Annual Report 2010 by Whitireia New Zealand

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

www.whitireia.ac.nz

leading and illuminating

OUR

0800 944 847

ANNUAL REPORT2010 communities through tertiary

EDUCATION

Whakatauki Ko te manu e kai ana i te miro, nĹ?na te ngahere. Engari, ko te manu e kai ana i te mÄ tauranga, nĹ?na te ao. The bird that consumes the miro berry, owns the forest. However, the bird that consumes knowledge, owns the world.

Vision To lead and illuminate our communities through tertiary education.

Values Council and staff are committed to the following values: Manaaki Encouraging cooperation in learning and resource sharing to promote individual confidence and group harmony through a positive and supportive learning environment. Identity Creating a learning environment where all people feel they belong because their uniqueness is valued and promoted. Equity Achieving more equal outcomes by providing significant learning and education success for those who have previously lacked such opportunities. Responsiveness Being flexible, creative and open to change, to better meet individual, industry and community learning needs. Success Being an effective organisation with a clear sense of purpose, striving for excellence and creating an environment where all have the right to succeed. Integrity Maintaining the highest ethical standards and permitting public scrutiny to ensure the maintenance of those standards. Accountability Monitoring and reporting on the maintenance of educational quality standards and on the responsible use of public resources.

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

Contents 02

Council Chair Report

Chief Executive Report

Council and Senior Management Directory

2010 Highlights

2010 Achievements

Objectives and Key Performance Indicators 2010

Performance Measures Definitions

2010 Financial Statements

Statement of Financial Performance

Statement of Comprehensive Income

Statement of Changes in Equity

Statement of Financial Position

Statement of Cash Flows

Notes to the Financial Statements

Report of the Auditor-General

Appendix

Programme Advisory Committees

In summary 2010 was an excellent year for Whitireia as this Annual Report attests. We continued to provide quality applied vocational education for some 9,000+ students from our various communities.

9,000 +

STUDENTS

4,591

EQUIVALENT FULL-TIME STUDENTS

COUNCIL CHAIR // HON ROGER SOWRY ONZM

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

Kia ora koutou I’m delighted to introduce the 2010 Annual Report of Whitireia Community Polytechnic, Te Kura Matatini o Whitireia, in my first year as Chair of Council. In summary 2010 was an excellent year for Whitireia as this Annual Report attests. We continued to provide quality applied vocational education for some 9,000 plus students with admirable course success rates of 77%. This was made up of close to 4,600 EFTS which represents significant growth over 2009 despite a capped domestic funding environment. Growth was mainly from international students. That our community needs more tertiary education than we are funded by Government to provide, is an inescapable conclusion of the current capped domestic environment and we have worked closely with the Tertiary Education Commission (TEC) to try and address this issue. Pleasingly we produced a financial surplus of $3.77m and significant improvements to our longer term financial viability. Good progress has been made on various building and refurbishing projects which will come to fruition in 2011. These include significant activities at Kāpiti, Auckland, Wellington and Porirua campus.

The purchase of the New Zealand Radio Training School, a Private Training Establishment (PTE) based in Cuba Street, Wellington is an exciting initiative and will fit very well with our Journalism programmes in a new Media Training Centre to be opened in 2011.

the tertiary sector with four members appointed by the Minister of Tertiary Education including the Chair, Deputy Chair and four community appointees. I wish to thank the previous Council whose term ended in April for the very positive contributions to Whitireia and its success.

There were many achievements in 2010 as noted in this document. The graduation of our students is always a highlight and Te Rauparaha Arena in Porirua, is a fantastic venue for these large celebrations of student success.

The new Council has worked very positively and constructively with a workshop on strategic directions and initiating greater collaboration with Wellington Institute of Technology (WelTec).

The publication of educational performance indicators for the tertiary sector by the TEC saw excellent results for Whitireia. The External Evaluation and Review (EER) process also produced an outstanding result and is a credit to all staff.

Council continues to debate the issues that affect our institution with passion, vigour and a sound commitment to community needs. Thank you to all Councillors for contributing your knowledge and time to Whitireia.

While 2010 has been an excellent year, we face many challenges over the next few years delivering our distinctive contribution within the tertiary sector. We have excellent staff, very supportive community and the completion and success rates of our students demonstrate we represent excellent value for money in the total tertiary network. We are well placed to continue to deliver quality vocational courses and educational outcomes that will make a difference to students’ employment opportunities and their lives.

On behalf of Council I would like to thank Don Campbell for his leadership in 2010 in providing many positive achievements. I would also like to thank the management team and the staff for their continued support and dedication. Congratulations to all students who successfully completed their courses in 2010. Noho ora mai Hon Roger Sowry ONZM Council Chair

The changing political climate this year resulted in a new Council in May for

I am delighted to report on the performance of Whitireia for 2010. It was a great year with many fine achievements, most notably our student success rates which at 77% are amongst the highest in the sector.

$3.77m

SURPLUS

$54.57m

INCOME

Chief Executive // Don Campbell

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

Tena- koutou katoa Introduction I am delighted to report on the performance of Whitireia Community Polytechnic for 2010. It was a great year with many fine achievements as we continued to “lead and illuminate our communities through tertiary education” in Porirua, Kāpiti, Wellington and Auckland. Our name Whitireia means “ray of light” and Te Kura Matatini o Whitireia means the school of many faces of Whitireia which very aptly describes our ethnically diverse student population. The Education Performance Indicators (EPIs) first published by the Tertiary Education Commission (TEC) in 2010 confirmed excellent success rates for our students. Course success at 73% for 2009 has risen to 77% for 2010 placing us in the top five ITPs. Collaboration continues to be a feature with renewed projects with Wellington Institute of Technology (WelTec), a new relationship with Best Pacific, one of New Zealand’s largest and most successful private training providers, developments with The Open Polytechnic of New Zealand, Manukau Institute of Technology, Tupou Tertiary Institute in Tonga, Chung Ang University in Korea and many other partner institutions. As well locally, the Education Forum, a group of local educators from across various education sectors, continued as an important leadership initiative in our community.

Quality vocational tertiary education was provided to some 9,000+ students whose success rates were excellent. Growth to 4,591 equivalent full-time students (EFTS) by 342 EFTS or 8% over 2009 was achieved mainly through international student growth, the new Youth Guarantee scheme and Private Training Establishment (PTE) acquisitions.

in the educational performance of Whitireia Community Polytechnic” and “ITP Quality is confident in the capability in self-assessment of Whitireia Community Polytechnic”. This was a great result especially given we were one of the first institutions to go through this new process.

This provided income of $54.57m and a financial surplus of $3.77m, a very pleasing result which represents 6.91% of gross income.

In 2010, over 9,000 students experienced tertiary education through Whitireia. This constituted 4,591 EFTS which was growth of 8% over 2009. This was, mainly as a result of strong international growth, to 1,890 students or 1,316 EFTS, as many partner relationships come to fruition as well as the new Youth Guarantee Scheme designed to increase numbers of school leavers in tertiary education. Our success in this programme was recognised with the provision of further places as the year progressed. Domestic student numbers also increased with the addition of the New Zealand Radio Training School, a very successful PTE purchased by Whitireia in April, which will complement our existing programmes in Journalism, Publishing and Creative Writing.

Our strategic plan was redeveloped and refined to meet the changing environment.

Qualifications and educational outcomes For any educational institution student achievement and performance are always the highlights of any year and 2010 has provided many of these including Education Performance Indicators (EPIs) as published by TEC. Large graduations at Te Rauparaha Arena in Porirua, in March, saw staff and students complete a procession from the campus to central Porirua City. These were great celebrations of student success. Guest speakers to the 2,600 students gaining full or part qualifications included Murray McCaw, Chairman of Grow Wellington, Nick Leggett, Mayor, Porirua City and Michel Tuffery, MNZM, Artist. The new approach to managing quality in ITPs known as External Evaluation and Review (EER) resulted in an external panel visit in May. The outcome was that “ITP Quality is highly confident

Performance in 2010

Tight control of expenditure resulted in efficiencies and growth produced a financial surplus of $3.77m on income of $54.57m. The surplus was a significant increase over budget due largely to good ownership and management of costs by all staff and income growth as noted above. We continued to experience considerable pressure to increase domestic enrolments but were able to manage this so our domestic cap was not breached.

Whitireia is recognised as a leading provider of tertiary education for culturally diverse communities, the school of many faces and this is reflected in growth of domestic students who are of Māori, Pacific and international origin. The proportion of students at Level 4 and above, on the framework, continued to increase, as did the number of students under the age of 25. These three indicators were all priorities for the tertiary sector. A survey of employers indicated a high level of satisfaction with Whitireia graduates on a variety of measures. A very important role for us is to enhance the pool of skilled people for industry and to help lift the productivity of business. Student satisfaction with programmes was also high. Our success is of course a reflection of staff performance. In acknowledging this I pay tribute to all staff for their superb efforts in 2010. Our staff do “lead and illuminate their communities”. Their leadership in their respective fields is widely acknowledged. They are incredibly important in our success. They rise to the many challenges in modern education delivering as well as supporting our students and making Whitireia a true learning community. Council also considered its Kāpiti strategy during 2010 with significant decisions taken to relocate from the Lindale campus site and move to a new campus site in central Paraparaumu, which is to be opened later in 2011.

Tertiary reforms The capped environment for Whitireia, has effectively been in place since 2006 when Adult and Community Education (ACE) funding was severely reduced.

This presents considerable challenges around reallocation of resources to meet changing workforce priorities. The Youth Guarantee Scheme, a new initiative aimed at school leavers was very successfully introduced this year with TEC providing extra places based on our success for the second half of 2010 and more in 2011. It is clear from the results for Whitireia for 2010 that we have played our part in the vision of a better performing, more collaborative and better aligned tertiary sector. We have increased the proportion of students under the age of 25. We have increased the proportion of students at Level 4 and above and we have increased the number of Māori and Pacific students. We have improved course success rates and we have lifted profitability and improved efficiency of delivery. We have also continued to be well connected to our community which is diverse and multi-ethnic but for whom current funding models are not well suited. More work is needed on this to ensure current structural disadvantages to success, are addressed.

