŽĨ ^ŝƚĞ ^ĂĨĞ EĞǁ ĞĂůĂŶĚ͘ WĞƚĞƌ ŝƐ ƚƌƵƐƚĞĞ ŽĨ ƚŚĞ ƉƉƌĞŶƟĐĞ dƌĂŝŶŝŶŐ dƌƵƐƚ͕ EĞǁ ĞĂůĂŶĚ͛Ɛ ƌĞƉƌĞƐĞŶƚĂƟǀĞ ŽŶ ƚŚĞ tŽƌůĚ WůƵŵďŝŶŐ ŽƵŶĐŝů͕ ƵƐŝŶĞƐƐ Mentor for Business Mentors of New Zealand, and a member of the New ĞĂůĂŶĚ ŽŶƐƚƌƵĐƟŽŶ ^ƚƌĂƚĞŐLJ 'ƌŽƵƉ͘

JANET COPELAND

JEFF GRANT

AIMEE KAIO

ŽŵŵƵŶŝƚLJ ƉƉŽŝŶƚŵĞŶƚ

DŝŶŝƐƚĞƌŝĂů ƉƉŽŝŶƚŵĞŶƚ

DŝŶŝƐƚĞƌŝĂů ƉƉŽŝŶƚŵĞŶƚ

Janet is an Invercargill based employment lawyer and managing principal of specialist employment and ŚĞĂůƚŚ ĂŶĚ ƐĂĨĞƚLJ ůĂǁ Įƌŵ ŽƉĞůĂŶĚ ƐŚĐƌŽŌ >Ăǁ͘ :ĂŶĞƚ ŚĂƐ ŚĞůĚ ŐŽǀĞƌŶĂŶĐĞ roles for the past 20 years including ŝŶ ƚĞƌƟĂƌLJ ĞĚƵĐĂƟŽŶ͕ ĞůŝƚĞ ƐƉŽƌƚ ĂŶĚ local government sectors. Janet is presently a member of the Dunedin City ŽƵŶĐŝů ƵĚŝƚ ĂŶĚ ZŝƐŬ ŽŵŵŝƩĞĞ͕ ƚŚĞ Southland Branch of the New Zealand Law Society and the Invercargill Sunrise Rotary Club.

:Ğī ĨĂƌŵƐ ĚĞĞƌ͕ ďĞĞĨ ĂŶĚ ƐŚĞĞƉ Ăƚ ĂůĨŽƵƌ ĂŶĚ ďƌŝŶŐƐ ĞdžƚĞŶƐŝǀĞ ĂŐƌŝďƵƐŝŶĞƐƐ ĂŶĚ ŶĂƟŽŶĂů ŐŽǀĞƌŶĂŶĐĞ ĞdžƉĞƌŝĞŶĐĞ ƚŽ ƚŚĞ ĐŽƵŶĐŝů͘ ĨŽƌŵĞƌ DĞŵďĞƌ ŽĨ WĂƌůŝĂŵĞŶƚ͕ :Ğī ŝƐ ĐŚĂŝƌŵĂŶ ŽĨ ƚŚĞ ďŽĂƌĚ ŽĨ ĚŝƌĞĐƚŽƌƐ ĨŽƌ K^WZ/ EĞǁ ĞĂůĂŶĚ͕ E /d >ƚĚ͕ d &ƌĞĞ >ƚĚ͕ Southland Shared Services, Mt Linton ^ƚĂƟŽŶ >ƚĚ ĂŶĚ ŐZĞƐĞĂƌĐŚ͘ ,Ğ ŝƐ ĂůƐŽ Ă ĚŝƌĞĐƚŽƌ ŽĨ ^ ^ ĂŶŬ͕ &ŝŶĂŶĐĞ EŽǁ >ƚĚ͕ ĂŶĚ ŽŽƉĞƌ sĂůůĞLJ ,ŽůĚŝŶŐƐ͘ :Ğī ŚĂƐ ŚĞůĚ directorships in agribusiness including former chair of the NZ Meat Board, Meat and Wool New Zealand and the WƌŝŵĂƌLJ /ŶĚƵƐƚƌLJ ŽƵŶĐŝů͘

ďŽƌŶ ĂŶĚ ďƌĞĚ ůƵī ǁŽŵĂŶ͕ Aimee brings a range of community ĚĞǀĞůŽƉŵĞŶƚ ĞdžƉĞƌŝĞŶĐĞ ƚŽ ƚŚĞ ƚĂďůĞ͘ Aimee is Director/Owner of NORA Ltd, a local business development, research ĂŶĚ ĞǀĂůƵĂƟŽŶ ĐŽŶƐƵůƚĂŶĐLJ ĂŶĚ ĂůƐŽ Ă Director of Awarua Developments Ltd. Aimee is a Kahui Maori Board Member ŽĨ ƚŚĞ ĞĞƉ ^ŽƵƚŚ EĂƟŽŶĂů ^ĐŝĞŶĐĞ Challenge, a Trustee of the 1000 Days dƌƵƐƚ ĂŶĚ ƚŚĞ DƵƌŝŚŝŬƵ DĂŽƌŝ Θ WĂƐŝĮŬĂ Cultural Trust. Aimee sits on a number of boards in an advisory capacity, ƌĞƉƌĞƐĞŶƟŶŐ /ǁŝ ĂŶĚ ĐŽŵŵƵŶŝƚLJ͕ ĂŶĚ ŝƐ ĐƵƌƌĞŶƚůLJ ƚŚĞ WƌŽŐƌĂŵŵĞ DĂŶĂŐĞƌ ŽĨ dƌŝďĂů ĐŽŶŽŵŝĞƐ͕ ZĞƐĞĂƌĐŚ ĂŶĚ Development for Te Runanga o Ngai Tahu.

15


16

ANNUAL REPORT 2017

GOVERNANCE AND MANAGEMENT

MANAGEMENT TEAM

PENNY SIMMONDS

MAREE HOWDEN

ŚŝĞĨ džĞĐƵƟǀĞ

ĞƉƵƚLJ ŚŝĞĨ džĞĐƵƟǀĞ

CHAMI ABEYSINGHE

,ĞĂĚ ŽĨ &ĂĐƵůƚLJ ,ĞĂůƚŚ͕ ,ƵŵĂŶŝƟĞƐ ĂŶĚ ŽŵƉƵƟŶŐ

/ŶƚĞƌŶĂƟŽŶĂů ĞƉĂƌƚŵĞŶƚ ĂŶĚ DĂƌŬĞƟŶŐ DĂŶĂŐĞƌ

PATSY EADE

DARYL HAGGERTY

AMANDA KNOWLES

,ƵŵĂŶ ZĞƐŽƵƌĐĞƐͬ /ŶĨƌĂƐƚƌƵĐƚƵƌĞ DĂŶĂŐĞƌ

ŚŝĞĨ &ŝŶĂŶĐŝĂů KĸĐĞƌ

ĐĂĚĞŵŝĐ KƉĞƌĂƟŽŶƐ͕ ^ƚƵĚĞŶƚ ^ƵƉƉŽƌƚ ĂŶĚ ƵƐŝŶĞƐƐ ĞǀĞůŽƉŵĞŶƚ DĂŶĂŐĞƌ

TERI MCCLELLAND

HAMISH SMALL

DOUGLAS RODGERS

,ĞĂĚ ŽĨ &ĂĐƵůƚLJ SIT2LRN

,ĞĂĚ ŽĨ &ĂĐƵůƚLJ EĞǁ DĞĚŝĂ͕ ƌƚƐ ĂŶĚ ƵƐŝŶĞƐƐ

,ĞĂĚ ŽĨ &ĂĐƵůƚLJ dƌĂĚĞƐ ĂŶĚ dĞĐŚŶŽůŽŐLJ


ANNUAL REPORT 2017

GOVERNANCE AND MANAGEMENT

17

FOCUS ON HEALTH AND SAFETY ^/d ƌĞŵĂŝŶƐ ĐŽŵŵŝƩĞĚ ƚŽ ĞŶƐƵƌŝŶŐ Ă ƐĂĨĞ ĂŶĚ ƐĞĐƵƌĞ ĞŶǀŝƌŽŶŵĞŶƚ ĨŽƌ ŝƚƐ ƉĞŽƉůĞ͕ ŝŶĐůƵĚŝŶŐ ƐƚĂī͕ ƐƚƵĚĞŶƚƐ͕ ǀŝƐŝƚŽƌƐ ĂŶĚ ĐŽŶƚƌĂĐƚŽƌƐ͕ ƚŚƌŽƵŐŚŽƵƚ its campuses. In 2017 we have built on our health and safety ĨŽƵŶĚĂƟŽŶ ďLJ ĞŶƐƵƌŝŶŐ ƐƚĂī ĞŶŐĂŐĞŵĞŶƚ ĂŶĚ ƚŚĞ ƵƐĞ ŽĨ ƐĂĨĞ ƉƌĂĐƟĐĞƐ ĂƐ ǁĞůů ĂƐ Ă ĐŽŶƟŶƵĞĚ ĨŽĐƵƐ ŽŶ ƌŝƐŬ ŵĂŶĂŐĞŵĞŶƚ͘

ZĞƉŽƌƚĞĚ /ŶĐŝĚĞŶƚƐ /Ŷ ϮϬϭϳ EŽƟĮĂďůĞ ĞǀĞŶƚƐͬŝŶĐŝĚĞŶƚ

2016

ϮϬϭϳ

2

1

Incident requiring medical treatment 15

9

/ŶĐŝĚĞŶƚ ZĞƋƵŝƌŝŶŐ &ŝƌƐƚ ŝĚ

82

84

Non Injury Incidences

91

104

Total

190

198

ZŝƐŬ DĂŶĂŐĞŵĞŶƚ tĞ ŚĂǀĞ ĐŽŶƟŶƵĞĚ Ă ĨŽĐƵƐ ŽŶ ƉƌŽĂĐƟǀĞ ĂŶĚ ƉƌĂŐŵĂƟĐ ĂƉƉƌŽĂĐŚĞƐ ƚŽ ƌŝƐŬ ŝĚĞŶƟĮĐĂƟŽŶ͕ ĂƐƐĞƐƐŵĞŶƚ ĂŶĚ ĐŽŶƚƌŽů ƚŚƌŽƵŐŚŽƵƚ ϮϬϭϳ͘ ZĞƉŽƌƟŶŐ ŽĨ ŚĂnjĂƌĚƐ ŚĂƐ ŝŶĐƌĞĂƐĞĚ ĂŶĚ ŵŽƌĞ ŝŵƉŽƌƚĂŶƚůLJ͕ ŽƵƌ ƌĞƐƉŽŶƐĞ ƟŵĞƐ ŚĂǀĞ ĚĞĐƌĞĂƐĞĚ͘ dŚĞƌĞ ŚĂƐ ĂůƐŽ ďĞĞŶ Ă ĐŽŶĐĞŶƚƌĂƚĞĚ ĞīŽƌƚ ĂƌŽƵŶĚ ƐƉĞĐŝĮĐ ĂĐƟǀŝƟĞƐ ĂŶĚ ĞŶǀŝƌŽŶŵĞŶƚƐ ƚŚĂƚ ĂƌĞ ƐĞĞŶ ƚŽ ƉŽƐĞ Ă ĐƌŝƟĐĂů ƌŝƐŬ ƚŽ ŽƵƌ ƉĞŽƉůĞ͘ /Ŷ ƉĂƌƟĐƵůĂƌ ǁĞ ŚĂǀĞ ĨŽĐƵƐƐĞĚ ŽŶ͗ Ăŝƌ ƋƵĂůŝƚLJ͕ ĐŽŶĮŶĞĚ ƐƉĂĐĞƐ͕ ĞŵĞƌŐĞŶĐLJ ƌĞƐƉŽŶƐĞ͕ ŚĂnjĂƌĚŽƵƐ ƐƵďƐƚĂŶĐĞƐ͕ ƐŚĂƌĞĚ ĚƵƟĞƐ ĂŶĚ ƌĞƐƉŽŶƐŝďŝůŝƟĞƐ ǁŝƚŚ ŽƵƌ ĐŽŶƚƌĂĐƚ ƉĂƌƚŶĞƌƐ͕ ĂŶĚ ƚƌĂŶƐƉŽƌƚ͘

,ĂnjĂƌĚƐ ZĞƉŽƌƚĞĚ 2017

2016

120

120 104

100 85 80

68 61

60 45

50 44

72 59

87

88

105 91

77 81

80

85

68

60

46

34

40

20 2 2

10 3

100

40

15

20

0

0 :ĂŶ

&Ğď

DĂƌ

Ɖƌ

DĂLJ

:ƵŶ

:Ƶů

ƵŐ

^ĞƉ

KĐƚ

EŽǀ

ĞĐ


18

ANNUAL REPORT 2017

STUDENT ACHIEVEMENT


ANNUAL REPORT 2017

STUDENT ACHIEVEMENT

ACADEMIC ACHIEVEMENT PROVISIONAL EDUCATIONAL PERFORMANCE INDICATOR RESULTS /ƚ ŝƐ ŝŵƉŽƌƚĂŶƚ ƚŽ ŶŽƚĞ ƚŚĂƚ ƚŚĞ ĨŽůůŽǁŝŶŐ ĚƵĐĂƟŽŶĂů WĞƌĨŽƌŵĂŶĐĞ /ŶĚŝĐĂƚŽƌ ; W/Ϳ ƌĞƐƵůƚƐ ĂƌĞ ƉƌŽǀŝƐŝŽŶĂů ĂŶĚ ĂƌĞ likely to change as has occurred in previous years when the ^ Z ŝƐ ĮŶĂůŝƐĞĚ ŝŶ :ƵŶĞ͘ dŚĞƌĞĨŽƌĞ ƚŚĞ ĨŽůůŽǁŝŶŐ ĐŽŵŵĞŶƚĂƌLJ ŝƐ ƉƌŽǀŝƐŝŽŶĂů͘ WĂƌƟĐŝƉĂƟŽŶ͕ ƌĞƚĞŶƟŽŶ ĂŶĚ ƋƵĂůŝĮĐĂƟŽŶ ĐŽŵƉůĞƟŽŶ ƌĂƚĞƐ ĂƌĞ ŶŽƚ LJĞƚ ĂǀĂŝůĂďůĞ ĨƌŽŵ d ͘ YƵĂůŝĮĐĂƟŽŶ ĐŽŵƉůĞƟŽŶ ĚĂƚĂ ŝƐ ƉƌŽǀŝƐŝŽŶĂů ĂŶĚ ŚĂƐ ďĞĞŶ ŽďƚĂŝŶĞĚ ĨƌŽŵ ^/d͛Ɛ W/ ĂƐŚďŽĂƌĚ͘

MAORI, PASIFIKA AND UNDER 25 STUDENTS’ COURSE AND QUALIFICATION COMPLETION PROVISIONAL RESULTS ŽƵƌƐĞ ĂŶĚ ƋƵĂůŝĮĐĂƟŽŶ ĐŽŵƉůĞƟŽŶƐ ĨŽƌ DĈŽƌŝ͕ WĂƐŝĮŬĂ ĂŶĚ Under 25 students show improvements in several performance categories compared to the previous year. DĈŽƌŝ ƋƵĂůŝĮĐĂƟŽŶ ĐŽŵƉůĞƟŽŶƐ ŚĂǀĞ ŝŶĐƌĞĂƐĞĚ ďLJ ϱй ŽǀĞƌĂůů ĂŶĚ ĐŽƵƌƐĞ ĐŽŵƉůĞƟŽŶƐ ŚĂǀĞ ŝŶĐƌĞĂƐĞĚ ďLJ ϭй ŝŶ Ăůů ůĞǀĞůƐ͘ WĂƐŝĮŬĂ ĐŽƵƌƐĞ ĐŽŵƉůĞƟŽŶƐ ŚĂǀĞ ŝŶĐƌĞĂƐĞĚ ďLJ ϯй ŝŶ Ăůů ůĞǀĞůƐ͕ ĂŶĚ ƋƵĂůŝĮĐĂƟŽŶ ĐŽŵƉůĞƟŽŶƐ ŚĂǀĞ ŝŶĐƌĞĂƐĞĚ ďLJ ϭϬй ŽŶ ƚŚĞ previous year.

OVERALL PROVISIONAL RESULTS WƌŽǀŝƐŝŽŶĂů ƌĞƐƵůƚƐ ĨŽƌ ^/d͛Ɛ ^ƚƵĚĞŶƚ ĐŚŝĞǀĞŵĞŶƚ ŽŵƉŽŶĞŶƚ ;^ Ϳ ĨƵŶĚĞĚ ĞĚƵĐĂƟŽŶĂů ƉĞƌĨŽƌŵĂŶĐĞ ŝŶ ϮϬϭϳ ĨŽƌ ŽǀĞƌĂůů ĐŽƵƌƐĞ ĐŽŵƉůĞƟŽŶ ƐŚŽǁ Ă ƉŽƐŝƟǀĞ ƌĞƐƵůƚ Ăƚ ϳϲй ǁŚŝĐŚ ŝƐ ĂŶ increase of 1% compared with 2016. Level 3 and Level 4 course ĐŽŵƉůĞƟŽŶ ƌĞƐƵůƚƐ ĂƌĞ ĐŽŶƐŝƐƚĞŶƚ ǁŝƚŚ ϮϬϭϲ ĮŐƵƌĞƐ͘ /ƚ ŝƐ ƉůĞĂƐŝŶŐ ƚŽ ŶŽƚĞ Ă ϯй ŝŶĐƌĞĂƐĞ ŝŶ ƚŚĞ ĐŽƵƌƐĞ ĐŽŵƉůĞƟŽŶ ƌĂƚĞ ĨŽƌ WĂƐŝĮŬĂ ƐƚƵĚĞŶƚƐ ĂĐƌŽƐƐ Ăůů ůĞǀĞůƐ ĂŶĚ Ă ϭй ŝŶĐƌĞĂƐĞ ĨŽƌ DĈŽƌŝ ƐƚƵĚĞŶƚƐ Ăƚ Ăůů ůĞǀĞůƐ͘ WƌŽŐƌĞƐƐŝŽŶ ƌĂƚĞƐ ŚĂǀĞ ŝŵƉƌŽǀĞĚ ďLJ Ϯй ĨŽƌ Ăůů ^ ĨƵŶĚĞĚ students at 38% compared to 36% in 2016. While the ƉƌŽŐƌĞƐƐŝŽŶ ƌĂƚĞ ĨŽƌ DĈŽƌŝ ƐƚƵĚĞŶƚƐ ŚĂƐ ŵĞƚ ƚŚĞ ϮϬϭϳ ƚĂƌŐĞƚ ŽĨ ϰϱй ŝƚ ŝƐ ĚŝƐĂƉƉŽŝŶƟŶŐ ƚŽ ŶŽƚĞ WĂƐŝĮŬĂ ƐƚƵĚĞŶƚƐ͛ ƉƌŽŐƌĞƐƐŝŽŶ has decreased by almost 30%. dŚĞ ĚĞĐƌĞĂƐĞ ŝŶ WĂƐŝĮŬĂ ƉƌŽŐƌĞƐƐŝŽŶ ǁŝůů ďĞ ĂŶĂůLJƐĞĚ ĂŶĚ strategies implemented to bring about improvement in this area. ^/d͛Ɛ W/ ĂƐŚďŽĂƌĚ ϮϬϭϳ ƉƌŽǀŝƐŝŽŶĂů ƌĞƐƵůƚƐ ĨŽƌ Ăůů ^ ĨƵŶĚĞĚ ƐƚƵĚĞŶƚƐΖ ƋƵĂůŝĮĐĂƟŽŶ ĐŽŵƉůĞƟŽŶ ƐŚŽǁƐ Ă ƐĂƟƐĨĂĐƚŽƌLJ ŐĂŝŶ ŽĨ ϳй ŝŶ ƋƵĂůŝĮĐĂƟŽŶ ĐŽŵƉůĞƟŽŶ ƌĞƐƵůƚƐ ǁŚĞŶ ĐŽŵƉĂƌĞĚ ƚŽ ϮϬϭϲ ƌĞƐƵůƚƐ ĨƌŽŵ d ͘ DĈŽƌŝ ĂŶĚ WĂƐŝĮŬĂ ^ ĨƵŶĚĞĚ ƐƚƵĚĞŶƚƐ ŚĂĚ ŶŽƚĂďůĞ ŝŶĐƌĞĂƐĞƐ ŝŶ ƋƵĂůŝĮĐĂƟŽŶ ƌĂƚĞƐ ŽĨ ϱй ĂŶĚ ϭϬй ƌĞƐƉĞĐƟǀĞůLJ͘ ^ƚƌĂƚĞŐŝĞƐ ƚŽ ĐŽŶƟŶƵĞ ƚŽ ŝŵƉƌŽǀĞ Ăůů W/Ɛ ŝŶĐůƵĚĞ ĂĚĚŝƟŽŶĂů ƐƚƵĚĞŶƚ ƐƵƉƉŽƌƚ͕ ƐƚƌĞŶŐƚŚĞŶŝŶŐ ŽĨ ŝŶƚĞƌǀŝĞǁŝŶŐ͕ ƚĞƐƟŶŐ ĂŶĚ ĂĐĐĞƉƚĂŶĐĞ ƉƌŽĐĞĚƵƌĞƐ͕ ŝŵƉƌŽǀŝŶŐ ƵƐĞ ŽĨ ŝŶĨŽƌŵĂƟŽŶ ĨŽƌ ŵŽƌĞ ĞīĞĐƟǀĞ ŵŽŶŝƚŽƌŝŶŐ ŽĨ ƐƚƵĚĞŶƚ ƉƌŽŐƌĞƐƐ͕ ĂŶĚ ƐƚƌĞŶŐƚŚĞŶŝŶŐ ŽĨ ƐƚĂī ƚƌĂŝŶŝŶŐ ĂŶĚ ƐƵƉƉŽƌƚ͘ ĚĚŝƟŽŶĂů ƐƉĞĐŝĮĐ ƐƚƌĂƚĞŐŝĞƐ ŝŶĐůƵĚŝŶŐ ƉƌŽĨĞƐƐŝŽŶĂů ĚĞǀĞůŽƉŵĞŶƚ ĨŽƌ ƐƚĂī ĂŶĚ Ă ŵĞŶƚŽƌŝŶŐ ƐĐŚĞŵĞ ŚĂǀĞ ďĞĞŶ ŝŵƉůĞŵĞŶƚĞĚ ƚŽ ƐƵƉƉŽƌƚ DĈŽƌŝ ĂŶĚ WĂƐŝĮŬĂ students.

^/d͛Ɛ hŶĚĞƌ Ϯϱ ůĞĂƌŶĞƌƐ ĂĐŚŝĞǀĞĚ Ă Ϯй ŝŶĐƌĞĂƐĞ ŝŶ ƋƵĂůŝĮĐĂƟŽŶ ĐŽŵƉůĞƟŽŶƐ Ăƚ ůĞǀĞů ϯ ĂŶĚ ĂďŽǀĞ ĐŽŵƉĂƌĞĚ ƚŽ ϮϬϭϲ͕ ǁŚŝůĞ ĐŽƵƌƐĞ ĐŽŵƉůĞƟŽŶƐ ƌĞŵĂŝŶĞĚ ƚŚĞ ƐĂŵĞ͘

PARITY BETWEEN PRIORITY GROUPS AND ALL STUDENTS ŽƵƌƐĞ ĐŽŵƉůĞƟŽŶ ƌĞƐƵůƚƐ ĨŽƌ ^ ĨƵŶĚĞĚ DĈŽƌŝ ĂŶĚ ŶŽŶͲ DĈŽƌŝ ƐƚƵĚĞŶƚƐ͛ ƐŚŽǁ Ă ĚŝīĞƌĞŶĐĞ ŽĨ ϲй ǁŚŝĐŚ ŝƐ ĐŽŶƐŝƐƚĞŶƚ ǁŝƚŚ ϮϬϭϲ͘ ^/d ŝƐ ĐŽŶƟŶƵŝŶŐ ǁŝƚŚ ƐƚƌĂƚĞŐŝĞƐ ƚŽ ĞŶŚĂŶĐĞ DĈŽƌŝ ƐƚƵĚĞŶƚƐ͛ ůĞĂƌŶŝŶŐ ŝŶĐůƵĚŝŶŐ ƚŚĞ dĞ ǁĂ ZĂƵ DĞŶƚŽƌŝŶŐ ^ĐŚĞŵĞ ĨŽƌ DĈŽƌŝ ƐƚƵĚĞŶƚƐ ǁŚŝĐŚ ǁĂƐ ƉŝůŽƚĞĚ ŝŶ ϮϬϭϳ͘ dŚĞ ĚŝīĞƌĞŶƟĂů ďĞƚǁĞĞŶ WĂƐŝĮŬĂ ĂŶĚ ŶŽŶͲWĂƐŝĮŬĂ ƐƚƵĚĞŶƚƐ͛ ĐŽƵƌƐĞ ĐŽŵƉůĞƟŽŶ ƌĞƐƵůƚƐ ŚĂƐ ƐŚŽǁŶ ĂŶ ŝŵƉƌŽǀĞŵĞŶƚ ǁŝƚŚ Ă ĚĞĐƌĞĂƐĞ ĨƌŽŵ ϭϬй ŝŶ ϮϬϭϲ ƚŽ ϴй ŝŶ ϮϬϭϳ͘ ^/d ŝƐ ĐŽŶƟŶƵŝŶŐ ƚŽ ǁŽƌŬ ĐůŽƐĞůLJ ǁŝƚŚ ƚŚĞ WĂƐŝĮŬĂ ĐŽŵŵƵŶŝƚLJ ƚŽ ĞŶŚĂŶĐĞ ůĞĂƌŶŝŶŐ ŽƉƉŽƌƚƵŶŝƟĞƐ ĂŶĚ ĞdžƉĞƌŝĞŶĐĞƐ ĨŽƌ WĂƐŝĮŬĂ ƐƚƵĚĞŶƚƐ͘

19


20

ANNUAL REPORT 2017

STUDENT ACHIEVEMENT

EDUCATIONAL PARTICIPATION AND ACHIEVEMENT OUTCOMES (% OF TOTAL EFTS) WƌŽǀŝƐŝŽŶĂů ZĞƐƵůƚƐ

^ >ĞǀĞů ϯ ĂŶĚ ďŽǀĞ ^ƚƵĚĞŶƚƐ WĂƌƟĐŝƉĂƟŽŶ

YƵĂůŝĮĐĂƟŽŶ ŽŵƉůĞƟŽŶ ϮϬϭϲ

Actuals

ϮϬϭϳ Target

ϮϬϭϳ

WƌŽǀŝƐŝŽŶĂů

hŶĚĞƌ Ϯϱ

ϮϬϭϲ

ϮϬϭϳ

ϮϬϭϳ

Actuals

Target

WƌŽǀŝƐŝŽŶĂů

All Students

Level 3 and above

31%

32%

34%

All levels

68%

n/a

75%

Level 4 and above

25%

29%

25%

Level 3 and above

68%

75%

75%

Level 4 and above

68%

75%

72%

Level 3 and above

14%

13%

14%

Under 25

Level 4 and above

11%

10%

11%

All levels

77%

n/a

79%

WĂƐŝĮŬĂ

Level 3 and above

78%

79%

80%

Level 3 and above

3%

2%

3%

Level 4 and above

82%

79%

79%

Level 4 and above

2%

2%

2%

Maori

DĂŽƌŝ

ŽƵƌƐĞ ŽŵƉůĞƟŽŶ ƌƐĞ ŽŵƉůĞƟŽŶ ZĂƚĞƐ ϮϬϭϲ

Actuals

ϮϬϭϳ Target

ϮϬϭϳ

WƌŽǀŝƐŝŽŶĂů

All Students All levels

75%

n/a

76%

Level 3 and above

75%

81%

75%

Level 4 and above

75%

81%

76%

All levels

61%

n/a

66%

Level 3 and above

61%

67%

66%

Level 4 and above

60%

67%

62%

All levels

50%

n/a

60%

Level 3 and above

50%

67%

61%

Level 4 and above

49%

67%

65%

ϮϬϭϲ

ϮϬϭϳ

ϮϬϭϳ

All levels

63%

n/a

60%

63%

67%

60%

Pasifika

^ƚƵĚĞŶƚ ZĞƚĞŶƟŽŶ

Under 25 All levels

77%

n/a

77%

Level 3 and above

77%

84%

77%

Level 4 and above

79%

84%

79%

Maori

Actuals

Target

WƌŽǀŝƐŝŽŶĂů

All Students

All levels

69%

n/a

70%

Level 3 and above

Level 3 and above

69%

74%

68%

Under 25

Level 4 and above

69%

77%

69%

All levels

68%

n/a

64%

Level 3 and above

68%

n/a

64%

All levels

65%

n/a

68%

Level 3 and above

65%

74%

68%

Level 4 and above

68%

77%

71%

All levels

59%

n/a

57%

Level 3 and above

58%

62%

56%

All levels

52%

n/a

50%

Level 3 and above

50%

59%

50%

Pasifika

Maori

Pasifika


ANNUAL REPORT 2017

21

STUDENT ACHIEVEMENT

zŽƵƚŚ 'ƵĂƌĂŶƚĞĞ ^ƚƵĚĞŶƚƐ ^ƚƵĚĞŶƚ WƌŽŐƌĞƐƐŝŽŶ

ŽƵƌƐĞ ŽŵƉůĞƟŽŶ

ϮϬϭϲ

ϮϬϭϳ

ϮϬϭϳ

36%

43%

38%

Actuals

Target

All Students Levels 1 to 3, to a higher level

49%

45%

45%

43%

43%

14%

Pasifika Levels 1 to 3, to a higher level

ϮϬϭϳ

ϮϬϭϳ

Level 1

n/a

55%

n/a

Level 2

78%

85%

52%

Level 3

85%

83%

78%

ϮϬϭϲ

ϮϬϭϳ

ϮϬϭϳ

Levels 1 & 2

56%

58%

38%

Level 3

81%

75%

65%

ϮϬϭϲ

ϮϬϭϳ

ϮϬϭϳ

Level 1

n/a

51%

n/a

Level 2

41%

72%

58%

Level 3

76%

87%

80%

ϮϬϭϲ

ϮϬϭϳ

ϮϬϭϳ

Level 1

n/a

41%

n/a

Level 2

27%

57%

28%

Level 3

17%

35%

26%

Actuals

WůĂŶŶĞĚ Commitment

WƌŽǀŝƐŝŽŶĂů

All students

Maori Levels 1 to 3, to a higher level

ϮϬϭϲ

WƌŽǀŝƐŝŽŶĂů

YƵĂůŝĮĐĂƟŽŶ ŽŵƉůĞƟŽŶ Actuals

Actuals

WƌŽǀŝƐŝŽŶĂů

All students

KƚŚĞƌ ŽŵŵŝƚŵĞŶƚƐ ϮϬϭϲ

WůĂŶŶĞĚ Commitment

ϮϬϭϳ Target

ϮϬϭϳ

WƌŽǀŝƐŝŽŶĂů

The number of International student EFTs All levels

933.85

900

933.39

^ƚƵĚĞŶƚ ZĞƚĞŶƟŽŶ Actuals

WƌŽǀŝƐŝŽŶĂů

All students

ZĞƐĞĂƌĐŚ The amount of External Research income received All levels

WůĂŶŶĞĚ Commitment

0

0

0

The number of Research Degrees completed All levels

0

0

0

^ƚƵĚĞŶƚ WƌŽŐƌĞƐƐŝŽŶ Actuals

WůĂŶŶĞĚ Commitment

WƌŽǀŝƐŝŽŶĂů

All students


22

ANNUAL REPORT 2017

STUDENT ACHIEVEMENT

STUDENT SATISFACTION SURVEY dŚĞ ƉƵƌƉŽƐĞ ŽĨ ƚŚĞ ^ƚƵĚĞŶƚ ^ĂƟƐĨĂĐƟŽŶ ^ƵƌǀĞLJ ŝƐ ƚŽ ĐŽůůĞĐƚ ŝŶĨŽƌŵĂƟŽŶ ŽŶ ƚŚĞ ŽǀĞƌĂůů ĞdžƉĞƌŝĞŶĐĞ ŽĨ ƐƚƵĚĞŶƚƐ͕ ǁŚŝĐŚ assists SIT to improve the programmes and services it provides. Ɛ ŝŶ ƚŚĞ ϮϬϭϲ ^ƚƵĚĞŶƚ ^ĂƟƐĨĂĐƟŽŶ ^ƵƌǀĞLJ ĂŶ ŽŶůŝŶĞ ŽƉƟŽŶ via Blackboard was undertaken by the majority of students ĂŶĚ ^/d ĐŽŶƟŶƵĞĚ ǁŝƚŚ ƚŚĞ ƵƐĞ ŽĨ ƉĞƌĐĞŶƚĂŐĞ ƌĂƟŶŐ ƚŽ ĂůŝŐŶ ǁŝƚŚ ƚŚĞ ŵĞƚŚŽĚŽůŽŐLJ ƵƐĞĚ ďLJ ŽƚŚĞƌ ŝŶƐƟƚƵƚĞƐ ŽĨ ƚĞĐŚŶŽůŽŐLJ ĂŶĚ ƉŽůLJƚĞĐŚŶŝĐƐ ƚŽ ĂůůŽǁ ĨŽƌ ďĞŶĐŚŵĂƌŬŝŶŐ ĞdžĞƌĐŝƐĞƐ͘ ϲϬй response rate was achieved for the 2017 survey. KǀĞƌĂůů͕ ϵϯй ŽĨ ƚŚĞ ƐƚƵĚĞŶƚƐ ǁĞƌĞ ƐĂƟƐĮĞĚ ǁŝƚŚ ƚŚĞ programmes they were enrolled in which is comparable with ƚŚĞ ϵϰй ƐĂƟƐĨĂĐƟŽŶ ŝŶ ϮϬϭϲ͘

^ƚƵĚĞŶƚ ^ĂƟƐĨĂĐƟŽŶ ǁŝƚŚ ^/d 2016

2017

SIT

SIT

^ĂƟƐĨĂĐƟŽŶ ǁŝƚŚ ƚŚĞ WƌŽŐƌĂŵŵĞ

94%

93%

^ĂƟƐĨĂĐƟŽŶ ǁŝƚŚ ƚŚĞ dĞĂĐŚŝŶŐ

92%

91%

^ĂƟƐĨĂĐƟŽŶ ǁŝƚŚ ƚŚĞ /ŶƐƟƚƵƟŽŶ

94%

94%

^ĂƟƐĨĂĐƟŽŶ ǁŝƚŚ ƚŚĞ >ĞĂƌŶŝŶŐ ŶǀŝƌŽŶŵĞŶƚ

95%

93%

ĞŶĐŚŵĂƌŬŝŶŐ

SUCCESSFUL GRADUATE EMPLOYMENT AND FURTHER STUDY OUTCOMES The Graduate Outcome Survey was distributed in June 2017 ĂƉƉƌŽdžŝŵĂƚĞůLJ ϳ ŵŽŶƚŚƐ ĂŌĞƌ ƐƚƵĚĞŶƚƐ ĐŽŵƉůĞƚĞĚ ƚŚĞŝƌ ϮϬϭϲ ƋƵĂůŝĮĐĂƟŽŶƐ͘ dŚĞ ƐƵƌǀĞLJ ĞdžƉůŽƌĞĚ Ă ƌĂŶŐĞ ŽĨ ĂƐƉĞĐƚƐ ŝŶĐůƵĚŝŶŐ ƚŚĞ ŐƌĂĚƵĂƚĞƐ͛ ƐĂƟƐĨĂĐƟŽŶ ǁŝƚŚ ƚŚĞŝƌ ĞdžƉĞƌŝĞŶĐĞƐ Ăƚ ^/d͕ ƚŚĞŝƌ ƐƵĐĐĞƐƐ ŝŶ ĮŶĚŝŶŐ ĞŵƉůŽLJŵĞŶƚ ĨŽůůŽǁŝŶŐ ŐƌĂĚƵĂƟŽŶ ĂŶĚ ƚŚĞ degree to which the skills and knowledge they had gained prepared them for their chosen careers. dŚĞ ƌĞƐƉŽŶƐĞ ƌĂƚĞ ǁĂƐ ƐĂƟƐĨĂĐƚŽƌLJ Ăƚ ϯϴ ƉĞƌ ĐĞŶƚ͕ ĞŶƐƵƌŝŶŐ Ă ǀĂůŝĚ ƐĂŵƉůĞ ŽĨ ŽǀĞƌ ϭ͕ϬϬϬ ŐƌĂĚƵĂƚĞƐ ǁŝƚŚ ƐĂƟƐĨĂĐƚŽƌLJ ƌĞƐƵůƚƐ and feedback provided. Results showed that 97% of graduates were in employment or undertaking further study which was a slight increase on the previous year, with the majority of those studying enrolled at SIT. The breakdown of graduates working or self-employed showed an increase of 5%, with 81% working or self-employed in 2016 compared to 76% in 2015. The median gross annual salary showed a slight improvement at $43,560 compared with $43,239 in the previous year. ůĂƌŐĞ ƉƌŽƉŽƌƟŽŶ ŽĨ ŐƌĂĚƵĂƚĞƐ ǁĞƌĞ ƐĂƟƐĮĞĚ ǁŝƚŚ ƚŚĞ ƋƵĂůŝƚLJ ŽĨ ƚŚĞŝƌ ƉƌŽŐƌĂŵŵĞ ǁŝƚŚ ϵϮй ĞdžƉƌĞƐƐŝŶŐ ŽǀĞƌĂůů ƐĂƟƐĨĂĐƟŽŶ͕ ƐůŝŐŚƚůLJ ĚŽǁŶ ĨƌŽŵ ƚŚĞ ƉƌĞǀŝŽƵƐ LJĞĂƌ ;ϵϰйͿ͘ EŝŶĞƚLJ ƉĞƌ ĐĞŶƚ ĐŽŶĮƌŵĞĚ ƚŚĂƚ ƚŚĞLJ ǁŽƵůĚ ƌĞĐŽŵŵĞŶĚ ƚŚĞŝƌ ƉƌŽŐƌĂŵŵĞ ƚŽ ŽƚŚĞƌƐ͕ Ă ĚĞĐƌĞĂƐĞ ĨƌŽŵ ϵϮй ŝŶ ƚŚĞ ϮϬϭϱ ƐĂƟƐĨĂĐƟŽŶ ƌĂƟŶŐ͘ ŝŐŚƚLJͲŶŝŶĞ ƉĞƌ ĐĞŶƚ ƐĂŝĚ ƚŚĂƚ ƚŚĞ ƉƌŽŐƌĂŵŵĞƐ ƌĞƉƌĞƐĞŶƚĞĚ good value for money, a decrease from the previous year ;ϵϯйͿ͘

'ƌĂĚƵĂƚĞ KƵƚĐŽŵĞƐ 2016

2016

SIT

ĞŶĐŚŵĂƌŬŝŶŐ ŐŐƌĞŐĂƚĞ sĂůƵĞ

^ĂƟƐĨĂĐƟŽŶ ǁŝƚŚ ƚŚĞ WƌŽŐƌĂŵŵĞ

94%

93%

^ĂƟƐĨĂĐƟŽŶ ǁŝƚŚ ƚŚĞ dĞĂĐŚŝŶŐ

92%

92%

^ĂƟƐĨĂĐƟŽŶ ǁŝƚŚ ƚŚĞ /ŶƐƟƚƵƟŽŶ

94%

94%

^ĂƟƐĨĂĐƟŽŶ ǁŝƚŚ ƚŚĞ >ĞĂƌŶŝŶŐ ŶǀŝƌŽŶŵĞŶƚ

95%

94%

dŚĞ ƐĂƟƐĨĂĐƟŽŶ ǁŝƚŚ ƚŚĞ ƉƌŽŐƌĂŵŵĞ͕ ƚĞĂĐŚŝŶŐ͕ ŝŶƐƟƚƵƟŽŶ and learning environment in 2016 was benchmarked with ĂŶŽƚŚĞƌ /dW ŝŶ :ƵŶĞ ϮϬϭϳ͘ ^/d ĂĐŚŝĞǀĞĚ Ă ƌĂƟŶŐ ǁŚŝĐŚ ǁĂƐ equal or higher than the aggregate benchmarking value for each aspect.

2015

2016*

'ƌĂĚƵĂƚĞƐ ĂƌĞ ƐĂƟƐĮĞĚ ǁŝƚŚ ƚŚĞ 94% quality of their programmes

92%

Graduates are working and/or self-employed

76%

81%

Graduates are either working or studying/intending to enrol in study

96%

97%

Graduates are working in an area relevant to their ƋƵĂůŝĮĐĂƟŽŶƐ

64%

66%

Graduates would recommend their programme to others

92%

90%

WƌŽŐƌĂŵŵĞ ƌĞƉƌĞƐĞŶƚĞĚ ǀĂůƵĞ for money

93%

89%

Median salary

$43,239.00

$43,560.00

ΎKƵƚĐŽŵĞƐ ƌĞůĂƚĞ ƚŽ ƚŚĞ ϮϬϭϳ 'ƌĂĚƵĂƚĞ KƵƚĐŽŵĞ ^ƵƌǀĞLJ ŽĨ ϮϬϭϲ ŐƌĂĚƵĂƚĞƐ͘


ANNUAL REPORT 2017

STUDENT ACHIEVEMENT

SIT STUDENTS AWARDED SECOND PRIME MINISTER’S SCHOLARSHIP FOR ASIA ŐƌŽƵƉ ƐĐŚŽůĂƌƐŚŝƉ ƵŶĚĞƌ ƚŚĞ WƌŝŵĞ DŝŶŝƐƚĞƌ͛Ɛ ^ĐŚŽůĂƌƐŚŝƉƐ ĨŽƌ ƐŝĂ ;WD^ Ϳ ƉƌŽŐƌĂŵŵĞ ǁĂƐ ĂǁĂƌĚĞĚ ƚŽ ^/d ƐƚƵĚĞŶƚƐ ĨŽƌ ƚŚĞ ƐĞĐŽŶĚ LJĞĂƌ ŝŶ ƐƵĐĐĞƐƐŝŽŶ͘ ŐƌŽƵƉ ŽĨ /ŶĨŽƌŵĂƟŽŶ Technology students were selected to travel to Japan and ƵŶĚĞƌƚĂŬĞ ĂŶ ĞŝŐŚƚͲǁĞĞŬ ƉƌŽŐƌĂŵŵĞ Ăƚ EĂƌĂ /ŶƐƟƚƵƚĞ ŽĨ ^ĐŝĞŶĐĞ ĂŶĚ dĞĐŚŶŽůŽŐLJ ;E /^dͿ͕ ůŽĐĂƚĞĚ ŝŶ <ĂŶƐĂŝ ŝƚLJ͕ ƐŽƵƚŚ of Tokyo, Japan. dŚĞ ƐĞůĞĐƚĞĚ ƐƚƵĚĞŶƚƐ͕ ĂǀŝĚ ĂƌƚŵĂŶ͕ EĞůƐŽŶ ŐĂĚƵ͕ ƌŝƩŶĞLJ ,ƵdžĨŽƌĚ͕ ,ŝůŐĂƌĚ Ƶ WƌĞĞnj͕ :ĞƐƐĞ >ŝůůĞLJ͕ DĂƩŚĞǁ WŽƉĞ͕ :ŽƌĚĂŶ Hamilton and Aaron Boal arrived in Japan on 24 September ϮϬϭϳ͕ ĂŶĚ ƐƚĂLJĞĚ ŝŶ dŽŬLJŽ ĨŽƌ ƚŚĞ ĮƌƐƚ ǁĞĞŬ͕ ĂƩĞŶĚŝŶŐ ĞĚƵĐĂƟŽŶĂů ƉƌĞƐĞŶƚĂƟŽŶƐ ďLJ ƚŚĞ ĐLJďĞƌƐĞĐƵƌŝƚLJ ĞdžƉĞƌƚƐ ĂŶĚ ƌĞƐĞĂƌĐŚĞƌƐ Ăƚ EĂƟŽŶĂů /ŶƐƟƚƵƚĞ ŽĨ /ŶĨŽƌŵĂƟŽŶ ĂŶĚ ŽŵŵƵŶŝĐĂƟŽŶƐ dĞĐŚŶŽůŽŐLJ ;E/ dͿ͘

dŚĞŝƌ ĮƌƐƚ ǁĞĞŬ ĐŽŶĐůƵĚĞĚ ǁŝƚŚ Ă ůĞĐƚƵƌĞ ĂďŽƵƚ ĐLJďĞƌƐĞĐƵƌŝƚLJ ƚŚĞŽƌLJ͕ ĐLJďĞƌͲĂƩĂĐŬƐ͕ E/ d Z͕ >h^ ĂŶĚ E/Zs E <Ăŝ͘ dŚĞ ůĂƩĞƌ ƚŚƌĞĞ ĂƌĞ ĂƉƉůŝĐĂƟŽŶƐ ĂŝŵĞĚ ƚŽ ƚƌĂĐŬ ĂŶĚ ĂŝĚ ĚĞĨĞŶĐĞ ĂŐĂŝŶƐƚ ĐLJďĞƌͲĂƩĂĐŬƐ͘ &ŽůůŽǁŝŶŐ ƚŚĞŝƌ ƟŵĞ ŝŶ dŽŬLJŽ͕ ƚŚĞ ƐƚƵĚĞŶƚƐ ƚŚĞŶ ƐƚƵĚŝĞĚ ƚŚĞ Cybersecurity and Internet of Things Knowledge Transfer ĂŶĚ ƵůƚƵƌĂů WƌŽŐƌĂŵŵĞ Ăƚ E /^d ĨŽƌ ƐĞǀĞŶ ǁĞĞŬƐ͘ ^ƚƵĚĞŶƚƐ ĐŽŶĮƌŵĞĚ ƚŚĂƚ ƚŚĞ ƉƌŽŐƌĂŵŵĞ ƉƌŽǀŝĚĞĚ ƚŚĞŵ ǁŝƚŚ ŝĚĞĂƐ ĨŽƌ postgraduate and masters projects at SIT, as well as allowing ƚŚĞŵ ƚŽ ďƵŝůĚ ĐŽŶŶĞĐƟŽŶƐ͕ ŶĞƚǁŽƌŬƐ ĂŶĚ ĨƌŝĞŶĚƐŚŝƉƐ͕ ĚĞǀĞůŽƉ a deeper understanding of the Japanese language and culture ĂŶĚ ŐĂŝŶ ŝŶƚĞƌŶĂƟŽŶĂů ƉĞƌƐƉĞĐƟǀĞƐ͘ dŚŝƐ ǁŝůů ƐƚĂŶĚ ƚŚĞŵ in good stead for their future careers, as well as helping to strengthen New Zealand’s ability to engage with key Asian trading partners.

^ƚƵĚĞŶƚƐ ĨƌŽŵ ůĞŌ ƚŽ ƌŝŐŚƚ͗ ,ŝůŐĂƌĚ Ƶ WƌĞĞnj͕ :ŽƌĚĂŶ ,ĂŵŝůƚŽŶ͕ ĂƌŽŶ ŽĂů͕ ƌ :ŽŚŶ LJŽĂĚĞ ;ĨŽƌŵĞƌ ^/d ƐƚĂī ŵĞŵďĞƌͿ͕ ƌŝƩŶĞLJ ,ƵdžĨŽƌĚ͕ ĂǀŝĚ ĂƌƚŵĂŶ͕ DĂƩŚĞǁ WŽƉĞ͕ :ĞƐƐĞ >ŝůůĞ͘

23


24

STUDENT ACHIEVEMENT

ENGINEERING STUDENT WINS FLETCHER TRUST SIT OVERALL AWARD FOR OUTSTANDING PROGRESS

ANNUAL REPORT 2017

INFORMATION TECHNOLOGY STUDENT OBTAINS GRADUATE PROGRAMME POSITION

ŚůŽĞ ƌĂŶŬƐ ŚĂĚ ŶŽ ƉƌĞǀŝŽƵƐ ĞdžƉĞƌŝĞŶĐĞ ŝŶ ĂŶLJƚŚŝŶŐ ƌĞůĂƚĞĚ to engineering when she decided to enrol in the New Zealand ĞƌƟĮĐĂƚĞ ŝŶ DĞĐŚĂŶŝĐĂů ŶŐŝŶĞĞƌŝŶŐ Ăƚ ^/d͘ ͞/ ĐŚŽƐĞ DĞĐŚĂŶŝĐĂů ŶŐŝŶĞĞƌŝŶŐ ďĞĐĂƵƐĞ ĂŌĞƌ ƚŚŝŶŬŝŶŐ ĂďŽƵƚ ĚŽŝŶŐ Ă ƚƌĂĚĞ ĨŽƌ Ă ůŽŶŐ ƟŵĞ͕ / ĚĞĐŝĚĞĚ ĞŶŐŝŶĞĞƌŝŶŐ ůŽŽŬĞĚ ĨƵŶ ĂŶĚ ŝŶƚĞƌĞƐƟŶŐ͕ ĂŶĚ ǁŚLJ ŶŽƚ ŐŝǀĞ ŝƚ Ă ŐŽ͘͟ Smashing stereotypes, Chloe has come out of her year of ƐƚƵĚLJ ĂƐ ƚŚĞ ƚŽƉ ƐƚƵĚĞŶƚ͕ ǁŝŶŶŝŶŐ ƚŚĞ &ůĞƚĐŚĞƌ dƌƵƐƚ ʹ ^/d KǀĞƌĂůů ǁĂƌĚ ĨŽƌ ŽƵƚƐƚĂŶĚŝŶŐ ƉƌŽŐƌĞƐƐ ŝŶ Ă ĨƵůůͲƟŵĞ͕ ĨƵůů year programme, the Invercargill Licensing Trust Scholarship, ŽŶŐǁŚĂ WĂƟŶĂ E >ƚĚ ǁĂƌĚ ĨŽƌ dŽƉ ^ƚƵĚĞŶƚ ĂŶĚ ƚŚĞ K dƌŽƉŚLJ ĨŽƌ džĐĞůůĞŶĐĞ ŝŶ tĞůĚŝŶŐ͘ ŚůŽĞ ŚĂƐ ĂůƐŽ ǁĂůŬĞĚ ƐƚƌĂŝŐŚƚ ŝŶƚŽ ĂŶ ĂƉƉƌĞŶƟĐĞƐŚŝƉ Ăƚ EĞǁ Zealand Aluminium Smelters Limited and tutor Bruce Hartley ĐĂŶŶŽƚ ƐƉĞĂŬ ŽĨ ŚĞƌ ŚŝŐŚůLJ ĞŶŽƵŐŚ͘ ͞ ŚůŽĞ ŝƐ ŶŽƚ ŽŶůLJ ƚŚĞ top student on this year’s course, but is the best pre-trade engineering student I have taught. Her ability in the machine ƐŚŽƉ ƌŝǀĂůƐ ƚŚĂƚ ŽĨ ĂƉƉƌĞŶƟĐĞƐ ĂƩĞŶĚŝŶŐ ƚŚĞŝƌ ĮŶĂů LJĞĂƌ ďůŽĐŬ ĐŽƵƌƐĞ͘ / Ăŵ ĐŽŶĮĚĞŶƚ ƚŚĂƚ ŚůŽĞ ǁŝůů ďĞĐŽŵĞ ĂŶ ĞdžĐĞƉƟŽŶĂů ƚƌĂĚĞƐƉĞƌƐŽŶ ĂŶĚ ĂŶ ĂƐƐĞƚ ƚŽ ƚŚĞ ŝŶĚƵƐƚƌLJ͘͟

ƌŝƩŶĞLJ ,ƵdžĨŽƌĚ ƌĞĐĞŝǀĞƐ ƚŚĞ :ĞŶƐĞŶ dĞĐŚ ǁĂƌĚ ĨŽƌ dŽƉ ^ƚƵĚĞŶƚ ŝŶ zĞĂƌ ϯ /ŶĨŽƌŵĂƟŽŶ dĞĐŚŶŽůŽŐLJ ĂůŽŶŐ ǁŝƚŚ ũŽŝŶƚ ǁŝŶŶĞƌ ƌŽĚŝĞ tŝůĐŽdž ĂĐŚĞůŽƌ ŽĨ /ŶĨŽƌŵĂƟŽŶ dĞĐŚŶŽůŽŐLJ ŐƌĂĚƵĂƚĞ ƌŝƩŶĞLJ ,ƵdžĨŽƌĚ ĮŶŝƐŚĞĚ ŚĞƌ ĚĞŐƌĞĞ ŝŶ ϮϬϭϳ͕ ŵŽǀŝŶŐ ŝŶƚŽ Ă ƉŽƐŝƟŽŶ ŝŶǀŽůǀŝŶŐ ƐŽŌǁĂƌĞ ƚĞƐƟŶŐ͘ ,ĂǀŝŶŐ ŽďƚĂŝŶĞĚ ƚŚŝƐ ƉŽƐŝƟŽŶ ƚŚƌŽƵŐŚ Ă ŐƌĂĚƵĂƚĞ ƉƌŽŐƌĂŵŵĞ ƐŚĞ ĂƉƉůŝĞĚ ĨŽƌ ŝŶ ŚĞƌ ĮŶĂů LJĞĂƌ Ăƚ ^/d͕ ƐŚĞ ĐŽƵŶƚƐ ƐƚƵĚLJŝŶŐ Ăƚ ^/d ĂƐ ĐƌĞĂƟŶŐ ĨĂŶƚĂƐƟĐ ŽƉƉŽƌƚƵŶŝƟĞƐ ŝŶ ƚŚĞ ŝŶĚƵƐƚƌLJ ǁŚŝĐŚ ŚĂǀĞ ŐƌĞĂƚůLJ ĂƐƐŝƐƚĞĚ ǁŝƚŚ ŚĞƌ ĞĚƵĐĂƟŽŶ in IT. ĞŝŶŐ ŽŶĞ ŽĨ ƚŚĞ ƐƚƵĚĞŶƚƐ ĂǁĂƌĚĞĚ ƚŚĞ WƌŝŵĞ DŝŶŝƐƚĞƌ͛Ɛ ^ĐŚŽůĂƌƐŚŝƉ ĨŽƌ ƐŝĂ͕ ŝŶ ďŽƚŚ ϮϬϭϲ ĂŶĚ ϮϬϭϳ͕ ƌŝƩŶĞLJ ǁĂƐ ŐŝǀĞŶ ƚŚĞ ŽƉƉŽƌƚƵŶŝƚLJ ƚŽ ƐƚƵĚLJ ĂŶĚ ĞdžƉĞƌŝĞŶĐĞ ůŝǀŝŶŐ ŝŶ ŚŝŶĂ ĂŶĚ Japan. ͞dŚĞ WD^ ƐĐŚŽůĂƌƐŚŝƉƐ ĞŶĂďůĞĚ ŵĞ ƚŽ ƵŶĚĞƌƐƚĂŶĚ ŚŽǁ ĂƐƉĞĐƚƐ ŽĨ ŝŶĨŽƌŵĂƟŽŶ ƚĞĐŚŶŽůŽŐLJ ĂƌĞ ŚĂŶĚůĞĚ ĂŶĚ ƐƚƵĚŝĞĚ ĂďƌŽĂĚ͘ dŚŝƐ ǁĂƐ ĞLJĞ ŽƉĞŶŝŶŐ ƚŽ ĐƵůƚƵƌĂů ĚŝīĞƌĞŶĐĞƐ ʹ ĂŶĚ ƐŝŵŝůĂƌŝƟĞƐ͘ /ƚ ǁĂƐ Ă ĨĂŶƚĂƐƟĐ ŽƉƉŽƌƚƵŶŝƚLJ ƚŚĂƚ ĂůůŽǁĞĚ ĨŽƌ Ă ůŽƚ ŽĨ ĂŵĂnjŝŶŐ ĞdžƉĞƌŝĞŶĐĞƐ͕ ŶĞƚǁŽƌŬŝŶŐ͕ ĂŶĚ ĞĚƵĐĂƟŽŶ͘͟ /Ŷ ƚŚĞ ^/d ǁĂƌĚ ĞƌĞŵŽŶLJ ƌŝƩŶĞLJ ǁŽŶ ƚŚĞ ^ŽƵƚŚůĂŶĚ Chamber of Commerce Award for Top Student in Year 3 /ŶĨŽƌŵĂƟŽŶ dĞĐŚŶŽůŽŐLJ ^ŽŌǁĂƌĞ ĞǀĞůŽƉŵĞŶƚ ĂŶĚ ǁĂƐ Ă ũŽŝŶƚ winner of the Jensen Tech Award for Top Student in Year 3 /ŶĨŽƌŵĂƟŽŶ dĞĐŚŶŽůŽŐLJ ǁŝƚŚ ƌŽĚŝĞ tŝůĐŽdž͘

ŚůŽĞ ƌĂŶŬƐ ƌĞĐĞŝǀĞƐ ƚŚĞ &ůĞƚĐŚĞƌ dƌƵƐƚͲ^/d KǀĞƌĂůů ǁĂƌĚ ĨŽƌ KƵƚƐƚĂŶĚŝŶŐ WƌŽŐƌĞƐƐ ĨƌŽŵ DĂƌĞĞ ,ŽǁĚĞŶ ^/d ĞƉƵƚLJ ŚŝĞĨ džĞĐƵƟǀĞ

dŚƌŽƵŐŚŽƵƚ ŚĞƌ ƐƚƵĚŝĞƐ Ăƚ ^/d͕ ƌŝƩŶĞLJ ŚĂĚ ƚŚĞ ŽƉƉŽƌƚƵŶŝƚLJ ƚŽ ǁŽƌŬ ǁŝƚŚ Ă ůĂƌŐĞ ^ŽƵƚŚůĂŶĚ ďƵƐŝŶĞƐƐ ƚŚƌŽƵŐŚ ĂŶ ŝŶƚĞƌŶƐŚŝƉ ʹ ĨŽĐƵƐŝŶŐ ŽŶ ŵŽďŝůĞ ĂƉƉůŝĐĂƟŽŶ ĚĞǀĞůŽƉŵĞŶƚ͘ dŚŝƐ ŝŶƚĞƌŶƐŚŝƉ ĐŽŶƚƌŝďƵƚĞĚ ƚŽǁĂƌĚƐ ŚĞƌ ǁŽƌŬ ĞdžƉĞƌŝĞŶĐĞ ĨŽƌ ƚŚĞ ĮŶĂů LJĞĂƌ ŽĨ ƚŚĞ ĐŽƵƌƐĞ ĂŶĚ ǁĂƐ ƵƐĞĨƵů ŝŶ ƵŶĚĞƌƐƚĂŶĚŝŶŐ ƐŽŌǁĂƌĞ development environments.


ANNUAL REPORT 2017

GRADUATE CREATES FASHION LABEL AND CARTOON ANIMATION >ƵŬĞ ĂǁƐŽŶ ŐƌĂĚƵĂƚĞĚ ĨƌŽŵ ^/d͛Ɛ ĂĐŚĞůŽƌ ŽĨ &ĂƐŚŝŽŶ ; ĞƐŝŐŶ ĂŶĚ dĞĐŚŶŽůŽŐLJͿ ŝŶ ϮϬϭϱ͘ /Ŷ ƚŚĞ ƚǁŽ ƐŚŽƌƚ LJĞĂƌƐ ƐŝŶĐĞ ĚŽŶŶŝŶŐ the robes of a graduate, he has completed a 12-month internship with a local designer, created his own fashion label ͞>ƵŬĞ ĂǁƐŽŶ͟ ĂŶĚ ǁĂƐ ŝŶǀŝƚĞĚ ƚŽ ƚĂŬĞ ƉĂƌƚ ŝŶ ϮϬϭϳ EĞǁ ĞĂůĂŶĚ &ĂƐŚŝŽŶ tĞĞŬ͘

STUDENT ACHIEVEMENT

INAUGURAL SOUTHLAND CHAMBER OF COMMERCE – SOUTH PORT NZ TOP STUDENT AWARD WINNER

>ƵŬĞ͛Ɛ ĐƌĞĂƟǀŝƚLJ ŝƐ ŶŽƚ ƐŝŶŐƵůĂƌůLJ ůŝŵŝƚĞĚ ƚŽ ĨĂƐŚŝŽŶ ĚĞƐŝŐŶ͕ ďƵƚ ĐŽŵďŝŶĞĚ ǁŝƚŚ ŚŝƐ ůŽǀĞ ĨŽƌ ĐĂƌƚŽŽŶƐ ĂŶĚ ĂŶŝŵĂƟŽŶ͘ ,ĂǀŝŶŐ ĂĐŚŝĞǀĞĚ Ă ŝƉůŽŵĂ ŝŶ ϯ ŶŝŵĂƟŽŶ͕ ŚĞ ĐŽŵďŝŶĞƐ ŚŝƐ ůŽǀĞ ĨŽƌ ĨĂƐŚŝŽŶ ĂŶĚ ĂŶŝŵĂƟŽŶ ŝŶ ŚŝƐ ƵŶŝƐĞdž ƐƚƌĞĞƚǁĞĂƌ͘ tŝƚŚ ƉŝĞĐĞƐ ŚĞĂǀŝůLJ ŝŶŇƵĞŶĐĞĚ ďLJ ĐĂƌƚŽŽŶƐ ĂŶĚ ͚ďŽĂƌĚ͛ ƐƚƌĞĞƚǁĞĂƌ͕ ŚŝƐ plans for the future stretch to working on his own cartoon ĂŶŝŵĂƟŽŶ ͚dŚĞ ŽLJ &ƌŽŵ 'ŽƌĞǀŝůůĞ͛͘ dŚŝƐ ŝƐ Ă ĐŽŶĐĞƉƚ ŝŶ ŚŝƐ ĐůŽƚŚŝŶŐ ůŝŶĞ ǁŚĞƌĞ ĞĂĐŚ ĐŽůůĞĐƟŽŶ ĐŽŵĞƐ ǁŝƚŚ Ă ŶĞǁ ƐƚŽƌLJ ĨƌŽŵ ƚŚĞ ĐŽŵŝĐ ƉƌŝŶƚĞĚ ŽŶ ĚŝīĞƌĞŶƚ ƉĂƌƚƐ ŽĨ ƚŚĞ ŐĂƌŵĞŶƚƐ͘ tŝƚŚŝŶ ĮǀĞ LJĞĂƌƐ͕ ŚĞ ŝƐ ĐŽŶĮĚĞŶƚ ƚŚĂƚ ŚĞ ǁŝůů ďĞ ĨƵůůͲƟŵĞ ǁŝƚŚ ͞>ƵŬĞ ĂǁƐŽŶ͟ ĚĞƐŝŐŶ͕ ŚĂǀĞ ƉƌŽĚƵĐĞĚ ŵŽƌĞ ƐŚŽǁƐ Ăƚ EĞǁ ĞĂůĂŶĚ &ĂƐŚŝŽŶ tĞĞŬ ĂŶĚ ŚĂǀĞ ŚŝƐ ƌĂŶŐĞ ƐƉƌĞĂĚ ŽƵƚ ĂĐƌŽƐƐ New Zealand and Australia, while making its way overseas.

Winner of the inaugural Southland Chamber of Commerce^ŽƵƚŚ WŽƌƚ E dŽƉ ^ƚƵĚĞŶƚ ǁĂƌĚ ĨŽƌ ƚŚĞ DĂƐƚĞƌ ŽĨ ƉƉůŝĞĚ DĂŶĂŐĞŵĞŶƚ͕ WĂƟĞŶĐĞ ^ĂƚŽƌŽ ǁĂƐ ŽƌŝŐŝŶĂůůLJ ĨƌŽŵ ŝŵďĂďǁĞ ĂŶĚ ŝƐ Ă ĂĐŚĞůŽƌ ŽĨ DĂƌŬĞƟŶŐ ŐƌĂĚƵĂƚĞ ĨƌŽŵ ƚŚĞ ŝŵďĂďǁĞ Open University. WĂƟĞŶĐĞ ĞŶƌŽůůĞĚ ŝŶ ƚŚĞ ^/d DĂƐƚĞƌ ŽĨ ƉƉůŝĞĚ DĂŶĂŐĞŵĞŶƚ ƚŽ ĐŽŵƉůĞŵĞŶƚ ŚĞƌ ƐƚƵĚLJ ĞdžƉĞƌŝĞŶĐĞ ĂŶĚ ǁŽƌŬ ŚŝƐƚŽƌLJ͘ ^ŚĞ believed the programme would enhance her career prospects, including further study in papers such as: business planning, ƐƚƌĂƚĞŐŝĐ ŵĂŶĂŐĞŵĞŶƚ͕ ŝŶŶŽǀĂƟŽŶ ĂŶĚ ĞŶƚƌĞƉƌĞŶĞƵƌƐŚŝƉ͕ ĂŶĚ human resources. ͞dŚĞƐĞ ĂƌĞ ŵŽĚƵůĞƐ ƚŚĂƚ ŚĂǀĞ ŐƌĞĂƚůLJ ŝŵƉƌŽǀĞĚ ŵLJ ƐŬŝůůƐ and have equipped me to handle any role in a professional ŵĂŶŶĞƌ͘͟ dŚĞ ƉƌŽŐƌĂŵŵĞ ŝƚƐĞůĨ ͙͞ ǁĂƐ ĂƉƉƌŽƉƌŝĂƚĞůLJ ĐŚĂůůĞŶŐŝŶŐ͕ ƚŚĞ ĂƐƐŝŐŶŵĞŶƚƐ ƐƚƌĞƚĐŚĞĚ ƵƐ ƚŽ ƚŚŝŶŬ ŽƵƚƐŝĚĞ ƚŚĞ ďŽdž ĂŶĚ ƚŽ ĂƉƉůLJ ƚŚĞŽƌLJ ƚŽ ƌĞĂů ƐŝƚƵĂƟŽŶƐ ĂŶĚ ƐĐĞŶĂƌŝŽƐ ǁŝƚŚŝŶ ŽƌŐĂŶŝƐĂƟŽŶƐ͘ ,ĂǀŝŶŐ Ă ŵŝdžĞĚ ďĂŐ ŽĨ ŶĂƟŽŶĂůŝƟĞƐ ŵĂĚĞ ƚŚĞ ĐŽƵƌƐĞ ǀĞƌLJ ŝŶƚĞƌĞƐƟŶŐ ĂŶĚ ĞŶƌŝĐŚŝŶŐ͘͟ >ƵŬĞ ĂǁƐŽŶ ƉƌĞƉĂƌĞƐ ŚŝƐ ͞>ƵŬĞ ĂǁƐŽŶ͟ ĚĞƐŝŐŶ ĐŽůůĞĐƟŽŶ Ăƚ ƚŚĞ ϮϬϭϳ EĞǁ ĞĂůĂŶĚ &ĂƐŚŝŽŶ ǁĂƌĚƐ

ƵƌŝŶŐ ŚĞƌ ƐƚƵĚŝĞƐ͕ WĂƟĞŶĐĞ ŚĂĚ ƚŚĞ ŽƉƉŽƌƚƵŶŝƚLJ ƚŽ ƵŶĚĞƌƚĂŬĞ Ă ǁŽƌŬ ƉůĂĐĞŵĞŶƚ ƌŽůĞ ǁŝƚŚ ƌŽǁĞ ,ŽƌǁĂƚŚ͕ ĂŶ ĂĐĐŽƵŶƟŶŐ and business advisory company, which was arranged ƚŚƌŽƵŐŚ ^/d͘ WĂƟĞŶĐĞ ǁŽƌŬĞĚ ƚŚĞƌĞ ĨŽƌ Ɛŝdž ǁĞĞŬƐ͕ ĮŶĚŝŶŐ ƚŚĞ ĞdžƉĞƌŝĞŶĐĞ ĞŶƌŝĐŚŝŶŐ͘ ͞/ƚ ŚĞůƉĞĚ ŵĞ ŐĞƚ Ă ŐůŝŵƉƐĞ ŝŶƚŽ ƚŚĞ ĐŽƌƉŽƌĂƚĞ ǁŽƌůĚ ŝŶ EĞǁ ĞĂůĂŶĚ ĂŶĚ ƚŚĞ ŽƌŐĂŶŝƐĂƟŽŶ ŐĂǀĞ ŵĞ ĂŶ ĞŵƉůŽLJŵĞŶƚ ŽīĞƌ ĂŌĞƌ ŵLJ ƉůĂĐĞŵĞŶƚ͕ ĐŽŵŵĞŶĐŝŶŐ ŝŶ &ĞďƌƵĂƌLJ ϮϬϭϴ͘͟

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ANNUAL REPORT 2017

STUDENT SUPPORT


ANNUAL REPORT 2017

STUDENT SUPPORT

ACADEMIC AND PASTORAL SUPPORT

YOUTH GUARANTEE PROGRAMME

A strength of SIT is our student-centric focus, which is ĞdžƉƌĞƐƐĞĚ ŝŶ ŽƵƌ ĨŽƌĞŵŽƐƚ ŝŶƐƟƚƵƟŽŶĂů ŐŽĂů ͞dŽ ƉƌŽǀŝĚĞ ĨŽƌ͕ ĂŶĚ ĞŶĐŽƵƌĂŐĞ͕ ƐƚƵĚĞŶƚ ƉĂƌƟĐŝƉĂƟŽŶ ĂŶĚ ĂĐŚŝĞǀĞŵĞŶƚ ŝŶ Ă ƌĂŶŐĞ ŽĨ ƋƵĂůŝƚLJ ůĞĂƌŶŝŶŐ ŽƉƉŽƌƚƵŶŝƟĞƐ ĂŶĚ ƐĞƌǀŝĐĞƐ͘͟

dŚĞ zŽƵƚŚ 'ƵĂƌĂŶƚĞĞ WƌŽŐƌĂŵŵĞ ŝƐ ĚĞƐŝŐŶĞĚ ƚŽ ŚĞůƉ LJŽƵƚŚ ĂŐĞĚ ϭϲͲϭϵ LJĞĂƌƐ ƚƌĂŶƐŝƟŽŶ ĨƌŽŵ ƐĞĐŽŶĚĂƌLJ ƐĐŚŽŽů ŝŶƚŽ ƚĞƌƟĂƌLJ study and to support our youth through their chosen academic pathway.

KƵƌ ƐƚƵĚĞŶƚƐ ĂƌĞ ƉŽƐŝƟŽŶĞĚ Ăƚ ƚŚĞ ĐĞŶƚƌĞ ŽĨ ƚŚĞ ŝŶƐƟƚƵƚĞ ǁŝƚŚ ƐƚĂī͕ ĨĂĐƵůƟĞƐ͕ ƐĞƌǀŝĐĞ ƐĞĐƟŽŶƐ ĂŶĚ ƐLJƐƚĞŵƐ ĨŽĐƵƐĞĚ ŽŶ students gaining access to appropriate programmes of study, and on the support needed to assist them to achieve success ĂƐ ƚŚĞLJ ƉƌŽŐƌĞƐƐ ƚŚƌŽƵŐŚ ƚŽ ƋƵĂůŝĮĐĂƟŽŶ ĐŽŵƉůĞƟŽŶ ĂŶĚ employment/further study outcomes.

SIT has four Youth Guarantee Coordinators, two in Invercargill, one in Christchurch and one at the Queenstown campus. Our zŽƵƚŚ 'ƵĂƌĂŶƚĞĞ ŽŽƌĚŝŶĂƚŽƌƐ ŽīĞƌ ĐŽŶĮĚĞŶƟĂů ƉĂƐƚŽƌĂů ĐĂƌĞ ƚŽ ĞĂĐŚ ƐƚƵĚĞŶƚ ĂŶĚ ŚĂǀĞ ƌĞŐƵůĂƌ ŽŶĞ ŽŶ ŽŶĞ ŵĞĞƟŶŐƐ ǁŝƚŚ the students where they set study goals together to ensure students are succeeding academically and personally to their highest ability.

dŚĞ ƐƚƵĚĞŶƚ ƐĞƌǀŝĐĞƐ ƐƚĂī ƉƌŽǀŝĚĞ ĐŽŵƉƌĞŚĞŶƐŝǀĞ ĂĐĂĚĞŵŝĐ and pastoral support for students as they progress through their studies. Services include: >ŝĂŝƐŽŶ KĸĐĞƌƐ Learning Support Coordinator and Tutors Literacy and Numeracy Coordinator WĞĞƌ dƵƚŽƌŝŶŐ ^ĐŚĞŵĞ

zŽƵƚŚ 'ƵĂƌĂŶƚĞĞ ƐƚĂī ǁŽƌŬ ǁŝƚŚ Ăůů ƐƚĂī Ăƚ ^/d ŝŶĐůƵĚŝŶŐ͗ ƚƵƚŽƌƐ͕ ŵĂŶĂŐĞŵĞŶƚ͕ ƐƵƉƉŽƌƚ ƐƚĂī ĂŶĚ ƚŚĞ ǁŝĚĞƌ ĐŽŵŵƵŶŝƚLJ to ensure the success of our Youth Guarantee students. Other ďĞŶĞĮƚƐ ĨŽƌ ƐƚƵĚĞŶƚƐ ŝŶĐůƵĚĞ ŶŽ ĨĞĞƐ͕ ƚƌĂǀĞů ĂƐƐŝƐƚĂŶĐĞ ĂŶĚ ĨƌĞĞ lunch events which are held throughout the year where guest speakers are invited to talk to the students about personal development and achievement.

Health Nurses

^ƵĐĐĞƐƐ ĨŽƌ ŽƵƌ z' ƐƚƵĚĞŶƚƐ ĐĂŶ ďĞ ŵĞĂƐƵƌĞĚ ŝŶ ŵĂŶLJ ĚŝīĞƌĞŶƚ ǁĂLJƐ ĂŶĚ ŝƐ ƵŶŝƋƵĞ ƚŽ ƚŚĞ ŝŶĚŝǀŝĚƵĂů ʹ ĨŽƌ ŵŽƐƚ ƐƚƵĚĞŶƚƐ ŝƚ ŝƐ ĐŽŵƉůĞƟŽŶ ŽĨ ƚŚĞ ĐŽƵƌƐĞ͕ ƐƵĐĐĞƐƐĨƵůůLJ ƉĂƐƐŝŶŐ ĂŶĚ ŵŽǀŝŶŐ ŽŶƚŽ ĞŵƉůŽLJŵĞŶƚ ĂŶĚͬŽƌ ĂƉƉƌĞŶƟĐĞƐŚŝƉƐ͘ &Žƌ ŽƚŚĞƌƐ ŝƚ ĐĂŶ ďĞ ƐŵĂůůĞƌ ƐƚĞƉƐ ƐƵĐŚ ĂƐ ĂĐƟǀĞůLJ ƉĂƌƟĐŝƉĂƟŶŐ ŝŶ ĐůĂƐƐ ƌŽŽŵ ĂĐƟǀŝƟĞƐ Žƌ Ă ĐŚĂŶŐĞ ŝŶ ĂƫƚƵĚĞ ƚŽǁĂƌĚƐ ůĞĂƌŶŝŶŐ ĂŶĚ ůŽŽŬŝŶŐ ƚŽ ƚŚĞ ĨƵƚƵƌĞ͘ /Ĩ Ă ƐƚƵĚĞŶƚ ŚĂƐ ŵĂĚĞ Ă ƉŽƐŝƟǀĞ ĐŚĂŶŐĞ ŝŶƚŽ their learning and lifestyle we see this as a success.

Counsellor

Youth Guarantee Student Numbers 2017

Tauria Tautoko DĈŽƌŝ ĂŶĚ WĂƐŝĮŬĂ >ŝĂŝƐŽŶ KĸĐĞƌƐ Youth Guarantee Coordinators ŵƉůŽLJŵĞŶƚ ĂŶĚ ĐƟǀŝƟĞƐ KĸĐĞƌ

ŝƐĂďŝůŝƚLJ >ŝĂŝƐŽŶ KĸĐĞƌ

Campus

Numbers

>ŝďƌĂƌLJ DĂŶĂŐĞƌ ĂŶĚ ^ƚĂī

Invercargill

87*

55

Queenstown

23

23

Christchurch

3

TOTAL

113

The student services group is located together and work ĐŽůůĞĐƟǀĞůLJ ĂƐ Ă ƚĞĂŵ ƚŽ ƐƵƉƉŽƌƚ ůĞĂƌŶĞƌƐ ƚŽ ďĞ ƌĞƚĂŝŶĞĚ ŝŶ ƚŚĞŝƌ ƉƌŽŐƌĂŵŵĞƐ͕ ĂĐŚŝĞǀĞ ƋƵĂůŝĮĐĂƟŽŶƐ͕ ĂŶĚ ƉƌŽŐƌĞƐƐ ƚŽ further study or employment.

