Financial performance

The result for December is $0.6m unfavourable to budget.

The December result can be attributed to the Holidays Act accrual which was not budgeted for and the consequential impacts of the Whakaari/White Island events.

Delivering the savings plan will be challenging, but the executive leadership team is focused on finding a way to achieve the budgeted result in a clinically safe way, with particular attention to those areas over budget.