Collaboration Our new Council which has four members in common with WelTec has brought new momentum to our collaboration with them. The Students First project initiated in 2010 will look at ways in which our collective students might benefit from greater collaboration. A new collaboration with Best Pacific Institute, an Auckland PTE with outstanding success with Pacific

students presents some exciting partnership possibilities. We are also working more closely with The Open Polytechnic of New Zealand, Manukau Institute of Technology and with Tupou Tertiary Institute in Tonga where there are now over 300 students studying towards Whitireia qualifications. Our partnership with Chung Ang University in Korea has been significantly strengthened as have a number of international partnerships particularly in China. Education Forum, a collaboration with educators from across the spectrum in Porirua and Kāpiti, saw events on Restorative Justice practices with various guest speakers including Youth Court Judges Jan Kelly and John Walker and on Pacific success in education which featured Phil O’Reilly of Business New Zealand as guest speaker.

Looking ahead A major challenge will be to fund our capital development needs over the next few years to ensure progress towards a series of modern well equipped and flexible campuses is maintained. This requires strong financial performance and will most likely require borrowing for the first time. A second challenge is to continue to grow international student numbers and profitability whilst ensuring our domestic students needs and success rates are maintained. This may be difficult in a very competitive ITP sector. A third challenge is to deliver planned student numbers and the budgeted surplus. Further developments will include building better educational links and relationships, new

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

collaborative arrangements, shaping and sharpening our strategic focus and all the while continuing to engage with our communities. The fourth and most important challenge will be to ensure continued high success rates along with excellent educational outcomes for students and employers and our communities. 2011 is our 25th year of operation, a significant milestone which will be marked by high profile activities including the launch of the new brand developed in 2010 and various other events. A series of high profile campus developments will see building openings including the Media Training Centre in Cuba Street, Wellington, the Performing Arts Centre in Vivian Street, Wellington, a new Kāpiti campus in Paraparaumu and a refurbished Auckland campus in Queen Street, the Matariki and scholarships celebrations featuring Foundation members, a series of Education Forums and a 25th birthday event in Porirua with performances to showcase our success. I am delighted at the progress we have made as an institution in adapting to the new tertiary environment, adjusting our programme portfolio, mix and level, significantly improving our profitability, our responsiveness to community and industry and ability to meet and exceed challenging targets. The last four years have seen significant changes in the external environment and we have changed and adapted our internal organisation extremely well.

Conclusion My special thanks to our two Deputy Chief Executives Arthur Graves (Operations) and Susan Cauchi (Academic) who, during 2010, have provided clear leadership of the organisation. My thanks also to Lawrence Arps who, since July, has been Acting Deputy Chief Executive (Operations) during Arthur Graves secondment to the Ministry of Education to develop the Youth Tertiary Policy. I also thank all staff, management allied and academic, who have responded well to the changing external environment and helped prepare us for the current and future changes. We are sound, well regarded and travelling in very positive directions but we do have a lot of work to do both in helping create a simpler and better tertiary sector and in continuing to transform our organisation for the new environment. Finally I wish to thank Council for their strong and wise leadership and excellent understanding of our community, the tertiary environment and the place Whitireia has in the tertiary sector. The change of Council membership in May has continued the quality of decision making and the pace of development and has been invigorating from a management perspective. My special thanks to Dennis Sharman as Chair and Suzanne Snively as Deputy Chair until May 2010 and to Hon Roger Sowry ONZM, as Chair and Dr Alan Barker as Deputy Chair from May onwards for their support, guidance and leadership.

“

Our success is a reflection of staff performance. I pay tribute to all staff for their superb efforts in 2010. They rise to the challenges of modern education delivery and support our students well, making Whitireia a true learning community.

”

Noho ora mai Don Campbell Chief Executive

DIRECTORY Council to 30 April 2010 Dennis Sharman Council ChaIr / Co-opted Suzanne Snively Deputy Chair / Ministerial Don Campbell Chief Executive Aka Arthur Ngāti Toa Moana Hilliard Allied staff Gregory Fortuin Co-opted Louise Falepau Academic staff Barbara Marshall Ministerial Caroline Mareko New Zealand Council of Trade Unions Dr Allan Nichols Ministerial Loretta Ryder Student representative Ron Wilkinson Ministerial Council from 1 May 2010 Hon Roger Sowry ONZM Council Chair Dr Alan Barker Deputy Chair / Ministerial Dennis Sharman Ministerial

Suzanne Snively Ministerial Aka Arthur Community representative Gregory Fortuin Community representative AProf Kabini Sanga Community representative Ron Wilkinson Community representative Senior Management Don Campbell MBS (Hons), BA (Econ), Dip Tchg, FNZIM Chief Executive

Kaye Jujnovich MEd (Hons), Adv Dip Tchg, H Dip Tchg, Dip Tchg Dean, Faculty of Arts Willis Katene MMMgt, BA (Hons), Dip ART Director, Te Kupenga and Dean, Te Wānanga Māori Gerry McCullough BA (Maths), FAETC Dean, Faculty of Business Paul Maguiness MBS, BCA General Manager International Stephen Porteners BSc Manager, Business Information Centre

Susan Cauchi MA (Hons), DipNZLS Deputy Chief Executive (Academic)

Mark Raisin BBS Chief Financial Officer

Arthur Graves PGDipArts, BA Deputy Chief Executive (Operations)

Tim Renner MA (Hons), BA (Eng and Hist), MBA, ANZIM Director, Communications and Marketing (Domestic)

Lawrence Arps MEdAdmin, BEd Deputy Chief Executive (Operations) (Acting from July) Damien Banks BMS (Mktg), NZDipBus Business Development Manager Trish Brimblecombe MComms, BA, DipBS Project Manager Helen Gardiner BA, Dip Tchg, CTC, ANZIM Dean, Faculty of Service Industries

Dr Margaret Southwick QSM PhD, NZRN Dean, Faculty of Health Stephen Wickens BA (Hons), Dip Ed, Dip Tchg Dean, Faculty of Trades Glenys Williams MA (TESOL), BEd, Dip Tchg, CALT Manager, Academic Quality

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

2010 Highlights • EFTS targets for 2010 were achieved and exceeded – both domestic and international demand on Whitireia qualifications remain strong, with an overall total of 4,591 EFTS • Growth in international student numbers rose in 2010 to 1,316 EFTS • Student success rates exceed ITP benchmarks • Qualification awards increased with 59% of students gaining qualifications at level 4 and above • A research report on the evaluation of nurse entry into practice programmes (NETP) in New Zealand between 20062009 was completed by Carmel Haggerty, Dr Debra Wilson, Kathy Holloway from Whitireia and Dr Rose MeEldowney from Victoria University. This research and its findings were based on a three year external research contract with the Clinical Training Agency and the Ministry of Health, New Zealand • Whitireia continued to increase its regional profile in Wellington City with the purchase of the New Zealand Radio Training School • The Government Youth Guarantee Scheme was successfully implemented at Whitireia with 91 places filled by 16-17 year old school leavers

• New Information and Enrolment Centre open and operating successfully, including the new centralised enrolment system

• Language, literacy and numeracy project established and well implemented

• Whitireia won the Education Category of the “Bright Ideas Challenge” for new business ideas – run by Grow Wellington

• New Pacific partnership with Best Pacific Institute, one of the largest and most successful Private Training Establishment’s in New Zealand

• Hinemoana Baker, Whitireia Tutor was selected as the writer in residence, Iowa University, International Writing Programme, Iowa, USA

• Whitireia were actively involved in Education Forum events held in conjunction with other education institutes in the Porirua area

• Finalist in the supporting Gold category in the Wellington Gold Awards

• Students and graduates received a number of international and national awards and recognition in 2010

• Four books were published by Whitireia staff over a range of topics in 2010 • Whitireia joined New Zealand Universities in the Kiwi Advanced Research and Education Network (KAREN) community • A new brand – Whitireia New Zealand was launched

• Completion of a house built on-site at the Industry Training Centre – a joint project with Habitat for Humanity • Implementation of a new research management structure • Collaborative projects between Whitireia and WelTec

• Kāpiti strategy developed with the decision made to relocate the current campus to a new high profile site in Paraparaumu. Work is due to start on the redevelopment in 2011 • Mandy Hagar, Writing Tutor, won the New Zealand Post Children’s Book Award for Young Adult Fiction 2010

2010 ACHIEVEMENTS In 2010 Whitireia continued to excel at providing quality, industry related training to its community. Students when surveyed were very satisfied with the programmes they enrolled in and the support they received to meet their study needs. This translated into 91% of students completing their courses and 76% successfully passing their courses in 2010. Each year Whitireia conducts a survey of graduates and their employers. In 2010, 87% of our surveyed graduates indicated they are either in employment or are participating in further education. The majority of our graduates commented that they would recommend the programme they completed to future students. Employers contacted in the employer survey indicated that they are very satisfied with the job skills Whitireia graduates brought to their businesses and the qualifications graduates obtain are relevant to their industry needs.

Graduates in employment

Graduates in further education

Graduate would recommend programme of study to others

Employer satisfaction with level of job skills

Qualification relevance in employment

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

Whitireia profile Whitireia provided quality education to a total of 4,591 equivalent full-time students (EFTS) and over 9,000 individual students in 2010. Student levels increased by 342 EFTS from 2009 to 2010, due in part to continuing growth in international student numbers and additional places for the Youth Guarantee Scheme. In addition, Whitireia owns two subsidiaries; the Whitireia Performing Arts Centre and the New Zealand Radio Training School, which together contributed 131 EFTS to the total of 4,591 EFTS for the polytechnic.