&d^Ύ

2 80

Ύ;ϭϴ ^ƚƵĚĞŶƚƐ ǁĞƌĞ ĐĂƌƌLJ ŽǀĞƌ ƐƚƵĚĞŶƚƐ ĨƌŽŵ ϮϬϭϲ ĐŽƵƌƐĞƐͿ ;ϮϬ DŝĚͲLJĞĂƌ ƐƚƵĚĞŶƚƐ ǁŝůů ďĞ ƌĞƐƵůƚĞĚ ŝŶ ϮϬϭϴͿ

,ŝŐŚůŝŐŚƚƐ͗ ^/d ǁĂƌĚ ĞƌĞŵŽŶLJ ª DĂƩŚĞǁ ŽůŐĞƌ

High achiever who progressed to an ƉƉƌĞŶƟĐĞƐŚŝƉ dƌĂŝŶŝŶŐ ŐƌĞĞŵĞŶƚ ĞƌƟĮĐĂƚĞ ŝŶ ŽŶƐƚƌƵĐƟŽŶ 'ƌŽƵƉ ϭ

ª :ŽƌĚĂŶ tĂůůŝƐ

DŽƐƚ /ŵƉƌŽǀĞĚ ^ƚƵĚĞŶƚ ʹ :ŽŝŶĞƌLJ WƌĞͲƚƌĂĚĞ

ª KůŝǀĞƌ WƌŽƵĚŵĂŶ

dŽƉ ^ƚƵĚĞŶƚ ʹ ĂƌƉĞŶƚƌLJ WƌĞͲ Trade Group 3 High achiever who ƉƌŽŐƌĞƐƐĞĚ ƚŽ ĂŶ ƉƉƌĞŶƟĐĞƐŚŝƉ Training Agreement ĞƌƟĮĐĂƚĞ ŝŶ ŽŶƐƚƌƵĐƟŽŶ

ª ^ĞƌĂĮŵ dĂƉĂƌŬŽƵ

DŽƐƚ /ŵƉƌŽǀĞĚ ^ƚƵĚĞŶƚ ʹ ůĞĐƚƌŝĐĂů WƌĞ ƚƌĂĚĞ

^ŽƵƚŚůĂŶĚ ,Ăŝƌ ƌĞƐƐŝŶŐ ŽŵƉĞƟƟŽŶƐ ª ,ŽůůLJ ĂĚĞ

^ŽƵƚŚůĂŶĚ EĞdžƚ 'ĞŶĞƌĂƟŽŶ Hairdresser of the year 2017

27


28

ANNUAL REPORT 2017

STUDENT SUPPORT

DISABILITY LIAISON SERVICES In 2017, 471 students declared disability on ĞŶƌŽůŵĞŶƚ͕ ĂŶĚ ŽĨ ƚŚĞƐĞ ϭϵϵ͕ ;ϰϮйͿ͕ ĂĐĐĞƐƐĞĚ ƚŚĞ Disability Liaison Services.

^ƚƵĚĞŶƚ ĐŚŝĞǀĞŵĞŶƚ 89% of students who declared a disability were retained in their course. 74% of students who declared a disability successfully completed their course.

SELF- BELIEF LEADS TO SUCCESS FOR STUDENT WITH DISABILITY Having originally studied Nursing and worked in the profession for a number of years, Douglas decided to re-focus and tap ŝŶƚŽ ŚŝƐ ĂƌƟƐƟĐ ƐŝĚĞ͘ ^ŝŐŶŝŶŐ ƵƉ ĨŽƌ Ă ĨŽƵŶĚĂƟŽŶ Ăƌƚ ĂŶĚ ĐƌĂŌ ĐŽƵƌƐĞ Ăƚ ^/d ǁĂƐ Ă ŬŝĐŬ ƐƚĂƌƚ ƚŽ ŽƵŐůĂƐ ƌĞͲĐŽŵŵŝƫŶŐ ƚŽ ƐƚƵĚLJ ĨƵůůͲƟŵĞ ŝŶ ƚŚĞ ĂĐŚĞůŽƌ ŽĨ sŝƐƵĂů ƌƚƐ ĚĞŐƌĞĞ͘ Douglas has no formal diagnosis of reading disability, ŚŽǁĞǀĞƌ ŚĞ ƐƚƌƵŐŐůĞƐ ǁŝƚŚ ƐŽŵĞƟŵĞƐ ƚƌŝƉƉŝŶŐ ŽǀĞƌ ƐŝŵƉůĞ ǁŽƌĚƐ͕ ǁŚŝĐŚ ƌĞƐƵůƚƐ ŝŶ ƚŚĞ ĐŽŶƚĞdžƚ ŽĨ ƚĞdžƚ ďĞŝŶŐ ĐŽŶĨƵƐĞĚ͘ Recognising that he needed some assistance in this area as the Bachelor of Visual Arts degree contains a strong academic ĂƐƉĞĐƚ͕ ŚĞ ĐŽŶƚĂĐƚĞĚ ^/d͛Ɛ ŝƐĂďŝůŝƚLJ >ŝĂŝƐŽŶ KĸĐĞƌ ǁŚŽ organised reader/writer assistance which helped to support him throughout his study journey. Ŷ ŝŶƋƵŝƐŝƟǀĞ ƐƚƵĚĞŶƚ͕ ŽƵŐůĂƐ ŚĂƐ ŶŽƚ ůĞƚ ƐƚƌƵŐŐůĞƐ ǁŝƚŚ ƌĞĂĚŝŶŐ ƐƚŽƉ Śŝŵ ĨƌŽŵ ǁĂŶƟŶŐ ƚŽ ĂďƐŽƌď ĂƐ ŵƵĐŚ ŝŶĨŽƌŵĂƟŽŶ as possible and he maintained a B+ average throughout his ĮƌƐƚ LJĞĂƌ ŽĨ ƐƚƵĚLJ͕ ŝŶĐƌĞĂƐŝŶŐ ƚŚŝƐ ƚŽ ĂŶ Ͳ ĂǀĞƌĂŐĞ ƚŚƌŽƵŐŚŽƵƚ the second year.

38 students who accessed the Disability Liaison ^ĞƌǀŝĐĞ ǁĞƌĞ ĞƌƟĮĐĂƚĞ ŐƌĂĚƵĂƚĞƐ͘ 11 students who accessed Disability Liaison Service were Diploma or Bachelor degree graduates. 4 students who accessed Disability Liaison Service received an award at the 2017 SIT Annual Award Ceremony.

^ƚƵĚĞŶƚ &ĞĞĚďĂĐŬ ϮϬ ƐƚƵĚĞŶƚƐ ǁŚŽ ƌĞĐĞŝǀĞĚ ƐƵƉƉŽƌƚ ;ϭϬйͿ ƌĞƐƉŽŶĚĞĚ to the Disability Liaison service survey. ZĞƐƉŽŶĚĞŶƚƐ ŝĚĞŶƟĮĞĚ ƚƵƚŽƌƐ ĂŶĚ ĚƌŽƉƉŝŶŐ ŝŶ ĂƐ ƚŚĞ ŵŽƐƚ ĐŽŵŵŽŶ ƐŽƵƌĐĞƐ ŽĨ ŝŶĨŽƌŵĂƟŽŶ ĂďŽƵƚ ƚŚĞ Service. 50% of students seen by Disability Liaison Service self referred. 43% of students seen by Disability Liaison Service were referred by tutors. 85% of respondents stated the Disability Liaison ^ĞƌǀŝĐĞ ĞŶĂďůĞĚ ƚŚĞŵ ƚŽ ĐŽŶƟŶƵĞ ŝŶ ƚŚĞŝƌ ĐŽƵƌƐĞ͘ 80% of respondents stated the Disability Liaison ^ĞƌǀŝĐĞ ĞŶĂďůĞĚ ƚŚĞŵ ƚŽ ďĞƩĞƌ ŵĞĞƚ ƚŚĞŝƌ ĞĚƵĐĂƟŽŶĂů ŐŽĂůƐ͘

Throughout his studies, he enjoyed an internship at the ^ŽƵƚŚůĂŶĚ DƵƐĞƵŵ͕ ĞŶƚĞƌĞĚ ůŽĐĂů ĐŽŵƉĞƟƟŽŶƐ ĂŶĚ ǁĂƐ involved with various art ventures. One of Douglas’ main aims in undertaking the Bachelor of Visual Arts was not only to ŝŵƉƌŽǀĞ ĂƌƟƐƟĐĂůůLJ͕ ďƵƚ ĂůƐŽ ĂĐĂĚĞŵŝĐĂůůLJ͘ ,ŝƐ ƐƚƵĚŝĞƐ ǁŝƚŚ ^/d have given him a self-belief he was previously lacking, and he now knows that if he studies hard he can achieve his goals.

^ƚƵĚĞŶƚ ^ƵƉƉŽƌƚ

Douglas is most proud of the fact that he now feels he has Ă ǀĂůŝĚ ĂĐĂĚĞŵŝĐ ŽƉŝŶŝŽŶ ƚŚĂƚ ŚĞ ĐĂŶ ĂƌƟĐƵůĂƚĞ ĐůĞĂƌůLJ͘ ,ŝƐ ƐĐƵůƉƚƵƌĞ ŝŶƐƚĂůůĂƟŽŶ ĂůůŽǁĞĚ Śŝŵ ƚŽ ĞdžƉƌĞƐƐ ŚŝŵƐĞůĨ ǀŝƐƵĂůůLJ ĂŶĚ ŐĂǀĞ Śŝŵ Ă ŵĞĚŝƵŵ ƚŽ ĞdžƉƌĞƐƐ ŚŝŵƐĞůĨ͕ ƐŽŵĞƚŚŝŶŐ ŚĞ ŽŌĞŶ ĮŶĚƐ ĚŝĸĐƵůƚ͘ ,ŝƐ ũŽƵƌŶĞLJ ǁŝƚŚ ^/d ŚĂƐ ƌĞƐƵůƚĞĚ ŝŶ ƚŚĞ feeling of being much more comfortable being himself, and ďĞŝŶŐ ĚŝīĞƌĞŶƚ͘

35 items of equipment were loaned to enable student learning

Douglas’ eventual goal is to use both his nursing background, ƉĞŽƉůĞ ƐŬŝůůƐ ĂŶĚ Ăƌƚ ĞdžƉĞƌƟƐĞ ƚŽ ďĞ ĂŶ Ăƌƚ ĞĚƵĐĂƚŽƌ ĂŶĚ ŵĞŶƚŽƌ͘ ,ŝƐ ƐƚƌƵŐŐůĞƐ ĂŶĚ ĞdžƉĞƌŝĞŶĐĞ ǁŝůů ŚŽůĚ Śŝŵ ŝŶ ŐŽŽĚ stead to support people on their individual journeys.

ϲϯ ƐƚƵĚĞŶƚƐ ƐĐƌĞĞŶĞĚ ƉŽƐŝƟǀĞ ĨŽƌ /ƌůĞŶ ^LJŶĚƌŽŵĞ ĂŶĚ were provided with appropriate remedial resources/ ĂůƚĞƌŶĂƟǀĞ ĨŽƌŵĂƚƐ͘ 15 students accessed parking permits for on-campus mobility related issues

ϭϰϵϭ͘ϳϱ ƐƚĂī ƐƵƉƉŽƌƚ ŚŽƵƌƐ ǁĞƌĞ ĚĞůŝǀĞƌĞĚ ƚŽ support 41 students. ϭϬϯ ƐƚĂī ĂƩĞŶĚĞĚ ƚƌĂŝŶŝŶŐ ƐĞƐƐŝŽŶƐ ŽīĞƌĞĚ ďLJ Disability Liaison Service.


ANNUAL REPORT 2017

STUDENT SUPPORT

EMPLOYMENT SUPPORT dŚĞ ĨŽůůŽǁŝŶŐ ĞŵƉůŽLJŵĞŶƚ ĂĐƟǀŝƟĞƐ ǁĞƌĞ ƵŶĚĞƌƚĂŬĞŶ throughout the year: ŵƉůŽLJŵĞŶƚ ĐƟǀŝƟĞƐ

2016

2017

CV and ŵƉůŽLJŵĞŶƚ Advice

Ϯϵϰ ;ŝŶĐůƵĚĞƐ ϱϱ ĚŽŵĞƐƟĐ ĂŶĚ Ϯϯϵ ŝŶƚĞƌŶĂƟŽŶĂůͿ

ϯϮϯ ;ŝŶĐůƵĚĞƐ ϱϵ ĚŽŵĞƐƟĐ ĂŶĚ Ϯϲϰ ŝŶƚĞƌŶĂƟŽŶĂůͿ

Students into employment

ϭϮϴ ;ŝŶĐůƵĚĞƐ ϰϴ ĚŽŵĞƐƟĐ ĂŶĚ ϴϬ ŝŶƚĞƌŶĂƟŽŶĂů students.

ϭϯϬ ;ŝŶĐůƵĚĞƐ ϰϯ ĚŽŵĞƐƟĐ ĂŶĚ ϴϭ ŝŶƚĞƌŶĂƟŽŶĂů ƐƚƵĚĞŶƚƐͿ

Students played in a wide range of sports in 2017 including:

Note: includes 33 students who ƉĂƌƟĐŝƉĂƚĞĚ ŝŶ ƚŚĞ sĞůǀĞƚ >ĞĂĨ ƉƌŽũĞĐƚͿ ŵƉůŽLJŵĞŶƚ workshops for ŝŶƚĞƌŶĂƟŽŶĂů students

SOCIAL SPORTS PROMOTE INTERACTION AND INCLUSION

11 workshops 350 + students and ƐƉŽƵƐĞƐ ;ĂƉƉƌŽdž͘Ϳ

ĂĚŵŝŶƚŽŶ͕ ĂƐŬĞƚďĂůů͕ EĞƚďĂůů͕ ŽĚŐĞďĂůů͕ sŽůůĞLJďĂůů͕ &ŽŽƚďĂůů͕ Indoor Cricket, Yoga, Hockey and Cricket

,ŝŐŚůŝŐŚƚƐ ª /ŶƚĞƌĂĐƟŽŶ ĂŶĚ ŝŶĐůƵƐŝŽŶ ĂŵŽŶŐƐƚ ƐƚƵĚĞŶƚƐ ŽĨ ǀĂƌLJŝŶŐ ďĂĐŬŐƌŽƵŶĚƐ͕ ĞƚŚŶŝĐŝƚLJ͕ ĞdžƉĞƌŝĞŶĐĞ ĂŶĚ ƐŬŝůů ůĞǀĞůƐ͘ ª WŽƐŝƟǀĞ ƌĞƉƌĞƐĞŶƚĂƟŽŶ ŽĨ ^/d ǁŝƚŚ ƐƚƵĚĞŶƚƐ ƉůĂLJŝŶŐ ǁŝƚŚ sportsmanship and professionalism. ª SIT Indoor cricket team winning the 2017 Thursday ͲŐƌĂĚĞ ŽŵƉĞƟƟŽŶ͘

12 workshops 300 + students and ƐƉŽƵƐĞƐ ;ĂƉƉƌŽdž͘Ϳ

As in previous years a successful Speed Networking event ǁĂƐ ŚĞůĚ ŝŶ ĐŽŶũƵŶĐƟŽŶ ǁŝƚŚ ƚŚĞ ^ŽƵƚŚůĂŶĚ ŚĂŵďĞƌ ŽĨ Commerce. This involved eight local businesses and 30 ƐƚƵĚĞŶƚƐ ĨƌŽŵ WŽƐƚŐƌĂĚƵĂƚĞ ĂŶĚ DĂƐƚĞƌƐ ƉƌŽŐƌĂŵŵĞƐ͕ ĂŶĚ ůĞĂĚ ƚŽ ũŽď ŽīĞƌƐ ĨƌŽŵ ůŽĐĂů ĞŵƉůŽLJĞƌƐ͕ ĂƐ ǁĞůů ĂƐ ŝŶƚĞƌŶƐŚŝƉƐ ĂŶĚ ŽīĞƌƐ ŽĨ ǁŽƌŬ ĞdžƉĞƌŝĞŶĐĞ͘ dŚĞ ĨĞĞĚďĂĐŬ ĨƌŽŵ ďŽƚŚ ĞŵƉůŽLJĞƌƐ ĂŶĚ ƐƚƵĚĞŶƚƐ ǁĂƐ ƉŽƐŝƟǀĞ͕ ĂŶĚ ŚĂƐ ĐŽŶƐŽůŝĚĂƚĞĚ ĂŶĚ ĞƐƚĂďůŝƐŚĞĚ ǁŝĚĞƌ ŶĞƚǁŽƌŬƐ ǁŝƚŚ ůŽĐĂů ŽƌŐĂŶŝƐĂƟŽŶƐ ĨŽƌ our students. ^/d ĞŵƉůŽLJŵĞŶƚ ƐƚĂī ŚĂǀĞ ĐŽŶƟŶƵĞĚ ĞdžĐĞůůĞŶƚ ƌĞůĂƟŽŶƐŚŝƉƐ with local Southland businesses some of whom have ďĞĐŽŵĞ ƉƌŽĂĐƟǀĞ ĞŵƉůŽLJĞƌƐ ŽĨ ŽƵƌ ŝŶƚĞƌŶĂƟŽŶĂů ĂŶĚ ĚŽŵĞƐƟĐ ŐƌĂĚƵĂƚĞƐ͘ ^ƚĂī ŚĂǀĞ ĂůƐŽ ǁŽƌŬĞĚ ĐůŽƐĞůLJ ǁŝƚŚ ůŽĐĂů recruitment agencies to ensure SIT is a regular point of contact for casual on call workers. KĨ ƐƉĞĐŝĂů ŶŽƚĞ ƚŚŝƐ LJĞĂƌ ŚĂƐ ďĞĞŶ ƚŚĞ ƉůĂĐĞŵĞŶƚ ŽĨ ĮǀĞ trade graduates at a Southland coal mine. This included two ĂƉƉƌĞŶƟĐĞƐŚŝƉƐ ŝŶ ĞŶŐŝŶĞĞƌŝŶŐ ŚĞĂǀLJ ƚƌĂĚĞƐ͕ ŽŶĞ ĞŶŐŝŶĞĞƌŝŶŐ ĂƉƉƌĞŶƟĐĞƐŚŝƉ͕ ĂŶĚ ƚǁŽ ŚĞĂǀLJ ŵĂĐŚŝŶĞƌLJ ŽƉĞƌĂƚŽƌƐ͘

EQUAL EMPLOYMENT OPPORTUNITIES (EEO) SIT has provided individual reports on the following: ª Youth Guarantee students: refer page 27 ª ^ƚƵĚĞŶƚƐ ǁŝƚŚ ŝƐĂďŝůŝƟĞƐ͗ ƌĞĨĞƌ ƉĂŐĞ Ϯϴ ª Maori students: refer pages 30-33 ª /ŶƚĞƌŶĂƟŽŶĂů ƐƚƵĚĞŶƚƐ͗ ƌĞĨĞƌ ƉĂŐĞƐ ϯϰͲϯϴ ª ^ƚĂī dƌĂŝŶŝŶŐ ĂŶĚ ĞǀĞůŽƉŵĞŶƚ͗ ƌĞĨĞƌ ƉĂŐĞƐ ϰϴ

ª 213 students involved in social sports for SIT in 2017 with ƚŚŝƐ ŶƵŵďĞƌ ďĞŝŶŐ ŵĂĚĞ ƵƉ ŽĨ ϭϭϴ ĚŽŵĞƐƟĐ ƐƚƵĚĞŶƚƐ ĂŶĚ ϵϱ ŝŶƚĞƌŶĂƟŽŶĂů ƐƚƵĚĞŶƚƐ͘ KĨ ƚŚĞ Ϯϭϯ ƐƚƵĚĞŶƚƐ͕ ϭϬϴ ǁĞƌĞ female and 105 were male. ª dŚĞ ƚŽƚĂů ŶƵŵďĞƌ ĨŽƌ ƉĂƌƟĐŝƉĂƟŽŶ ĂĐƌŽƐƐ Ăůů ƐƉŽƌƚƐ ĨŽƌ ƚŚĞ LJĞĂƌ ǁĂƐ Ϯϱϲ ƌĞƉƌĞƐĞŶƟŶŐ ƵƉ ƚŽ ϰϯ ƐƚƵĚĞŶƚƐ ǁŚŽ ƉĂƌƟĐŝƉĂƚĞĚ ŝŶ ŵŽƌĞ ƚŚĂŶ ŽŶĞ ƐƉŽƌƚ͘ Throughout 2017, the Student Services Team hosted a number of free lunches and morning teas for students on a monthly basis as well as on important dates including Anzac ĂLJ͕ DĂƚĂƌŝŬŝ͕ zŽƵƚŚ tĞĞŬ͕ ĂīŽĚŝů ĂLJ ĂŶĚ ŵŽƌĞ͘ KƚŚĞƌ ĂĐƟǀŝƟĞƐ ƚŚĂƚ ƚŽŽŬ ƉůĂĐĞ͕ ƐƵĐŚ ĂƐ ĂŶ ĂƐƚĞƌ ŐŐ ŚƵŶƚ ĂĐƌŽƐƐ both Invercargill campuses, were popular amongst students. dŚĞ ĨƌĞĞ ŚŝƌĞ ŽĨ ƐƉŽƌƚƐ ĞƋƵŝƉŵĞŶƚ ŚĂƐ ďĞĞŶ ƵƟůŝƐĞĚ ďLJ ŵĂŶLJ students throughout the year for their own personal use and ƚŚĞ ĞƋƵŝƉŵĞŶƚ ĂǀĂŝůĂďůĞ ŝŶ ƚŚĞ ƐƚƵĚĞŶƚ ůŽƵŶŐĞ ŚĂƐ ĐŽŶƟŶƵĞĚ to prove very popular amongst students on a daily basis.

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ANNUAL REPORT 2017

MAORI STUDENTS AND PARTNERSHIPS


ANNUAL REPORT 2017

2017 SIT TOHU MANAKURA MAORI (MAORI LEADERSHIP AWARD) dŚĞ ^/d dŽŚƵ DĂŶĂŬƵƌĂ DĈŽƌŝ ;DĈŽƌŝ >ĞĂĚĞƌƐŚŝƉ ǁĂƌĚͿ ǁĂƐ ĂǁĂƌĚĞĚ ƚŽ ^ƉŽƌƚ ĂŶĚ džĞƌĐŝƐĞ ƐƚƵĚĞŶƚ <ĂƌŝŶĂ ĂǀŝƐͲ DĂƌƐĚĞŶ in 2017. <ĂƌŝŶĂ ǁĂƐ ƌĞĐŽŐŶŝƐĞĚ ĨŽƌ ŚĞƌ ĂĐĂĚĞŵŝĐ ĂĐŚŝĞǀĞŵĞŶƚ͕ ƉƌĂĐƟĐĂů ƐŬŝůůƐ͕ ƉĂƌƟĐŝƉĂƟŽŶ ĂŶĚ ĞŶŐĂŐĞŵĞŶƚ ŝŶ ůĞĂƌŶŝŶŐ͕ ĂƐ ǁĞůů ĂƐ ŚĞƌ ĂďŝůŝƚLJ ƚŽ ƐƵƉƉŽƌƚ ĂŶĚ ůĞĂĚ ŽƚŚĞƌƐ͘ <ĂƌŝŶĂ͛Ɛ ŶŽŵŝŶĂƟŽŶ ĐŽŶĮƌŵĞĚ ƚŚĂƚ ƐŚĞ ŚĂƐ Ă ƉĂƐƐŝŽŶ ĨŽƌ ƚŚĞ DĈŽƌŝ ĐŽŵŵƵŶŝƚLJ and has been a leader in her class and in the community, as ǁĞůů ĂƐ ďĞŝŶŐ Ă ƉŝůůĂƌ ŽĨ ƐƵƉƉŽƌƚ ĨŽƌ ďŽƚŚ DĈŽƌŝ ĂŶĚ ŶŽŶͲ DĈŽƌŝ students. dŚĞ ĂǁĂƌĚ ƌĞĐŽŐŶŝƐĞƐ ƚŚĞ ĂĐŚŝĞǀĞŵĞŶƚƐ ŽĨ DĈŽƌŝ ƐƚƵĚĞŶƚƐ who display:

MAORI STUDENTS AND PARTNERSHIPS

TAUIRA TAUTOKO SUPPORTS MAORI STUDENTS ^/d͛Ɛ dĂƵŝƌĂ dĂƵƚŽŬŽ ŝƐ Ă ƐƵƉƉŽƌƚ ĐĞŶƚƌĞ ĨŽƌ DĈŽƌŝ ƚĂƵŝƌĂ͕ ĂƐ ǁĞůů ĂƐ ĨŽƌ ƐƚƵĚĞŶƚƐ ŽĨ Ăůů ĞƚŚŶŝĐŝƟĞƐ͕ ůŽĐĂƚĞĚ Ăƚ dĞ WĂŬŝĂŬĂ ŽŶ ƚŚĞ &ŽƌƚŚ ^ƚƌĞĞƚ ĂƌĞĂ ŽĨ ƚŚĞ ^/d ĐĂŵƉƵƐ͘ dĂƵŝƌĂ dĂƵƚŽŬŽ ŝƐ managed by its long standing partner, Nga Kete Matauranga WŽƵŶĂŵƵ ŚĂƌŝƚĂďůĞ dƌƵƐƚ ƚŽ ĞŶƐƵƌĞ ƐƚƌŽŶŐ ƉĂƐƚŽƌĂů ĂŶĚ ƉĂŶͲ ŝǁŝ ƐƵƉƉŽƌƚ ĨŽƌ DĈŽƌŝ ƚĂƵŝƌĂ͘ dĂƵŝƌĂ dĂƵƚŽŬŽ ƐƵƉƉŽƌƚƐ DĈŽƌŝ ƚĂƵŝƌĂ ƚŚƌŽƵŐŚ ƚŚĞ ƉƌŽǀŝƐŝŽŶ ŽĨ ĨĂĐŝůŝƟĞƐ͕ ƌĞƐŽƵƌĐĞƐ͕ ƐƚĂĸŶŐ͕ ƐƵƉƉŽƌƚ ĂŶĚ ĐƵůƚƵƌĂů ƐĞƌǀŝĐĞƐ ŝŶ Ă ƐĂĨĞ͕ ĞŶĐŽƵƌĂŐŝŶŐ ĞŶǀŝƌŽŶŵĞŶƚ ƚĂƌŐĞƚĞĚ ƚŽ ŝŵƉƌŽǀĞ DĈŽƌŝ achievement. The following services are provided: ª ^ƵƉƉŽƌƟǀĞ ĂƌĞĂƐ ĨŽƌ ƐƚƵĚLJ ª Computer suite access ª Study groups and access to academic support

ª tŚĂŶĂƵŶŐĂƚĂŶŐĂ Ͳ ĐŽŶŶĞĐƟŶŐ ĂŶĚ ŝĚĞŶƟĨLJŝŶŐ ǁŝƚŚ ǁŚĈŶĂƵ ŚĂƉƵ ĂŶĚ ŝǁŝ͕

ª ƵůƚƵƌĂů ĂĚǀŝĐĞ ĂŶĚ ĂĐƟǀŝƟĞƐ ʹ ŬĂƵŵĂƚƵĂ ƐƵƉƉŽƌƚ͕ ǁĞĞŬůLJ waiata sessions, access to elders, kapa haka, waka toi, DĂƚĂƌŝŬŝ ĐĞůĞďƌĂƟŽŶƐ͕ dĞ ZĞŽ DĈŽƌŝ tĞĞŬ

ª ŬŽ - taking responsibility for their own learning by ƐĞĞŬŝŶŐ ƐƵƉƉŽƌƚ͕ ǁŽƌŬŝŶŐ ĐŽŽƉĞƌĂƟǀĞůLJ ǁŝƚŚ ŽƚŚĞƌƐ ĂŶĚ ƐƵƉƉŽƌƟŶŐ ŽƚŚĞƌƐ ŝŶ ƚŚĞŝƌ ůĞĂƌŶŝŶŐ͕

ª ĐĐĞƐƐ ĂŶĚ ĐŽŶŶĞĐƟŽŶ ƚŽ ůŽĐĂů /ǁŝ ͬDĂƌĂĞ ĂŶĚ ĐƵůƚƵƌĂů events

ª dĂŶŐĂƚĂ ǁŚĞŶƵĂƚĂŶŐĂ - acknowledging Te Reo, Tikanga, Kawa and Ture as part of learning,

ª ^ƚƵĚĞŶƚ ƐƵƉƉŽƌƚ ĨĂĐŝůŝƟĞƐ ʹ ĐŽŽŬŝŶŐ ƐƵƉƉŽƌƚ͕ ƐŚĂƌĞĚ ůƵŶĐŚĞƐ͕ ĐƵůƚƵƌĂů ĨŽŽĚ ĞdžĐŚĂŶŐĞƐ ª Regular community guest speakers

ª DĂŶĂĂŬŝƚĂŶŐĂ Ͳ ĚĞŵŽŶƐƚƌĂƟŶŐ ƌĞƐƉĞĐƚ ƚŽǁĂƌĚƐ ŽƚŚĞƌƐ through hospitality, kindness integrity and generosity.

ª ĐĐĞƐƐ ƚŽ :ƵƐƟĐĞ ŽĨ ƚŚĞ WĞĂĐĞ

dŚĞ dŽŚƵ DĂŶĂŬƵƌĂ DĈŽƌŝ ǁĂƌĚ ŝŶĐůƵĚĞƐ Ă ƚƌŽƉŚLJ ĂŶĚ korowai which was blessed at the SIT Council by SIT and Ngai dĂŚƵ <ĂƵŵĂƚƵĂ DŝĐŚĂĞů ^ŬĞƌƌĞƩ Y^D͘

ª /ŶĨŽƌŵĂƟŽŶ ŽŶ ŚĞĂůƚŚ ĂŶĚ ƐŽĐŝĂů ƐĞƌǀŝĐĞƐ ĂǀĂŝůĂďůĞ ŝŶ ƚŚĞ community

^/d ĂŶĚ EŐĂŝ dĂŚƵ <ĂƵŵĂƚƵĂ DŝĐŚĂĞů ^ŬĞƌƌĞƩ ;>ĞŌͿ ƉƌĞƐĞŶƚƐ <ĂƌŝŶĂ ĂǀŝƐ DĂƌƐĚĞŶ ǁŝƚŚ ƚŚĞ ^/d dŽŚƵ DĂŶĂŬƵƌĂ DĈŽƌŝ ǁĂƌĚ

ª WŚŽŶĞ ŚŽŵĞ ƐĞƌǀŝĐĞ

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PARTNERSHIP WITH TE WANANGA O AOTEAROA (TWOA) SIT’s longstanding strategic partnership with TWoA was ĞƐƚĂďůŝƐŚĞĚ ƚŽ ĞŶƐƵƌĞ ƚŚĂƚ ƚŚĞ ĚĞůŝǀĞƌLJ ŽĨ DĈŽƌŝ ƉƌŽŐƌĂŵŵĞƐ at SIT is relevant and culturally appropriate, and to enable ƐƚĂŝƌĐĂƐŝŶŐ ŽƉƉŽƌƚƵŶŝƟĞƐ ĨŽƌ DĈŽƌŝ ƐƚƵĚĞŶƚƐ ƚŽ ƉƌŽŐƌĞƐƐ to higher levels of training. TWoA delivers the following programmes at SIT campuses: ª ĞƌƟĮĐĂƚĞ ŝŶ dĞ ƌĂ ZĞŽ DĈŽƌŝ ª ĞƌƟĮĐĂƚĞ ŝŶ ĚǀĂŶĐĞĚ dĞ ƌĂ ZĞŽ DĈŽƌŝ

ANNUAL REPORT 2017

TE AWA RAU MAORI MENTORING PROGRAMME /Ŷ ϮϬϭϳ͕ Ă ŶĞǁ DĈŽƌŝ ŵĞŶƚŽƌŝŶŐ ƉƌŽŐƌĂŵŵĞ ǁĂƐ ĚĞǀĞůŽƉĞĚ and commenced in Semester Two. This has been promulgated ƚŽ ƐƵƉƉŽƌƚ ƚŚĞ ŶĞĞĚƐ ŽĨ DĈŽƌŝ ƚĂƵŝƌĂ͘ ^ĞŶŝŽƌ DĈŽƌŝ ƐƚƵĚĞŶƚƐ ǁĞƌĞ ůŝŶŬĞĚ ǁŝƚŚ ŽƚŚĞƌ DĈŽƌŝ ƐƚƵĚĞŶƚƐ ŝŶ Ă ƚƵĂŬĂŶĂͲƚĞŝŶĂ ƌĞůĂƟŽŶƐŚŝƉ͘ dŚĞ Ăŝŵ ŽĨ ƚŚŝƐ ƉƌŽŐƌĂŵŵĞ ŝƐ ƚŽ ŶŽƚ ŽŶůLJ ŵĞĞƚ the academic needs of the students, but also the social and cultural needs of the mentees. This approach draws on current research and is aligned to the pedagogies of Tuakana/Teina ĂŶĚ dĞ tŚĂƌĞ dĂƉĂ tŚĂ͘ DĈŽƌŝ ĐŽŵŵƵŶŝƚLJ ŐƌŽƵƉƐ͕ ƐƵĐŚ ĂƐ ƚŚĞ DĈŽƌŝ tŽŵĞŶ͛Ɛ tĞůĨĂƌĞ >ĞĂŐƵĞ ĂŶĚ ůŽĐĂů ŝǁŝ͕ ĂƌĞ ĂĐƟǀĞůLJ ŝŶǀŽůǀĞĚ ŝŶ ƚŚĞ ĚĞǀĞůŽƉŵĞŶƚ ĂŶĚ ƐƵƉƉŽƌƚ ŽĨ ƚŚŝƐ ŝŶŝƟĂƟǀĞ͘

ª ĞƌƟĮĐĂƚĞ ŝŶ <ĂǁĂŝ ZĂƵƉĂƉĂ ª ĞƌƟĮĐĂƚĞ ŝŶ dĞ <ŽƌĞƌŽ ƌĂƚĂŬŝ DĂŶƵ <ŽƌĞƌŽ ª ĞƌƟĮĐĂƚĞ ŝŶ dŝŬĂŶŐĂ DĈŽƌŝ ª ĞƌƟĮĐĂƚĞ ŝŶ DŽŶĞLJ DĂŶĂŐĞŵĞŶƚ ª ĞƌƟĮĐĂƚĞ ŝŶ ^ŵĂůů ƵƐŝŶĞƐƐ DĂŶĂŐĞŵĞŶƚ ª ĞƌƟĮĐĂƚĞ ŝŶ dĞ WƵƚĂŬĞƚĂŶŐĂ Ž dĞ ZĞŽ ª Diploma in Te Korero Arataki Manu Korero ª Diploma in Te Aupikitanga Ki Te Reo Kairangi ª ŝƉůŽŵĂ ŝŶ dĞ ƌĂ ZĞŽ DĈŽƌŝ ^ŝŶĐĞ ϮϬϭϭ ŽǀĞƌ ϲϬ ^/d ƐƚĂī ŚĂǀĞ ĐŽŵƉůĞƚĞĚ ǀĂƌŝŽƵƐ ƉƌŽŐƌĂŵŵĞƐ ŽīĞƌĞĚ ƚŚƌŽƵŐŚ ƚŚŝƐ ƉĂƌƚŶĞƌƐŚŝƉ͘ dtŽ ĂŶĚ ^/d ĂƌĞ ǁŽƌŬŝŶŐ ĐŽůůĂďŽƌĂƟǀĞůLJ ƚŽ ĚĞǀĞůŽƉ ŶĞǁ programmes for delivery in the southern region according to ƚŚĞ ƌĞƋƵŝƌĞŵĞŶƚƐ ŽĨ ƚŚĞ dĂƌŐĞƚĞĚ ZĞǀŝĞǁ ŽĨ YƵĂůŝĮĐĂƟŽŶƐ ;dZKYͿ͘

TE ARA POUMANU MAORI ADVISORY COMMITTEE dĞ ƌĂ WŽƵŵĂŶƵ DĈŽƌŝ ĚǀŝƐŽƌLJ ŽŵŵŝƩĞĞ ǁĂƐ ĨŽƌŵĞĚ ƚŽ ƐƵƉƉŽƌƚ ĂŶĚ ŐƵŝĚĞ ƚŚĞ ŝŵƉůĞŵĞŶƚĂƟŽŶ ŽĨ ^/d͛Ɛ DĈŽƌŝ dĞƌƟĂƌLJ ĚƵĐĂƟŽŶ ^ƚƌĂƚĞŐLJ͕ ǁŝƚŚ ƚŚĞ ĞŵƉŚĂƐŝƐ ŽŶ DĈŽƌŝ ĂĐŚŝĞǀŝŶŐ ĞĚƵĐĂƟŽŶĂů ƐƵĐĐĞƐƐ ĂƐ DĈŽƌŝ͘ dŚĞ ĚǀŝƐŽƌLJ ŽŵŵŝƩĞĞ ǁĂƐ ĂďůĞ ƚŽ ƐƵƉƉŽƌƚ ƚŚĞ ĚĞǀĞůŽƉŵĞŶƚ ĂŶĚ ŝŵƉůĞŵĞŶƚĂƟŽŶ ŽĨ͗ ª dĞ ƌĂ ZĂƵ DĈŽƌŝ ŵĞŶƚŽƌŝŶŐ ƉƌŽŐƌĂŵŵĞ ǁŚĞƌĞ ƐƚƵĚĞŶƚƐ are supported within their programme of study through a dƵĂŬĂŶĂͲdĞŝŶĂ ƌĞůĂƟŽŶƐŚŝƉ͘ ª DŽŶƚŚůLJ ŚƵŝ ǁŚĞƌĞ DĈŽƌŝ ƚĂƵŝƌĂ ĐŽŵĞ ƚŽŐĞƚŚĞƌ ƚŽ connect, academically and socially, with each other and with the wider community as guest speakers. ª ^/d <ĂƉĂ ,ĂŬĂ͕ ZŽŽƉƵ dĞ WƵĂǁĂŝ͕ ǁŚĞƌĞ ^/d ƐƚƵĚĞŶƚƐ͕ ƐƚĂī ĂŶĚ ǁŚĈŶĂƵ ĐŽŵĞ ƚŽŐĞƚŚĞƌ ĂŶĚ ůĞĂƌŶ͘ ª Hoake, SIT’s Culturally Responsive Teaching and Learning WƌĂĐƟĐĞ ĨŽƌ ƚƵƚŽƌŝĂů ƐƚĂī ŝŶ ƚŚĞ ĨŽƌŵ ŽĨ ƉƌŽĨĞƐƐŝŽŶĂů ĚĞǀĞůŽƉŵĞŶƚ ǁŽƌŬƐŚŽƉƐ͕ ƚĞĂŵ ŵĞĞƟŶŐƐ ĂŶĚ ŽŶĞͲŽŶͲŽŶĞ support.

>ĞŌ ƚŽ ƌŝŐŚƚ͗ dtK ƚƵƚŽƌƐ WŝŚŝƚĂŚŝ ZƵƐƐĞůů͕ ĂƌƌĞŶ WĞĂƌƐŽŶ͕ tŝŶŶŝĞ ^ŽůŽŵŽŶ ĂŶĚ ^ŽŶŶLJ dŽŶŝŚŝ ǁŝƚŚ ĨŽƌŵĞƌ ƚƵƚŽƌ 'ĞŽƌŐĞ WĞĂƌƐŽŶ ;ĐĞŶƚƌĞͿ

dĞ ƌĂ WŽƵŵĂŶƵ DĈŽƌŝ ĚǀŝƐŽƌLJ ŽŵŵŝƩĞĞ ǁŝůů ĐŽŶƟŶƵĞ ƚŽ ƐƵƉƉŽƌƚ DĈŽƌŝ ŝŶŝƟĂƟǀĞƐ͕ ůĞĂĚŝŶŐ ƚŚĞ ǁĂLJ ŝŶ ƐŽƵŶĚ ĞĚƵĐĂƟŽŶĂů ƉƌĂĐƟĐĞ ƚŚĂƚ ďĞŶĞĮƚƐ Ăůů͘


ANNUAL REPORT 2017

SIT MAORI TERTIARY EDUCATION STRATEGY dŚĞ ^/d DĈŽƌŝ dĞƌƟĂƌLJ ĚƵĐĂƟŽŶ ^ƚƌĂƚĞŐLJ ǁŚŝĐŚ ǁĂƐ ĚĞǀĞůŽƉĞĚ ŝŶ ĐŽŶũƵŶĐƟŽŶ ǁŝƚŚ DĂŽƌŝ ƐƚĂŬĞŚŽůĚĞƌƐ ŝŶ ϮϬϭϰͬϮϬϭϱ ŚĂƐ ďĞĞŶ ĂŶ ŝŵƉŽƌƚĂŶƚ ĨĂĐƚŽƌ ŝŶ ^/d͛Ɛ ĂƐƉŝƌĂƟŽŶƐ ƚŽ ŝŵƉƌŽǀĞ ĞĚƵĐĂƟŽŶĂů ŽƵƚĐŽŵĞƐ ĨŽƌ DĈŽƌŝ ƐƚƵĚĞŶƚƐ ƚŽ ĞŶƐƵƌĞ they are well prepared for further study, employment or ƐĞůĨͲĞŵƉůŽLJŵĞŶƚ ƵƉŽŶ ƚŚĞŝƌ ŐƌĂĚƵĂƟŽŶ͘ dŚĞ ƐƚƌĂƚĞŐLJ ƉƌŽǀŝĚĞƐ ^/d ǁŝƚŚ ƚŚĞ ŽƉƉŽƌƚƵŶŝƚLJ ƚŽ ďƵŝůĚ ŽŶ ƚŚĞ ƐƵĐĐĞƐƐ ŽĨ ĞdžŝƐƟŶŐ ƐƚƌĂƚĞŐŝĞƐ͕ ǁŚŝůĞ ŝŶƚĞŐƌĂƟŶŐ ŶĞǁ ŝĚĞĂƐ ĂŶĚ ƉƌĂĐƟĐĞƐ ƚŽ ƉƌŽǀŝĚĞ Ă ĚŝƌĞĐƟŽŶ ĨŽƌ ^/d ŝŶ ƚŚĞ ĨƵƚƵƌĞ͘ KŶĞ ŽĨ ƚŚĞ ƉƌĂĐƟĐĞƐ ĨŽƌ ƐƵƉƉŽƌƟŶŐ DĈŽƌŝ ůĞĂƌŶĞƌƐ ƚŚĂƚ ŚĂƐ ďĞĞŶ ĂĚŽƉƚĞĚ ďLJ ŵĂŶLJ ƐƚĂī ŝƐ ͞,ŽĂŬĞ ʹ ^/d͛Ɛ ƵůƚƵƌĂůůLJ ZĞƐƉŽŶƐŝǀĞ ^ĞůĨʹZĞǀŝĞǁ͘͟ ,ŽĂŬĞ ŝƐ ĂůŝŐŶĞĚ ƚŽ <Ă ,ŝŬŝƟĂ ʹ ĐĐĞůĞƌĂƟŶŐ ^ƵĐĐĞƐƐ ϮϬϭϯͲϮϬϭϳ ĂŶĚ ŝƐ ƉĂƌƚ ŽĨ ƚŚĞ ŽďƐĞƌǀĂƟŽŶ ƉƌŽĐĞƐƐ ǁŚŝĐŚ ƌĞƋƵŝƌĞƐ ƚƵƚŽƌŝĂů ƐƚĂī ƚŽ ŝĚĞŶƟĨLJ ǁŚĞƌĞ they consider they are placed within a self-review cultural ĐŽŶƟŶƵƵŵ ĂŶĚ ŚŽǁ ƚŚĞLJ ĐĂŶ ŝŵƉƌŽǀĞ͘ dƌĂŝŶŝŶŐ ĂŶĚ ǁŽƌŬƐŚŽƉƐ for Hoake are undertaken as part of SIT’s professional development training. The key aspects of the self review are: ª ŬŽ ʹ ƌĞĐŝƉƌŽĐĂů ƚĞĂĐŚŝŶŐ ĂŶĚ ůĞĂƌŶŝŶŐ ª tŚĂŶĂƵŶŐĂƚĂŶŐĂ ʹ ƌĞůĂƟŽŶƐŚŝƉƐ ǁŝƚŚ ŝǁŝ͕ ŚĂƉƻ ĂŶĚ ǁŚĈŶĂƵ ª dĂŶŐĂƚĂ ǁŚĞŶƵĂƚĂŶŐĂ ʹ ĂƵƚŚĞŶƟĐ͕ ĐŽŶƚĞdžƚƵĂůŝƐĞĚ͕ meaningful learning ª DĂŶĂĂŬŝƚĂŶŐĂ ʹ ĐĂƌŝŶŐ ĨŽƌ ůĞĂƌŶĞƌƐ ĂƐ ĐƵůƚƵƌĂůůLJ ůŽĐĂƚĞĚ beings ª tĈŶĂŶŐĂ ʹ ĐŽŵŵƵŶŝĐĂƟŽŶ͕ ƉƌŽďůĞŵͲƐŽůǀŝŶŐ ŝŶŶŽǀĂƟŽŶ ^/d ƉƌŽĨĞƐƐŝŽŶĂů ĚĞǀĞůŽƉŵĞŶƚ ƉŽůŝĐŝĞƐ ƉƌŽǀŝĚĞ ƐƚĂī ǁŝƚŚ ŵĂŶLJ ŽƚŚĞƌ ŽƉƉŽƌƚƵŶŝƟĞƐ ƚŽ ĂƩĞŶĚ ĞdžƚĞƌŶĂů ƐĞŵŝŶĂƌƐ͕ ǁŽƌŬƐŚŽƉƐ͕ and conferences to upgrade their cultural skills and ŬŶŽǁůĞĚŐĞ͕ ŝŶ ĂĚĚŝƟŽŶ ƚŽ ƚŚĞ ŽƉƉŽƌƚƵŶŝƟĞƐ ƉƌŽǀŝĚĞĚ ŝŶͲŚŽƵƐĞ ďLJ ƚŚĞ ĐĂĚĞŵŝĐ ^ƵƉƉŽƌƚ hŶŝƚ ; ^hͿ͘

MAORI STUDENTS AND PARTNERSHIPS

33


34

ANNUAL REPORT 2017

INTERNATIONAL STUDENTS AND PARTNERS


INTERNATIONAL STUDENTS AND PARTNERS

ANNUAL REPORT 2017

SIT’S COMMITMENT TO INTERNATIONAL EDUCATION ^/d ŚĂƐ ĚĞǀĞůŽƉĞĚ ƐƚƌŽŶŐ ĐŽŶŶĞĐƟŽŶƐ ǁŝƚŚ ĚƵĐĂƟŽŶ EĞǁ ĞĂůĂŶĚ ĂŶĚ ŽƚŚĞƌ ƐƚƌĂƚĞŐŝĐ ƉĂƌƚŶĞƌƐ ƚŽ ŝŵƉůĞŵĞŶƚ ŽƵƌ ŝŶƚĞƌŶĂƟŽŶĂů ƐƚƌĂƚĞŐLJ͘ ^/d ŝƐ ĐŽŵŵŝƩĞĚ ƚŽ ĐŽŶƟŶƵŝŶŐ ŝƚƐ ǁŽƌŬ ƚŽ ŝŶƚĞƌŶĂƟŽŶĂůŝƐĞ ŽƵƌ ĐĂŵƉƵƐĞƐ͕ ƉƌŽǀŝĚĞ Ă ƌĂŶŐĞ ŽĨ ŚŝŐŚ ƋƵĂůŝƚLJ ƉƌŽŐƌĂŵŵĞƐ ĨŽƌ ŝŶƚĞƌŶĂƟŽŶĂů ƐƚƵĚĞŶƚƐ in New Zealand and overseas, develop overseas partnerships, and ƉƌŽǀŝĚĞ ĞĐŽŶŽŵŝĐ͕ ĐƵůƚƵƌĂů ĂŶĚ ƐŽĐŝĂů ďĞŶĞĮƚƐ ĨŽƌ ŽƵƌ ŝŶƐƟƚƵƟŽŶ ĂŶĚ ĨŽƌ the Southland province. ^/d͛Ɛ ŝŶƚĞƌŶĂƟŽŶĂů ƐƚƌĂƚĞŐLJ ŝƐ ĂůŝŐŶĞĚ ƚŽ ƚŚĞ EĞǁ ĞĂůĂŶĚ 'ŽǀĞƌŶŵĞŶƚ͛Ɛ ŵĂŝŶ ƉƌŝŽƌŝƟĞƐ ĂŶĚ ƚŚĞ ŐŽĂůƐ ŽĨ ƚŚĞ 'ŽǀĞƌŶŵĞŶƚ͛Ɛ ƵƐŝŶĞƐƐ 'ƌŽǁƚŚ ŐĞŶĚĂ ƚŽ ďƵŝůĚ ĞdžƉŽƌƚ ŵĂƌŬĞƚƐ͕ ĐŽŶƚƌŝďƵƚĞ ƚŽ ŝŶŶŽǀĂƟŽŶ͕ ĂŶĚ ďƵŝůĚ sustained economic growth through a skilled and responsive labour market. Our strategy is also closely aligned to the goals of the Southland ZĞŐŝŽŶĂů ĞǀĞůŽƉŵĞŶƚ ^ƚƌĂƚĞŐLJ ;^ŽZ ^Ϳ ǁŚŝĐŚ ŚĂƐ ŝĚĞŶƟĮĞĚ ƚǁŽ ŵĂŝŶ ŐŽĂůƐ͕ ĮƌƐƚůLJ ƚŽ ĂƩƌĂĐƚ ŵŽƌĞ ƉĞŽƉůĞ ƚŽ ^ŽƵƚŚůĂŶĚ ĂŶĚ ƐĞĐŽŶĚůLJ ƚŽ ŐƌŽǁ ĂŶĚ ĚŝǀĞƌƐŝĨLJ ƚŚĞ ĞĐŽŶŽŵLJ͘ ^/d͛Ɛ ŐƌŽǁƚŚ ŝŶ ŝƚƐ ŝŶƚĞƌŶĂƟŽŶĂů ƐƚƵĚĞŶƚ ƉŽƉƵůĂƟŽŶ ŚĂƐ ďĞĞŶ ƐƚƌŽŶŐůLJ ƐƵƉƉŽƌƚĞĚ ďLJ ^ŽZ ^ ĂŶĚ ŽƵƌ ůŽĐĂů ŝŶĚƵƐƚƌŝĞƐ ĂŶĚ ĐŽŵŵƵŶŝƟĞƐ ǁŚŽ ƐĞĞ ƚŚĞ ŶĞĞĚ ĨŽƌ ƐŬŝůůĞĚ ǁŽƌŬĞƌƐ͕ ƉŽƉƵůĂƟŽŶ ŐƌŽǁƚŚ͕ ĞŶŚĂŶĐĞĚ ƚŽƵƌŝƐŵ ŽƉƉŽƌƚƵŶŝƟĞƐ͕ ĂŶĚ ĞdžƉŽƐŝŶŐ ďŽƚŚ students and local businesses to the global market.

/ŶƚĞƌŶĂƟŽŶĂů ^ƚƵĚĞŶƚ EƵŵďĞƌƐ ϮϬϭϳ Campus

Numbers

Invercargill

1,123

819

Queenstown

&d^Ύ

318

146

Auckland

46

33

Christchurch

74

7

Gore TOTAL

18

1

1,579

1,005

ΎEŽƚĞ ƚŚĂƚ ƚŚĞ ϮϬϭϳ &d ǀĂůƵĞ ŽĨ ϭ͕ϬϬϱ ŝƐ ĂŶ ĂĚũƵƐƚĞĚ ĮŐƵƌĞ ƚŽ ĂĐĐŽŵŵŽĚĂƚĞ ƚŚĞ ŶŐůŝƐŚ ůĂŶŐƵĂŐĞ ƉƌŽŐƌĂŵŵĞ ĐŚĂŶŐŝŶŐ ƚŽ ĂŶ E Y ĂƉƉƌŽǀĞĚ dƌĂŝŶŝŶŐ ^ĐŚĞŵĞ ďƌŝŶŐŝŶŐ ƚŚĞ &d^ ǀĂůƵĞ ĨƌŽŵ Ϭ͘ϱ &d ƉĞƌ Ϯϲ ǁĞĞŬƐ ;ĂƐ ĐĂůĐƵůĂƚĞĚ ŝŶ ϮϬϭϲ ĂŶĚ ƉƌĞǀŝŽƵƐůLJͿ ƚŽ Ϭ͘ϯ &d ƉĞƌ Ϯϲ ǁĞĞŬƐ͘ tŝƚŚŽƵƚ ƚŚĞ ĂĚũƵƐƚŵĞŶƚ ƚŚĞ &d ĂĐŚŝĞǀĞŵĞŶƚ ĨŽƌ ϮϬϭϳ ĂƐ Ăƚ ϭϬ EŽǀ ϮϬϭϳ ǁĂƐ ϵϮϴ &d^͘

/ŶƚĞƌŶĂƟŽŶĂů ^ƚƵĚĞŶƚ WĞƌĐĞŶƚĂŐĞ ŚĂŶŐĞƐ ϮϬϭϰ Ͳ ϮϬϭϳ 2014- 2015

26%

2015- 2016

30%

2016 - 2017

-7%

dŚĞ ƌĞĂƐŽŶƐ ĨŽƌ ƚŚĞ ĚĞĐƌĞĂƐĞ ŝŶ ŶƵŵďĞƌƐ ǁĞƌĞ ǀĂƌŝĞĚ͘ &ŝƌƐƚůLJ ƚŚĞ ĐŚĂŶŐĞ ƚŽ Ă dƌĂŝŶŝŶŐ ^ĐŚĞŵĞ ;ĂƐ ĚĞƚĂŝůĞĚ ĂďŽǀĞͿ͕ ƐĞĐŽŶĚůLJ ƚŚĞ ŝŶĐƌĞĂƐĞĚ ŵĂŶĂŐĞŵĞŶƚ ďLJ ^/d ŽĨ ĂŐĞŶƚƐ ĨƌŽŵ /ŶĚŝĂ͕ ƌĞƐƵůƟŶŐ ŝŶ ŝŶĐƌĞĂƐĞ ŝŶ ĚĞĐůŝŶĞĚ ǀŝƐĂ ĂƉƉůŝĐĂƟŽŶƐ͕ ƚŚŝƌĚůLJ ƚŚĞ ĐŚĂŶŐĞƐ ŝŶ E Y ZƵůĞ ϭϴ ŶŐůŝƐŚ ĞŶƚƌLJ ĐƌŝƚĞƌŝĂ ǁŚŝĐŚ ŝŵƉĂĐƚĞĚ ŽŶ ĂƉƉůŝĐĂƟŽŶƐ͕ ĂŶĚ ĨŽƵƌƚŚůLJ ƚŚĞ ĐŚĂŶŐĞ of New Zealand Government in October which resulted in agents from ĐĞƌƚĂŝŶ ĐŽƵŶƚƌŝĞƐ ƌĞĚƵĐŝŶŐ ƚŚĞŝƌ ƉƌŽŵŽƟŽŶ ŽĨ EĞǁ ĞĂůĂŶĚ ĚƵĞ ƚŽ ŚĞŝŐŚƚĞŶĞĚ ŝŶƐĞĐƵƌŝƟĞƐ ĂďŽƵƚ ƉŽůŝĐŝĞƐ ĂīĞĐƟŶŐ ŝŶƚĞƌŶĂƟŽŶĂů ƐƚƵĚĞŶƚƐ͘

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INTERNATIONAL STUDENTS AND PARTNERS

ANNUAL REPORT 2017

INTERNATIONAL PARTNERS

SOUTHERN EDUCATION ALLIANCE

SIT has developed a wide range of partnerships with ŝŶƐƟƚƵƟŽŶƐ ĨƌŽŵ Ăůů ĂƌŽƵŶĚ ƚŚĞ ǁŽƌůĚ ƚŽ ƐŚĂƌĞ ƉƌŽŐƌĂŵŵĞƐ͕ ƚĞĂĐŚŝŶŐ ŵĞƚŚŽĚŽůŽŐŝĞƐ͕ ŝĚĞĂƐ ĂŶĚ ĞdžƉĞƌŝĞŶĐĞƐ͘ ^ŽŵĞ ŽĨ ƚŚĞ ĂĐƟǀŝƟĞƐ ƵŶĚĞƌƚĂŬĞŶ ǁŝƚŚ ŽƵƌ ŝŶƚĞƌŶĂƟŽŶĂů ƉĂƌƚŶĞƌƐ ŝŶ ϮϬϭϳ include:

/Ŷ ϮϬϭϳ ƚŚĞ ^ŽƵƚŚĞƌŶ ĚƵĐĂƟŽŶ ůůŝĂŶĐĞ ;^ Ϳ͕ Ă ƉĂƌƚŶĞƌƐŚŝƉ arrangement between SIT, Venture Southland and a range of Southland secondary and primary schools, commenced ƚŚĞ ŝŵƉůĞŵĞŶƚĂƟŽŶ ŽĨ ƚŚĞ ^ ͛Ɛ ŝŶƚĞƌŶĂƟŽŶĂů ƐƚƌĂƚĞŐLJ͘ The strategy had been developed the previous year with ĨƵŶĚŝŶŐ ŐƌĂŶƚĞĚ ďLJ ĚƵĐĂƟŽŶ EĞǁ ĞĂůĂŶĚ ; E Ϳ ƚŽ ƐƵƉƉŽƌƚ ŝƚƐ ŝŵƉůĞŵĞŶƚĂƟŽŶ͘ dŚƌĞĞ ŝŵƉŽƌƚĂŶƚ ƉŽŝŶƚƐ ǁĞƌĞ ŝĚĞŶƟĮĞĚ ďLJ E ĂƐ ĨŽĐƵƐ ĂƌĞĂƐ͗ ŐƌŽǁƚŚ ŝŶ ŝŶƚĞƌŶĂƟŽŶĂů ƐƚƵĚĞŶƚ numbers across Southland; alignment with the government ŝŶƚĞƌŶĂƟŽŶĂů ƐƚƵĚĞŶƚ ƐƚƌĂƚĞŐLJ͖ ĂŶĚ ĞŶĐŽƵƌĂŐŝŶŐ Ă ŚŽůŝƐƟĐ ǀŝĞǁ ŽĨ ƚŚĞ ĂĚĚŝƟŽŶĂů ďĞŶĞĮƚƐ ŶŽƚ ŽŶůLJ ĨŽƌ ŝŶƚĞƌŶĂƟŽŶĂů ƐƚƵĚĞŶƚƐ ďƵƚ ĂůƐŽ ĨŽƌ ĚŽŵĞƐƟĐ ƐƚƵĚĞŶƚƐ͘

1. ^/d ŚŽƐƚĞĚ ,ƵďĞŝ hŶŝǀĞƌƐŝƚLJ ŽĨ ĚƵĐĂƟŽŶ ;,h Ϳ ƐĞŶŝŽƌ management team in Invercargill, to strengthen the ƌĞůĂƟŽŶƐŚŝƉ ďĞƚǁĞĞŶ ƚŚĞ ƌĞƐƉĞĐƟǀĞ ŝŶĨŽƌŵĂƟŽŶ ƚĞĐŚŶŽůŽŐLJ ĚĞƉĂƌƚŵĞŶƚƐ͘ /Ŷ ϮϬϭϳ͕ ,h ĐŽŵŵĞŶĐĞĚ ŽīĞƌŝŶŐ ^/d͛Ɛ ĂĐŚĞůŽƌ ŽĨ /ŶĨŽƌŵĂƟŽŶ dĞĐŚŶŽůŽŐLJ ; /dͿ ŝŶ ŝƚƐ ĞŶƟƌĞƚLJ ŝŶ ŚŝŶĂ͘ dŚĞ ƐƚƵĚĞŶƚƐ ĞŶƌŽůůĞĚ ĨŽƌ ƚŚĞ ƉƌŽŐƌĂŵŵĞ ;ŽǀĞƌ ϱϬ ĨŽƌ ƚŚĞ ĮƌƐƚ ŝŶƚĂŬĞͿ ĐŽŵŵĞŶĐĞĚ ƚŚĞŝƌ ƐƚƵĚŝĞƐ ǁŝƚŚ ŶŐůŝƐŚ ůĂŶŐƵĂŐĞ ƚƌĂŝŶŝŶŐ͘ 2. ,h ĂĐĂĚĞŵŝĐ ƐƚĂī ĞdžĐŚĂŶŐĞ ƚŽŽŬ ƉůĂĐĞ ĂŐĂŝŶ ŝŶ :ƵůLJ ϮϬϭϳ over a period of 5 weeks 3. ĐĂĚĞŵŝĐ ƐƚĂī ĨƌŽŵ tƵŚĂŶ dĞĐŚŶŝĐĂů ŽůůĞŐĞ ŽĨ ŽŵŵƵŶŝĐĂƟŽŶ ĂƩĞŶĚĞĚ ƚƌĂŝŶŝŶŐ Ăƚ ^/d ŝŶ EĞǁ ĞĂůĂŶĚ tutoring methodologies 4. <ĞLJ ƉĂƌƚŶĞƌƐ ĞƐƚĂďůŝƐŚĞĚ ƉĂƚŚǁĂLJ ŽƉƉŽƌƚƵŶŝƟĞƐ ďĞƚǁĞĞŶ ^/d ĂŶĚ ^dD/< >ŝŬŵŝ ;^ĐŚŽŽů ŽĨ ƵƐŝŶĞƐƐ ĂŶĚ /ŶĨŽƌŵĂƟĐƐͿ Indonesia 5. WĂƌƚŶĞƌƐŚŝƉ ĞƐƚĂďůŝƐŚĞĚ ǁŝƚŚ ZĂLJĂƐŝĂ ,ĞĂůƚŚ ůůŝĂŶĐĞ ;Z, Ϳ ĐĂĚĞŵLJ ŝŶ ^ŝŶŐĂƉŽƌĞ ĂůůŽǁŝŶŐ ŐƌĂĚƵĂƚĞƐ ĨƌŽŵ ƚŚĞ Z, 'ƌĂĚƵĂƚĞ ŝƉůŽŵĂ ŝŶ 'ĞƌŽŶƚŽůŽŐLJ ;DĞŶƚĂů ,ĞĂůƚŚͿ to pathway to SIT’s newly established Master of Applied ,ĞĂůƚŚ ^ĐŝĞŶĐĞƐ ;tĞůůŶĞƐƐ ĂŶĚ ZĞŚĂďŝůŝƚĂƟŽŶͿ ĂŶĚ ŝƚƐ ĂƐƐŽĐŝĂƚĞĚ ƉŽƐƚŐƌĂĚƵĂƚĞ ĐĞƌƟĮĐĂƚĞ ĂŶĚ ĚŝƉůŽŵĂ͘ 6. ^/d ŚŽƐƚĞĚ ƚŚĞ DĞdžŝĐĂŶ ŵďĂƐƐĂĚŽƌ ĨŽƌ EĞǁ ĞĂůĂŶĚ Ăƚ SIT’s campus in Queenstown 7. ^/d ŚŽƐƚĞĚ ƌĞƉƌĞƐĞŶƚĂƟǀĞƐ ĨƌŽŵ DĂĐƌŽŵĞĚŝĂ hŶŝǀĞƌƐŝƚLJ of Applied Sciences, Germany and an agreement for study abroad programmes. 8. ŐƌĞĞŵĞŶƚ ǁŝƚŚ ^ŽƵƚŚǀŝůůĞ /ŶƚĞƌŶĂƟŽŶĂů ^ĐŚŽŽů ĂĸůŝĂƚĞĚ ǁŝƚŚ &ŽƌĞŝŐŶ hŶŝǀĞƌƐŝƟĞƐ ;^/^&hͿ ŝŶ ƚŚĞ WŚŝůŝƉƉŝŶĞƐ ƚŽ ƉĂƚŚǁĂLJ ƚŚĞŝƌ ,ŝŐŚĞƌ EĂƟŽŶĂů ŝƉůŽŵĂ ŐƌĂĚƵĂƚĞƐ ŝŶƚŽ ŽƵƌ Bachelor of Hotel Management degree. 9. ŐƌĞĞŵĞŶƚƐ ĨŽƌ ĞĚƵĐĂƟŽŶĂů ƚŽƵƌƐ ĂŶĚ ƉĂƚŚǁĂLJƐ ĨƌŽŵ ŝŶƐƟƚƵƚĞƐ ŝŶ ŚŝŶĂ͗ a. ^ƵƋŝĂŶ ŽůůĞŐĞ ʹ ƚƵƚŽƌ ƐŚŽƌƚ ĐŽƵƌƐĞƐ b. tƵŚĂŶ dĞĐŚŶŝĐĂů ŽůůĞŐĞ ŽĨ ŽŵŵƵŶŝĐĂƟŽŶ ;td Ϳ ʹ tutor training short courses c. ŚĞŶŐĚƵ ŐƌŝĐƵůƚƵƌĂů ŽůůĞŐĞ ʹ ^ƚƵĚĞŶƚ ĂŶĚ ƚƵƚŽƌ training short courses d. tƵŚĂŶ WŽůLJƚĞĐŚŶŝĐ ʹ ^ƚƵĚĞŶƚ ƉĂƚŚǁĂLJ ŝŶ ƚŽ ŽƵƌ ĂĐŚĞůŽƌ ŽĨ &ĂƐŚŝŽŶ ; ĞƐŝŐŶ ĂŶĚ dĞĐŚŶŽůŽŐLJͿ e. ^ŝĐŚƵĂŶ dĞĐŚŶŝĐĂů ŽůůĞŐĞ ŽĨ ŽŵŵƵŶŝĐĂƟŽŶƐ ʹ ^ƚƵĚĞŶƚ ƉĂƚŚǁĂLJ ŝŶ ƚŽ ŽƵƌ ĂĐŚĞůŽƌ ŽĨ ,ŽƚĞů Management.

dŚĞ ^ ĂŶĚ ƚŚĞ ĂƐƐŽĐŝĂƚĞĚ ͞^ƚƵĚLJ ^ŽƵƚŚůĂŶĚ͟ ďƌĂŶĚ ĨŽĐƵƐĞƐ ŽŶ ƚŚĞ ƉƌŽŵŽƟŽŶ ŽĨ ^ŽƵƚŚůĂŶĚ ĂƐ Ă ƋƵĂůŝƚLJ ĞĚƵĐĂƟŽŶĂů ĚĞƐƟŶĂƟŽŶ ƚŽ ĞĚƵĐĂƟŽŶ ĂŐĞŶƚƐ͕ ƉĂƌĞŶƚƐ ĂŶĚ ƐƚƵĚĞŶƚƐ͘ KŶĞ ŽĨ ƚŚĞ ŬĞLJ ŵĂƌŬĞƟŶŐ ĐŚĂŶŶĞůƐ ŝƐ ǀŝĂ ƚŚĞ ^ŽƵƚŚůĂŶĚE ͘ĐŽŵ ǁĞďƐŝƚĞ ĂŶĚ ŝƚƐ &ĂĐĞŬ ƉĂŐĞ͘ Ŷ /ŶƚĞƌŶĂƟŽŶĂů WƌŽƐƉĞĐƚƵƐ ŚĂƐ ďĞĞŶ ĚĞǀĞůŽƉĞĚ͕ ĨĞĂƚƵƌŝŶŐ ŽǀĞƌĂůů ŵĂƌŬĞƟŶŐ ŽĨ ƚŚĞ ^ŽƵƚŚůĂŶĚ ƌĞŐŝŽŶ ĂƐ ǁĞůů ĂƐ ƉƌŽŵŽƟŽŶ ŽĨ ŝŶĚŝǀŝĚƵĂů ƐĐŚŽŽůƐ ĂŶĚ ^/d͘ dŚĞ ^ /ŶƚĞƌŶĂƟŽŶĂů ŽŽƌĚŝŶĂƚŽƌ ŚĂƐ ƉůĂŶƐ ŝŶ ƉůĂĐĞ ĨŽƌ ŵĂƌŬĞƟŶŐ ƚƌŝƉƐ ǁŝƚŚ ^/d ĂŶĚ ƐĐŚŽŽů ƌĞƉƌĞƐĞŶƚĂƟǀĞƐ to South America and Asia in 2018, as well as for inbound ŵĂƌŬĞƟŶŐ ƚƌŝƉƐ ƚŽ ^ŽƵƚŚůĂŶĚ ďLJ ƐĐŚŽŽů ƉƌŝŶĐŝƉĂůƐ ĂŶĚ ŝŶƚĞƌŶĂƟŽŶĂů ĂŐĞŶƚƐ͘ ůƚŚŽƵŐŚ ^/d ǁŝůů ĐŽŶƟŶƵĞ ƚŽ ŝŵƉůĞŵĞŶƚ ŝƚƐ ŽǁŶ ŵĂƌŬĞƟŶŐ ƐƚƌĂƚĞŐŝĞƐ ĂŶĚ ƉůĂŶƐ͕ ǁĞ ĂƌĞ ƐƚƌŽŶŐůLJ ƐƵƉƉŽƌƟǀĞ ŽĨ ƚŚĞ ^ ĂŶĚ ŝƚƐ ŐŽĂůƐ ƚŽ ŝŶĐƌĞĂƐĞ ŝŶƚĞƌŶĂƟŽŶĂů student numbers at schools across the Southland region.


ANNUAL REPORT 2017

INTERNATIONAL STUDENTS AND PARTNERS

DELEGATES FROM CHINESE UNIVERSITY STRATEGIC PARTNER VISIT SIT The strategic partnership between SIT and Hubei University ŽĨ ĚƵĐĂƟŽŶ ;,h Ϳ ŝŶ ŚŝŶĂ ǁŚŝĐŚ ŚĂƐ ƉƌŽƐƉĞƌĞĚ ĨŽƌ ĂůŵŽƐƚ Ă ĚĞĐĂĚĞ ůĂŝĚ ƚŚĞ ĨŽƵŶĚĂƟŽŶ ĨŽƌ Ă ǀŝƐŝƚ ĨƌŽŵ ƚŚĞ ƐĞǀĞŶͲƐƚƌŽŶŐ ĚĞůĞŐĂƟŽŶ ŽĨ ,h ƐĞŶŝŽƌ ŵĂŶĂŐĞŵĞŶƚ ŽĸĐŝĂůƐ ƚŽ EĞǁ Zealand in July.

Hengping and Liu Ruguo, as well as the Deans of the College of ŽŵƉƵƟŶŐ͕ zĂŶŐ >ŝ ĂŶĚ ŽůůĞŐĞ ŽĨ ƌƚ͕ ^ŚĂŽ yŝĂŽŵĞŶŐ͘ dŚĞŝƌ ǀŝƐŝƚ ŝŶĐůƵĚĞĚ ĂŶ ŽĸĐŝĂů ƉŽǁŚŝƌŝ ůĞĚ ďLJ ^/d <ĂƵŵĂƚƵĂ DŝĐŚĂĞů ^ŬĞƌƌĞƩ ĂŶĚ ĂƩĞŶĚĞĚ ďLJ ƚŚĞ ^/d ŚŝĞĨ džĞĐƵƟǀĞ WĞŶŶLJ Simmonds as well as the SIT senior management team.

dŚĞ ƉƵƌƉŽƐĞ ŽĨ ƚŚĞ ǀŝƐŝƚ ǁĂƐ ƚŽ ƐƚƌĞŶŐƚŚĞŶ ƚŚĞ ƌĞůĂƟŽŶƐŚŝƉ ďĞƚǁĞĞŶ ^/d ĂŶĚ ,h ͕ ĂŶĚ ƚŽ ĐŽŶƐŝĚĞƌ ŽƚŚĞƌ ĂƌĞĂƐ ĨŽƌ ĚĞǀĞůŽƉŵĞŶƚ ǁŝƚŚŝŶ ƚŚĞŝƌ ƐƵĐĐĞƐƐĨƵů ĐŽŽƉĞƌĂƟǀĞ ĂŐƌĞĞŵĞŶƚ͘

Delegates toured the SIT Invercargill and Queenstown ĐĂŵƉƵƐĞƐ ĂƐ ǁĞůů ĂƐ ŵĞĞƟŶŐ ƚŚĞ ĞƉƵƚLJ ŽŶƐƵů 'ĞŶĞƌĂů͕ Dƌ Gong Chunsen from the Chinese Consulate in Christchurch ĂŶĚ /ŶǀĞƌĐĂƌŐŝůů DĂLJŽƌ dŝŵ ^ŚĂĚďŽůƚ͘ dŚĞ ŵĞĞƟŶŐ ǁŝƚŚ ,ŝƐ tŽƌƐŚŝƉ DĂLJŽƌ dŝŵ ^ŚĂĚďŽůƚ ǁĂƐ ƚŽ ĂĚǀŽĐĂƚĞ ĨŽƌ Ă &ƌŝĞŶĚůLJ ŝƚLJ ƌĞůĂƟŽŶƐŚŝƉ ďĞƚǁĞĞŶ /ŶǀĞƌĐĂƌŐŝůů ĂŶĚ tƵŚĂŶ ĐŝƚLJ ŝŶ ŚŝŶĂ͘

&Žƌ ƚŚĞ ůĂƐƚ ϴ LJĞĂƌƐ ^/d ĂŶĚ ,h ͛Ɛ ũŽŝŶƚ ǀĞŶƚƵƌĞ ĂŐƌĞĞŵĞŶƚ ŚĂƐ ĂůůŽǁĞĚ ƐƚƵĚĞŶƚƐ ĨƌŽŵ ,h ƚŽ ĐŽŵƉůĞƚĞ ĂŶ ŶŐůŝƐŚ ůĂŶŐƵĂŐĞ programme as well as a Diploma in Hotel and Tourism Management in China, and then to travel to New Zealand to complete the Bachelor of Hotel Management at SIT. Almost ϭϰϬ ƐƚƵĚĞŶƚƐ ŚĂǀĞ ĐŽŵƉůĞƚĞĚ ƚŚŝƐ ƉƌŽŐƌĂŵŵĞ ŽīƐŚŽƌĞ ĂŶĚ ^/d ŝƐ ŶŽǁ ůŽŽŬŝŶŐ Ăƚ ƌĞƉůŝĐĂƟŶŐ ƚŚĞ ƉƌŽŐƌĂŵŵĞ ŝŶ ƚŚĞ ĮĞůĚ ŽĨ ŝŶĨŽƌŵĂƟŽŶ ƚĞĐŚŶŽůŽŐLJ ǁŚŝĐŚ ^/d ĚĞůŝǀĞƌƐ ƚŽ DĂƐƚĞƌ͛Ɛ ůĞǀĞů͘ dŚĞ ǀŝƐŝƟŶŐ ĚĞůĞŐĂƚĞƐ ŝŶĐůƵĚĞĚ ,ƵďĞŝ hŶŝǀĞƌƐŝƚLJ ŽĨ ĚƵĐĂƟŽŶ sŝĐĞ WƌĞƐŝĚĞŶƚ ,ƵĂŶŐ ^ŽŶŐ͕ ŝƌĞĐƚŽƌƐ >Ğ ^ĂŶŵŝŶŐ͕ dŝĂŶ

dŚĞ ƐƵĐĐĞƐƐĨƵů ƉĂƌƚŶĞƌƐŚŝƉ ŚĂƐ ŐĞŶĞƌĂƚĞĚ ƚŚƌĞĞͲĨŽůĚ ďĞŶĞĮƚƐ ĨŽƌ ƐƚƵĚĞŶƚƐ ĂŶĚ ƐƚĂī Ăƚ ďŽƚŚ ŝŶƐƟƚƵƚĞƐ͘ dŚĞ ,h ƐƚƵĚĞŶƚƐ ŚĂǀĞ ƚŚĞ ŽƉƉŽƌƚƵŶŝƚLJ ƚŽ ĞdžƉĞƌŝĞŶĐĞ ĂŶ ŝŶƚĞƌŶĂƟŽŶĂů ĞĚƵĐĂƟŽŶ ĂŶĚ ŐĂŝŶ Ă EĞǁ ĞĂůĂŶĚ ĚĞŐƌĞĞ͕ ƚŚĞ ^/d ƐƚƵĚĞŶƚƐ ďĞŶĞĮƚ ƚŚƌŽƵŐŚ ŝŶĐƌĞĂƐĞĚ ůŝŶŬƐ ǁŝƚŚ ŝŶƚĞƌŶĂƟŽŶĂů ƐƚƵĚĞŶƚƐ ĂŶĚ ŝŶƚĞƌŶĂƟŽŶĂů ĐƵůƚƵƌĞƐ͕ ĂŶĚ ďŽƚŚ ,h ĂŶĚ ^/d ƐƚĂī ďĞŶĞĮƚ ƚŚƌŽƵŐŚ ǀĂůƵĂďůĞ ƐƚĂī ĞdžĐŚĂŶŐĞƐ ĂŶĚ ƉƌŽĨĞƐƐŝŽŶĂů ĚĞǀĞůŽƉŵĞŶƚ ŽƉƉŽƌƚƵŶŝƟĞƐ ĂǀĂŝůĂďůĞ Ăƚ ďŽƚŚ ŝŶƐƟƚƵƚĞƐ͘

>ĞŌ ƚŽ ƌŝŐŚƚ͗ yŝĂŽŵĞŶŐ ^ŚĂŽ ; ĞĂŶ͕ ŽůůĞŐĞ ŽĨ ƌƚͿ͕ ZƵŐƵŽ >ŝƵ ; ŝƌĞĐƚŽƌ͕ ^ƚƵĚĞŶƚ tŽƌŬ ĚŵŝŶŝƐƚƌĂƟŽŶͿ͕ ,ĞŶŐƉŝŶŐ dŝĂŶ ; ŝƌĞĐƚŽƌ͕ dĞĂĐŚŝŶŐ ĚŵŝŶŝƐƚƌĂƟŽŶͿ͕ DĂLJŽƌ ŽĨ /ŶǀĞƌĐĂƌŐŝůů ,ŝƐ tŽƌƐŚŝƉ dŝŵ ^ŚĂĚďŽůƚ͕ ^ŽŶŐ ,ƵĂŶŐ ,h sŝĐĞ WƌĞƐŝĚĞŶƚͿ͕ >ŝ zĂŶŐ ; ŽůůĞŐĞ ŽĨ ŽŵƉƵƟŶŐͿ͕ ŚĂŵŝ ďĞLJƐŝŶŐŚĞ ;^/d /ŶƚĞƌŶĂƟŽŶĂů DĂŶĂŐĞƌͿ͕ ^ĂŶŵŝŶŐ >Ğ ; ŝƌĞĐƚŽƌ͕ /ŶƚĞƌŶĂƟŽŶĂů KĸĐĞͿ

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INTERNATIONAL STUDENTS AND PARTNERS

ANNUAL REPORT 2017

International Graduate Profile

International Graduate Profile

MIA WANG

SHANAKA FERNANDO

– BACHELOR OF NURSING

– BACHELOR OF INFORMATION TECHNOLOGY

Having previously completed a Bachelor of Nursing in China, DŝĂ ŝŶŝƟĂůůLJ ƉůĂŶŶĞĚ ƚŽ ƐƉĞŶĚ ŽŶĞ LJĞĂƌ ŝŶ EĞǁ ĞĂůĂŶĚ ŽŶ Ă ǁŽƌŬŝŶŐ ŚŽůŝĚĂLJ ǀŝƐĂ͘ ,ŽǁĞǀĞƌ ŚĞƌ ƟŵĞ ŝŶ EĞǁ ĞĂůĂŶĚ inspired Mia to come back to study and she decided to ƵŶĚĞƌƚĂŬĞ Ă ĂĐŚĞůŽƌ ŽĨ EƵƌƐŝŶŐ ƐŽ ƐŚĞ ĐŽƵůĚ ďĞ ĐŽŶĮĚĞŶƚ ŝŶ EĞǁ ĞĂůĂŶĚ ƉƌĂĐƟĐĞƐ͕ ĂƐ ǁĞůů ĂƐ ƚĂŬŝŶŐ ƚŚĞ ŽƉƉŽƌƚƵŶŝƚLJ ƚŽ ŝŵƉƌŽǀĞ ŚĞƌ ŶŐůŝƐŚ͘ DŝĂ ĐĂŵĞ ƚŽ ^/d ŽŶ ƚŚĞ ƐƵŐŐĞƐƟŽŶ ŽĨ Ă ĨƌŝĞŶĚ͕ ǁŚŽ recommended the Bachelor of Nursing programme. Mia’s ĞdžƉĞƌŝĞŶĐĞ ƐƚƵĚLJŝŶŐ Ăƚ ^/d ǁĂƐ ƋƵŝƚĞ ĚŝīĞƌĞŶƚ ĨƌŽŵ ƐƚƵĚLJŝŶŐ ŝŶ ŚŝŶĂ͘ /Ŷ EĞǁ ĞĂůĂŶĚ͕ Ă ůŽƚ ŵŽƌĞ ƉƌĂĐƟĐĂů ƚƌĂŝŶŝŶŐ ŝƐ ŐŝǀĞŶ and it is more hands on, which she enjoyed. SIT also provided Ă ǀĞƌLJ ƐƵƉƉŽƌƟǀĞ ĞŶǀŝƌŽŶŵĞŶƚ ĨŽƌ ƐƚƵĚLJ͕ ǁŚŝĐŚ ŝŶĐůƵĚĞĚ ŵĞĞƟŶŐƐ ďĞƚǁĞĞŶ ƚŚĞ ŝŶƚĞƌŶĂƟŽŶĂů ƐƚƵĚĞŶƚƐ ĂŶĚ ƚƵƚŽƌƐ ƚŽ discuss progress and consider further support for the students if required. DŝĂ ŝƐ ŶŽǁ ǁŽƌŬŝŶŐ Ăƚ WĞĂĐĞŚĂǀĞŶ sŝůůĂŐĞ ZĞƐƚ ,ŽŵĞ ŝŶ Invercargill. The manager at one of her Bachelor of Nursing ƉůĂĐĞŵĞŶƚƐ ŐĂǀĞ ŚĞƌ Ă ŐůŽǁŝŶŐ ƌĞĐŽŵŵĞŶĚĂƟŽŶ ǁŚŝĐŚ ŚĞůƉĞĚ ŚĞƌ ƚŽ ŐĂŝŶ ƚŚĞ ƉŽƐŝƟŽŶ͘ DŝĂ͛Ɛ ǁŽƌŬ ƌŽƵƟŶĞ ŶŽǁ ŝŶĐůƵĚĞƐ ƚĂŬŝŶŐ ĐĂƌĞ ŽĨ ĞůĚĞƌůLJ ƉĂƟĞŶƚƐ͕ ĐƌĞĂƟŶŐ ŶƵƌƐŝŶŐ ĐĂƌĞ ƉůĂŶƐ͕ informing the care workers how to provide appropriate care to the residents and providing quality life care for end of life ƉĂƟĞŶƚƐ͘ Her future plans include applying for New Zealand residency and at some stage going on to complete postgraduate study.