Whitireia is diversifying income streams in response to the Government funding cap. As a result, the proportion of total income derived from Government grants has decreased from 52% in 2007 to 48% in 2010, while income derived from other sources has increased over this time.

Equivalent full-time students (EFTS)

Whitireia Community Polytechnic 97% Whitireia Performing Arts Centre 1% New Zealand Radio Training School 2%

Source of funding

Government grants 48%

Other income 8%

Domestic tuition fees 18%

International tuition fees 26%

LEADING AND ILLUMINATING our communities through tertiary

EDUCATION

08 12

WHITIREIA NEW ZEALAND // StudentS 2010

“Making the decision to study at Whitireia wasn’t an easy choice, I had never considered myself an academic. However, with the full support of family and friends, I entered into the Bachelor of Applied Business Studies Programme. Three years later I had completed my studies and discovered a drive to succeed, a higher confidence level and the ability to realise my own potential.” Scott Giles // Bachelor of Applied Business Studies

“

The Whitireia Advanced Automotive Engineering course is the career pathway to my future and the staff are really nice.

”

Ruimeng Chen // National CERTIFICATE IN Automotive ENGINEERING

“There’s a saying, “if you find a job you love, you won’t work a day in your life”. It’s the way I have felt since getting a job at the Hutt Valley District Health Board as a registered nurse. Training in the Bachelor of Nursing Pacific programme at Whitireia, has taught me to think positive about the challenges and unexpected tasks that come my way. Nursing has taught me to be a better person, not only to myself but to my own family, my clients that I care for and to the family members of my clients. I haven’t worked a day in my life since…” Louise Iosefo // Bachelor of Nursing Pacific

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

Objectives and Key Performance Indicators 2010 The Whitireia Community Polytechnic Investment Plan 2008-2010, as agreed with the Tertiary Education Commission, includes the following Objectives and Key Performance Indicators for 2010. These Objectives and Performance Indicators measure the polytechnicâ&#x20AC;&#x2122;s performance against Government priorities for tertiary education. 2010 was the final year for Objectives and Performance Indicators in the Investment Plan 2008-2010. The 2011-2013 Investment Plan contains new performance commitments that will be measured next year.

Government Priority Increase learner achievement in recognised vocational and applied qualifications to meet the needs of students and stakeholders

Objective 1 All qualifications meet external quality standards for national recognition, approval and accreditation

Target: 100% Achieved: 100% Performance achievement: this objective was achieved. All qualifications taught in 2010 had recognition, approval and accreditation as required by the Academic Board, ITPQ and NZQA. In 2010, a major external evaluation and review of Whitireia was conducted on behalf of NZQA. This review gave Whitireia the highest possible rating i.e. highly confident in the quality of its educational performance. The following new qualifications were approved by the Academic Board, ITPQ and NZQA in 2010 and are running in 2011: • Diploma in Performing Arts (Dance) • Diploma in Performing Arts (Singing) • Certificate in Motor Industry (Automotive Electrical and Mechanical Engineering) • Diploma in Enrolled Nursing • Diploma in Radio Journalism • Certificate in Paramedic Practice • Certificate in Graphic Design (replaced Certificate in Desktop Publishing)

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

Objective 2 Achieve overall completion (retention) targets across the polytechnic

Target: 82 Achieved: 91% Performance achievement: this objective was achieved. In 2010, Whitireia achieved and exceeded the target for 82% of students to complete courses leading towards a qualification. The Council, Academic Board and faculties annually monitor the academic performance of all programmes and implement steps for improvement. If completion rates are below target, actions plans are prepared and implemented to improve student retention. In addition, a new self evaluation and quality improvement process was introduced throughout the organisation in 2009 â&#x20AC;&#x201C; 2010. The focus of these quality processes was to improve educational outcomes for students. These quality improvement processes continue to contribute to quality outcomes in 2010. The polytechnicâ&#x20AC;&#x2122;s total programme portfolio changes every year, as some new programmes are introduced and others are no longer offered. These changes in the total programme portfolio contributed to some variation in student performance statistics from one year to another as illustrated in the following graph.

Student completion rate

2006

2007

2008

2009

2010

84%

86%

90%

86%

91%

Objective 3 Achieve overall success (pass) targets across the polytechnic

Target: 72% Achieved: 76% Performance achievement: this objective was achieved. In 2010, Whitireia achieved and exceeded the target for 72% of students to succeed in passing their courses. The Council, Academic Board and faculties annually monitor the academic performance of all programmes and implement steps for improvement. If success rates are below target, actions plans are prepared and implemented to improve student success. In addition, a new self evaluation and quality improvement process was introduced throughout the organisation in 2009 â&#x20AC;&#x201C; 2010. The focus of these quality processes was to improve educational outcomes for students. These quality improvement processes continue to contribute to quality outcomes in 2010. The polytechnicâ&#x20AC;&#x2122;s total programme portfolio changes every year, as some new programmes are introduced and others are no longer offered. These changes in the total programme portfolio contributed to some variation in student performance statistics from one year to another as illustrated in the following graph.

Student success rate

2006

2007

2008

2009

2010

71%

72%

73%

76%

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

Objective 4 Achieve targets for progression of surveyed graduates into employment or further study

Target: 87% Achieved: 87% Performance achievement: this objective was achieved. During 2010, 87% of surveyed graduates from 2009 were in paid employment or undertaking further study. Whitireia conducts an annual survey of graduates to assess whether the expectations of graduates have been fulfilled (refer to Performance Measures Definitions for more information). Feedback from graduates is analysed and incorporated into plans for improvement to ensure programmes continue to meet and exceed student and employer requirements. In 2010 as in previous years, a high proportion of graduates gained employment or progressed to further study after they left Whitireia.

Graduates in paid employment and/or further education

2006

2007

2008

2009

2010

81%

85%

89%

86%

87%

Objective 5 Achieve targets for surveyed learner satisfaction with their programmes

Target: 87% Achieved: 88% Performance achievement: this objective was achieved. In 2010, 88% of the students surveyed were satisfied or very satisfied with the overall quality of their learning programmes. The survey is conducted throughout Whitireia between May and June (refer to Performance Measures Definitions for more information). This provided students an avenue to express their views of the programme they were enrolled in and services provided by Whitireia. The survey results are analysed and then plans are made to improve performance in any areas identified as a concern. The survey methodology changed in 2009 to update survey questions and to provide a wider range of responses for students. The aim was to better understand student satisfaction at Whitireia. This change in methodology accounts for the apparent drop in overall student satisfaction rates between 2006 â&#x20AC;&#x201C; 2008 and 2009 â&#x20AC;&#x201C; 2010.

Student satisfaction survey

2006

2007

2008

2009

2010

Well organised

84%

85%

82%

74%

78%

Useful content

98%

97%

94%

Standard of teaching

92%

90%

83%

84%

Assessments returned within agreed timeframe

88%

89%

84%

73%

77%

Helpful feedback on work

94%

95%

93%

87%

Overall learning experience

91%

94%

91%

88%

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

Objective 6 Achieve targets for surveyed employer satisfaction with graduates in their employment

Target: 87% Achieved: 93% Performance achievement: this objective was achieved. In 2010, Whitireia achieved and exceeded the target for 87% of surveyed employers to be satisfied with the performance of the graduates in their employment. During 2010, employers were surveyed to assess their satisfaction with graduates from Whitireia and the relevance of Whitireia qualifications for their business (refer to Performance Measures Definitions for more information). These employers were very satisfied with the performance of the graduates in their employment. Employer satisfaction has remained high over the past five years as demonstrated in the table below.

Employer survey

2006

2007

2008

2009

2010

Ability to do the job

100%

92%

94%

96%

93%

Relevance of qualification

93%

96%

94%

100%

Level of job skills

100%

96%

94%

100%

97%

Level of job knowledge

100%

94%

96%

93%

Attitude to the job

100%

96%

100%

96%

Work ethics

100%

92%

100%

96%

Work with minimal supervision

100%

92%

100%

91%

85%

Work well as a team member

100%

96%

100%

96%

88%

Objective 7 Whitireia decision-making processes reflect our commitment to Te Tiriti o Waitangi

Target: Tangata Whenua represented on all major decision-making committees. Achieved: Tangata Whenua represented on all major decision-making committees. Performance achievement: this objective was achieved. In 2010 the following major-decision making committees had the following number of Tangata Whenua representatives:

Council

4 members (1 January to 30 April 2010)

Council

2 members (1 May to 31 December 2010)

Senior Management Team

2 members

Academic Board

2 members

Academic Standards Committee

2 members

The change in Tangata Whenua members on Council reflects the changes implemented by Government on Council composition.

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

Government Priority Increase the achievement of advanced trade, technical and professional qualifications to meet regional and national industry needs

Objective 8 Increase EFTS for students enrolled in advanced trade, technical and professional qualifications

Target: Increase from 2009 to 2010 Achieved: Increase from 69% to 71% Performance achievement: this objective was achieved. In 2010, Whitireia achieved an increase from 69% to 71% in the proportion of students studying for advanced trades, technical and professional qualifications. This result reflects an increase in higher level study at Whitireia. For example, a new Bachelor of Nursing MÄ ori degree and additional diplomas were taught in 2010, which increased the number of students studying at this level (refer to Performance Measures Definitions for more information).

EFTS in advanced trade, technical and professional qualifications

2006

2007

2009

2008

2010

63%

59%

69%

67%

71%

Objective 9 Increase course completion rates for students enrolled in advanced trade, technical and professional qualifications

Target: Increase from 2009 to 2010 Achievement: Increase from 85% to 92% Performance achievement: this objective was achieved. The course completion (retention) rate for this group of students increased from 2009 to 2010. In 2010, 92% of students completed courses leading to advanced trade, technical and professional qualifications. This result reflects the student support provided by teachers and all staff, as well as the polytechnicâ&#x20AC;&#x2122;s quality monitoring and quality improvement processes (refer to Performance Measures Definitions for more information). The polytechnicâ&#x20AC;&#x2122;s total programme portfolio changes every year, as some new programmes are introduced and others are no longer offered. These changes in total programme portfolio contributed to some variation in student performance statistics from one year to another as illustrated in the following graph.

Student course completion rate in advanced trade, technical and professional qualifications

2006

2007

2008

2009

2010

83%

85%

87%

85%

92%

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

Government Priority Extend the reach into higher levels of learning

Objective 10 Increase EFTS for students in certificates, diplomas and degrees at level 4 and above

Target: EFTS increased over 2009 level Achieved: Increase from 69% to 71% Performance achievement: this objective was achieved. The target for increased enrolments at level 4 and above was achieved, with an increase from 69% to 71% between 2009 and 2010. This is consistent with the polytechnicâ&#x20AC;&#x2122;s aim of educating more students at higher education levels in order to improve the skill base and employment prospects of our graduates. In 2010, five new programmes were developed at level 4 and above and this should lead to continued transitions from level 1 to 3 into level 4 and above, as the new programmes mature.

EFTS enrolled in level 4 qualifications and above

2006

2007

2008

2009

2010

63%

59%

67%

69%

71%

Objective 11 Increase course completion rates for students in certificates, diplomas and degrees at level 4 and above

Target: Completions increase over 2009 level Achieved: Increase from 85% to 92% Performance achievement: this objective was achieved. The retention (course completion) rate for this group of students was achieved and exceeded. In 2010, 92% of students completed courses leading to higher level certificates, diplomas and degrees at level 4 and above on the National Qualification Framework. This result reflects an overall increase in improvement in course completion rates for the polytechnic as a whole. It also reflects the student support provided by teachers and all staff, as well as the polytechnicâ&#x20AC;&#x2122;s quality monitoring and improvement processes. The polytechnicâ&#x20AC;&#x2122;s total programme portfolio changes every year, as some new programmes are introduced and others are no longer offered. These changes in total programme portfolio contributed to some variation in student performance statistics from one year to another as illustrated in the following graph.

Student completion rate at level 4 qualifications and above

2006

2007

2008

2009

2010

83%

85%

87%

85%

92%

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

Objective 12 Increase qualification award rates for students in certificates, diplomas and degrees at level 4 and above

Target: Qualification awards increase over 2009 level Achieved: Increase from 53% to 59% Qualification awards at level 4 and above increased from 2009 to 2010, as measured at the same time in both years. At the time of this Annual Report, qualification completions were not fully finalised for the previous year. Therefore, the number of completed qualifications for 2010 is still likely to rise. As the following graph shows, qualification award rates at level 4 and above peaked in 2008 and decreased in 2009. This was because the polytechnic offered some level 4 qualifications in 2008 that were no longer offered in 2009. In the long-term, there is a trend for more students to study for degree qualifications and qualification award rates for degrees and postgraduate qualifications (levels 7-8) have continued to increase over recent years. We note that the Whitireia Annual Report 2009 reported on qualification completions for finalised years only. This Annual Report 2010 reports on qualification completions at the same time of the year, including 2010 which has not yet been fully finalised. The reason for this change is to provide more up-to-date information about qualification completion rates, including the latest information for 2010.

Qualification award rates at level 4 and above

2006

2007

2008

2009

2010

51%

58%

69%

53%

59%

Government Priority Build a role as a regional facilitator, providing support to the system at a regional level, through building a shared understanding about the tertiary education needs of local communities and industries

Objective 13 Provide updated Regional Facilitation Reports for the Greater Wellington region, after consultation with regional stakeholders and in collaboration with WelTec

Performance achievement: updated Wellington Regional Facilitation Report was used for 2010. In 2009, a Wellington Regional Facilitation Report was jointly prepared by Whitireia and Wellington Institute of Technology (WelTec). This report analysed demographic data, workforce requirements and tertiary education provision for the Greater Wellington region. Whitireia used this Wellington Regional Facilitation Report in its planning for 2010. From 2008-2009, the Tertiary Education Commission (TEC) required polytechnicâ&#x20AC;&#x2122;s and Institutes of Technology to provide Regional Facilitation Reports as part of the Investment Planning process. In 2010, however, changes were made in Investment Plan requirements. As a result, TEC no longer requires Regional Facilitation Reports.

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

Objective 14 Participate in collaborative ventures with providers in the Greater Wellington region e.g. through the Wellington Regional Polytechnic Federation (WRPF)

Performance achievement: regional collaborative projects were completed in 2010. The Wellington Regional Polytechnic Federation (WRPF) was a regional collaboration that started in 2006 and included Whitireia Community Polytechnic, Wellington Institute of Technology and The Open Polytechnic of New Zealand. In 2010, WRPF projects were completed and the WRPF is no longer operational in its original form. However, Whitireia continued to collaborate with other providers in the Wellington region in 2010 for example: • The Academic Boards of Whitireia Community Polytechnic and Wellington Institute of Technology worked together to review the programme portfolios of both organisations and found their programme delivery in the Wellington region was mainly complementary. Senior staff of each organisation also identified student pathways between both organisations and other forms of collaboration in the following areas: Creative Arts, English as a Second Language, Social Work, Information Technology, Hairdressing and Beauty Services and International Marketing. • Whitireia Community Polytechnic worked with The Open Polytechnic of New Zealand in 2010 to develop a collaborative agreement for international marketing and delivery of programmes of study for international students in their home countries. • Whitireia Community Polytechnic, Wellington Institute of Technology and The Open Polytechnic of New Zealand have all purchased a common Human Resources and payroll system and implemented this in 2010. • Whitireia Community Polytechnic, Wellington Institute of Technology and The Open Polytechnic of New Zealand worked with a common Records Management System in 2010. • Whitireia Community Polytechnic and The Open Polytechnic of New Zealand jointly tendered for a cleaning contract and this common cleaning contract was in effect in 2010. • Whitireia Community Polytechnic and Wellington Institute of Technology jointly tendered for a travel management provider and both organisations used the same travel firm and processes in 2010. • Whitireia Community Polytechnic and the Wellington Institute of Technology are both implementing the eMission initiative to reduce environmental impacts of business.

Performance Measures Definitions Performance measures that the Council considers will enable the preparation of a Statement of Service Performance for the purposes of Section 159YD.2 (a) of the Public Finance Act are listed below.

Students enrolled Expressed as equivalent full-time students (EFTS) for the polytechnic

Completion rate (students complete the course and either successfully pass or do not pass the course) Completion rate % =

number of students who complete the course

number of students who enrolled in the course

x 100

Data used as reported in the Single Data Return as submitted to the Ministry of Education in January 2011

Success rate (students complete the course and successfully pass the course) Success rate %

number of students who meet the course requirements number of students who enrolled in the course

x 100

(“Success” is as defined in the programme approved by the Academic Board and as indicated in information provided for students) Data used as reported in the Single Data Return as submitted to the Ministry of Education in January 2011

Levels of study refer to the National Qualification Framework. For more information visit NZQA website: http://www.nzqa.govt.nz/studying-in-new-zealand/nzqf/nzqf-levels “Advanced trade, technical and professional qualifications” are qualifications on the National Qualification Framework at level 4 and above. Performance measures for students at this level are expressed as a percentage of total polytechnic EFTS (equivalent full-time students).

Student satisfaction rating

Satisfaction rating % =

number of responses of satisfactory or better

total number of responses

x 100

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

Timelines measure percentage of programmes completed by dates specified to students in pre-programme information Quantity measures are EFTS target as indicated for the polytechnic Quality measures are completion rates, success rates and student satisfaction rates Student Satisfaction Survey The survey was carried out over a period of four weeks during May to June 2010 at all Whitireia campuses within New Zealand. Over 120 programme offerings and 2,150 students participated in the paper based survey conducted during class time by staff who were not affiliated with the programme of study. Results were entered into a database, analysed and reported back to the Faculty Deans, Programme Managers, Executive Team and Whitireia Council. Graduate Satisfaction Survey The survey was carried out over a period of three weeks in April 2010 by phoning all domestic graduates. 48% of the 1,527 domestic graduates participated in the graduate survey. Results were entered into a database, analysed and reported back to the Faculty Deans, Programme Managers, Executive Team and Whitireia Council. Employer Satisfaction Survey This phone based survey was carried out on 5 May 2010. The employer details were obtained from graduates as recorded in the graduate survey completed in April 2010. In 2010, graduates identified 96 employers and 31% of these employers agreed to participate in the survey.

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

2010 FINANCIAL STATEMENTS The accompanying accounting policies and notes form an intergral part of these financial statements.

FINANCIAL STATEMENTS

STATEMENT OF FINANCIAL PERFORMANCE for the year ended 31 December 2010 Note

Polytechnic

Group

Actual 2010 $’000

Budget 2010 $’000

Actual 2009 $’000

Actual 2010 $’000

Actual 2009 $’000

Revenue Government grants

26,390

24,041

26,569

26,886

26,829

Tuition fees

23,977

23,118

19,297

24,939

19,528

707

401

488

726

507

3,492

5,915

4,140

3,639

4,318

54,566

53,475

50,494

56,190

51,182

Interest income Revenue from other operating activities

Total Revenue Operating Expenses Personnel costs

27,628

26,992

25,242

28,725

25,763

Depreciation expenses

3,198

3,221

3,743

3,259

3,777

Amortisation expenses

198

Course related expenses

2,751

3,169

2,614

2,828

2,524

Occupancy costs

4,033

3,594

3,101

4,354

3,399

Project expenditure

5,287

6,879

6,686

5,425

6,730

Trading activities Other expenses Total Operating Expenses Surplus

357

412

390

358

392

7,341

7,800

6,761

7,599

6,993

50,793

52,165

48,626

52,746

49,667

3,773

1,310

1,868

3,444

1,515

The accompanying accounting policies and notes form an integral part of these financial statements.