^ŚĂŶĂŬĂ &ĞƌŶĂŶĚŽ͕ ŽƌŝŐŝŶĂůůLJ ĨƌŽŵ ^ƌŝ >ĂŶŬĂ͕ ŵĂĚĞ ƚŚĞ ŵŽǀĞ to New Zealand to study at SIT and was successful post-study ŝŶ ŐĂŝŶŝŶŐ ĞŵƉůŽLJŵĞŶƚ Ăƚ ƚŚĞ ŝŶƐƟƚƵƚĞ͘ ,ĂǀŝŶŐ ƐƚƵĚŝĞĚ Ă ,ŝŐŚĞƌ EĂƟŽŶĂů ŝƉůŽŵĂ ŝŶ ŽŵƉƵƟŶŐ ĂŶĚ ^LJƐƚĞŵ ĞǀĞůŽƉŵĞŶƚ Ăƚ ƚŚĞ /ŶƚĞƌŶĂƟŽŶĂů ŽůůĞŐĞ ŽĨ ƵƐŝŶĞƐƐ ĂŶĚ dĞĐŚŶŽůŽŐLJ ;/ dͿ ŝŶ ^ƌŝ >ĂŶŬĂ͕ ^ŚĂŶĂŬĂ ĚĞĐŝĚĞĚ to look into studying in New Zealand. With the package SIT ŽīĞƌƐ ŝŶƚĞƌŶĂƟŽŶĂů ƐƚƵĚĞŶƚƐ ĂƉƉĞĂůŝŶŐ ƚŽ ^ŚĂŶĂŬĂ͕ ĂŶĚ ŚŝƐ previous study allowing him to fast-track his progress towards ƚŚĞ ĂĐŚĞůŽƌ ŽĨ /ŶĨŽƌŵĂƟŽŶ dĞĐŚŶŽůŽŐLJ ; /dͿ͕ ŚĞ ŵĂĚĞ ƚŚĞ decision to move to Invercargill. >ŽŽŬŝŶŐ ďĂĐŬ Ăƚ ŚŝƐ ĞdžƉĞƌŝĞŶĐĞ ŽĨ ƚŚĞ /d ƉƌŽŐƌĂŵŵĞ͕ ^ŚĂŶĂŬĂ ĞŶũŽLJĞĚ ŚŝƐ ƟŵĞ ƐƚƵĚLJŝŶŐ ĂŶĚ ƐĂŝĚ ͞dŚĞ ƚƵƚŽƌƐ ĂƌĞ ƌĞĂůůLJ ĨƌŝĞŶĚůLJ ĂŶĚ ƚŚĞLJ ŚĞůƉĞĚ ŵĞ ƚŽ ĮŶŝƐŚ ƐƵĐĐĞƐƐĨƵůůLJ͘ / ůĞĂƌŶĞĚ Ă ůŽƚ ĐŽŵŝŶŐ ŚĞƌĞ͘͟ Learning not just the course work, but how to interact, relate to and work with people here in New Zealand, has been ǀĂůƵĂďůĞ ƚŽ ^ŚĂŶĂŬĂ͘ ͞/ ĞƐƉĞĐŝĂůůLJ ĞŶũŽLJĞĚ ǁŽƌŬŝŶŐ ŽŶ ŽƵƌ ĮŶĂů project which was developing a website for Owaka Museum in the Catlins; my friend and I went to Owaka and stayed there for a couple of days, taking photos and notes to be put on the ǁĞďƐŝƚĞ͘͟ ^ŚĂŶĂŬĂ ĐŽŶĮƌŵĞĚ ƚŚĂƚ ƚŚĞ /d ůĂďƐ ǁĞƌĞ ŚŝŐŚ ƋƵĂůŝƚLJ ĂŶĚ ŚĞ ƐƚĂLJĞĚ ŝŶ ^/d ƐƚƵĚĞŶƚ ĂƉĂƌƚŵĞŶƚ ĂĐĐŽŵŵŽĚĂƟŽŶ͕ ǁŚŝĐŚ ǁĂƐ handy to the campus and a great environment in which to live. ^/d ĂůƐŽ ŽƌŐĂŶŝƐĞĚ ƐĞǀĞƌĂů ǁŽƌŬƐŚŽƉƐ ǁŚĞƌĞ ƌĞƉƌĞƐĞŶƚĂƟǀĞƐ ĐĂŵĞ ĨƌŽŵ ĚŝīĞƌĞŶƚ /d ŝŶĚƵƐƚƌŝĞƐ ĂŶĚ ƚŚĞ ƐƚƵĚĞŶƚƐ ĐŽƵůĚ ƚĂůŬ to them about their companies and types of jobs available in the IT sector.


ANNUAL REPORT 2017

COMMUNITY, INDUSTRY, BUSINESS

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ANNUAL REPORT 2017

COMMUNITY, INDUSTRY, BUSINESS

INDUSTRY ADVISORY COMMITTEES AND CHAIRPERSONS SIT values the strategic advice, feedback and support from industry advisory committee members on qualifications offered by teaching sections within faculties. ĚǀŝƐŽƌLJ ĐŽŵŵŝƩĞĞ ŵĞĞƟŶŐƐ ƉƌŽǀŝĚĞ Ă ĨŽƌƵŵ ĨŽƌ ƐƚƌĂƚĞŐŝĐ ĚŝƐĐƵƐƐŝŽŶƐ ďĞƚǁĞĞŶ ĂĚǀŝƐŽƌLJ ĐŽŵŵŝƩĞĞ ŵĞŵďĞƌƐ͕ ^/d ƚĞĂĐŚŝŶŐ ƐƚĂī ĂŶĚ ŵĂŶĂŐĞŵĞŶƚ ƚŽ ĂƐƐŝƐƚ ƚŚĞ ŝŶƐƟƚƵƚĞ ƚŽ ƉƌŽǀŝĚĞ ĞĚƵĐĂƟŽŶ ĂŶĚ ƚƌĂŝŶŝŶŐ ƚŚĂƚ ŝƐ ĐƵƌƌĞŶƚ͕ ƌĞůĞǀĂŶƚ ĂŶĚ ŽĨ ĂŶ ĂƉƉƌŽƉƌŝĂƚĞ ŝŶĚƵƐƚƌLJ ƐƚĂŶĚĂƌĚ͘ ĚǀŝƐŽƌLJ ĐŽŵŵŝƩĞĞ members assist in assessing labour market requirements,

ŝĚĞŶƟĨLJŝŶŐ ĂŶĚ ĂĚǀŝƐŝŶŐ ŽŶ ƚŚĞ ĞƐƚĂďůŝƐŚŵĞŶƚ ĂŶĚ maintenance of appropriate programmes, and providing ĂƐƐŝƐƚĂŶĐĞ ĂŶĚ ĂĚǀŝĐĞ ŽŶ ǁŽƌŬ ĞdžƉĞƌŝĞŶĐĞ ĂŶĚ ŝŶƚĞƌŶƐŚŝƉƐ ĨŽƌ ƐƚƵĚĞŶƚƐ ƉĂƌƟĐŝƉĂƟŶŐ ŝŶ ƉƌŽŐƌĂŵŵĞƐ ƌĞůĞǀĂŶƚ ƚŽ ƚŚĞŝƌ ĂƌĞĂ ŽĨ ĞdžƉĞƌƟƐĞ͘

FACULTY OF HEALTH, HUMANITIES AND COMPUTING

FACULTY OF NEW MEDIA, ARTS AND BUSINESS

ĚǀŝƐŽƌLJ

ŚĂŝƌƉĞƌƐŽŶ

ŽŵƉĂŶLJ

ŽŵŵŝƩĞĞ

ĚǀŝƐŽƌLJ

ŚĂŝƌƉĞƌƐŽŶ

ŽŵƉĂŶLJ

Hospitality

Hamish Small ; ĐƟŶŐ ŚĂŝƌͿ

SIT

ŽŵŵŝƩĞĞ

ŶǀŝƌŽŶŵĞŶƚĂů Management

Jenny Green

Southland District Council

Visual and Screen Arts

K J Jennings

&ŝůŵ KƚĂŐŽͬ Southland

/ŶĨŽƌŵĂƟŽŶ Technology

/ĂŶ ĚǁĂƌĚƐ

Code Blue

&ĂƐŚŝŽŶ

Hamish Small

SIT

Massage and Natural Therapy

Dave Cheyne

YMCA

Music and Audio WƌŽĚƵĐƟŽŶ

Trevor Daley

Trevor Daley Music works

Mental Health

Donna Young

W d

Business and Hotel Dave Rohan Management

Business Consultant

Nanny

Rose Cardoso

Kidicorp

Nursing

Natasha Cunningham

Rowena Jackson ZĞƟƌĞŵĞŶƚ Village

Business ŽŶƐƵůƚĂƟǀĞ Groups

&ƌĞŶĐŚ Ƶƌƚ WĂƌƚŶĞƌƐ >ĂǁLJĞƌƐ

Social Services

Dawn Lloyd

&ĂŵŝůLJ tŽƌŬƐ

Craig Smith


ANNUAL REPORT 2017

COMMUNITY, INDUSTRY, BUSINESS

SIT2LRN FACULTY

CHRISTCHURCH CAMPUS

ĚǀŝƐŽƌLJ ŽŵŵŝƩĞĞ

ŚĂŝƌƉĞƌƐŽŶ

ŽŵƉĂŶLJ

ĚǀŝƐŽƌLJ ŽŵŵŝƩĞĞ

ŚĂŝƌƉĞƌƐŽŶ

ŽŵƉĂŶLJ

ƌĞĂƟǀĞ DĞĚŝĂ

Teri McClelland

SIT

ƵƚŽŵŽƟǀĞ

WŚŝů ,ĂLJĞƐ

ǀŽŶ ŝƚLJ &ŽƌĚ

Trades and Applied Stephen West Sciences

ŶǀŝƌŽŶŵĞŶƚ Southland

ŽŶƐƚƌƵĐƟŽŶ

Graeme White

Health and ,ƵŵĂŶŝƟĞƐ

DĂƩ ^ŝůůĂƌƐ

Sport Southland

Building Intelligence Aotearoa Ltd

ůĞĐƚƌŝĐĂů

Ray Williams

Business

Teri McClelland

Williams Hickman ůĞĐƚƌŝĐĂů

Hairdressing and Beauty Therapy

Midge Holden

DŝŶŝĮĞƐ

Mental Health Support

&ƌĂŶnjŝƐŬĂ Kerdemelidis

Christchurch District Health Board

ZĞĨƌŝŐĞƌĂƟŽŶ

ZŽĚŐĞƌ tLJĂƩ

ĞĂƫĞ 'ƌŽƵƉ

SIT

FACULTY OF TRADES AND TECHNOLOGY ĚǀŝƐŽƌLJ ŽŵŵŝƩĞĞ

ŚĂŝƌƉĞƌƐŽŶ

ŽŵƉĂŶLJ

Architectural Technology

Craig Hayward

Designbase

ƵƚŽŵŽƟǀĞ

Luke Mason

SIT

Beauty Therapy

&ŝŽŶĂ &ŽƌƌĞƐƚ

SIT

Business ĚŵŝŶŝƐƚƌĂƟŽŶ

Mark Lee

^ĞůĨ ŵƉůŽLJĞĚ

ŽŶƐƚƌƵĐƟŽŶ

Glenys McKenzie

Southern Group Training Trust

ůĞĐƚƌŝĐĂů

Lisa Shaw

SIT

ŶŐŝŶĞĞƌŝŶŐ

Glenys McKenzie

Southern Group Training Trust

Hairdressing

Richelle Holland

Les Sheikh

Industry Centre ŝŶĐůƵĚŝŶŐ E

Andrew Bruce

KWh^

Joinery

Luke Mason

SIT

WůƵŵďŝŶŐ

Rodger Herd

Masterlink

Transport and >ŽŐŝƐƟĐƐ

Luke Mason

SIT

Travel and Tourism

&ŝŽŶĂ &ŽƌƌĞƐƚ

SIT

Veterinary Nursing

Brian Mason

ZĞƟƌĞĚ Veterinarian

^ƉŽƌƚ͕ džĞƌĐŝƐĞ ĂŶĚ DĂƩ ,ŽǁĂƌĚ ZĞĐƌĞĂƟŽŶ

Christchurch City Council

GORE CAMPUS ĚǀŝƐŽƌLJ ŽŵŵŝƩĞĞ

ŚĂŝƌƉĞƌƐŽŶ

ŽŵƉĂŶLJ

Gore Campus

Doug Rodgers

SIT

QUEENSTOWN CAMPUS ĚǀŝƐŽƌLJ ŽŵŵŝƩĞĞ

ŚĂŝƌƉĞƌƐŽŶ

ŽŵƉĂŶLJ

Queenstown Campus

Amanda Knowles

SIT

TE ARA POUNAMU ĚǀŝƐŽƌLJ ŽŵŵŝƩĞĞ

ŚĂŝƌƉĞƌƐŽŶ

ŽŵƉĂŶLJ

dĞ ƌĂ WŽƵŶĂŵƵ

Debbie Ruwhiu

SIT

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COMMUNITY, INDUSTRY, BUSINESS

NURSING STUDENTS’ ‘MYTHBUSTERS’ EXPO INFORMS COMMUNITY

ANNUAL REPORT 2017

INTERNSHIP INITIATIVE PROVES SUCCESSFUL FOR EMPLOYERS, STUDENTS AND GRADUATES Ŷ ŝŶŝƟĂƟǀĞ ƚŽ ĐŽŶŶĞĐƚ ^ŽƵƚŚůĂŶĚ ĞŵƉůŽLJĞƌƐ ǁŝƚŚ ƐŬŝůůĞĚ ŝŶƚĞƌŶĂƟŽŶĂů ƐƚƵĚĞŶƚƐ ĂŶĚ ƚŚĞŝƌ ĨĂŵŝůŝĞƐ ŚĂƐ ƉƌŽǀĞŶ ƐƵĐĐĞƐƐĨƵů ŝŶ ŚĞůƉŝŶŐ ŶĞǁ ǁŽƌŬŝŶŐ ĂŐĞ ƉĞŽƉůĞ ŽďƚĂŝŶ ũŽďƐ ĂŶĚ ƐĞƩůĞ ŝŶ the region. The Work Ready South programme commenced in August ϮϬϭϳ ĂŶĚ ŝƐ Ă ũŽŝŶƚ ŝŶŝƟĂƟǀĞ ďĞƚǁĞĞŶ ^/d ĂŶĚ ^ŽƵƚŚůĂŶĚ Chamber of Commerce. The programme aligns with a key part of the Southland Regional Development Strategy to draw more ŝŶƚĞƌŶĂƟŽŶĂů ƐƚƵĚĞŶƚƐ ƚŽ ƚŚĞ ĂƌĞĂ ĂŶĚ ƚŽ ĨĂĐŝůŝƚĂƚĞ ĐŽŶŶĞĐƟŽŶƐ with the local business community and help address the shortage of working age people in Southland. tŽƌŬ ZĞĂĚLJ ^ŽƵƚŚ ƉƌŽǀŝĚĞƐ ŝŶĨŽƌŵĂƟŽŶ͕ ŐƵŝĚĂŶĐĞ͕ ŵĞŶƚŽƌŝŶŐ and training programmes for achieving employment outcomes, including cultural awareness training and support ĨŽƌ ĞŵƉůŽLJĞƌƐ ƐŽ ƚŚĞŝƌ ŽƌŐĂŶŝƐĂƟŽŶƐ ĂĐĐĞƉƚ ĐƵůƚƵƌĂů ĚŝǀĞƌƐŝƚLJ ŝŶ ƚŚĞŝƌ ǁŽƌŬƉůĂĐĞƐ ĂŶĚ ǁĞůĐŽŵĞ ŝŶƚĞƌŶĂƟŽŶĂů ĞŵƉůŽLJĞĞƐ͘ Students, graduates and spouses have been placed in internships with some gaining employment as a result of their internships, and others in the process of being arranged. ŵƉůŽLJĞƌƐ ĂĐƌŽƐƐ Ă ƌĂŶŐĞ ŽĨ ĮĞůĚƐ ĂŶĚ ĚŝīĞƌĞŶƚ ƐŝnjĞƐ ŽĨ ĐŽŵƉĂŶŝĞƐ͕ ŝŶĐůƵĚŝŶŐ /d͕ ŵĂƌŬĞƟŶŐ͕ ĂŶĚ ŵĂŶƵĨĂĐƚƵƌŝŶŐ ŚĂǀĞ been involved in the programme.

On Thursday 19 October 2017, Bachelor of Nursing Year One ƐƚƵĚĞŶƚƐ ƌĂŶ Ă ,ĞĂůƚŚ džƉŽ ďĂƐĞĚ ŽŶ ƚŚĞ ƚĞůĞǀŝƐŝŽŶ ƐŚŽǁ ͚DLJƚŚďƵƐƚĞƌƐ͛͘ dŚĞ ƉƌĞŵŝƐĞ ŽĨ ƚŚĞ ĞdžƉŽ ǁĂƐ ƚŽ ĞŶĐŽƵƌĂŐĞ Southlanders to be comfortable learning about and discussing ƚŚĞŝƌ ŚĞĂůƚŚ͘ tŝƚŚ ϭϰ ŝŶƚĞƌĂĐƟǀĞ͕ ĞdžĐŝƟŶŐ ŚĞĂůƚŚ ƐƚĂůůƐ ĂǀĂŝůĂďůĞ in SIT’s Hansen Hall, the students were looking to inspire the community to come along and get involved. dŚĞ ĞdžƉŽ ĞŶǀŝƌŽŶŵĞŶƚ ĐƌĞĂƚĞĚ Ă ƐĂĨĞ ƐƉĂĐĞ ƚŽ ƚĂůŬ ĂďŽƵƚ ƚŚĞ grim, the awkward and the uncomfortable, uncovering truths ĂďŽƵƚ ŚĞĂůƚŚ͕ ƉĂƌƟĐƵůĂƌůLJ ŝŶ ĂƌĞĂƐ ŇĂŐŐĞĚ ĂƐ ďĞŝŶŐ ƉƌŽŵŝŶĞŶƚ in Southland. Some of these areas included obesity, cholesterol, skin cancer and bowel cancer and students in ŐƌŽƵƉƐ ŽĨ ĨŽƵƌ ĂůƐŽ ŝŶǀĞƐƟŐĂƚĞĚ ĂŶĚ ĚŝƐƉůĂLJĞĚ ƐƚĂůůƐ ĨŽĐƵƐĞĚ on men’s health, diabetes, wellbeing, sun safety, bacteria and ƉŚLJƐŝĐĂů ĂĐƟǀŝƚLJ͘ dŚĞ Ăŝŵ ŽĨ ƚŚĞ ĞdžƉŽ ǁĂƐ ƚŽ ŝŶĨŽƌŵ ƉĞŽƉůĞ ŽĨ ƚŚĞ ƐĞƌǀŝĐĞƐ available in the community and how to use them, and the ͚DLJƚŚďƵƐƚĞƌƐ͛ ƚŚĞŵĞ ǁĂƐ ĐŚŽƐĞŶ ƚŽ ŚĞůƉ ďƵƐƚ ĂŶLJ ŵLJƚŚƐ people may have about their health due to the rise of some ŵŝƐŝŶĨŽƌŵĂƟŽŶ ĂǀĂŝůĂďůĞ ŽŶůŝŶĞ͘ DŽƌĞ ƚŚĂŶ ϯϬϬ ƉĞŽƉůĞ ǁĞƌĞ ŝŶ ĂƩĞŶĚĂŶĐĞ ŽŶ ƚŚĞ ĚĂLJ ĂŶĚ it was a successful way for students to link their theory and ƉƌĂĐƟĐĞ ĂƐ ƉĂƌƚ ŽĨ ƚŚĞŝƌ ƉƌŝŵĂƌLJ ŚĞĂůƚŚ ĂŶĚ ŚĞĂůƚŚ ƉƌŽŵŽƟŽŶ paper.

Sarah Hannan, programme director at SoRDS, said: ͞dŚŝƐ ŝŶŝƟĂƟǀĞ ŝƐ Ă ĐƌƵĐŝĂů ƉĂƌƚ ŽĨ ƚŚĞ ^ŽƵƚŚůĂŶĚ ZĞŐŝŽŶĂů ĞǀĞůŽƉŵĞŶƚ ŐĞŶĐLJ ŐŽĂů ŽĨ ĂƩƌĂĐƟŶŐ ϭϬ͕ϬϬϬ ƉĞŽƉůĞ ƚŽ ůŝǀĞ and work in the province by 2025. ͞ ƵƐŝŶĞƐƐĞƐ ĂƌĞ ďĞŶĞĮƫŶŐ ĨƌŽŵ ƚŚĞ ŝŶƚĞƌŶƐ͛ ƐŬŝůůƐ ĂŶĚ ŐĞƚ the opportunity to work with someone from a completely ĚŝīĞƌĞŶƚ ĐƵůƚƵƌĞ͘ ͞/ŶƚĞƌŶƐ ĂůƐŽ ŐĂŝŶ ǀĂůƵĂďůĞ ĞdžƉĞƌŝĞŶĐĞ ŽĨ ǁŽƌŬŝŶŐ ŝŶ Ă Southland business while it also helps them make an informed decision about whether they want to live and work in the ƌĞŐŝŽŶ ŝŶ ƚŚĞ ůŽŶŐͲƚĞƌŵ͘͟


ANNUAL REPORT 2017

QUEENSTOWN COOKERY FACILITY UPGRADE A WINNER FOR STUDENTS ^/d͛Ɛ YƵĞĞŶƐƚŽǁŶ ĐĂŵƉƵƐ ƵƉŐƌĂĚĞĚ ŝƚƐ ŬŝƚĐŚĞŶ ĨĂĐŝůŝƟĞƐ ĨŽƌ ƚŚĞ ŽŽŬĞƌLJ ƐƚƵĚĞŶƚƐ ŝŶ ϮϬϭϳ͘ ŶƐƵƌŝŶŐ ƚŚĂƚ ƐƚƵĚĞŶƚƐ ůĞĂǀĞ ĂŌĞƌ ƐƚƵĚLJ ǁŝƚŚ ǁŽƌŬͲƌĞĂĚLJ ĐƵůŝŶĂƌLJ ƐŬŝůůƐ ƌĞƋƵŝƌĞƐ Ă professional kitchen environment and with the two Invercargill ĐĂŵƉƵƐ ŬŝƚĐŚĞŶƐ ĂůƌĞĂĚLJ ŬŝƩĞĚ ŽƵƚ ǁŝƚŚ ƋƵĂůŝƚLJ ĞƋƵŝƉŵĞŶƚ͕ Queenstown campus was ready for an upgrade. tŝƚŚ ĂŶ ŝŶĐƌĞĚŝďůLJ ƟŐŚƚ ƟŵĞ ĨƌĂŵĞ ƚŽ ǁŽƌŬ ǁŝƚŚŝŶ͕ ĐŽŶƐƚƌƵĐƟŽŶ ďĞŐĂŶ ŝŶ :ĂŶƵĂƌLJ ĂŶĚ ƚŚĞ ƉƌŽũĞĐƚ ŶĞĞĚĞĚ ƚŽ ďĞ ĮŶŝƐŚĞĚ ďLJ &ĞďƌƵĂƌLJ ƌĞĂĚLJ ĨŽƌ Ă ŶĞǁ ŝŶƚĂŬĞ ŽĨ ƐƚƵĚĞŶƚƐ͘ dŚĞ ƉƌĞǀŝŽƵƐ ƐƉĂĐĞ ǁĂƐ ŐƵƩĞĚ ŽĨ Ăůů ĮdžƚƵƌĞƐ ĂŶĚ ^ŽƵƚŚĞƌŶ Hospitality provided new hoods and custom-made much of the shelving. The layout mirrored that of the successful design of the kitchens at the Invercargill campus where the space is easily usable for teacher and student alike. Once the students were working in the new space, feedback ǁĂƐ ƉŽƐŝƟǀĞ ǁŝƚŚ ĐŚĞĨ ƚƵƚŽƌ EŝĐŬ tĞƐƚĞƌŵĂŶ ƌĞƉŽƌƟŶŐ ƚŚĂƚ ͞ƚŚĞLJ ůŽǀĞ ŝƚ͘͟ &Žƌ EŝĐŬ ŚŝŵƐĞůĨ͕ ŚĞ ŝƐ ĂůƐŽ ĂƉƉƌĞĐŝĂƟǀĞ ŽĨ ƚŚĞ ŶĞǁ ĨĂĐŝůŝƟĞƐ͕ ͞ƚŚĞ ŶĞǁ ĮƚͲŽƵƚ ŝƐ Ă ĨƵůůLJ ƉƌŽĨĞƐƐŝŽŶĂů ŬŝƚĐŚĞŶ ĂŶĚ ŚĂƐ ĐŽŵƉůĞƚĞůLJ ĐŚĂŶŐĞĚ ƚŚĞ ƚĞĂĐŚŝŶŐ ĞdžƉĞƌŝĞŶĐĞ͘͟ dŚĞ ǀŝĞǁ ŽƵƚ ƚŚĞ ǁŝŶĚŽǁƐ ŝƐ ƚŚĞ ŵĂŐŶŝĮĐĞŶƚ ǀŝƐƚĂ ŽĨ ƚŚĞ Remarkables Mountain Range, but the focus is on the ĚĞůĞĐƚĂďůĞ ĨŽŽĚ ƚŚĞ ƐƚƵĚĞŶƚƐ ǁŝůů ďĞ ĐƌĞĂƟŶŐ ŝŶ ƚŚĞ ďƌĂŶĚ ŶĞǁ kitchen space. ŽŽŬĞƌLJ ƐƚƵĚĞŶƚƐ Ăƚ ǁŽƌŬ ŝŶ ^/d͛Ɛ ŶĞǁ YƵĞĞŶƐƚŽǁŶ ƉƌŽĨĞƐƐŝŽŶĂů ŬŝƚĐŚĞŶ ĨĂĐŝůŝƚLJ

COMMUNITY, INDUSTRY, BUSINESS

RUGBY SOUTHLAND COLLABORATES WITH SIT TO PRODUCE STAGS SONG “SOUTHERN DREAM” As naming sponsor of the Southland Stags provincial rugby ƚĞĂŵ͕ ^/d ǁĂƐ ŝŶǀŽůǀĞĚ ŝŶ ƚŚĞ ĐƌĞĂƟŽŶ ŽĨ Ă ŶĞǁ ƐŽŶŐ ĂŶĚ ǀŝĚĞŽ clip to help promote the team in the 2017 provincial rugby season. Rugby Southland commercial manager Breidi McStay approached New Zealand singer and song writer Jason <ĞƌƌŝƐŽŶ ƚŽ ƉĞƌĨŽƌŵ ĂŶĚ ŚĞůƉ ǁƌŝƚĞ ƚŚĞ ƐŽŶŐ ĂŶĚ ƚŚĞ ĮŶĂů ƉƌŽĚƵĐƚ ǁĂƐ ĐƌĞĂƚĞĚ ĨƌŽŵ ƐƵŐŐĞƐƟŽŶƐ ƉƌŽǀŝĚĞĚ ƚŽ <ĞƌƌŝƐŽŶ ďLJ Rugby Southland, which were then fused together into a very ͚^ŽƵƚŚůĂŶĚ͛ ƐŽŶŐ͘ SIT provided the technical assistance with the song being ƌĞĐŽƌĚĞĚ ŝŶ ƚŚĞ ^/d ^ŽƵŶĚ ^ƚƵĚŝŽƐ ĂŶĚ ƚŚĞ ƵĚŝŽ WƌŽĚƵĐƟŽŶ ĂŶĚ &ŝůŵ ĚĞƉĂƌƚŵĞŶƚƐ͛ ƐƚĂī ĂŶĚ ƐƚƵĚĞŶƚƐ ƉƌŽĚƵĐŝŶŐ ƚŚĞ ĮŶĂů ƌĞĐŽƌĚŝŶŐ ĂŶĚ ǀŝĚĞŽ ĐůŝƉ ŽĨ ͚^ŽƵƚŚĞƌŶ ƌĞĂŵ͛͘ With vocalist Kerrison originally hailing from Southland, other ŝĐŽŶŝĐ ^ŽƵƚŚůĂŶĚĞƌƐ ĂŶĚ ^ŽƵƚŚůĂŶĚ ĞdžƉĂƚƐ ǁĞƌĞ ĂůƐŽ ĨĞĂƚƵƌĞĚ ŝŶ ƚŚĞ ƐŽŶŐ͛Ɛ ǀŝĚĞŽ͘ dŚĞ ƉƌŽĚƵĐƟŽŶ ŽĨ ƚŚĞ ǀŝĚĞŽ ǁĂƐ Ă ŵĂƐƐŝǀĞ ƵŶĚĞƌƚĂŬŝŶŐ͕ ĐŽŽƌĚŝŶĂƟŶŐ ůŽĐĂů ƐƉŽƌƚƐ͕ ĐŝǀŝĐ͕ ƉŽůŝƟĐĂů͕ ĐŽŵŵƵŶŝƚLJ ĂŶĚ ďƵƐŝŶĞƐƐ ůĞĂĚĞƌƐ ĂŶĚ ĨĞĂƚƵƌŝŶŐ ŵƵůƟƉůĞ ůŽĐĂƟŽŶƐ ǁĞůůͲŬŶŽǁŶ ƚŽ ĂŶLJŽŶĞ ĨĂŵŝůŝĂƌ ǁŝƚŚ ^ŽƵƚŚůĂŶĚ͘ The song was an outstanding success on release, being ĚĞƐĐƌŝďĞĚ ĂƐ ͚ŽŶĞ ŽĨ ƚŚŽƐĞ ĐĂƚĐŚLJ ƐŽŶŐƐ ƚŚĂƚ ŐĞƚƐ ƐƚƵĐŬ ŝŶ LJŽƵƌ head’.

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ANNUAL REPORT 2017

COMMUNITY, INDUSTRY, BUSINESS

SIT GOLD SPONSOR OF NEW ZEALAND CATE CONFERENCE

SIT was a proud Gold Sponsor of the annual New Zealand ĂƌĞĞƌƐ ĂŶĚ dƌĂŶƐŝƟŽŶ ĚƵĐĂƟŽŶ ƐƐŽĐŝĂƟŽŶ ; d Ϳ Conference held in Invercargill from 15-17 November 2017. KǀĞƌ ϰϬϬ ĂƌĞĞƌ ĂŶĚ dƌĂŶƐŝƟŽŶ ƉƌŽĨĞƐƐŝŽŶĂůƐ ĂƩĞŶĚĞĚ ƚŚĞ conference from secondary schools and youth training areas throughout New Zealand. The conference had not been held in the Southland region for a decade and provided an ŽƉƉŽƌƚƵŶŝƚLJ ƚŽ ƐŚŽǁ ĂƩĞŶĚĞĞƐ ǁŚĂƚ ƚŚĞ ƌĞŐŝŽŶ ŚĂƐ ƚŽ ŽīĞƌ͘ /Ŷ ĂĚĚŝƟŽŶ ƚŽ ƐƉŽŶƐŽƌŝŶŐ ƚŚĞ ĐŽŶĨĞƌĞŶĐĞ͕ ^/d ĂƌƌĂŶŐĞĚ ĂƐ part of the programme for two graduates Krystal McMurdo ;,ĂŝƌĚƌĞƐƐŝŶŐͿ͕ ĂŶŝĞů tŚLJƚĞ ;/ŶĨŽƌŵĂƟŽŶ dĞĐŚŶŽůŽŐLJͿ ĂŶĚ ŽŶĞ ĐƵƌƌĞŶƚ ƐƚƵĚĞŶƚ ZĂƉŚĂĞů <ĂƌŶƵƚŚ ; ŶǀŝƌŽŶŵĞŶƚĂů DĂŶĂŐĞŵĞŶƚͿ ƚŽ ƐƉĞĂŬ ĂďŽƵƚ ƚŚĞŝƌ ƐƚƵĚLJ ĞdžƉĞƌŝĞŶĐĞƐ Ăƚ ^/d͘ dŚĞ ƉƌĞƐĞŶƚĂƟŽŶƐ ďLJ ƚŚĞ LJŽƵŶŐ ƉĞŽƉůĞ ƵŶĚĞƌůŝŶĞĚ ƚŚĞ ŽƉƉŽƌƚƵŶŝƟĞƐ ƐƚƵĚĞŶƚƐ ŚĂǀĞ ĨŽƌ ƚĞƌƟĂƌLJ ůĞǀĞů ƐƚƵĚLJ ŝŶ the region and were very well received by the conference ĂƩĞŶĚĞĞƐ͘ The conference was describe as a comprehensive and in-depth professional development opportunity, with the main theme ďĞŝŶŐ ͞ ŚĂŶŐĞ ĨƌŽŵ ƚŚĞ ^ŽƵƚŚ͟ ĂŶĚ ŝŶĐůƵĚŝŶŐ ƚŚĞ ĨŽůůŽǁŝŶŐ strands: the changing world of work; Southern ideas making a ĐŚĂŶŐĞ͖ ĐŚĂŶŐŝŶŐ ƚŽ ƐĂǀĞ ƚŚĞ ƌĞŐŝŽŶƐ͖ ĐŚĂŶŐŝŶŐ ƉĞƌĐĞƉƟŽŶƐ ŽĨ ƚŚĞ dƌĂĚĞƐ ĂŶĚ WƌŝŵĂƌLJ /ŶĚƵƐƚƌŝĞƐ͘ 'ƵĞƐƚ ƐƉĞĂŬĞƌƐ ŝŶĐůƵĚĞĚ Ă ƌĂŶŐĞ ŽĨ ŶŽƚĂďůĞ ƉĞŽƉůĞ ĨƌŽŵ ďƵƐŝŶĞƐƐ ĂŶĚ ĞĚƵĐĂƟŽŶ͗ DŝĐŚĂĞů ,ŝůů͕ >ƵĐLJ 'ƌŝĸƚŚƐ͕ WƌŽĨĞƐƐŽƌ ůůĞŶ ,ĞƌďŝƐŽŶ͕ /ĂŶ dĂLJůŽƌ͕ DĂƌĐƵƐ ŬƵŚƵƚĂ͕ ĞĂŶ ,Ăůů͕ ĂŶĚ ŚƌŝƐƟŶĞ ,ĂLJĚŽŶ͘ dŚĞ ĐŽŶĨĞƌĞŶĐĞ ĂůƐŽ included a Southlanders’ panel with Jocelyn O’Donnell, John Ward and SIT Councillor Dean Addie.

^/d ,ĂŝƌĚƌĞƐƐŝŶŐ ŐƌĂĚƵĂƚĞ ĂŶĚ sĞŶŽŵ ^ĂůŽŶ DĂŶĂŐĞƌ ĂŶĚ ^ĞŶŝŽƌ ^ƚLJůŝƐƚ͕ <ƌLJƐƚĂů DĐDƵƌĚŽ͕ ǁŚŽ ĂĚĚƌĞƐƐĞĚ ƚŚĞ ϮϬϭϳ d ŽŶĨĞƌĞŶĐĞ ŚĞůĚ ŝŶ /ŶǀĞƌĐĂƌŐŝůů

ANIMAL WELLNESS CHECKS POPULAR WITH PET OWNERS The opportunity to check up on the wellness of their animals through the SIT Animal Wellness Clinic proved popular with Southland pet owners. Students from the Diploma in Veterinary Nursing level 6 programme held the two day clinic in November which provided ďĞŶĞĮƚƐ ĨŽƌ ƚŚĞ ƐƚƵĚĞŶƚƐ ĂƐ ǁĞůů ĂƐ ƚŚĞ pet owners. It was a chance for students ƚŽ ǁŽƌŬ ǁŝƚŚ ŵĂŶLJ ĚŝīĞƌĞŶƚ ƐŝnjĞĚ animals over the two day period and an opportunity for the community to check up on their pets and see the students at work in the simulated SIT Veterinary ůŝŶŝĐĂů WƌĂĐƟĐĞ ^ƵŝƚĞ͘ dƵƚŽƌ ƌ ZƵƚŚ ŶĚĞƌƐŽŶͲ ,ŽƌƌĞůů ;ϮŶĚ ĨƌŽŵ ůĞŌͿ ǁŝƚŚ ŝƉůŽŵĂ ŝŶ sĞƚĞƌŝŶĂƌLJ EƵƌƐŝŶŐ ƐƚƵĚĞŶƚƐ ;ĨƌŽŵ ůĞŌͿ ŽƵƌƚĞŶĂLJ ^ŝŶĐůĂŝƌ ʹ ĂŬĞƌ͕ EĂƚĂůŝĞ dŚŽŵƐŽŶ ĂŶĚ DŝĂŶĞĞ ĂůĚǁŝŶ


ANNUAL REPORT 2017

COMMUNITY, INDUSTRY, BUSINESS

COOK ISLAND COMMUNITY CELEBRATES GRADUATE’S SUCCESS Ɛ ŐƌĂĚƵĂƚĞ ŽĨ ƚŚĞ EĂƟŽŶĂů ĞƌƟĮĐĂƚĞ ŝŶ ĚƵůƚ ĚƵĐĂƟŽŶ ĂŶĚ dƌĂŝŶŝŶŐ ;>ĞǀĞů ϱͿ ƚŚƌŽƵŐŚ ^/d͛Ɛ ^/dϮ>ZE ĚŝƐƚĂŶĐĞ ůĞĂƌŶŝŶŐ ƉƌŽŐƌĂŵŵĞ dƵƚĂŝŶŐĂƌĂ <ĂƚƵŬĞ ;EŐĂƌĂͿ ƚƌĂǀĞůůĞĚ Ăůů ƚŚĞ ǁĂLJ from the Cook Islands to celebrate her achievement, and was supported at the Invercargill ceremony by many local Cook Island community members. EŐĂƌĂ ǁŽƌŬƐ ĨŽƌ ƚŚĞ DŝŶŝƐƚƌLJ ŽĨ ĚƵĐĂƟŽŶ ŵĂŶĂŐŝŶŐ ƚŚĞ ĮŶĂŶĐĞƐ ĨŽƌ ƚŚĞ ŽŽŬ /ƐůĂŶĚƐ͛ dĞƌƟĂƌLJ dƌĂŝŶŝŶŐ /ŶƐƟƚƵƚĞ ĂŶĚ ĚĞĐŝĚĞĚ ƚŽ ƚĂŬĞ ƚŚĞ ŽƉƉŽƌƚƵŶŝƚLJ ƚŽ ƚƌLJ ƐŽŵĞƚŚŝŶŐ ĚŝīĞƌĞŶƚ ĂŶĚ ƵƉƐŬŝůů ŝŶ ƚŚĞ ĂƌĞĂ ŽĨ ĂĚƵůƚ ĞĚƵĐĂƟŽŶ ǁŝƚŚ ^/d͘ Ngara found the programme immensely helpful, especially the ĞƐƐĂLJ ǁƌŝƟŶŐ ƐĞĐƟŽŶ ĂƐ ŝƚ ŝƐ Ă ĐŚĂůůĞŶŐŝŶŐ ĂƌĞĂ ǁŚĞŶ ŶŐůŝƐŚ ŝƐ ŶŽƚ LJŽƵƌ ĮƌƐƚ ůĂŶŐƵĂŐĞ͘ EĞƚǁŽƌŬŝŶŐ ǁŝƚŚ ŚĞƌ ĐŽůůĞĂŐƵĞƐ ĂŶĚ other students was also something she found helped with her study and she enjoyed the cultural understanding aspect as it has assisted her with applying the model to her own work place and community involvement.

The course has provided me the opportunity to gain more understanding and to use it in my non-governmental organisation arena to support and provide skills to share with our people in the community, church, village and members in my organisations. It has changed the way I think and I understand how to make a better change in our life.”

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Tutaingara Katuke

dƵƚĂŝŶŐĂƌĂ <ĂƚƵŬĞ Ăƚ ^/d ĞƌƟĮĐĂƚĞ 'ƌĂĚƵĂƟŽŶ

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COMMUNITY, INDUSTRY, BUSINESS

WORKING WITH OUR COMMUNITY… ª tĂŝƚƵŶĂ >ĂŐŽŽŶ ͗ environmental management students engaging in ǁĂƚĞƌ ƚĞƐƟŶŐ Ăƚ ƚŚĞ ůĂŐŽŽŶ ª tŚŝƚĞŚŝůů tŝŶĚĨĂƌŵ͗ environmental management students ĞdžĂŵŝŶŝŶŐ ƚŚĞ ŝŵƉĂĐƚ ŽĨ ƌĞŶĞǁĂďůĞ ĞŶĞƌŐŝĞƐ ŽŶ ƚŚĞ ĐŽŵŵƵŶŝƚLJ ª WŽůLJĨĞƐƚ͗ ƐƉŽƌƚ ĂŶĚ ĞdžĞƌĐŝƐĞ ƐƚƵĚĞŶƚƐ ĂƐƐŝƐƟŶŐ ǁŝƚŚ ƚŚĞ ƌƵŶŶŝŶŐ ŽĨ ƚŚŝƐ ƉŽƉƵůĂƌ ĨĞƐƟǀĂů ƉƌĞƐĞŶƚĞĚ ďLJ ƚŚĞ DĂŽƌŝ ĂŶĚ WĂƐŝĮŬĂ ƵůƚƵƌĂů Trust ª LJĐůŝŶŐ ^ŽƵƚŚůĂŶĚ͗ ƐƉŽƌƚ ĂŶĚ ĞdžĞƌĐŝƐĞ ƐƚƵĚĞŶƚƐ ĂƐƐŝƐƟŶŐ ǁŝƚŚ ƚŚĞ Cycling Tour of Southland ª ^/d 'LJŵ͗ ƐƉŽƌƚ ĂŶĚ ĞdžĞƌĐŝƐĞ ƐƚƵĚĞŶƚƐ ŽƉĞƌĂƟŶŐ ƚŚŝƐ ĨĂĐŝůŝƚLJ ĨŽƌ students and the public as part of their programmes

^/d ŐLJŵŶĂƐŝƵŵ ĨĂĐŝůŝƚLJ ŽƉĞƌĂƚĞĚ ďLJ ĂĐŚĞůŽƌ ŽĨ ^ƉŽƌƚ ĂŶĚ džĞƌĐŝƐĞ ƐƚƵĚĞŶƚƐ

ª tĂǀĞƌůĞLJ WĂƌŬ ^ĐŚŽŽů ĂŶĚ ƚŚĞ ĐŽŵŵƵŶŝƚLJ͗ ƐƉŽƌƚ ĂŶĚ ĞdžĞƌĐŝƐĞ ƐƚƵĚĞŶƚƐ ĚĞůŝǀĞƌŝŶŐ DĂŽƌŝ ŐĂŵĞƐ ĨŽƌ ƚŚĞ ƐĐŚŽŽů͕ ĂƐ ǁĞůů ĂƐ ĞdžĞƌĐŝƐĞ ƌĞŚĂďŝůŝƚĂƟŽŶ ƉƌŽŐƌĂŵŵĞƐ ŝŶ ƚŚĞ ĐŽŵŵƵŶŝƚLJ ª ^ŽƵƚŚůĂŶĚ ^ŚĂƌŬƐ ĂŶĚ ^ŽƵƚŚůĂŶĚ ^ƚĂŐƐ͗ Bachelor of Sport and džĞƌĐŝƐĞ ƐƚƵĚĞŶƚƐ ƉƌŽǀŝĚŝŶŐ 'ĂŵĞ ŶĂůLJƐŝƐ ĨŽƌ ƚŚĞ ^ŚĂƌŬƐ ĂŶĚ ƐƉŽƌƚƐ ĐŽŶĚŝƟŽŶŝŶŐ ĨŽƌ ƚŚĞ ^ƚĂŐƐ ª ^ƉŽƌƚ ^ŽƵƚŚůĂŶĚ͕ ĐĂĚĞŵLJ ^ŽƵƚŚůĂŶĚ͕ sŽůůĞLJďĂůů ^ŽƵƚŚůĂŶĚ͕ EĞƚďĂůů ^ŽƵƚŚ͕ ZƵŐďLJ ^ŽƵƚŚůĂŶĚ͕ ĚǀĞŶƚƵƌĞ ^ŽƵƚŚůĂŶĚ͗ internships with ĂĐŚĞůŽƌ ŽĨ ^ƉŽƌƚ ĂŶĚ džĞƌĐŝƐĞ ƐƚƵĚĞŶƚƐ ª ŝŐ ůŽŽĚ WƌĞƐƐƵƌĞ ŚĞĐŬ ĂLJ͗ enrolled nursing students ƉĂƌƟĐŝƉĂƟŶŐ ŝŶ ƚŚŝƐ ĞǀĞŶƚ Ăƚ ůŽĐĂů ƐƵƉĞƌŵĂƌŬĞƚƐ ª ŶǀŝƌŽŶŵĞŶƚ ^ŽƵƚŚůĂŶĚ͕ ŝƐĂďŝůŝƚLJ ŶƚĞƌƉƌŝƐĞ ^ŽƵƚŚůĂŶĚ͕ ĞƉĂƌƚŵĞŶƚ ŽĨ ŽƌƌĞĐƟŽŶƐ͗ ĞŶƌŽůůĞĚ ŶƵƌƐŝŶŐ ƐƚƵĚĞŶƚƐ ĐŽŶĚƵĐƟŶŐ ǁĞůůŶĞƐƐ ĐŚĞĐŬƐ ĨŽƌ ƚŚĞƐĞ ŽƌŐĂŶŝƐĂƟŽŶƐ ª ,ĞĂůƚŚ džƉŽ ;DLJƚŚ ƵƐƚĞƌƐͿ͗ ĂĐŚĞůŽƌ ŽĨ EƵƌƐŝŶŐ ƐƚƵĚĞŶƚƐ ŽƉĞƌĂƟŶŐ ƚŚŝƐ ǁĞůů ĂƩĞŶĚĞĚ ŚĞĂůƚŚ ĞdžƉŽ ĨŽƌ ƚŚĞ ƉƵďůŝĐ ª WĂĐŝĮĐ /ƐůĂŶĚ dƌƵƐƚ DŽƚŚĞƌ͛Ɛ ĂLJ ĂŶĚ &ĂƚŚĞƌ͛Ɛ ĂLJ ĞǀĞŶƚƐ͖ zD ĐŽŵŵƵŶŝƚLJ ƐĞŵŝŶĂƌ͗ ĂĐŚĞůŽƌ ŽĨ dŚĞƌĂƉĞƵƟĐ ĂŶĚ ^ƉŽƌƚƐ DĂƐƐĂŐĞ students’ community involvements

ĂĐŚĞůŽƌ ŽĨ ^ĐƌĞĞŶ ƌƚƐ ƐƚƵĚĞŶƚƐ ƉƌŽǀŝĚĞ ĐĂŵĞƌĂ ŽƉĞƌĂƟŽŶƐ Ăƚ />d ^ƚĂĚŝƵŵ ^ŽƵƚŚůĂŶĚ

ª WƌŽŵŽƟŽŶ ŽĨ ,ĞĂůƚŚ /ŶŝƟĂƟǀĞƐ ĨŽƌ /ŶǀĞƌĐĂƌŐŝůů ŝƚLJ ŽƵŶĐŝů͕ 'ŽƌĞ ŝƐƚƌŝĐƚ ŽƵŶĐŝů͕ ŶǀŝƌŽŶŵĞŶƚ ^ŽƵƚŚůĂŶĚ͕ ^ŽƵƚŚ ŝƚLJ ůŝǀĞ͕ ^/d >ŝďƌĂƌLJ͕ ZŽǁĞŶĂ :ĂĐŬƐŽŶ ZĞƐƚ ,ŽŵĞ͗ Bachelor of Nursing students’ ĐŽŵŵƵŶŝƚLJ ŝŶŝƟĂƟǀĞƐ ª ĂĐŚĞůŽƌ ŽĨ /ŶĨŽƌŵĂƟŽŶ dĞĐŚŶŽůŽŐLJ ƉƌŽũĞĐƚƐ͗ ŝŶƚĞƌĂĐƟǀĞ ŵĂƉ system of Tay St Invercargill for student and community use; a tablet ďĂƐĞĚ ĂƉƉ ĨŽƌ ƐƉĞĐŝĂůŝƐĞĚ ĚĂƚĂ ĐŽůůĞĐƟŽŶ ĨŽƌ &ŽŶƚĞƌƌĂ͖ Ă ǁĞď ďĂƐĞĚ ingredients ordering system for hospitality; an immersive Chinese ůĂŶŐƵĂŐĞ ůĞĂƌŶŝŶŐ ƐLJƐƚĞŵ͖ ĚƌŽŶĞ ŇLJŝŶŐ ŐĂŵĞ ƐLJƐƚĞŵ͖ ǁĞďͲďĂƐĞĚ ĐŽŶƚĞŶƚ ŵĂŶĂŐĞŵĞŶƚ ƐLJƐƚĞŵ ĨŽƌ ůŽĐĂů ĂĐĐŽƵŶƟŶŐ ƐŽŌǁĂƌĞ ĐŽŵƉĂŶLJ͖ database system for private hospital to reduce paperwork ª ŚƌLJƐĂůŝƐ &ĂƐŚŝŽŶ ^ŚŽǁĐĂƐĞ͗ ƉƵďůŝĐ ƉƌŽĚƵĐƟŽŶ ďLJ ƐƚƵĚĞŶƚƐ ĨƌŽŵ ƚŚĞ ĂĐŚĞůŽƌ ŽĨ &ĂƐŚŝŽŶ ; ĞƐŝŐŶ ĂŶĚ dĞĐŚŶŽůŽŐLJͿ͕ ĂĐŚĞůŽƌ ŽĨ ŽŶƚĞŵƉŽƌĂƌLJ DƵƐŝĐ͕ ĂĐŚĞůŽƌ ŽĨ ƵĚŝŽ WƌŽĚƵĐƟŽŶ͕ ,ŽƐƉŝƚĂůŝƚLJ͕ Hairdressing and Beauty Therapy programmes ª <ŝĚƐ͛ DƵƐŝĐ ŽŶĐĞƌƚƐ͗ Musical performances and total technical support provided for 2,600 children and families by Bachelor of ŽŶƚĞŵƉŽƌĂƌLJ DƵƐŝĐ ĂŶĚ ĂĐŚĞůŽƌ ŽĨ ƵĚŝŽ ŶŐŝŶĞĞƌŝŶŐ ƐƚƵĚĞŶƚƐ

ŶǀŝƌŽŶŵĞŶƚĂů ŵĂŶĂŐĞŵĞŶƚ ƐƚƵĚĞŶƚƐ ƉƌĞƉĂƌĞ ĨŽƌ ĂŝƌďŽƌŶĞ ĮĞůĚ ƚƌŝƉ

ª YƵĞĞŶƐƚŽǁŶ :Ănjnj &ĞƐƚ͗ ĂĐŚĞůŽƌ ŽĨ ƵĚŝŽ ŶŐŝŶĞĞƌŝŶŐ ƐƚƵĚĞŶƚƐ ƉƌŽǀŝĚŝŶŐ ƚĞĐŚŶŝĐĂů ƐƵƉƉŽƌƚ ĨŽƌ ƚŚĞ ĨĞƐƟǀĂů͕ ĂŶĚ ĂĐŚĞůŽƌ ŽĨ ŽŶƚĞŵƉŽƌĂƌLJ DƵƐŝĐ ƐƚƵĚĞŶƚƐ ĐŽŶƚƌŝďƵƟŶŐ ũĂnjnj ƚŽ ƚŚĞ entertainment. ª ^ŽƵƚŚƐƵƌĞ ŵĞƌŐŝŶŐ ƌƟƐƚ ǁĂƌĚƐ͗ ƉƵďůŝĐ ĞdžŚŝďŝƟŽŶ ŽĨ ƐƚƵĚĞŶƚ Ăƌƚ from range of visual art programmes arranged by Year 2 visual arts students


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STAFF FOCUS

ANNUAL REPORT 2017

STAFF TRAINING AND DEVELOPMENT The Academic Support Unit (ASU) co-ordinates professional development for tutorial and allied staff at SIT. WƌŽĨĞƐƐŝŽŶĂů ĞǀĞůŽƉŵĞŶƚ͕ dƌĂŝŶŝŶŐ ĂŶĚ ^ƵƉƉŽƌƚ ŽƉƉŽƌƚƵŶŝƟĞƐ for 2017: ª dŚĞ ĂŶŶƵĂů ƐƚĂī ƚƌĂŝŶŝŶŐ ƉƌŽŐƌĂŵŵĞ ǁĂƐ ĚĞůŝǀĞƌĞĚ ŽǀĞƌ a two week period at the beginning of the academic year and included a wide range of topics including teaching and ůĞĂƌŶŝŶŐ͕ ĐƵůƚƵƌĂůůLJ ƌĞƐƉŽŶƐŝǀĞ ƉƌĂĐƟĐĞ͕ ĂĚŵŝŶŝƐƚƌĂƟŽŶ ƌĞƋƵŝƌĞŵĞŶƚƐ͕ ŵŽĚĞƌĂƟŽŶ ĂŶĚ ĐŽŵŵƵŶŝĐĂƟŽŶ͘ dŚĞ feedback received for the sessions was highly favourable ĂŶĚ ĂŶ ŝŶĐƌĞĂƐĞ ŝŶ ĂƩĞŶĚĂŶĐĞ Ăƚ ŵĂŶLJ ŽĨ ƚŚĞ ŶŽŶͲ mandatory sessions was noted. ª Ŷ ĂĚĚŝƟŽŶĂů ƐƚĂī ƚƌĂŝŶŝŶŐ ƉƌŽŐƌĂŵŵĞ ĨŽĐƵƐŝŶŐ ŽŶ ^/d͛Ɛ ŵĂŶĚĂƚŽƌLJ ƐƚĂī ƚƌĂŝŶŝŶŐ ĂƌĞĂƐ ǁĂƐ ŚĞůĚ ŝŶ :ƵŶĞ͘ dŚĞƐĞ ǁŽƌŬƐŚŽƉƐ ǁĞƌĞ ǁĞůů ĂƩĞŶĚĞĚ͘ ĚĚŝƟŽŶĂů ŵĂŶĚĂƚŽƌLJ ƚƌĂŝŶŝŶŐ ƐĞƐƐŝŽŶƐ ĨŽƌ ǀĂƌŝŽƵƐ ƐƚĂĸŶŐ ĂƌĞĂƐ ǁĞƌĞ ŚĞůĚ ďLJ request. ª New tutor support sessions were held throughout the year. The one to one and group support sessions provided ĂŶ ŝŶƚƌŽĚƵĐƟŽŶ ĨŽƌ ŶĞǁ ƚƵƚŽƌƐ ƚŽ ĨŽƵŶĚĂƟŽŶ ĐůĂƐƐƌŽŽŵ skills and academic quality requirements. New tutors ǁĞƌĞ ĂůƐŽ ŝŶǀŽůǀĞĚ ǁŝƚŚ ͚/ŶĚƵĐƚĞĞ ŽīĞĞ ƌĞĂŬƐ͛ ǁŚĞƌĞďLJ ƚƵƚŽƌƐ ĨƌŽŵ Ăůů &ĂĐƵůƟĞƐ ĐŽƵůĚ ŵĞĞƚ ĂŶĚ ĚŝƐĐƵƐƐ ƐƵĐĐĞƐƐ͕ challenges and share teaching and learning strategies that ƚŚĞLJ ĨŽƵŶĚ ĞīĞĐƟǀĞ͘ ª /ŶĐƌĞĂƐĞĚ ƐƵƉƉŽƌƚ ǁĂƐ ƉƌŽǀŝĚĞĚ ĨŽƌ ŶĞǁ ƚƵƚŽƌƐ ;ŝŶĚƵĐƚĞĞƐͿ ǁŝƚŚ Ă ĨŽĐƵƐ ŽŶ ŵĞĞƟŶŐ ƐƉĞĐŝĮĐ ŶĞĞĚƐ ŽĨ ŝŶĚŝǀŝĚƵĂůƐ ª Managers and Team Leaders training, an annual event, was held in September and was split over two days. This training provides middle managers with the opportunity to ŶĞƚǁŽƌŬ ǁŝƚŚ ŽƚŚĞƌ ŵĂŶĂŐĞƌƐ ĂŶĚ ƚŽ ŽďƚĂŝŶ ŝŶĨŽƌŵĂƟŽŶ and strategies to support them in their roles. This year our

ĨŽĐƵƐ ǁĂƐ ŽŶ ͚DĞĞƟŶŐ DĂŶĂŐĞƌ͛Ɛ EĞĞĚƐ͛͘ dŽƉŝĐƐ ƌĂŶŐĞĚ ĨƌŽŵ ƉƌŽŐƌĂŵŵĞ ĚĞǀĞůŽƉŵĞŶƚ͕ ŝŶƚĞƌŶĂƟŽŶĂů ƐƚƵĚĞŶƚƐ͕ ďůĞŶĚĞĚ ůĞĂƌŶŝŶŐ͕ ŵŽĚĞƌĂƟŽŶ͕ ŚĞĂůƚŚ ĂŶĚ ƐĂĨĞƚLJ͕ ĂŶĚ ŵĂŬŝŶŐ ƐĞůĨͲƌĞŇĞĐƟŽŶ ŵĞĂŶŝŶŐĨƵů͘ ª tĞ ŚĂĚ Ă ŶƵŵďĞƌ ŽĨ ƐƚĂī ƵŶĚĞƌƚĂŬŝŶŐ ƚŚĞ EĂƟŽŶĂů ĞƌƟĮĐĂƚĞ ŝŶ ĚƵůƚ >ŝƚĞƌĂĐLJ ĂŶĚ EƵŵĞƌĂĐLJ ĚƵĐĂƟŽŶ ĂŶĚ ƚŚĞ EĂƟŽŶĂů ĞƌƟĮĐĂƚĞ ŝŶ ĚƵůƚ ĚƵĐĂƟŽŶ ĂŶĚ dƌĂŝŶŝŶŐ ƋƵĂůŝĮĐĂƟŽŶƐ͘ ůů ƐƚĂī ǁŚŽ ŚĂǀĞ ĐŽŵƉůĞƚĞĚ ĞŝƚŚĞƌ ƚŚĞ ƋƵĂůŝĮĐĂƟŽŶƐ Žƌ ƉĂƉĞƌƐ ƚŽǁĂƌĚƐ ƚŚĞ ƋƵĂůŝĮĐĂƟŽŶƐ have commented on the value they have found in the improvement of their own teaching strategies. This ĚŝƌĞĐƚůLJ ŝŵƉĂĐƚƐ ƉŽƐŝƟǀĞůLJ ŽŶ ƐƚƵĚĞŶƚƐ͛ ůĞĂƌŶŝŶŐ ĂŶĚ achievement. ª KďƐĞƌǀĂƟŽŶ ŽĨ ƚĞĂĐŚŝŶŐ ŝƐ ĂŶ ŝŵƉŽƌƚĂŶƚ ƉƌŽĨĞƐƐŝŽŶĂů ĚĞǀĞůŽƉŵĞŶƚ ĂĐƟǀŝƚLJ ƵŶĚĞƌƚĂŬĞŶ ǁŝƚŚ Ăůů ĨƵůů ƟŵĞ ƚƵƚŽƌŝĂů ƐƚĂī ďLJ ƚŚĞ ^h ƵŶŝƚ ƐƚĂī͘ dŚĞ ŽďũĞĐƟǀĞ ŝƐ ƚŽ ŝŵƉƌŽǀĞ ƚĞĂĐŚŝŶŐ ƉƌĂĐƟĐĞƐ͕ ƐƚƵĚĞŶƚ ĞŶŐĂŐĞŵĞŶƚ ĂŶĚ ƐƚƵĚĞŶƚ ƉĞƌĨŽƌŵĂŶĐĞ͘ dŚŝƐ ĞdžĞƌĐŝƐĞ ĨŽƐƚĞƌƐ ƉƌŽĨĞƐƐŝŽŶĂů ŐƌŽǁƚŚ ĂŶĚ ƉƌŽǀŝĚĞƐ ďĞŶĞĮƚƐ ƐƵĐŚ ĂƐ ƐŚĂƌŝŶŐ ƚĞĂĐŚŝŶŐ ƚĞĐŚŶŝƋƵĞƐ ĂŶĚ ƉŚŝůŽƐŽƉŚŝĞƐ͘ /Ŷ ϮϬϭϳ͕ ƚŚĞ ŽďƐĞƌǀĂƟŽŶ ƉƌŽĐĞƐƐ ǁĂƐ ƌĞǀŝĞǁĞĚ ĂŶĚ ƵƉĚĂƚĞĚ ƚŽ ƌĞŇĞĐƚ ƐƚƌŽŶŐĞƌ ůŝŶŬƐ ƚŽ ƚŚĞ <ĞLJ ǀĂůƵĂƟŽŶ YƵĞƐƟŽŶƐ ;ƐƉĞĐŝĮĐ ƚŽ ǁŚĂƚ ŚĂƉƉĞŶƐ ŝŶ ƚŚĞ ůĞĂƌŶŝŶŐ ĞŶǀŝƌŽŶŵĞŶƚͿ ƐĞƚ ďLJ E Y ͘ ª ͚DĞĞƟŶŐ EĞĞĚƐ͛ ƚƌĂŝŶŝŶŐ ĂŶĚ ǁŽƌŬƐŚŽƉƐ ǁĞƌĞ ƉƌŽǀŝĚĞĚ ƚŚƌŽƵŐŚŽƵƚ ƚŚĞ LJĞĂƌ ĂƐ ƌĞƋƵŝƌĞĚ ďLJ &ĂĐƵůƟĞƐ͕ ^ĐŚŽŽůƐ ĂŶĚ ŝŶĚŝǀŝĚƵĂů ƐƚĂī͘ KĨ ƉĂƌƟĐƵůĂƌ ŶŽƚĞ ǁĞƌĞ ƚŚĞ ͚sŽĐĂƟŽŶĂů WĂƚŚǁĂLJƐ >ŝƚĞƌĂĐLJ ĂŶĚ EƵŵĞƌĂĐLJ ĞǀĞůŽƉŵĞŶƚ͛ ǁŽƌŬƐŚŽƉƐ͕ ĂƩĞŶĚĞĚ ďLJ ƐƚĂī ĨƌŽŵ Ă ƌĂŶŐĞ ŽĨ ĂƌĞĂƐ͘

^ĐŚŽŽů ŽĨ EƵƌƐŝŶŐ ƐƚĂī ;ĨƌŽŵ ůĞŌͿ ŶĚƌĞĂ <ŶŽǁůĞƌ͕ <ĂƌLJŶ DĂĚĚĞŶ͕ DĂƌLJ DĐDŝůůĂŶ͕ DƵƌƌĂLJ ^ƚƌĂƚŚĞĂƌŶ ĂŶĚ :Ž ZŚŽĚĞƐ


ANNUAL REPORT 2017

STAFF DEVELOP 70 NEW PROGRAMMES WITH SUPPORT FROM INDUSTRY dŚƌŽƵŐŚŽƵƚ ϮϬϭϳ ƐƚĂī ĚĞǀĞůŽƉĞĚ ĂŶĚ ƌĞĐĞŝǀĞĚ ĂƉƉƌŽǀĂů ĂŶĚ ĂĐĐƌĞĚŝƚĂƟŽŶ ĨƌŽŵ ƚŚĞ EĞǁ ĞĂůĂŶĚ YƵĂůŝĮĐĂƟŽŶƐ ƵƚŚŽƌŝƚLJ ĨŽƌ ŽǀĞƌ ϳϬ ŶĞǁ ĂŶĚ ƌĞƉůĂĐĞŵĞŶƚ ĚŝƉůŽŵĂ ĂŶĚ ĐĞƌƟĮĐĂƚĞ programmes, 18 more programmes than the previous year. ůů ŽĨ ƚŚĞ ƉƌŽŐƌĂŵŵĞƐ ǁĞƌĞ ďĂĐŬĞĚ ďLJ ƐŝŐŶŝĮĐĂŶƚ ƌĞŐŝŽŶĂů ĂŶĚ ŶĂƟŽŶĂů ŝŶĚƵƐƚƌLJ ƐƵƉƉŽƌƚ͕ ďŽƚŚ ƚŚƌŽƵŐŚ ƚŚĞ ^/d ĚǀŝƐŽƌLJ ŽŵŵŝƩĞĞ ŵĞĐŚĂŶŝƐŵ ĂŶĚ ƚŚƌŽƵŐŚ ŽƚŚĞƌ ŝŶĚƵƐƚƌLJ ƐƵƉƉŽƌƚ͘ ZĞĂƐŽŶƐ ĨŽƌ ƚŚĞ ĐŽŶƟŶƵŝŶŐ ĚĞǀĞůŽƉŵĞŶƚ ŽĨ ŽƵƌ ƉŽƌƞŽůŝŽ ŽĨ programmes were: ª ZĞĚĞǀĞůŽƉŵĞŶƚ ŽĨ ĞdžŝƐƟŶŐ ƉƌŽŐƌĂŵŵĞƐ ƚŽ ŵĞĞƚ ƚŚĞ requirements of NZQA in the Targeted Review of YƵĂůŝĮĐĂƟŽŶƐ ;dZKYͿ ƉƌŽĐĞƐƐ ª Development of new programmes to meet local industry needs ª ĞǀĞůŽƉŵĞŶƚ ŽĨ ƉƌŽŐƌĂŵŵĞƐ ĨŽƌ ƚŚĞ ŶĞǁ ƵĂůWĂƚŚǁĂLJƐ WŝůŽƚ ^ĐŚĞŵĞ d ͬDK ŝŶŝƟĂƟǀĞ ǁŚŝĐŚ ĐŽŵŵĞŶĐĞĚ ŝŶ &ĞďƌƵĂƌLJ ϮϬϭϳ

PROFESSOR GLASS OCCUPATIONAL HEALTH AND SAFETY COLLECTION PRESENTED TO SIT

STAFF FOCUS

SIT SUPPORTS OUR PACIFIC NEIGHBOURS IN VANUATU dŚŝƐ LJĞĂƌ <ĂƌĞŶ ^ƵƚŚĞƌůĂŶĚ͕ ^/d͛Ɛ ĚŵŝŶŝƐƚƌĂƟŽŶ DĂŶĂŐĞƌ͕ ǀŝƐŝƚĞĚ sĂŶƵĂƚƵ ƚŽ ƐƵƉƉŽƌƚ ŽƵƌ WĂĐŝĮĐ ŶĞŝŐŚďŽƵƌƐ ĨŽůůŽǁŝŶŐ ƚŚĞ ĚĞǀĂƐƚĂƟŽŶ ŝŶŇŝĐƚĞĚ ŽŶ ƚŚĞŝƌ ĐŽŵŵƵŶŝƚLJ ďLJ ĐLJĐůŽŶĞƐ and other climate-related events. Karen was able to travel ƚŽ sĂŶƵĂƚƵ ĂƐ Ă ƌĞƐƵůƚ ŽĨ ďĞŝŶŐ ĂǁĂƌĚĞĚ ƚŚĞ ^/d džĐĞůůĞŶĐĞ ŝŶ ůůŝĞĚ ^ĞƌǀŝĐĞ ǁĂƌĚ ŝŶ ϮϬϭϱ ĨŽƌ ŚĞƌ ĞdžĐĞůůĞŶĐĞ ŝŶ ĐƵƐƚŽŵĞƌ ƐĞƌǀŝĐĞ͕ ƚĞĂŵǁŽƌŬ͕ ŝŶŶŽǀĂƟŽŶ͕ ǁŽƌŬ ĞƚŚŝĐ ĂŶĚ professionalism. The award provided Karen with the ŽƉƉŽƌƚƵŶŝƚLJ ĨŽƌ ƉƌŽĨĞƐƐŝŽŶĂů ĚĞǀĞůŽƉŵĞŶƚ ǁŚŝĐŚ ƐŚĞ ƵƐĞĚ ͞ƚŽ ŐŝǀĞ ƐŽŵĞƚŚŝŶŐ ďĂĐŬ ƚŽ ƚŚĞ sĂŶƵĂƚƵ ĐŽŵŵƵŶŝƚLJ͘͟ Karen visited local primary schools in Vanuatu and delivered ƐƚĂƟŽŶĞƌLJ ĚŽŶĂƚĞĚ ďLJ ^/d ƐƚĂī ĂŶĚ ƐƚƵĚĞŶƚƐ͕ ĂƐ ǁĞůů ĂƐ ƌĞůĞǀĂŶƚ ĐŽŵƉŽŶĞŶƚƐ ŽĨ ƚŚĞ ^/d < ĞĚƵĐĂƟŽŶĂů ƉƌŽŐƌĂŵŵĞ comprising teaching resources of workbooks and videos ĚĞǀĞůŽƉĞĚ ďLJ ^/d͘ <ĂƌĞŶ ĂůƐŽ ƉƌŽǀŝĚĞĚ ƐƚƵīĞĚ ĂŶŝŵĂůƐ ĨŽƌ ƚŚĞ ĐŚŝůĚƌĞŶ ŝŶ ƚŚĞ ŝƐůĂŶĚ͛Ɛ ŚŽƐƉŝƚĂů͘ ͞/ƚ ǁĂƐ Ă ƌĞǁĂƌĚŝŶŐ ĂŶĚ ŚƵŵďůŝŶŐ ĞdžƉĞƌŝĞŶĐĞ ƐĞĞŝŶŐ ƚŚĞ ũŽLJ ŽŶ ƚŚĞ ƐƚƵĚĞŶƚƐ͛ ĨĂĐĞƐ͕͟ Karen said. Karen’s purpose in undertaking this project was to support the ƉĞŽƉůĞ ŽĨ sĂŶƵĂƚƵ ĨŽůůŽǁŝŶŐ ƚŚĞ ĚĞǀĂƐƚĂƟŽŶ ǁŚŝĐŚ ĂīĞĐƚĞĚ ĂůŵŽƐƚ ƚŚĞ ĞŶƟƌĞ ƉŽƉƵůĂƟŽŶ͕ ǁŝƚŚ ďƵŝůĚŝŶŐƐ͕ ŚŽŵĞƐ ĂŶĚ schools damaged or destroyed. Karen said that she had always ĂƉƉƌĞĐŝĂƚĞĚ ƚŚĞ ŽƉƉŽƌƚƵŶŝƚLJ ƚŽ ĐŽŶƟŶƵĞ ŚĞƌ ĞĚƵĐĂƟŽŶ ǁŝƚŚ ^/d͕ ĂŶĚ ƐŚĞ ĨĞůƚ ŝƚ ǁĂƐ ƟŵĞ ƚŽ ŐŝǀĞ ďĂĐŬ ĂŶĚ ƐŚĂƌĞ ƐŽŵĞ ŽĨ SIT’s resources to support the Vanuatu community. Karen said ƚŚĂƚ ƚŚĞ ƐƚĂƟŽŶĞƌLJ ǁĂƐ ǀĞƌLJ ǁĞůů ƌĞĐĞŝǀĞĚ ĂŶĚ ƚŚĂƚ ƐŚĞ ǁŽƵůĚ ůŝŬĞ ƚŽ ƌĞƚƵƌŶ ƚŽ ƚŚĞ ŝƐůĂŶĚƐ ĂŶĚ ƉƌŽǀŝĚĞ ŵŽƌĞ ƐƚĂƟŽŶĞƌLJ ĨŽƌ ƚŚĞ ĐŽŵŵƵŶŝƚLJ͕ ĂŶĚ ƚƌLJ ƚŽ ǀŝƐŝƚ ƚŚĞ ŽƵƚĞƌ ǀŝůůĂŐĞƐ ŶĞdžƚ ƟŵĞ͘ ͞/ ǁŽƵůĚ ůŝŬĞ ƚŽ ŐŝǀĞ ŽƚŚĞƌƐ ƚŚĞ ŽƉƉŽƌƚƵŶŝƟĞƐ ƚŽ ůĞĂƌŶ͘ /ƚ ŝƐ ƟŵĞ ƚŽ ŐŝǀĞ ďĂĐŬ ĂŶĚ ƐŚĂƌĞ ƐŽŵĞ ŽĨ ƚŚĞ ƌĞƐŽƵƌĐĞƐ ǁĞ ŚĂǀĞ ĂǀĂŝůĂďůĞ͘͟