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

STATEMENT OF COMPREHENSIVE INCOME for the year ended 31 December 2010 Note

Surplus / (Deficit)

Polytechnic

Group

Actual 2010 $’000

Budget 2010 $’000

Actual 2009 $’000

Actual 2010 $’000

Actual 2009 $’000

3,773

1,310

1,868

3,444

1,515

(2,620)

(1,119)

(2,620)

(1,119)

(2,620)

(1,119)

(2,620)

(1,119)

1,153

1,310

749

824

396

Other Comprehensive Income Loss on property revaluations

Total Other Comprehensive Income Total Comprehensive Income

Statement of CHANGES IN EQUITY for the year ended 31 December 2010 Note

Balance at 1 January

Polytechnic

Group

Actual 2010 $’000

Budget 2010 $’000

Actual 2009 $’000

Actual 2010 $’000

Actual 2009 $’000

62,651

63,169

61,902

62,549

62,153

3,773

1,310

1,868

3,444

1,515

Comprehensive income Surplus / (Deficit) Other comprehensive income

(2,620)

(1,119)

(2,620)

(1,119)

Total comprehensive income

1,153

1,310

749

824

396

450

64,254

64,479

62,651

63,823

62,549

Capital contributions from the Crown Balance at 31 December

The accompanying accounting policies and notes form an integral part of these financial statements.

STATEMENT OF FINANCIAL POSITION as at 31 December 2010 Note

Polytechnic

Group

Actual 2010 $’000

Budget 2010 $’000

Actual 2009 $’000

Actual 2010 $’000

Actual 2009 $’000

ASSETS Current Assets Cash and cash equivalents

6,541

10,195

5,760

7,168

6,230

Debtors and other receivables

3,184

949

725

3,219

930

Inventory

172

338

1,226

790

11,000

6,000

11,316

6,299

22,123

11,549

13,341

21,875

13,525

Prepayments Loan to controlled entities Current portion of financial assets in the nature of investments Total Current Assets Non-Current Assets Financial assets in the nature of investments

756

110

Property, plant and equipment

55,751

63,212

61,245

55,842

61,314

Intangible assets

213

345

316

973

316

Investment properties

255

Property held for sale Total Non-Current Assets TOTAL ASSETS

275

255

275

1,650

58,645

63,922

61,926

58,750

61,895

80,768

75,471

75,267

80,625

75,420

LIABILITIES Current Liabilities Creditors and other payables

2,925

2,177

2,389

3,021

2,481

Revenue received in advance

10,401

6,500

7,649

10,401

7,649

Special accounts

216

196

Employee entitlements

2,721

2,000

2,213

2,793

2,251

16,143

10,727

12,325

16,431

12,577

293

265

215

293

215

Total Current Liabilities Non-Current Liabilities Employee entitlements

Finance lease Provisions

Total Non-Current Liabilities

371

265

291

371

294

TOTAL LIABILITIES

16,514

10,992

12,616

16,802

12,871

NET ASSETS

64,254

64,479

62,651

63,823

62,549

EQUITY General funds

43,363

39,849

39,140

42,919

39,024

Property revaluation reserve

20,891

24,630

23,511

20,891

23,511

Restricted reserves

64,254

64,479

62,651

63,823

62,549

TOTAL EQUITY 38

The accompanying accounting policies and notes form an integral part of these financial statements.

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

STATEMENT OF CASH FLOWS for the year ended 31 December 2010 POLYTECHNIC

GROUP

Actual 2010 $’000

Budget 2010 $’000

Actual 2009 $’000

Actual 2010 $’000

Actual 2009 $’000

Receipt of government grants

26,382

25,814

25,698

26,878

25,959

Receipt of student tuition fees

24,363

23,669

21,153

25,423

21,322

3,492

4,402

4,140

3,639

4,408

668

401

448

759

467

Cash Flows from Operating Activities

Receipt of other ancilliary income Interest received GST

293

141

242

212

Payments to employees

(27,042)

(26,991)

(24,724)

(28,105)

(25,207)

Payments to suppliers

(19,654)

(21,918)

(18,812)

(20,395)

(19,440)

8,502

5,377

8,044

8,441

7,721

(2,502)

(3,858)

(2,478)

(2,590)

(2,581)

(95)

(142)

(103)

(855)

(103)

(59)

(6,082)

(6,790)

(5,017)

(5,904)

509

(15)

(8,170)

(4,000)

(9,371)

(7,953)

(8,662)

Net Cash Flows from Operating Activities Cash Flows from Investing Activities Purchase of property, plant and equipment Purchase of intangible assets Purchase of goodwill Purchase of financial assets in the nature of investments Proceeds from sale of property, plant and equipment Sales of financial assets in the nature of investments Net Cash Flows from Investing Activities Cash Flows from Financing Activities Finance lease funds provided

Capital contribution

450

Net Cash Flows from Financing Activities

450

Net increase / (decrease) in cash and cash equivalents

782

1,377

(1,327)

938

(938)

5,759

8,818

7,087

6,230

7,168

6,541

10,195

5,760

7,168

6,230

Cash and cash equivalents at the beginning of the financial year Cash and Cash Equivalents at the End of the Period

The GST (net) component of operating activities reflects the net GST paid and received with the or by the Inland Revenue Department. The GST (net) component has been presented on a net basis, as the gross amounts do not provide meaningful information for financial statement purposes.

The accompanying accounting policies and notes form an integral part of these financial statements.

Reconciliation from the net (deficit) / surplus to the net cash flows from operations

POLYTECHNIC

GROUP

2010 $’000

2009 $’000

2010 $’000

2009 $’000

3,773

1,868

3,444

1,515

Depreciation

3,198

3,743

3,259

3,777

Amortisation

198

3,396

3,832

3,457

3,925

(106)

(10)

(106)

(11)

(2,457)

326

(2,289)

135

362

536

363

541

460

2,752

778

2,752

778

Surplus / (Deficit) from the statement of comprehensive income Adjustments for:

Fair value increase in investments Total non-cash items Add / Less movements in working capital items (Increase) / Decrease in inventories (Increase) / Decrease in trade and other receivables (Increase) / Decrease in prepayments Increase / (Decrease) in trade and other payables Increase / (Decrease) in revenue received in advance Increase / (Decrease) in provisions Net movement in working capital items Net cash flow from operating activities

608

525

642

557

1,333

2,344

1,540

2,281

8,502

8,044

8,441

7,721

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

NOTES TO THE FINANCIAL STATEMENTS 1. Statement of accounting policies for the year ended 31 December 2010 REPORTING ENTITY Whitireia Community Polytechnic (the polytechnic) is a TEI domiciled in New Zealand and is governed by the Crown Entities Act 2004 and the Education Act 1989. The polytechnic and group consists of Whitireia Community Polytechnic and its subsidiaries, Whitireia Performing Arts Company Limited (100% owned), New Zealand Radio Training School (2003) Limited (100% owned) and Whitireia Foundation (100% interest). All subsidiaries are incorporated and domiciled in New Zealand. The polytechnic has consolidated the accounts of the Whitireia Foundation for financial reporting purposes because in substance, the polytechnic predetermined the objectives of the Foundation at establishment and benefits from the Foundationâ&#x20AC;&#x2122;s complementary activities. The primary objective of the polytechnic and group is to provide tertiary education services for the benefit of the community rather than making a financial return. Accordingly, the polytechnic has designated itself and the group as public benefit entities for the purposes of New Zealand equivalents to International Financial Reporting Standards (NZ IFRS). The financial statements of the polytechnic and group are for the year ended 31 December 2010. The financial statements were authorised for issue by the Council on 27 April 2011.

BASIS OF PREPARATION Statement of compliance The financial statements of the polytechnic and group have been prepared in accordance with the requirements of the Crown Entities Act 2004 and the Education Act 1989, which includes the requirement to comply with New Zealand generally accepted accounting practice (NZ GAAP). These financial statements have been prepared in accordance with NZ GAAP. They comply with NZ IFRS, and other applicable financial reporting standards as appropriate for public benefit entities. Measurement base The financial statements have been prepared on a historical cost basis, modified by the revaluation of investment properties, assets classified as held for sale, land and buildings. Functional and presentation accuracy The financial statements are presented in New Zealand dollars and all values are rounded to the nearest thousand dollars ($000). The functional currency of the polytechnic and its subsidiaries is New Zealand Dollars (NZ$). Changes in accounting policies There have been no changes in accounting policies during the financial year. The polytechnic and group has early adopted the amendments to NZ IFRS 7. The effect of early adopting these amendments is the following information is no longer disclosed:

•

The carrying amount of financial assets that would otherwise be past due or impaired whose terms have been renegotiated and

•

The maximum exposure to credit risk by class of financial instrument if the maximum credit risk exposure is best represented by their carrying amount

The polytechnic and group has adopted the following revisions to accounting standards during the financial year which have only had a presentational or disclosure effect: •

NZ IFRS 3 Business Combinations (Revised 2007) and the amended NZ IAS 27 Consolidated and Separate Financial Statements (Revised 2007) are effective for reporting periods beginning on or after 1 July 2009 and must be applied prospectively from that date. The main changes the revised NZ IFRS 3 and amended NZ IAS 27 will make to existing requirements or practise are: • Acquisition-related costs – Acquisition-related costs are generally recognised as expenses (rather than included in the cost of acquisition). • Contingent consideration - Contingent consideration must be recognised and measured at fair value at the acquisition date. Subsequent changes in fair value are recognised in accordance with other NZ IFRS, usually in the surplus or deficit (rather than by adjusting the cost of acquisition).

Standards, amendments and interpretations issued that are not yet effective and have not been early adopted Standards, amendments and interpretations issued that are not yet effective and have not been early adopted, and are relevant to the polytechnic and group are: •

NZ IAS 24 Related Party Disclosures (Revised 2009) replaces NZ IAS 24 Related Party Disclosures (Issued 2004) and will be applied for the first-time in the polytechnic and group’s 31 December 2011 financial statements. The revised standard: • Removes the previous disclosure concessions applied by the Institute for arms-length transactions between the institute and entities controlled or significantly influenced by the Crown. The effect of the revised standard is that more information is required to be disclosed about transactions between the institute and entities controlled or significantly influenced by the Crown. • Clarifies that related party transactions include commitments with related parties.

•

NZ IFRS 9 Financial Instruments will eventually replace NZ IAS 39 Financial Instruments: Recognition and Measurement. NZ IAS 39 is being replaced through the following 3 main phases: Phase 1 Classification and Measurement, Phase 2 Impairment Methodology and Phase 3 Hedge Accounting. Phase 1 on the classification and measurement of financial assets has been completed and has been published in the new financial instrument standard NZ IFRS 9. NZ IFRS 9 uses a single approach to determine whether a financial asset is measured at amortised cost or fair value, replacing the many different rules in NZ IAS 39. The approach in NZ IFRS 9 is based on how an entity manages its financial instruments (its business model) and the contractual cash flow characteristics of the financial assets. The new standard also requires a single impairment method to be used, replacing the many different impairment methods in NZ IAS 39. The new standard is required to be adopted for the year ended 31 December 2013. The polytechnic and group has not yet assessed the impact of the new standard and expects it will not be early adopted.

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

SIGNIFICANT ACCOUNTING POLICIES Basis of consolidation The purchase method is used to prepare the group financial statements, which involves adding together like items of assets, liabilities, equity, income, expenses and cash flows on a line-by-line basis. All significant intragroup balances, transactions, income and expenses are eliminated on consolidation. Subsidiaries The polytechnic consolidates in the group financial statements all entities where the polytechnic has the capacity to control the financing and operating policies of an entity so as to obtain benefits from the activities of the entity. This power exists where the polytechnic controls the majority voting power on the governing body or where such policies have been irreversibly predetermined by the polytechnic or where the determination of such policies is unable to materially impact the level of potential ownership benefits that arise from the activities of the subsidiary. The cost of a business combination is measured as the aggregate of the fair values, at the date of exchange, of assets given, liabilities incurred or assumed, in exchange for control of the subsidiary plus any costs directly attributable to the business combination. Any excess of the cost of the business combination over the polytechnicâ&#x20AC;&#x2122;s interest in the net fair value of the identifiable assets, liabilities, and contingent liabilities is recognised as goodwill. If the polytechnicâ&#x20AC;&#x2122;s interest in the net fair value of the identifiable assets, liabilities, and contingent liabilities recognised exceeds the cost of the business combination, the difference will be recognised immediately in the surplus or deficit as a bargain purchase. Investments in subsidiaries are carried at cost in the polytechnicâ&#x20AC;&#x2122;s parent entity financial statements. Revenue Revenue is measured at the fair value of consideration received or receivable. Government grants Government grants are recognised as revenue upon entitlement. Student tuition fees Student tuition fees are recognised as revenue on a course percentage of completion basis. The percentage of completion is measured by reference to the days of the course completed as a proportion of total course days. Sale of goods Revenue from sale of goods is recognised when the product is sold to a customer. Interest and dividends Interest income is recognised using the effective interest method. Dividends are recognised when the right to receive payment has been established. Leases Finance leases A finance lease is a lease that transfers to the lessee substantially all the risks and rewards incidental to ownership of an asset, whether or not title is eventually transferred.

At the commencement of the lease term, finance leases are recognised as assets and liabilities in the statement of financial position at the lower of the fair value of the leased item or the present value of the minimum lease payments. The finance charge is charged to the surplus or deficit over the lease period so as to produce a constant periodic rate of interest on the remaining balance of the liability. The amount recognised as an asset is depreciated over its useful life. If there is no certainty as to whether the polytechnic and group 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. Operating lease An operating lease is a lease that does not transfer substantially all the risks and rewards incidental to ownership of an asset. Lease payments under an operating lease are recognised as an expense on a straight-line basis over the lease term. Cash and cash equivalents Cash and cash equivalents includes cash on hand, deposits held at call with banks other short-term highly liquid investments with original maturities of three months or less. Debtors and other receivables Debtors and other receivables are initially measured at fair value and subsequently measured at amortised cost using the effective interest method, less any provision for impairment. Other financial assets Financial assets are initially recognised at fair value plus transaction costs unless they are carried at fair value through surplus or deficit in which case the transaction costs are recognised in the surplus or deficit. Financial assets are derecognised when the rights to receive cash flows from the financial assets have expired or have been transferred and the polytechnic and group has transferred substantially all the risks and rewards of ownership. Financial assets are classified, for the purposes of measurement, as loans and other receivables. Classification of the financial asset depends on the purpose for which the instruments were acquired. Loans and receivables are non-derivative financial assets with fixed or determinable payments that are not quoted in an active market. They are included in current assets, except for maturities greater than 12 months after the balance date, which are included in non-current assets. Related party receivables that are repayable on demand are classified as a non-current asset because repayment of the receivable is not expected within 12 months of the balance date. After initial recognition loans and receivables are measured at amortised cost using the effective interest method less any provision for impairment. Gains and losses when the asset is impaired or derecognised are recognised in the surplus or deficit.

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

Impairment of financial assets At each balance date, the polytechnic and group assesses whether there is any objective evidence that a financial asset or group of assets is impaired. Any impairment losses are recognised in surplus or deficit. Loans and receivables (including cash and cash equivalents and debtors and other receivables) Impairment of a loan or a receivable is established when there is objective evidence that the polytechnic and group will not be able to collect amounts due according to the original terms of the debt. Significant financial difficulties of the debtor, probability that the debtor will enter into bankruptcy and the default in payments are considered indicators that the asset is impaired. The amount of the impairment is the difference between the assetâ&#x20AC;&#x2122;s carrying amount and the present value of estimated future cash flows, discounted using the original effective interest rate. For debtors and other receivables, the carrying amount of the asset is reduced through the use of an allowance account, and the amount of the loss is recognised in the surplus or deficit. When the receivable is uncollectible, it is written-off against the allowance account. Overdue receivables that have been renegotiated are reclassified as current (i.e. not past due). For other financial assets, impairment losses are recognised directly against the instruments carrying amount. Financial assets at fair value through other comprehensive income For equity investments, a significant or prolonged decline in the fair value of the investment below its cost is considered objective evidence of impairment. For debt investments, significant financial difficulties of the debtor, probability that the debtor will enter into bankruptcy and default in payments are considered objective indicators that the asset is impaired. If impairment evidence exists for investments at fair value through other comprehensive income, the cumulative loss (measured as the difference between the acquisition cost and the current fair value, less any impairment loss on that financial asset previously recognised in the surplus or deficit) recognised in other comprehensive income is reclassified from equity to the surplus or deficit. Equity instrument impairment losses recognised in the surplus or deficit are not reversed through the surplus or deficit. If in a subsequent period the fair value of a debt instrument increases and the increase can be objectively related to an event occurring after the impairment loss was recognised, the impairment loss is reversed in the surplus or deficit. Inventories Inventories held for distribution or consumption in the provision of services that are not supplied in a commercial basis are measured at cost (using the FIFO method), adjusted when applicable, for any loss of service potential. Where inventories are acquired at no cost or for nominal consideration, the cost is the current replacement cost at the date of acquisition. The amount of any write-down for the loss of service potential or from cost to net realisable value is recognised in the surplus or deficit in the period of the write-down.

Property, plant and equipment Property, plant and equipment consists of the following asset classes land, buildings, plant and machinery, motor vehicles, computer hardware, furniture and fittings, library collection, office equipment, teaching equipment, leasehold improvements, communication systems and signage. Land is measured at fair value and buildings and improvements are measured at fair value less accumulated depreciation and impairment losses. All other asset classes are measured at cost or valuation, less any accumulated depreciation and impairment losses. Revaluations Land, buildings and improvements are revalued with sufficient regularity to ensure that the carrying amount does not differ materially from fair value and at least every three years. The carrying values of revalued assets are assessed biannually by independent valuers to ensure that they do not differ materially from fair value. If there is evidence supporting a material difference, then the off-cycle asset classes are revalued. Property, plant and equipment revaluation movements are accounted for on a class of asset basis. The net revaluation results are credited or debited to other comprehensive income and is accumulated to an asset revaluation reserve in equity for that class of asset. Where this would result in a debit balance in the asset revaluation reserve, this balance is not recognised in other comprehensive income but is recognised in the surplus or deficit. Any subsequent increase on revaluation that off-sets a previous decrease in value recognised in the surplus or deficit will be recognised first in the surplus or deficit up to the amount previously expensed, and then recognised in other comprehensive income. Additions The cost of an item of property, plant and equipment is recognised as an asset if, and only if, it is probable that future economic benefits or service potential associated with the item will flow to the polytechnic and group and the cost of the item can be measured reliably. Work in progress is recognised at cost less impairment and is not depreciated. In most instances, an item of property, plant and equipment is initially recognised at its cost. Where an asset is acquired at no cost, or for a nominal cost, it is recognised at fair value as at the date of acquisition. Disposals Gains and losses on disposals are determined by comparing the disposal proceeds with the carrying amount of the asset. Gains and losses on disposals are reported net in the surplus or deficit.

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

Depreciation Depreciation is provided on a straight-line basis on all property, plant and equipment other than land at rates that will write off the cost, (or valuation) of the assets to their residual values over their useful lives. The useful lives and associated depreciation rates of major classes of assets have been estimated as follows:

ASSET CLASS

LIFE

RATE

Buildings

10-50 years

2% - 10% per annum

Plant & machinery

8-10 years

10% - 12.5% per annum

Motor vehicles

5 years

20% per annum

Computer hardware

4 years

25% per annum

Furniture & fittings

10 years

10% per annum

Library collection

5-8 years

12.5% - 20% per annum

Office equipment

5 years

20% per annum

Teaching equipment

5 years

20% per annum

Leasehold improvements

1-12 years (2009: 3-7 years)

8% - 100% per annum (2009: 15% - 33%)

Communication systems

5 years

20% per annum

Signage

4 years

25% per annum

Leasehold improvements are depreciated over the unexpired period of the lease or the estimated useful lives of the improvements, whichever is the shorter. The residual value and useful life of an asset is reviewed and adjusted if applicable, at each financial year end. Intangible assets Software acquisition and development Acquired computer software licenses are capitalised on the basis of the costs incurred to acquire and bring to use to specific software. Costs that are directly associated with the development of software for internal use, are recognised as an intangible asset. Direct costs include the software development employee costs and an appropriate portion of relevant overheads. Staff training costs are recognised as an expense when incurred. Costs associated with maintaining computer software are recognised as an expense when incurred.