SIT was honoured in June 2017 to be presented with the WƌŽĨĞƐƐŽƌ 'ůĂƐƐ KĐĐƵƉĂƟŽŶĂů ,ĞĂůƚŚ ĂŶĚ ^ĂĨĞƚLJ ŽůůĞĐƟŽŶ ƚŽ ďĞ ŚŽƵƐĞĚ ŝŶ ƚŚĞ ^/d >ŝďƌĂƌLJ͘ dŚŝƐ ŝƐ Ă ƵŶŝƋƵĞ ĐŽůůĞĐƟŽŶ ŽĨ ƚŚĞ ƉƌŽĨĞƐƐŽƌ͛Ɛ ƉƵďůŝƐŚĞĚ ƉĂƉĞƌƐ͕ ƌĞƉŽƌƚƐ͕ ŝŶǀĞƐƟŐĂƟŽŶƐ͕ ůĞƩĞƌƐ and photographs covering the period from 1944 onwards. WƌŽĨĞƐƐŽƌ 'ůĂƐƐ ŝƐ Ă ǁŽƌůĚͲƌĞŶŽǁŶĞĚ KĐĐƵƉĂƟŽŶĂů ,ĞĂůƚŚ ĞdžƉĞƌƚ ŚĂǀŝŶŐ ǁŽƌŬĞĚ ĨŽƌ ŽǀĞƌ ϲϬ LJĞĂƌƐ ŝŶ ƚŚĞ ĮĞůĚ ŝŶ ďŽƚŚ the private and public sectors in New Zealand, the United Kingdom and Malaysia. He is a facilitator for the SIT Diploma ŝŶ KĐĐƵƉĂƟŽŶĂů ,ĞĂůƚŚ ĂŶĚ ^ĂĨĞƚLJ ĚŝƐƚĂŶĐĞ ƉƌŽŐƌĂŵŵĞ ĂŶĚ ŚĂƐ ŵĂĚĞ ĂŶ ŽƵƚƐƚĂŶĚŝŶŐ ĐŽŶƚƌŝďƵƟŽŶ ƚŽ ƚŚĞ ƉƌŽŐƌĂŵŵĞ͛Ɛ development. WƌŽĨĞƐƐŽƌ 'ůĂƐƐ ŚĂƐ ďĞĞŶ ƌĞĨĞƌƌĞĚ ƚŽ ĂƐ ƚŚĞ ĨĂƚŚĞƌ ŽĨ ŽĐĐƵƉĂƟŽŶĂů ŚĞĂůƚŚ ŝŶ EĞǁ ĞĂůĂŶĚ ĂŶĚ ŝƐ ƌĞĐŽŐŶŝnjĞĚ ďLJ ƚŚĞ ƵƐƚƌĂůĂƐŝĂŶ ŽůůĞŐĞ ŽĨ WŚLJƐŝĐŝĂŶƐ͕ ůŝŶŬŝŶŐ ŚŝƐ ŶĂŵĞ ǁŝƚŚ ƚŚĂƚ ŽĨ WƌŽĨĞƐƐŽƌ ĂǀŝĚ &ĞƌŐƵƐŽŶ͕ ŚŝƐ ƵƐƚƌĂůŝĂŶ ĐŽƵŶƚĞƌƉĂƌƚ ŝŶ ĂŶ ĂŶŶƵĂů ŶĂŵĞĚ ŽƌĂƟŽŶ ;dŚĞ &ĞƌŐƵƐŽŶͬ 'ůĂƐƐ ŽƌĂƟŽŶͿ͘ ŚŝĞĨ džĞĐƵƟǀĞ WĞŶŶLJ ^ŝŵŵŽŶĚƐ ƌĞĐĞŝǀĞĚ ƚŚĞ ĐŽůůĞĐƟŽŶ ĨƌŽŵ WƌŽĨĞƐƐŽƌ ŝůů 'ůĂƐƐ Ăƚ Ă ƐƉĞĐŝĂů ĐĞƌĞŵŽŶLJ ǁŚŝĐŚ ǁĂƐ ĂƩĞŶĚĞĚ ďLJ /ŶǀĞƌĐĂƌŐŝůů͛Ɛ DĂLJŽƌ dŝŵ ^ŚĂĚďŽůƚ͕ ƐƚĂī ĂŶĚ ŵĞŵďĞƌƐ ŽĨ ƚŚĞ ^ŽƵƚŚůĂŶĚ ĐŽŵŵƵŶŝƚLJ͘ ƚ ƚŚĞ ĐĞƌĞŵŽŶLJ WƌŽĨĞƐƐŽƌ 'ůĂƐƐ ĂĚĚƌĞƐƐĞĚ ĂƩĞŶĚĞĞƐ ǁŝƚŚ Ă ƐƉĞĐŝĂů ƉƌĞƐĞŶƚĂƟŽŶ ͞ϲϬ zĞĂƌƐ ŽĨ KĐĐƵƉĂƟŽŶĂů ,ĞĂůƚŚ ĂŶĚ ^ĂĨĞƚLJ ʹ >ĞƐƐŽŶƐ >ĞĂƌŶƚ͘͟

DĂLJŽƌ dŝŵ ^ŚĂĚďŽůƚ ĂŶĚ WƌŽĨĞƐƐŽƌ ŝůů 'ůĂƐƐ Ăƚ ƉƌĞƐĞŶƚĂƟŽŶ ŽĨ WƌŽĨĞƐƐŽƌ 'ůĂƐƐ ŽůůĞĐƟŽŶ ƚŽ ƚŚĞ ^/d >ŝďƌĂƌLJ

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STAFF FOCUS

AUTOMOTIVE TUTOR CRAIG POPHAM WINS SIT EXCELLENCE IN TERTIARY TEACHING AWARD

ANNUAL REPORT 2017

ALLIED STAFF EXCELLENCE AWARD PRESENTED TO DEBBIE RUWHIU

dŚĞ ĂŶŶƵĂů džĐĞůůĞŶĐĞ ŝŶ dĞƌƟĂƌLJ dĞĂĐŚŝŶŐ ǁĂƌĚ ǁĂƐ ƉƌĞƐĞŶƚĞĚ ƚŽ ƌĂŝŐ WŽƉŚĂŵ ĨƌŽŵ ƚŚĞ ƵƚŽŵŽƟǀĞ ^ĞĐƟŽŶ ŽĨ ƚŚĞ dƌĂĚĞƐ ĂŶĚ dĞĐŚŶŽůŽŐLJ &ĂĐƵůƚLJ ŝŶ ĞĐĞŵďĞƌ ϮϬϭϳ͘ ƌĂŝŐ ǁĂƐ ƌĞĐŽŐŶŝƐĞĚ ĨŽƌ ŚŝƐ ƚĞĂĐŚŝŶŐ ĞdžĐĞůůĞŶĐĞ ŝŶ ĐůĂƐƐƌŽŽŵ ĂŶĚ ǁŽƌŬƐŚŽƉ ƉƌĂĐƟĐĞ͕ ĂŶĚ ŚŝƐ ĐŽŶƐŝƐƚĞŶƚ ǁŝůůŝŶŐŶĞƐƐ ƚŽ ƐŚĂƌĞ ŬŶŽǁůĞĚŐĞ ĂŶĚ ĞdžƉĞƌƟƐĞ ĂŶĚ ĂƐƐŝƐƚ ŽƚŚĞƌƐ ŝŶ ŚŝƐ ƐĞĐƟŽŶ ĂŶĚ ŝŶ the faculty. ƌĂŝŐ͛Ɛ ƉŚŝůŽƐŽƉŚLJ ŽĨ ƚĞĂĐŚŝŶŐ͕ ďĂƐĞĚ ĂƌŽƵŶĚ ĐŽŶŶĞĐƟŶŐ ĂŶĚ engaging with his students, gaining their respect, and applying ŇĞdžŝďŝůŝƚLJ ƚŽ ǁŚĂƚĞǀĞƌ ůĞĂƌŶŝŶŐ ũŽƵƌŶĞLJ ƚŚĞLJ ĂƌĞ ƵŶĚĞƌƚĂŬŝŶŐ͕ ŚĂƐ ďĞĞŶ ƚŚĞ ĚƌŝǀŝŶŐ ĨĂĐƚŽƌ ĐŽŶƚƌŝďƵƟŶŐ ƚŽ ƚŚĞ ƐƵĐĐĞƐƐĨƵů achievement of his students. ƌĂŝŐ ŚĂƐ ĂŶ ĞdžĐĞƉƟŽŶĂů ĂďŝůŝƚLJ ƚŽ ĞŶŐĂŐĞ ƐƚƵĚĞŶƚƐ Ăƚ ƐĞĐŽŶĚĂƌLJ ƐĐŚŽŽů ůĞǀĞů ŝŶ ƚŚĞ ,ŽŬŽŶƵŝ dĞƌƟĂƌLJ ,ŝŐŚ ^ĐŚŽŽů ǁŚŝĐŚ ŇŽǁƐ ƚŚƌŽƵŐŚ ƚŽ ŚŝƐ ƚĞĂĐŚŝŶŐ ĂƌĞĂƐ ŝŶ ƚŚĞ ƉƌĞͲƚƌĂĚĞ ĂŶĚ ŚŝŐŚĞƌ ůĞǀĞů ƉƌŽŐƌĂŵŵĞƐ ǁŝƚŚŝŶ ƚŚĞ ĂƵƚŽŵŽƟǀĞ ƐĞĐƟŽŶ͘ ƌĂŝŐ ŵĂŬĞƐ ŵĂdžŝŵƵŵ ƵƐĞ ŽĨ ƌĞŇĞĐƟǀĞ ƉƌĂĐƟĐĞ ĨƌŽŵ LJĞĂƌ ƚŽ LJĞĂƌ ƚŚƌŽƵŐŚ ŚŝƐ ǁĞůůͲŽƌŐĂŶŝƐĞĚ ŵĂƉƉŝŶŐ ƉƌŽĐĞƐƐĞƐ ǁŚŝĐŚ ŝĚĞŶƟĨLJ ŝŵƉƌŽǀĞŵĞŶƚƐ ŝŶ ƚĞĂĐŚŝŶŐ͕ ĂƐƐĞƐƐŵĞŶƚ ĂŶĚ ŵŽĚĞƌĂƟŽŶ ĨŽƌ ƚŚĞ ĨŽůůŽǁŝŶŐ LJĞĂƌ͘ ƌĂŝŐ ŚĂƐ ĞdžƚĞŶƐŝǀĞ ŬŶŽǁůĞĚŐĞ ĂŶĚ ĞdžĐĞůůĞŶƚ ƌĞƐŽƵƌĐĞƐ ĨŽƌ ŝŵƉůĞŵĞŶƟŶŐ ůŝƚĞƌĂĐLJ ĂŶĚ ŶƵŵĞƌĂĐLJ ĞŵďĞĚĚŝŶŐ ƉƌĂĐƟĐĞƐ ŝŶ >ĞǀĞů ϭͲϯ ƉƌŽŐƌĂŵŵĞƐ ĂŶĚ ŚĂƐ ƐƵĐĐĞƐƐĨƵůůLJ ŵĞŶƚŽƌĞĚ ĨĞůůŽǁ ƐƚĂī ŝŶ ƚŚŝƐ ŝŵƉŽƌƚĂŶƚ ĂƌĞĂ ŽĨ ƚĞĂĐŚŝŶŐ ƉƌĂĐƟĐĞ͘

dŚĞ ϮϬϭϳ ůůŝĞĚ ^ƚĂī džĐĞůůĞŶĐĞ ǁĂƌĚ ǁĂƐ ĂǁĂƌĚĞĚ ƚŽ ĞďďŝĞ ZƵǁŚŝƵ͕ ^ƚĂī ĞǀĞůŽƉŵĞŶƚ ĚƵĐĂƚŽƌ ŽĨ ƚŚĞ ĐĂĚĞŵŝĐ ^ƵƉƉŽƌƚ Unit. WĂƌƚ ŽĨ ĞďďŝĞ͛Ɛ ƌŽůĞ ŝŶĐůƵĚĞƐ ŽǀĞƌƐĞĞŝŶŐ ĂŶĚ ƌĞǀŝĞǁŝŶŐ the embedding of literacy and numeracy into all Level 1-3 programmes at SIT. This includes the important work of ĂƐƐŝƐƟŶŐ ŶĞǁ ƚƵƚŽƌƐ ǁŝƚŚ ĞŵďĞĚĚŝŶŐ ƉƌŽĐĞƐƐĞƐ ĂŶĚ ƵƐŝŶŐ ƚŚĞ Adult Assessment Tool. ĞďďŝĞ͛Ɛ ŬĞLJ ŐŽĂů ŚĂƐ ďĞĞŶ ƚŽ ŵĂŬĞ Ă ƉŽƐŝƟǀĞ ĚŝīĞƌĞŶĐĞ Ăƚ ^/d͕ ĂŶĚ ƐŚĞ ŚĂƐ ďĞĞŶ ƉƌŽĂĐƟǀĞ ŝŶ ĚĞƐŝŐŶŝŶŐ ĂŶĚ ĚĞǀĞůŽƉŝŶŐ new systems and processes not only in literacy and numeracy ďƵƚ ĂůƐŽ ŝŶ ŚĞƌ ĞdžƉƌĞƐƐĞĚ ŐŽĂů ƚŽ ƌĂŝƐĞ DĂŽƌŝ ƐƚƵĚĞŶƚƐ͛ ĂĐŚŝĞǀĞŵĞŶƚ͘ ĞďďŝĞ ŚĂƐ ŵĂĚĞ Ă ƐŝŐŶŝĮĐĂŶƚ ĐŽŶƚƌŝďƵƟŽŶ in this area through her work with tutors around Hoake ;ĐƵůƚƵƌĂůůLJ ƌĞƐƉŽŶƐŝǀĞ ƉƌĂĐƟĐĞͿ͕ ƚŚĞ ĚĞǀĞůŽƉŵĞŶƚ ŽĨ dĞ ǁĂ WŽƵŶĂŵƵ ;DĂŽƌŝ ĚǀŝƐŽƌLJ ŽŵŵŝƩĞĞͿ ĂŶĚ ƚŚĞ ĚĞǀĞůŽƉŵĞŶƚ ŽĨ dĞ ǁĂ ZĂƵ ;DĂŽƌŝ ŵĞŶƚŽƌŝŶŐ ƉƌŽũĞĐƚͿ͘ Debbie was nominated for the award because of her ƐƚƌŽŶŐ ĐŽŶƚƌŝďƵƟŽŶ ƚŽ Ăůů ƚŚĞ ĐĂƚĞŐŽƌŝĞƐ ǁŚŝĐŚ ƚŚĞ ĂǁĂƌĚ ƌĞĐŽŐŶŝƐĞƐ ƐƵĐŚ ĂƐ ƚĞĂŵ ŝŶǀŽůǀĞŵĞŶƚ͕ ŝŶŶŽǀĂƟŽŶ͕ ǁŽƌŬ ĞƚŚŝĐ͕ ƉƌŽĨĞƐƐŝŽŶĂůŝƐŵ ĂŶĚ ŵĂŬŝŶŐ Ă ĚŝīĞƌĞŶĐĞ͘ ĞďďŝĞ ŚŽůĚƐ Ă ǁĞĂůƚŚ ŽĨ ŬŶŽǁůĞĚŐĞ͕ ďŽƚŚ ŽĨ ƚĞƌƟĂƌLJ ĞĚƵĐĂƟŽŶ ĂŶĚ ŽĨ ^/d ĂƐ ĂŶ ŽƌŐĂŶŝƐĂƟŽŶ͕ ĂŶĚ ƐŚĞ ĨƌĞĞůLJ ŐŝǀĞƐ ĂĚǀŝĐĞ ĂŶĚ ƐƵƉƉŽƌƚ ƚŽ ŽƚŚĞƌ ƐƚĂī ŝŶ ƚŚĞ ĨƵůĮůŵĞŶƚ ŽĨ ƚŚĞŝƌ ƌŽůĞƐ͘ ĞďďŝĞ ŝƐ ŝŶŶŽǀĂƟǀĞ͕ ƐŚĞ ƉƌŽĂĐƟǀĞůLJ ƐĞĞŬƐ ŽƉƉŽƌƚƵŶŝƟĞƐ ƚŽ ƐƚƌĞŶŐƚŚĞŶ ĂŶĚ ďƵŝůĚ ƌĞůĂƟŽŶƐŚŝƉƐ ĂĐƌŽƐƐ Ăůů ƐƚĂŬĞŚŽůĚĞƌƐ͕ ĂŶĚ ŚĞƌ ǁŽƌĚƐ ĂŶĚ ĂĐƟŽŶƐ ƌĞŇĞĐƚ ŚĞƌ ƉƌŽĨĞƐƐŝŽŶĂů ĂƉƉƌŽĂĐŚ ƚŽ ŚĞƌ ƌŽůĞ͘


ANNUAL REPORT 2017

SEED ADVANCED GRANT AWARDED TO FILM TUTOR PATRICK GILLIES

STAFF FOCUS

ENVIRONMENTAL TUTOR SELECTED FOR UN CLIMATE CHANGE CONFERENCE

The New Zealand Writers’ Guild awarded a Seed Advanced 'ƌĂŶƚ ŽĨ ΨϭϮ͕ϱϬϬ ƚŽ ^/d &ŝůŵ dƵƚŽƌ WĂƚƌŝĐŬ 'ŝůůŝĞƐ ŝŶ EŽǀĞŵďĞƌ͘ dŚĞ ŐƌĂŶƚ ŝƐ ĨŽƌ ĞdžƉĞƌŝĞŶĐĞĚ ǁƌŝƚĞƌƐ ǁŝƚŚ Ăƚ ůĞĂƐƚ ŽŶĞ ĐƌĞĚŝƚ ĂƐ Ă ĚŽĐƵŵĞŶƚĂƌLJ Žƌ ŶĂƌƌĂƟǀĞ ǁƌŝƚĞƌ͕ ǁŚŽ ŚĂǀĞ ĐƌĞĂƚĞĚ ŵŽƌĞ than 90 minutes broadcast/theatrical material produced by a ƌĞĐŽŐŶŝƐĞĚ ƉƌŽĚƵĐƟŽŶ ĐŽŵƉĂŶLJ͕ ƉůĂƞŽƌŵ Žƌ ĂƵƚŚŽƌŝƚLJ͘ The New Zealand Writers’ Guild assessors were impressed by the high standard of originality and voice by the top ĐŽŶƚĞŶĚĞƌƐ͕ ǁŚŝĐŚ ŵĂĚĞ ƚŚĞ ƐĞůĞĐƟŽŶ ŽĨ ƚŚĞ ŐƌĂŶƚ ƌĞĐŝƉŝĞŶƚƐ Ă ĐŚĂůůĞŶŐĞ͘ WĂƚƌŝĐŬ ƌĞĐĞŝǀĞĚ ƚŚĞ ŐƌĂŶƚ ƚŽ ĚĞǀĞůŽƉ ŚŝƐ ĨĞĂƚƵƌĞ Įůŵ ƐĐƌŝƉƚ ǁŚŝĐŚ ŝŶĐůƵĚĞĚ ΨϮ͕ϱϬϬ ĨŽƌ ĨƵƌƚŚĞƌ ĚĞǀĞůŽƉŵĞŶƚ ŽĨ ƚŚĞ Įůŵ ƐĐƌŝƉƚ ĨŽƌ ŝƚĞŵƐ ƐƵĐŚ ĂƐ ǁŽƌŬƐŚŽƉƐ͕ ƚĂďůĞ ƌĞĂĚƐ͕ ƌĞƐĞĂƌĐŚ ĂŶĚ ŵƵůƟƉůĞ ƐĐƌŝƉƚ ĐŽŶƐƵůƚĂŶƚƐ͘ WĂƚƌŝĐŬ 'ŝůůŝĞƐ͛ Įůŵ ƐĐƌŝƉƚ͕ ƟƚůĞĚ ͚DĂĚ ŽǁƐ͕͛ ŝƐ ĐĞŶƚƌĞĚ ĂƌŽƵŶĚ Ă ĚLJƐĨƵŶĐƟŽŶĂů ƵĐŬůĂŶĚ ĨĂŵŝůLJ ǁŚŽ ŵƵƐƚ ůĞĂƌŶ ƚŽ ǁŽƌŬ together if they are able to survive a road-trip through the Southland countryside infested with marauding mutant cows.

^/d ĞŶǀŝƌŽŶŵĞŶƚĂů ƚƵƚŽƌ ƌ ŶŶĂ WĂůůŝƐĞƌ ǁĂƐ ƐĞůĞĐƚĞĚ ƚŽ ƌĞƉƌĞƐĞŶƚ ƚŚĞ /ŶƚĞƌŶĂƟŽŶĂů ŶǀŝƌŽŶŵĞŶƚĂů ŽŵŵƵŶŝĐĂƟŽŶ ƐƐŽĐŝĂƟŽŶ Ăƚ ƚŚĞ hŶŝƚĞĚ EĂƟŽŶƐ ;hEͿ ůŝŵĂƚĞ ŚĂŶŐĞ Conference in Bonn, Germany in November 2017. The SIT ZĞƐĞĂƌĐŚ ŽŵŵŝƩĞĞ ƉƌŽǀŝĚĞĚ ĨƵŶĚŝŶŐ ĨŽƌ ŶŶĂ ƚŽ ŚĞůƉ ĐŽǀĞƌ ƉĂƌƚ ŽĨ ŚĞƌ ĐŽƐƚƐ ƚŽ ĂƩĞŶĚ ƚŚĞ ĐŽŶĨĞƌĞŶĐĞ͘ ŶŶĂ ĂƩĞŶĚĞĚ ƚŚĞ /ŶƚĞƌŶĂƟŽŶĂů ŶǀŝƌŽŶŵĞŶƚĂů ŽŵŵƵŶŝĐĂƟŽŶ ƐƐŽĐŝĂƟŽŶ ;/ Ϳ ďŝĞŶŶŝĂů ĐŽŶĨĞƌĞŶĐĞ ŝŶ ƚŚĞ United Kingdom in June 2017 and presented two papers she had been working on with Unitec research partner Dr Giles ŽĚƐŽŶ͘ tŚŝůĞ Ăƚ ƚŚĞ / ŽŶĨĞƌĞŶĐĞ͕ ŶŶĂ ǁĂƐ ŽŶĞ ŽĨ ĨŽƵƌ ŵĞŵďĞƌƐ ĐŚŽƐĞŶ ƚŽ ďĞ Ă ƌĞƉƌĞƐĞŶƚĂƟǀĞ Ăƚ ƚŚĞ hE ůŝŵĂƚĞ Change Conference. Anna said that watching the world leaders thrash out strategies on how to deal with the issue of climate change would provide plenty of material for her teaching at SIT, and would provide her with the opportunity to talk about what was happening in New Zealand and Southland in terms of ŝŶŝƟĂƟǀĞƐ ƚŽ ŵĞĞƚ ƚŚĞ WĂƌŝƐ ŐƌĞĞŵĞŶƚ͘

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ANNUAL REPORT 2017

STAFF FOCUS

RESEARCH COLLABORATION BETWEEN SIT AND THE AUSTRALIAN NATIONAL UNIVERSITY ƌ ^ĂůůLJ ŽĚŬŝŶͲ ůůĞŶ͕ WƌŽŐƌĂŵŵĞ DĂŶĂŐĞƌ ĨŽƌ ^/d͛Ɛ ^ĐŚŽŽů ŽĨ DƵƐŝĐ͕ ǁĂƐ ŝŶǀŝƚĞĚ ƚŽ ďĞ Ă sŝƐŝƟŶŐ ZĞƐĞĂƌĐŚ &ĞůůŽǁ Ăƚ ƚŚĞ ^ĐŚŽŽů ŽĨ DƵƐŝĐ͕ ƵƐƚƌĂůŝĂŶ EĂƟŽŶĂů hŶŝǀĞƌƐŝƚLJ ; EhͿ ŝŶ ĂŶďĞƌƌĂ ŝŶ ϮϬϭϳ͘ ^ĂůůLJ ƐƉĞŶƚ ƚǁŽ ǁĞĞŬƐ ŝŵŵĞƌƐĞĚ ŝŶ ƚŚĞ DƵƐŝĐ ŶŐĂŐĞŵĞŶƚ WƌŽŐƌĂŵ ;D WͿ͕ ďĞŝŶŐ ŵĞŶƚŽƌĞĚ ďLJ ƚŚĞ ŝƌĞĐƚŽƌ ŽĨ ƚŚĞ D W͕ ƐƐŽĐŝĂƚĞ WƌŽĨĞƐƐŽƌ ^ƵƐĂŶ tĞƐƚ͘ dŚŝƐ ĨĞůůŽǁƐŚŝƉ ĂůůŽǁĞĚ ŚĞƌ ƚŽ ƐĞĞ ƚŚĞ D W ŝŶ ĂĐƟŽŶ ĂĐƌŽƐƐ Ă ŵƵůƟƚƵĚĞ ŽĨ ƐĞƫŶŐƐ ŝŶ ĂŶďĞƌƌĂ͘ tŚŝůĞ Ăƚ Eh ^ĂůůLJ ĐŽͲĚĞůŝǀĞƌĞĚ ƚǁŽ ƉƌĞƐĞŶƚĂƟŽŶƐ ǁŝƚŚ ^ƵƐĂŶ tĞƐƚ͘ dŚĞ ĮƌƐƚ ƉƌĞƐĞŶƚĂƟŽŶ ǁĂƐ ĂŶ Eh ^ĐŚŽŽů ŽĨ DƵƐŝĐ ZĞƐĞĂƌĐŚ ^ĞŵŝŶĂƌ ƟƚůĞĚ ͞ZĞĂĐŚŝŶŐ KƵƚ ĐƌŽƐƐ ƚŚĞ ŝƚĐŚ͗ ĚĞǀĞůŽƉŝŶŐ ĂŶĚ ƐƵƐƚĂŝŶŝŶŐ Ă ĐƌŽƐƐͲdĂƐŵĂŶ ŵƵƐŝĐĂů ŽƵƚƌĞĂĐŚ ĐŽůůĂďŽƌĂƟŽŶ͟ ĂŶĚ the second was part of the Scholar Musician Series delivered to postgraduate research students. dŚĞ D W ǁĂƐ ĚĞǀĞůŽƉĞĚ ďLJ ^ƵƐĂŶ tĞƐƚ ĂƐ ƉĂƌƚ ŽĨ ŚĞƌ ĚŽĐƚŽƌĂů ƌĞƐĞĂƌĐŚ ĂŶĚ ĨŽůůŽǁƐ ƚŚĞ ĐŽŶĐĞƉƚ ŽĨ ƐŽĐŝŽͲĂůƚƌƵŝƐƟĐ ŵƵƐŝĐ ŵĂŬŝŶŐ͘ dŚĞ ƉƌŽŐƌĂŵŵĞ ŝƐ ďƵŝůƚ ĂƌŽƵŶĚ ƚŚĞ DƵƐŝĐ KƵƚƌĞĂĐŚ WƌŝŶĐŝƉůĞ ;DKWͿ ǁŚŝĐŚ ĨŽĐƵƐĞƐ ŽŶ ƐŚĂƌĞĚ͕ ƐŽĐŝĂů ŵƵƐŝĐ ŵĂŬŝŶŐ ĂƐ Ă ŵĞĂŶƐ ŽĨ ƉƌŽŵŽƟŶŐ ǁĞůůͲďĞŝŶŐ ĂŶĚ ĞŶĐŽƵƌĂŐŝŶŐ ƉĂƌƟĐŝƉĂƟŽŶ͘ KŶĞ ĂƐƉĞĐƚ ƌĞůĂƚĞƐ ƚŽ ƚĂŬŝŶŐ ŐƌŽƵƉƐ ;ŽĨ ĐŚŝůĚƌĞŶ Žƌ ĂĚƵůƚƐͿ ŝŶƚŽ ƌĞƐƚ ŚŽŵĞƐ ƚŽ sing together with the elderly. Musical skills and knowledge are ĚĞǀĞůŽƉĞĚ ŝŶ ĐŽŶũƵŶĐƟŽŶ ǁŝƚŚ ƚŚĞ ƉƌŽŐƌĂŵ͕ ďƵƚ ĂƌĞ ďLJ ŶŽ ŵĞĂŶƐ the priority. &ŽůůŽǁŝŶŐ ŽŶ ĨƌŽŵ ^ĂůůLJ͛Ɛ ZĞƐĞĂƌĐŚ &ĞůůŽǁƐŚŝƉ͕ ĂŶ ŽŶŐŽŝŶŐ ĐŽůůĂďŽƌĂƟŽŶ ǁŝƚŚ ^ƵƐĂŶ tĞƐƚ ĂŶĚ ƚŚĞ Eh ŚĂƐ ďĞĞŶ ĞƐƚĂďůŝƐŚĞĚ͘ Outreach Singing is becoming established in Southland and in ϮϬϭϳ ĂŶ ĂƌĞĂ ŽĨ ĨŽĐƵƐ ĨŽƌ ^ĂůůLJ͛Ɛ ƌĞƐĞĂƌĐŚ ǁĂƐ ŽŶ ƚŚĞ ĞīĞĐƚ ŽŶ ĂŶ ŝŶĚŝǀŝĚƵĂů͛Ɛ ƐŝŶŐŝŶŐ ĐŽŶĮĚĞŶĐĞ ƚŚƌŽƵŐŚ ƉĂƌƟĐŝƉĂƟŽŶ ŝŶ KƵƚƌĞĂĐŚ Singing. Ɛ ƉĂƌƚ ŽĨ ƚŚĞŝƌ ŽŶŐŽŝŶŐ ĐŽůůĂďŽƌĂƟŽŶ ^ĂůůLJ ĂŶĚ ^ƵƐĂŶ ĐŽͲƉƌĞƐĞŶƚĞĚ on two more occasions in 2017: the Australia New Zealand ƐƐŽĐŝĂƟŽŶ ĨŽƌ DƵƐŝĐ ĚƵĐĂƟŽŶ ; E ZD Ϳ ĐŽŶĨĞƌĞŶĐĞ ŝŶ WĞƌƚŚ ŝŶ ^ĞƉƚĞŵďĞƌ ĂŶĚ ƚŚĞ ŝƐĂďŝůŝƚLJ DĂƩĞƌƐ ĐŽŶĨĞƌĞŶĐĞ ŝŶ ƵŶĞĚŝŶ in November. An Outreach Singing workshop with teachers at the DƵƐŝĐ ĚƵĐĂƟŽŶ EĞǁ ĞĂůĂŶĚ ŽƚĞĂƌŽĂ ;D E Ϳ ĐŽŶĨĞƌĞŶĐĞ ŝŶ tĞůůŝŶŐƚŽŶ ŝŶ KĐƚŽďĞƌ ǁĂƐ ĂůƐŽ ƉĂƌƚ ŽĨ ƚŚĞŝƌ ŽŶŐŽŝŶŐ ĐŽůůĂďŽƌĂƟŽŶ͘ dŚĞ ƚƌĂŶƐͲdĂƐŵĂŶ ƌĞůĂƟŽŶƐŚŝƉ ŝƐ ǀĞƌLJ ŝŵƉŽƌƚĂŶƚ ĨŽƌ ƚŚĞ ^ĐŚŽŽů ŽĨ DƵƐŝĐ Ăƚ ^/d͕ ĂŶĚ ǁŝůů ĐŽŶƟŶƵĞ ŝŶ ϮϬϭϴ͘


ANNUAL REPORT 2017

STAFF FOCUS

STAFF RESEARCH OUTPUTS 2017 WƵďůŝƐŚĞĚ ƉĂƉĞƌƐ ĂŶĚ ĂƌƟĐůĞƐ ŽĚŬŝŶͲ ůůĞŶ͕ ^͘ ;ϮϬϭϳͿ͘ dŚĞ ŽƵƚƌĞĂĐŚ ƐŝŶŐŝŶŐ ƐƚŽƌLJ ŝŶ Invercargill, Tune Me In͕ ϭϮ ;ϮͿ͕ ϭϱͲϭϳ͘ ĂƚŚĐĂƌƚ͕ ͘ ;ϮϬϭϳͿ͘ dŚĞ ĨĂďƌŝĐ ŽĨ ŝĚĞŶƟƚLJ͗ Ŷ ĞdžƉůŽƌĂƟŽŶ ŽĨ ŝƐŽůĂƟŽŶ͕ ŝŶŇƵĞŶĐĞ͕ ĂŶĚ ŝĚĞŶƟƚLJ ƚŚƌŽƵŐŚ ŐĂƌŵĞŶƚ ĚĞƐŝŐŶ ĂŶĚ ĐŽŶƐƚƌƵĐƟŽŶ͘ ŽŶƚĞdžƚ ϯϰ ;tŝŶƚĞƌ ϮϬϭϳͿ ϰϭͲϱϳ͘ ŽďďƐ͕ ^͘ ;ϮϬϭϳͿ͘ tŚLJ ƐŽŵĞ ŶƵƌƐĞ ĞĚƵĐĂƚŽƌƐ ĂƌĞ ƌĞůƵĐƚĂŶƚ ƚŽ ĨĂŝů students. Kai Tiaki, Ϯϯ ;ϭͿ͕ ϭϮͲϭϱ͘ DŽŶƚĂLJƌĞ͕ :͕͘ Θ ^ƉĂƌŬƐ͕ d͘ ;ϮϬϭϳͿ͘ /ŵƉŽƌƚĂŶƚ LJĞƚ ƵŶŶĞĐĞƐƐĂƌLJ͗ EƵƌƐŝŶŐ ƐƚƵĚĞŶƚƐ͛ ƉĞƌĐĞƉƟŽŶƐ ŽĨ ĂŶĂƚŽŵLJ ĂŶĚ physiology laboratory sessions. Teaching and Learning in Nursing͕ ϭϮ͕ ϮϭϲͲϮϭϵ͘ ZĞƚƌŝĞǀĞĚ ĨƌŽŵ͗ ŚƩƉ͗ͬ​ͬĚdž͘ĚŽŝ͘ org/10.1016/j.teln.2017.03.009. WĂůůŝƐĞƌ͕ ͘ Θ ŽĚƐŽŶ͕ '͘ ;ϮϬϭϳͿ͘ hŶĐĞƌƚĂŝŶƚLJ͕ ĐŽŵƉůĞdžŝƚLJ ĂŶĚ controversy in dolphin threat management: A role for post-normal science? ŶǀŝƌŽŶŵĞŶƚĂů ^ĐŝĞŶĐĞ ĂŶĚ WŽůŝĐLJ, 78, 74-80. WŝĞŶĂĂƌ͕ ,͘:͕͘ WĂLJŶĞ͕ t͘K͕ Θ <ĞŝƚŚ͕ :͘>͘ ;ϮϬϭϳͿ͘ hƟůŝƐŝŶŐ ƚĞĐŚŶŽůŽŐLJ ĂŶĚ ŵƵƐĐůĞ ĂĐƟǀĂƟŽŶ ƉĂƩĞƌŶƐ ĨŽƌ improving sprint cycling performance. New Zealand Journal of Sport Medicine͕ ;ϰϰͿϭ͕ ϮϬͲϮϱ͘ ^ĐŚƵůĞƌ͕ ͘ ;ϮϬϭϳͿ DƵůƟ DĞĚŝĂ DĂƩĞƌƐ, Regular Column, Mudcakes and Roses, January-December 2017. Tasman District Council. Smith, H., McCarthy, C., Mann, S., Smith, L., Trounsen, R., &ůĂŶŶĂŐĂŶ͕ d͕͘ ZŽƵŶƚƌĞĞ͕ E͕͘ ŽĐŚƌĂŶĞ͕ d͕͘ ĚĞŶͲDĂŶŶ͕ W͕͘ Θ ^ƵƩŽŶ͕ <͘ ;ϮϬϭϳͿ͘ ZĂƉŝĚ DŽĚĞůůŝŶŐ WƌŽĐĞƐƐ ĨŽƌ ŽŶƐŝĚĞƌŝŶŐ ŽŵŵƵŶŝƚLJ ŽůůĂďŽƌĂƟŽŶƐ ŝŶ /d ĚƵĐĂƟŽŶ͘ WƌŽĐĞĞĚŝŶŐƐ ŽĨ ƚŚĞ ŽŵƉƵƟŶŐ ĂŶĚ /ŶĨŽƌŵĂƟŽŶ dĞĐŚŶŽůŽŐLJ ZĞƐĞĂƌĐŚ ĂŶĚ ĚƵĐĂƟŽŶ EĞǁ ĞĂůĂŶĚ ; /dZ E ϮϬϭϳͿ ŽŶĨĞƌĞŶĐĞ͘ ZĞƚƌŝĞǀĞĚ ĨƌŽŵ ŚƩƉ͗ͬ​ͬǁǁǁ͘ ĐŝƚƌĞŶnj͘ĂĐ͘ŶnjͬĐŽŶĨĞƌĞŶĐĞƐͬϮϬϭϳͬƉĚĨͬϮϬϭϳ /dZ E ͺϭͺ DĂŶŶͺ ŽŵŵƵŶŝƚLJ͘ƉĚĨ ^ǁĂŝŶ͕ E͘ Θ ŽĚŬŝŶͲ ůůĞŶ͕ ^͘ ;ϮϬϭϳͿ͘ ĞǀĞůŽƉŝŶŐ ƐŝŶŐŝŶŐ ĐŽŶĮĚĞŶĐĞ ŝŶ ĞĂƌůLJ ĐŚŝůĚŚŽŽĚ ƚĞĂĐŚĞƌƐ ƵƐŝŶŐ acceptance and commitment therapy and group singing: A randomized trial, ZĞƐĞĂƌĐŚ ^ƚƵĚŝĞƐ ŝŶ DƵƐŝĐ ĚƵĐĂƟŽŶ, ϯϵ ;ϭͿ͕ ϭϬϵͲϭϮϬ͘ ϭϬ͘ϭϭϳϳͬϭϯϮϭϭϬϯyϭϳϳϬϬϭϰϭ ZĂŵƐĂLJ͕ Z͘ Θ ZĂŵƐĂLJ͕ '͘ ;ϮϬϭϳͿ͘ dŚĞ ĞǀŽůƵƟŽŶ ĂŶĚ ĐŽŵƉŽƐŝƟŽŶĂů ĚĞǀĞůŽƉŵĞŶƚ ŽĨ ŶŐůŝƐŚ ƉŽƌĐĞůĂŝŶƐ from the 16th C to Lund’s Bristol c. 1750 and Worcester c. 1752 - the Golden Chain. Retrieved from www. bowporcelain.net/Bow%2030%20Manuscript%202017v7.pdf ZŚŽĚĞƐ͕ :͕͘ DĐDŝůůĂŶ͕ D͕͘ ^ƚƌĂƚŚĞĂƌŶ͕ D͕͘ Θ DĂĚĚĞŶ͕ <͘ ;ϮϬϭϳͿ͘ ŽŶŶĞĐƟŶŐ ǁŝƚŚ ĞĚƵĐĂƚŽƌƐ͗ Ŷ ĂƵƚŽ ĞƚŚŶŽŐƌĂƉŚŝĐ ĞŶƋƵŝƌLJ ďLJ ŶƵƌƐĞ ĞĚƵĐĂƚŽƌƐ ƚĞĂĐŚŝŶŐ ƵƐŝŶŐ DĂƐŬͲ ĚΡ ;<Z^ ^ŝŵƵůĂƟŽŶͿ͘ DĂŬŝŶŐ ŽŶŶĞĐƟŽŶƐ͘ WƌŽĐĞĞĚŝŶŐƐ ŽĨ ƚŚĞ ϮϬϭϲ EĂƟŽŶĂů dĞƌƟĂƌLJ >ĞĂƌŶŝŶŐ ĂŶĚ dĞĂĐŚŝŶŐ Conference. ZŽƚŽƌƵĂ͕ E ͗ ŽƚĞĂƌŽĂ EĂƟŽŶĂů ĞŶƚƌĞ ĨŽƌ dĞƌƟĂƌLJ dĞĂĐŚŝŶŐ džĐĞůůĞŶĐĞ͕ dŽŝͲKŚŽŵĂŝ /ŶƐƟƚƵƚĞ ŽĨ Technology. 37-46.

Rhodes, J., Strathearn, M., McMillan, M., Madden, K., & <ŶŽǁůĞƌ͕ ͘ ;ϮϬϭϳͿ͘ DĂƐŬͲ ĚΡ ;<Z^ ^ŝŵƵůĂƟŽŶͿ͕ ĚŽǁŶ ƵŶĚĞƌ ʹ DĂƐŬͲ Ě ĞdžƉĞƌŝĞŶĐĞƐ ŝŶ EĞǁ ĞĂůĂŶĚ͘ Central YƵĞĞŶƐůĂŶĚ hŶŝǀĞƌƐŝƚLJ DĂŐĂnjŝŶĞ ŽĨ DĂƐŬͲ ĚΡ ;<Z^ ^ŝŵƵůĂƟŽŶͿ͗ ZŽĐŬŚĂŵƉƚŽŶ͕ YƵĞĞŶƐůĂŶĚ͕ Ϯ ;ϭͿ͘ ϮͲϯ͘

ŽŽŬƐ ĂŶĚ ƌĞƉŽƌƚƐ ďďŽƩ͕ ͘ ;ϮϬϭϳͿ͘ ĚƵĐĂƟŽŶĂů ƐŽǀĞƌĞŝŐŶƚLJ ĂŶĚ ƚƌĂŶƐŶĂƟŽŶĂů ĞdžĐŚĂŶŐĞƐ ŝŶ ƉŽƐƚͲƐĞĐŽŶĚĂƌLJ /ŶĚŽŶĞƐŝĂŶ ĞĚƵĐĂƟŽŶ ;ϭƐƚ ĞĚ͘Ϳ͘ WĂůŐƌĂǀĞ DĂĐŵŝůůĂŶ͘ tŚŝƩůĞ͕ :͕͘ Θ ŽĚŬŝŶͲ ůůĞŶ͕ ^͘ ;ϮϬϭϳͿ͘ ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ Technology: Research report 2016. ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ Technology. Invercargill, New Zealand.

WĞƌĨŽƌŵĂŶĐĞ DLJĞƌƐ͕ Z͘ ;ϮϬϭϳͿ͘ WƌĂĐƟĐĞƐ ŽĨ hƐĞ ΀WĞƌĨŽƌŵĂŶĐĞ΁͘ ;ϯƌĚ ƉƌŝůͿ͘ ^ƚ WĂƵůƐ ^ƚƌĞĞƚ 'ĂůůĞƌLJ ϯ͕ ƵĐŬůĂŶĚ hŶŝǀĞƌƐŝƚLJ ŽĨ Technology, Auckland, New Zealand. WĂƌŬŝŶƐͲ ƌĂŝŐ͕ D͘ ;ϮϬϭϳͿ͘ EĂƟŽŶĂů ƚŽƵƌ ŽĨ ŵƵƐŝĐĂů ƉĞƌĨŽƌŵĂŶĐĞƐ ; ƵŶĞĚŝŶ͕ YƵĞĞŶƐƚŽǁŶ͕ tĞůůŝŶŐƚŽŶ͕ ƵĐŬůĂŶĚͿ͕ ĂƐ member of musical group ĞǀŝŶĞ ƉƌŽŵŽƟŶŐ release of Novel ;ϮϬϭϳͿ͘ ^ŬĞƌƌĞƩ͕ W͘ ;ϮϬϭϳͿ͘ ΀DƵƐŝĐĂů ĚŝƌĞĐƚŽƌ΁͘ ILT Christmas at the Stadium. 23 December, Invercargill, New Zealand.

ƌĞĂƟǀĞ ŽƵƚƉƵƚƐ ŽĚŬŝŶͲ ůůĞŶ͕ ^͘ ;ϮϬϭϳͿ͘ dĂŬĞ Žī LJŽƵƌ ŚĞĂĚƉŚŽŶĞƐ ĂŶĚ ďůŽŽĚLJ listen for TTB choir. ŽĚŬŝŶͲ ůůĞŶ͕ ^͘ ;ϮϬϭϳͿ͘ When I am dead/Remember me for SSA choir. ŽĚŬŝŶͲ ůůĞŶ͕ ^͘ ΀ ƌƌĂŶŐĞƌ΁ ;ϮϬϭϳͿ͘ ͞EĂƵŐŚƚLJ͟ ĨƌŽŵ DĂƟůĚĂ ƚŚĞ Musical ; ŽŵƉŽƐĞƌ dŝŵ DŝŶĐŚŝŶ͕ ĂƌƌĂŶŐĞĚ ĨŽƌ ďƌĂƐƐ ďĂŶĚ ďLJ ^ĂůůLJ ŽĚŬŝŶͲ ůůĞŶͿ͘ WĞƌĨŽƌŵĞĚ ďLJ ƚŚĞ ƐĐŽƚ WĂƌŬ ƵdžŝůŝĂƌLJ ƌĂƐƐ ĂŶĚ Ăƚ ƚŚĞ ^ŽƵƚŚůĂŶĚͲKƚĂŐŽ ƌĂƐƐ ĂŶĚ WƌŽǀŝŶĐŝĂů ŽŶƚĞƐƚ ϮϬ ƵŐƵƐƚ ϮϬϭϳ͕ ƐĐŽƚ WĂƌŬ Hotel, Invercargill, New Zealand. ĂƚŚĐĂƌƚ͕ ͘ ;ϮϬϭϳͿ͘ Real-world student project: design and construct costume for Streetcar Named Desire stage ƉƌŽĚƵĐƟŽŶ͘ Repertory Theatre, Invercargill, New Zealand. ĞǀŝŶĞ͕ D͘ ĂŶĚ WĂƌŬŝŶƐͲ ƌĂŝŐ͕ D͘ ;ϮϬϭϳͿ EŽǀĞů ΀ ΁͘ EĞǁ Zealand, independent. 'ŝůůŝĞƐ͕ W͘ ;ϮϬϭϳͿ͘ Mad Cows ΀&ĞĂƚƵƌĞ &ŝůŵ dƌĞĂƚŵĞŶƚ΁͘ DĐ ƵůůLJ͕ <͘ ;ϮϬϭϳͿ͘ Whatever it takes ΀tĞďƐŝƚĞ΁͘ ZĞƚƌŝĞǀĞĚ ĨƌŽŵ ŚƩƉƐ͗ͬ​ͬǁǁǁ͘ǁŚĂƚĞǀĞƌŝƩĂŬĞƐĚŽĐƵŵĞŶƚĂƌLJϮϬϭϴ͘ĐŽŵͬ WĂƌŬŝŶƐͲ ƌĂŝŐ͕ D͘ ĂŶĚ WƌŝĐĞ͕ <͘ ;ϮϬϭϳͿ ŽŶĞƐ ΀ ΁͘ EĞǁ ĞĂůĂŶĚ͕ Quirky Records.

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džŚŝďŝƟŽŶƐ

ANNUAL REPORT 2017

ĞůƚŽŶ͕ W͘ ;ϮϬϭϳͿ͘ ΀WĂŝŶƟŶŐƐ΁͘ KĐƚĂ 'ĂůůĞƌLJ͕ ƌŽŵǁĞůů͕ EĞǁ Zealand.

ĞŶŶĞƩ͕ &͘ ĂŶĚ dLJƌŝĞ͕ &͘ ;ϮϬϭϳ͕ ^ĞƉƚĞŵďĞƌ ϮϵͿ͘ ZŽďDĐDƵƌĚŽt E^> z z > ^͘ ΀WŽĚĐĂƐƚ΁ WK ^d &ZKD d, ^Khd,͘ ǀĂŝůĂďůĞ Ăƚ͗ ŚƩƉƐ͗ͬ​ͬƐŽƵŶĚĐůŽƵĚ͘ com/user428894169/robmcmurdowensleycycles

ĞůƚŽŶ͕ W͘ ;ϮϬϭϳͿ͘ ΀WĂŝŶƟŶŐƐ΁͘ DŽƌĂLJ 'ĂůůĞƌLJ͕ ƵŶĞĚŝŶ͕ EĞǁ Zealand.

WĂůůŝƐĞƌ͕ ͘ ;ϮϬϭϳͿ͘ ŶŶĂ͛Ɛ KWϮϯ͘ ΀tĞď ůŽŐ΁͘ ZĞƚƌŝĞǀĞĚ ĨƌŽŵ ŚƩƉƐ͗ͬ​ͬĂŶŶĂƐĐŽƉϮϯ͘ďůŽŐƐƉŽƚ͘ĐŽŵͬ

ĞůƚŽŶ͕ W͘ ;ϮϬϭϳͿ͘ ΀WĂŝŶƟŶŐƐ΁͘ KƚĂŐŽ ƌƚ ^ŽĐŝĞƚLJ͕ ƵŶĞĚŝŶ͕ EĞǁ Zealand. DĐ ƵůůLJ͕ <͘ ;ϮϬϭϳͿ͘ Whatever it takes ΀WƵďůŝĐ ďŝůůďŽĂƌĚ΁͘ Ashburton, New Zealand.

tĞď WƵďůŝĐĂƟŽŶƐ ĞŶŶĞƩ͕ &͘ ĂŶĚ dLJƌŝĞ͕ &͘ ;ϮϬϭϳ͕ :ƵůLJ ϳͿ͘ ƌĂŝŐ,ŝůůŵĂŶ Z D . ΀WŽĚĐĂƐƚ΁ WK ^d &ZKD d, ^Khd,͘ ǀĂŝůĂďůĞ Ăƚ͗ ŚƩƉƐ͗ͬ​ͬƐŽƵŶĚĐůŽƵĚ͘ĐŽŵͬƵƐĞƌͲϰϮϴϴϵϰϭϲϵͬ craighillmanbremca ĞŶŶĞƩ͕ &͘ ĂŶĚ dLJƌŝĞ͕ &͘ ;ϮϬϭϳ͕ :ƵůLJ ϮϲͿ͘ joshiTASTIBITZ. ΀WŽĚĐĂƐƚ΁ WK ^d &ZKD d, ^Khd,͘ ǀĂŝůĂďůĞ Ăƚ͗ ŚƩƉƐ͗ͬ​ͬƐŽƵŶĚĐůŽƵĚ͘ĐŽŵͬƵƐĞƌͲϰϮϴϴϵϰϭϲϵͬũŽƐŚŝƚĂƐƟďŝƚnj ĞŶŶĞƩ͕ &͘ ĂŶĚ dLJƌŝĞ͕ &͘ ;ϮϬϭϳ͕ ƵŐƵƐƚ ϮͿ͘ ĂƌůĂ&ŽƌďĞƐD Z< d^Khd,͘ ΀WŽĚĐĂƐƚ΁ WK ^d &ZKD d, ^Khd,͘ ǀĂŝůĂďůĞ Ăƚ͗ ŚƩƉƐ͗ͬ​ͬƐŽƵŶĚĐůŽƵĚ͘ĐŽŵͬƵƐĞƌͲ 428894169/carlaforbesmarketsouth ĞŶŶĞƩ͕ &͘ ĂŶĚ dLJƌŝĞ͕ &͘ ;ϮϬϭϳ͕ ƵŐƵƐƚ ϯͿ͘ &ƵŶŐĂŝ ĚǁŝŶDĂďŽŶŐĂ. ΀WŽĚĐĂƐƚ΁ WK ^d &ZKD d, ^Khd,͘ ǀĂŝůĂďůĞ Ăƚ͗ ŚƩƉƐ͗ͬ​ͬƐŽƵŶĚĐůŽƵĚ͘ĐŽŵͬƵƐĞƌͲϰϮϴϴϵϰϭϲϵͬ fungaiedwinmabonga ĞŶŶĞƩ͕ &͘ ĂŶĚ dLJƌŝĞ͕ &͘ ;ϮϬϭϳ͕ ƵŐƵƐƚ ϰͿ͘ :ĂŶĞ^ƚĂŶƚŽŶ^ Z/Kh^>z'KK ,K K> d KDW Ez͘ ΀WŽĚĐĂƐƚ΁ WK ^d &ZKD d, ^Khd,͘ ǀĂŝůĂďůĞ Ăƚ͗ŚƩƉƐ͗ͬ​ͬƐŽƵŶĚĐůŽƵĚ͘ĐŽŵͬƵƐĞƌϰϮϴϴϵϰϭϲϵͬ janestantonseriouslygoodchocolatecompany ĞŶŶĞƩ͕ &͘ ĂŶĚ dLJƌŝĞ͕ &͘ ;ϮϬϭϳ͕ ƵŐƵƐƚ ϴͿ͘ ďƌĂĚƌĞLJŶŽůĚƐĐŽŶĐĞƉƚƐŽůƵƟŽŶƐ͘ ΀WŽĚĐĂƐƚ΁ WK ^d &ZKD d, ^Khd,͘ ǀĂŝůĂďůĞ Ăƚ͗ŚƩƉƐ͗ͬ​ͬƐŽƵŶĚĐůŽƵĚ͘ ĐŽŵͬƵƐĞƌϰϮϴϴϵϰϭϲϵͬďƌĂĚƌĞLJŶŽůĚƐĐŽŶĐĞƉƚƐŽůƵƟŽŶƐ ĞŶŶĞƩ͕ &͘ ĂŶĚ dLJƌŝĞ͕ &͘ ;ϮϬϭϳ͕ ƵŐƵƐƚ ϭϳͿ͘ 'ƌĂĞŵĞ>ĞǁŝƐWĞƚ^ŵĂƌƚ͘ ΀WŽĚĐĂƐƚ΁ WK ^d &ZKD d, ^Khd,͘ ǀĂŝůĂďůĞ Ăƚ͗ ŚƩƉƐ͗ͬ​ͬƐŽƵŶĚĐůŽƵĚ͘ĐŽŵͬƵƐĞƌͲ 428894169/graemelewispetsmart ĞŶŶĞƩ͕ &͘ ĂŶĚ dLJƌŝĞ͕ &͘ ;ϮϬϭϳ͕ ƵŐƵƐƚ ϮϰͿ͘ ĚƌŝĂŶďĂƌĐůĂLJs EKD, /Z^ >KE͘ ΀WŽĚĐĂƐƚ΁ WK ^d &ZKD d, ^Khd,͘ ǀĂŝůĂďůĞ Ăƚ͗ ŚƩƉƐ͗ͬ​ͬƐŽƵŶĚĐůŽƵĚ͘ com/user-428894169/andrianbarclayvenomhairsalon ĞŶŶĞƩ͕ &͘ ĂŶĚ dLJƌŝĞ͕ &͘ ;ϮϬϭϳ͕ ƵŐƵƐƚ ϯϬͿ͘ TimboVITICULTURA. ΀WŽĚĐĂƐƚ΁ WK ^d &ZKD d, ^Khd,͘ ǀĂŝůĂďůĞ Ăƚ͗ ŚƩƉƐ͗ͬ​ͬƐŽƵŶĚĐůŽƵĚ͘ĐŽŵͬƵƐĞƌͲϰϮϴϴϵϰϭϲϵͬ ƟŵďŽǀŝƟĐƵůƚƵƌĂ ĞŶŶĞƩ͕ &͘ ĂŶĚ dLJƌŝĞ͕ &͘ ;ϮϬϭϳ͕ ^ĞƉƚĞŵďĞƌ ϭϰͿ͘ WĂƵů ůĂƌŬ KK< W Z^ /Es Z Z'/>>͘ ΀WŽĚĐĂƐƚ΁ WK ^d &ZKD d, ^Khd,͘ ǀĂŝůĂďůĞ Ăƚ͗ ŚƩƉƐ͗ͬ​ͬƐŽƵŶĚĐůŽƵĚ͘ĐŽŵͬƵƐĞƌͲ 428894169/paul-clark-zookeepers-invercargill

ŽŶĨĞƌĞŶĐĞ ƉƌĞƐĞŶƚĂƟŽŶƐ ĂŶĚ ƉŽƐƚĞƌƐ ŽĚŬŝŶͲ ůůĞŶ͕ ^͘ ;ϮϬϭϳͿ͘ ĞůŽŶŐŝŶŐ ƚŽ Ă ďƌĂƐƐ ďĂŶĚ ŝŶ /ŶǀĞƌĐĂƌŐŝůů͗ What does it mean for young people in Southland? ͞dŝŵĞ ĂŶĚ dŝĚĞ͟Ͳ ƵƐƚƌĂůŝĂ EĞǁ ĞĂůĂŶĚ ZĞƐĞĂƌĐŚ ŝŶ DƵƐŝĐ ĚƵĐĂƟŽŶ ; E ZD Ϳ ŽŶĨĞƌĞŶĐĞ͕ WĞƌƚŚ͕ Australia. ŽĚŬŝŶͲ ůůĞŶ͕ ^͘ Θ tĞƐƚ͕ ^͘ ;ϮϬϭϳͿ͘ Mapping the elephant. ͞dŝŵĞ ĂŶĚ dŝĚĞ͟Ͳ ƵƐƚƌĂůŝĂ EĞǁ ĞĂůĂŶĚ ZĞƐĞĂƌĐŚ ŝŶ DƵƐŝĐ ĚƵĐĂƟŽŶ ; E ZD Ϳ ŽŶĨĞƌĞŶĐĞ͕ WĞƌƚŚ͕ ƵƐƚƌĂůŝĂ͘ ŽƚĂĨŽŐŽ͕ &͘ ;ϮϬϭϳͿ͘ ŽŵƉůĞdžŝƚLJ ĐŽŶŽŵŝĐƐ ĂŶĚ ƚŚĞ ĐĐŽƵŶƟŶŐ &ƌĂŵĞǁŽƌŬ͕ tŽƌůĚ ĐŽŶŽŵŝĐƐ ƐƐŽĐŝĂƟŽŶ ŽŶĨĞƌĞŶĐĞƐ, ϮϬϭϳ͕ Ŷ͘ϯ͗ ϮŶĚ KĐƚŽďĞƌ ʹ ϯϬƚŚ EŽǀĞŵďĞƌ͕ ϮϬϭϳ ʹ ĐŽŶŽŵŝĐ WŚŝůŽƐŽƉŚLJ͗ ŽŵƉůĞdžŝƟĞƐ ŝŶ ĐŽŶŽŵŝĐƐ͘ ǀĂŝůĂďůĞ Ăƚ͗ ŚƩƉ͗ͬ​ͬĞĐŽŶŽŵŝĐƉŚŝůŽƐŽƉŚLJϮϬϭϳ͘ ǁĞĂĐŽŶĨĞƌĞŶĐĞƐ͘ŶĞƚͬƉĂƉĞƌƐͬĐŽŵƉůĞdžŝƚLJͲĞĐŽŶŽŵŝĐƐͲĂŶĚͲ ƚŚĞͲĂĐĐŽƵŶƟŶŐͲĨƌĂŵĞǁŽƌŬͬ ŽƚĂĨŽŐŽ͕ &͘ ĂŶĚ tŝůůĞƩ͕ Z͘ ;ϮϬϭϳͿ͘ Double-entry bookkeeping in the absence of markets and prices͘ ϵƚŚ ĐĐŽƵŶƟŶŐ ,ŝƐƚŽƌLJ /ŶƚĞƌŶĂƟŽŶĂů ĐŽŶĨĞƌĞŶĐĞ͕ sĞƌŽŶĂ͕ /ƚĂůLJ͘ ĂƌƐƚĞŶƐĞŶ͕ ͘ ;ϮϬϭϳͿ͘ ZĞŇĞĐƟŶŐ ŽŶ LJŽƵƌƐĞůĨ ŝŶ ŚĞĂůƚŚ ƌĞƐĞĂƌĐŚ͗ hƟůŝƐŝŶŐ ĂƵƚŽ ĞƚŚŶŽŐƌĂƉŚLJ ƚŽ ĚĞƐĐƌŝďĞ ůŝĨĞ ǁŝƚŚ ƐĞǀĞƌĞ allergies. ƵƐƚƌĂůĂƐŝĂŶ EƵƌƐĞ ĚƵĐĂƚŽƌƐ ŽŶĨĞƌĞŶĐĞ͘ Christchurch, New Zealand. ĂƌƚĞƌ͕ ^͘ Θ ^ŵŝƚŚ͕ ͘ ;ϮϬϭϳͿ͘ New Zealand elite rugby ƵŶŝŽŶ ƉůĂLJĞƌƐ͛ ƵƟůŝƐĂƟŽŶ ŽĨ ŵĂƐƐĂŐĞ ƚŚĞƌĂƉLJ͘ ŵĞƌŝĐĂŶ DĂƐƐĂŐĞ dŚĞƌĂƉLJ ƐƐŽĐŝĂƟŽŶ ; Dd Ϳ EĂƟŽŶĂů ŽŶǀĞŶƟŽŶ͕ WĂƐĂĚĞŶĂ͕ h^ ͘ ĂƚŚĐĂƌƚ͕ ͘ ;ϮϬϭϳͿ͘ dŚĞ ƉƌŽƐ ĂŶĚ ĐŽŶƐ ŽĨ ƌĞĂůͲǁŽƌůĚ ĞdžƉĞƌŝĞŶƟĂů learning. DĂŬŝŶŐ Ă ĞƩĞƌ tŽƌůĚ͗ ZĞƐĞĂƌĐŚ ĂŶĚ dĞĂĐŚŝŶŐ ^LJŵƉŽƐŝƵŵ͕ KƚĂŐŽ WŽůLJƚĞĐŚŶŝĐ͕ ƵŶĞĚŝŶ͕ EĞǁ ĞĂůĂŶĚ͘ ŽďďƐ͕ ^͘ ;ϮϬϭϳͿ͘ The challenges of failing nursing students in ĐůŝŶŝĐĂů ƉƌĂĐƟĐĞ͘ ZE E ĐŽŶĨĞƌĞŶĐĞ͕ hƉƉĞƌ ,ƵƩ͕ EĞǁ Zealand. ŽĚƐŽŶ͕ '͘ Θ WĂůůŝƐĞƌ͕ ͘ ;ϮϬϭϳͿ͘ Stakeholder involvement with ƌĞƐĞĂƌĐŚ ƵŶĐĞƌƚĂŝŶƚLJ͗ ŵĂŶĂŐŝŶŐ ,ĞĐƚŽƌ͛Ɛ ĂŶĚ DĈƵŝ dolphins in New Zealand. /ŶƚĞƌŶĂƟŽŶĂů ŶǀŝƌŽŶŵĞŶƚĂů ŽŵŵƵŶŝĐĂƟŽŶ ƐƐŽĐŝĂƟŽŶ ĐŽŶĨĞƌĞŶĐĞ ŽŶ ŽŵŵƵŶŝĐĂƟŽŶ ĂŶĚ ŶǀŝƌŽŶŵĞŶƚ͕ >ĞŝĐĞƐƚĞƌ͕ h<͘ ŽĚƐŽŶ͕ '͘ Θ WĂůůŝƐĞƌ͕ ͘ ;ϮϬϭϳͿ͘ Avoiding post-truth ĞŶǀŝƌŽŶŵĞŶƚĂů ĐŽŶŇŝĐƚ͗ ĂĚĚƌĞƐƐŝŶŐ ŝƌƌĞĚƵĐŝďůĞ ƵŶĐĞƌƚĂŝŶƟĞƐ ǁŝƚŚ ƉŽƐƚͲŶŽƌŵĂů ƐĐŝĞŶĐĞ͘ /ŶƚĞƌŶĂƟŽŶĂů ŶǀŝƌŽŶŵĞŶƚĂů ŽŵŵƵŶŝĐĂƟŽŶ ƐƐŽĐŝĂƟŽŶ ĐŽŶĨĞƌĞŶĐĞ ŽŶ ŽŵŵƵŶŝĐĂƟŽŶ ĂŶĚ ŶǀŝƌŽŶŵĞŶƚ͕ >ĞŝĐĞƐƚĞƌ͕ h<͘ ŽŵŝŐĂŶ͕ :͘ ;ϮϬϭϳͿ͘ New graduate RN’s preparedness to work in ƉƌŝŵĂƌLJ ŚĞĂůƚŚ ĐĂƌĞ͘ ƌĞ ǁĞ ŐĞƫŶŐ ŝƚ ƌŝŐŚƚ͍ WƌĞƐĞŶƚĂƟŽŶ Ăƚ ƚŚĞ ƵƐƚƌĂůŝĂŶ EƵƌƐĞ ĚƵĐĂƚŽƌƐ ŽŶĨĞƌĞŶĐĞ ; E Ϳ͘ Christchurch, New Zealand.


ANNUAL REPORT 2017

&ĂůůƵ͕ D͘ ;ϮϬϭϳ͘ dŚĞ ůĞŝƐƵƌĞ ƉĂƌƟĐŝƉĂƟŽŶ ŽĨ ^ŽƵƚŚůĂŶĚĞƌƐ ǁŝƚŚ Ă ĚŝƐĂďŝůŝƚLJ ʹ Ă ůŽŶŐŝƚƵĚŝŶĂů ƐƚƵĚLJ͘ ANZALS conference, University of Tasmania, Hobart, Australia. 'ŝůůŝĞƐ͕ W͘ ͘ ͘ ;ϮϬϭϳͿ͘ Honourable vultures of the human ĐŽŶĚŝƟŽŶ͗ Ă ƉƌĂĐƟĐĞͲďĂƐĞĚ ŝŶǀĞƐƟŐĂƟŽŶ ŝŶƚŽ ƚƌƵƚŚ ǀƐ͘ ƐƚŽƌLJ ŝŶ WŽƉƉLJ ŽLJƐ͘ Screenwriters Research Network Conference, Dunedin, New Zealand. ,ĞĂƚŚ͕ ͘ ;ϮϬϭϳ͕ ĞĐĞŵďĞƌͿ͘ Monism vs. pluralism in record ƉƌŽĚƵĐƟŽŶ͗ Ă ĐŽŵƉĂƌŝƐŽŶ ŽĨ ĐŽŶƚĞŵƉŽƌĂƌLJ ŚĞĂǀLJ ŵĞƚĂů verses dub-reggae music. ϭϮƚŚ ƌƚ ŽĨ ZĞĐŽƌĚ WƌŽĚƵĐƟŽŶ ŽŶĨĞƌĞŶĐĞ DŽŶŽ͗ ^ƚĞƌĞŽ͗ DƵůƟ͘ Ăƚ ƚŚĞ ZŽLJĂů ŽůůĞŐĞ ŽĨ DƵƐŝĐ͕ ^ƚŽĐŬŚŽůŵ͕ ^ǁĞĚĞŶ͘ ZĞƚƌŝĞǀĞĚ ĨƌŽŵ͗ ŚƩƉ͗ͬ​ͬǁǁǁ͘ ĂƌƚŽĨƌĞĐŽƌĚƉƌŽĚƵĐƟŽŶ͘ĐŽŵͬϯϬͲĂƌƉͲĐŽŶĨĞƌĞŶĐĞͲĂƌĐŚŝǀĞͬ arp-2017/262-arp-2017-abstracts DĐ ƵůůLJ͕ <͘ ;ϮϬϭϳͿ͘ WĞƌĨŽƌŵŝŶŐ ƚŚĞ /z ŵƵƐĞƵŵ͘ DƵƐĞƵŵ EĞdžƚ Conference, Melbourne, Australia. DĐ ƵůůLJ͕ <͘ ;ϮϬϭϳͿ͘ ŽŵƉŽƐŝƟŶŐ Ă ůŽĐĂů͕ ĐƌŽǁĚͲƐŽƵƌĐĞĚ͕ ƐŽĐŝĂů ŝŶƐƟƚƵƟŽŶ͘ DƵƐĞƵŵƐ ŽƚĞĂƌŽĂ ŽŶĨĞƌĞŶĐĞ͕ WĂůŵĞƌƐƚŽŶ North, New Zealand. DƵŵĨŽƌĚ͕ :͘ ;ϮϬϭϳͿ͘ ZĞĚƵĐŝŶŐ ƚŚĞ ĞīĞĐƚƐ ŽĨ ƌĞƐŝĚƵĂů ŵĂƚŚĞŵĂƟĐƐ ĂŶdžŝĞƚLJ ŽŶ ƉƌĞͲƐĞƌǀŝĐĞ ƉƌŝŵĂƌLJ ƚĞĂĐŚĞƌƐ͘ DĂŬŝŶŐ Ă ĞƩĞƌ tŽƌůĚ͗ ZĞƐĞĂƌĐŚ ĂŶĚ dĞĂĐŚŝŶŐ ^LJŵƉŽƐŝƵŵ͕ KƚĂŐŽ WŽůLJƚĞĐŚŶŝĐ͕ ƵŶĞĚŝŶ͕ EĞǁ ĞĂůĂŶĚ͘ K͛<ĂŶĞ͕ W͘ Θ ^ŵŝƚŚ͕ :͘ ;ϮϬϭϳͿ͘ Do males have advantages or disadvantages in the massage therapy industry? ŵĞƌŝĐĂŶ DĂƐƐĂŐĞ dŚĞƌĂƉLJ ƐƐŽĐŝĂƟŽŶ ; Dd Ϳ EĂƟŽŶĂů ŽŶǀĞŶƟŽŶ͕ WĂƐĂĚĞŶĂ͕ h^ ͘ WĂůůŝƐĞƌ͕ ͘ Θ ^ƵƌĞŶĚƌĂŶ͕ E͘ ;ϮϬϭϳͿ͘ ŽŵŵƵŶŝĐĂƟŶŐ ĐůŝŵĂƚĞ change in Aotearoa, NZ. UN Climate Change Conference ;hE& Ϳ͕ ŽŶŶ͕ 'ĞƌŵĂŶLJ͘ WƌŝŶƐůŽŽ͕ >͘ ;ϮϬϭϳͿ͘ WƌĞͲƐĞůĞĐƟŽŶ ƚŽ ŶƵƌƐŝŶŐ ĐŽƵƌƐĞ ŐƌŽƵƉ ŝŶƚĞƌǀŝĞǁ ʹ ĚŽ LJŽƵ ƌĞĂůůLJ ŬŶŽǁ ǁŚŽ LJŽƵ͛ƌĞ ŐĞƫŶŐ͍ E dE W ŽŶĨĞƌĞŶĐĞ͕ ĂŶī͕ ĂŶĂĚĂ͘ ZĂŵƐĂLJ͕ Z͕͘ ĞĐŬ͕ Z͕͘ ŽůůĞƩ͕ '͕͘ 'ŝƌǀĂŶ͕ >͕͘ tŚŝƚĞ͕ D͕͘ Θ ^ŵŝƚŚ͕ W͘ ;ϮϬϭϳͿ͘ ƩƌŝďƵƟŽŶͬƐŽƵƌĐŝŶŐ ŽĨ ^ŽƵƚŚĞƌŶ DĂŽƌŝ ĂƌƚĞĨĂĐƚƐ ƚŽ ĂƐƚĞƌŶ WŽůLJŶĞƐŝĂ ƵƐŝŶŐ ŐĞŽĐŚĞŵŝƐƚƌLJ͘ WƌĞƐĞŶƚĂƟŽŶ Ăƚ NZ Archaeological Conference, Thames, New Zealand. ZŚŽĚĞƐ͕ :͕͘ Θ DĐDŝůůĂŶ͕ D͘ ;ϮϬϭϳͿ͘ Moulage using everyday ŚŽƵƐĞŚŽůĚ ŝƚĞŵƐ͗ dƌĂŶƐŝƟŽŶŝŶŐ ƚŚĞ ŐĂƉ ďĞƚǁĞĞŶ simulated learning and genuine clinical events. ƵƐƚƌĂůŝĂŶ EƵƌƐĞ ĚƵĐĂƚŽƌƐ ŽŶĨĞƌĞŶĐĞ ; E Ϳ͘ Christchurch, New Zealand. ZŚŽĚĞƐ͕ :͕͘ DĐDŝůůĂŶ͕ D͕͘ Θ ^ƚƌĂƚŚĞĂƌŶ͕ D͘Ύ ;ϮϬϭϳͿ. Avoiding serendipity by breaking down silos. Inter-professional ĚƵĐĂƟŽŶ ^ŚŽǁĐĂƐĞ͘ ƵĐŬůĂŶĚ͕ EĞǁ ĞĂůĂŶĚ͘ ZŚŽĚĞƐ͕ :͕͘ DĐDŝůůĂŶ͕ D͕͘ Θ ^ƚƌĂƚŚĞĂƌŶ͕ D͘Ύ͘ ;ϮϬϭϳͿ͘ /ŶƚĞƌͲƉƌŽĨĞƐƐŝŽŶĂů ĞĚƵĐĂƟŽŶ͗ ƌĞĂŬŝŶŐ ĚŽǁŶ silos. ƵƐƚƌĂůŝĂŶ EƵƌƐĞ ĚƵĐĂƚŽƌƐ ŽŶĨĞƌĞŶĐĞ ; E Ϳ͘ Christchurch, New Zealand. ZŚŽĚĞƐ͕ :͕͘ DĐDŝůůĂŶ͕ D͕͘ Θ ^ƚƌĂƚŚĞĂƌŶ͕ D͘Ύ ;ϮϬϭϳͿ͘ DĂƐŬͲ ĚΡ͗ ƚƌĂŶƐĨŽƌŵŝŶŐ ƚĞĂĐŚŝŶŐ͕ Ă ƋƵŝŶƚĞƚ ĞdžƉĞƌŝĞŶĐĞ͘ Australian EƵƌƐĞ ĚƵĐĂƚŽƌƐ ŽŶĨĞƌĞŶĐĞ ; E Ϳ͘ ŚƌŝƐƚĐŚƵƌĐŚ͕ EĞǁ Zealand. ^ĐŚƵůĞƌ͕ ͘ ;ϮϬϭϳͿ World news down the wire - Connected By Cable. E :ŽƵƌŶĂůŝƐŵ ĚƵĐĂƚŽƌƐ ŽŶĨĞƌĞŶĐĞ͘ ,ĂŵŝůƚŽŶ͕ New Zealand.