Course development costs Course development costs relate to development of educational courses and are capitalised if purchased wholly from other institutes of learning. No courses have been purchased as such at balance date. The amortisation period and amortisation method for each class of intangible asset having a finite life is reviewed at each financial year end. If the expected useful life or expected pattern of consumption is different from the previous assessment, changes are made accordingly. Gains or losses arising from de-recognition of an intangible asset are measured as the difference between the net disposal proceeds and the carrying amount of the asset and are recognised in the income statement when the asset is de-recognised. Amortisation The carrying value of an intangible asset with a finite life is amortised on a straight-line basis over its useful life. Amortisation begins when the asset is available for use and ceases at the date that the asset is derecognised. The amortisation charge for each period is recognised in the surplus or deficit. The useful lives and associated amortisation rates of major classes of intangible assets have been estimated as follows:

ASSET CLASS

LIFE

RATE

Computer software

5 years

20% per annum

Impairment of property, plant, equipment and intangible assets Intangible assets that have an indefinite useful life, or not yet available for use, are not subject to amortisation and are tested annually for impairment. Assets that have a finite useful life are reviewed for indicators of impairment at each balance date. When there is an indicator of impairment the asset’s recoverable amount is estimated. An impairment loss is recognised for the amount by which the asset’s carrying amount exceeds its recoverable amount. The 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 are not primarily dependent on the asset’s ability to generate net cash inflows and where the polytechnic and group would, if deprived of the asset, replace its remaining future economic benefits or service potential. The value in use for cash-generating assets is the present value of expected future cash flows. If an asset’s carrying amount exceeds its recoverable amount, the asset is impaired and the carrying amount is written-down to the recoverable amount. For revalued assets the impairment loss is recognised in other comprehensive income to the extent the impairment loss does not exceed the amount in the revaluation reserve in equity for that same class of asset. Where that results in a debit balance in the revaluation reserve, the balance is recognised in the surplus or deficit. For assets not carried at a revalued amount, the total impairment loss is recognised in the surplus or deficit. The reversal of an impairment loss on a revalued asset is credited to other comprehensive income and increases

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

the asset revaluation reserve for that class of asset. However, to the extent that an impairment loss for that class of asset was previously recognised in the surplus or deficit, a reversal of the impairment loss is also recognised in the surplus or deficit. For assets not carried at a revalued amount the reversal of an impairment loss is recognised in the surplus or deficit. Investment properties Properties held for sale or leased to third parties under operating leases are classified as investment property unless the property is held to meet service delivery objectives, rather than to earn rentals or for capital appreciation. Property held to meet service delivery objectives is classified as property, plant and equipment. Investment property is measured initially at its cost, including transaction cost. Subsequent to initial recognition investment properties is measured at fair value as determined annually by an independent valuer. Gains and losses arising from a change in the fair value of investment properties are recognised in the surplus and deficit. Creditors and other payables Creditors and other payables are initially measured at fair value and subsequently measured at amortised cost using the effective interest method. Employee entitlements Short-term employee entitlements Employee benefits that are due and settled within 12 months after the end of the period in which the employee renders the related service are measured at nominal values based on accrued entitlements at current rates of pay. These include salaries and wages and annual leave earned but not yet taken at balance date. Long-term employee entitlements Employee benefits that are due to be settled beyond 12 months after the end of period in which the employee renders the related service, such as long service leave and retirement gratuities, have been calculated on an actuarial basis. The calculations are based on: â&#x20AC;˘

Likely future entitlements accruing to staff, based on years of service, years to entitlement, the likelihood that staff will reach the point of entitlement and contractual entitlement information and

â&#x20AC;˘

The present value of the estimated future cash flows

Expected future payments are discounted using market yields on government bonds at balance date with terms to maturity that match, as closely as possible, the estimated future cash outflows for entitlements. The inflation factor is based on the expected long-term increase in remuneration for employees.

Presentation of employee entitlements Sick leave, annual leave, vested long service leave and non-vested long service leave and retirement gratuities expected to be settled within 12 months of the balance date, are classified as a current liability. All other employee entitlements are classified as a non-current liability. Superannuation schemes Defined contribution schemes Obligations for contributions to Kiwisaver and the Government Superannuation Fund are recognised as an expense in the surplus and deficit as incurred. Provision A provision is recognised for future expenditure of uncertain amount or timing when there is a present obligation (either legal or constructive) as a result of a past event, it is probable that expenditures will be required to settle the obligation and a reliable estimate can be made of the amount of the obligation. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the obligation. The increase in the provision due to the passage of time is recognised as an interest expense and is included as “finance costs”. Equity Equity is measured as the difference between total assets and total liabilities. Equity is disaggregated and classified into a number of components. The components of equity are: •

General funds

•

Property revaluation reserves

•

Fair value through comprehensive income reserves

•

Restricted reserves

Restricted reserves Restricted reserves are a component of equity generally representing a particular use to which various parts of equity have been assigned. Reserves may be legally restricted or created by the institute. Transfers from these reserves may be made only for certain specified purposes or when certain specified conditions are met. Property revaluation reserves This reserve relates to the revaluation of property, plant and equipment to fair value. Fair value through other comprehensive income reserves This reserve comprises the cumulative net change in the fair value of fair value through other comprehensive income instruments.

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

Goods and Services Tax (GST) All items in the financial statements are stated exclusive of GST, except for debtors and other receivables and creditors and other payables, which are presented on a GST inclusive basis. Where GST is not recoverable as input tax then it is recognised as part of the related asset or expense. The net amount of GST recoverable from, or payable to, the Inland Revenue Department (IRD) is included as part of receivables or payables in the statement of financial position. The net GST paid to, or received from, the IRD, including GST relating to investing and financing activities, is classified as net operating cash flow in the statement of cash flows. Commitments and contingencies are disclosed exclusive of GST. Income Tax The polytechnic is exempt from income tax. Accordingly, no provision has been made for income tax. Budget figures The budget figures are those that are approved by the Council at the start of the financial year. The budget figures have been prepared in accordance with NZ GAAP, using accounting policies that are consistent with those adopted by the Council in the preparation of the financial statements. Critical accounting estimates and assumptions In preparing these financial statements the group has made estimates and assumptions concerning the future. These estimates and assumptions may differ from the subsequent actual results. Estimates and assumptions are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are discussed below: Property revaluations Note 9 provides information about the estimates and assumptions exercised in the measurement of revalued land, buildings and improvements. Critical judgements in applying accounting policies Management have exercised the following critical judgements in applying accounting policies for the year ended 31 December 2010: Crown owned land and buildings Property in the legal name of the Crown that is occupied by the polytechnic and group is recognised as an asset in the statement of financial position. The polytechnic and group consider it has assumed all the normal risks and rewards of ownership of this property despite legal ownership not being transferred and accordingly it would be misleading to exclude these assets from the financial statements. Distinction between revenue and capital contributions Most Crown funding received is operational in nature and is provided by the Crown under the authority of an expense appropriation and is recognised as revenue. Where funding is received from the Crown under the authority of a capital appropriation, the polytechnic and group accounts for the funding as a capital contribution directly in equity. Information about capital contributions recognised in equity is disclosed in note 17.

Income POLYTECHNIC

2010 $’000

2009 $’000

2010 $’000

2009 $’000

18,010

16,493

18,506

16,753

6,261

5,958

6,261

5,958

Government Grants Student Achievement Component (SAC) funding Tertiary Education Organisation Capability (TEOC) funding Performance-based research funding Other grants Total Government Grants

ii.

GROUP

143

1,976

4,101

1,976

4,101

26,390

26,569

26,886

26,829

Tuition Fees POLYTECHNIC

Fees from domestic students Fees from international students Total Tuition Fees iii.

GROUP

2010 $’000

2009 $’000

2010 $’000

2009 $’000

10,276

8,522

11,239

8,753

13,701

10,775

13,700

10,775

23,977

19,297

24,939

19,528

Other Income POLYTECHNIC

Rental income Donations received Bookshop income Education service contracts Dividends Other income Total Other Income

Personnel Costs

GROUP

2010 $’000

2009 $’000

2010 $’000

2009 $’000

121

116

367

346

367

346

1,625

2,142

1,841

2,149

1,379

1,585

1,304

1,653

3,492

4,140

3,639

4,318

POLYTECHNIC

GROUP

2010 $’000

2009 $’000

2010 $’000

2009 $’000

Academic salaries

14,119

13,289

14,795

13,412

General salaries and wages

12,679

11,580

13,093

11,942

Defined contribution plan employer contributions Increase / (Decrease) in employee entitlements Total Personnel Costs

762

330

767

365

27,628

25,242

28,725

25,763

Employer contributions to defined contribution plans include contributions to Kiwisaver and the Government Superannuation Fund. 52

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

Other Expenses POLYTECHNIC

GROUP

2010 $’000

2009 $’000

2010 $’000

2009 $’000

- audit fees for financial statement audit

136

112

- audit fees for prior year

704

613

740

628

Fees to principal auditor:

Advertising and public relations Bad debts expensed Catering

200

161

202

161

2,013

1,591

2,013

1,591

Consultants and legal fees

336

284

344

288

Councillors fees

105

Fees and subscriptions

266

231

268

231

Graduation costs

125

154

131

154

Commissions

Staff awards

Information technology

980

1,055

994

1,056

Insurance premiums

174

162

177

162

Intangible asset impairment expense

New Zealand Qualifications Authority

180

Office costs

462

472

501

480

Operating lease payments

Other course related costs

Other occupancy costs

468

484

163

146

164

146

Travel and accommodation

577

415

594

417

Whitireia scholarships

137

Other operating expenses

766

465

927

578

7,341

6,761

7,599

6,993

Professional development fees Repairs and maintenance - information technology

Total Other Expenses

Cash and Cash Equivalents POLYTECHNIC

GROUP

2010 $’000

2009 $’000

2010 $’000

2009 $’000

Cash at bank and in hand

4,541

1,760

5,168

2,168

Term deposits with maturities less than three months

2,000

4,000

2,000

4,062

6,541

5,760

7,168

6,230

Total Cash and Cash Equivalents

The carrying value of cash at bank, call deposits and term deposits with maturities less than three months approximate their fair value.