STAFF FOCUS

Smith, H., McCarthy, C., Mann, S., Smith, L., Trounsen, R., &ůĂŶŶĂŐĂŶ͕ d͕͘ ZŽƵŶƚƌĞĞ͕ E͕͘ ŽĐŚƌĂŶĞ͕ d͕͘ ĚĞŶͲDĂŶŶ͕ W͕͘ Θ ^ƵƩŽŶ͕ <Ύ͘ ;ϮϬϭϳͿ͘ Rapid modelling process for ĐŽŶƐŝĚĞƌŝŶŐ ĐŽŵŵƵŶŝƚLJ ĐŽůůĂďŽƌĂƟŽŶƐ ŝŶ /d ĞĚƵĐĂƟŽŶ͘ ŽŵƉƵƟŶŐ ĂŶĚ /ŶĨŽƌŵĂƟŽŶ dĞĐŚŶŽůŽŐLJ ZĞƐĞĂƌĐŚ ĂŶĚ ĚƵĐĂƟŽŶ EĞǁ ĞĂůĂŶĚ ; /dZ E ϮϬϭϳͿ ŽŶĨĞƌĞŶĐĞ͕ Napier, New Zealand. tĞƐƚ͕ ^͕͘ ŽĚŬŝŶͲ ůůĞŶ͕ ^͘ Θ WŝŬĞ͕ '͘ ;ϮϬϭϳͿ͘ Who is helping ǁŚŽ͍ >ĞƐƐŽŶƐ ůĞĂƌŶĞĚ ĨƌŽŵ Ă ƐŽĐŝĂůͲĂůƚƌƵŝƐƟĐ ŵŽĚĞů ŽĨ ŵƵƐŝĐ ŵĂŬŝŶŐ ǁŝƚŚ Ă ŶŽŶͲĞdžĐůƵƐŝǀĞ ƉŚŝůŽƐŽƉŚLJ͘ Disability DĂƩĞƌƐ͗ DĂŬŝŶŐ ƚŚĞ ŽŶǀĞŶƟŽŶ ZĞĂů ŽŶĨĞƌĞŶĐĞ͕ Dunedin, New Zealand. tŚŝƚĂŬĞƌ͕ Z͘ Θ ^ŵŝƚŚ͕ :͘ ;ϮϬϭϳͿ͘ Invercargill based general ƉƌĂĐƟƟŽŶĞƌƐ ƉĞƌĐĞƉƟŽŶƐ ŽĨ ŵĂƐƐĂŐĞ ƚŚĞƌĂƉLJ͘ American DĂƐƐĂŐĞ dŚĞƌĂƉLJ ƐƐŽĐŝĂƟŽŶ ; Dd Ϳ EĂƟŽŶĂů ŽŶǀĞŶƟŽŶ͕ WĂƐĂĚĞŶĂ͕ h^ ͘ tŚŝƩůĞ͕ :͘ ;ϮϬϭϳͿ͘ ,ŝƚĐŚͲŚŝŬĞƌƐ͕ ĐŽƵĐŚ ƉŽƚĂƚŽĞƐ͕ LJŽƵ͛ƌĞ ĮƌĞĚ͊ Teaching research methods through a group project. DĂŬŝŶŐ Ă ĞƩĞƌ tŽƌůĚ͗ ZĞƐĞĂƌĐŚ ĂŶĚ dĞĂĐŚŝŶŐ ^LJŵƉŽƐŝƵŵ͕ KƚĂŐŽ WŽůLJƚĞĐŚŶŝĐ͕ ƵŶĞĚŝŶ͘ tŽŽĚǁĂƌĚ͕ >͕͘ Θ dĂŶ͕ >͘D͘ ;ϮϬϭϳͿ͘ GST compliance in New ĞĂůĂŶĚ͗ ĐŽŵƉĂƌĂƟǀĞ ƐƚƵĚLJ ŽĨ ƚĂdžƉĂLJĞƌƐ ŝŶ ƚŚĞ ƉƌŝŵĂƌLJ and trades sector. ƵƐƚƌĂůĂƐŝĂŶ dĂdž dĞĂĐŚĞƌƐ ƐƐŽĐŝĂƟŽŶ ; dd Ϳ ŽŶĨĞƌĞŶĐĞ͕ DĂƐƚĞƌƚŽŶ͕ EĞǁ ĞĂůĂŶĚ͘ ΎEŽŶ WƌĞƐĞŶƟŶŐ ƵƚŚŽƌ

WƵďůŝĐ ƚĂůŬƐ ĂŶĚ tŽƌŬƐŚŽƉƐ ĞůƚŽŶ͕ W͘ ;ϮϬϭϳͿ͘ Contemporary drawing. WƌĞƐĞŶƚĂƟŽŶ Ăƚ ƚŚĞ KƚĂŐŽ WŽůLJƚĞĐŚŶŝĐ ŽĨ ƌƚ͕ ϭϭ DĂLJ͕ ƵŶĞĚŝŶ͕ EĞǁ Zealand. ŽĚŬŝŶͲ ůůĞŶ͕ ^͘ ;ϮϬϭϳͿ͘ Research at SIT. WƌĞƐĞŶƚĂƟŽŶ ĚĞůŝǀĞƌĞĚ to the University of the Third Age, 30 June, Invercargill, New Zealand. ŽĚŬŝŶͲ ůůĞŶ͕ ^͘ ;ϮϬϭϳͿ͘ Outreach Singing in Southland. WƌĞƐĞŶƚĂƟŽŶ ƚŽ ƚŚĞ tŝŶƚŽŶ ŝŶŶĞƌ ůƵď͕ Ϯϰ October, Winton, New Zealand. ŽĚŬŝŶͲ ůůĞŶ͕ ^͘ ;ϮϬϭϳͿ͘ KƵƚƌĞĂĐŚ ^ŝŶŐŝŶŐ ŝŶ ĐƟŽŶ͘ Workshop ƉƌĞƐĞŶƚĞĚ Ăƚ ͞DĂŬĞ ^ŽŵĞ EŽŝƐĞ͊͟ ʹ DƵƐŝĐ ĚƵĐĂƟŽŶ EĞǁ ĞĂůĂŶĚ ŽƚĞĂƌŽĂ D E ŽŶĨĞƌĞŶĐĞ͕ ϵͲϭϭ October, Wellington, New Zealand. ŽĚŬŝŶͲ ůůĞŶ͕ ^͘ Θ tĞƐƚ͕ ^͘ ;ϮϬϭϳͿ͘ Reaching out across the ditch: Developing and sustaining a crossdĂƐŵĂŶ ŵƵƐŝĐĂů ŽƵƚƌĞĂĐŚ ĐŽůůĂďŽƌĂƟŽŶ͘ ANU School of Music Research Seminar, 4 May, ANU School of Music, Canberra, Australia. ŽĚŬŝŶͲ ůůĞŶ͕ ^ Θ tĞƐƚ͕ ^͘ ;ϮϬϭϳͿ͘ Music engagement and outreach singing. Scholar Musician Series ANU School of Music, 4 May, ANU School of Music, Canberra, Australia. ŽďďƐ͕ ^͘ ;ϮϬϭϳͿ͘ dĞŶƐŝŽŶƐ ďĞƚǁĞĞŶ ĞĚƵĐĂƟŽŶ ĚĞŵĂŶĚƐ ĂŶĚ ƉƌŽĨĞƐƐŝŽŶĂůŝƐŵ ǁŚĞŶ ĐŽŶĚƵĐƟŶŐ ĐůŝŶŝĐĂů ĂƐƐĞƐƐŵĞŶƚƐ ŽĨ students, Teaching is twice. WƌĞƐĞŶƚĂƟŽŶ ƚŽ ^ŽƵƚŚůĂŶĚ District Health Board, 17 March, Invercargill, New Zealand. ŽďďƐ͕ ^͘ ;ϮϬϭϳͿ͘ ŶŝŐŚƟŶŐĂůĞ͛Ɛ ũŽƵƌŶĞLJ͘ WƌĞƐĞŶƚĂƟŽŶ ƚŽ EŽƌƚŚĞƌŶ ŽīĞĞ ůƵď͕ Ϯϭ DĂƌĐŚ͕ /ŶǀĞƌĐĂƌŐŝůů͕ EĞǁ Zealand.

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STAFF FOCUS

ŽďďƐ͕ ^͘ ;ϮϬϭϳͿ͘ ŶŝŐŚƟŶŐĂůĞ͛Ɛ ũŽƵƌŶĞLJ͘ WƌĞƐĞŶƚĂƟŽŶ ƚŽ Northern Inner Wheel, 10 April, Invercargill, New Zealand. ŽďďƐ͕ ^͘ ;ϮϬϭϳͿ͘ Southland nurses in WW1. WƌĞƐĞŶƚĂƟŽŶ Ăƚ &ŝƌƐƚ ŚƵƌĐŚ͕ ϯ DĂLJ͕ /ŶǀĞƌĐĂƌŐŝůů͕ EĞǁ ĞĂůĂŶĚ͘ <ŶŽǁůĞƌ͕ ͘D͘ ;ϮϬϭϳͿ͘ WĂƌĞŶƚĂů ƐƚƌĞƐƐ ĂŶĚ ƌĞƐƉŽŶƐĞ ƚŽ ůĞĂƌŶŝŶŐ ŝŶĨĂŶƚ ƐůĞĞƉ ĐƵĞƐ ĂŶĚ ƉĂƩĞƌŶƐ ĂŶĚ ůĞĂƌŶŝŶŐ ƚŽ ĐŽƉĞ ǁŝƚŚ ƟƌĞĚŶĞƐƐ͗ Ă ^ŽƵƚŚůĂŶĚ ƉĞƌƐƉĞĐƟǀĞ͘ WƌĞƐĞŶƚĂƟŽŶ to Southland District Health Board study day forum, Invercargill, New Zealand. DĐ ƵůůLJ͕ <͘ ;ϮϬϭϳͿ͘ MONA͘ WƌĞƐĞŶƚĂƟŽŶ Ăƚ ƚŚĞ ^ŽƵƚŚůĂŶĚ &ĞƐƟǀĂů ŽĨ ƌƚƐ͕ ϭϮ DĂLJ͕ /ŶǀĞƌĐĂƌŐŝůů͕ EĞǁ ĞĂůĂŶĚ͘ DĐ ƵůůLJ͕ <͘ ;ϮϬϭϳͿ͘ On the edges. Interview for The Big Idea. ZĞƚƌŝĞǀĞĚ ĨƌŽŵ ŚƩƉƐ͗ͬ​ͬǁǁǁ͘ƚŚĞďŝŐŝĚĞĂ͘ŶnjͬƐƚŽƌŝĞƐͬŽŶͲ the-edges, 30 June, New Zealand. DĐ ƵůůLJ͕ <͘ ;ϮϬϭϳͿ͘ The business of art. WƌĞƐĞŶƚĂƟŽŶ ƚŽ ƚŚĞ Invercargill Club, 15 November, Invercargill, New Zealand. WƌŝŶƐůŽŽ͕ >͘ ;ϮϬϭϳͿ͘ ^/d ^ĐŚŽŽů ŽĨ EƵƌƐŝŶŐ ƉƌĞͲƐĞůĞĐƟŽŶ interview. ZĞƐĞĂƌĐŚ &ŽƌƵŵ WƌĞƐĞŶƚĂƟŽŶ͕ Ϯϴ &ĞďƌƵĂƌLJ͕ ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ͕ /ŶǀĞƌĐĂƌŐŝůů͕ EĞǁ Zealand. WƌŝŶƐůŽŽ͕ >͘ ;ϮϬϭϳͿ͘ E ƐĐŽƉĞ ŽĨ ƉƌĂĐƟĐĞ͗ ŵĂdžŝŵŝnjŝŶŐ LJŽƵƌ ƉŽƚĞŶƟĂů͘ WƌĞƐĞŶƚĂƟŽŶ Ăƚ E EK E ĂŶŶƵĂů ƐƚƵĚLJ ĚĂLJ͕ ^ŽƵƚŚůĂŶĚ ŝƐƚƌŝĐƚ ,ĞĂůƚŚ ŽĂƌĚ ĚƵĐĂƟŽŶ ĞŶƚƌĞ͕ ϭϳ June, Invercargill, New Zealand. ^ƵŶĚĂƌĂũŽŽ͕ ^͘ ;ϮϬϭϳͿ͘ WŚŝůŽƐŽƉŚŝĐĂů ŚŝƐƚŽƌLJ ĂŶĚ ďĂĐŬŐƌŽƵŶĚ ŽĨ WĞƌƐŽŶ ĞŶƚƌĞĚ ĂƌĞ͘ Overview of the recruitment, ƉĂƌƟĐŝƉĂŶƚƐ ĂŶĚ ƌĞƐƵůƚƐ ĨƌŽŵ WŚ ƐƚƵĚLJ ĂŶĚ ƚŚĞ ŝŵƉůŝĐĂƟŽŶƐ ĨŽƌ ŶƵƌƐŝŶŐ ƉƌĂĐƟĐĞ͘ WƌĞƐĞŶƚĞĚ ǀŝĂ ŽŽŵ ƚŽ DĂƐƚĞƌƐ ŽĨ EƵƌƐŝŶŐ ^ĐŝĞŶĐĞ ^ƚƵĚĞŶƚƐ ;'ĞƌŽŶƚŽůŽŐLJͿ Ăƚ WŽƐƚ 'ƌĂĚƵĂƚĞ EƵƌƐŝŶŐ ^ĐŚŽŽů͕ ϯ Ɖƌŝů͕ ŚƌŝƐƚĐŚƵƌĐŚ͕ New Zealand. ^ƵŶĚĂƌĂũŽŽ͕ ^͘ ;ϮϬϭϳͿ͘ ZĞƐĞĂƌĐŚ ĮŶĚŝŶŐƐ͕ ĚŝƐĐƵƐƐŝŽŶƐ ĂŶĚ ƌĞĐŽŵŵĞŶĚĂƟŽŶƐ͘ WƌĞƐĞŶƚĞĚ ƚŽ EƵƌƐŝŶŐ 'ĞƌŽŶƚŽůŽŐLJ ^ƚƵĚĞŶƚƐ Ăƚ WŽƐƚ 'ƌĂĚƵĂƚĞ EƵƌƐŝŶŐ ^ĐŚŽŽů͕ 19 September, Christchurch, New Zealand. ^ƵŶĚĂƌĂũŽŽ͕ ^͘ ;ϮϬϭϳͿ͘ WĞƌƐŽŶ ĐĞŶƚƌĞĚ ĐĂƌĞ Ăƚ ůŽŶŐ ƚĞƌŵ ĐĂƌĞ͘ WƌĞƐĞŶƚĞĚ ƚŽ ZĞŐŝƐƚĞƌĞĚ ĂŶĚ ŶƌŽůůĞĚ EƵƌƐĞƐ Ăƚ ,ĞĂůƚŚ ĨŽƌ KůĚĞƌ WĞŽƉůĞ ǁŽƌŬƐŚŽƉ ďLJ ^ŽƵƚŚĞƌŶ ŝƐƚƌŝĐƚ ,ĞĂůƚŚ Board, 21 November, Invercargill. New Zealand.

WŽƐƚŐƌĂĚƵĂƚĞ dŚĞƐĞƐ tĂƚƐŽŶ͕ ͘ '͘ ;ϮϬϭϳͿ͘ Building resilience: Resilience for nursing ƐƚƵĚĞŶƚƐ ƵŶĚĞƌƚĂŬŝŶŐ ƚŚĞŝƌ ĮŶĂů ĐůŝŶŝĐĂů ƉůĂĐĞŵĞŶƚ͘ ;DĂƐƚĞƌ͛Ɛ ƚŚĞƐŝƐͿ͘ ZĞƚƌŝĞǀĞĚ ĨƌŽŵ ŝŐŝƚĂů E ͘ ĂƐƚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ͕ EĂƉŝĞƌ͕ EĞǁ ĞĂůĂŶĚ͘

ŽĐƚŽƌĂů dŚĞƐĞƐ ŽƚĂĨŽŐŽ͕ &͘ ;ϮϬϭϳͿ͘ WƌŽĐĞƐƐͲďĂƐĞĚ dŚĞŽƌLJ ŽĨ sĂůƵĞ͘ ;hŶƉƵďůŝƐŚĞĚ WŚ ƚŚĞƐŝƐͿ͘ University of Otago, Dunedin, New Zealand. DLJĞƌƐ͕ Z͘ ;ϮϬϭϳͿ͘ WƌĂĐƟĐĞƐ ŽĨ ƵƐĞ͘ ;hŶƉƵďůŝƐŚĞĚ ŽĐƚŽƌĂů ƚŚĞƐŝƐͿ͘ ƵĐŬůĂŶĚ hŶŝǀĞƌƐŝƚLJ ŽĨ dĞĐŚŶŽůŽŐLJ͕ Auckland, New Zealand.

WĂƌŬŝŶƐͲ ƌĂŝŐ͕ D͘ ;ϮϬϭϳͿ͘ WƌŽĚƵĐƟŽŶ͕ ŐĞŶƌĞ ĂŶĚ ĐŽŵƉŽƐŝƟŽŶ͗ A study of approaches to contemporary studio ƉƌŽĚƵĐƟŽŶ͘ ;hŶƉƵďůŝƐŚĞĚ ŽĐƚŽƌĂů ĚŝƐƐĞƌƚĂƟŽŶͿ͘ University of Otago, Dunedin, New Zealand. ^ŬĂƌŝĂ͕ Z͘ ;ϮϬϭϳͿ͘ džƉĞƌŝĞŶĐĞƐ ŽĨ ŽǀĞƌƐĞĂƐ ŶƵƌƐĞ ĞĚƵĐĂƚŽƌƐ teaching in New Zealand. ; Ě ƚŚĞƐŝƐͿ͘ DĂƐƐĞLJ hŶŝǀĞƌƐŝƚLJ͕ WĂůŵĞƌƐƚŽŶ EŽƌƚŚ͕ EĞǁ ĞĂůĂŶĚ͘ ^ƵŶĚĂƌĂũŽŽ͕ ^͘ ;ϮϬϭϳͿ͘ dŚĞ ůŝǀĞĚ ĞdžƉĞƌŝĞŶĐĞ ŽĨ ƉĞƌƐŽŶͲĐĞŶƚƌĞĚ ĐĂƌĞ ŝŶ ƌĞƐŝĚĞŶƟĂů ŚŽŵĞƐ ĨƌŽŵ EĞǁ ĞĂůĂŶĚ ĂŶĚ ^ŝŶŐĂƉŽƌĞ͗ dŚĞ ƉĞƌƐƉĞĐƟǀĞƐ ŽĨ ƌĞƐŝĚĞŶƚƐ͕ ĨƌŽŶƚůŝŶĞ caregivers and family members. ;hŶƉƵďůŝƐŚĞĚ ŽĐƚŽƌĂů ƚŚĞƐŝƐͿ͘ hŶŝǀĞƌƐŝƚLJ ŽĨ KƚĂŐŽ͕ ŚƌŝƐƚĐŚƵƌĐŚ͕ EĞǁ Zealand/


ANNUAL REPORT 2017

STATEMENT OF SERVICE PERFORMANCE

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STATEMENT OF SERVICE PERFORMANCE

GOAL 1 Provide for and encourage student participation and achievement in a range of quality learning opportunities and services

KEY POINT OF FOCUS ª ŶŚĂŶĐĞ ĂĐĂĚĞŵŝĐ ĂĐŚŝĞǀĞŵĞŶƚ ĂŶĚ ƐĂƟƐĨĂĐƟŽŶ ŽĨ ƐƚĂŬĞŚŽůĚĞƌƐ ª KīĞƌ Ă ƌĂŶŐĞ ŽĨ ƉƌŽŐƌĂŵŵĞƐ͕ ƐƚĂŝƌĐĂƐŝŶŐ ŽƉƉŽƌƚƵŶŝƟĞƐ ĂŶĚ ŇĞdžŝďůĞ ĚĞůŝǀĞƌLJ ŵŽĚĞƐ ǁŚŝĐŚ ƉƌŽǀŝĚĞ ǀŽĐĂƟŽŶĂů ĂŶĚ ůŝĨĞ ƐŬŝůůƐ ª /ŵƉƌŽǀĞ ƚŚĞ ƌĞƉƌĞƐĞŶƚĂƟŽŶ ĂŶĚ ĂĐŚŝĞǀĞŵĞŶƚ ŽĨ ƵŶĚĞƌͲƌĞƉƌĞƐĞŶƚĞĚ ĂŶĚ ĚŝƐĂĚǀĂŶƚĂŐĞĚ groups ª WƌŽǀŝĚĞ Ă ƌĂŶŐĞ ŽĨ ƐƚƵĚĞŶƚ ĂŶĚ ƐƚĂī ƐƵƉƉŽƌƚ ƐĞƌǀŝĐĞƐ

KƵƚƉƵƚ

KƵƚƉƵƚ ŵĞĂƐƵƌĞ

ϮϬϭϲ

ϮϬϭϳ

ϮϬϭϳ

ĐƚƵĂů

dĂƌŐĞƚ

ĐƚƵĂů

1.1

/ŵƉƌŽǀĞ ĐŽƵƌƐĞ ĐŽŵƉůĞƟŽŶ ƌĂƚĞƐ ĨŽƌ Ăůů students

WĞƌĐĞŶƚĂŐĞ ŝŶĐƌĞĂƐĞ ŝŶ ĐŽƵƌƐĞ ĐŽŵƉůĞƟŽŶ

75%

81%

76%

1.1

/ŵƉƌŽǀĞ ƋƵĂůŝĮĐĂƟŽŶ ĐŽŵƉůĞƟŽŶ ƌĂƚĞƐ ĨŽƌ all students

WĞƌĐĞŶƚĂŐĞ ŝŶĐƌĞĂƐĞ ŝŶ ƋƵĂůŝĮĐĂƟŽŶ ĐŽŵƉůĞƟŽŶ ƌĂƚĞƐ ĨŽƌ Ăůů ƐƚƵĚĞŶƚƐ

68%

75%

75%

1.1

DĂŝŶƚĂŝŶ ƐƚƵĚĞŶƚ ƐĂƟƐĨĂĐƟŽŶ ůĞǀĞůƐ

ĐŚŝĞǀĞŵĞŶƚ ŽĨ ƐƚƵĚĞŶƚ ƐĂƟƐĨĂĐƟŽŶ ůĞǀĞůƐ ŽĨ ĂŶ ĂǀĞƌĂŐĞ ŽĨ ϴϳй ;ďĞƐƚ ƌĂƟŶŐͿ ŝŶ ĂŶŶƵĂů ƐƵƌǀĞLJ ŽĨ ƉƌŽŐƌĂŵŵĞƐ ŽĨ Ϭ͘Ϯϱ &d^

92%

ш ϴϳй

93%

1.1

WĞƌĐĞŶƚĂŐĞ ŽĨ ŐƌĂĚƵĂƚĞƐ ŐĂŝŶŝŶŐ employment or progressing to further study

WĞƌĐĞŶƚĂŐĞ ŽĨ ŐƌĂĚƵĂƚĞƐ ŵĞĂƐƵƌĞĚ ďLJ ĂŶŶƵĂů 'ƌĂĚƵĂƚĞ ĞƐƟŶĂƟŽŶ ^ƵƌǀĞLJ

96%

ш ϵϬй

97%

1.1

ŶŶƵĂů WƌŽŐƌĂŵŵĞ ǀĂůƵĂƟŽŶ ZĞǀŝĞǁƐ carried out on all programmes greater than Ϭ͘Ϯϱ &d^

Number of programmes greater than 0.25 &d^ ĂŶĂůLJƐĞĚ ǀŝĂ ŶŶƵĂů WƌŽŐƌĂŵŵĞ ǀĂůƵĂƟŽŶ ZĞǀŝĞǁƐ

100%

100%

100%

1.2

ZĞƐƉŽŶĚ ƚŽ ƚŚĞ ŶĞĞĚ ĨŽƌ ŵŽƌĞ ƋƵĂůŝĮĐĂƟŽŶƐ EƵŵďĞƌ ŽĨ ŶĞǁͬƌĞǀŝƐĞĚ ƉƌŽŐƌĂŵŵĞƐ ŝŶ ^d D ŝŶ ^ĐŝĞŶĐĞ͕ dĞĐŚŶŽůŽŐLJ͕ ŶŐŝŶĞĞƌŝŶŐ ĂŶĚ DĂƚŚĞŵĂƟĐƐ ;^d DͿ

2

2

3#

1.4

Maintain or increase hourly availability on 2014 level of student learning support services

Student support availability maintained or increased, including Library, Learning Assistance unit, Support Services

=2015

шϮϬϭϲ

=2016

1.4

Increase teaching capability by providing ĂĚƵůƚ ĞĚƵĐĂƟŽŶ ƚƌĂŝŶŝŶŐ͕ ƉƌŽĨĞƐƐŝŽŶĂů development budget, mandatory compliance training and annual training ǁĞĞŬ ĨŽƌ ƐƚĂī

ĞƌƟĮĐĂƚĞ ĂŶĚ ŝƉůŽŵĂ ŝŶ ĚƵůƚ ĚƵĐĂƟŽŶ ĂŶĚ dƌĂŝŶŝŶŐ ĂǀĂŝůĂďůĞ ƚŽ Ăůů ƚĞĂĐŚŝŶŐ ƐƚĂī͕ budget allows for professional development, mandatory training occurs, annual training week occurs

100%

100%

100%

ηE ŝƉůŽŵĂ ŝŶ ŽŶƐƚƌƵĐƟŽŶ ;YƵĂŶƟƚLJ ^ƵƌǀĞLJŝŶŐͿ>ĞǀĞů ϲ͖ E ƌĐŚŝƚĞĐƚƵƌĂů dĞĐŚŶŽůŽŐLJ >ĞǀĞů ϲ͖ E sĞƚĞƌŝŶĂƌLJ EƵƌƐŝŶŐ >ĞǀĞů ϲ EŽƚĞ͗ ůů ƉĞƌĨŽƌŵĂŶĐĞ ŝŶĚŝĐĂƚŽƌƐ ƌĞůĂƚĞ ĚŝƌĞĐƚůLJ ƚŽ ^/d͛Ɛ /ŶǀĞƐƚŵĞŶƚ WůĂŶ ϮϬϭϳͲϮϬϭϴ


ANNUAL REPORT 2017

STATEMENT OF SERVICE PERFORMANCE

GOAL 2 Foster our social and professional obligations to both stakeholders and staff

KEY POINT OF FOCUS ª WƌŽǀŝĚĞ Ă ƌĂŶŐĞ ŽĨ ƐƚƵĚĞŶƚ ĂŶĚ ƐƚĂī ƐƵƉƉŽƌƚ ƐĞƌǀŝĐĞƐ ª Create and maintain policies which are consistent with the Human Rights Act ª ŶŚĂŶĐĞ ĂŶĚ ƉƌŽŵŽƚĞ ĂŶ ƵŶĚĞƌƐƚĂŶĚŝŶŐ ŽĨ dĞ dŝƌŝƟ Ž tĂŝƚĂŶŐŝ ĂŶĚ ŝƚƐ ĂƉƉůŝĐĂƟŽŶ ƚŽ ƚŚĞ ŝŶƐƟƚƵƟŽŶ ª WƌŽǀŝĚĞ Ă ƉŚLJƐŝĐĂůůLJ ĚĞƐŝƌĂďůĞ ůĞĂƌŶŝŶŐ ĂŶĚ ǁŽƌŬŝŶŐ ĞŶǀŝƌŽŶŵĞŶƚ

KƵƚƉƵƚ 2.1

KƵƚƉƵƚ ŵĞĂƐƵƌĞ

ϮϬϭϲ

ϮϬϭϳ

ϮϬϭϳ

ĐƚƵĂů

dĂƌŐĞƚ

ĐƚƵĂů =2 p.a

ŶŚĂŶĐĞ ƌĞůĂƟŽŶƐŚŝƉƐ ǁŝƚŚ Ăůů ĞdžƚĞƌŶĂů ƐƚĂŬĞŚŽůĚĞƌƐ

DŝŶŝŵƵŵ ŽĨ Ϯ ŵĞĞƟŶŐƐ ƉĞƌ LJĞĂƌ ĨŽƌ = 2 p.a. ĚǀŝƐŽƌLJ ŽŵŵŝƩĞĞƐ͕ ŵŝŶŝŵƵŵ ŽĨ ŽŶĞ Annual Advisory ĂŶŶƵĂů ĚǀŝƐŽƌLJ ŽŵŵŝƩĞĞ ĨƵŶĐƟŽŶ ŽŵŵŝƩĞĞ ĨƵŶĐƟŽŶ ŚĞůĚ

шϮ Ɖ͘Ă͘

2.2

WƌŽŵŽƚĞ ĂŶ ƵŶĚĞƌƐƚĂŶĚŝŶŐ ŽĨ dĞ dŝƌŝƟ tĂŝƚĂŶŐŝ ƚŽ ƐƚĂī

WƌŽǀŝĚĞ ďŝͲĐƵůƚƵƌĂů ƚƌĂŝŶŝŶŐ ŽŶ ĂŶ ĂŶŶƵĂů ďĂƐŝƐ ĨŽƌ Ăůů ƐƚĂī

100%

100%

100%

2.2

Maintain or increase engagement with Maori

^ƚƌĂƚĞŐŝĐ ƌĞůĂƟŽŶƐŚŝƉ ǁŝƚŚ dĞ tĂŶĂŶŐĂ O Aotearoa maintained, evidenced by the number of programmes and the ŶƵŵďĞƌ ŽĨ &d^

=2015

ш ϮϬϭϲ

=2016

2.2

Maintain or increase support for Maori students

WƌŽǀŝƐŝŽŶ ŽĨ DĂŽƌŝ ^ƵƉƉŽƌƚ ĞŶƚƌĞ service levels maintained or increased

=2015

ш ϮϬϭϲ

=2016

2.3

ŶƐƵƌĞ ƚŚĂƚ ƐƚĂī ĂƌĞ ĂǁĂƌĞ ŽĨ the policies and issues related to the Human Rights Act

Annual mandatory training provided ĨŽƌ Ăůů ƐƚĂī ŽŶ ,ƵŵĂŶ ZŝŐŚƚƐ Đƚ ĂŶĚ K ŝƐƐƵĞƐ

100%

100%

100%

2.3

ŶƐƵƌĞ ƚŚĂƚ ƐƚĂī ĂƌĞ ĂǁĂƌĞ ŽĨ ĐŽŶĚŝƟŽŶƐ ŽĨ ƐĞƌǀŝĐĞ͕ ƐĞdžƵĂů harassment and disability awareness issues

Annual mandatory training provided ĂŶĚ ĐŽŵŵƵŶŝĐĂƟŽŶ ŵĂŝŶƚĂŝŶĞĚ ƚŚƌŽƵŐŚ K ƐƚĂī ŶŽƟĐĞďŽĂƌĚ͕ ŝŶͲŚŽƵƐĞ ŶĞǁƐůĞƩĞƌ ĂŶĚ ƐƚĂī development plans

100%

100%

100%

2.3

Maintain employee database and record on-going job ĂƉƉůŝĐĂƟŽŶ ƐƚĂƟƐƟĐƐ

KŶͲŐŽŝŶŐ ũŽď ĂƉƉůŝĐĂƟŽŶ ƐƚĂƟƐƟĐƐ recorded

100%

100%

100%

EŽƚĞ͗ ůů ƉĞƌĨŽƌŵĂŶĐĞ ŝŶĚŝĐĂƚŽƌƐ ƌĞůĂƚĞ ĚŝƌĞĐƚůLJ ƚŽ ^/d͛Ɛ /ŶǀĞƐƚŵĞŶƚ WůĂŶ ϮϬϭϳͲϮϬϭϴ

Annual Advisory ŽŵŵŝƩĞĞ ĨƵŶĐƟŽŶ ŚĞůĚ

59


60

ANNUAL REPORT 2017

STATEMENT OF SERVICE PERFORMANCE

GOAL 3 Operate a viable educationally directed business entity

KEY POINT OF FOCUS ª DĂŶĂŐĞ ƚŚĞ ŽƌŐĂŶŝƐĂƟŽŶ ĞīĞĐƟǀĞůLJ ĂŶĚ ĞĸĐŝĞŶƚůLJ ª ĞŵŽŶƐƚƌĂƚĞ ĐŽŵŵŝƚŵĞŶƚ ƚŽ ƚŚĞ ĞŵƉůŽLJŵĞŶƚ ĂŶĚ ĚĞǀĞůŽƉŵĞŶƚ ŽĨ ƋƵĂůŝƚLJ ƐƚĂī ª ŶŚĂŶĐĞ ƌĞǀĞŶƵĞ ŝŶĐŽŵĞ ĨƌŽŵ ŽƚŚĞƌ ĂĐƟǀŝƟĞƐ͘

KƵƚƉƵƚ 3.1

3.2

3.2

ŶŚĂŶĐĞ ďƵƐŝŶĞƐƐ performance through the following output measures

ŵƉůŽLJ ĂŶĚ ĚĞǀĞůŽƉ ƋƵĂůŝƚLJ ƐƚĂī

KƵƚƉƵƚ ŵĞĂƐƵƌĞ

ϮϬϭϲ

ϮϬϭϳ

ϮϬϭϳ

ĐƚƵĂů

dĂƌŐĞƚ

ĐƚƵĂů

ĐŚŝĞǀĞ ƚĂƌŐĞƚ ǁŝƚŚŝŶ ϯйнͬͲ ŽĨ 'ŽǀĞƌŶŵĞŶƚ &d^ ĂůůŽĐĂƚĞĚ 94% ŝŶ ƚŚĞ /ŶǀĞƐƚŵĞŶƚ WůĂŶ ƉƌŽĐĞƐƐ

97 - 103%

91.02%

Achieve a surplus of 1.5% of net assets

2.17%

ш ϭ͘ϱй

3.58%

Achieve reserves of a minimum of

$7.2m

$7.1m

$7.37m

ϭϱй ŽĨ ĂŶŶƵĂů ŽƉĞƌĂƟŶŐ ĞdžƉĞŶĚŝƚƵƌĞ Žƌ ϱϬй ŽĨ ĂŶŶƵĂů ĐĂƉŝƚĂů ĞdžƉĞŶĚŝƚƵƌĞ͕ ǁŚŝĐŚĞǀĞƌ ŝƐ ŐƌĞĂƚĞƌ

= 15% ŽĨ ŽƉĞdž

= 15% ŽĨ ŽƉĞdž

= 15% ŽĨ ŽƉĞdž

DĂŝŶƚĂŝŶ ĂŶ ŽƉĞƌĂƟŶŐ ƐƵƌƉůƵƐ ŽĨ ϯй ŽĨ ƌĞǀĞŶƵĞ

5.14%

ш ϯй

7.65%

DĂŝŶƚĂŝŶ Ă ƌĞǀĞŶƵĞ ƚŽ ǁŽƌŬŝŶŐ ĐĂƉŝƚĂů ƌĂƟŽ ŽĨ ϭϬϬй Žƌ more

226.19%

ш ϭϬϬй

212.11%

ĐŚŝĞǀĞ Ăƚ ůĞĂƐƚ ϱй ŶĞƚ ĐĂƐŚ ŇŽǁ ĨƌŽŵ ŽƉĞƌĂƟŽŶƐ

16.06%

ш ϱй

16.93%

EĞǁ ƐƚĂī ĂƩƌĂĐƚ ϴϬdd, ĂďĂƚĞŵĞŶƚ ĨŽƌ ƚƌĂŝŶŝŶŐ

100%

100%

100%

ASU hours maintained or increased in mentoring and ƚƌĂŝŶŝŶŐ ŽĨ ƐƚĂī

=2015

ш ϮϬϭϲ

=2016

100%

100%

100%

&ĂĐƵůƚLJ ƌĞƐĞĂƌĐŚ ĂĐŚ ĨĂĐƵůƚLJ ǁŚŝĐŚ ĚĞůŝǀĞƌƐ ĚĞŐƌĞĞƐ͕ ƐƵďŵŝƚƐ ƌĞƉŽƌƚƐ ĂŶĚ reports and plans plans developed for each academic year and ƐƵďŵŝƩĞĚ ƚŽ ƚŚĞ ZĞƐĞĂƌĐŚ ŽŵŵŝƩĞĞ of the Academic Board for approval

EŽƚĞ͗ ůů ƉĞƌĨŽƌŵĂŶĐĞ ŝŶĚŝĐĂƚŽƌƐ ƌĞůĂƚĞ ĚŝƌĞĐƚůLJ ƚŽ ^/d͛Ɛ /ŶǀĞƐƚŵĞŶƚ WůĂŶ ϮϬϭϳͲϮϬϭϴ


ANNUAL REPORT 2017

FINANCIAL PERFORMANCE INDICATORS

STATEMENT OF SERVICE PERFORMANCE

WƵƌƉŽƐĞ ŽĨ Measurement

ĂůĐƵůĂƟŽŶ

Measurement

WĞƌĨŽƌŵĂŶĐĞ dĂƌŐĞƚ Ͳ dŽ ƌĞƉŽƌƚ ŽŶ ƚŚĞ ĨŽůůŽǁŝŶŐ 2017 ĮŶĂŶĐŝĂů ƌĂƟŽƐ ĂƐ Ăƚ ϯϭ ĞĐĞŵďĞƌ ϮϬϭϳ ǁŝƚŚ ƚŚĞ Ăŝŵ ŽĨ ŵĞĞƟŶŐ Žƌ ĞdžĐĞĞĚŝŶŐ ƚŚĞ ƉƌĞǀŝŽƵƐ LJĞĂƌ͛Ɛ ƌĂƟŽƐ͘

2016

YƵŝĐŬ ZĂƟŽ

ϯ͘Ϯϲ

ϯ͘ϭϯ

ϭϬ͘ϳϬ

ϭϬ͘ϲϲ

ZĂƟŽ ŽĨ͗ Current Monetary Assets Current Monetary >ŝĂďŝůŝƟĞƐ

ƋƵŝƚLJͬ Ğďƚ ZĂƟŽ

ZĂƟŽ ŽĨ͗ dŽƚĂů ƋƵŝƚLJ Total Liability

INSTITUTE PERFORMANCE STATISTICS Indicators

EĞƚ ZĞǀĞŶƵĞ DĂƌŐŝŶ

Net Income Total Revenue

ϳ͘ϱϴй

ϱ͘ϭϲй

dŽƚĂů ƐƐĞƚ dƵƌŶŽǀĞƌ

Total Revenue Total Assets

ϰϮ͘ϴϰй

ϰϮ͘Ϯϵй

ZĞƚƵƌŶ ŽŶ /ŶǀĞƐƚŵĞŶƚ ; Ƶ WŽŶƚ ĨŽƌŵƵůĂͿ

EĞƚ /ŶĐŽŵĞ dž dŽƚĂů Revenue dŽƚĂů ZĞǀĞŶƵĞ dž dŽƚĂů Assets

ϯ͘Ϯϱй

Ϯ͘ϭϴй

Indicator

Target

Actual

/ŶƐƟƚƵƟŽŶ &d^ dŽƚĂů

3,827

3,484

33.26

31.08

;'ŽǀĞƌŶŵĞŶƚ &ƵŶĚĞĚ DĂŝŶƐƚƌĞĂŵ ƉƌŽŐƌĂŵŵĞƐͿ Use of Teaching Resources ; &d^͗ dƵƚŽƌ ZĂƟŽͿ EŽƚĞ͗ DĂŶĂŐĞƌƐ ĂƌĞ ĞdžĐůƵĚĞĚ ĨƌŽŵ ƚŚĞ ĚĂƚĂ ƚŽ ŵĞĂƐƵƌĞ ͞ƵƐĞ ŽĨ ƚĞĂĐŚŝŶŐ ƌĞƐŽƵƌĐĞƐ͟ 2017

2016

EƵŵďĞƌ ŽĨ &d^ ;ŵĂŝŶƐƚƌĞĂŵ ĨƵŶĚŝŶŐͿ Ͳ ĐƚƵĂů

3,484

3,624

EƵŵďĞƌ ŽĨ &d^ ;ŵĂŝŶƐƚƌĞĂŵ ĨƵŶĚŝŶŐͿ ʹ dĂƌŐĞƚ

3,827

3,858

91%

94%

EƵŵďĞƌ ŽĨ &d^ ;Ăůů ĐŽƵƌƐĞƐͿ Ͳ ĐƚƵĂů

4,952

5,313

EƵŵďĞƌ ŽĨ &d^ ;Ăůů ĐŽƵƌƐĞƐͿ ʹ dĂƌŐĞƚ

5,299

5,316

WĞƌĐĞŶƚĂŐĞ ĐƚƵĂů ƚŽ dĂƌŐĞƚ

93%

100%

ΔdĞĂĐŚŝŶŐ ^ƚĂī &d ʹ ĐƚƵĂů

159.32

148.65

Δ ĐƚƵĂů &d^ ƉĞƌ &d dƵƚŽƌ ƌĂƟŽ

31.08

33.60

Δ ƵĚŐĞƚ &d^ ƉĞƌ &d dƵƚŽƌ ƌĂƟŽ

33.26

33.62

WĞƌĐĞŶƚĂŐĞ ĐƚƵĂů ƚŽ dĂƌŐĞƚ

Δ džĐůƵĚĞƐ Ăůů ^ƵďĐŽŶƚƌĂĐƚĞĚ &d^ ĂŶĚ Ăůů ĨĂĐŝůŝƚĂƚŽƌ &d ͛Ɛ Ύ džĐůƵĚĞƐ Ăůů ZĞǀĞŶƵĞ ĂŶĚ ŐĂŝŶƐͬůŽƐƐĞƐ ŝŶ ƌĞǀĂůƵĂƟŽŶ

61


62

ANNUAL REPORT 2017

STATEMENT OF RESPONSIBILITY dŚĞ ŽƵŶĐŝů ĂŶĚ ŵĂŶĂŐĞŵĞŶƚ ĂƌĞ ƌĞƐƉŽŶƐŝďůĞ ĨŽƌ ƚŚĞ ƉƌĞƉĂƌĂƟŽŶ ŽĨ ƚŚĞ ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ ĂŶĚ ŐƌŽƵƉ͛Ɛ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ and statement of service performance, and for the judgements made in them. dŚĞ ŽƵŶĐŝů ĂŶĚ ŵĂŶĂŐĞŵĞŶƚ ŽĨ ƚŚĞ ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ have the responsibility for establishing and maintaining a system of internal control designed to provide reasonable assurance as to the ŝŶƚĞŐƌŝƚLJ ĂŶĚ ƌĞůŝĂďŝůŝƚLJ ŽĨ ĮŶĂŶĐŝĂů ƌĞƉŽƌƟŶŐ͘ /Ŷ ƚŚĞ ŽƵŶĐŝů ĂŶĚ ŵĂŶĂŐĞŵĞŶƚ͛Ɛ ŽƉŝŶŝŽŶ͕ ƚŚĞƐĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ ĂŶĚ ƐƚĂƚĞŵĞŶƚ ŽĨ ƐĞƌǀŝĐĞ ƉĞƌĨŽƌŵĂŶĐĞ ĨĂŝƌůLJ ƌĞŇĞĐƚ ƚŚĞ ĮŶĂŶĐŝĂů ƉŽƐŝƟŽŶ ĂŶĚ ŽƉĞƌĂƟŽŶƐ ŽĨ ƚŚĞ ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ ĂŶĚ group for the year ended 31 December 2017.

WĞƚĞƌ ,ĞĞŶĂŶ

WĞŶŶLJ ^ŝŵŵŽŶĚƐ

CHAIRPERSON OF COUNCIL

,/ & y hd/s

14th May 2018


63

ANNUAL REPORT 2017

/ŶĚĞƉĞŶĚĞŶƚ ƵĚŝƚŽƌ͛Ɛ ZĞƉŽƌƚ dŽ ƚŚĞ ƌĞĂĚĞƌƐ ŽĨ ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ ĂŶĚ ŐƌŽƵƉ͛Ɛ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ ĂŶĚ ƐƚĂƚĞŵĞŶƚ ŽĨ ƐĞƌǀŝĐĞ ƉĞƌĨŽƌŵĂŶĐĞ ĨŽƌ ƚŚĞ LJĞĂƌ ĞŶĚĞĚ ϯϭ ĞĐĞŵďĞƌ ϮϬϭϳ dŚĞ ƵĚŝƚŽƌ 'ĞŶĞƌĂů ŝƐ ƚŚĞ ĂƵĚŝƚŽƌ ŽĨ ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ ;ƚŚĞ /ŶƐƟƚƵƚĞͿ ĂŶĚ ŐƌŽƵƉ͘ dŚĞ ƵĚŝƚŽƌ 'ĞŶĞƌĂů ŚĂƐ ĂƉƉŽŝŶƚĞĚ ŵĞ͕ :ƵůŝĂŶ dĂŶ͕ ƵƐŝŶŐ ƚŚĞ ƐƚĂī ĂŶĚ ƌĞƐŽƵƌĐĞƐ ŽĨ ƵĚŝƚ EĞǁ ĞĂůĂŶĚ͕ ƚŽ ĐĂƌƌLJ ŽƵƚ ƚŚĞ ĂƵĚŝƚ ŽĨ ƚŚĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ ĂŶĚ ƐƚĂƚĞŵĞŶƚ ŽĨ ƐĞƌǀŝĐĞ ƉĞƌĨŽƌŵĂŶĐĞ ŽĨ ƚŚĞ /ŶƐƟƚƵƚĞ ĂŶĚ ŐƌŽƵƉ ŽŶ ŚŝƐ behalf.

KƉŝŶŝŽŶ We have audited: •

ƚŚĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ ŽĨ ƚŚĞ /ŶƐƟƚƵƚĞ ĂŶĚ ŐƌŽƵƉ ŽŶ ƉĂŐĞƐ ϲϲ ƚŽ ϵϱ͕ ƚŚĂƚ ĐŽŵƉƌŝƐĞ ƚŚĞ ƐƚĂƚĞŵĞŶƚ ŽĨ ĮŶĂŶĐŝĂů ƉŽƐŝƟŽŶ ĂƐ Ăƚ ϯϭ ĞĐĞŵďĞƌ ϮϬϭϳ͕ ƚŚĞ ƐƚĂƚĞŵĞŶƚ ŽĨ ĐŽŵƉƌĞŚĞŶƐŝǀĞ ƌĞǀĞŶƵĞ ĂŶĚ ĞdžƉĞŶƐĞ͕ ƐƚĂƚĞŵĞŶƚ ŽĨ ĐŚĂŶŐĞƐ ŝŶ ĞƋƵŝƚLJ͕ ĂŶĚ ƐƚĂƚĞŵĞŶƚ ŽĨ ĐĂƐŚ ŇŽǁƐ ĨŽƌ ƚŚĞ LJĞĂƌ ĞŶĚĞĚ ŽŶ ƚŚĂƚ ĚĂƚĞ ĂŶĚ ƚŚĞ ŶŽƚĞƐ ƚŽ ƚŚĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ ƚŚĂƚ ŝŶĐůƵĚĞ ĂĐĐŽƵŶƟŶŐ ƉŽůŝĐŝĞƐ ĂŶĚ ŽƚŚĞƌ ĞdžƉůĂŶĂƚŽƌLJ ŝŶĨŽƌŵĂƟŽŶ͖ ĂŶĚ

ƚŚĞ ƐƚĂƚĞŵĞŶƚ ŽĨ ƐĞƌǀŝĐĞ ƉĞƌĨŽƌŵĂŶĐĞ ŽĨ ƚŚĞ /ŶƐƟƚƵƚĞ ĂŶĚ ŐƌŽƵƉ ŽŶ ƉĂŐĞƐ ϱϳ ƚŽ ϲϭ͘

/Ŷ ŽƵƌ ŽƉŝŶŝŽŶ͗ •

ƚŚĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ ŽĨ ƚŚĞ /ŶƐƟƚƵƚĞ ĂŶĚ ŐƌŽƵƉ ŽŶ ƉĂŐĞƐ ϲϲ ƚŽϵϱ͗ ƉƌĞƐĞŶƚ ĨĂŝƌůLJ͕ ŝŶ Ăůů ŵĂƚĞƌŝĂů ƌĞƐƉĞĐƚƐ͗ ͻ ƚŚĞ ĮŶĂŶĐŝĂů ƉŽƐŝƟŽŶ ĂƐ Ăƚ ϯϭ ĞĐĞŵďĞƌ ϮϬϭϳ͖ ĂŶĚ ͻ ƚŚĞ ĮŶĂŶĐŝĂů ƉĞƌĨŽƌŵĂŶĐĞ ĂŶĚ ĐĂƐŚ ŇŽǁƐ ĨŽƌ ƚŚĞ LJĞĂƌ ƚŚĞŶ ĞŶĚĞĚ͖ ĂŶĚ {

{

ĐŽŵƉůLJ ǁŝƚŚ ŐĞŶĞƌĂůůLJ ĂĐĐĞƉƚĞĚ ĂĐĐŽƵŶƟŶŐ ƉƌĂĐƟĐĞ ŝŶ EĞǁ ĞĂůĂŶĚ ŝŶ ĂĐĐŽƌĚĂŶĐĞ ǁŝƚŚ WƵďůŝĐ ĞŶĞĮƚ ŶƟƚLJ ZĞƉŽƌƟŶŐ ^ƚĂŶĚĂƌĚƐ͖ ĂŶĚ

ƚŚĞ ƐƚĂƚĞŵĞŶƚ ŽĨ ƐĞƌǀŝĐĞ ƉĞƌĨŽƌŵĂŶĐĞ ŽĨ ƚŚĞ /ŶƐƟƚƵƚĞ ĂŶĚ ŐƌŽƵƉ ŽŶ ƉĂŐĞƐ ϱϳ ƚŽ ϲϭ ƉƌĞƐĞŶƚƐ ĨĂŝƌůLJ͕ ŝŶ Ăůů ŵĂƚĞƌŝĂů ƌĞƐƉĞĐƚƐ͕ ƚŚĞ /ŶƐƟƚƵƚĞ ĂŶĚ ŐƌŽƵƉ͛Ɛ ƐĞƌǀŝĐĞ ƉĞƌĨŽƌŵĂŶĐĞ ĂĐŚŝĞǀĞŵĞŶƚƐ ŵĞĂƐƵƌĞĚ ĂŐĂŝŶƐƚ ƚŚĞ ƉƌŽƉŽƐĞĚ ŽƵƚĐŽŵĞƐ ĚĞƐĐƌŝďĞĚ ŝŶ ƚŚĞ ŝŶǀĞƐƚŵĞŶƚ ƉůĂŶ ĨŽƌ ƚŚĞ LJĞĂƌ ĞŶĚĞĚ ϯϭ ĞĐĞŵďĞƌ ϮϬϭϳ͘

KƵƌ ĂƵĚŝƚ ǁĂƐ ĐŽŵƉůĞƚĞĚ ŽŶ ϭϰ DĂLJ ϮϬϭϴ͘ dŚŝƐ ŝƐ ƚŚĞ ĚĂƚĞ Ăƚ ǁŚŝĐŚ ŽƵƌ ŽƉŝŶŝŽŶ ŝƐ ĞdžƉƌĞƐƐĞĚ͘ dŚĞ ďĂƐŝƐ ĨŽƌ ŽƵƌ ŽƉŝŶŝŽŶ ŝƐ ĞdžƉůĂŝŶĞĚ ďĞůŽǁ͘ /Ŷ ĂĚĚŝƟŽŶ͕ ǁĞ ŽƵƚůŝŶĞ ƚŚĞ ƌĞƐƉŽŶƐŝďŝůŝƟĞƐ ŽĨ ƚŚĞ ŽƵŶĐŝů ĂŶĚ ŽƵƌ ƌĞƐƉŽŶƐŝďŝůŝƟĞƐ ƌĞůĂƟŶŐ ƚŽ ƚŚĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ ĂŶĚ ƚŚĞ ƐƚĂƚĞŵĞŶƚ ŽĨ ƐĞƌǀŝĐĞ ƉĞƌĨŽƌŵĂŶĐĞ͕ ǁĞ ĐŽŵŵĞŶƚ ŽŶ ŽƚŚĞƌ ŝŶĨŽƌŵĂƟŽŶ͕ ĂŶĚ ǁĞ ĞdžƉůĂŝŶ ŽƵƌ ŝŶĚĞƉĞŶĚĞŶĐĞ͘

ĂƐŝƐ ĨŽƌ ŽƵƌ ŽƉŝŶŝŽŶ tĞ ĐĂƌƌŝĞĚ ŽƵƚ ŽƵƌ ĂƵĚŝƚ ŝŶ ĂĐĐŽƌĚĂŶĐĞ ǁŝƚŚ ƚŚĞ ƵĚŝƚŽƌ 'ĞŶĞƌĂů͛Ɛ ƵĚŝƟŶŐ ^ƚĂŶĚĂƌĚƐ͕ ǁŚŝĐŚ ŝŶĐŽƌƉŽƌĂƚĞ ƚŚĞ WƌŽĨĞƐƐŝŽŶĂů ĂŶĚ ƚŚŝĐĂů ^ƚĂŶĚĂƌĚƐ ĂŶĚ ƚŚĞ /ŶƚĞƌŶĂƟŽŶĂů ^ƚĂŶĚĂƌĚƐ ŽŶ ƵĚŝƟŶŐ ;EĞǁ ĞĂůĂŶĚͿ ŝƐƐƵĞĚ ďLJ ƚŚĞ EĞǁ ĞĂůĂŶĚ ƵĚŝƟŶŐ ĂŶĚ ƐƐƵƌĂŶĐĞ ^ƚĂŶĚĂƌĚƐ ŽĂƌĚ͘ KƵƌ ƌĞƐƉŽŶƐŝďŝůŝƟĞƐ ƵŶĚĞƌ ƚŚŽƐĞ ƐƚĂŶĚĂƌĚƐ ĂƌĞ ĨƵƌƚŚĞƌ ĚĞƐĐƌŝďĞĚ ŝŶ ƚŚĞ ZĞƐƉŽŶƐŝďŝůŝƟĞƐ ŽĨ ƚŚĞ ĂƵĚŝƚŽƌ ƐĞĐƟŽŶ ŽĨ ŽƵƌ ƌĞƉŽƌƚ͘ tĞ ŚĂǀĞ ĨƵůĮůůĞĚ ŽƵƌ ƌĞƐƉŽŶƐŝďŝůŝƟĞƐ ŝŶ ĂĐĐŽƌĚĂŶĐĞ ǁŝƚŚ ƚŚĞ ƵĚŝƚŽƌ 'ĞŶĞƌĂů͛Ɛ ƵĚŝƟŶŐ ^ƚĂŶĚĂƌĚƐ͘ tĞ ďĞůŝĞǀĞ ƚŚĂƚ ƚŚĞ ĂƵĚŝƚ ĞǀŝĚĞŶĐĞ ǁĞ ŚĂǀĞ ŽďƚĂŝŶĞĚ ŝƐ ƐƵĸĐŝĞŶƚ ĂŶĚ ĂƉƉƌŽƉƌŝĂƚĞ ƚŽ ƉƌŽǀŝĚĞ Ă ďĂƐŝƐ ĨŽƌ ŽƵƌ ŽƉŝŶŝŽŶ͘


64

ANNUAL REPORT 2017

ZĞƐƉŽŶƐŝďŝůŝƟĞƐ ŽĨ ƚŚĞ ŽƵŶĐŝů ĨŽƌ ƚŚĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ ĂŶĚ ƚŚĞ ƐƚĂƚĞŵĞŶƚ ŽĨ ƐĞƌǀŝĐĞ ƉĞƌĨŽƌŵĂŶĐĞ dŚĞ ŽƵŶĐŝů ŝƐ ƌĞƐƉŽŶƐŝďůĞ ŽŶ ďĞŚĂůĨ ŽĨ ƚŚĞ /ŶƐƟƚƵƚĞ ĂŶĚ ŐƌŽƵƉ ĨŽƌ ƉƌĞƉĂƌŝŶŐ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ ƚŚĂƚ ĂƌĞ ĨĂŝƌůLJ ƉƌĞƐĞŶƚĞĚ ĂŶĚ ƚŚĂƚ ĐŽŵƉůLJ ǁŝƚŚ ŐĞŶĞƌĂůůLJ ĂĐĐĞƉƚĞĚ ĂĐĐŽƵŶƟŶŐ ƉƌĂĐƟĐĞ ŝŶ EĞǁ ĞĂůĂŶĚ͘ dŚĞ ŽƵŶĐŝů ŝƐ ĂůƐŽ ƌĞƐƉŽŶƐŝďůĞ ŽŶ ďĞŚĂůĨ ŽĨ ƚŚĞ /ŶƐƟƚƵƚĞ ĂŶĚ ŐƌŽƵƉ ĨŽƌ ƉƌĞƉĂƌŝŶŐ Ă ƐƚĂƚĞŵĞŶƚ ŽĨ ƐĞƌǀŝĐĞ ƉĞƌĨŽƌŵĂŶĐĞ ƚŚĂƚ ŝƐ ĨĂŝƌůLJ ƉƌĞƐĞŶƚĞĚ͘ dŚĞ ŽƵŶĐŝů ŝƐ ƌĞƐƉŽŶƐŝďůĞ ĨŽƌ ƐƵĐŚ ŝŶƚĞƌŶĂů ĐŽŶƚƌŽů ĂƐ ŝƚ ĚĞƚĞƌŵŝŶĞƐ ŝƐ ŶĞĐĞƐƐĂƌLJ ƚŽ ĞŶĂďůĞ ŝƚ ƚŽ ƉƌĞƉĂƌĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ ĂŶĚ Ă ƐƚĂƚĞŵĞŶƚ ŽĨ ƐĞƌǀŝĐĞ ƉĞƌĨŽƌŵĂŶĐĞ ƚŚĂƚ ĂƌĞ ĨƌĞĞ ĨƌŽŵ ŵĂƚĞƌŝĂů ŵŝƐƐƚĂƚĞŵĞŶƚ͕ ǁŚĞƚŚĞƌ ĚƵĞ ƚŽ ĨƌĂƵĚ Žƌ ĞƌƌŽƌ͘ /Ŷ ƉƌĞƉĂƌŝŶŐ ƚŚĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ ĂŶĚ ƚŚĞ ƐƚĂƚĞŵĞŶƚ ŽĨ ƐĞƌǀŝĐĞ ƉĞƌĨŽƌŵĂŶĐĞ͕ ƚŚĞ ŽƵŶĐŝů ŝƐ ƌĞƐƉŽŶƐŝďůĞ ŽŶ ďĞŚĂůĨ ŽĨ ƚŚĞ /ŶƐƟƚƵƚĞ ĂŶĚ ŐƌŽƵƉ ĨŽƌ ĂƐƐĞƐƐŝŶŐ ƚŚĞ /ŶƐƟƚƵƚĞ ĂŶĚ ŐƌŽƵƉ͛Ɛ ĂďŝůŝƚLJ ƚŽ ĐŽŶƟŶƵĞ ĂƐ Ă ŐŽŝŶŐ ĐŽŶĐĞƌŶ͘ dŚĞ ŽƵŶĐŝů ŝƐ ĂůƐŽ ƌĞƐƉŽŶƐŝďůĞ ĨŽƌ ĚŝƐĐůŽƐŝŶŐ͕ ĂƐ ĂƉƉůŝĐĂďůĞ͕ ŵĂƩĞƌƐ ƌĞůĂƚĞĚ ƚŽ ŐŽŝŶŐ ĐŽŶĐĞƌŶ ĂŶĚ ƵƐŝŶŐ ƚŚĞ ŐŽŝŶŐ ĐŽŶĐĞƌŶ ďĂƐŝƐ ŽĨ ĂĐĐŽƵŶƟŶŐ͕ ƵŶůĞƐƐ ƚŚĞ ŽƵŶĐŝů ŝŶƚĞŶĚƐ ƚŽ ůŝƋƵŝĚĂƚĞ ƚŚĞ /ŶƐƟƚƵƚĞ ĂŶĚ ŐƌŽƵƉ Žƌ ƚŽ ĐĞĂƐĞ ŽƉĞƌĂƟŽŶƐ͕ Žƌ ŚĂƐ ŶŽ ƌĞĂůŝƐƟĐ ĂůƚĞƌŶĂƟǀĞ ďƵƚ ƚŽ ĚŽ ƐŽ͘ dŚĞ ŽƵŶĐŝů͛Ɛ ƌĞƐƉŽŶƐŝďŝůŝƟĞƐ ĂƌŝƐĞ ĨƌŽŵ ƚŚĞ ƌŽǁŶ ŶƟƟĞƐ Đƚ ϮϬϬϰ ĂŶĚ ƚŚĞ ĚƵĐĂƟŽŶ Đƚ ϭϵϴϵ͘

ZĞƐƉŽŶƐŝďŝůŝƟĞƐ ŽĨ ƚŚĞ ĂƵĚŝƚŽƌ ĨŽƌ ƚŚĞ ĂƵĚŝƚ ŽĨ ƚŚĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ ĂŶĚ ƚŚĞ ƐƚĂƚĞŵĞŶƚ ŽĨ ƐĞƌǀŝĐĞ ƉĞƌĨŽƌŵĂŶĐĞ KƵƌ ŽďũĞĐƟǀĞƐ ĂƌĞ ƚŽ ŽďƚĂŝŶ ƌĞĂƐŽŶĂďůĞ ĂƐƐƵƌĂŶĐĞ ĂďŽƵƚ ǁŚĞƚŚĞƌ ƚŚĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ ĂŶĚ ƚŚĞ ƐƚĂƚĞŵĞŶƚ ŽĨ ƐĞƌǀŝĐĞ ƉĞƌĨŽƌŵĂŶĐĞ͕ ĂƐ Ă ǁŚŽůĞ͕ ĂƌĞ ĨƌĞĞ ĨƌŽŵ ŵĂƚĞƌŝĂů ŵŝƐƐƚĂƚĞŵĞŶƚ͕ ǁŚĞƚŚĞƌ ĚƵĞ ƚŽ ĨƌĂƵĚ Žƌ ĞƌƌŽƌ͕ ĂŶĚ ƚŽ ŝƐƐƵĞ ĂŶ ĂƵĚŝƚŽƌ͛Ɛ ƌĞƉŽƌƚ ƚŚĂƚ ŝŶĐůƵĚĞƐ ŽƵƌ ŽƉŝŶŝŽŶ͘ ZĞĂƐŽŶĂďůĞ ĂƐƐƵƌĂŶĐĞ ŝƐ Ă ŚŝŐŚ ůĞǀĞů ŽĨ ĂƐƐƵƌĂŶĐĞ͕ ďƵƚ ŝƐ ŶŽƚ Ă ŐƵĂƌĂŶƚĞĞ ƚŚĂƚ ĂŶ ĂƵĚŝƚ ĐĂƌƌŝĞĚ ŽƵƚ ŝŶ ĂĐĐŽƌĚĂŶĐĞ ǁŝƚŚ ƚŚĞ ƵĚŝƚŽƌ 'ĞŶĞƌĂů͛Ɛ ƵĚŝƟŶŐ ^ƚĂŶĚĂƌĚƐ ǁŝůů ĂůǁĂLJƐ ĚĞƚĞĐƚ Ă ŵĂƚĞƌŝĂů ŵŝƐƐƚĂƚĞŵĞŶƚ ǁŚĞŶ ŝƚ ĞdžŝƐƚƐ͘ DŝƐƐƚĂƚĞŵĞŶƚƐ ĂƌĞ ĚŝīĞƌĞŶĐĞƐ Žƌ ŽŵŝƐƐŝŽŶƐ ŽĨ ĂŵŽƵŶƚƐ Žƌ ĚŝƐĐůŽƐƵƌĞƐ͕ ĂŶĚ ĐĂŶ ĂƌŝƐĞ ĨƌŽŵ ĨƌĂƵĚ Žƌ ĞƌƌŽƌ͘ DŝƐƐƚĂƚĞŵĞŶƚƐ ĂƌĞ ĐŽŶƐŝĚĞƌĞĚ ŵĂƚĞƌŝĂů ŝĨ͕ ŝŶĚŝǀŝĚƵĂůůLJ Žƌ ŝŶ ƚŚĞ ĂŐŐƌĞŐĂƚĞ͕ ƚŚĞLJ ĐŽƵůĚ ƌĞĂƐŽŶĂďůLJ ďĞ ĞdžƉĞĐƚĞĚ ƚŽ ŝŶŇƵĞŶĐĞ ƚŚĞ ĚĞĐŝƐŝŽŶƐ ŽĨ ƌĞĂĚĞƌƐ ƚĂŬĞŶ ŽŶ ƚŚĞ ďĂƐŝƐ ŽĨ ƚŚĞƐĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ ĂŶĚ ƐƚĂƚĞŵĞŶƚ ŽĨ ƐĞƌǀŝĐĞ ƉĞƌĨŽƌŵĂŶĐĞ͘ &Žƌ ƚŚĞ ďƵĚŐĞƚ ŝŶĨŽƌŵĂƟŽŶ ƌĞƉŽƌƚĞĚ ŝŶ ƚŚĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ ĂŶĚ ƚŚĞ ƐƚĂƚĞŵĞŶƚ ŽĨ ƐĞƌǀŝĐĞ ƉĞƌĨŽƌŵĂŶĐĞ͕ ŽƵƌ ƉƌŽĐĞĚƵƌĞƐ ǁĞƌĞ ůŝŵŝƚĞĚ ƚŽ ĐŚĞĐŬŝŶŐ ƚŚĂƚ ƚŚĞ ŝŶĨŽƌŵĂƟŽŶ ĂŐƌĞĞĚ ƚŽ ƚŚĞ /ŶƐƟƚƵƚĞ ĂŶĚ ŐƌŽƵƉ͛Ɛ ƐƚĂƚĞŵĞŶƚ ŽĨ ƉĞƌĨŽƌŵĂŶĐĞ ĞdžƉĞĐƚĂƟŽŶƐ Žƌ ĞƋƵŝǀĂůĞŶƚ ĨŽƌĞĐĂƐƚ ĚŽĐƵŵĞŶƚ͘ tĞ ĚŝĚ ŶŽƚ ĞǀĂůƵĂƚĞ ƚŚĞ ƐĞĐƵƌŝƚLJ ĂŶĚ ĐŽŶƚƌŽůƐ ŽǀĞƌ ƚŚĞ ĞůĞĐƚƌŽŶŝĐ ƉƵďůŝĐĂƟŽŶ ŽĨ ƚŚĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ ĂŶĚ ƚŚĞ ƐƚĂƚĞŵĞŶƚ ŽĨ ƐĞƌǀŝĐĞ ƉĞƌĨŽƌŵĂŶĐĞ͘ Ɛ ƉĂƌƚ ŽĨ ĂŶ ĂƵĚŝƚ ŝŶ ĂĐĐŽƌĚĂŶĐĞ ǁŝƚŚ ƚŚĞ ƵĚŝƚŽƌ 'ĞŶĞƌĂů͛Ɛ ƵĚŝƟŶŐ ^ƚĂŶĚĂƌĚƐ͕ ǁĞ ĞdžĞƌĐŝƐĞ ƉƌŽĨĞƐƐŝŽŶĂů ũƵĚŐĞŵĞŶƚ ĂŶĚ ŵĂŝŶƚĂŝŶ ƉƌŽĨĞƐƐŝŽŶĂů ƐĐĞƉƟĐŝƐŵ ƚŚƌŽƵŐŚŽƵƚ ƚŚĞ ĂƵĚŝƚ͘ ůƐŽ͗ •

tĞ ŝĚĞŶƟĨLJ ĂŶĚ ĂƐƐĞƐƐ ƚŚĞ ƌŝƐŬƐ ŽĨ ŵĂƚĞƌŝĂů ŵŝƐƐƚĂƚĞŵĞŶƚ ŽĨ ƚŚĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ ĂŶĚ ƚŚĞ ƐƚĂƚĞŵĞŶƚ ŽĨ ƐĞƌǀŝĐĞ ƉĞƌĨŽƌŵĂŶĐĞ͕ ǁŚĞƚŚĞƌ ĚƵĞ ƚŽ ĨƌĂƵĚ Žƌ ĞƌƌŽƌ͕ ĚĞƐŝŐŶ ĂŶĚ ƉĞƌĨŽƌŵ ĂƵĚŝƚ ƉƌŽĐĞĚƵƌĞƐ ƌĞƐƉŽŶƐŝǀĞ ƚŽ ƚŚŽƐĞ ƌŝƐŬƐ͕ ĂŶĚ ŽďƚĂŝŶ ĂƵĚŝƚ ĞǀŝĚĞŶĐĞ ƚŚĂƚ ŝƐ ƐƵĸĐŝĞŶƚ ĂŶĚ ĂƉƉƌŽƉƌŝĂƚĞ ƚŽ ƉƌŽǀŝĚĞ Ă ďĂƐŝƐ ĨŽƌ ŽƵƌ ŽƉŝŶŝŽŶ͘ dŚĞ ƌŝƐŬ ŽĨ ŶŽƚ ĚĞƚĞĐƟŶŐ Ă ŵĂƚĞƌŝĂů ŵŝƐƐƚĂƚĞŵĞŶƚ ƌĞƐƵůƟŶŐ ĨƌŽŵ ĨƌĂƵĚ ŝƐ ŚŝŐŚĞƌ ƚŚĂŶ ĨŽƌ ŽŶĞ ƌĞƐƵůƟŶŐ ĨƌŽŵ ĞƌƌŽƌ͕ ĂƐ ĨƌĂƵĚ ŵĂLJ ŝŶǀŽůǀĞ ĐŽůůƵƐŝŽŶ͕ ĨŽƌŐĞƌLJ͕ ŝŶƚĞŶƟŽŶĂů ŽŵŝƐƐŝŽŶƐ͕ ŵŝƐƌĞƉƌĞƐĞŶƚĂƟŽŶƐ͕ Žƌ ƚŚĞ ŽǀĞƌƌŝĚĞ ŽĨ ŝŶƚĞƌŶĂů ĐŽŶƚƌŽů͘

tĞ ŽďƚĂŝŶ ĂŶ ƵŶĚĞƌƐƚĂŶĚŝŶŐ ŽĨ ŝŶƚĞƌŶĂů ĐŽŶƚƌŽů ƌĞůĞǀĂŶƚ ƚŽ ƚŚĞ ĂƵĚŝƚ ŝŶ ŽƌĚĞƌ ƚŽ ĚĞƐŝŐŶ ĂƵĚŝƚ ƉƌŽĐĞĚƵƌĞƐ ƚŚĂƚ ĂƌĞ ĂƉƉƌŽƉƌŝĂƚĞ ŝŶ ƚŚĞ ĐŝƌĐƵŵƐƚĂŶĐĞƐ͕ ďƵƚ ŶŽƚ ĨŽƌ ƚŚĞ ƉƵƌƉŽƐĞ ŽĨ ĞdžƉƌĞƐƐŝŶŐ ĂŶ ŽƉŝŶŝŽŶ ŽŶ ƚŚĞ ĞīĞĐƟǀĞŶĞƐƐ ŽĨ ƚŚĞ /ŶƐƟƚƵƚĞ ĂŶĚ ŐƌŽƵƉ͛Ɛ ŝŶƚĞƌŶĂů ĐŽŶƚƌŽů͘

tĞ ĞǀĂůƵĂƚĞ ƚŚĞ ĂƉƉƌŽƉƌŝĂƚĞŶĞƐƐ ŽĨ ĂĐĐŽƵŶƟŶŐ ƉŽůŝĐŝĞƐ ƵƐĞĚ ĂŶĚ ƚŚĞ ƌĞĂƐŽŶĂďůĞŶĞƐƐ ŽĨ ĂĐĐŽƵŶƟŶŐ ĞƐƟŵĂƚĞƐ ĂŶĚ ƌĞůĂƚĞĚ ĚŝƐĐůŽƐƵƌĞƐ ŵĂĚĞ ďLJ ƚŚĞ ŽƵŶĐŝů͘


ANNUAL REPORT 2017

tĞ ĐŽŶĐůƵĚĞ ŽŶ ƚŚĞ ĂƉƉƌŽƉƌŝĂƚĞŶĞƐƐ ŽĨ ƚŚĞ ƵƐĞ ŽĨ ƚŚĞ ŐŽŝŶŐ ĐŽŶĐĞƌŶ ďĂƐŝƐ ŽĨ ĂĐĐŽƵŶƟŶŐ ďLJ ƚŚĞ ŽƵŶĐŝů ĂŶĚ͕ ďĂƐĞĚ ŽŶ ƚŚĞ ĂƵĚŝƚ ĞǀŝĚĞŶĐĞ ŽďƚĂŝŶĞĚ͕ ǁŚĞƚŚĞƌ Ă ŵĂƚĞƌŝĂů ƵŶĐĞƌƚĂŝŶƚLJ ĞdžŝƐƚƐ ƌĞůĂƚĞĚ ƚŽ ĞǀĞŶƚƐ Žƌ ĐŽŶĚŝƟŽŶƐ ƚŚĂƚ ŵĂLJ ĐĂƐƚ ƐŝŐŶŝĮĐĂŶƚ ĚŽƵďƚ ŽŶ ƚŚĞ /ŶƐƟƚƵƚĞ ĂŶĚ ŐƌŽƵƉ͛Ɛ ĂďŝůŝƚLJ ƚŽ ĐŽŶƟŶƵĞ ĂƐ Ă ŐŽŝŶŐ ĐŽŶĐĞƌŶ͘ /Ĩ ǁĞ ĐŽŶĐůƵĚĞ ƚŚĂƚ Ă ŵĂƚĞƌŝĂů ƵŶĐĞƌƚĂŝŶƚLJ ĞdžŝƐƚƐ͕ ǁĞ ĂƌĞ ƌĞƋƵŝƌĞĚ ƚŽ ĚƌĂǁ ĂƩĞŶƟŽŶ ŝŶ ŽƵƌ ĂƵĚŝƚŽƌ͛Ɛ ƌĞƉŽƌƚ ƚŽ ƚŚĞ ƌĞůĂƚĞĚ ĚŝƐĐůŽƐƵƌĞƐ ŝŶ ƚŚĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ ĂŶĚ ƚŚĞ ƐƚĂƚĞŵĞŶƚ ŽĨ ƐĞƌǀŝĐĞ ƉĞƌĨŽƌŵĂŶĐĞ Žƌ͕ ŝĨ ƐƵĐŚ ĚŝƐĐůŽƐƵƌĞƐ ĂƌĞ ŝŶĂĚĞƋƵĂƚĞ͕ ƚŽ ŵŽĚŝĨLJ ŽƵƌ ŽƉŝŶŝŽŶ͘ KƵƌ ĐŽŶĐůƵƐŝŽŶƐ ĂƌĞ ďĂƐĞĚ ŽŶ ƚŚĞ ĂƵĚŝƚ ĞǀŝĚĞŶĐĞ ŽďƚĂŝŶĞĚ ƵƉ ƚŽ ƚŚĞ ĚĂƚĞ ŽĨ ŽƵƌ ĂƵĚŝƚŽƌ͛Ɛ ƌĞƉŽƌƚ͘ ,ŽǁĞǀĞƌ͕ ĨƵƚƵƌĞ ĞǀĞŶƚƐ Žƌ ĐŽŶĚŝƟŽŶƐ ŵĂLJ ĐĂƵƐĞ ƚŚĞ /ŶƐƟƚƵƚĞ ĂŶĚ ŐƌŽƵƉ ƚŽ ĐĞĂƐĞ ƚŽ ĐŽŶƟŶƵĞ ĂƐ Ă ŐŽŝŶŐ ĐŽŶĐĞƌŶ͘

tĞ ĞǀĂůƵĂƚĞ ƚŚĞ ŽǀĞƌĂůů ƉƌĞƐĞŶƚĂƟŽŶ͕ ƐƚƌƵĐƚƵƌĞ ĂŶĚ ĐŽŶƚĞŶƚ ŽĨ ƚŚĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ ĂŶĚ ƚŚĞ ƐƚĂƚĞŵĞŶƚ ŽĨ ƐĞƌǀŝĐĞ ƉĞƌĨŽƌŵĂŶĐĞ͕ ŝŶĐůƵĚŝŶŐ ƚŚĞ ĚŝƐĐůŽƐƵƌĞƐ͕ ĂŶĚ ǁŚĞƚŚĞƌ ƚŚĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ ĂŶĚ ƚŚĞ ƐƚĂƚĞŵĞŶƚ ŽĨ ƐĞƌǀŝĐĞ ƉĞƌĨŽƌŵĂŶĐĞ ƌĞƉƌĞƐĞŶƚ ƚŚĞ ƵŶĚĞƌůLJŝŶŐ ƚƌĂŶƐĂĐƟŽŶƐ ĂŶĚ ĞǀĞŶƚƐ ŝŶ Ă ŵĂŶŶĞƌ ƚŚĂƚ ĂĐŚŝĞǀĞƐ ĨĂŝƌ ƉƌĞƐĞŶƚĂƟŽŶ͘

tĞ ŽďƚĂŝŶ ƐƵĸĐŝĞŶƚ ĂƉƉƌŽƉƌŝĂƚĞ ĂƵĚŝƚ ĞǀŝĚĞŶĐĞ ƌĞŐĂƌĚŝŶŐ ƚŚĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ ĂŶĚ ƚŚĞ ƐƚĂƚĞŵĞŶƚ ŽĨ ƐĞƌǀŝĐĞ ƉĞƌĨŽƌŵĂŶĐĞ ŽĨ ƚŚĞ ĞŶƟƟĞƐ Žƌ ďƵƐŝŶĞƐƐ ĂĐƟǀŝƟĞƐ ǁŝƚŚŝŶ ƚŚĞ ŐƌŽƵƉ ƚŽ ĞdžƉƌĞƐƐ ĂŶ ŽƉŝŶŝŽŶ ŽŶ ƚŚĞ ĐŽŶƐŽůŝĚĂƚĞĚ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ ĂŶĚ ƚŚĞ ĐŽŶƐŽůŝĚĂƚĞĚ ƐƚĂƚĞŵĞŶƚ ŽĨ ƐĞƌǀŝĐĞ ƉĞƌĨŽƌŵĂŶĐĞ͘ tĞ ĂƌĞ ƌĞƐƉŽŶƐŝďůĞ ĨŽƌ ƚŚĞ ĚŝƌĞĐƟŽŶ͕ ƐƵƉĞƌǀŝƐŝŽŶ ĂŶĚ ƉĞƌĨŽƌŵĂŶĐĞ ŽĨ ƚŚĞ ŐƌŽƵƉ ĂƵĚŝƚ͘ tĞ ƌĞŵĂŝŶ ƐŽůĞůLJ ƌĞƐƉŽŶƐŝďůĞ ĨŽƌ ŽƵƌ ĂƵĚŝƚ ŽƉŝŶŝŽŶ͘

tĞ ĐŽŵŵƵŶŝĐĂƚĞ ǁŝƚŚ ƚŚĞ ŽƵŶĐŝů ƌĞŐĂƌĚŝŶŐ͕ ĂŵŽŶŐ ŽƚŚĞƌ ŵĂƩĞƌƐ͕ ƚŚĞ ƉůĂŶŶĞĚ ƐĐŽƉĞ ĂŶĚ ƟŵŝŶŐ ŽĨ ƚŚĞ ĂƵĚŝƚ ĂŶĚ ƐŝŐŶŝĮĐĂŶƚ ĂƵĚŝƚ ĮŶĚŝŶŐƐ͕ ŝŶĐůƵĚŝŶŐ ĂŶLJ ƐŝŐŶŝĮĐĂŶƚ ĚĞĮĐŝĞŶĐŝĞƐ ŝŶ ŝŶƚĞƌŶĂů ĐŽŶƚƌŽů ƚŚĂƚ ǁĞ ŝĚĞŶƟĨLJ ĚƵƌŝŶŐ ŽƵƌ ĂƵĚŝƚ͘ KƵƌ ƌĞƐƉŽŶƐŝďŝůŝƟĞƐ ĂƌŝƐĞ ĨƌŽŵ ƚŚĞ WƵďůŝĐ ƵĚŝƚ Đƚ ϮϬϬϭ͘

KƚŚĞƌ ŝŶĨŽƌŵĂƟŽŶ dŚĞ ŽƵŶĐŝů ŝƐ ƌĞƐƉŽŶƐŝďůĞ ĨŽƌ ƚŚĞ ŽƚŚĞƌ ŝŶĨŽƌŵĂƟŽŶ͘ dŚĞ ŽƚŚĞƌ ŝŶĨŽƌŵĂƟŽŶ ĐŽŵƉƌŝƐĞƐ ƚŚĞ ŝŶĨŽƌŵĂƟŽŶ ŝŶĐůƵĚĞĚ ŽŶ ƉĂŐĞƐ ϭ ƚŽ ϱϲ͕ ϲϮ͕ ĂŶĚ ϵϲ ƚŽ ϵϴ ďƵƚ ĚŽĞƐ ŶŽƚ ŝŶĐůƵĚĞ ƚŚĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ ĂŶĚ ƚŚĞ ƐƚĂƚĞŵĞŶƚ ŽĨ ƐĞƌǀŝĐĞ ƉĞƌĨŽƌŵĂŶĐĞ͕ ĂŶĚ ŽƵƌ ĂƵĚŝƚŽƌ͛Ɛ ƌĞƉŽƌƚ ƚŚĞƌĞŽŶ͘ KƵƌ ŽƉŝŶŝŽŶ ŽŶ ƚŚĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ ĂŶĚ ƚŚĞ ƐƚĂƚĞŵĞŶƚ ŽĨ ƐĞƌǀŝĐĞ ƉĞƌĨŽƌŵĂŶĐĞ ĚŽĞƐ ŶŽƚ ĐŽǀĞƌ ƚŚĞ ŽƚŚĞƌ ŝŶĨŽƌŵĂƟŽŶ ĂŶĚ ǁĞ ĚŽ ŶŽƚ ĞdžƉƌĞƐƐ ĂŶLJ ĨŽƌŵ ŽĨ ĂƵĚŝƚ ŽƉŝŶŝŽŶ Žƌ ĂƐƐƵƌĂŶĐĞ ĐŽŶĐůƵƐŝŽŶ ƚŚĞƌĞŽŶ͘ /Ŷ ĐŽŶŶĞĐƟŽŶ ǁŝƚŚ ŽƵƌ ĂƵĚŝƚ ŽĨ ƚŚĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ ĂŶĚ ƚŚĞ ƐƚĂƚĞŵĞŶƚ ŽĨ ƐĞƌǀŝĐĞ ƉĞƌĨŽƌŵĂŶĐĞ͕ ŽƵƌ ƌĞƐƉŽŶƐŝďŝůŝƚLJ ŝƐ ƚŽ ƌĞĂĚ ƚŚĞ ŽƚŚĞƌ ŝŶĨŽƌŵĂƟŽŶ͘ /Ŷ ĚŽŝŶŐ ƐŽ͕ ǁĞ ĐŽŶƐŝĚĞƌ ǁŚĞƚŚĞƌ ƚŚĞ ŽƚŚĞƌ ŝŶĨŽƌŵĂƟŽŶ ŝƐ ŵĂƚĞƌŝĂůůLJ ŝŶĐŽŶƐŝƐƚĞŶƚ ǁŝƚŚ ƚŚĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ ĂŶĚ ƚŚĞ ƐƚĂƚĞŵĞŶƚ ŽĨ ƐĞƌǀŝĐĞ ƉĞƌĨŽƌŵĂŶĐĞ Žƌ ŽƵƌ ŬŶŽǁůĞĚŐĞ ŽďƚĂŝŶĞĚ ŝŶ ƚŚĞ ĂƵĚŝƚ͕ Žƌ ŽƚŚĞƌǁŝƐĞ ĂƉƉĞĂƌƐ ƚŽ ďĞ ŵĂƚĞƌŝĂůůLJ ŵŝƐƐƚĂƚĞĚ͘ /Ĩ͕ ďĂƐĞĚ ŽŶ ŽƵƌ ǁŽƌŬ͕ ǁĞ ĐŽŶĐůƵĚĞ ƚŚĂƚ ƚŚĞƌĞ ŝƐ Ă ŵĂƚĞƌŝĂů ŵŝƐƐƚĂƚĞŵĞŶƚ ŽĨ ƚŚŝƐ ŽƚŚĞƌ ŝŶĨŽƌŵĂƟŽŶ͕ ǁĞ ĂƌĞ ƌĞƋƵŝƌĞĚ ƚŽ ƌĞƉŽƌƚ ƚŚĂƚ ĨĂĐƚ͘ tĞ ŚĂǀĞ ŶŽƚŚŝŶŐ ƚŽ ƌĞƉŽƌƚ ŝŶ ƚŚŝƐ ƌĞŐĂƌĚ͘

/ŶĚĞƉĞŶĚĞŶĐĞ tĞ ĂƌĞ ŝŶĚĞƉĞŶĚĞŶƚ ŽĨ ƚŚĞ /ŶƐƟƚƵƚĞ ĂŶĚ ŐƌŽƵƉ ŝŶ ĂĐĐŽƌĚĂŶĐĞ ǁŝƚŚ ƚŚĞ ŝŶĚĞƉĞŶĚĞŶĐĞ ƌĞƋƵŝƌĞŵĞŶƚƐ ŽĨ ƚŚĞ ƵĚŝƚŽƌ 'ĞŶĞƌĂů͛Ɛ ƵĚŝƟŶŐ ^ƚĂŶĚĂƌĚƐ͕ ǁŚŝĐŚ ŝŶĐŽƌƉŽƌĂƚĞ ƚŚĞ ŝŶĚĞƉĞŶĚĞŶĐĞ ƌĞƋƵŝƌĞŵĞŶƚƐ ŽĨ WƌŽĨĞƐƐŝŽŶĂů ĂŶĚ ƚŚŝĐĂů ^ƚĂŶĚĂƌĚ ϭ ;ZĞǀŝƐĞĚͿ͗ ŽĚĞ ŽĨ ƚŚŝĐƐ ĨŽƌ ƐƐƵƌĂŶĐĞ WƌĂĐƟƟŽŶĞƌƐ ŝƐƐƵĞĚ ďLJ ƚŚĞ EĞǁ ĞĂůĂŶĚ ƵĚŝƟŶŐ ĂŶĚ ƐƐƵƌĂŶĐĞ ^ƚĂŶĚĂƌĚƐ ŽĂƌĚ͘ KƚŚĞƌ ƚŚĂŶ ƚŚĞ ĂƵĚŝƚ͕ ǁĞ ŚĂǀĞ ŶŽ ƌĞůĂƟŽŶƐŚŝƉ ǁŝƚŚ Žƌ ŝŶƚĞƌĞƐƚƐ ŝŶ ƚŚĞ /ŶƐƟƚƵƚĞ Žƌ ĂŶLJ ŽĨ ŝƚƐ ƐƵďƐŝĚŝĂƌŝĞƐ͘

:ƵůŝĂŶ dĂŶ ƵĚŝƚ EĞǁ ĞĂůĂŶĚ On behalf of the Auditor General ƵŶĞĚŝŶ͕ EĞǁ ĞĂůĂŶĚ

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S STATEMENT OF ACCOUNTING POLICIES PO OLICIES

ANNUAL REPORT 2017

^ƚĂƚĞŵĞŶƚ ŽĨ ĐĐŽƵŶƟŶŐ WŽůŝĐŝĞƐ ZĞƉŽƌƟŶŐ ŶƟƚLJ dŚĞ ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ ;ƚŚĞ /ŶƐƟƚƵƚĞͿ ŝƐ Ă dĞƌƟĂƌLJ ĚƵĐĂƟŽŶ /ŶƐƟƚƵƚĞ ;d /Ϳ ĚŽŵŝĐŝůĞĚ ŝŶ EĞǁ ĞĂůĂŶĚ ĂŶĚ ŝƐ ŐŽǀĞƌŶĞĚ ďLJ ƚŚĞ ƌŽǁŶ ŶƟƟĞƐ Đƚ ϮϬϬϰ ĂŶĚ ƚŚĞ ĚƵĐĂƟŽŶ Act 1989. dŚĞ /ŶƐƟƚƵƚĞ ĂŶĚ ŐƌŽƵƉ ĐŽŶƐŝƐƚƐ ŽĨ ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ ĂŶĚ ŝƚƐ ŝŶ ƐƵďƐƚĂŶĐĞ ƐƵďƐŝĚĂƌLJ͕ ^ŽƵƚŚĞƌŶ ĚƵĐĂƟŽŶ Charitable Trust. The 49% equity share of its associate ^ŽƵƚŚĞƌŶ >ĂŬĞƐ ŶŐůŝƐŚ ŽůůĞŐĞ >ŝŵŝƚĞĚ ŝƐ ĞƋƵŝƚLJ ĂĐĐŽƵŶƚĞĚ͘ MotorTrain Limited is a shell company in which SIT holds a 25% ŝŶƚĞƌĞƐƚ ǁŝƚŚ ŶŽ ƚƌĂŶƐĂĐƟŽŶƐ ďĞŝŶŐ ŝŶĐƵƌƌĞĚ ĚƵƌŝŶŐ ƚŚĞ LJĞĂƌ͘ dŚĞ ƉƌŝŵĂƌLJ ŽďũĞĐƟǀĞ ŽĨ ƚŚĞ /ŶƐƟƚƵƚĞ ĂŶĚ ŐƌŽƵƉ ŝƐ ƚŽ ƉƌŽǀŝĚĞ ƚĞƌƟĂƌLJ ĞĚƵĐĂƟŽŶ ƐĞƌǀŝĐĞƐ ĨŽƌ ƚŚĞ ďĞŶĞĮƚ ŽĨ ƚŚĞ ĐŽŵŵƵŶŝƚLJ ƌĂƚŚĞƌ ƚŚĂŶ ŵĂŬŝŶŐ Ă ĮŶĂŶĐŝĂů ƌĞƚƵƌŶ͘ ĐĐŽƌĚŝŶŐůLJ͕ ƚŚĞ /ŶƐƟƚƵƚĞ ŚĂƐ ĚĞƐŝŐŶĂƚĞĚ ŝƚƐĞůĨ ĂŶĚ ƚŚĞ ŐƌŽƵƉ ĂƐ ƉƵďůŝĐ ďĞŶĞĮƚ ĞŶƟƟĞƐ ;W ƐͿ ĨŽƌ ƚŚĞ ƉƵƌƉŽƐĞƐ ŽĨ ĮŶĂŶĐŝĂů ƌĞƉŽƌƟŶŐ͘ dŚĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ ŽĨ ƚŚĞ /ŶƐƟƚƵƚĞ ĂŶĚ ŐƌŽƵƉ ĂƌĞ ĨŽƌ ƚŚĞ LJĞĂƌ ĞŶĚĞĚ ϯϭ ĞĐĞŵďĞƌ ϮϬϭϳ͘ dŚĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ ǁĞƌĞ authorised for issue by the Council on 14th May 2018.

WƌĞƐĞŶƚĂƟŽŶ ƵƌƌĞŶĐLJ ĂŶĚ ZŽƵŶĚŝŶŐ dŚĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ ĂƌĞ ƉƌĞƐĞŶƚĞĚ ŝŶ EĞǁ ĞĂůĂŶĚ ĚŽůůĂƌƐ and all values are rounded to the nearest thousand dollars ;ΨϬϬϬͿ͘

^ŝŐŶŝĮĐĂŶƚ ĐĐŽƵŶƟŶŐ WŽůŝĐŝĞƐ dŚĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ ŝŶĐůƵĚĞ Ă ƐƚĂƚĞŵĞŶƚ ŽĨ ĮŶĂŶĐŝĂů performance, a statement of comprehensive revenue and ĞdžƉĞŶƐĞ͕ Ă ƐƚĂƚĞŵĞŶƚ ŽĨ ĐŚĂŶŐĞƐ ŝŶ ĞƋƵŝƚLJ͕ Ă ƐƚĂƚĞŵĞŶƚ ŽĨ ĮŶĂŶĐŝĂů ƉŽƐŝƟŽŶ͕ Ă ƐƚĂƚĞŵĞŶƚ ŽĨ ĐĂƐŚ ŇŽǁƐ͕ Ă ƐƚĂƚĞŵĞŶƚ ŽĨ ĐŽŶƟŶŐĞŶĐŝĞƐ ĂŶĚ Ă ƐƚĂƚĞŵĞŶƚ ŽĨ ĐŽŵŵŝƚŵĞŶƚƐ͘ dŚĞ ĂĐĐŽƵŶƟŶŐ ƉŽůŝĐŝĞƐ ƐĞƚ ŽƵƚ ďĞůŽǁ ŚĂǀĞ ďĞĞŶ ĂƉƉůŝĞĚ ĐŽŶƐŝƐƚĞŶƚůLJ ƚŽ Ăůů ƉĞƌŝŽĚƐ ƉƌĞƐĞŶƚĞĚ ŝŶ ƚŚĞƐĞ ĮŶĂŶĐŝĂů statements.

ZĞǀĞŶƵĞ ZĞǀĞŶƵĞ ŝƐ ŵĞĂƐƵƌĞĚ Ăƚ ĨĂŝƌ ǀĂůƵĞ͘ dŚĞ ƐƉĞĐŝĮĐ ĂĐĐŽƵŶƟŶŐ ƉŽůŝĐŝĞƐ ĨŽƌ ƐŝŐŶŝĮĐĂŶƚ ƌĞǀĞŶƵĞ ŝƚĞŵƐ ĂƌĞ ĞdžƉůĂŝŶĞĚ ďĞůŽǁ

ĂƐŝƐ ŽĨ WƌĞƉĂƌĂƟŽŶ dŚĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ ŚĂǀĞ ďĞĞŶ ƉƌĞƉĂƌĞĚ ŽŶ Ă ŐŽŝŶŐ ĐŽŶĐĞƌŶ ďĂƐŝƐ͕ ĂŶĚ ƚŚĞ ĂĐĐŽƵŶƟŶŐ ƉŽůŝĐŝĞƐ ŚĂǀĞ ďĞĞŶ ĂƉƉůŝĞĚ consistently throughout the period.

^ƚĂƚĞŵĞŶƚ ŽĨ ŽŵƉůŝĂŶĐĞ dŚĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ ŽĨ ƚŚĞ /ŶƐƟƚƵƚĞ ĂŶĚ ŐƌŽƵƉ ŚĂǀĞ ďĞĞŶ prepared in accordance with the requirements of the Crown ŶƟƟĞƐ Đƚ ϮϬϬϰ ĂŶĚ ƚŚĞ ĚƵĐĂƟŽŶ Đƚ ϭϵϴϵ͕ ǁŚŝĐŚ ŝŶĐůƵĚĞ the requirement to comply with New Zealand generally ĂĐĐĞƉƚĞĚ ĂĐĐŽƵŶƟŶŐ ƉƌĂĐƟĐĞ ;E ' WͿ͘ dŚĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ ŚĂǀĞ ďĞĞŶ ƉƌĞƉĂƌĞĚ ŝŶ ĂĐĐŽƌĚĂŶĐĞ ǁŝƚŚ dŝĞƌ ϭ W ƐƚĂŶĚĂƌĚƐ͘ dŚĞƐĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ ĐŽŵƉůLJ ǁŝƚŚ W ƐƚĂŶĚĂƌĚƐ͘

^ƚĂŶĚĂƌĚƐ ŝƐƐƵĞĚ ĂŶĚ ŶŽƚ LJĞƚ ĞīĞĐƟǀĞ ĂŶĚ ŶŽƚ ĞĂƌůLJ ĂĚŽƉƚĞĚ dŚĞƌĞ ĂƌĞ ŶŽ ƐƚĂŶĚĂƌĚƐ ŝƐƐƵĞĚ ĂŶĚ ŶŽƚ LJĞƚ ĞīĞĐƟǀĞ ƚŚĂƚ ĂƌĞ ƌĞůĞǀĂŶƚ ƚŽ ƚŚĞ /ŶƐŝƟƚƵƚĞ Žƌ ŐƌŽƵƉ͘

^ƚƵĚĞŶƚ ĐŚŝĞǀĞŵĞŶƚ ŽŵƉŽŶĞŶƚ ;^ Ϳ &ƵŶĚŝŶŐ ^ ĨƵŶĚŝŶŐ ŝƐ ƚŚĞ /ŶƐƟƚƵƚĞ͛Ɛ ŵĂŝŶ ƐŽƵƌĐĞ ŽĨ ŽƉĞƌĂƟŽŶĂů ĨƵŶĚŝŶŐ ĨƌŽŵ ƚŚĞ dĞƌƟĂƌLJ ĚƵĐĂƟŽŶ ŽŵŵŝƐƐŝŽŶ ;d Ϳ͘ dŚĞ /ŶƐƟƚƵƚĞ ĐŽŶƐŝĚĞƌƐ ^ ĨƵŶĚŝŶŐ ƚŽ ďĞ ŶŽŶͲĞdžĐŚĂŶŐĞ and recognises SAC funding as revenue when the course withdrawal date has passed, based on the number of eligible students enrolled in the course at that date and the value of the course.


ANNUAL REPORT 2017

^ƚƵĚĞŶƚ dƵŝƟŽŶ &ĞĞƐ ŽŵĞƐƟĐ ƐƚƵĚĞŶƚ ƚƵŝƟŽŶ ĨĞĞƐ ĂƌĞ ƐƵďƐŝĚŝƐĞĚ ďLJ ŐŽǀĞƌŶŵĞŶƚ ĨƵŶĚŝŶŐ ĂŶĚ ĂƌĞ ĐŽŶƐŝĚĞƌĞĚ ŶŽŶͲĞdžĐŚĂŶŐĞ͘ ZĞǀĞŶƵĞ ŝƐ recognised when the course withdrawal date has passed, ǁŚŝĐŚ ŝƐ ǁŚĞŶ Ă ƐƚƵĚĞŶƚ ŝƐ ŶŽ ůŽŶŐĞƌ ĞŶƟƚůĞĚ ƚŽ Ă ƌĞĨƵŶĚ ĨŽƌ ǁŝƚŚĚƌĂǁŝŶŐ ĨƌŽŵ ƚŚĞ ĐŽƵƌƐĞ͘ /ŶƚĞƌŶĂƟŽŶĂů ƐƚƵĚĞŶƚ ƚƵŝƟŽŶ ĨĞĞƐ ĂƌĞ ĂĐĐŽƵŶƚĞĚ ĨŽƌ ĂƐ ĞdžĐŚĂŶŐĞ ƚƌĂŶƐĂĐƟŽŶƐ ĂŶĚ ƌĞĐŽŐŶŝƐĞĚ ĂƐ ƌĞǀĞŶƵĞ ŽŶ Ă ĐŽƵƌƐĞ ƉĞƌĐĞŶƚĂŐĞ ŽĨ ĐŽŵƉůĞƟŽŶ ďĂƐŝƐ͘ dŚĞ ƉĞƌĐĞŶƚĂŐĞ ŽĨ ĐŽŵƉůĞƟŽŶ ŝƐ ŵĞĂƐƵƌĞĚ ďLJ ƌĞĨĞƌĞŶĐĞ ƚŽ ƚŚĞ ĚĂLJƐ ŽĨ ƚŚĞ ĐŽƵƌƐĞ ĐŽŵƉůĞƚĞĚ ĂƐ Ă ƉƌŽƉŽƌƟŽŶ ŽĨ ƚŚĞ total course days.

STATEMENT OF ACCOUNTING POLICIES

ƚ ƚŚĞ ĐŽŵŵĞŶĐĞŵĞŶƚ ŽĨ ƚŚĞ ůĞĂƐĞ ƚĞƌŵ͕ ƚŚĞ /ŶƐƟƚƵƚĞ ƌĞĐŽŐŶŝƐĞƐ ĮŶĂŶĐĞ ůĞĂƐĞƐ ĂƐ ĂƐƐĞƚƐ ĂŶĚ ůŝĂďŝůŝƟĞƐ ŝŶ ƚŚĞ ƐƚĂƚĞŵĞŶƚ ŽĨ ĮŶĂŶĐŝĂů ƉŽƐŝƟŽŶ Ăƚ ƚŚĞ ůŽǁĞƌ ŽĨ ƚŚĞ ĨĂŝƌ ǀĂůƵĞ ŽĨ the leased item and the present value of the minimum lease payments. The amount recognised as an asset is depreciated over its ƵƐĞĨƵů ůŝĨĞ͘ /Ĩ ƚŚĞƌĞ ŝƐ ŶŽ ĐĞƌƚĂŝŶƚLJ ĂƐ ƚŽ ǁŚĞƚŚĞƌ ƚŚĞ /ŶƐƟƚƵƚĞ will obtain ownership at the end of the lease term, the asset is fully depreciated over the shorter of the lease term and its useful life.

KƉĞƌĂƟŶŐ >ĞĂƐĞ

KƚŚĞƌ 'ƌĂŶƚƐ ZĞĐĞŝǀĞĚ Other grants are recognised as revenue when they become ƌĞĐĞŝǀĂďůĞ ƵŶůĞƐƐ ƚŚĞƌĞ ŝƐ ĂŶ ŽďůŝŐĂƟŽŶ ŝŶ ƐƵďƐƚĂŶĐĞ ƚŽ ƌĞƚƵƌŶ ƚŚĞ ĨƵŶĚƐ ŝĨ ĐŽŶĚŝƟŽŶƐ ŽĨ ƚŚĞ ŐƌĂŶƚ ĂƌĞ ŶŽƚ ŵĞƚ͘ /Ĩ ƚŚĞƌĞ ŝƐ ƐƵĐŚ ĂŶ ŽďůŝŐĂƟŽŶ͕ ƚŚĞ ŐƌĂŶƚƐ ĂƌĞ ŝŶŝƟĂůůLJ ƌĞĐŽƌĚĞĚ ĂƐ ŐƌĂŶƚƐ received in advance when received and recognised as revenue ǁŚĞŶ ƚŚĞ ĐŽŶĚŝƟŽŶƐ ŽĨ ƚŚĞ ŐƌĂŶƚ ĂƌĞ ƐĂƟƐĮĞĚ͘

/ŶƚĞƌĞƐƚ /ŶƚĞƌĞƐƚ ƌĞǀĞŶƵĞ ŝƐ ƌĞĐŽŐŶŝƐĞĚ ƵƐŝŶŐ ƚŚĞ ĞīĞĐƟǀĞ ŝŶƚĞƌĞƐƚ method.

^ĐŚŽůĂƌƐŚŝƉƐ ^ĐŚŽůĂƌƐŚŝƉƐ ĂǁĂƌĚĞĚ ďLJ ƚŚĞ /ŶƐƟƚƵƚĞ ƚŚĂƚ ƌĞĚƵĐĞ ƚŚĞ ĂŵŽƵŶƚ ŽĨ ƚƵŝƟŽŶ ĨĞĞƐ ƉĂLJĂďůĞ ďLJ ƚŚĞ ƐƚƵĚĞŶƚ ĂƌĞ ĂĐĐŽƵŶƚĞĚ ĨŽƌ ĂƐ ĂŶ ĞdžƉĞŶƐĞ ĂŶĚ ŶŽƚ ŽīƐĞƚ ĂŐĂŝŶƐƚ ƐƚƵĚĞŶƚ ƚƵŝƟŽŶ ĨĞĞƐ ƌĞǀĞŶƵĞ͘

ŽƌƌŽǁŝŶŐ ŽƐƚƐ ŽƌƌŽǁŝŶŐ ĐŽƐƚƐ ĂƌĞ ƌĞĐŽŐŶŝƐĞĚ ĂƐ ĂŶ ĞdžƉĞŶƐĞ ŝŶ ƚŚĞ ĮŶĂŶĐŝĂů year in which they are incurred.

ĚǀĞƌƟƐŝŶŐ ŽƐƚƐ ĚǀĞƌƟƐŝŶŐ ĐŽƐƚƐ ĂƌĞ ĞdžƉĞŶƐĞĚ ǁŚĞŶ ƚŚĞ ƌĞůĂƚĞĚ ƐĞƌǀŝĐĞ ŚĂƐ been rendered.

Ŷ ŽƉĞƌĂƟŶŐ ůĞĂƐĞ ŝƐ Ă ůĞĂƐĞ ƚŚĂƚ ĚŽĞƐ ŶŽƚ ƚƌĂŶƐĨĞƌ ƐƵďƐƚĂŶƟĂůůLJ Ăůů ƚŚĞ ƌŝƐŬ ĂŶĚ ƌĞǁĂƌĚƐ ŝŶĐŝĚĞŶƚĂů ƚŽ ŽǁŶĞƌƐŚŝƉ ŽĨ ĂŶ ĂƐƐĞƚ͘ >ĞĂƐĞ ƉĂLJŵĞŶƚƐ ƵŶĚĞƌ ĂŶ ŽƉĞƌĂƟŶŐ ůĞĂƐĞ ĂƌĞ ƌĞĐŽŐŶŝƐĞĚ ĂƐ ĂŶ ĞdžƉĞŶƐĞ ŽŶ Ă ƐƚƌĂŝŐŚƚ ůŝŶĞ ďĂƐŝƐ ŽǀĞƌ ƚŚĞ ůĞĂƐĞ term. >ĞĂƐĞ ŝŶĐĞŶƟǀĞƐ ƌĞĐĞŝǀĞĚ ĂƌĞ ƌĞĐŽŐŶŝƐĞĚ ŝŶ ƚŚĞ ƐƚĂƚĞŵĞŶƚ ŽĨ ĮŶĂŶĐŝĂů ƉĞƌĨŽƌŵĂŶĐĞ ŽǀĞƌ ƚŚĞ ůĞĂƐĞ ƚĞƌŵ ĂƐ ĂŶ ŝŶƚĞŐƌĂů ƉĂƌƚ ŽĨ ƚŚĞ ƚŽƚĂů ůĞĂƐĞ ĞdžƉĞŶƐĞ͘

&ŝŶĂŶĐŝĂů ƐƐĞƚƐ dŚĞ /ŶƐƟƚƵƚĞ ĐůĂƐƐŝĮĞƐ ŝƚƐ ĮŶĂŶĐŝĂů ĂƐƐĞƚƐ ŝŶƚŽ ƚŚĞ ĨŽůůŽǁŝŶŐ ƚǁŽ ĐĂƚĞŐŽƌŝĞƐ͗ ĮŶĂŶĐŝĂů ĂƐƐĞƚƐ Ăƚ ĨĂŝƌ ǀĂůƵĞ ƚŚƌŽƵŐŚ ƉƌŽĮƚ Žƌ ůŽƐƐ͕ ĂŶĚ ůŽĂŶƐ ĂŶĚ ƌĞĐĞŝǀĂďůĞƐ͘ dŚĞ ĐůĂƐƐŝĮĐĂƟŽŶ ĚĞƉĞŶĚƐ on the purpose for which the investments were acquired. DĂŶĂŐĞŵĞŶƚ ĚĞƚĞƌŵŝŶĞƐ ƚŚĞ ĐůĂƐƐŝĮĐĂƟŽŶ ŽĨ ŝƚƐ ŝŶǀĞƐƚŵĞŶƚƐ Ăƚ ŝŶŝƟĂů ƌĞĐŽŐŶŝƟŽŶ ĂŶĚ ƌĞͲĞǀĂůƵĂƚĞƐ ƚŚŝƐ ĚĞƐŝŐŶĂƟŽŶ Ăƚ ĞǀĞƌLJ ƌĞƉŽƌƟŶŐ ĚĂƚĞ͘ &ŝŶĂŶĐŝĂů ĂƐƐĞƚƐ ĂƌĞ ŝŶŝƟĂůůLJ ŵĞĂƐƵƌĞĚ Ăƚ ĨĂŝƌ ǀĂůƵĞ ƉůƵƐ ƚƌĂŶƐĂĐƟŽŶ ĐŽƐƚƐ ƵŶůĞƐƐ ƚŚĞLJ ĂƌĞ ĐĂƌƌŝĞĚ Ăƚ ĨĂŝƌ ǀĂůƵĞ ƚŚƌŽƵŐŚ ƉƌŽĮƚ ĂŶĚ ůŽƐƐ ŝŶ ǁŚŝĐŚ ĐĂƐĞ ƚŚĞ ƚƌĂŶƐĂĐƟŽŶ ĐŽƐƚƐ ĂƌĞ ƌĞĐŽŐŶŝƐĞĚ ŝŶ ƚŚĞ ƐƚĂƚĞŵĞŶƚ ŽĨ ĮŶĂŶĐŝĂů ƉĞƌĨŽƌŵĂŶĐĞ͘ /Ŷ ƚŚŝƐ category SIT has its equity investments and other investments. WƵƌĐŚĂƐĞƐ ĂŶĚ ƐĂůĞƐ ŽĨ ŝŶǀĞƐƚŵĞŶƚƐ ĂƌĞ ƌĞĐŽŐŶŝnjĞĚ ŽŶ ƚƌĂĚĞͲ ĚĂƚĞ͕ ƚŚĞ ĚĂƚĞ ŽŶ ǁŚŝĐŚ ƚŚĞ /ŶƐƟƚƵƚĞ ĐŽŵŵŝƚƐ ƚŽ ƉƵƌĐŚĂƐĞ Žƌ ƐĞůů ƚŚĞ ĂƐƐĞƚ͘ &ŝŶĂŶĐŝĂů ĂƐƐĞƚƐ ĂƌĞ ĚĞƌĞĐŽŐŶŝƐĞĚ ǁŚĞŶ ƚŚĞ ƌŝŐŚƚƐ ƚŽ ƌĞĐĞŝǀĞ ĐĂƐŚ ŇŽǁƐ ĨƌŽŵ ƚŚĞ ĮŶĂŶĐŝĂů ĂƐƐĞƚ ŚĂǀĞ ĞdžƉŝƌĞĚ Žƌ ŚĂǀĞ ďĞĞŶ ƚƌĂŶƐĨĞƌƌĞĚ ĂŶĚ ƚŚĞ /ŶƐƟƚƵƚĞ ŚĂƐ ƚƌĂŶƐĨĞƌƌĞĚ ƐƵďƐƚĂŶƟĂůůLJ Ăůů ƌŝƐŬƐ ĂŶĚ ƌĞǁĂƌĚƐ ŽĨ ownership. dŚĞ ƚǁŽ ĐĂƚĞŐŽƌŝĞƐ ŽĨ ĮŶĂŶĐŝĂů ĂƐƐĞƚƐ ĂƌĞ͗

ZĞǀĞŶƵĞ dĂdž dĞƌƟĂƌLJ ĞĚƵĐĂƟŽŶ ŝŶƐƟƚƵƟŽŶƐ ĂƌĞ ĐůĂƐƐĞĚ ĂƐ ƉƵďůŝĐ ďŽĚŝĞƐ ďLJ ƚŚĞ /ŶůĂŶĚ ZĞǀĞŶƵĞ ĞƉĂƌƚŵĞŶƚ ĂŶĚ ĂƌĞ ƚŚĞƌĞĨŽƌĞ ĞdžĞŵƉƚ ĨƌŽŵ ƌĞǀĞŶƵĞ ƚĂdž͘

ϭͿ &ŝŶĂŶĐŝĂů ĂƐƐĞƚƐ Ăƚ ĨĂŝƌ ǀĂůƵĞ ƚŚƌŽƵŐŚ ƉƌŽĮƚ Žƌ ůŽƐƐ ŌĞƌ ŝŶŝƟĂů ƌĞĐŽŐŶŝƟŽŶ ƚŚĞLJ ĂƌĞ ŵĞĂƐƵƌĞĚ Ăƚ ƚŚĞŝƌ ĨĂŝƌ ǀĂůƵĞƐ͘ Gains or losses on re-measurement are recognised in the ƐƚĂƚĞŵĞŶƚ ŽĨ ĮŶĂŶĐŝĂů ƉĞƌĨŽƌŵĂŶĐĞ͘ /Ŷ ƚŚŝƐ ĐĂƚĞŐŽƌLJ ^/d ŚĂƐ ƐŚĂƌĞƐ ŝŶ ĨŽŽĚƐƚƵīƐ͘ ϮͿ >ŽĂŶƐ ĂŶĚ ƌĞĐĞŝǀĂďůĞƐ

>ĞĂƐĞƐ &ŝŶĂŶĐĞ >ĞĂƐĞ ĮŶĂŶĐĞ ůĞĂƐĞ ŝƐ Ă ůĞĂƐĞ ƚŚĂƚ ƚƌĂŶƐĨĞƌƐ ƚŽ ƚŚĞ ůĞƐƐĞĞ ƐƵďƐƚĂŶƟĂůůLJ Ăůů ƚŚĞ ƌŝƐŬƐ ĂŶĚ ƌĞǁĂƌĚƐ ŝŶĐŝĚĞŶƚĂů ƚŽ ŽǁŶĞƌƐŚŝƉ ŽĨ ĂŶ ĂƐƐĞƚ͕ ǁŚĞƚŚĞƌ Žƌ ŶŽƚ ƟƚůĞ ŝƐ ĞǀĞŶƚƵĂůůLJ ƚƌĂŶƐĨĞƌƌĞĚ͘

dŚĞƐĞ ĂƌĞ ŶŽŶͲĚĞƌŝǀĂƟǀĞ ĮŶĂŶĐŝĂů ĂƐƐĞƚƐ ǁŝƚŚ ĮdžĞĚ Žƌ ĚĞƚĞƌŵŝŶĂďůĞ ƉĂLJŵĞŶƚƐ ƚŚĂƚ ĂƌĞ ŶŽƚ ƋƵŽƚĞĚ ŝŶ ĂŶ ĂĐƟǀĞ market. In this category SIT has cash and cash equivalents, trade and other recievables and term deposits with maturity dates of greater than 3 months. dŚĞ /ŶƐƟƚƵƚĞ ŚĂƐ ŝŶ ƉůĂĐĞ ĂŶ ŝŶǀĞƐƚŵĞŶƚ ƉůĂŶ͕ ǁŚŝĐŚ ŝƚ ĨŽůůŽǁƐ closely.

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68

STATEMENT OF ACCOUNTING POLICIES

ANNUAL REPORT 2017

/ŵƉĂŝƌŵĞŶƚ ŽĨ &ŝŶĂŶĐŝĂů ƐƐĞƚƐ ƚ ĞĂĐŚ ďĂůĂŶĐĞ ƐŚĞĞƚ ĚĂƚĞ ƚŚĞ /ŶƐƟƚƵƚĞ ĂƐƐĞƐƐĞƐ ǁŚĞƚŚĞƌ ƚŚĞƌĞ ŝƐ ĂŶLJ ŽďũĞĐƟǀĞ ĞǀŝĚĞŶĐĞ ƚŚĂƚ Ă ĮŶĂŶĐŝĂů ĂƐƐĞƚ Žƌ ŐƌŽƵƉ ŽĨ ĮŶĂŶĐŝĂů ĂƐƐĞƚƐ ŝƐ ŝŵƉĂŝƌĞĚ͘ ŶLJ ŝŵƉĂŝƌŵĞŶƚ ůŽƐƐĞƐ ĂƌĞ ƌĞĐŽŐŶŝƐĞĚ ŝŶ ƚŚĞ ƐƚĂƚĞŵĞŶƚ ŽĨ ĮŶĂŶĐŝĂů ƉĞƌĨŽƌŵĂŶĐĞ͘

dƌĂĚĞ ĂŶĚ KƚŚĞƌ ZĞĐĞŝǀĂďůĞƐ dƌĂĚĞ ĂŶĚ ŽƚŚĞƌ ƌĞĐĞŝǀĂďůĞƐ ĂƌĞ ŝŶŝƟĂůůLJ ŵĞĂƐƵƌĞĚ Ăƚ ĨĂŝƌ ǀĂůƵĞ ĂŶĚ ƐƵďƐĞƋƵĞŶƚůLJ ŵĞĂƐƵƌĞĚ Ăƚ ĂŵŽƌƟƐĞĚ ĐŽƐƚ ƵƐŝŶŐ ƚŚĞ ĞīĞĐƟǀĞ ŝŶƚĞƌĞƐƚ ŵĞƚŚŽĚ͕ ůĞƐƐ ĂŶLJ ƉƌŽǀŝƐŝŽŶ ĨŽƌ impairment. A provision for impairment of receivables is established when ƚŚĞƌĞ ŝƐ ŽďũĞĐƟǀĞ ĞǀŝĚĞŶĐĞ ƚŚĂƚ ƚŚĞ /ŶƐƟƚƵƚĞ ǁŝůů ŶŽƚ ďĞ ĂďůĞ to collect all amounts due according to the original terms of ƚŚĞ ƌĞĐĞŝǀĂďůĞƐ͘ dŚĞ ĂŵŽƵŶƚ ŽĨ ƚŚĞ ƉƌŽǀŝƐŝŽŶ ŝƐ ƚŚĞ ĚŝīĞƌĞŶĐĞ between the asset’s carrying amount and the present value ŽĨ ĞƐƟŵĂƚĞĚ ĨƵƚƵƌĞ ĐĂƐŚ ŇŽǁƐ͕ ĚŝƐĐŽƵŶƚĞĚ ƵƐŝŶŐ ƚŚĞ ĞīĞĐƟǀĞ interest method.

ĂƐŚ ĂŶĚ ĂƐŚ ƋƵŝǀĂůĞŶƚƐ Cash and cash equivalents include cash on hand, deposits held at call with banks, other short term highly liquid investments ǁŝƚŚ ŽƌŝŐŝŶĂů ŵĂƚƵƌŝƟĞƐ ŽĨ ƚŚƌĞĞ ŵŽŶƚŚƐ Žƌ ůĞƐƐ ĂŶĚ ďĂŶŬ ŽǀĞƌĚƌĂŌƐ͘

/ŶǀĞŶƚŽƌŝĞƐ

Inventories held for sale on a commercial basis are valued at the lower of cost and net realisable value. Consumable stocks are valued at the lower of cost and current replacement cost. ŽƐƚ ŝƐ ŵĞĂƐƵƌĞĚ ƵƐŝŶŐ ƚŚĞ &/&K ŵĞƚŚŽĚ͘ /ŶǀĞŶƚŽƌŝĞƐ ĂĐƋƵŝƌĞĚ ƚŚƌŽƵŐŚ ŶŽŶͲĞdžĐŚĂŶŐĞ ƚƌĂŶƐĂĐƟŽŶƐ ĂƌĞ ŵĞĂƐƵƌĞĚ Ăƚ ĨĂŝƌ ǀĂůƵĞ Ăƚ ƚŚĞ ĚĂƚĞ ŽĨ ĂĐƋƵŝƐŝƟŽŶ͘ Any write-down from cost to net realisable value or for the ůŽƐƐ ŽĨ ƐĞƌǀŝĐĞ ƉŽƚĞŶƟĂů ŝƐ ƌĞĐŽŶŐŝƐĞĚ ŝŶ ƐƵƌƉůƵƐ Žƌ ĚĞĮĐŝƚ ŝŶ the year of the write-down.

WƌŽƉĞƌƚLJ͕ WůĂŶƚ ĂŶĚ ƋƵŝƉŵĞŶƚ

dŚĞ ŶĞƚ ƌĞǀĂůƵĂƟŽŶ ƌĞƐƵůƚƐ ĂƌĞ ĐƌĞĚŝƚĞĚ Žƌ ĚĞďŝƚĞĚ ƚŽ ŽƚŚĞƌ comprehensive revenue and is accumulated to an asset ƌĞǀĂůƵĂƟŽŶ ƌĞƐĞƌǀĞ ŝŶ ĞƋƵŝƚLJ͘ tŚĞƌĞ ƚŚŝƐ ǁŽƵůĚ ƌĞƐƵůƚ ŝŶ Ă ĚĞďŝƚ ďĂůĂŶĐĞ ŝŶ ƚŚĞ ĂƐƐĞƚ ƌĞǀĂůƵĂƟŽŶ ƌĞƐĞƌǀĞ͕ ƚŚŝƐ ďĂůĂŶĐĞ is not recognised in other comprehensive revenue but is ƌĞĐŽŐŶŝƐĞĚ ŝŶ ƚŚĞ ƐƵƌƉůƵƐ Žƌ ĚĞĮĐŝƚ͘ ŶLJ ƐƵďƐĞƋƵĞŶƚ ŝŶĐƌĞĂƐĞ ŽŶ ƌĞǀĂůƵĂƟŽŶ ƚŚĂƚ ŽīƐĞƚƐ Ă ƉƌĞǀŝŽƵƐ ĚĞĐƌĞĂƐĞ ŝŶ ǀĂůƵĞ ƌĞĐŽŐŶŝƐĞĚ ŝŶ ƚŚĞ ƐƵƌƉůƵƐ Žƌ ĚĞĮĐŝƚ ǁŝůů ďĞ ƌĞĐŽŐŶŝƐĞĚ ĮƌƐƚ ŝŶ ƚŚĞ ƐƵƌƉůƵƐ Žƌ ĚĞĮĐŝƚ ƵƉ ƚŽ ƚŚĞ ĂŵŽƵŶƚ ƉƌĞǀŝŽƵƐůLJ ĞdžƉĞŶƐĞĚ͕ and then recognised in other comprehensive revenue. >ŝďƌĂƌLJ ĐŽůůĞĐƟŽŶƐ ĂƌĞ ĂƐƐĞƐƐĞĚ ĂŶŶƵĂůůLJ ďLJ ƚŚĞ /ŶƐƟƚƵƚĞ͛Ɛ ŚĞĂĚ ůŝďƌĂƌŝĂŶ͕ ŝŶ ĂĐĐŽƌĚĂŶĐĞ ǁŝƚŚ ĚƌĂŌ ŐƵŝĚĞůŝŶĞƐ ƌĞůĞĂƐĞĚ ďLJ ƚŚĞ EĞǁ ĞĂůĂŶĚ >ŝďƌĂƌLJ ƐƐŽĐŝĂƟŽŶ ĂŶĚ ƚŚĞ EĂƟŽŶĂů >ŝďƌĂƌLJ of New Zealand in May 2002. Impairment losses for the year are shown in Note 10. Land is measured at fair value, and buildings and infrastructure ĂƌĞ ŵĞĂƐƵƌĞĚ Ăƚ ĨĂŝƌ ǀĂůƵĞ ůĞƐƐ ĂĐĐƵŵƵůĂƚĞĚ ĚĞƉƌĞĐŝĂƟŽŶ ĂŶĚ impairment losses. All other asset classes are measured at ĐŽƐƚ͕ ůĞƐƐ ĂĐĐƵŵƵůĂƚĞĚ ĚĞƉƌĞĐŝĂƟŽŶ ĂŶĚ ŝŵƉĂŝƌŵĞŶƚ ůŽƐƐĞƐ͘

ĚĚŝƟŽŶƐ

The cost of an item of property, plant and equipment is recognised as an asset if, and only if, it is probable that future ĞĐŽŶŽŵŝĐ ďĞŶĞĮƚƐ Žƌ ƐĞƌǀŝĐĞ ƉŽƚĞŶƟĂů ĂƐƐŽĐŝĂƚĞĚ ǁŝƚŚ ƚŚĞ ŝƚĞŵ ǁŝůů ŇŽǁ ƚŽ ƚŚĞ /ŶƐƟƚƵƚĞ ĂŶĚ ƚŚĞ ĐŽƐƚ ŽĨ ƚŚĞ ŝƚĞŵƐ ĐĂŶ ďĞ measured reliably. In most instances, an item of property, plant and equipment is recognised at its cost. Where an asset is acquired at no cost, or for a nominal cost, it is recognised at fair value when control over the asset is obtained.

ŝƐƉŽƐĂůƐ Gains and losses on disposals are determined by comparing the proceeds with the carrying amount of the asset. Gains and losses on disposals are included in the statement of ĮŶĂŶĐŝĂů ƉĞƌĨŽƌŵĂŶĐĞ͘ tŚĞŶ ƌĞǀĂůƵĞĚ ĂƐƐĞƚƐ ĂƌĞ ƐŽůĚ͕ ƚŚĞ ĂŵŽƵŶƚƐ ŝŶĐůƵĚĞĚ ŝŶ ƉƌŽƉĞƌƚLJ ƌĞǀĂůƵĂƟŽŶ ƌĞƐĞƌǀĞƐ ŝŶ ƌĞƐƉĞĐƚ of those assets are transferred to general funds.

^ƵďƐĞƋƵĞŶƚ ŽƐƚƐ ŽƐƚƐ ŝŶĐƵƌƌĞĚ ƐƵďƐĞƋƵĞŶƚ ƚŽ ŝŶŝƟĂů ĂĐƋƵŝƐŝƟŽŶ ĂƌĞ ĐĂƉŝƚĂůŝƐĞĚ ŽŶůLJ ǁŚĞŶ ŝƚ ŝƐ ƉƌŽďĂďůĞ ƚŚĂƚ ĨƵƚƵƌĞ ĞĐŽŶŽŵŝĐ ďĞŶĞĮƚƐ Žƌ ƐĞƌǀŝĐĞ ƉŽƚĞŶƟĂů ĂƐƐŽĐŝĂƚĞĚ ǁŝƚŚ ƚŚĞ ŝƚĞŵ ǁŝůů ŇŽǁ ƚŽ ƚŚĞ /ŶƐƟƚƵƚĞ ĂŶĚ ƚŚĞ ĐŽƐƚ ŽĨ ƚŚĞ ŝƚĞŵ ĐĂŶ ďĞ ŵĞĂƐƵƌĞĚ ƌĞůŝĂďůLJ͘

WƌŽƉĞƌƚLJ͕ ƉůĂŶƚ ĂŶĚ ĞƋƵŝƉŵĞŶƚ ĐŽŶƐŝƐƚƐ ŽĨ͗

ĂƉŝƚĂů tŽƌŬ ŝŶ WƌŽŐƌĞƐƐ

KƉĞƌĂƟŽŶĂů ĂƐƐĞƚƐ Ͳ These include land, buildings, plant and equipment, computers, furniture, library books and motor vehicles.

ĂƉŝƚĂů ǁŽƌŬ ŝŶ ƉƌŽŐƌĞƐƐ ŝƐ ǀĂůƵĞĚ ŽŶ ƚŚĞ ďĂƐŝƐ ŽĨ ĞdžƉĞŶĚŝƚƵƌĞ ŝŶĐƵƌƌĞĚ ĂŶĚ ŐƌŽƐƐ ƉƌŽŐƌĞƐƐ ĐůĂŝŵ ĐĞƌƟĮĐĂƚĞƐ ƵƉ ƚŽ ďĂůĂŶĐĞ date. Work in progress is not depreciated.

dŚĞ ŵŽƐƚ ƌĞĐĞŶƚ ǀĂůƵĂƟŽŶ ŽĨ ůĂŶĚ ĂŶĚ ďƵŝůĚŝŶŐƐ ǁĞƌĞ performed by an independent registered valuer, Rural Value, a Ys ďƵƐŝŶĞƐƐ ƵŶŝƚ͘ dŚĞ ǀĂůƵĂƟŽŶ ŝƐ ĞīĞĐƟǀĞ ĂƐ Ăƚ ϯϬ ^ĞƉƚ ϮϬϭϲ͘ >ĂŶĚ ĂŶĚ ďƵŝůĚŝŶŐƐ ĂƌĞ ƌĞͲǀĂůƵĞĚ ǁŝƚŚ ƐƵĸĐŝĞŶƚ ƌĞŐƵůĂƌŝƚLJ ƚŽ ĞŶƐƵƌĞ ƚŚĂƚ ƚŚĞŝƌ ĐĂƌƌLJŝŶŐ ĂŵŽƵŶƚ ĚŽĞƐ ŶŽƚ ĚŝīĞƌ ŵĂƚĞƌŝĂůůLJ from fair value, and at least every three years.


STATEMENT OF ACCOUNTING POLICIES

ANNUAL REPORT 2017

ĞƉƌĞĐŝĂƟŽŶ WƌŽƉĞƌƚLJ͕ ƉůĂŶƚ ĂŶĚ ĞƋƵŝƉŵĞŶƚ ŝƐ ĚĞƉƌĞĐŝĂƚĞĚ ŽŶ Ă ƐƚƌĂŝŐŚƚ ůŝŶĞ basis on all property, plant and equipment other than land Ăƚ ƌĂƚĞƐ ƚŚĂƚ ǁŝůů ǁƌŝƚĞ Žī ƚŚĞ ĐŽƐƚ Žƌ ǀĂůƵĞ ŽĨ ƚŚĞ ĂƐƐĞƚƐ ŽǀĞƌ ƚŚĞŝƌ ĞƐƟŵĂƚĞĚ ůŝǀĞƐ͘ dŚĞ ĚĞƉƌĞĐŝĂƟŽŶ ƌĂƚĞƐ ƵƐĞĚ ŝŶ ƚŚĞ ƉƌĞƉĂƌĂƟŽŶ ŽĨ ƚŚĞƐĞ statements are as follows: Buildings

5 - 100 years

ϭ ʹ ϮϬй

Motor Vehicles

3-5 years

20-33%

&ƵƌŶŝƚƵƌĞ ĂŶĚ &ŝƫŶŐƐ

10 years

10%

Computers

3-5 years

20-33%

'ĞŶĞƌĂů ƋƵŝƉŵĞŶƚ

3 - 10 years

10-33%

Leases & Leasehold Improvements

3 - 5 years

Term of Lease ϮϬ ʹ ϯϯй

The above rates have been applied consistently.

dĞůĞǀŝƐŝŽŶ ŽŵŵĞƌĐŝĂů ĞǀĞůŽƉŵĞŶƚ ĂŶĚ KŶůŝŶĞ ŽŶƚĞŶƚ TVCs and Online Content are capitalised when it is probable ƚŚĂƚ ĨƵƚƵƌĞ ĞĐŽŶŽŵŝĐ ďĞŶĞĮƚƐ ĂƌŝƐŝŶŐ ĨƌŽŵ ƵƐĞ ŽĨ ƚŚĞ ŝŶƚĂŶŐŝďůĞ ĂƐƐĞƚ ǁŝůů ŇŽǁ ƚŽ ƚŚĞ ŐƌŽƵƉ͘ &ŽůůŽǁŝŶŐ ƚŚĞ ŝŶŝƟĂů ƌĞĐŽŐŶŝƟŽŶ ŽĨ ƚŚĞ ds Ɛ ĂŶĚ KŶůŝŶĞ ŽŶƚĞŶƚ ĞdžƉĞŶĚŝƚƵƌĞ͕ ƚŚĞ ĂƐƐĞƚ ŝƐ ĐĂƌƌŝĞĚ Ăƚ ĐŽƐƚ ůĞƐƐ ĂĐĐƵŵƵůĂƚĞĚ ĂŵŽƌƟƐĂƟŽŶ ĂŶĚ impairment losses.

ŵŽƌƟƐĂƟŽŶ

ŽŵƉƵƚĞƌ ƐŽŌǁĂƌĞ ůŝĐĞŶƐĞƐ ĂƌĞ ĂŵŽƌƟƐĞĚ ŽŶ Ă ƐƚƌĂŝŐŚƚ ůŝŶĞ ďĂƐŝƐ ŽǀĞƌ ƚŚĞŝƌ ĞƐƟŵĂƚĞĚ ƵƐĞĨƵů ůŝǀĞƐ ŽĨ ϯ ƚŽ ϱ LJĞĂƌƐ ;ϮϬйͲϯϯй ƐƚƌĂŝŐŚƚ ůŝŶĞͿ͘ dŚĞ ŶĂŵŝŶŐ ƌŝŐŚƚƐ ƚŽ ^ƚĂĚŝƵŵ ^ŽƵƚŚůĂŶĚ ĂƌĞ ĂŵŽƌƟƐĞĚ ŽŶ Ă ƐƚƌĂŝŐŚƚ ůŝŶĞ ďĂƐŝƐ ŽǀĞƌ ƚŚĞ ĐŽŶƚƌĂĐƚƵĂů ƚĞƌŵ ŽĨ Ɛŝdž LJĞĂƌƐ ;ϭϲ͘ϲϲйͿ͘ ŽƵƌƐĞ ĞǀĞůŽƉŵĞŶƚ ŽƐƚƐ ĂƌĞ ĂŵŽƌƟƐĞĚ ŽŶ Ă straight line basis, from the commencement of the course, ŽǀĞƌ ƚŚĞŝƌ ĞƐƟŵĂƚĞĚ ƵƐĞĨƵů ůŝǀĞƐ ŽĨ ϯ ƚŽ ϱ LJĞĂƌƐ ;ϮϬйͲϯϯйͿ͘ ds Ɛ ĂŶĚ KŶůŝŶĞ ŽŶƚĞŶƚ ĂƌĞ ĂŵŽƌƟƐĞĚ ŽŶ Ă ƐƚƌĂŝŐŚƚ ůŝŶĞ ďĂƐŝƐ ŽǀĞƌ ƚŚĞŝƌ ĞƐƟŵĂƚĞĚ ƵƐĞĨƵů ůŝǀĞƐ ŽĨ ϯ LJĞĂƌƐ ;ϯϯйͿ͘

The residual value and useful life of an asset is reviewed, and ĂĚũƵƐƚĞĚ ŝĨ ĂƉƉůŝĐĂďůĞ͕ Ăƚ ĞĂĐŚ ĮŶĂŶĐŝĂů LJĞĂƌ ĞŶĚ͘ dŚĞ >ŝďƌĂƌLJ ĐŽůůĞĐƟŽŶ ŝƐ ĚĞƉƌĞĐŝĂƚĞĚ ŽŶ Ă ƐƚƌĂŝŐŚƚ ůŝŶĞ ďĂƐŝƐ ŽǀĞƌ ƐĞǀĞŶ years and assessed annually for signs of impairment.

dŚĞ ĂŵŽƌƟƐĂƟŽŶ ƉĞƌŝŽĚ ĂŶĚ ĂŵŽƌƟƐĂƟŽŶ ŵĞƚŚŽĚ ĨŽƌ ĞĂĐŚ ĐůĂƐƐ ŽĨ ŝŶƚĂŶŐŝďůĞ ĂƐƐĞƚ ŚĂǀŝŶŐ Ă ĮŶŝƚĞ ůŝĨĞ ŝƐ ƌĞǀŝĞǁĞĚ Ăƚ ĞĂĐŚ ĮŶĂŶĐŝĂů LJĞĂƌ ĞŶĚ͘ /Ĩ ƚŚĞ ĞdžƉĞĐƚĞĚ ƵƐĞĨƵů ůŝĨĞ Žƌ ĞdžƉĞĐƚĞĚ ƉĂƩĞƌŶ ŽĨ ĐŽŶƐƵŵƉƟŽŶ ŝƐ ĚŝīĞƌĞŶƚ ĨƌŽŵ ƚŚĞ ƉƌĞǀŝŽƵƐ assessment, changes are made accordingly.

/ŶƚĂŶŐŝďůĞ ƐƐĞƚƐ

^ŽŌǁĂƌĞ ĐƋƵŝƐŝƟŽŶ

The carrying value of each class of intangible asset is reviewed for indicators of impairment annually. Intangible assets are ƚĞƐƚĞĚ ĨŽƌ ŝŵƉĂŝƌŵĞŶƚ ǁŚĞƌĞ ĂŶ ŝŶĚŝĐĂƚŽƌ ŽĨ ŝŵƉĂŝƌŵĞŶƚ ĞdžŝƐƚƐ͘

ĐƋƵŝƌĞĚ ĐŽŵƉƵƚĞƌ ƐŽŌǁĂƌĞ ůŝĐĞŶƐĞƐ ĂƌĞ ĐĂƉŝƚĂůŝƐĞĚ ŽŶ ƚŚĞ basis of the costs incurred to acquire and bring to use the ƐƉĞĐŝĮĐ ƐŽŌǁĂƌĞ͘ ŽƐƚƐ ĂƐƐŽĐŝĂƚĞĚ ǁŝƚŚ ŵĂŝŶƚĂŝŶŝŶŐ ĐŽŵƉƵƚĞƌ ƐŽŌǁĂƌĞ ĂƌĞ ƌĞĐŽŐŶŝƐĞĚ ĂƐ ĂŶ ĞdžƉĞŶƐĞ ǁŚĞŶ ŝŶĐƵƌƌĞĚ͘ Costs associated with the development and maintenance of ƚŚĞ /ŶƐƟƚƵƚĞ͛Ɛ ǁĞďƐŝƚĞ ĂƌĞ ƌĞĐŽŐŶŝƐĞĚ ĂƐ ĂŶ ĞdžƉĞŶƐĞ ǁŚĞŶ incurred.

EĂŵŝŶŐ ZŝŐŚƚƐ Naming Rights to Stadium Southland acquired in the 2014 ĮŶĂŶĐŝĂů LJĞĂƌ ĂƌĞ ďĞŝŶŐ ĂŵŽƌƟƐĞĚ ŽǀĞƌ ƚŚĞ ĐŽŶƚƌĂĐƚƵĂů ƚĞƌŵ ŽĨ Ɛŝdž LJĞĂƌƐ͘

ŽƵƌƐĞ ĞǀĞůŽƉŵĞŶƚ ŽƐƚƐ Course development costs relate to development of ĞĚƵĐĂƟŽŶĂů ƉƌŽŐƌĂŵŵĞƐ ĂŶĚ ĐŽƵƌƐĞƐ ĂŶĚ ĂƌĞ ĐĂƉŝƚĂůŝƐĞĚ ǁŚĞŶ ŝƚ ŝƐ ƉƌŽďĂďůĞ ƚŚĂƚ ĨƵƚƵƌĞ ĞĐŽŶŽŵŝĐ ďĞŶĞĮƚƐ ĂƌŝƐŝŶŐ ĨƌŽŵ ƵƐĞ ŽĨ ƚŚĞ ŝŶƚĂŶŐŝďůĞ ĂƐƐĞƚ ǁŝůů ŇŽǁ ƚŽ ƚŚĞ ŐƌŽƵƉ͘ &ŽůůŽǁŝŶŐ ƚŚĞ ŝŶŝƟĂů ƌĞĐŽŐŶŝƟŽŶ ŽĨ ƚŚĞ ĐŽƵƌƐĞ ĚĞǀĞůŽƉŵĞŶƚ ĞdžƉĞŶĚŝƚƵƌĞ͕ ƚŚĞ ĂƐƐĞƚ ŝƐ ĐĂƌƌŝĞĚ Ăƚ ĐŽƐƚ ůĞƐƐ ĂĐĐƵŵƵůĂƚĞĚ ĂŵŽƌƟƐĂƟŽŶ ĂŶĚ impairment losses.

/ŵƉĂŝƌŵĞŶƚ ŽĨ WƌŽƉĞƌƚLJ͕ WůĂŶƚ͕ ĂŶĚ ƋƵŝƉŵĞŶƚ ĂŶĚ /ŶƚĂŶŐŝďůĞ ƐƐĞƚƐ Intangible assets subsequently measured at cost that have ĂŶ ŝŶĚĞĮŶŝƚĞ ƵƐĞĨƵů ůŝĨĞ͕ Žƌ ĂƌĞ ŶŽƚ LJĞƚ ĂǀĂŝůĂďůĞ ĨŽƌ ƵƐĞ͕ ĂƌĞ ŶŽƚ ƐƵďũĞĐƚ ƚŽ ĂŵŽƌƟƐĂƟŽŶ ĂŶĚ ĂƌĞ ƚĞƐƚĞĚ ĂŶŶƵĂůůLJ ĨŽƌ impairment. WƌŽƉĞƌƚLJ͕ ƉůĂŶƚ͕ ĂŶĚ ĞƋƵŝƉŵĞŶƚ ĂŶĚ ŝŶƚĂŶŐŝďůĞ ĂƐƐĞƚƐ ƐƵďƐĞƋƵĞŶƚůLJ ŵĞĂƐƵƌĞĚ Ăƚ ĐŽƐƚ ƚŚĂƚ ŚĂǀĞ Ă ĮŶŝƚĞ ƵƐĞĨƵů ůŝĨĞ ĂƌĞ reviewed for impairment at each balance date and whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. An impairment loss is recognised for the amount by which the ĂƐƐĞƚ͛Ɛ ĐĂƌƌLJŝŶŐ ĂŵŽƵŶƚ ĞdžĐĞĞĚƐ ŝƚƐ ƌĞĐŽǀĞƌĂďůĞ ĂŵŽƵŶƚ͘ dŚĞ recoverable amount is the higher of an asset’s fair value less costs to sell and value in use. /Ĩ ĂŶ ĂƐƐĞƚ͛Ɛ ĐĂƌƌLJŝŶŐ ĂŵŽƵŶƚ ĞdžĐĞĞĚƐ ŝƚƐ ƌĞĐŽǀĞƌĂďůĞ ĂŵŽƵŶƚ͕ the asset is considered to be impaired and the carrying ĂŵŽƵŶƚ ŝƐ ǁƌŝƩĞŶ ĚŽǁŶ ƚŽ ƚŚĞ ƌĞĐŽǀĞƌĂďůĞ ĂŵŽƵŶƚ͘ dŚĞ ŝŵƉĂŝƌŵĞŶƚ ůŽƐƐ ŝƐ ƌĞĐŽŐŶŝƐĞĚ ŝŶ ƚŚĞ ƐƵƌƉůƵƐ Žƌ ĚĞĮĐŝƚ͘ 'ĂŝŶƐ Žƌ ůŽƐƐĞƐ ĂƌŝƐŝŶŐ ĨƌŽŵ ĚĞƌĞĐŽŐŶŝƟŽŶ ŽĨ ĂŶ ŝŶƚĂŶŐŝďůĞ ĂƐƐĞƚ ĂƌĞ ŵĞĂƐƵƌĞĚ ĂƐ ƚŚĞ ĚŝīĞƌĞŶĐĞ ďĞƚǁĞĞŶ ƚŚĞ ŶĞƚ disposal proceeds and the carrying amount of the asset and ĂƌĞ ƌĞĐŽŐŶŝƐĞĚ ŝŶ ƚŚĞ ƐƵƌƉůƵƐ Žƌ ĚĞĮĐŝƚ ǁŚĞŶ ƚŚĞ ĂƐƐĞƚ ŝƐ derecognised.

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STATEMENT OF ACCOUNTING POLICIES

/ŵƉĂŝƌŵĞŶƚ ŽĨ EŽŶͲ&ŝŶĂŶĐŝĂů ƐƐĞƚƐ EŽŶͲ&ŝŶĂŶĐŝĂů ƐƐĞƚƐ ǁŝƚŚ Ă ĮŶŝƚĞ ƵƐĞĨƵů ůŝĨĞ ĂƌĞ ƌĞǀŝĞǁĞĚ ĨŽƌ impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. An impairment loss is recognised for the amount by which the ĂƐƐĞƚ͛Ɛ ĐĂƌƌLJŝŶŐ ĂŵŽƵŶƚ ĞdžĐĞĞĚƐ ŝƚƐ ƌĞĐŽǀĞƌĂďůĞ ĂŵŽƵŶƚ͘ dŚĞ recoverable amount is the higher of an asset’s fair value less costs to sell and value in use. Value in use is depreciated replacement cost for an asset ǁŚĞƌĞ ƚŚĞ ĨƵƚƵƌĞ ĞĐŽŶŽŵŝĐ ďĞŶĞĮƚƐ Žƌ ƐĞƌǀŝĐĞ ƉŽƚĞŶƟĂů ŽĨ the asset are not primarily dependent on the asset’s ability ƚŽ ŐĞŶĞƌĂƚĞ ŶĞƚ ĐĂƐŚ ŝŶŇŽǁƐ ĂŶĚ ǁŚĞƌĞ ƚŚĞ /ŶƐƟƚƵƚĞ ǁŽƵůĚ͕ ŝĨ deprived of the asset, replace its remaining future economic ďĞŶĞĮƚƐ Žƌ ƐĞƌǀŝĐĞ ƉŽƚĞŶƟĂů͘ /Ĩ ĂŶ ĂƐƐĞƚ͛Ɛ ĐĂƌƌLJŝŶŐ ĂŵŽƵŶƚ ĞdžĐĞĞĚƐ ŝƚƐ ƌĞĐŽǀĞƌĂďůĞ ĂŵŽƵŶƚ͕ ƚŚĞ ĂƐƐĞƚ ŝƐ ŝŵƉĂŝƌĞĚ ĂŶĚ ƚŚĞ ĐĂƌƌLJŝŶŐ ĂŵŽƵŶƚ ŝƐ ǁƌŝƩĞŶ ĚŽǁŶ to the recoverable amount. The total impairment loss is ƌĞĐŽŐŶŝƐĞĚ ŝŶ ƚŚĞ ƐƚĂƚĞŵĞŶƚ ŽĨ ĮŶĂŶĐŝĂů ƉĞƌĨŽƌŵĂŶĐĞ͘ &Žƌ ƌĞͲǀĂůƵĞĚ ĂƐƐĞƚƐ ƚŚĞ ŝŵƉĂŝƌŵĞŶƚ ůŽƐƐ ŝƐ ƌĞĐŽŐŶŝƐĞĚ ŝŶ ŽƚŚĞƌ ĐŽŵƉƌĞŚĞŶƐŝǀĞ ƌĞǀĞŶƵĞ ƚŽ ƚŚĞ ĞdžƚĞŶƚ ƚŚĞ ŝŵƉĂŝƌŵĞŶƚ ůŽƐƐ ĚŽĞƐ ŶŽƚ ĞdžĐĞĞĚ ƚŚĞ ĂŵŽƵŶƚ ŝŶ ƚŚĞ ƌĞǀĂůƵĂƟŽŶ ƌĞƐĞƌǀĞ ŝŶ equity.

ŵƉůŽLJĞĞ ĞŶĞĮƚƐ ^ŚŽƌƚ dĞƌŵ ĞŶĞĮƚƐ ŵƉůŽLJĞĞ ďĞŶĞĮƚƐ ƚŚĂƚ ƚŚĞ /ŶƐƟƚƵƚĞ ĞdžƉĞĐƚƐ ƚŽ ďĞ ƐĞƩůĞĚ within 12 months of balance date are measured at nominal ǀĂůƵĞƐ ďĂƐĞĚ ŽŶ ĂĐĐƌƵĞĚ ĞŶƟƚůĞŵĞŶƚƐ Ăƚ ĐƵƌƌĞŶƚ ƌĂƚĞƐ ŽĨ pay. These include salaries and wages accrued up to balance date, annual leave earned to, but not yet taken at balance date, ƌĞƟƌŝŶŐ ĂŶĚ ůŽŶŐ ƐĞƌǀŝĐĞ ůĞĂǀĞ ĞŶƟƚůĞŵĞŶƚƐ ĞdžƉĞĐƚĞĚ ƚŽ ďĞ ƐĞƩůĞĚ ǁŝƚŚŝŶ ϭϮ ŵŽŶƚŚƐ͕ ĂŶĚ ƐŝĐŬ ůĞĂǀĞ͘ dŚĞ /ŶƐƟƚƵƚĞ ƌĞĐŽŐŶŝƐĞƐ Ă ůŝĂďŝůŝƚLJ ĨŽƌ ƐŝĐŬ ůĞĂǀĞ ƚŽ ƚŚĞ ĞdžƚĞŶƚ ƚŚĂƚ ĐŽŵƉĞŶƐĂƚĞĚ ĂďƐĞŶĐĞƐ ŝŶ ƚŚĞ ĐŽŵŝŶŐ LJĞĂƌ ĂƌĞ ĞdžƉĞĐƚĞĚ ƚŽ ďĞ ŐƌĞĂƚĞƌ ƚŚĂŶ ƚŚĞ ƐŝĐŬ ůĞĂǀĞ ĞŶƟƚůĞŵĞŶƚƐ ĞĂƌŶĞĚ ŝŶ ƚŚĞ coming year. The amount is calculated based on the unused ƐŝĐŬ ůĞĂǀĞ ĞŶƟƚůĞŵĞŶƚ ƚŚĂƚ ĐĂŶ ďĞ ĐĂƌƌŝĞĚ ĨŽƌǁĂƌĚ Ăƚ ďĂůĂŶĐĞ ĚĂƚĞ͕ ƚŽ ƚŚĞ ĞdžƚĞŶƚ ƚŚĞ /ŶƐƟƚƵƚĞ ĂŶƟĐŝƉĂƚĞƐ ŝƚ ǁŝůů ďĞ ƵƐĞĚ ďLJ ƐƚĂī ƚŽ ĐŽǀĞƌ ƚŚŽƐĞ ĨƵƚƵƌĞ ĂďƐĞŶĐĞƐ͘

>ŽŶŐ dĞƌŵ ĞŶĞĮƚƐ ŶƟƚůĞŵĞŶƚƐ ƚŚĂƚ ĂƌĞ ƉĂLJĂďůĞ ďĞLJŽŶĚ ϭϮ ŵŽŶƚŚƐ͕ ƐƵĐŚ ĂƐ ůŽŶŐ ƐĞƌǀŝĐĞ ůĞĂǀĞ ĂŶĚ ƌĞƟƌŝŶŐ ůĞĂǀĞ͕ ŚĂǀĞ ďĞĞŶ ĐĂůĐƵůĂƚĞĚ ŽŶ ĂŶ ĂĐƚƵĂƌŝĂů ďĂƐŝƐ͘ dŚĞƐĞ ĐĂůĐƵůĂƟŽŶƐ ĂƌĞ ďĂƐĞĚ ŽŶ͗ Ͳ >ŝŬĞůLJ ĨƵƚƵƌĞ ĞŶƟƚůĞŵĞŶƚƐ ĂĐĐƌƵŝŶŐ ƚŽ ƐƚĂī͕ ďĂƐĞĚ ŽŶ LJĞĂƌƐ ŽĨ ƐĞƌǀŝĐĞ͕ LJĞĂƌƐ ƚŽ ĞŶƟƚůĞŵĞŶƚ͕ ƚŚĞ ůŝŬĞůŝŚŽŽĚ ƚŚĂƚ ƐƚĂī ǁŝůů ƌĞĂĐŚ ƚŚĞ ƉŽŝŶƚ ŽĨ ĞŶƟƚůĞŵĞŶƚ ĂŶĚ ĐŽŶƚƌĂĐƚƵĂů ĞŶƟƚůĞŵĞŶƚƐ ŝŶĨŽƌŵĂƟŽŶ͖ ĂŶĚ

ANNUAL REPORT 2017

Ͳ dŚĞ ƉƌĞƐĞŶƚ ǀĂůƵĞ ŽĨ ƚŚĞ ĞƐƟŵĂƚĞĚ ĨƵƚƵƌĞ ĐĂƐŚ ŇŽǁƐ͘ ĚŝƐĐŽƵŶƚ ƌĂƚĞ ŽĨ ϰ͘ϵй͕ ĂŶĚ ĂŶ ŝŶŇĂƟŽŶ ƌĂƚĞ ŽĨ ϭ͘ϵй ǁĞƌĞ used. The discount rate is based on the weighted average of interest rates for Government stock with terms of maturity ƐŝŵŝůĂƌ ƚŽ ƚŚŽƐĞ ŽĨ ƚŚĞ ƌĞůĞǀĂŶƚ ůŝĂďŝůŝƟĞƐ͘ dŚĞ ŝŶŇĂƟŽŶ ĨĂĐƚŽƌ ŝƐ ďĂƐĞĚ ŽŶ ƚŚĞ ĞdžƉĞĐƚĞĚ ůŽŶŐ ƚĞƌŵ ŝŶĐƌĞĂƐĞ ŝŶ ƌĞŵƵŶĞƌĂƟŽŶ ĨŽƌ employees.

'ŽŽĚƐ ĂŶĚ ^ĞƌǀŝĐĞƐ dĂdž ;'^dͿ ůů ŝƚĞŵƐ ŝŶ ƚŚĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ ĂƌĞ ƐƚĂƚĞĚ ĞdžĐůƵƐŝǀĞ ŽĨ '^d͕ ĞdžĐĞƉƚ ĨŽƌ ƌĞĐĞŝǀĂďůĞƐ͕ ƉĂLJĂďůĞƐ ĂŶĚ KǀĞƌƐĞĂƐ ^ƚƵĚĞŶƚƐͲ EĞŐĂƟǀĞ ĞďƚŽƌƐ ;ĐůĂƐƐŝĮĞĚ ƵŶĚĞƌ ZĞǀĞŶƵĞ ŝŶ ĚǀĂŶĐĞͿ͕ ǁŚŝĐŚ are stated on a GST inclusive basis. The revenue in advance ŝƐ ƚƌĞĂƚĞĚ ĂƐ '^d ĞdžĐůƵƐŝǀĞ͘ tŚĞƌĞ '^d ŝƐ ŶŽƚ ƌĞĐŽǀĞƌĂďůĞ ĂƐ ŝŶƉƵƚ ƚĂdž ƚŚĞŶ ŝƚ ŝƐ ƌĞĐŽŐŶŝƐĞĚ ĂƐ ƉĂƌƚ ŽĨ ƚŚĞ ƌĞůĂƚĞĚ ĂƐƐĞƚ Žƌ ĞdžƉĞŶƐĞ͘ The net amount of GST recoverable from, or payable to, the Inland Revenue Department is included as part of receivables Žƌ ƉĂLJĂďůĞƐ ŝŶ ƚŚĞ ƐƚĂƚĞŵĞŶƚ ŽĨ ĮŶĂŶĐŝĂů ƉŽƐŝƟŽŶ͘ The net GST paid to, or received from the Inland Revenue ĞƉĂƌƚŵĞŶƚ͕ ŝŶĐůƵĚŝŶŐ ƚŚĞ '^d ƌĞůĂƟŶŐ ƚŽ ŝŶǀĞƐƟŶŐ ĂŶĚ ĮŶĂŶĐŝŶŐ ĂĐƟǀŝƟĞƐ͕ ŝƐ ĐůĂƐƐŝĮĞĚ ĂƐ ĂŶ ŽƉĞƌĂƟŶŐ ĐĂƐŚ ŇŽǁ ŝŶ ƚŚĞ ƐƚĂƚĞŵĞŶƚ ŽĨ ĐĂƐŚ ŇŽǁƐ͘ ŽŵŵŝƚŵĞŶƚƐ ĂŶĚ ĐŽŶƟŶŐĞŶĐŝĞƐ ĂƌĞ ĚŝƐĐůŽƐĞĚ ĞdžĐůƵƐŝǀĞ ŽĨ GST.

ƋƵŝƚLJ

ƋƵŝƚLJ ŽĨ ƚŚĞ /ŶƐƟƚƵƚĞ ŝƐ ƚŚĞ ŵĞĂƐƵƌĞĚ ĚŝīĞƌĞŶĐĞ ďĞƚǁĞĞŶ ƚŽƚĂů ĂƐƐĞƚƐ ĂŶĚ ƚŽƚĂů ůŝĂďŝůŝƟĞƐ͘ ƋƵŝƚLJ ŝƐ ĚŝƐĂŐŐƌĞŐĂƚĞĚ ĂŶĚ ĐůĂƐƐŝĮĞĚ ŝŶƚŽ Ă ŶƵŵďĞƌ ŽĨ ƌĞƐĞƌǀĞƐ͘ dŚĞ ĐŽŵƉŽŶĞŶƚƐ ŽĨ ĞƋƵŝƚLJ are: ª Retained earnings. ª Other funds and reserves. ª Trust and bequests reserve. ª WƌŽƉĞƌƚLJ ƌĞǀĂůƵĂƟŽŶ ƌĞƐĞƌǀĞ͘

ƵĚŐĞƚ &ŝŐƵƌĞƐ

dŚĞ ďƵĚŐĞƚ ĮŐƵƌĞƐ ŚĂǀĞ ďĞĞŶ ƉƌĞƉĂƌĞĚ ŝŶ ĂĐĐŽƌĚĂŶĐĞ ǁŝƚŚ ŐĞŶĞƌĂůůLJ ĂĐĐĞƉƚĞĚ ĂĐĐŽƵŶƟŶŐ ƉƌĂĐƟĐĞ ĂŶĚ ĂƌĞ ĐŽŶƐŝƐƚĞŶƚ ǁŝƚŚ ƚŚĞ ĂĐĐŽƵŶƟŶŐ ƉŽůŝĐŝĞƐ ĂĚŽƉƚĞĚ ďLJ ƚŚĞ ŽƵŶĐŝů ĨŽƌ ƚŚĞ ƉƌĞƉĂƌĂƟŽŶ ŽĨ ƚŚĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ͘ dŚĞ ďƵĚŐĞƚ ĮŐƵƌĞƐ shown are those approved by Council in August 2016.


STATEMENT OF ACCOUNTING POLICIES

ANNUAL REPORT 2017

ŽƐƚ ůůŽĐĂƟŽŶ

dŚĞ /ŶƐƟƚƵƚĞ ŚĂƐ ĚĞƌŝǀĞĚ ƚŚĞ ĐŽƐƚ ŽĨ ƐĞƌǀŝĐĞ ĨŽƌ ĞĂĐŚ ƐŝŐŶŝĮĐĂŶƚ ĂĐƟǀŝƚLJ ŽĨ ^/d ƵƐŝŶŐ ƚŚĞ ĐŽƐƚ ĂůůŽĐĂƟŽŶ ƐLJƐƚĞŵ ŽƵƚůŝŶĞĚ ďĞůŽǁ͘ ŝƌĞĐƚ ĐŽƐƚƐ ĂƌĞ ƚŚŽƐĞ ĐŽƐƚƐ ĚŝƌĞĐƚůLJ ĂƩƌŝďƵƚĂďůĞ ƚŽ Ă ƐŝŐŶŝĮĐĂŶƚ ĂĐƟǀŝƚLJ͘ /ŶĚŝƌĞĐƚ ĐŽƐƚƐ ĂƌĞ ƚŚŽƐĞ ĐŽƐƚƐ͕ ǁŚŝĐŚ ĐĂŶŶŽƚ ďĞ ŝĚĞŶƟĮĞĚ ŝŶ ĂŶ ĞĐŽŶŽŵŝĐĂůůLJ ĨĞĂƐŝďůĞ ŵĂŶŶĞƌ͕ ǁŝƚŚ Ă ƐƉĞĐŝĮĐ ĂĐƟǀŝƚLJ͘ ŝƌĞĐƚ ĐŽƐƚƐ ĂƌĞ ĐŚĂƌŐĞĚ ĚŝƌĞĐƚůLJ ƚŽ ƐŝŐŶŝĮĐĂŶƚ ĂĐƟǀŝƟĞƐ͘ /ŶĚŝƌĞĐƚ ĐŽƐƚƐ ĂƌĞ ĐŚĂƌŐĞĚ ƚŽ ƐŝŐŶŝĮĐĂŶƚ ĂĐƟǀŝƟĞƐ ƵƐŝŶŐ ĂƉƉƌŽƉƌŝĂƚĞ ĐŽƐƚ ĚƌŝǀĞƌƐ ƐƵĐŚ ĂƐ ĂĐƚƵĂů ƵƐĂŐĞ͕ ƋƵŝǀĂůĞŶƚ &Ƶůů dŝŵĞ ^ƚƵĚĞŶƚƐ ; &d^Ϳ͕ ƐƚĂī ŶƵŵďĞƌƐ ĂŶĚ ŇŽŽƌ ĂƌĞĂ͘

ƌŝƟĐĂů ĐĐŽƵŶƟŶŐ ƐƟŵĂƚĞƐ ĂŶĚ ƐƐƵŵƉƟŽŶƐ /Ŷ ƉƌĞƉĂƌŝŶŐ ƚŚĞƐĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ ƚŚĞ /ŶƐƟƚƵƚĞ ŚĂƐ ŵĂĚĞ ĞƐƟŵĂƚĞƐ ĂŶĚ ĂƐƐƵŵƉƟŽŶƐ ĐŽŶĐĞƌŶŝŶŐ ƚŚĞ ĨƵƚƵƌĞ͘ dŚĞƐĞ ĞƐƟŵĂƚĞƐ ĂŶĚ ĂƐƐƵŵƉƟŽŶƐ ŵĂLJ ĚŝīĞƌ ĨƌŽŵ ƚŚĞ ƐƵďƐĞƋƵĞŶƚ ĂĐƚƵĂů ƌĞƐƵůƚƐ͘ ƐƟŵĂƚĞƐ ĂŶĚ ĂƐƐƵŵƉƟŽŶƐ ĂƌĞ ĐŽŶƟŶƵĂůůLJ ĞǀĂůƵĂƚĞĚ ĂŶĚ ĂƌĞ ďĂƐĞĚ ŽŶ ŚŝƐƚŽƌŝĐĂů ĞdžƉĞƌŝĞŶĐĞ ĂŶĚ ŽƚŚĞƌ ĨĂĐƚŽƌƐ͕ ŝŶĐůƵĚŝŶŐ ĞdžƉĞĐƚĂƟŽŶƐ Žƌ ĨƵƚƵƌĞ ĞǀĞŶƚƐ ƚŚĂƚ ĂƌĞ believed to be reasonable under the circumstances. The ĞƐƟŵĂƚĞƐ ĂŶĚ ĂƐƐƵŵƉƟŽŶƐ ƚŚĂƚ ŚĂǀĞ Ă ƐŝŐŶŝĮĐĂŶƚ ƌŝƐŬ ŽĨ causing a material adjustment to the carrying amounts ŽĨ ĂƐƐĞƚƐ ĂŶĚ ůŝĂďŝůŝƟĞƐ ǁŝƚŚŝŶ ƚŚĞ ŶĞdžƚ ĮŶĂŶĐŝĂů LJĞĂƌ ĂƌĞ discussed below.

WƌŽƉĞƌƚLJ ZĞǀĂůƵĂƟŽŶƐ Land is valued at fair value using market based evidence based on its highest and best use with reference to comparable land ǀĂůƵĞƐ͘ tŚĞƌĞ ƚŚĞƌĞ ŝƐ Ă ĚĞƐŝŐŶĂƟŽŶ ŚĞůĚ ĂŐĂŝŶƐƚ ƚŚĞ ůĂŶĚ͕ ĂĚũƵƐƚŵĞŶƚƐ ŚĂǀĞ ďĞĞŶ ŵĂĚĞ ƚŽ ƌĞŇĞĐƚ ƚŚĂƚ ĚĞƐŝŐŶĂƟŽŶ͘ Buildings are valued on either a fair market or depreciated replacement cost basis. Where the fair value of an asset can ďĞ ĚĞƚĞƌŵŝŶĞĚ ďLJ ƌĞĨĞƌĞŶĐĞ ƚŽ ƚŚĞ ƉƌŝĐĞ ŝŶ ĂŶ ĂĐƟǀĞ ŵĂƌŬĞƚ for the same asset or a similar asset, the fair value of the asset ŝƐ ĚĞƚĞƌŵŝŶĞĚ ƵƐŝŶŐ ƚŚŝƐ ŝŶĨŽƌŵĂƟŽŶ͘ tŚĞƌĞ ĨĂŝƌ ǀĂůƵĞ ŽĨ ƚŚĞ asset is not able to be reliably determined using market based evidence, depreciated replacement cost is considered to be ƚŚĞ ŵŽƐƚ ĂƉƉƌŽƉƌŝĂƚĞ ďĂƐŝƐ ĨŽƌ ĚĞƚĞƌŵŝŶĂƟŽŶ ŽĨ ƚŚĞ ĨĂŝƌ ǀĂůƵĞ͘ Depreciated replacement cost is determined using a number ŽĨ ƐŝŐŶŝĮĐĂŶƚ ĂƐƐƵŵƉƟŽŶƐ ǁŚŝĐŚ ŝŶĐůƵĚĞ͗ ª dŚĞ ƌĞƉůĂĐĞŵĞŶƚ ĐŽƐƚ ŝƐ ĚĞƌŝǀĞĚ ĨƌŽŵ ƌĞĐĞŶƚ ĐŽŶƐƚƌƵĐƟŽŶ ĐŽŶƚƌĂĐƚƐ ŽĨ ƐŝŵŝůĂƌ ĂƐƐĞƚƐ ĂŶĚ WƌŽƉĞƌƚLJ /ŶƐƟƚƵƚĞ ŽĨ EĞǁ ĞĂůĂŶĚ ĐŽƐƚ ŝŶĨŽƌŵĂƟŽŶ͘ ª ƐƟŵĂƟŶŐ ƚŚĞ ƌĞŵĂŝŶŝŶŐ ƵƐĞĨƵů ůŝĨĞ ŽĨ ƚŚĞ ĂƐƐĞƚ͘ ª ^ƚƌĂŝŐŚƚ ůŝŶĞ ĚĞƉƌĞĐŝĂƟŽŶ ŚĂƐ ďĞĞŶ ĂƉƉůŝĞĚ ŝŶ ĚĞƚĞƌŵŝŶŝŶŐ the depreciated replacement cost value of the asset.

WƌŽƉĞƌƚLJ͕ WůĂŶƚ ĂŶĚ ƋƵŝƉŵĞŶƚ hƐĞĨƵů >ŝǀĞƐ ĂŶĚ ZĞƐŝĚƵĂů sĂůƵĞƐ ƚ ĞĂĐŚ ďĂůĂŶĐĞ ĚĂƚĞ ƚŚĞ /ŶƐƟƚƵƚĞ ƌĞǀŝĞǁƐ ƚŚĞ ƵƐĞĨƵů ůŝǀĞƐ and residual values of its property, plant and equipment. Assessing the appropriateness of useful life and residual value ĞƐƟŵĂƚĞƐ ŽĨ ƉƌŽƉĞƌƚLJ͕ ƉůĂŶƚ ĂŶĚ ĞƋƵŝƉŵĞŶƚ ƌĞƋƵŝƌĞƐ ƚŚĞ

/ŶƐƟƚƵƚĞ ƚŽ ĐŽŶƐŝĚĞƌ Ă ŶƵŵďĞƌ ŽĨ ĨĂĐƚŽƌƐ ƐƵĐŚ ĂƐ ƚŚĞ ƉŚLJƐŝĐĂů ĐŽŶĚŝƟŽŶ ŽĨ ƚŚĞ ĂƐƐĞƚ͕ ĞdžƉĞĐƚĞĚ ƉĞƌŝŽĚ ŽĨ ƵƐĞ ŽĨ ƚŚĞ ĂƐƐĞƚ ďLJ ƚŚĞ /ŶƐƟƚƵƚĞ ĂŶĚ ĞdžƉĞĐƚĞĚ ĚŝƐƉŽƐĂů ƉƌŽĐĞĞĚƐ ĨƌŽŵ ƚŚĞ ĨƵƚƵƌĞ sale of the asset. Ŷ ŝŶĐŽƌƌĞĐƚ ĞƐƟŵĂƚĞ ŽĨ ƚŚĞ ƵƐĞĨƵů ůŝĨĞ Žƌ ƌĞƐŝĚƵĂů ǀĂůƵĞ ǁŝůů impact on the depreciable amount of an asset, therefore ŝŵƉĂĐƟŶŐ ŽŶ ƚŚĞ ĚĞƉƌĞĐŝĂƟŽŶ ĞdžƉĞŶƐĞ ƌĞĐŽŐŶŝƐĞĚ ŝŶ ƚŚĞ ƐƚĂƚĞŵĞŶƚ ŽĨ ĮŶĂŶĐŝĂů ƉĞƌĨŽƌŵĂŶĐĞ͕ ĂŶĚ ĐĂƌƌLJŝŶŐ ĂŵŽƵŶƚ ŽĨ ƚŚĞ ĂƐƐĞƚ ŝŶ ƚŚĞ ƐƚĂƚĞŵĞŶƚ ŽĨ ĮŶĂŶĐŝĂů ƉŽƐŝƟŽŶ͘ dŚĞ /ŶƐƟƚƵƚĞ ŵŝŶŝŵŝƐĞƐ ƚŚĞ ƌŝƐŬ ŽĨ ƚŚŝƐ ĞƐƟŵĂƟŽŶ ƵŶĐĞƌƚĂŝŶƚLJ ďLJ͗ ª ƉŚLJƐŝĐĂů ŝŶƐƉĞĐƟŽŶ ŽĨ ĂƐƐĞƚƐ͖ ª asset replacement programmes; ª review of second hand market prices for similar assets; and ª analysis of prior asset sales. dŚĞ /ŶƐƟƚƵƚĞ ŚĂƐ ŶŽƚ ŵĂĚĞ ƐŝŐŶŝĮĐĂŶƚ ĐŚĂŶŐĞƐ ƚŽ ƉĂƐƚ ĂƐƐƵŵƉƟŽŶƐ ĐŽŶĐĞƌŶŝŶŐ ƵƐĞĨƵů ůŝǀĞƐ ĂŶĚ ƌĞƐŝĚƵĂů ǀĂůƵĞƐ͘ The carrying amounts of property, plant and equipment are disclosed in Note 10.

ƌŝƟĐĂů :ƵĚŐĞŵĞŶƚƐ ŝŶ ƉƉůLJŝŶŐ ƚŚĞ /ŶƐƟƚƵƚĞ͛Ɛ ĐĐŽƵŶƟŶŐ WŽůŝĐŝĞƐ DĂŶĂŐĞŵĞŶƚ ŚĂƐ ĞdžĞƌĐŝƐĞĚ ƚŚĞ ĨŽůůŽǁŝŶŐ ĐƌŝƟĐĂů ũƵĚŐĞŵĞŶƚƐ ŝŶ ĂƉƉůLJŝŶŐ ĂĐĐŽƵŶƟŶŐ ƉŽůŝĐŝĞƐ ĨŽƌ ƚŚĞ LJĞĂƌ ĞŶĚĞĚ ϯϭ ĞĐĞŵďĞƌ 2017: dŚĞ ŽƵŶĐŝů ĂŶĚ DĂŶĂŐĞŵĞŶƚ ŵƵƐƚ ĞdžĞƌĐŝƐĞ ƚŚĞŝƌ ũƵĚŐĞŵĞŶƚ ǁŚĞŶ ƌĞĐŽŐŶŝƐŝŶŐ ŐƌĂŶƚ ƌĞǀĞŶƵĞ ƚŽ ĚĞƚĞƌŵŝŶĞ ŝĨ ĐŽŶĚŝƟŽŶƐ ŽĨ ƚŚĞ ŐƌĂŶƚ ĐŽŶƚƌĂĐƚ ŚĂǀĞ ďĞĞŶ ƐĂƟƐĮĞĚ͘ dŚŝƐ ũƵĚŐĞŵĞŶƚ ǁŝůů ďĞ based on the facts and circumstances that are evident for each grant contract. DŽƐƚ ƌŽǁŶ ĨƵŶĚŝŶŐ ƌĞĐĞŝǀĞĚ ŝƐ ŽƉĞƌĂƟŽŶĂů ŝŶ ŶĂƚƵƌĞ ĂŶĚ ŝƐ ƉƌŽǀŝĚĞĚ ďLJ ƚŚĞ ƌŽǁŶ ƵŶĚĞƌ ƚŚĞ ĂƵƚŚŽƌŝƚLJ ŽĨ ĂŶ ĞdžƉĞŶƐĞ ĂƉƉƌŽƉƌŝĂƟŽŶ ĂŶĚ ŝƐ ƌĞĐŽŐŶŝƐĞĚ ĂƐ ƌĞǀĞŶƵĞ͘ tŚĞƌĞ ĨƵŶĚŝŶŐ is received from the Crown under the authority of a capital ĂƉƉƌŽƉƌŝĂƟŽŶ͕ ƚŚĞ /ŶƐƟƚƵƚĞ ĂĐĐŽƵŶƚƐ ĨŽƌ ƚŚĞ ĨƵŶĚŝŶŐ ĂƐ Ă ĐĂƉŝƚĂů ĐŽŶƚƌŝďƵƟŽŶ ĚŝƌĞĐƚůLJ ŝŶ ĞƋƵŝƚLJ͘ /ŶĨŽƌŵĂƟŽŶ ĂďŽƵƚ ĐĂƉŝƚĂů ĐŽŶƚƌŝďƵƟŽŶƐ ƌĞĐŽŐŶŝƐĞĚ ŝŶ ĞƋƵŝƚLJ ŝƐ ĚŝƐĐůŽƐĞĚ ŝŶ EŽƚĞ 14.

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STATEMENT OF ACCOUNTING POLICIES

ANNUAL REPORT 2017

ĂƐŝƐ ŽĨ ŽŶƐŽůŝĚĂƟŽŶ

ƐƐŽĐŝĂƚĞ

dŚĞ ŐƌŽƵƉ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ ĂƌĞ ƉƌĞƉĂƌĞĚ ďLJ ĂĚĚŝŶŐ ƚŽŐĞƚŚĞƌ ůŝŬĞ ŝƚĞŵƐ ŽĨ ĂƐƐĞƚƐ͕ ůŝĂďŝůŝƟĞƐ͕ ĞƋƵŝƚLJ͕ ƌĞǀĞŶƵĞ͕ ĞdžƉĞŶƐĞƐ͕ ĂŶĚ ĐĂƐŚ ŇŽǁƐ ŽŶ Ă ůŝŶĞͲďLJͲůŝŶĞ ďĂƐŝƐ͘ ůů ƐŝŐŶŝĮĐĂŶƚ ŝŶƚƌĂŐƌŽƵƉ ďĂůĂŶĐĞƐ͕ ƚƌĂŶƐĂĐƟŽŶƐ͕ ƌĞǀĞŶƵĞ͕ ĂŶĚ ĞdžƉĞŶƐĞƐ ĂƌĞ ĞůŝŵŝŶĂƚĞĚ ŝŶ ĨƵůů ŽŶ ĐŽŶƐŽůŝĚĂƟŽŶ͘

dŚĞ /ŶƐƟƚƵƚĞ͛Ɛ ĂƐƐŽĐŝĂƚĞ ŝŶǀĞƐƚŵĞŶƚ ŝƐ ĂĐĐŽƵŶƚĞĚ ĨŽƌ ŝŶ ƚŚĞ ƉĂƌĞŶƚ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ ƵƐŝŶŐ ƚŚĞ ĞƋƵŝƚLJ ŵĞƚŚŽĚ͘ Ŷ ĂƐƐŽĐŝĂƚĞ ŝƐ ĂŶ ĞŶƟƚLJ ŽǀĞƌ ǁŚŝĐŚ ƚŚĞ /ŶƐƟƚƵƚĞ ŚĂƐ ƐŝŐŶŝĮĐĂŶƚ ŝŶŇƵĞŶĐĞ ĂŶĚ ƚŚĂƚ ŝƐ ŶĞŝƚŚĞƌ Ă ƐƵďƐŝĚŝĂƌLJ ŶŽƌ ĂŶ ŝŶƚĞƌĞƐƚ ŝŶ Ă ũŽŝŶƚ ǀĞŶƚƵƌĞ͘ dŚĞ ŝŶǀĞƐƚŵĞŶƚ ŝŶ ĂŶ ĂƐƐŽĐŝĂƚĞ ŝƐ ŝŶŝƟĂůůLJ recognised at cost and the carrying amount is increased or decreased to recognise the parent’s share of the change ŝŶ ŶĞƚ ĂƐƐĞƚƐ ŽĨ ƚŚĞ ĂƐƐŽĐŝĂƚĞ ĂŌĞƌ ƚŚĞ ĚĂƚĞ ŽĨ ĂĐƋƵŝƐŝƟŽŶ͘ dŚĞ ƉĂƌĞŶƚ͛Ɛ ƐŚĂƌĞ ŽĨ ƚŚĞ ĂƐƐŽĐŝĂƚĞ͛Ɛ ƐƵƌƉůƵƐ Žƌ ĚĞĮĐŝƚ ŽĨ ƚŚĞ ĂƐƐŽĐŝĂƚĞ ŝƐ ƌĞĐŽŐŶŝƐĞĚ ŝŶ ƚŚĞ ŐƌŽƵƉ ƐƵƌƉůƵƐ Žƌ ĚĞĮĐŝƚ͘ ŝƐƚƌŝďƵƟŽŶƐ ƌĞĐĞŝǀĞĚ ĨƌŽŵ ĂŶ ĂƐƐŽĐŝĂƚĞ ƌĞĚƵĐĞ ƚŚĞ ĐĂƌƌLJŝŶŐ ĂŵŽƵŶƚ ŽĨ ƚŚĞ ŝŶǀĞƐƚŵĞŶƚ ŝŶ ƚŚĞ ŐƌŽƵƉ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ͘

^ƵďƐŝĚŝĂƌŝĞƐ dŚĞ /ŶƐƟƚƵƚĞ ĐŽŶƐŽůŝĚĂƚĞƐ ŝŶ ƚŚĞ ŐƌŽƵƉ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ Ăůů ĞŶƟƟĞƐ ǁŚĞƌĞ ƚŚĞ /ŶƐƟƚƵƚĞ ŚĂƐ ƚŚĞ ĐĂƉĂĐŝƚLJ ƚŽ ĐŽŶƚƌŽů ƚŚĞ ĮŶĂŶĐŝŶŐ ĂŶĚ ŽƉĞƌĂƟŶŐ ƉŽůŝĐŝĞƐ ŽĨ ĂŶ ĞŶƟƚLJ ƐŽ ĂƐ ƚŽ ŽďƚĂŝŶ ďĞŶĞĮƚƐ ĨƌŽŵ ƚŚĞ ĂĐƟǀŝƟĞƐ ŽĨ ƚŚĞ ĞŶƟƚLJ͘ dŚŝƐ ƉŽǁĞƌ ĞdžŝƐƚƐ ǁŚĞƌĞ ƚŚĞ /ŶƐƟƚƵƚĞ ĐŽŶƚƌŽůƐ ƚŚĞ ŵĂũŽƌŝƚLJ ǀŽƟŶŐ ƉŽǁĞƌ ŽŶ ƚŚĞ governing body or where such policies have been irreversibly ƉƌĞĚĞƚĞƌŵŝŶĞĚ ďLJ ƚŚĞ /ŶƐƟƚƵƚĞ Žƌ ǁŚĞƌĞ ƚŚĞ ĚĞƚĞƌŵŝŶĂƟŽŶ of such policies is unable to materially impact the level of ƉŽƚĞŶƟĂů ŽǁŶĞƌƐŚŝƉ ďĞŶĞĮƚƐ ƚŚĂƚ ĂƌŝƐĞ ĨƌŽŵ ƚŚĞ ĂĐƟǀŝƟĞƐ ŽĨ the subsidiary. Subsidiaries are fully consolidated from the date on which control is transferred to the group. They are de-consolidated from the date that control ceases. dŚĞ /ŶƐƟƚƵƚĞ ǁŝůů ƌĞĐŽŐŶŝƐĞ ŐŽŽĚǁŝůů ǁŚĞƌĞ ƚŚĞƌĞ ŝƐ ĂŶ ĞdžĐĞƐƐ ŽĨ ƚŚĞ ĐŽŶƐŝĚĞƌĂƟŽŶ ƚƌĂŶƐĨĞƌƌĞĚ ŽǀĞƌ ƚŚĞ ŶĞƚ ŝĚĞŶƟĮĂďůĞ ĂƐƐĞƚƐ ĂĐƋƵŝƌĞĚ ĂŶĚ ůŝĂďŝůŝƟĞƐ ĂƐƐƵŵĞĚ͘ dŚŝƐ ĚŝīĞƌĞŶĐĞ ƌĞŇĞĐƚƐ ƚŚĞ ŐŽŽĚǁŝůů ƚŽ ďĞ ƌĞĐŽŐŶŝƐĞĚ ďLJ ƚŚĞ /ŶƐƟƚƵƚĞ͘ /Ĩ ƚŚĞ ĐŽŶƐŝĚĞƌĂƟŽŶ ƚƌĂŶƐĨĞƌƌĞĚ ŝƐ ůŽǁĞƌ ƚŚĂŶ ƚŚĞ ŶĞƚ ĨĂŝƌ ǀĂůƵĞ ŽĨ ƚŚĞ /ŶƐƟƚƵƚĞ͛Ɛ ŝŶƚĞƌĞƐƚ ŝŶ ƚŚĞ ŝĚĞŶƟĮĂďůĞ ĂƐƐĞƚƐ ĂĐƋƵŝƌĞĚ ĂŶĚ ůŝĂďŝůŝƟĞƐ ĂƐƐƵŵĞĚ͕ ƚŚĞ ĚŝīĞƌĞŶĐĞ ǁŝůů ďĞ ƌĞĐŽŐŶŝƐĞĚ ŝŵŵĞĚŝĂƚĞůLJ ŝŶ ƚŚĞ ƐƵƌƉůƵƐ Žƌ ĚĞĮĐŝƚ͘ /ŶǀĞƐƚŵĞŶƚƐ ŝŶ ƐƵďƐŝĚŝĂƌŝĞƐ ĂƌĞ ĐĂƌƌŝĞĚ Ăƚ ĐŽƐƚ ŝŶ ƚŚĞ /ŶƐƟƚƵƚĞ͛Ɛ ƉĂƌĞŶƚ ĞŶƟƚLJ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ͘

/Ĩ ƚŚĞ ƐŚĂƌĞ ŽĨ ĚĞĮĐŝƚƐ ŽĨ ĂŶ ĂƐƐŽĐŝĂƚĞ ĞƋƵĂůƐ Žƌ ĞdžĐĞĞĚƐ ĂŶ ŝŶƚĞƌĞƐƚ ŝŶ ƚŚĞ ĂƐƐŽĐŝĂƚĞ͕ ƚŚĞ ƉĂƌĞŶƚ ĚŝƐĐŽŶƟŶƵĞƐ ƌĞĐŽŐŶŝƐŝŶŐ ŝƚƐ ƐŚĂƌĞ ŽĨ ĨƵƌƚŚĞƌ ĚĞĮĐŝƚƐ͘ ŌĞƌ ƚŚĞ ƉĂƌĞŶƚ͛Ɛ ŝŶƚĞƌĞƐƚ ŝƐ ƌĞĚƵĐĞĚ ƚŽ njĞƌŽ͕ ĂĚĚŝƟŽŶĂů ĚĞĮĐŝƚƐ ĂƌĞ ƉƌŽǀŝĚĞĚ ĨŽƌ͕ ĂŶĚ Ă ůŝĂďŝůŝƚLJ ŝƐ ƌĞĐŽŐŶŝƐĞĚ͕ ŽŶůLJ ƚŽ ƚŚĞ ĞdžƚĞŶƚ ƚŚĂƚ ƚŚĞ ŐƌŽƵƉ ŚĂƐ ŝŶĐƵƌƌĞĚ ůĞŐĂů Žƌ ĐŽŶƐƚƌƵĐƟǀĞ ŽďůŝŐĂƟŽŶƐ Žƌ ŵĂĚĞ ƉĂLJŵĞŶƚƐ on behalf of the associate. If the associate subsequently reports surpluses, the parent will resume recognising its share ŽĨ ƚŚŽƐĞ ƐƵƌƉůƵƐĞƐ ŽŶůLJ ĂŌĞƌ ŝƚƐ ƐŚĂƌĞ ŽĨ ƚŚĞ ƐƵƌƉůƵƐĞƐ ĞƋƵĂůƐ ƚŚĞ ƐŚĂƌĞ ŽĨ ĚĞĮĐŝƚƐ ŶŽƚ ƌĞĐŽŐŶŝƐĞĚ͘ Where the parent transacts with an associate, surpluses or ĚĞĮĐŝƚƐ ĂƌĞ ĞůŝŵŝŶĂƚĞĚ ƚŽ ƚŚĞ ĞdžƚĞŶƚ ŽĨ ƚŚĞ ƉĂƌĞŶƚ͛Ɛ ŝŶƚĞƌĞƐƚ ŝŶ the relevant associate.


73

FINANCIAL STATEMENTS

ANNUAL REPORT 2017

&ŝŶĂŶĐŝĂů ^ƚĂƚĞŵĞŶƚƐ ^ƚĂƚĞŵĞŶƚ ŽĨ &ŝŶĂŶĐŝĂů WĞƌĨŽƌŵĂŶĐĞ &Žƌ ƚŚĞ LJĞĂƌ ĞŶĚĞĚ ϯϭ ĞĐĞŵďĞƌ ϮϬϭϳ ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ

EŽƚĞƐ

'ƌŽƵƉ

ĐƚƵĂů

ƵĚŐĞƚ

ĐƚƵĂů

ĐƚƵĂů

ĐƚƵĂů

ϮϬϭϳ

ϮϬϭϳ

ϮϬϭϲ

ϮϬϭϳ

ϮϬϭϲ

ΨΖϬϬϬ

ΨΖϬϬϬ

ΨΖϬϬϬ

ΨΖϬϬϬ

ΨΖϬϬϬ

ZĞǀĞŶƵĞ Government Grants

1

33,038

31,805

32,610

33,038

32,610

^ƚƵĚĞŶƚ dƵŝƟŽŶ ͬ ŽƵƌƐĞ &ĞĞƐ

2

12,321

12,675

9,712

12,321

9,712

Revenue - Other

3

7,756

8,202

8,236

7,753

8,214

ϱϯ͕ϭϭϲ

ϱϮ͕ϲϴϯ

ϱϬ͕ϱϱϳ

ϱϯ͕ϭϭϯ

ϱϬ͕ϱϯϱ

4

23,043

22,383

21,705

23,043

21,705

10 11

5,884

6,001

5,521

5,884

5,521

50

350

0

50

0

20,371

22,972

20,774

20,371

20,774

dŽƚĂů ZĞǀĞŶƵĞ džƉĞŶĚŝƚƵƌĞ WĞƌƐŽŶŶĞů ŽƐƚƐ ĞƉƌĞĐŝĂƟŽŶ ĂŶĚ ĂŵŽƌƟƐĂƟŽŶ Restructuring Costs KƚŚĞƌ ŽƉĞƌĂƟŶŐ ĞdžƉĞŶƐĞƐ

5

;'ĂŝŶƐͿ ͬ >ŽƐƐĞƐ ŽŶ ĚŝƐƉŽƐĂů ŽĨ ĂƐƐĞƚƐ dŽƚĂů džƉĞŶĚŝƚƵƌĞ ^ŚĂƌĞ ŽĨ ƐƐŽĐŝĂƚĞƐΖƐ ƐƵƌƉůƵƐͬ;ĚĞĮĐŝƚͿ

;ϮϭϭͿ

-

7

;ϮϭϭͿ

7

ϰϵ͕ϭϯϳ

ϱϭ͕ϳϬϲ

ϰϴ͕ϬϬϳ

ϰϵ͕ϭϯϳ

ϰϴ͕ϬϬϳ

47

-

47

47

47

ϰ͕ϬϮϲ

976

Ϯ͕ϱϵϴ

ϰ͕ϬϮϯ

Ϯ͕ϱϳϲ

27

EĞƚ ^ƵƌƉůƵƐ

^ƚĂƚĞŵĞŶƚ ŽĨ ŽŵƉƌĞŚĞŶƐŝǀĞ ZĞǀĞŶƵĞ Θ džƉĞŶƐĞ &Žƌ ƚŚĞ LJĞĂƌ ĞŶĚĞĚ ϯϭ ĞĐĞŵďĞƌ ϮϬϭϳ ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ

'ƌŽƵƉ

ĐƚƵĂů

ƵĚŐĞƚ

ĐƚƵĂů

ĐƚƵĂů

ĐƚƵĂů

ϮϬϭϳ

ϮϬϭϳ

ϮϬϭϲ

ϮϬϭϳ

ϮϬϭϲ

ΨΖϬϬϬ

ΨΖϬϬϬ

ΨΖϬϬϬ

ΨΖϬϬϬ

ΨΖϬϬϬ

4,026

976

2,598

4,023

2,576

'ĂŝŶƐ ŽŶ ƉƌŽƉĞƌƚLJ ƌĞǀĂůƵĂƟŽŶƐ

-

-

7,556

-

7,556

dŽƚĂů ĐŽŵƉƌĞŚĞŶƐŝǀĞ ZĞǀĞŶƵĞ

ϰ͕ϬϮϲ

976

ϭϬ͕ϭϱϰ

ϰ͕ϬϮϯ

ϭϬ͕ϭϯϮ

EŽƚĞƐ Net surplus

džƉůĂŶĂƟŽŶƐ ŽĨ ŵĂũŽƌ ǀĂƌŝĂŶĐĞƐ ĂŐĂŝŶƐƚ ďƵĚŐĞƚ ĂƌĞ ƉƌŽǀŝĚĞĚ ŝŶ ŶŽƚĞ Ϯϰ͘ dŚĞ ĂĐĐŽŵƉĂŶLJŝŶŐ ŶŽƚĞƐ ĨŽƌŵ ƉĂƌƚ ŽĨ ƚŚĞƐĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ͘


74

FINANCIAL STATEMENTS

ANNUAL REPORT 2017

^ƚĂƚĞŵĞŶƚ ŽĨ ŚĂŶŐĞƐ ŝŶ ƋƵŝƚLJ &Žƌ ƚŚĞ LJĞĂƌ ĞŶĚĞĚ ϯϭ ĞĐĞŵďĞƌ ϮϬϭϳ ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ ĐƚƵĂů EŽƚĞƐ Balance at 1 January Total comprehensive Revenue Net Transfer to restricted reserves ĂƉŝƚĂů ŽŶƚƌŝďƵƟŽŶƐ ĂůĂŶĐĞ Ăƚ ϯϭ ĞĐĞŵďĞƌ

ƵĚŐĞƚ

'ƌŽƵƉ ĐƚƵĂů

ĐƚƵĂů

ĐƚƵĂů

ϮϬϭϳ

ϮϬϭϳ

ϮϬϭϲ

ϮϬϭϳ

ϮϬϭϲ

ΨΖϬϬϬ

ΨΖϬϬϬ

ΨΖϬϬϬ

ΨΖϬϬϬ

ΨΖϬϬϬ

109,372

108,350

99,222

109,375

99,247

4,026

976

10,154

4,023

10,154

;ϮͿ

-

;ϰͿ

;ϮͿ

;ϰͿ

-

-

-

-

-

ϭϭϯ͕ϯϵϲ

ϭϬϵ͕ϯϮϲ

ϭϬϵ͕ϯϳϮ

ϭϭϯ͕ϯϵϳ

ϭϬϵ͕ϯϳϱ

dŚĞ ĂĐĐŽŵƉĂŶLJŝŶŐ ŶŽƚĞƐ ĨŽƌŵ ƉĂƌƚ ŽĨ ƚŚĞƐĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ͘


75

FINANCIAL STATEMENTS

ANNUAL REPORT 2017

^ƚĂƚĞŵĞŶƚ ŽĨ &ŝŶĂŶĐŝĂů WŽƐŝƟŽŶ As at 31 December 2017

EŽƚĞƐ ƐƐĞƚƐ ƵƌƌĞŶƚ ƐƐĞƚƐ Cash and cash equivalents Trade and other receivables Inventories KƚŚĞƌ &ŝŶĂŶĐŝĂů ƐƐĞƚƐ dŽƚĂů ƵƌƌĞŶƚ ƐƐĞƚƐ EŽŶͲ ƵƌƌĞŶƚ ƐƐĞƚƐ KƚŚĞƌ &ŝŶĂŶĐŝĂů ƐƐĞƚƐ Investment in Associate Investment in Subsidary Assets held for Sale WƌŽƉĞƌƚLJ͕ ƉůĂŶƚ ĂŶĚ ĞƋƵŝƉŵĞŶƚ Intangible Assets dŽƚĂů EŽŶͲ ƵƌƌĞŶƚ ƐƐĞƚƐ dŽƚĂů ƐƐĞƚƐ >ŝĂďŝůŝƟĞƐ ƵƌƌĞŶƚ >ŝĂďŝůŝƟĞƐ Trade and other payables ŵƉůŽLJĞĞ ĞŶĞĮƚ >ŝĂďŝůŝƟĞƐ dŽƚĂů ƵƌƌĞŶƚ >ŝĂďŝůŝƟĞƐ EŽŶͲ ƵƌƌĞŶƚ >ŝĂďŝůŝƟĞƐ ŵƉůŽLJĞĞ ŶƟƚůĞŵĞŶƚƐ dŽƚĂů EŽŶͲ ƵƌƌĞŶƚ >ŝĂďŝůŝƟĞƐ dŽƚĂů >ŝĂďŝůŝƟĞƐ EĞƚ ƐƐĞƚƐ ƋƵŝƚLJ ZĞƚĂŝŶĞĚ ĂƌŶŝŶŐƐ WƌŽƉĞƌƚLJ ZĞǀĂůƵĂƟŽŶ ZĞƐĞƌǀĞ dŽƚĂů ƋƵŝƚLJ

^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ ĐƚƵĂů ƵĚŐĞƚ ĐƚƵĂů ϮϬϭϳ ϮϬϭϳ ϮϬϭϲ ΨΖϬϬϬ ΨΖϬϬϬ ΨΖϬϬϬ

14th May 2018

ĐƚƵĂů ϮϬϭϲ ΨΖϬϬϬ

6 7 8 9

2,535 2,798 1,498 28,610 ϯϱ͕ϰϰϭ

8,254 1,400 1,400 13,353 Ϯϰ͕ϰϬϳ

6,054 2,227 1,072 23,109 ϯϮ͕ϰϲϮ

2,535 2,799 1,498 28,610 ϯϱ͕ϰϰϮ

6,054 2,230 1,072 23,109 ϯϮ͕ϰϲϱ

9 27

4 445 86,583 1,524 ϴϴ͕ϱϱϲ ϭϮϯ͕ϵϵϳ

4 356 93,325 991 ϵϰ͕ϲϳϲ ϭϭϵ͕Ϭϴϯ

4 393 84,865 1,908 ϴϳ͕ϭϳϬ ϭϭϵ͕ϲϯϮ

4 445 86,583 1,524 ϴϴ͕ϱϱϲ ϭϮϯ͕ϵϵϴ

4 393 84,865 1,908 ϴϳ͕ϭϳϬ ϭϭϵ͕ϲϯϱ

12 13

8,700 1,699 ϭϬ͕ϰϬϬ

7,650 1,900 ϵ͕ϱϱϬ

8,498 1,612 ϭϬ͕ϭϭϬ

8,700 1,699 ϭϬ͕ϰϬϬ

8,498 1,612 ϭϬ͕ϭϭϬ

13

200 200 ϭϬ͕ϲϬϬ ϭϭϯ͕ϯϵϲ

207 207 ϵ͕ϳϱϳ ϭϬϵ͕ϯϮϲ

150 150 ϭϬ͕ϮϲϬ ϭϬϵ͕ϯϳϮ

200 200 ϭϬ͕ϲϬϬ ϭϭϯ͕ϯϵϳ

150 150 ϭϬ͕ϮϲϬ ϭϬϵ͕ϯϳϱ

14 14

90,033 23,363 ϭϭϯ͕ϯϵϲ

85,995 23,331 ϭϬϵ͕ϯϮϲ

86,009 23,363 ϭϬϵ͕ϯϳϮ

90,034 23,363 ϭϭϯ͕ϯϵϳ

86,012 23,363 ϭϬϵ͕ϯϳϱ

10 10 11

dŚĞ ĂĐĐŽŵƉĂŶLJŝŶŐ ŶŽƚĞƐ ĨŽƌŵ ƉĂƌƚ ŽĨ ƚŚĞƐĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ͘

W ,ĞĞŶĂŶ Chairperson of Council

'ƌŽƵƉ ĐƚƵĂů ϮϬϭϳ ΨΖϬϬϬ

WĞŶŶLJ ^ŝŵŵŽŶĚƐ ŚŝĞĨ džĞĐƵƟǀĞ


76

FINANCIAL STATEMENTS

ANNUAL REPORT 2017

^ƚĂƚĞŵĞŶƚ ŽĨ ĂƐŚ &ůŽǁƐ &Žƌ ƚŚĞ LJĞĂƌ ĞŶĚĞĚ ϯϭ ĞĐĞŵďĞƌ ϮϬϭϳ

^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ EŽƚĞ

'ƌŽƵƉ

ĐƚƵĂů

ƵĚŐĞƚ

ĐƚƵĂů

ĐƚƵĂů

ĐƚƵĂů

ϮϬϭϳ

ϮϬϭϳ

ϮϬϭϲ

ϮϬϭϳ

ϮϬϭϲ

ΨΖϬϬϬ

ΨΖϬϬϬ

ΨΖϬϬϬ

ΨΖϬϬϬ

ΨΖϬϬϬ

32,061

36,100

33,505

32,061

33,505

ĂƐŚ ŇŽǁƐ ĨƌŽŵ ŽƉĞƌĂƟŶŐ ĂĐƟǀŝƟĞƐ Receipts from government grants Interest Received

1,030

800

890

1,030

890

18,802

16,032

16,877

18,802

16,877

WĂLJŵĞŶƚƐ ƚŽ ƐƵƉƉůŝĞƌƐ

;ϭϵ͕ϴϴϵͿ

;ϮϮ͕ϮϵϱͿ

;ϮϬ͕ϳϭϭͿ

;ϭϵ͕ϴϴϵͿ

;ϮϬ͕ϳϯϳͿ

WĂLJŵĞŶƚƐ ƚŽ ĞŵƉůŽLJĞĞƐ

;ϮϮ͕ϵϭϴͿ

;Ϯϯ͕ϰϭϬͿ

;Ϯϭ͕ϳϬϱͿ

;ϮϮ͕ϵϭϴͿ

;Ϯϭ͕ϳϬϱͿ

;ϵϭͿ

-

;ϮϴͿ

;ϵϭͿ

;ϮϬͿ

ϴ͕ϵϵϱ

ϳ͕ϮϮϳ

ϴ͕ϴϮϴ

ϴ͕ϵϵϱ

ϴ͕ϴϭϬ

211

-

;ϳͿ

211

;ϳͿ

;ϱ͕ϱϬϱͿ

-

;ϰ͕ϯϰϭͿ

;ϱ͕ϱϬϱͿ

;ϰ͕ϯϰϭͿ

;ϱͿ

-

;ϭϱͿ

;ϱͿ

;ϭϱͿ

;ϳ͕ϮϭϱͿ

;ϵ͕ϰϬϰͿ

;ϰ͕ϵϬϲͿ

;ϳ͕ϮϭϱͿ

;ϰ͕ϵϬϲͿ

;ϭϮ͕ϱϭϰͿ

;ϵ͕ϰϬϰͿ

;ϵ͕ϯϱϵͿ

;ϭϮ͕ϱϭϰͿ

;ϵ͕ϯϱϵͿ

WƌŽĐĞĞĚƐ ĨƌŽŵ ďŽƌƌŽǁŝŶŐƐ

-

-

-

-

-

ƋƵŝƚLJ ŽŶƚƌŝďƵƟŽŶƐ

-

-

;ϮͿ

-

;ϮͿ

EĞƚ ĐĂƐŚ ĨƌŽŵ ĮŶĂŶĐŝŶŐ ĂĐƟǀŝƟĞƐ

Ͳ

Ͳ

;ϮͿ

Ͳ

;ϮͿ

;ϯ͕ϱϭϵͿ

;Ϯ͕ϭϳϳͿ

;ϱϯϯͿ

;ϯ͕ϱϭϵͿ

;ϱϱϭͿ

6,054

10,431

6,587

6,054

6,605

Ϯ͕ϱϯϱ

ϴ͕Ϯϱϰ

ϲ͕Ϭϱϰ

Ϯ͕ϱϯϱ

ϲ͕Ϭϱϰ

Receipts from Revenue other

'ŽŽĚƐ ĂŶĚ ^ĞƌǀŝĐĞƐ dĂdž ;ŶĞƚͿ EĞƚ ĐĂƐŚ ĨƌŽŵ ŽƉĞƌĂƟŶŐ ĂĐƟǀŝƟĞƐ ĂƐŚ ŇŽǁƐ ĨƌŽŵ ŝŶǀĞƐƟŶŐ ĂĐƟǀŝƟĞƐ WƌŽĐĞĞĚƐ ĨƌŽŵ ƐĂůĞ ŽĨ ƉƌŽƉĞƌƚLJ͕ ƉůĂŶƚ and equipment EĞƚ WƌŽĐĞĞĚƐͬ; ĐƋƵŝƐƟŽŶƐͿ ĮŶĂŶĐŝĂů ĂƐƐĞƚƐ Investment in Associate

27

WƵƌĐŚĂƐĞ ŽĨ &ŝdžĞĚ ƐƐĞƚƐ ĂƐŚ ŇŽǁƐ ĨƌŽŵ ŝŶǀĞƐƟŶŐ ĂĐƟǀŝƟĞƐ ĂƐŚ ŇŽǁƐ ĨƌŽŵ ĮŶĂŶĐŝŶŐ ĂĐƟǀŝƟĞƐ

EĞƚ ;ĚĞĐƌĞĂƐĞͿ ͬ ŝŶĐƌĞĂƐĞ ŝŶ ĐĂƐŚ ĂŶĚ ĐĂƐŚ equivalents Cash and cash equivalents at the beginning of the year ĂƐŚ ĂŶĚ ĐĂƐŚ ĞƋƵŝǀĂůĞŶƚƐ Ăƚ ƚŚĞ ĞŶĚ ŽĨ ƚŚĞ LJĞĂƌ

6

dŚĞ ĂĐĐŽŵƉĂŶLJŝŶŐ ŶŽƚĞƐ ĨŽƌŵ ƉĂƌƚ ŽĨ ƚŚĞƐĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ͘ dŚĞ '^d ;ŶĞƚͿ ĐŽŵƉŽŶĞŶƚ ŽĨ ŽƉĞƌĂƟŶŐ ĂĐƟǀŝƟĞƐ ƌĞŇĞĐƚƐ ƚŚĞ ŶĞƚ '^d ƉĂŝĚ ƚŽ ĂŶĚ ƌĞĐĞŝǀĞĚ ĨƌŽŵ ƚŚĞ /ŶůĂŶĚ ZĞǀĞŶƵĞ ĞƉĂƌƚŵĞŶƚ͘ dŚĞ '^d ;ŶĞƚͿ ĐŽŵƉŽŶĞŶƚ ŚĂƐ ďĞĞŶ ƉƌĞƐĞŶƚĞĚ ŽŶ Ă ŶĞƚ ďĂƐŝƐ͕ ĂƐ ƚŚĞ ŐƌŽƐƐ ĂŵŽƵŶƚƐ ĚŽ ŶŽƚ ƉƌŽǀŝĚĞ ŵĞĂŶŝŶŐĨƵů ŝŶĨŽƌŵĂƟŽŶ ĨŽƌ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚ ƉƵƌƉŽƐĞƐ ĂŶĚ ƚŽ ďĞ ĐŽŶƐŝƐƚĞŶƚ ǁŝƚŚ ƚŚĞ ƉƌĞƐĞŶƚĂƟŽŶ ďĂƐŝƐ ŽĨ ƚŚĞ ŽƚŚĞƌ ƉƌŝŵĂƌLJ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ͘


77

FINANCIAL STATEMENTS

ANNUAL REPORT 2017

ZĞĐŽŶĐŝůŝĂƟŽŶ ŽĨ ƚŚĞ EĞƚ ^ƵƌƉůƵƐ ŽŶ KƉĞƌĂƟŽŶƐ ǁŝƚŚ ƚŚĞ EĞƚ ĂƐŚ &ůŽǁƐ ĨƌŽŵ KƉĞƌĂƟŽŶ ĐƟǀŝƟĞƐ &Žƌ ƚŚĞ LJĞĂƌ ĞŶĚĞĚ ϯϭ ĞĐĞŵďĞƌ ϮϬϭϳ ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ ĐƚƵĂů

^ƵƌƉůƵƐ ͬ ;ĚĞĮĐŝƚͿ

ƵĚŐĞƚ

'ƌŽƵƉ ĐƚƵĂů

ĐƚƵĂů

ĐƚƵĂů

ϮϬϭϳ

ϮϬϭϳ

ϮϬϭϲ

ϮϬϭϳ

ϮϬϭϲ

ΨΖϬϬϬ

ΨΖϬϬϬ

ΨΖϬϬϬ

ΨΖϬϬϬ

ΨΖϬϬϬ

4,026

976

2,607

4,023

2,585

;ϰϳͿ

-

;ϱϲͿ

;ϰϳͿ

;ϱϲͿ

5,884

6,001

5,521

5,884

5,521

50

-

;ϱϭͿ

50

;ϱϭͿ

-

-

-

-

-

;ϮϭϭͿ

-

7

;ϮϭϭͿ

7

;ϭϴϬͿ

;ϭ͕ϬϲϭͿ

;ϭϳϲͿ

;ϰϴϴͿ

576

;ϰϴϴͿ

489

;ϰϮϲͿ

489

ĚĚ ͬ ;ůĞƐƐͿ ŶŽŶͲĐĂƐŚ ŝƚĞŵƐ͗ ^ŚĂƌĞ ŽĨ ĂƐƐŽĐŝĂƚĞ ƐƵƌƉůƵƐͬ;ĚĞĮĐŝƚͿ ĞƉƌĞĐŝĂƟŽŶ ĂŶĚ ĂŵŽƌƟƐĂƟŽŶ DŽǀĞŵĞŶƚ ŝŶ ŵƉůŽLJĞĞ ŶƟƚůĞŵĞŶƚƐ ĚĚ ͬ ;ůĞƐƐͿ ŝƚĞŵƐ ĐůĂƐƐŝĮĞĚ ĂƐ ŝŶǀĞƐƟŶŐ Žƌ ĮŶĂŶĐŝŶŐ ĂĐƟǀŝƟĞƐ͗ Loss on disposal of Investment ;'ĂŝŶƐͿ ͬ ůŽƐƐĞƐ ŽŶ ĚŝƐƉŽƐĂů ŽĨ ƉƌŽƉĞƌƚLJ͕ plant and equipment ĚĚ ͬ ;ůĞƐƐͿ ŵŽǀĞŵĞŶƚƐ ŝŶ ǁŽƌŬŝŶŐ ĐĂƉŝƚĂů ŝƚĞŵƐ͗ ;/ŶĐͿ ͬ ĞĐ ĐĐŽƵŶƚƐ ƌĞĐĞŝǀĂďůĞ ;/ŶĐͿ ͬ ĞĐ WƌĞƉĂLJŵĞŶƚƐ ;/ŶĐͿ ͬ ĞĐ /ŶǀĞŶƚŽƌŝĞƐ /ŶĐ ͬ ; ĞĐͿ ĐĐŽƵŶƚƐ ƉĂLJĂďůĞ /ŶĐ ͬ ; ĞĐͿ ZĞǀĞŶƵĞ ŝŶ ĚǀĂŶĐĞ /ŶĐ ͬ ; ĞĐͿ ĐĐƌƵĞĚ džƉĞŶƐĞƐ

;ϭ͕ϬϲϰͿ 576

-

;ϰϮϲͿ 282

-

41

282

41

;ϭϬϴͿ

250

895

;ϭϬϴͿ

895

33

-

43

33

43

ϴ͕ϵϵϱ

ϳ͕ϮϮϳ

ϴ͕ϴϮϴ

ϴ͕ϵϵϱ

ϴ͕ϴϭϬ

EĞƚ ĐĂƐŚ ŝŶŇŽǁ ͬ ;ŽƵƞůŽǁͿ ĨƌŽŵ ŽƉĞƌĂƟŶŐ ĂĐƟǀŝƟĞƐ

dŚĞ ĂĐĐŽŵƉĂŶLJŝŶŐ ŶŽƚĞƐ ĨŽƌŵ ƉĂƌƚ ŽĨ ƚŚĞƐĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ͘


78

FINANCIAL STATEMENTS

ANNUAL REPORT 2017

Statement of Commitments As at 31 December 2017 ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ

'ƌŽƵƉ

ĐƚƵĂů

ĐƚƵĂů

ĐƚƵĂů

ĐƚƵĂů

ϮϬϭϳ

ϮϬϭϲ

ϮϬϭϳ

ϮϬϭϲ

ΨΖϬϬϬ

ΨΖϬϬϬ

ΨΖϬϬϬ

ΨΖϬϬϬ

672

3,940

672

3,940

-

242

-

242

ĂƉŝƚĂů ĐŽŵŵŝƚŵĞŶƚƐ Land & Buildings ƋƵŝƉŵĞŶƚ Hospitality Redevelopment

-

676

-

676

672

4,858

672

4,858

419

375

419

375

1,099

1,393

1,099

1,393

KƉĞƌĂƟŶŐ >ĞĂƐĞ ĐŽŵŵŝƚŵĞŶƚƐ EŽŶ ĐĂŶĐĞůůĂďůĞ ŽƉĞƌĂƟŶŐ ůĞĂƐĞ ĂƐ ůĞƐƐĞĞ͗ WƌŽƉĞƌƚLJ Not later than one year >ĂƚĞƌ ƚŚĂŶ ŽŶĞ LJĞĂƌ ĂŶĚ ŶŽƚ ůĂƚĞƌ ƚŚĂŶ ĮǀĞ LJĞĂƌƐ >ĂƚĞƌ ƚŚĂŶ ĮǀĞ LJĞĂƌƐ

139

128

139

128

1,657

1,896

1,657

1,896

Not later than one year

-

-

-

-

>ĂƚĞƌ ƚŚĂŶ ŽŶĞ LJĞĂƌ ĂŶĚ ŶŽƚ ůĂƚĞƌ ƚŚĂŶ ĮǀĞ LJĞĂƌƐ

-

-

-

-

>ĂƚĞƌ ƚŚĂŶ ĮǀĞ LJĞĂƌƐ

-

-

-

-

-

-

-

-

86

437

86

437

150

186

150

186

-

-

-

-

236

623

236

623

Not later than one year

-

-

-

-

>ĂƚĞƌ ƚŚĂŶ ŽŶĞ LJĞĂƌ ĂŶĚ ŶŽƚ ůĂƚĞƌ ƚŚĂŶ ĮǀĞ LJĞĂƌƐ

-

-

-

-

>ĂƚĞƌ ƚŚĂŶ ĮǀĞ LJĞĂƌƐ

-

-

-

-

-

-

-

-

2,565

7,377

2,565

7,337

ƋƵŝƉŵĞŶƚ

^ĞƌǀŝĐĞƐ Not later than one year >ĂƚĞƌ ƚŚĂŶ ŽŶĞ LJĞĂƌ ĂŶĚ ŶŽƚ ůĂƚĞƌ ƚŚĂŶ ĮǀĞ LJĞĂƌƐ >ĂƚĞƌ ƚŚĂŶ ĮǀĞ LJĞĂƌƐ &ƌĂŶĐŚŝƐĞ ŽƵƌƐĞ &ĞĞƐ

TOTAL COMMITMENTS

ƋƵŝƉŵĞŶƚ ůĞĂƐĞƐ ĐĂŶ ďĞ ƌĞŶĞǁĞĚ Ăƚ ƚŚĞ /ŶƐƟƚƵƚĞ͛Ɛ ŽƉƟŽŶ͕ ǁŝƚŚ ƌĞŶƚƐ ƐĞƚ ďLJ ƌĞĨĞƌĞŶĐĞ ƚŽ ĐƵƌƌĞŶƚ ŵĂƌŬĞƚ ƌĂƚĞƐ ĨŽƌ ŝƚĞŵƐ ŽĨ ĞƋƵŝǀĂůĞŶƚ ĂŐĞ ĂŶĚ ĐŽŶĚŝƟŽŶ͘ dŚĞ /ŶƐƟƚƵƚĞ ĚŽĞƐ ŶŽƚ ŚĂǀĞ ƚŚĞ ŽƉƟŽŶ ƚŽ ƉƵƌĐŚĂƐĞ ƚŚĞ ĂƐƐĞƚ Ăƚ ƚŚĞ ĞŶĚ ŽĨ ƚŚĞ ůĞĂƐĞ ƚĞƌŵ͘ dŚĞƌĞ ĂƌĞ ŶŽ ƌĞƐƚƌŝĐƟŽŶƐ ƉůĂĐĞĚ ŽŶ ƚŚĞ /ŶƐƟƚƵƚĞ ďLJ ĂŶLJ ŽĨ ƚŚĞ ůĞĂƐŝŶŐ ĂƌƌĂŶŐĞŵĞŶƚƐ͘ dŚĞ ĂĐĐŽŵƉĂŶLJŝŶŐ ŶŽƚĞƐ ĨŽƌŵ ƉĂƌƚ ŽĨ ƚŚĞƐĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ͘


ANNUAL REPORT 2017

FINANCIAL STATEMENTS

^ƚĂƚĞŵĞŶƚ ŽĨ ŽŶƟŶŐĞŶĐŝĞƐ As at 31 December 2017 ŽŶƟŶŐĞŶƚ >ŝĂďŝůŝƟĞƐ ^/d ŚĂƐ Ă ĐŽŶƟŶŐĞŶƚ ůŝĂďŝůŝƚLJ ĂƐ ŐƵĂƌĂŶƚŽƌ ĨŽƌ ϰϵй ŽĨ ĂŶLJ ĐůĂŝŵ ŽǁŝŶŐ ƚŽ ƚŚĞ ůĞĂƐĞĚ ƉƌŽƉĞƌƚLJ Ăƚ ůĞǀĞů Ϯ͕ ϱϯͲϱϳ ^ŚŽƚŽǀĞƌ ^ƚƌĞĞƚ͕ YƵĞĞŶƐƚŽǁŶ͕ ĨŽƌ ^> ĨƌŽŵ ϮϬϭϱ ƵƉ ƚŽ ϬϭͬϬϴͬϮϬϮϬ͘ dŚĞ ĂĐĐŽŵƉĂŶLJŝŶŐ ŶŽƚĞƐ ĨŽƌŵ ƉĂƌƚ ŽĨ ƚŚĞƐĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ͘

79


80

FINANCIAL STATEMENTS

ANNUAL REPORT 2017

EŽƚĞƐ ƚŽ ƚŚĞ &ŝŶĂŶĐŝĂů ^ƚĂƚĞŵĞŶƚƐ &Žƌ ƚŚĞ LJĞĂƌ ĞŶĚĞĚ ϯϭ ĞĐĞŵďĞƌ ϮϬϭϳ ϭ 'ŽǀĞƌŶŵĞŶƚ 'ƌĂŶƚƐ dŚŝƐ ŝŶĐůƵĚĞƐ ŵŽŶŝĞƐ ƌĞĐĞŝǀĞĚ ĨƌŽŵ 'ŽǀĞƌŶŵĞŶƚ ďLJ ǁĂLJ ŽĨ ĂŶ KƉĞƌĂƟŽŶĂů ƵůŬ 'ƌĂŶƚ͕ ǁŚŝĐŚ ŝƐ ďĂƐĞĚ ŽŶ ĞƋƵŝǀĂůĞŶƚ ĨƵůůͲ ƟŵĞ ƐƚƵĚĞŶƚ ; &d^Ϳ ůĞǀĞůƐ ĂŶĚ ƚŚĞ ĨƵŶĚŝŶŐ ĐĂƚĞŐŽƌLJ ůĞǀĞůƐ ŽĨ ƚŚĞƐĞ &d^͕ ĂŶĚ ƐƉĞĐŝĮĐ ƉƵƌƉŽƐĞ ʹ ƌĞůĂƚĞĚ ŐƌĂŶƚƐ͘ Ŷ ĂŶĂůLJƐŝƐ ŽĨ Government grant funding is as follows: ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ 'ƌŽƵƉ

KƉĞƌĂƟŽŶĂů ďƵůŬ ŐƌĂŶƚ EŽŶͲ &d^ ĨƵŶĚŝŶŐ Childcare Centre grant YƵĂůŝƚLJ ZĞŝŶǀĞƐƚŵĞŶƚ WƌŽŐƌĂŵŵĞ Disability grant DĂŽƌŝ Θ WĂƐŝĮŬĂ 'ƌĂŶƚ Other

ĐƚƵĂů

ƵĚŐĞƚ

ĐƚƵĂů

ĐƚƵĂů

ĐƚƵĂů

ϮϬϭϳ

ϮϬϭϳ

ϮϬϭϲ

ϮϬϭϳ

ϮϬϭϲ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

29,983

28,831

29,576

29,983

29,576

2,100

2,035

2,051

2,100

2,051

804

800

844

804

844

-

-

-

-

-

107

100

100

107

100

44

39

39

44

39

-

-

-

-

-

33,038

31,805

32,610

33,038

32,610

Ϯ ^ƚƵĚĞŶƚ ƚƵŝƟŽŶ ĂŶĚ ĐŽƵƌƐĞ ĨĞĞƐ dŚĞ ĂŵŽƵŶƚ ƐŚŽǁŶ ŝƐ ĨŽƌ ĐŽƵƌƐĞƐ ƵŶĚĞƌƚĂŬĞŶ ŽƵƚƐŝĚĞ ƚŚĞ njĞƌŽ ĨĞĞ ƐĐŚĞŵĞ͘ ŝƌĞĐƚ ĐŽƵƌƐĞ ĐŽƐƚƐ ƚŚĂƚ ĂƌĞ ĚŝƌĞĐƚůLJ ĂƩƌŝďƵƚĂďůĞ ƚŽ students for each course are also shown here. ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ ĐƚƵĂů

^ƚƵĚĞŶƚ ƚƵŝƟŽŶ ĂŶĚ ĐŽƵƌƐĞ ĨĞĞƐ

ƵĚŐĞƚ

'ƌŽƵƉ ĐƚƵĂů

ĐƚƵĂů

ĐƚƵĂů

ϮϬϭϳ

ϮϬϭϳ

ϮϬϭϲ

ϮϬϭϳ

ϮϬϭϲ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

12,321

12,675

9,712

12,321

9,712

ϯ ZĞǀĞŶƵĞ Ͳ KƚŚĞƌ ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ ĐƚƵĂů

ƵĚŐĞƚ

'ƌŽƵƉ ĐƚƵĂů

ĐƚƵĂů

ĐƚƵĂů

ϮϬϭϳ

ϮϬϭϳ

ϮϬϭϲ

ϮϬϭϳ

ϮϬϭϲ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

1,084

1,146

948

1,084

948

0

0

18

0

18

4,465

5,170

5,309

4,465

5,309

ŚŝůĚĐĂƌĞ &ĞĞƐ

309

300

290

309

290

Sundry Revenue

868

786

781

865

759

Interest Revenue

1,030

800

890

1,030

890

7,756

8,202

8,236

7,753

8,214

ĐĐŽŵŵŽĚĂƟŽŶ ŽŶƐƵůƟŶŐ ZĞǀĞŶƵĞ Course Material


81

FINANCIAL STATEMENTS

ANNUAL REPORT 2017

ϰ WĞƌƐŽŶŶĞů ŽƐƚƐ ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ

'ƌŽƵƉ

ĐƚƵĂů

ƵĚŐĞƚ

ĐƚƵĂů

ĐƚƵĂů

ĐƚƵĂů

ϮϬϭϳ

ϮϬϭϳ

ϮϬϭϲ

ϮϬϭϳ

ϮϬϭϲ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

21,834

21,144

20,643

21,834

20,643

ŵƉůŽLJĞƌ ŽŶƚƌŝďƵƟŽŶƐ ƚŽ ĚĞĮŶĞĚ ĐŽŶƚƌŝďƵƟŽŶ ƉůĂŶƐ

469

455

459

469

459

/ŶĐƌĞĂƐĞ ͬ ;ĚĞĐƌĞĂƐĞͿ ŝŶ ĞŵƉůŽLJĞĞ ĞŶƟƚůĞŵĞŶƚƐ

125

-

56

125

56

Salaries and Wages

Other dŽƚĂů WĞƌƐŽŶŶĞů ŽƐƚƐ

614

783

547

614

547

23,043

22,383

21,705

23,043

21,705

ϱ KƚŚĞƌ ŽƉĞƌĂƟŶŐ ĞdžƉĞŶƐĞƐ ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ

ƵĚŝƚ ĨĞĞƐ ĨŽƌ ƚŚĞ ĮŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚ ĂƵĚŝƚ Ͳ annual fee Leasing of equipment and services

'ƌŽƵƉ

ĐƚƵĂů

ƵĚŐĞƚ

ĐƚƵĂů

ĐƚƵĂů

ĐƚƵĂů

ϮϬϭϳ

ϮϬϭϳ

ϮϬϭϲ

ϮϬϭϳ

ϮϬϭϲ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

104

100

103

104

103

477

350

392

477

392

1,833

2,328

1,826

1,833

1,826

Consultancy

440

901

765

440

765

Repairs and Maintenance

443

439

443

443

443

-

-

-

-

-

87

50

53

87

53

0

1

1

0

1

ĚǀĞƌƟƐŝŶŐ ĂŶĚ ƉƵďůŝĐŝƚLJ

Inventories Consumed Bad Debts ŽŶĂƟŽŶƐ ĂŶĚ <ŽŚĂ KƚŚĞƌ KƉĞƌĂƟŶŐ džƉĞŶƐĞƐ

16,988

18,804

17,191

16,988

17,191

dŽƚĂů Ͳ ŽƚŚĞƌ ŽƉĞƌĂƟŶŐ ĞdžƉĞŶƐĞƐ

20,371

22,972

20,774

20,371

20,774


82

FINANCIAL STATEMENTS

ANNUAL REPORT 2017

ϲ ĂƐŚ ĂŶĚ ĐĂƐŚ ĞƋƵŝǀĂůĞŶƚƐ ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ

BNZ Cheque Account Westpac Cheque Account

'ƌŽƵƉ

ĐƚƵĂů

ƵĚŐĞƚ

ĐƚƵĂů

ĐƚƵĂů

ĐƚƵĂů

ϮϬϭϳ

ϮϬϭϳ

ϮϬϭϲ

ϮϬϭϳ

ϮϬϭϲ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

1,205

594

1,994

1,205

1,994

-

-

-

-

-

16

10

7

16

7

BNZ Call Account

460

300

457

460

457

ANZ Call Account

90

30

531

90

531

ASB Call Account

15

10

15

15

15

Cash in Hand Call accounts

Westpac Call Account

17

10

17

17

17

Rabobank Call Account

732

900

3,033

732

3,033

Kiwi Bank

-

1,200

-

-

0

ASB

-

1,000

-

-

0

Bank of New Zealand

-

700

-

-

0

Term Deposit accounts

ANZ Bank

-

1,000

-

-

0

Southland Building Society

-

2,000

-

-

0

Westpac

-

500

-

-

0

2,535

8,254

6,054

2,535

6,054

dŚĞ ĐĂƌƌLJŝŶŐ ǀĂůƵĞ ŽĨ ƐŚŽƌƚͲƚĞƌŵ ĚĞƉŽƐŝƚƐ ǁŝƚŚ ŵĂƚƵƌŝƚLJ ĚĂƚĞƐ ŽĨ ƚŚƌĞĞ ŵŽŶƚŚƐ Žƌ ůĞƐƐ ĂƉƉƌŽdžŝŵĂƚĞƐ ƚŚĞŝƌ ĨĂŝƌ ǀĂůƵĞ͘ ZĞĨĞƌ ƚŽ ŶŽƚĞ ϵ ĨŽƌ ǁĞŝŐŚƚĞĚ ĂǀĞƌĂŐĞ ĞīĞĐƟǀĞ ŝŶƚĞƌĞƐƚ ƌĂƚĞ ĨŽƌ ĐĂƐŚ ĂŶĚ ĐĂƐŚ ĞƋƵŝǀĂůĞŶƚƐ͘


83

FINANCIAL STATEMENTS

ANNUAL REPORT 2017

ϳ dƌĂĚĞ ĂŶĚ ŽƚŚĞƌ ƌĞĐĞŝǀĂďůĞƐ ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ

Trade Debtors

'ƌŽƵƉ

ĐƚƵĂů

ƵĚŐĞƚ

ĐƚƵĂů

ĐƚƵĂů

ĐƚƵĂů

ϮϬϭϳ

ϮϬϭϳ

ϮϬϭϲ

ϮϬϭϳ

ϮϬϭϲ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

2,005

650

912

2,006

915

793

750

1,315

793

1,315

2,798

1,400

2,227

2,799

2,227

1,568

682

1,568

682

WĂƐƚ ĚƵĞ ϭͲϯϬ ĚĂLJƐ

231

114

232

117

WĂƐƚ ĚƵĞ ϯϭͲϲϬ ĚĂLJƐ

124

70

124

70

WĂƐƚ ĚƵĞ ϲϭͲϵϬ ĚĂLJƐ

74

24

74

24

8

22

8

22

2,005

912

2,006

915

WƌĞƉĂLJŵĞŶƚƐ

Current

WĂƐƚ ĚƵĞ хϵϭ ĚĂLJƐ Total due

dŚĞ ĐĂƌƌLJŝŶŐ ǀĂůƵĞ ŽĨ ĚĞďƚŽƌƐ ĂŶĚ ŽƚŚĞƌ ƌĞĐĞŝǀĂďůĞƐ ĂƉƉƌŽdžŝŵĂƚĞƐ ƚŚĞŝƌ ĨĂŝƌ ǀĂůƵĞ͘ As of 31 December 2017 and 31 December 2016 all overdue receivables have been assessed for impairment and appropriately ǁƌŝƩĞŶ Žī͘ dŚĞƌĞ ŝƐ ŶŽ ƉƌŽǀŝƐŝŽŶ ĨŽƌ ŝŵƉĂŝƌŵĞŶƚ ŽŶ ƚŚĞ ƌĞŵĂŝŶŝŶŐ ĚĞďƚŽƌƐ͘ dŚĞ ƌŝŐŚƚ ƚŽ ƌĞĐŝĞǀĞ ĨƵŶĚŝŶŐ ŝŶĐůƵĚĞƐ ƚŚĞ ĂŵŽƵŶƚƐ ŝŶĐůƵĚĞĚ ŝŶ ƚŚĞ ĨƵŶĚŝŶŐ ůĞƩĞƌ ĨŽƌ ^ ͕ ͕ ƵŶĚĞƌ Ϯϱ͕ ĐŚŝůĚĐĂƌĞ͕ zŽƵƚŚ 'ƵĂƌĂŶƚĞĞ͕ ^d Z Θ ƋƵƚLJ͘ /ƚ ĂůƐŽ ŝŶĐůƵĚĞƐ ƚŚĞ ĂŵŽƵŶƚƐ ƌĞĐŝĞǀĂďůĞ ĨƌŽŵ ƉĂƌĞŶƚƐ ĨŽƌ ĐŚŝůĚĐĂƌĞ͘

ϴ /ŶǀĞŶƚŽƌŝĞƐ ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ ĐƚƵĂů

ƵĚŐĞƚ

'ƌŽƵƉ ĐƚƵĂů

ĐƚƵĂů

ĐƚƵĂů

ϮϬϭϳ

ϮϬϭϳ

ϮϬϭϲ

ϮϬϭϳ

ϮϬϭϲ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Inventory held for the use in the provision of goods and services

483

375

454

483

454

WƵďůŝĐĂƟŽŶƐ ŚĞůĚ ĨŽƌ ƐĂůĞ

140

125

187

140

187

/ŶĨŽƌŵĂƟŽŶ dĞĐŚŶŽůŽŐLJ /ŶǀĞŶƚŽƌLJ &Ƶůů ^ŝnjĞ tŽƌŬƐ Total

0

0

0

0

0

875

900

432

875

432

1,498

1,400

1,072

1,498

1,072

The carrying amount of inventories is measured at the lower of cost or net realisable value/current replacement cost. EŽ ŝŶǀĞŶƚŽƌŝĞƐ ĂƌĞ ƉůĞĚŐĞĚ ĂƐ ƐĞĐƵƌŝƟĞƐ ĨŽƌ ůŝĂďŝůŝƟĞƐ͘ ;ϮϬϭϲ͗ Ψ EŝůͿ


84

FINANCIAL STATEMENTS

ANNUAL REPORT 2017

ϵ KƚŚĞƌ &ŝŶĂŶĐŝĂů ƐƐĞƚƐ ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ

'ƌŽƵƉ

ĐƚƵĂů

ƵĚŐĞƚ

ĐƚƵĂů

ĐƚƵĂů

ĐƚƵĂů

ϮϬϭϳ

ϮϬϭϳ

ϮϬϭϲ

ϮϬϭϳ

ϮϬϭϲ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

E ĂŶŬŝŶŐ 'ƌŽƵƉ ;EĞǁ ĞĂůĂŶĚͿ >ŝŵŝƚĞĚ

5,590

3,353

5,563

5,590

5,563

ASB

3,500

2000

3,500

3,500

3,500

Bank of New Zealand

3,520

1,500

2,520

3,520

2,520

Kiwibank

5,000

3,000

5,000

5,000

5,000

-

1,000

2,000

-

2,000

8,000

1,000

1,526

8,000

1,526

ƵƌƌĞŶƚ WŽƌƟŽŶ

Loans and receivables ^ŚŽƌƚͲƚĞƌŵ ĚĞƉŽƐŝƚƐ ǁŝƚŚ ŵĂƚƵƌŝƟĞƐ ŐƌĞĂƚĞƌ than 3 but less than 12 months

Rabobank Southland Building Society Westpac

3,000

1,500

3,000

3,000

3,000

28,610

13,353

23,109

28,610

23,109

&ŽŽĚƐƚƵīƐ ;^ŽƵƚŚ /ƐůĂŶĚͿ >ŝŵŝƚĞĚ

4

4

4

4

4

WŽůLJƚĞĐŚŶŝĐƐ /ŶƚĞƌŶĂƟŽŶĂů EĞǁ ĞĂůĂŶĚ Limited

-

-

-

-

-

Varsity Travel Unit Trust

-

-

-

-

-

Total

4

4

4

4

4

1,314

4,053

1,314

4,053

-

-

-

-

Total EŽŶͲĐƵƌƌĞŶƚ ƉŽƌƟŽŶ &Ăŝƌ ǀĂůƵĞ ƚŚƌŽƵŐŚ ƉƌŽĮƚ ĂŶĚ ůŽƐƐ Ͳ ĂǀĂŝůĂďůĞ for sale

dŚĞƌĞ ǁĞƌĞ ŶŽ ŝŵƉĂŝƌŵĞŶƚ ƉƌŽǀŝƐŝŽŶƐ ĨŽƌ ŽƚŚĞƌ ĮŶĂŶĐŝĂů ĂƐƐĞƚƐ͘ DĂƚƵƌŝƚLJ ĂŶĂůLJƐŝƐ ĂŶĚ ĞīĞĐƟǀĞ ŝŶƚĞƌĞƐƚ ƌĂƚĞƐ dŚĞ ŵĂƚƵƌŝƚLJ ĚĂƚĞƐ ĨŽƌ Ăůů ŽƚŚĞƌ ĮŶĂŶĐŝĂů ĂƐƐĞƚƐ ĂƌĞ ĂƐ ĨŽůůŽǁƐ͗ Call accounts maturing in three months or less Average Maturity Days: tĞŝŐŚƚĞĚ ǀĞƌĂŐĞ ĞīĞĐƟǀĞ ŝŶƚĞƌĞƐƚ ƌĂƚĞ͗

0.79%

1.21%

0.79%

1.21%

^ŚŽƌƚͲƚĞƌŵ ĚĞƉŽƐŝƚƐ ǁŝƚŚ ŵĂƚƵƌŝƟĞƐ ŽĨ ϭ Ͳ ϭϮ months

28,610

23,109

28,610

23,109

Average Maturity Days: tĞŝŐŚƚĞĚ ǀĞƌĂŐĞ ĞīĞĐƟǀĞ ŝŶƚĞƌĞƐƚ ƌĂƚĞ͗

194

153

194

153

3.56%

3.38%

3.56%

3.38%


658

tŽƌŬƐ ŝŶ WƌŽŐƌĞƐƐ

ĚĞƉƌĞĐŝĂƟŽŶ

ĐŚĂƌŐĞƐ

ǀĂůƵĂƟŽŶ

ϭͬϬϭͬϮϬϭϳ

;ϭϱ͕ϱϮϮͿ

84,865

-

979

103

611

2,884

2,775

63

77,450

ΨϬϬϬ͛Ɛ

ϭͬϬϭͬϮϬϭϳ

ĂŵŽƵŶƚ

7,149

-

;ϲϳϴͿ

61

122

1,162

1,862

-

4,620

ΨϬϬϬ͛Ɛ

ƚƌĂŶƐĨĞƌƐ

ĂĚĚŝƟŽŶƐͬ

;ϭ͕ϬϴϯͿ

-

-

;ϭϲͿ

-

;ϮϱϯͿ

;ϯϮϬͿ

-

;ϰϵϰͿ

ΨϬϬϬΖƐ

ĚŝƐƉŽƐĂůƐ

ƵƌƌĞŶƚ LJĞĂƌ

;ϭϳϵͿ

-

-

;ϮϭͿ

-

;ϭϯϲͿ

;ϮϮͿ

-

-

ΨϬϬϬΖƐ

ĚŝƐƉŽƐĂůƐ

ƵƌƌĞŶƚ LJĞĂƌ

;ϰͿ

-

-

-

;ϰͿ

-

-

-

-

ΨϬϬϬΖƐ

ĐŚĂƌŐĞƐ

ŝŵƉĂŝƌŵĞŶƚ

589

-

-

16

-

253

320

-

-

ΨϬϬϬΖƐ

ĚŝƐƉŽƐĞĚ ĂƐƐĞƚƐ

ĂƐƐŽĐŝĂƚĞĚ ǁŝƚŚ

ĚĞƉƌĞĐŝĂƟŽŶ

;ϰͿ

-

-

-

;ϰͿ

-

-

-

-

ΨϬϬϬΖƐ

ĐŚĂƌŐĞƐ

ŝŵƉĂŝƌŵĞŶƚ

ĐĐƵŵƵůĂƚĞĚ ƵƌƌĞŶƚ LJĞĂƌ

167

-

-

13

-

132

22

-

-

ΨϬϬϬΖƐ

ĚŝƐƉŽƐĞĚ ĂƐƐĞƚƐ

ĂƐƐŽĐŝĂƚĞĚ ǁŝƚŚ

ĚĞƉƌĞĐŝĂƟŽŶ

ĐĐƵŵƵůĂƚĞĚ ƵƌƌĞŶƚ LJĞĂƌ

ƵƌƌĞŶƚ LJĞĂƌ

;ϰ͕ϵϯϮͿ

-

-

;ϰϳͿ

;ϭϯϭͿ

;ϴϱϴͿ

;ϭ͕ϮϳϭͿ

;ϰϳͿ

;Ϯ͕ϱϳϴͿ

ΨϬϬϬΖƐ

ĚĞƉƌĞĐŝĂƟŽŶ

ƵƌƌĞŶƚ LJĞĂƌ

;ϰ͕ϴϲϳͿ

-

-

;ϯϵͿ

;ϭϰϮͿ

;ϴϯϯͿ

;ϭ͕ϮϵϴͿ

;ϰϳͿ

;Ϯ͕ϱϬϴͿ

ΨϬϬϬ͛Ɛ

ĚĞƉƌĞĐŝĂƟŽŶ

-

-

-

-

-

-

-

-

-

ΨϬϬϬΖƐ

ƐƵƌƉůƵƐ

ZĞǀĂůƵĂƟŽŶ

7,556

-

-

-

-

-

-

-

7,556

ΨϬϬϬΖƐ

ƐƵƌƉůƵƐ

ZĞǀĂůƵĂƟŽŶ

ŽƐƚͬ ĚĞƉƌĞĐŝĂƟŽŶ

ĐĐƵŵƵůĂƚĞĚ

ĚĞƉƌĞĐŝĂƟŽŶ

ĐĐƵŵƵůĂƚĞĚ

;ϭϱ͕ϱϮϮͿ

-

-

;ϱϳϲͿ

;ϱϰϮͿ

;ϴ͕ϯϳϲͿ

;ϱ͕ϬϱϲͿ

;ϯϯϯͿ

;ϲϯϵͿ

ΨϬϬϬ͛Ɛ

106,452

-

301

724

1,275

12,169

9,372

396

82,215

ΨϬϬϬ͛Ɛ

;ϭϵ͕ϴϲϵͿ

-

-

;ϲϬϳͿ

;ϲϳϳͿ

;ϴ͕ϵϴϭͿ

;ϲ͕ϬϬϳͿ

;ϯϴϬͿ

;ϯ͕ϮϭϳͿ

ΨϬϬϬ͛Ɛ

ϯϭͬϭϮͬϮϬϭϳ

ĐŚĂƌŐĞƐ

ϯϭͬϭϮͬϮϬϭϳ ĂŶĚ ŝŵƉĂŝƌŵĞŶƚ

ƌĞǀĂůƵĂƟŽŶ

ŽƐƚͬ

100,386

-

979

679

1,153

11,260

7,830

396

78,089

ΨϬϬϬ͛Ɛ

ϯϭͬϭϮͬϮϬϭϲ

ĐŚĂƌŐĞƐ

ϯϭͬϭϮͬϮϬϭϲ ĂŶĚ ŝŵƉĂŝƌŵĞŶƚ

ƌĞǀĂůƵĂƟŽŶ

dŚĞƌĞ ĂƌĞ ŶŽ ƌĞƐƚƌŝĐƟŽŶƐ ŽǀĞƌ ƚŚĞ ƟƚůĞ ŽĨ ƚŚĞ /ŶƐƟƚƵƚĞ͛Ɛ ƉƌŽƉĞƌƚLJ͕ ƉůĂŶƚ ĂŶĚ ĞƋƵŝƉŵĞŶƚ ŶŽƌ ĂƌĞ ƚŚĞƌĞ ĂŶLJ ƉƌŽƉĞƌƚLJ͕ ƉůĂŶƚ ĂŶĚ ĞƋƵŝƉŵĞŶƚ ƉůĞĚŐĞĚ ĂƐ ƐĞĐƵƌŝƚLJ ĨŽƌ ůŝĂďŝůŝƟĞƐ͘ Assets held for Sale comprise single storey house type units, previously used as classrooms, but which have become surplus to requirments. These are held at the lower of cost and net realisable value.

100,386

-

-

;ϱϳϲͿ

;ϱϰϮͿ

;ϴ͕ϯϳϲͿ

;ϱ͕ϬϱϲͿ

;ϯϯϯͿ

;ϲϯϵͿ

ΨϬϬϬ͛Ɛ

3,474

-

321

40

154

746

1,780

-

433

ΨϬϬϬ͛Ɛ

ƚƌĂŶƐĨĞƌƐ

ĂĚĚŝƟŽŶƐͬ

ĂƌƌLJŝŶŐ ƵƌƌĞŶƚ LJĞĂƌ

78,718

-

658

110

603

2,975

2,293

110

71,969

ΨϬϬϬ͛Ɛ

ϭͬϬϭͬϮϬϭϲ

ĂŵŽƵŶƚ

ĂƌƌLJŝŶŐ ƵƌƌĞŶƚ LJĞĂƌ

ΨϬϬϬ͛Ɛ

ϯϭͬϭϮͬϮϬϭϳ

ĂŵŽƵŶƚ

ĂƌƌLJŝŶŐ

84,865

-

979

103

611

2,884

2,775

63

77,450

ΨϬϬϬ͛Ɛ

ϯϭͬϭϮͬϮϬϭϲ

ĂŵŽƵŶƚ

ĂƌƌLJŝŶŐ

86,583

-

301

117

599

3,188

3,364

16

78,998

FINANCIAL STATEMENTS

dŽƚĂů ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ Technology

-

979

tŽƌŬƐ ŝŶ WƌŽŐƌĞƐƐ

Assets held for Sale

679

1,153

Vehicles

Library Books

11,260

7,830

Computers

&ƵƌŶŝƚƵƌĞ ĂŶĚ ƋƵŝƉŵĞŶƚ

396

78,089

ΨϬϬϬ͛Ɛ

ĐĐƵŵƵůĂƚĞĚ

ŽƐƚͬ

ϭͬϬϭͬϮϬϭϳ

;ϭϳ͕ϲϮϴͿ

-

-

;ϱϱϬͿ

;ϯϵϲͿ

;ϳ͕ϲϳϱͿ

;ϯ͕ϵϲϯͿ

;ϮϴϲͿ

;ϰ͕ϳϱϴͿ

ΨϬϬϬ͛Ɛ

96,346

Leasehold

Land and Buildings

^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ

dŽƚĂů ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ

-

660

Vehicles

Assets held for Sale

999

Library Books

10,650

6,256

Computers

&ƵƌŶŝƚƵƌĞ ĂŶĚ ƋƵŝƉŵĞŶƚ

396

76,727

Leasehold

Land and Buildings

^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ

ĐŚĂƌŐĞƐ

ϭͬϬϭͬϮϬϭϲ

ΨϬϬϬ͛Ɛ

ĚĞƉƌĞĐŝĂƟŽŶ

ϭͬϬϭͬϮϬϭϲ

ĐĐƵŵƵůĂƚĞĚ

ŽƐƚͬ

ǀĂůƵĂƟŽŶ

ϭϬ WƌŽƉĞƌƚLJ͕ WůĂŶƚ ĂŶĚ ƋƵŝƉŵĞŶƚ DŽǀĞŵĞŶƚƐ ĨŽƌ ĞĂĐŚ ĐůĂƐƐ ŽĨ ƉƌŽƉĞƌƚLJ͕ ƉůĂŶƚ͕ ĂŶĚ ĞƋƵŝƉŵĞŶƚ ĨŽƌ ƚŚĞ ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ ĂƌĞ ĂƐ ĨŽůůŽǁƐ͗ ANNUAL REPORT 2017

85


658

tŽƌŬƐ ŝŶ WƌŽŐƌĞƐƐ

ĂŵŽƵŶƚ

-

;ϭϱ͕ϱϮϮͿ

84,865

-

979

103

611

2,884

2,775

63

77,450

ΨϬϬϬ͛Ɛ

7,149

-

;ϲϳϴͿ

61

122

1,162

1,862

-

4,620

ΨϬϬϬ͛Ɛ

;ϭ͕ϬϴϯͿ

-

-

;ϭϲͿ

-

;ϮϱϯͿ

589

-

-

16

-

253

320

-

-

ΨϬϬϬΖƐ

ĚŝƐƉŽƐĞĚ ĂƐƐĞƚƐ

ĂƐƐŽĐŝĂƚĞĚ ǁŝƚŚ

ĚĞƉƌĞĐŝĂƟŽŶ

ĐĐƵŵƵůĂƚĞĚ

167

-

-

13

-

132

22

-

-

ΨϬϬϬΖƐ

;ϯϮϬͿ

;ϰϵϰͿ

ΨϬϬϬΖƐ

ĚŝƐƉŽƐĂůƐ

ƵƌƌĞŶƚ LJĞĂƌ

;ϭϳϵͿ

-

-

;ϮϭͿ

-

;ϭϯϲͿ

;ϮϮͿ

-

-

ΨϬϬϬΖƐ

ĚŝƐƉŽƐĞĚ ĂƐƐĞƚƐ

ĂƐƐŽĐŝĂƚĞĚ ǁŝƚŚ

ĚĞƉƌĞĐŝĂƟŽŶ

ĐĐƵŵƵůĂƚĞĚ

;ϰͿ

-

-

-

;ϰͿ

-

-

-

-

ΨϬϬϬΖƐ

ĐŚĂƌŐĞƐ

ŝŵƉĂŝƌŵĞŶƚ

ƵƌƌĞŶƚ LJĞĂƌ

;ϰͿ

-

-

-

;ϰͿ

-

-

-

-

ΨϬϬϬΖƐ

ĐŚĂƌŐĞƐ

ŝŵƉĂŝƌŵĞŶƚ

ƵƌƌĞŶƚ LJĞĂƌ

7,556

-

-

-

-

-

-

-

7,556

ΨϬϬϬ͛Ɛ

ƐƵƌƉůƵƐ

;ϰ͕ϵϯϮͿ

-

-

;ϰϳͿ

;ϭϯϭͿ

;ϴϱϴͿ

;ϭ͕ϮϳϭͿ

;ϰϳͿ

;Ϯ͕ϱϳϴͿ

ΨϬϬϬΖƐ

ĚĞƉƌĞĐŝĂƟŽŶ

-

-

-

-

-

-

-

-

-

ΨϬϬϬ͛Ɛ

ƐƵƌƉůƵƐ

ƵƌƌĞŶƚ LJĞĂƌ ZĞǀĂůƵĂƟŽŶ

;ϰ͕ϴϲϳͿ

-

-

;ϯϵͿ

;ϭϰϮͿ

;ϴϯϯͿ

;ϭ͕ϮϵϴͿ

;ϰϳͿ

;Ϯ͕ϱϬϴͿ

ΨϬϬϬΖƐ

ĚĞƉƌĞĐŝĂƟŽŶ

ƵƌƌĞŶƚ LJĞĂƌ ZĞǀĂůƵĂƟŽŶ

106,452

-

301

724

1,275

12,169

9,372

396

82,215

ΨϬϬϬ͛Ɛ

ϯϭͬϭϮͬϮϬϭϳ

ƌĞǀĂůƵĂƟŽŶ

ŽƐƚͬ

100,386

-

979

679

1,153

11,260

7,830

396

78,089

ΨϬϬϬ͛Ɛ

ϯϭͬϭϮͬϮϬϭϲ

ƌĞǀĂůƵĂƟŽŶ

ŽƐƚͬ

;ϭϵ͕ϴϲϵͿ

-

-

;ϲϬϳͿ

;ϲϳϳͿ

;ϴ͕ϵϴϭͿ

;ϲ͕ϬϬϳͿ

;ϯϴϬͿ

;ϯ͕ϮϭϳͿ

ΨϬϬϬ͛Ɛ

ϯϭͬϭϮͬϮϬϭϳ

ĐŚĂƌŐĞƐ

ĂŶĚ ŝŵƉĂŝƌŵĞŶƚ

ĚĞƉƌĞĐŝĂƟŽŶ

ĐĐƵŵƵůĂƚĞĚ

;ϭϱ͕ϱϮϮͿ

-

-

;ϱϳϲͿ

;ϱϰϮͿ

;ϴ͕ϯϳϲͿ

;ϱ͕ϬϱϲͿ

;ϯϯϯͿ

;ϲϯϵͿ

ΨϬϬϬ͛Ɛ

ϯϭͬϭϮͬϮϬϭϲ

ĐŚĂƌŐĞƐ

ĂŶĚ ŝŵƉĂŝƌŵĞŶƚ

ĚĞƉƌĞĐŝĂƟŽŶ

ĐĐƵŵƵůĂƚĞĚ

dŚĞƌĞ ĂƌĞ ŶŽ ƌĞƐƚƌŝĐƟŽŶƐ ŽǀĞƌ ƚŚĞ ƟƚůĞ ŽĨ ƚŚĞ 'ƌŽƵƉ͛Ɛ ƉƌŽƉĞƌƚLJ͕ ƉůĂŶƚ ĂŶĚ ĞƋƵŝƉŵĞŶƚ ŶŽƌ ĂƌĞ ƚŚĞƌĞ ĂŶLJ ƉƌŽƉĞƌƚLJ͕ ƉůĂŶƚ ĂŶĚ ĞƋƵŝƉŵĞŶƚ ƉůĞĚŐĞĚ ĂƐ ƐĞĐƵƌŝƚLJ ĨŽƌ ůŝĂďŝůŝƟĞƐ͘ Assets held for Sale comprise single storey house type units, previously used as classrooms, but which have become surplus to requirments. These are held at the lower of cost and net realisable value.

100,386

-

;ϱϳϲͿ

;ϱϰϮͿ

;ϴ͕ϯϳϲͿ

;ϱ͕ϬϱϲͿ

;ϯϯϯͿ

;ϲϯϵͿ

ΨϬϬϬ͛Ɛ

ƚƌĂŶƐĨĞƌƐ

ĂĚĚŝƟŽŶƐͬ

ƵƌƌĞŶƚ LJĞĂƌ

3,474

-

321

40

154

746

1,780

-

433

ΨϬϬϬ͛Ɛ

ĚŝƐƉŽƐĂůƐ

ƵƌƌĞŶƚ LJĞĂƌ

86,583

-

301

117

599

3,188

3,364

16

78,998

ΨϬϬϬ͛Ɛ

ϯϭͬϭϮͬϮϬϭϳ

ĂŵŽƵŶƚ

ĂƌƌLJŝŶŐ

84,865

-

979

103

611

2,884

2,775

63

77,450

ΨϬϬϬ͛Ɛ

ϯϭͬϭϮͬϮϬϭϲ

ĂŵŽƵŶƚ

ĂƌƌLJŝŶŐ

ANNUAL REPORT 2017

dŽƚĂů ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ

-

979

tŽƌŬƐ ŝŶ WƌŽŐƌĞƐƐ

Assets held for Sale

679

1,153

11,260

Vehicles

Library Books

&ƵƌŶŝƚƵƌĞ ĂŶĚ ƋƵŝƉŵĞŶƚ

396

7,830

Computers

78,089

ΨϬϬϬ͛Ɛ

ϭͬϬϭͬϮϬϭϳ

ĐŚĂƌŐĞƐ ϭͬϬϭͬϮϬϭϳ

ĚĞƉƌĞĐŝĂƟŽŶ

ϭͬϬϭͬϮϬϭϳ

ǀĂůƵĂƟŽŶ

ĂƌƌLJŝŶŐ

ĐĐƵŵƵůĂƚĞĚ

ŽƐƚͬ

78,718

-

658

110

603

2,975

2,293

;ϭϳ͕ϲϮϴͿ

-

-

;ϱϱϬͿ

;ϯϵϲͿ

;ϳ͕ϲϳϱͿ

;ϯ͕ϵϲϯͿ

110

71,969

ΨϬϬϬ͛Ɛ

96,346

Leasehold

Land and Buildings

'ƌŽƵƉ

dŽƚĂů ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ

-

660

Vehicles

Assets held for Sale

999

Library Books

10,650

6,256

Computers

;ϮϴϲͿ

;ϰ͕ϳϱϴͿ

ΨϬϬϬ͛Ɛ

ϭͬϬϭͬϮϬϭϲ

ƚƌĂŶƐĨĞƌƐ

ĂĚĚŝƟŽŶƐͬ

ƵƌƌĞŶƚ LJĞĂƌ

FINANCIAL STATEMENTS

&ƵƌŶŝƚƵƌĞ ĂŶĚ ƋƵŝƉŵĞŶƚ

396

76,727

Leasehold

Land and Buildings

'ƌŽƵƉ

ΨϬϬϬ͛Ɛ

ĂŵŽƵŶƚ

ĂƌƌLJŝŶŐ

ĐŚĂƌŐĞƐ ϭͬϬϭͬϮϬϭϲ

ĚĞƉƌĞĐŝĂƟŽŶ

ǀĂůƵĂƟŽŶ

ϭͬϬϭͬϮϬϭϲ

ĐĐƵŵƵůĂƚĞĚ

ŽƐƚͬ

ϭϬ WƌŽƉĞƌƚLJ͕ WůĂŶƚ ĂŶĚ ƋƵŝƉŵĞŶƚ ;ĐŽŶƟŶƵĞĚͿ Movements for each class of property, plant, and equipment for the Group are as follows: 86


FINANCIAL STATEMENTS

ANNUAL REPORT 2017 ϭϬ WƌŽƉĞƌƚLJ͕ WůĂŶƚ͕ ĂŶĚ ƋƵŝƉŵĞŶƚ tŽƌŬ ŝŶ WƌŽŐƌĞƐƐ ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ

'ƌŽƵƉ

ŽĨ dĞĐŚŶŽůŽŐLJ

Buildings

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

121

121

Computers

26

26

&ƵƌŶŝƚƵƌĞ ĂŶĚ ƋƵŝƉŵĞŶƚƐ

84

84

Intangible

69

69

0

0

Vehicles

301 tŽƌŬ ŝŶ ƉƌŽŐƌĞƐƐ ŚĂƐ ďĞĞŶ ƵƉĚĂƚĞĚ ƚŽ ďĞ ĚŝƐĐůŽƐĞĚ ŽŶ Ă ĐůĂƐƐͲŽĨͲĂƐƐĞƚƐ ďĂƐŝƐ ĂƐ ƌĞƋƵŝƌĞĚ ďLJ W /W^ ^ ϭϳ͘ϴϵ͘

301

ϭϭ /ŶƚĂŶŐŝďůĞ ƐƐĞƚƐ

ŽƐƚ

^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ

'ƌŽƵƉ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Balance at 1 January 2016

3,091

3,091

ĚĚŝƟŽŶƐ

1,461

1,461

Transfers

-

-

Disposals

-

-

Balance at 31 December 2016

4,552

4,552

Balance at 1 January 2017

4,552

4,552

ĚĚŝƟŽŶƐ

568

568

Transfers

-

-

Disposals

713

713

Balance at 31 December 2017

4,407

4,407

ĐĐƵŵƵůĂƚĞĚ ŵŽƌƟƐĂƟŽŶ

ΨΖϬϬϬ

ΨΖϬϬϬ

Balance at 1 January 2016

1,993

1,993

651

651

-

-

ŵŽƌƟƐĂƟŽŶ džƉĞŶƐĞ Transfers Disposals

-

-

Balance at 31 December 2016

2,644

2,644

Balance at 1 January 2017

2,644

2,644

239

239

-

-

ŵŽƌƟƐĂƟŽŶ džƉĞŶƐĞ Transfers Disposals

-

-

Balance at 31 December 2017

2,883

2,883

ĂƌƌLJŝŶŐ ŵŽƵŶƚƐ

ΨΖϬϬϬ

ΨΖϬϬϬ

At 1 January 2016

1,098

1,098

At 31/12/2016 and 1/1/2017

1,908

1,908

At 31 December 2017

1,524

1,524

dŚĞƌĞ ĂƌĞ ŶŽ ƌĞƐƚƌŝĐƟŽŶƐ ŽǀĞƌ ƚŚĞ ƟƚůĞ ŽĨ ƚŚĞ /ŶƐƟƚƵƚĞ͛Ɛ ŝŶƚĂŶŐŝďůĞ ĂƐƐĞƚƐ ŶŽƌ ĂƌĞ ĂŶLJ ŝŶƚĂŶŐŝďůĞ ĂƐƐĞƚƐ ƉůĞĚŐĞĚ ĂƐ ƐĞĐƵƌŝƚLJ ĨŽƌ ůŝĂďŝůŝƟĞƐ͘

87


88

FINANCIAL STATEMENTS

ANNUAL REPORT 2017

ϭϮ dƌĂĚĞ ĂŶĚ ŽƚŚĞƌ ƉĂLJĂďůĞƐ ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ

dƌĂĚĞ WĂLJĂďůĞƐ Halls of Residence Bonds

'ƌŽƵƉ

ĐƚƵĂů

ƵĚŐĞƚ

ĐƚƵĂů

ĐƚƵĂů

ĐƚƵĂů

ϮϬϭϳ

ϮϬϭϳ

ϮϬϭϲ

ϮϬϭϳ

ϮϬϭϲ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

867

2,000

400

867

400

38

40

32

38

32

Revenue in advance - Student fees in advance

1,263

2,750

2,575

1,263

2,575

Ͳ KǀĞƌƐĞĂƐ ^ƚƵĚĞŶƚƐͲEĞŐĂƟǀĞ ĞďƚŽƌƐ

4,514

2,250

3,435

4,514

3,435

613

400

483

613

483

1,198

-

1,339

1,198

1,339

97

-

16

97

16

109

210

218

109

218

8,700

7,650

8,498

8,700

8,498

- Other fees in advance ĐĐƌƵĞĚ ĞdžƉĞŶƐĞƐ ŽŶƚƌĂĐƚ ZĞƚĞŶƟŽŶƐ GST payable

dƌĂĚĞ WĂLJĂďůĞƐ ĂŶĚ ƐŽŵĞ ĂĐĐƌƵĞĚ ĞdžƉĞŶƐĞƐ ĂƌĞ ŶŽŶ ŝŶƚĞƌĞƐƚ ďĞĂƌŝŶŐ ĂŶĚ ŶŽƌŵĂůůLJ ƐĞƩůĞĚ ŽŶ ϮϬ ĚĂLJ ƚĞƌŵƐ ĂŶĚ ƚŚĞ ĂďŽǀĞ ĂŵŽƵŶƚƐ ĂƉƉƌŽdžŝŵĂƚĞ ƚŚĞŝƌ ĨĂŝƌ ǀĂůƵĞ͘

dŽƚĂů WĂLJĂďůĞƐ ƵŶĚĞƌ ĞdžĐŚĂŶŐĞ dŽƚĂů WĂLJĂďůĞƐ ƵŶĚĞƌ ŶŽŶ ĞdžĐŚĂŶŐĞ

ĐƚƵĂů

ĐƚƵĂů

ĐƚƵĂů

ĐƚƵĂů

ϮϬϭϳ

ϮϬϭϲ

ϮϬϭϳ

ϮϬϭϲ

ΨΖϬϬϬ

ΨΖϬϬϬ

ΨΖϬϬϬ

ΨΖϬϬϬ

6,029

6,009

6,029

6,009

2,671

2,489

2,671

2,489

8,700

8,498

8,700

8,498

ϭϯ ŵƉůŽLJĞĞ ŶƟƚůĞŵĞŶƚƐ ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ ĐƚƵĂů

WĂLJƌŽůů ĐĐƌƵĞĚ Annual Leave Sick Leave Long Service Leave

ƵĚŐĞƚ

'ƌŽƵƉ ĐƚƵĂů

ĐƚƵĂů

ĐƚƵĂů

ϮϬϭϳ

ϮϬϭϳ

ϮϬϭϲ

ϮϬϭϳ

ϮϬϭϲ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

253

500

240

253

240

1,360

1,350

1,340

1,360

1,340

87

50

32

87

32

200

207

150

200

150

1,899

2,107

1,762

1,899

1,762

1,699

1,900

1,612

1,699

1,612

Represented by: ƵƌƌĞŶƚ WŽƌƟŽŶ EŽŶͲ ƵƌƌĞŶƚ WŽƌƟŽŶ dŽƚĂů ŵƉůŽLJĞĞ ŶƟƚůĞŵĞŶƚƐ

200

207

150

200

150

1,899

2,107

1,762

1,899

1,762

dŚĞ ƉƌĞƐĞŶƚ ǀĂůƵĞ ŽĨ ƚŚĞ ůŽŶŐ ƐĞƌǀŝĐĞ ŽďůŝŐĂƟŽŶ ĚĞƉĞŶĚƐ ŽŶ Ă ŶƵŵďĞƌ ŽĨ ĨĂĐƚŽƌƐ ƚŚĂƚ ĂƌĞ ĚĞƚĞƌŵŝŶĞĚ ŽŶ ĂŶ ĂĐƚƵĂƌŝĂů ďĂƐŝƐ ƵƐŝŶŐ Ă ŶƵŵďĞƌ ŽĨ ĂƐƐƵŵƉƟŽŶƐ͘ dǁŽ ŬĞLJ ĂƐƐƵŵƉƟŽŶƐ ŝŶ ĐĂůĐƵůĂƟŶŐ ƚŚŝƐ ůŝĂďŝůŝƚLJ ŝŶĐůƵĚĞ ƚŚĞ ĚŝƐĐŽƵŶƚ ƌĂƚĞ ĂŶĚ ƚŚĞ ƐĂůĂƌLJ ŝŶŇĂƟŽŶ ĨĂĐƚŽƌ͘ ŵŽǀĞŵĞŶƚ ŽĨ нͬͲ ϭй ŽŶ ĞŝƚŚĞƌ ŽĨ ƚŚĞƐĞ ĨĂĐƚŽƌƐ ƉƌŽĚƵĐĞƐ Ă ŶŽŶ ŵĂƚĞƌŝĂů ŝŵƉĂĐƚ ŽŶ ƚŚĞ ƉƌĞƐĞŶƚ ǀĂůƵĞ ŽĨ ůŽŶŐ ƐĞƌǀŝĐĞ ŽďůŝŐĂƟŽŶƐ͘


89

FINANCIAL STATEMENTS

ANNUAL REPORT 2017

ϭϰ ƋƵŝƚLJ ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ

ZĞƚĂŝŶĞĚ ĂƌŶŝŶŐƐ As at 1 January Net surplus ĂƉŝƚĂů ŽŶƚƌŝďƵƟŽŶ

'ƌŽƵƉ

ĐƚƵĂů

ƵĚŐĞƚ

ĐƚƵĂů

ĐƚƵĂů

ĐƚƵĂů

ϮϬϭϳ

ϮϬϭϳ

ϮϬϭϲ

ϮϬϭϳ

ϮϬϭϲ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

86,009

85,019

83,415

86,012

83,440

4,026

976

2,598

4,023

2,576

-

-

-

-

-

;ϮͿ

-

;ϰͿ

;ϮͿ

;ϰͿ

-

-

-

-

-

90,033

85,995

86,009

90,034

86,012

23,363

23,331

15,807

23,363

15,807

-

-

7,556

-

7,556

23,363

23,331

23,363

23,363

23,363

113,396

109,326

109,372

113,397

109,375

ĐƚƵĂů

ƵĚŐĞƚ

ĐƚƵĂů

ĐƚƵĂů

ĐƚƵĂů

ϮϬϭϳ

ϮϬϭϳ

ϮϬϭϲ

ϮϬϭϳ

ϮϬϭϲ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

1

1

1

1

1

WƌŽŐƌĂŵŵĞ &ƵŶĚƐ

31

31

32

31

32

ůĞĂƌǁĂƚĞƌ ƐƚĂƚĞ dƌƵƐƚ

91

86

89

91

89

tĂƌƌĞŶ &ŽƌďĞƐ ǁĂƌĚ

4

4

4

4

4

WĂƚƌŝĐŝĂ K͛ ŽŶŶŽƌ ǁĂƌĚ

4

4

4

4

4

Transfers to trusts and bequests reserve Transfers from trusts and bequests reserve Ɛ Ăƚ ϯϭ ĞĐĞŵďĞƌ

WƌŽƉĞƌƚLJ ZĞǀĂůƵĂƟŽŶ ZĞƐĞƌǀĞ As at 1 January WƌŽƉĞƌƚLJ ƌĞǀĂůƵĂƟŽŶ ŐĂŝŶƐ Ɛ Ăƚ ϯϭ ĞĐĞŵďĞƌ dŽƚĂů ƋƵŝƚLJ

ZĞƐƚƌŝĐƚĞĚ ƌĞƐĞƌǀĞƐ ĐŽŶƐŝƐƚ ŽĨ͗ tŚĂƌĞ ǁŚŝŶĂ &ƵŶĚ

&ůĞƚĐŚĞƌ ŚĂůůĞŶŐĞ ǁĂƌĚ

6

7

7

6

7

137

133

137

137

137

ZĞƐƚƌŝĐƚĞĚ ZĞƐĞƌǀĞƐ ĂƌĞ ŚĞůĚ ŝŶ ƚƌƵƐƚ ĨŽƌ ƐƚƵĚĞŶƚ ĂĐƟǀŝƟĞƐ ĂŶĚ ĂǁĂƌĚƐ ĂŶĚ ĂƌĞ ŝŶĐůƵĚĞĚ ŝŶ ƚŚĞ ďĂůĂŶĐĞ ŽĨ ƌĞƚĂŝŶĞĚ ĞĂƌŶŝŶŐƐ͘


90

FINANCIAL STATEMENTS

ANNUAL REPORT 2017

ϭϱ ŽƵŶĐŝůůŽƌƐ͛ &ĞĞƐ Actual

Budget

Actual

2017

2017

2016

$’000

$’000

$’000

Addie, D

15

14

ƌŽǁŶ͕ ^ ;ƌĞƐŝŐŶĞĚ ϬϭͬϬϱͬϮϬϭϳͿ

10

29

Donald, M

15

14

Grant, J

15

14

,ĞĞŶĂŶ͕ W

26

19

:ĂĐŬƐŽŶ͕ W

15

14

Kaio, AR

15

8

^ŬĞƌƌĞƩ͕ D Ward, T ŽƉĞůĂŶĚ͕ : ;ƐƚĂƌƚĞĚ ϮϴͬϬϴͬϮϬϭϳͿ dŽƚĂů ŽƵŶĐŝůůŽƌƐ͛ &ĞĞƐ

-

4

18

14

3

-

132

100

130

ϭϲ ZĞůĂƚĞĚ ƉĂƌƩLJ ƚƌĂŶƐĂĐƟŽŶƐ ĂŶĚ ŬĞLJ ŵĂŶĂŐĞŵĞŶƚ ƉĞƌƐŽŶŶĞů dŚĞ /ŶƐƟƚƵƚĞ ŝƐ Ă ǁŚŽůůLJ ŽǁŶĞĚ ĞŶƟƚLJ ŽĨ ƚŚĞ ƌŽǁŶ͘ dŚĞ 'ŽǀĞƌŶŵĞŶƚ ŝŶŇƵĞŶĐĞƐ ƚŚĞ ƌŽůĞƐ ŽĨ ƚŚĞ /ŶƐƟƚƵƚĞ ĂƐ ǁĞůů ĂƐ ďĞŝŶŐ ŝƚƐ ŵĂũŽƌ source of revenue. ƵƌŝŶŐ ƚŚĞ LJĞĂƌ ƚŚĞ /ŶƐƟƚƵƚĞ ƉƵƌĐŚĂƐĞĚ ƚŚĞ ĨŽůůŽǁŝŶŐ ŝƚĞŵƐ ĨƌŽŵ ĮƌŵƐ ŝŶ ǁŚŝĐŚ ŽƵŶĐŝů ŵĞŵďĞƌƐ ĂƌĞ ĂƐƐŽĐŝĂƚĞĚ ǁŝƚŚ͘ dŚĞ ĨŽůůŽǁŝŶŐ ƚƌĂŶƐĂĐƟŽŶƐ ǁĞƌĞ ĐĂƌƌŝĞĚ ŽƵƚ ĂŶĚ ďĂůĂŶĐĞƐ ǁĞƌĞ ŽƵƚƐƚĂŶĚŝŶŐ ǁŝƚŚ ƌĞůĂƚĞĚ ƉĂƌƟĞƐ͗ ĐƚƵĂů

ĐƚƵĂů

ϮϬϭϳ

ϮϬϭϲ

$’000

$’000

tĂŝŚŽƉĂŝ ZƵŶĂŬĂ Ͳ D ^ŬĞƌƌĞƩ ;<ĂƵŵĈƚƵĂͿ ^ĞƌǀŝĐĞƐ ƉƌŽǀŝĚĞĚ ďLJ ƚŚĞ /ŶƐƟƚƵƚĞ 'ŽŽĚƐ ƉƌŽǀŝĚĞĚ ƚŽ ƚŚĞ /ŶƐƟƚƵƚĞ

2

<1

ĐĐŽƵŶƚƐ WĂLJĂďůĞ ƚŽ ƚŚĞ /ŶƐƟƚƵƚĞ

-

ĐĐŽƵŶƚƐ ZĞĐĞŝǀĂďůĞ ĨƌŽŵ ƚŚĞ /ŶƐƟƚƵƚĞ

-

&ĂĐŝůŝƟĞƐ ŚŝƌĞ Ͳ DĂƌĂĞ sĞŶƚƵƌĞ ^ŽƵŶƚŚůĂŶĚ Ͳ W ^ŝŵŵŽŶĚƐ ; ŽĂƌĚ DĞŵďĞƌͿ ^ĞƌǀŝĐĞƐ ƉƌŽǀŝĚĞĚ ďLJ ƚŚĞ /ŶƐƟƚƵƚĞ

36

19

'ŽŽĚƐ ƉƌŽǀŝĚĞĚ ƚŽ ƚŚĞ /ŶƐƟƚƵƚĞ

1

33

ĐĐŽƵŶƚƐ WĂLJĂďůĞ ƚŽ ƚŚĞ /ŶƐƟƚƵƚĞ

5

11

ĐĐŽƵŶƚƐ ZĞĐĞŝǀĂďůĞ ĨƌŽŵ ƚŚĞ /ŶƐƟƚƵƚĞ ^ƵƌǀĞLJ ĐŽŶĚƵĐƚĞĚ ŽŶ ďĞŚĂůĨ ŽĨ sĞŶƚƵƌĞ ^ŽƵƚŚůĂŶĚ

-


ANNUAL REPORT 2017

91

FINANCIAL STATEMENTS

ĐƚƵĂů

ĐƚƵĂů

ϮϬϭϳ

ϮϬϭϲ

$’000

$’000

^ĞƌǀŝĐĞƐ ƉƌŽǀŝĚĞĚ ďLJ ƚŚĞ /ŶƐƟƚƵƚĞ

3

22

'ŽŽĚƐ ƉƌŽǀŝĚĞĚ ƚŽ ƚŚĞ /ŶƐƟƚƵƚĞ

-

-

ĐĐŽƵŶƚƐ WĂLJĂďůĞ ƚŽ ƚŚĞ /ŶƐƟƚƵƚĞ

-

-

ĐĐŽƵŶƚƐ ZĞĐĞŝǀĂďůĞ ĨƌŽŵ ƚŚĞ /ŶƐƟƚƵƚĞ

-

-

-

-

1,215

879

-

-

79

56

^ĞƌǀŝĐĞ ƉƌŽǀŝĚĞĚ ďLJ ƚŚĞ /ŶƐƟƚƵƚĞ

-

-

'ŽŽĚƐ WƌŽǀŝĚĞĚ ďLJ ƚŚĞ /ŶƐƟƚƵƌĞ

3

-

ĐĐŽƵŶƚƐ ƉĂLJĂďůĞ ƚŽ ƚŚĞ /ŶƐƟƚƵƚĞ

-

-

ĐĐŽƵŶƚƐ ZĞĐŝĞǀĂďůĞ ĨƌŽŵ ƚŚĞ /ŶƐƟƚƵƚĞ

-

-

^ĞƌǀŝĐĞƐ ƉƌŽǀŝĚĞĚ ďLJ ƚŚĞ /ŶƐƟƚƵƚĞ

-

-

'ŽŽĚƐ ƉƌŽǀŝĚĞĚ ƚŽ ƚŚĞ /ŶƐƟƚƵƚĞ

2

-

ĐĐŽƵŶƚƐ WĂLJĂďůĞ ƚŽ ƚŚĞ /ŶƐƟƚƵƚĞ

-

-

ĐĐŽƵŶƚƐ ZĞĐĞŝǀĂďůĞ ĨƌŽŵ ƚŚĞ /ŶƐƟƚƵƚĞ

-

-

-

-

^ŽƵƚŚĞƌŶ ĚƵĐĂƟŽŶ ŚĂƌŝƚĂďůĞ dƌƵƐƚ Ͳ W ^ŝŵŵŽŶĚƐ ;dƌƵƐƚĞĞͿ

ĐƟǀŝƚLJ ĂŶĚ ŵƉůŽLJŵĞŶƚ ^ĞƌǀŝĐĞƐ ^ŽƵƚŚĞƌŶ >ĂŬĞƐ ŶŐůŝƐŚ ŽůůĞŐĞ >ŝŵŝƚĞĚ Ͳ W ^ŝŵŵŽŶĚƐ ; ŝƌĞĐƚŽƌͿ ^ĞƌǀŝĐĞƐ ƉƌŽǀŝĚĞĚ ďLJ ƚŚĞ /ŶƐƟƚƵƚĞ 'ŽŽĚƐ ƉƌŽǀŝĚĞĚ ƚŽ ƚŚĞ /ŶƐƟƚƵƚĞ ĐĐŽƵŶƚƐ WĂLJĂďůĞ ƚŽ ƚŚĞ /ŶƐƟƚƵƚĞ ĐĐŽƵŶƚƐ ZĞĐĞŝǀĂďůĞ ĨƌŽŵ ƚŚĞ /ŶƐƟƚƵƚĞ WƌŽǀŝƐŝŽŶ ŽĨ ŶŐůŝƐŚ >ĂŶŐƵĂŐĞ ŽƵƌƐĞƐ ^ŚĞĞƚŵĞƚĂů ƌĂŌ >ŝŵŝƚĞĚ Ͳ d tĂƌĚ ;^ŚĂƌĞŚŽůĚĞƌͿ

ŽŶƐƚƌƵĐƟŽŶ DĂƚĞƌŝĂů ŝĂĐŬƐ EƵƌƐĞƌŝĞƐ >ŝŵŝƚĞĚ Ͳ d tĂƌĚ ;^ŚĂƌĞŚŽůĚĞƌͿ

ĐĂĚĞŵŝĐ &ĂĐŝůŝƚĂƟŽŶ ,t ZŝĐŚĂƌĚƐŽŶ 'ƌŽƵƉ Ͳ W ,ĞĞŶĂŶ ; džĞĐƵƟǀĞ ŝƌĞĐƚŽƌ &ŝŶĂŶĐĞͿ ^ĞƌǀŝĐĞƐ ƉƌŽǀŝĚĞĚ ďLJ ƚŚĞ /ŶƐƟƚƵƚĞ 'ŽŽĚƐ ƉƌŽǀŝĚĞĚ ƚŽ ƚŚĞ /ŶƐƟƚƵƚĞ

36

57

ĐĐŽƵŶƚƐ WĂLJĂďůĞ ƚŽ ƚŚĞ /ŶƐƟƚƵƚĞ

-

-

ĐĐŽƵŶƚƐ ZĞĐĞŝǀĂďůĞ ĨƌŽŵ ƚŚĞ /ŶƐƟƚƵƚĞ

-

9

džƚĞƌŶĂů &ĂĐŝůŝƚĂƚŽƌ

ŽŶĚ ŽŶƚƌĂĐƟŶŐ >ŝŵŝƚĞĚ Ͳ W ,ĞĞŶĂŶ ; ŝƌĞĐƚŽƌͿ ^ĞƌǀŝĐĞƐ ƉƌŽǀŝĚĞĚ ďLJ ƚŚĞ /ŶƐƟƚƵƚĞ 'ŽŽĚƐ ƉƌŽǀŝĚĞĚ ƚŽ ƚŚĞ /ŶƐƟƚƵƚĞ

-

-

<1

-

ĐĐŽƵŶƚƐ WĂLJĂďůĞ ƚŽ ƚŚĞ /ŶƐƟƚƵƚĞ

-

-

ĐĐŽƵŶƚƐ ZĞĐĞŝǀĂďůĞ ĨƌŽŵ ƚŚĞ /ŶƐƟƚƵƚĞ

-

-

ůĞĂŶŝŶŐ

EŽ ƉƌŽǀŝƐŝŽŶ ŚĂƐ ďĞĞŶ ƌĞƋƵŝƌĞĚ͕ ŶŽƌ ĂŶLJ ĞdžƉĞŶƐĞ ƌĞĐŽŐŶŝƐĞĚ͕ ĨŽƌ ŝŵƉĂŝƌŵĞŶƚ ŽĨ ƌĞĐĞŝǀĂďůĞƐ ĨƌŽŵ ƌĞůĂƚĞĚ ƉĂƌƟĞƐ͘


92

FINANCIAL STATEMENTS

ANNUAL REPORT 2017

ϭϲ ZĞůĂƚĞĚ ƉĂƌƚLJ ƚƌĂŶƐĂĐƟŽŶƐ ĂŶĚ ŬĞLJ ŵĂŶĂŐĞŵĞŶƚ ƉĞƌƐŽŶŶĞů ; ŽŶƟŶƵĞĚͿ ŽƵŶĐŝů DĞŵďĞƌƐ &ƵůůͲƟŵĞ ĞƋƵŝǀĂůĞŶƚ ŵĞŵďĞƌƐ

8

8

132

130

9

8

1,299

1,183

ϭϳ

ϭϲ

ϭ͕ϰϯϭ

ϭ͕ϯϭϯ

ZĞŵƵŶĞƌĂƟŽŶ džĞĐƵƟǀĞ DĂŶĂŐĞŵĞŶƚ dĞĂŵ͕ ŝŶĐůƵĚŝŶŐ ŚŝĞĨ džĞĐƵƟǀĞ &ƵůůͲƟŵĞ ĞƋƵŝǀĂůĞŶƚ ŵĞŵďĞƌƐ ZĞŵƵŶĞƌĂƟŽŶ dŽƚĂů &ƵůůͲƟŵĞ ĞƋƵŝǀĂůĞŶƚ ŵĞŵďĞƌƐ dŽƚĂů ŬĞLJ ŵĂŶĂŐĞŵĞŶƚ ƉĞƌƐŽŶŶĞů ĐŽŵƉĞŶƐĂƟŽŶ

<ĞLJ ŵĂŶĂŐĞŵĞŶƚ ƉĞƌƐŽŶŶĞů ŝŶĐůƵĚĞ ƚŚĞ ŚŝĞĨ džĞĐƵƟǀĞ͕ ,ĞĂĚƐ ŽĨ &ĂĐƵůƟĞƐ ĂŶĚ ŵĞŵďĞƌƐ ŽĨ ƚŚĞ ƐĞŶŝŽƌ ŵĂŶĂŐĞŵĞŶƚ ƚĞĂŵ͘ ŽƵŶĐŝů members are considered part of the key management personnel and their fees have been included above and also in note 15. The ĂďŽǀĞ ĐŽŵƉĞŶƐĂƟŽŶ ŝŶĐůƵĚĞƐ ƚŚĞ ĂĐƚƵĂů ƉĂLJŵĞŶƚƐ ;Ϯϲ ĨŽƌƚŶŝŐŚƚůLJ ƉĂLJŵĞŶƚƐͿ ŵĂĚĞ ĚƵƌŝŶŐ ƚŚĞ LJĞĂƌ͘ dŚĞƌĞ ĂƌĞ ĐůŽƐĞ ĨĂŵŝůLJ ŵĞŵďĞƌƐ ŽĨ ŬĞLJ ŵĂŶĂŐĞŵĞŶƚ ƉĞƌƐŽŶŶĞů ĞŵƉůŽLJĞĚ ďLJ ƚŚĞ ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ͘ dŚĞ ƚĞƌŵƐ ĂŶĚ ĐŽŶĚŝƟŽŶƐ ŽĨ ƚŚŽƐĞ ĂƌƌĂŶŐĞŵĞŶƚƐ ĂƌĞ ŶŽ ŵŽƌĞ ĨĂǀŽƵƌĂďůĞ ƚŚĂŶ ǁŽƵůĚ ŚĂǀĞ ďĞĞŶ ĂĚŽƉƚĞĚ ŝĨ ƚŚĞƌĞ ǁĞƌĞ ŶŽ ƌĞůĂƟŽŶƐŚŝƉ ǁŝƚŚ ŬĞLJ management personnel.

ϭϳ ĂƚĞŐŽƌŝĞƐ ŽĨ ĮŶĂŶĐŝĂů ĂƐƐĞƚƐ ĂŶĚ ůŝĂďŝůŝƟĞƐ ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ

'ƌŽƵƉ

ĐƚƵĂů

ĐƚƵĂů

ĐƚƵĂů

ĐƚƵĂů

ϮϬϭϳ

ϮϬϭϲ

ϮϬϭϳ

ϮϬϭϲ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

ΨΖϬϬϬ

Cash and cash equivalents

2,535

6,054

2,535

6,054

Debtors and other receivables

2,005

912

2,006

915

Investments - Term deposits

28,610

23,109

28,610

23,109

dŽƚĂů ůŽĂŶƐ ĂŶĚ ƌĞĐĞŝǀĂďůĞƐ

33,150

30,075

33,151

30,078

ĐƚƵĂů

ĐƚƵĂů

ĐƚƵĂů

ĐƚƵĂů

ϮϬϭϳ

ϮϬϭϲ

ϮϬϭϳ

ϮϬϭϲ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

ΨΖϬϬϬ

-

-

-

-

Investments

4

4

4

4

dŽƚĂů ĂǀĂŝůĂďůĞ ĨŽƌ ƐĂůĞ ĮŶĂŶĐŝĂů ĂƐƐĞƚƐ

4

4

4

4

2,271

1,973

2,271

1,973

-

-

-

-

2,271

1,973

2,271

1,973

>ŽĂŶƐ ĂŶĚ ƌĞĐĞŝǀĂďůĞƐ

&ŝŶĂŶĐŝĂů ĂƐƐĞƚƐ Ăƚ ĨĂŝƌ ǀĂůƵĞ ƚŚƌŽƵŐŚ ƉƌŽĮƚ ĂŶĚ ůŽƐƐ /ŶǀĞƐƚŵĞŶƚƐ Ͳ ƋƵŝƚLJ ŝŶǀĞƐƚŵĞŶƚƐ ǀĂŝůĂďůĞ ĨŽƌ ^ĂůĞ ĮŶĂŶĐŝĂů ĂƐƐĞƚƐ

&ŝŶĂŶĐŝĂů ůŝĂďŝůŝƟĞƐ ŵĞĂƐƵƌĞĚ Ăƚ ĂŵŽƌƟƐĞĚ ĐŽƐƚ Creditors and other payables Borrowings - secured loans dŽƚĂů ĮŶĂŶĐŝĂů ůŝĂďŝůŝƟĞƐ ŵĞĂƐƵƌĞĚ Ăƚ ĂŵŽƌƟƐĞĚ ĐŽƐƚ


93

FINANCIAL STATEMENTS

ANNUAL REPORT 2017

ϭϴ ŐĞŝŶŐ ŽĨ ĮŶĂŶĐŝĂů ůŝĂďŝůŝƟĞƐ >ĞƐƐ ƚŚĂŶ ϲ DŽŶƚŚƐ

ĞƚǁĞĞŶ ϲ ŵŽŶƚŚƐ ĂŶĚ ϭ LJĞĂƌ

ĞƚǁĞĞŶ ϭ ĂŶĚ ϱ LJĞĂƌƐ

^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ ĂŶĚ 'ƌŽƵƉ ϮϬϭϲ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Creditors and other payables

1,973

-

-

-

-

-

2,271

-

-

-

-

-

Borrowings ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ ĂŶĚ 'ƌŽƵƉ ϮϬϭϳ Creditors and other payables Borrowings

ϭϵ ƌĞĚŝƚ ZŝƐŬ

dŚĞ /ŶƐƟƚƵƚĞ ŚĂƐ ŵŝŶŝŵĂů ĐƌĞĚŝƚ ƌŝƐŬ ŝŶ ŝƚƐ ŚŽůĚŝŶŐƐ ŽĨ ƐƚƵĚĞŶƚƐ͕ ƚƌĂĚĞ ĚĞďƚŽƌƐ ĂŶĚ ŽƚŚĞƌ ĮŶĂŶĐŝĂů ŝŶƐƚƌƵŵĞŶƚƐ͘ These instruments include cash, bank deposits, and accounts receivable. dŚĞ /ŶƐƟƚƵƚĞ ƉůĂĐĞƐ ŝƚƐ ŝŶǀĞƐƚŵĞŶƚƐ ǁŝƚŚ ƌĞŐŝƐƚĞƌĞĚ ďĂŶŬƐ ĂŶĚ ĮŶĂŶĐŝĂů ŝŶƐƟƚƵƟŽŶƐ͘ dŚĞ /ŶƐƟƚƵƚĞ ƐƉƌĞĂĚƐ ŝƚƐ ĞdžƉŽƐƵƌĞ ƚŽ ƌŝƐŬ ďLJ ůŝŵŝƟŶŐ ƚŚĞ ĂŵŽƵŶƚ ƚŚĂƚ ĐĂŶ ďĞ ŝŶǀĞƐƚĞĚ ŝŶ ĂŶLJ ŽŶĞ ŝŶƐƟƚƵƟŽŶ͘ dŚĞ /ŶƐƟƚƵƚĞ ďĞůŝĞǀĞƐ ƚŚĂƚ ƚŚĞƐĞ ƉŽůŝĐŝĞƐ ƌĞĚƵĐĞ the risk of any loss which could arise from its investment ĂĐƟǀŝƟĞƐ͘ &ŝdžĞĚ ŝŶƚĞƌĞƐƚ ĚĞƉŽƐŝƚƐ ŵĂƚƵƌĞ ŵŽŶƚŚůLJ ǁŚĞŶ ĐĂƐŚ requirements are reviewed. ĐĐŽƵŶƚƐ ƌĞĐĞŝǀĂďůĞ ĂƌĞ ƐƚĂƚĞĚ Ăƚ ƚŚĞŝƌ ĞƐƟŵĂƚĞĚ ƌĞĂůŝƐĂďůĞ ǀĂůƵĞ ĂŌĞƌ ƉƌŽǀŝĚŝŶŐ ĨŽƌ ĂŵŽƵŶƚƐ ŶŽƚ ĐŽŶƐŝĚĞƌĞĚ ƌĞĐŽǀĞƌĂďůĞ͘ dŚĞƌĞ ŝƐ ŶŽ ƐŝŐŶŝĮĐĂŶƚ ĐŽŶĐĞŶƚƌĂƟŽŶ ŽĨ ĐƌĞĚŝƚ ƌŝƐŬ ĨŽƌ ĂĐĐŽƵŶƚƐ receivable.

ϮϬ DĂƌŬĞƚ ZŝƐŬ dŚĞ /ŶƐƟƚƵƚĞ ŝƐ ŶŽƚ ĞdžƉŽƐĞĚ ƚŽ ŝŶƚĞƌĞƐƚ ƌĂƚĞ ƌŝƐŬ ŽŶ ŝƚƐ ĮŶĂŶĐŝĂů assets. Deposits are placed on pre-determined interest rates, ĂŶĚ ƚŚŝƐ ƌĞĚƵĐĞƐ ĂŶLJ ƉŽƚĞŶƟĂů ŵĂƌŬĞƚ ƌŝƐŬƐ͘ dŚĞ /ŶƐƟƚƵƚĞ ŚĂƐ ŶŽ ĞdžƉŽƐƵƌĞ ƚŽ ĐƵƌƌĞŶĐLJ ƌŝƐŬ͘

Ϯϯ ^ƚĂƚƵƚŽƌLJ ĞĂĚůŝŶĞ

dŚĞ /ŶƐƟƚƵƚĞ ǁĂƐ ƵŶĂďůĞ ƚŽ ŵĞĞƚ ƚŚĞ ƐƚĂƚƵƚŽƌLJ ĚĞĂĚůŝŶĞ ŽŶ ϯϬ Ɖƌŝů ĂƐ ƐĞƚ ŽƵƚ ŝŶ ^ĞĐƟŽŶ ϭϱϲ;ϮͿ;ďͿ ŽĨ ƚŚĞ ƌŽǁŶ ŶƟƟĞƐ Đƚ ϮϬϬϰ͘ dŚĞ ĚĞůĂLJ ǁĂƐ ĚƵĞ ƚŽ ƚŚĞ ůĂƚĞ ƉƌĞƉĂƌĂƟŽŶ ŽĨ ƚŚĞ ^ŽƵƚŚĞƌŶ >ĂŬĞƐ ŶŐůŝƐŚ ŽůůĞŐĞ >ŝŵŝƚĞĚ ;^/d ĂƐƐŽĐŝĂƚĞ ŝŶǀĞƐƚŵĞŶƚͿ ĂŶŶƵĂů ƌĞƉŽƌƚ ĂŶĚ ƚŚĞ ŝŶĐŽŵƉůĞƚĞ ĂƵĚŝƚ ŽĨ ƚŚĂƚ ĞŶƟƚLJ͘ KƵƌ ĂƵĚŝƚŽƌƐ ǁĞƌĞ ƵŶĂďůĞ ƚŽ ŝƐƐƵĞ ƚŚĞ ^/d ŐƌŽƵƉ audit report without the audit report from the auditors of ƚŚĞ ĂƐƐŽĐŝĂƚĞ ĞŶƟƚLJ͘ dŚĞ ĚĞůĂLJ ǁĂƐ ĐĂƵƐĞĚ ďLJ ƚŚĞ ĂƐƐŽĐŝĂƚĞ ĞŶƟƚLJ͛Ɛ ĂĐĐŽƵŶƟŶŐ ƉƌŽǀŝĚĞƌ ůŽƐŝŶŐ ŬĞLJ ƐƚĂī ĂŶĚ ďĞŝŶŐ ƵŶĂďůĞ ƚŽ ƵŶĚĞƌƚĂŬĞ ƚŚĞ ƵƐƵĂů ƉƌĞƉĂƌĂƟŽŶ͘ dŚĞ ŝƌĞĐƚŽƌƐ ŽĨ ƚŚĞ ĂƐƐŽĐŝĂƚĞ ĞŶƟƚLJ͕ ŽŶĐĞ ĂǁĂƌĞ ŽĨ ƚŚŝƐ ƐŝƚƵĂƟŽŶ͕ ŚĂǀĞ ĞŶŐĂŐĞĚ Ă ŶĞǁ ĐĐŽƵŶƟŶŐ ƉƌŽǀŝĚĞƌ͘ Ϯϰ ^ƵďƐĞƋƵĞŶƚ ǀĞŶƚƐ

SIT entered into an agreement with the majority Shareholders ŽĨ ^ŽƵƚŚĞƌŶ >ĂŬĞƐ ŶŐůŝƐŚ ŽůůĞŐĞ >ŝŵŝƚĞĚ ƚŽ ĂĐƋƵŝƌĞ ƚŚĞŝƌ ϱϭй holding thereby taking SIT’s ownership to 100%. The purchase ǁĂƐ ĐŽŶĚŝƟŽŶĂů ŽŶ ϭͿ ĂŐƌĞĞŵĞŶƚ ŽĨ ƚŚĞ ǀĂůƵĞ ŽĨ ƚŚĞ ϱϭй ŚŽůĚŝŶŐ ϮͿ ƵĞ ĚŝůŝŐĞŶĐĞ ďĞŝŶŐ ĐĂƌƌŝĞĚ ŽƵƚ ϯͿ E Y ĂƉƉƌŽǀĂů ĨŽƌ ƚŚĞ ƚƌĂŶƐĨĞƌ ĂŶĚ ϰͿ ^/d ŽƵŶĐŝů ĂƉƉƌŽǀĂů͘ ůů ĐŽŶĚŝƟŽŶƐ ǁĞƌĞ meet on the 26th of January at which point the agreement ďĞĐĂŵĞ ƵŶĐŽŶĚŝƟŽŶĂů ĂŶĚ ĂŶ ĂŵŽƵŶƚ ŽĨ ΨϯϱϬŬ ďĞĐĂŵĞ payable.

ϮϮ ĂƉŝƚĂů DĂŶĂŐĞŵĞŶƚ

^/d ĞŶƚĞƌĞĚ ŝŶƚŽ ĂŶ ĂŐƌĞĞŵĞŶƚ ǁŝƚŚ dĂŝ WŽƵƟŶŝ WŽůLJƚĞĐŚŶŝĐ ĨŽƌ ƚŚĞ ƚƌĂŶƐĨĞƌ ŽĨ ƚŚĞ ĂƐƐĞƚƐ ŽĨ D /E ;DƵƐŝĐ ĂŶĚ ƵĚŝŽ /ŶƐƟƚƵƚĞ ŽĨ EĞǁ ĞĂůĂŶĚͿ ƚŽ ^/d͘ dŚĞ ƚƌĂŶƐĨĞƌ ǁĂƐ ĐŽŶĚŝƟŽŶĂů ŽŶ ϭͿ ƵĞ ĚŝůŝŐĞŶĐĞ ďĞŝŶŐ ĐĂƌƌŝĞĚ ŽƵƚ͕ ϮͿ ŽŶƐĞŶƚ ĨƌŽŵ ƚŚĞ >ĞƐƐŽƌ ŽĨ D /E ƉƌĞŵŝƐĞƐ ϯͿ dĞƌƟĂƌLJ ĚƵĐĂƟŽŶ ĂŶĚ E Y ĂƉƉƌŽǀĂů ĂŶĚ ϰͿ ^/d ŽƵŶĐŝů ĂƉƉƌŽǀĂů͘ dŚĞ ƚƌĂŶƐĨĞƌ ĚĂƚĞ ǁĂƐ ƐĞƚ ĂƐ ƚŚĞ ϯƚŚ ŽĨ January 2018 and subsequently changed to 31st January 2018, ǀŝĂ ĂŐƌĞĞŵĞŶƚ ŽĨ Ăůů ƉĂƌƟĞƐ͕ ĨŽƌ ƉƌĂĐƟĐĂů ŝƐƐƵĞƐ ĂƌŽƵŶĚ ĂůŝŐŶŝŶŐ payroll and HR contracts. The amount payable by SIT is $1.

dŚĞ /ŶƐƟƚƵƚĞ͛Ɛ ĐĂƉŝƚĂů ŝƐ ŝƚƐ ĞƋƵŝƚLJ͕ ǁŚŝĐŚ ĐŽŵƉƌŝƐĞƐ ƌĞƚĂŝŶĞĚ ĞĂƌŶŝŶŐƐ ĂŶĚ ƌĞƐĞƌǀĞƐ͘ ƋƵŝƚLJ ŝƐ ƌĞƉƌĞƐĞŶƚĞĚ ďLJ ŝƚƐ ĂƐƐĞƚƐ͘

Ϯϱ WĞƌĨŽƌŵĂŶĐĞ ĂŐĂŝŶƐƚ ƵĚŐĞƚ

dŚĞ /ŶƐƟƚƵƚĞ ŵĂŶĂŐĞƐ ŝƚƐ ƌĞǀĞŶƵĞƐ͕ ĞdžƉĞŶƐĞƐ͕ ĂƐƐĞƚƐ͕ ůŝĂďŝůŝƟĞƐ ĂŶĚ ŐĞŶĞƌĂů ĮŶĂŶĐŝĂů ĚĞĂůŝŶŐƐ ƉƌƵĚĞŶƚůLJ͘ dŚĞ ŽďũĞĐƟǀĞ ŽĨ ŵĂŶĂŐŝŶŐ ƚŚĞ DŝŶŝƐƚƌLJ͛Ɛ ĞƋƵŝƚLJ ŝƐ ƚŽ ĞŶƐƵƌĞ ƚŚĞ /ŶƐƟƚƵƚĞ ĞīĞĐƟǀĞůLJ ĂĐŚŝĞǀĞƐ ŝƚƐ ŐŽĂůƐ ĂŶĚ ŽďũĞĐƟǀĞƐ ĨŽƌ ǁŚŝĐŚ ŝƚ ŚĂƐ been established, whilst remaining a going concern.

^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ ĞdžƉĞƌŝĞŶĐĞĚ Ă ĚĞĐƌĞĂƐĞ ŝŶ ĞdžƉĞŶƐĞƐ ďLJ ϱй ĂƐ ĐŽŵƉĂƌĞĚ ƚŽ ďƵĚŐĞƚ͘ dŚŝƐ ǁĂƐ ŵĂŝŶůLJ ĚƵĞ ƚŽ ƚŚĞ ďĞƩĞƌ ŵĂŶĂŐĞŵĞŶƚ ŽĨ ŽƉĞƌĂƟŶŐ ĞdžƉĞŶƐĞƐ ŽǀĞƌ ƚŚĞ ďƵĚŐĞƚĞĚ ĞdžƉĞŶƐĞƐ ĂŶĚ ĂůƐŽ ĚƵĞ ƚŽ ĂĚĚŝƟŽŶĂů ĨƵŶĚŝŶŐ ďĞŝŶŐ ƌĞĐĞŝǀĞĚ ĨƌŽŵ d ƐƵďƐĞƋƵĞŶƚ ƚŽ ƚŚĞ ďƵĚŐĞƚ ŚĂǀŝŶŐ ďĞĞŶ ĮŶĂůŝƐĞĚ͘

Ϯϭ >ŝƋƵŝĚŝƚLJ ZŝƐŬ

dŚĞ /ŶƐƟƚƵƚĞ ŵĂŝŶƚĂŝŶƐ Ă ƚĂƌŐĞƚ ůĞǀĞů ŽĨ ŝŶǀĞƐƚŵĞŶƚƐ ǁŚŝĐŚ ŵĂƚƵƌĞ ǁŝƚŚŝŶ ƚŚĞ ŶĞdžƚ ϭϮ ŵŽŶƚŚƐ͘ dŚĞ ŵĂƚƵƌŝƚLJ ƉƌŽĮůĞƐ ŽĨ ƚŚĞ /ŶƐƟƚƵƚĞ͛Ɛ ŝŶƚĞƌĞƐƚ ďĞĂƌŝŶŐ ŝŶǀĞƐƚŵĞŶƚƐ ĂƌĞ ĚŝƐĐůŽƐĞĚ ŝŶ ŶŽƚĞƐ ϲ ĂŶĚ ϵ ƌĞƐƉĞĐƟǀĞůLJ͘

The surplus achieved of $4.03 million was over and above the budgeted surplus by $3.05 million.


94

FINANCIAL STATEMENTS

ANNUAL REPORT 2017

Ϯϲ ŚŝůĚĐĂƌĞ ĞŶƚƌĞ

The surplus on the Childcare Centre account was arrived at as follows:

ĐƚƵĂů

ƵĚŐĞƚ

ĐƚƵĂů

ϮϬϭϳ

ϮϬϭϳ

ϮϬϭϲ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

804

800

844

Revenue received Ministry Grants ŚŝůĚĐĂƌĞ &ĞĞƐ

309

300

290

1,113

1,100

1,134

928

938

936

46

58

45

4

4

5

>ĞƐƐ džƉĞŶĚŝƚƵƌĞ WĂLJƌŽůů ĂŶĚ ZĞůĂƚĞĚ džƉĞŶƐĞƐ Consumables ŽŵŵƵŶŝĐĂƟŽŶ ĞƉƌĞĐŝĂƟŽŶ Net Surplus ^ƚĂƟƐƟĐƐ ĨŽƌ &ƵŶĚĞĚ ,ŽƵƌƐ

3

7

3

981

1,007

989

132

93

145

ϮϬϭϳ

ϮϬϭϲ

,ŽƵƌƐ

,ŽƵƌƐ

Under two year olds

22,062

22,126

Over two year olds

70,078

67,943

dŚĞ ŚŝůĚĐĂƌĞ ĞŶƚƌĞ ŝƐ ĂŶ ŝŶƚĞŐƌĂů ƉĂƌƚ ŽĨ ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ͛Ɛ ƉƌŽǀŝƐŝŽŶ ŽĨ ƐƚƵĚĞŶƚ ƐĞƌǀŝĐĞƐ͘ &ƵƌŶŝƚƵƌĞ ĂŶĚ ƋƵŝƉŵĞŶƚ ĂƌĞ ƉƵƌĐŚĂƐĞĚ ďLJ ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ ĂŶĚ ƚŚĞ ƵƐĞ ŽĨ ƚŚĞƐĞ ĂƐƐĞƚƐ ŝƐ ƌĞŇĞĐƚĞĚ ŝŶ ƚŚĞ ĚĞƉƌĞĐŝĂƟŽŶ ĐŚĂƌŐĞ͘ Repairs and maintainance costs on the buildings used are recharged through occupancy charges in the way as all other Cost Centres. EŽ ĐĂƉŝƚĂů ĐŚĂƌŐĞ ŚĂƐ ďĞĞŶ ĂƉƉůŝĞĚ ďLJ ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ ŽŶ ƚŚĞ ŚŝůĚĐĂƌĞ ĞŶƚƌĞ͘


ANNUAL REPORT 2017

95

FINANCIAL STATEMENTS

Ϯϳ /ŶǀĞƐƚŵĞŶƚ ŝŶ ĂƐƐŽĐŝĂƚĞ ĐƚƵĂů

ĐƚƵĂů

ϮϬϭϳ

ϮϬϭϲ

Ψ͛ϬϬϬ

Ψ͛ϬϬϬ

393

417

5

15

dŚĞ /ŶƐƟƚƵƚĞ ĂĐƋƵŝƌĞĚ Ă ϰϵй ƐŚĂƌĞŚŽůĚŝŶŐ ŝŶ ^ŽƵƚŚĞƌŶ >ĂŬĞƐ ŶŐůŝƐŚ ŽůůĞŐĞ >ŝŵŝƚĞĚ ŽŶ ϭƐƚ :ĂŶƵĂƌLJ ϮϬϭϰ͘ Movement in the carrying amount of the investment in associate: Balance at 1 January New Investments during the year Disposal of Investments during the year

-

-

47

47

-

;ϴϲͿ

445

393

Assets

1,721

1,393

>ŝĂďŝůŝƟĞƐ

1,319

1,100

Revenue

4,690

2,225

^ƵƌƉůƵƐͬ;ĚĞĮĐŝƚͿ

96

96

Group’s interest

Share of total comprehensive Revenue Dividend Balance at 31 December ^ƵŵŵĂƌŝƐĞĚ ĮŶĂŶĐŝĂů ŝŶĨŽƌŵĂƟŽŶ ŽĨ ĂƐƐŽĐŝĂƚĞ ƉƌĞƐĞŶƚĞĚ ŽŶ Ă ŐƌŽƐƐ ďĂƐŝƐ

49%

49%

^ŚĂƌĞ ŽĨ ĂƐƐŽĐŝĂƚĞ͛Ɛ ĐŽŶƟŶŐĞŶƚ ůŝĂďŝůŝƟĞƐ ŝŶĐƵƌƌĞĚ ũŽŝŶƚůLJ ǁŝƚŚ ŽƚŚĞƌ ŝŶǀĞƐƚŽƌƐ

-

-

ŽŶƟŶŐĞŶƚ ůŝĂďŝůŝƟĞƐ ƚŚĂƚ ĂƌŝƐĞ ďĞĐĂƵƐĞ ŽĨ ƐĞǀĞƌĂů ůŝĂďŝůŝƚLJ

-

-

^ŽƵƚŚĞƌŶ >ĂŬĞƐ ŶŐůŝƐŚ ŽůůĞŐĞ >ŝŵŝƚĞĚ ŝƐ ĂŶ ƵŶůŝƐƚĞĚ ĐŽŵƉĂŶLJ͘ ĐĐŽƌĚŝŶŐůLJ͕ ƚŚĞƌĞ ĂƌĞ ŶŽ ƉƵďůŝƐŚĞĚ ƉƌŝĐĞ ƋƵŽƚĂƟŽŶƐ to determine the fair value of this investment.


96

FINANCIAL STATEMENTS

ANNUAL REPORT 2017

^ƚĂƚĞŵĞŶƚ ŽĨ ZĞƐŽƵƌĐĞƐ for the year ended 31 December 2017 ^ƚĂī dŚĞ /ŶƐƟƚƵƚĞ ĞŵƉůŽLJƐ ƚŚĞ ĨŽůůŽǁŝŶŐ ĨƵůůͲƟŵĞ ĞƋƵŝǀĂůĞŶƚ ƐƚĂī͗ Tutorial

Non-Teaching and Allied

Managerial

Total

2017

2016

2017

2016

2017

2016

2017

2016

New Media, Arts and Business

39.82

37.97

10.22

12.70

0.81

1.00

50.85

51.67

,ĞĂůƚŚ͕ ,ƵŵĂŶŝƟĞƐ ĂŶĚ ŽŵƉƵƟŶŐ

44.89

41.37

5.94

7.91

1.00

1.00

51.83

50.28

Trades and Technology

40.56

35.29

14.82

19.56

1.00

1.00

56.38

55.85

Gore Campus

2.44

3.49

3.09

2.66

5.53

6.15

Queenstown Campus

10.08

8.91

1.87

1.94

11.95

10.85

Christchurch Campus

20.09

18.95

12.78

12.94

32.87

31.89

SIT2LRN

1.44

2.65

13.12

23.17

1.00

1.00

15.56

26.82

0.02

120.76

101.61

5.00

4.96

125.76

106.59

13.37

14.28

13.37

14.28

195.97

196.77

364.10

354.38

&ŝŶĂŶĐĞ͕ ĚŵŝŶ͕ ŝƌĞĐƚŽƌĂƚĞ͕ ,ƵŵĂŶ ZĞƐŽƵƌĐĞƐ͕ &ĂĐŝůŝƟĞƐ͕ ĚƵĐĂƟŽŶĂů ^ĞƌǀŝĐĞƐ͕ >ŝďƌĂƌLJ͕ DĂƌŬĞƟŶŐ͕ /ŶƚĞƌŶĂƟŽŶĂů Caretakers, Childcare, Grounds, Cafeteria, Health and Counselling 159.32

148.65

8.81

8.96

>ŝďƌĂƌLJ dŚĞ /ŶƐƟƚƵƚĞ͛Ɛ >ŝďƌĂƌLJ ŚĂƐ Ă ĐŽůůĞĐƟŽŶ ŽĨ ϮϮ͕ϯϬϳ ŬƐ ĂŶĚ ϭϬϭ ƌĞŐƵůĂƌ ƉĞƌŝŽĚŝĐĂů ƐƵďƐĐƌŝƉƟŽŶƐ͘ /ƐƐƵĞƐ ĨŽƌ ϮϬϭϳ ƚŽƚĂůůĞĚ Ϯϳ͕ϭϮϲ͘ dŚĞ ĚĞƉƌĞĐŝĂƚĞĚ ƌĞƉůĂĐĞŵĞŶƚ ĐŽƐƚ ŽĨ ůŝďƌĂƌLJ ƐƚŽĐŬ ŝƐ Ψϱϵϳ͕ϬϬϬ͘ dŚĞ ůŝďƌĂƌLJ ŚĂƐ Ă ƉĞƌŵĂŵŶĂŶƚ ƐƚĂī ŽĨ ϰ͘ϴ &d ĚƵƌŝŶŐ ϮϬϭϳ͘


'ůŽƐƐĂƌLJ ŽĨ ĐƌŽŶLJŵƐ EER

džƚĞƌŶĂů ǀĂůƵĂƟŽŶ ĂŶĚ ZĞǀŝĞǁ

EEO

ƋƵĂů ĚƵĐĂƟŽŶͬ ŵƉůŽLJŵĞŶƚ KƉƉŽƌƚƵŶŝƟĞƐ

EFTS

ƋƵŝǀĂůĞŶƚ &Ƶůů dŝŵĞ ^ƚƵĚĞŶƚ

FTE

&Ƶůů dŝŵĞ ƋƵŝǀĂůĞŶƚ

ITP

/ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ ĂŶĚ WŽůLJƚĞĐŚŶŝĐ

KPI

<ĞLJ WĞƌĨŽƌŵĂŶĐĞ /ŶĚŝĐĂƚŽƌƐ

MOE

DŝŶŝƐƚƌLJ ŽĨ ĚƵĐĂƟŽŶ

NQF

EĂƟŽŶĂů YƵĂůŝĮĐĂƟŽŶ &ƌĂŵĞǁŽƌŬ

NZQF

EĞǁ ĞĂůĂŶĚ YƵĂůŝĮĐĂƟŽŶƐ &ƌĂŵĞǁŽƌŬ

NZQA

EĞǁ ĞĂůĂŶĚ YƵĂůŝĮĐĂƟŽŶƐ ƵƚŚŽƌŝƚLJ

PBE

WƵďůŝĐ ĞŶĞĮƚ ŶƟƚLJ

QMS

Quality Management Systems

SAC

Student Achievement Component

SAEER

^ĞůĨͲ ƐƐĞƐƐŵĞŶƚ͕ ĂŶĚ džƚĞƌŶĂů ǀĂůƵĂƟŽŶ ĂŶĚ ZĞǀŝĞǁ

SDR

Single Data Return

SIT

^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ

SLEC

^ŽƵƚŚĞƌŶ >ĂŬĞƐ ŶŐůŝƐŚ ŽůůĞŐĞ

TEC

dĞƌƟĂƌLJ ĚƵĐĂƟŽŶ ŽŵŵŝƐƐŝŽŶ

TEO

dĞƌƟĂƌLJ ĚƵĐĂƟŽŶ KƌŐĂŶŝƐĂƟŽŶ

TES

dĞƌƟĂƌLJ ĚƵĐĂƟŽŶ ^ƚƌĂƚĞŐLJ


98

STATEMENT OF ACCOUNTING POLICIES

Contact Details ^ŽƵƚŚĞƌŶ /ŶƐƟƚƵƚĞ ŽĨ dĞĐŚŶŽůŽŐLJ WƌŝǀĂƚĞ ĂŐ ϵϬϭϭϰ ϭϯϯ dĂLJ ^ƚƌĞĞƚ /ŶǀĞƌĐĂƌŐŝůů ϵϴϰϬ Southland &ƌĞĞƉŚŽŶĞ ϬϴϬϬ ϰ Ϭ & ^ ;ϬϴϬϬ ϰ Ϭ ϯϯϯϳͿ WŚŽŶĞ ;ϬϯͿ Ϯϭϭ Ϯϲϵϵ &Ădž ;ϬϯͿ Ϯϭϰ ϰϵϳϳ ŵĂŝů ŝŶĨŽΛƐŝƚ͘ĂĐ͘Ŷnj

ǁǁǁ͘Ɛŝƚ͘ĂĐ͘Ŷnj

ANNUAL REPORT 2017


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