Cash and cash equivalents include the following for the purposes of the statement of cash flows: POLYTECHNIC

Cash at bank and in hand Term deposits with maturities less than three months Total Cash and Cash Equivalents

GROUP

2010 $’000

2009 $’000

2010 $’000

2009 $’000

4,541

1,760

5,168

2,168

2,000

4,000

2,000

4,062

6,541

5,760

7,168

6,230

Debtors and Other Receivables POLYTECHNIC

GROUP

2010 $’000

2009 $’000

2010 $’000

2009 $’000

Student fee receivables

2,049

338

2,049

338

Net Student Fee Receivables

2,049

338

2,049

338

Student Receivables

Other Receivables Government grants Other debtors and receivables Total Debtors and Other Receivables

1,135

328

1,170

533

3,184

725

3,219

930

Fair value Student fees are due before a course commences or is due on enrolment if the course has already begun. Student fee receivables are non-interest bearing and are payable in full by course commencement date. Therefore, their carrying value approximates their fair value. Due to a change in accounting, 2011 student fees have been raised earlier, which has resulted in the increase in student fee receivables from the prior year. This is offset by an increase in revenue in advance as disclosed in note 14. Other receivables are non-interest bearing and are generally settled on 30-day terms. Therefore, the carrying value of other receivables approximates their fair value. For terms and conditions relating to related party receivables refer to note 21.

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

Inventories POLYTECHNIC

Held for resale Materials and consumables Total Inventories

GROUP

2010 $’000

2009 $’000

2010 $’000

2009 $’000

167

172

Financial Assets in the Nature of Investments POLYTECHNIC

GROUP

2010 $’000

2009 $’000

2010 $’000

2009 $’000

Effective Interest Rate %

Maturity

6,000

ASB - Foundation

5.5%

11-Oct-11

316

299

Bank of New Zealand

5.2%

Various

7,000

Kiwibank

5.0%

Various

4,000

11,000

6,000

11,316

6,299

746

100

756

110

CURRENT Deposits with banks National

NON-CURRENT Investment in controlled entity (at cost) Shares in unlisted entities (at cost)

The deposit with banks classified as current assets are those maturing within twelve months after the balance sheet date. The investment in controlled entities is for the Whitireia Performing Arts Company Limited (100% owned) and New Zealand Radio Training School Limited (100% owned).

(1,202)

50,286

Net Book Value

1,690

(3,435)

Accumulated Depreciation at 31 December 2010

Write up

Write down

338

1,062

(753)

(4,161)

5,125

203

Reclassifications

(2)

Revaluations

(1,201)

Current year depreciation

51,488

Disposals during the year

Accumulated Depreciation at 1 January 2010

Accumulated Depreciation

Cost / Valuation at 31 December 2010

0 0

Write down

Write up

(408)

(1,720)

(823)

Revaluations

Reclassifications

525 (1,063)

794 (510)

5,868

Additions during the year

53,747

$’000

Disposals during the year

Cost / Valuation at 1 January 2010

Cost / Valuation

Polytechnic

Computer hardware

Land & buildings

9. Property, Plant and Equipment

56 635

(1,190)

(3)

(205)

(121)

(861)

1,825

301

128

1,343

$’000

Furniture, fittings & artwork

851

(1,393)

(1)

(5)

(205)

(1,182)

2,244

226

1,928

$’000

Library collection

226

(521)

(138)

(67)

(354)

747

(23)

659

$’000

Plant & machinery

184

(500)

(34)

(78)

(396)

684

554

$’000

Motor vehicles

(339)

(9)

(156)

(39)

(135)

387

145

241

$’000

Office equipment

600

(1,436)

(6)

158

(256)

(1,332)

2,036

(9)

1,982

$’000

Teaching equipment

661

(1,302)

(992)

(381)

1,963

(18)

(1,180)

3,155

$’000

Leasehold improvements

(611)

(7)

105

(53)

(656)

700

(115)

789

$’000

Communication systems

(132)

(1)

(44)

(107)

140

(21)

157

$’000

Signage

473

(6)

473

$’000

55,751

(12,061)

(20)

178

(994)

1,062

(3,198)

(9,184)

67,812

357

(29)

(1,752)

(2,003)

(1,573)

2,383

70,429

$’000

Work in Total progress polytechnic

Transfers out

Net Book Value

Accumulated Depreciation at 31 December 2009 53,747

3,761

(1,916)

Current year depreciation

Disposals during the year

Revaluations

(1,845)

53,747

1,707

(4,161)

(681)

(3,480)

5,868

Accumulated Depreciation at 1 January 2009

Accumulated Depreciation

Cost / Valuation at 31 December 2009

762

5,106

(7,065)

Revaluations

856

Additions during the year

59,956

$’000

Disposals during the year

Cost / Valuation at 1 January 2009

Cost / Valuation

Polytechnic

Computer hardware

Land & buildings

482

(861)

(124)

(737)

1,343

1,286

$’000

Furniture, fittings & artwork

746

(1,182)

(231)

(951)

1,928

128

1,800

$’000

Library collection

305

(354)

(98)

(256)

659

610

$’000

Plant & machinery

158

(396)

(68)

(328)

554

507

$’000

Motor vehicles

106

(135)

(36)

(99)

241

111

130

$’000

Office equipment

650

(1,332)

(307)

(1,025)

1,982

338

1,644

$’000

Teaching equipment

3,155

992

(188)

(804)

3,155

1,180

1,955

$’000

Leasehold improvements

133

(656)

(65)

(591)

789

733

$’000

Communication systems

(107)

(29)

(78)

157

$’000

Signage

(36)

$’000

61,245

(9,184)

4,753

(3,743)

(10,194)

70,429

(36)

(5,885)

2,430

73,920

$’000

Work in Total progress polytechnic

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

0 (1,202) 50,286

Accumulated Depreciation at 31 December 2010

Net Book Value

Write up

1,697

(3,526)

338

1 0

Reclassifications

Write down

(77)

1,062

(767)

(4,161)

5,223

203

Adjustment on consolidation

(2)

Revaluations

(1,201)

Current year depreciation

51,488

Disposals during the year

Accumulated Depreciation at 1 January 2010

Accumulated Depreciation

Cost / Valuation at 31 December 2010

0 0

Write down

Write up

(408)

(1,720)

(823)

Revaluations

Reclassifications

623 (1,063)

794 (510)

5,868

Additions during the year

53,747

$’000

Disposals during the year

Cost / Valuation at 1 January 2010

Cost / Valuation

Group

Computer hardware

Land & buildings

9. Property, Plant, and equipment

58 653

(1,203)

(3)

(205)

(9)

(125)

(861)

1,856

301

155

1,347

$’000

Furniture, fittings & artwork

851

(1,393)

(1)

(5)

(205)

(1,182)

2,244

226

1,928

$’000

Library collection

226

(521)

(138)

(67)

(354)

747

(23)

659

$’000

Plant & machinery

184

(500)

(34)

(78)

(396)

684

554

$’000

Motor vehicles

(377)

(9)

(156)

(33)

(44)

(135)

438

145

241

$’000

Office equipment

637

(1,524)

(6)

158

(69)

(273)

(1,334)

2,161

(9)

138

2,032

$’000

Teaching equipment

677

(1,307)

(992)

(402)

(32)

1,984

(18)

(1,180)

(48)

3,203

$’000

Leasehold improvements

(611)

(7)

105

(53)

(656)

700

(115)

789

$’000

Communication systems

(132)

(1)

(44)

(107)

140

(21)

157

$’000

Signage

473

(6)

473

$’000

55,842

(12,296)

(20)

178

(188)

(994)

1,110

(3,259)

(9,218)

68,138

357

(29)

(1,752)

(2,003)

(1,621)

2,655

70,531

$’000

Work in Total progress polytechnic

Transfers out

Net Book Value

Accumulated Depreciation at 31 December 2009 53,747

3,761

(1,916)

Current year depreciation

Disposals during the year

Revaluations

(1,845)

53,747

1,707

(4,161)

(681)

(3,480)

5,868

Accumulated Depreciation at 1 January 2009

Accumulated Depreciation

Cost / Valuation at 31 December 2009

762

5,106

(7,065)

Revaluations

856

Additions during the year

59,956

$’000

Disposals during the year

Cost / Valuation at 1 January 2009

Cost / Valuation

Group

Computer hardware

Land & buildings

486

(861)

(124)

(737)

1,347

1,286

$’000

Furniture, fittings & artwork

746

(1,182)

(231)

(951)

1,928

128

1,800

$’000

Library collection

305

(354)

(98)

(256)

659

610

$’000

Plant & machinery

158

(396)

(68)

(328)

554

507

$’000

Motor vehicles

106

(135)

(36)

(99)

241

111

130

$’000

Office equipment

699

(1,334)

(309)

(1,025)

2,033

389

1,644

$’000

Teaching equipment

3,159

(32)

992

(220)

(804)

3,191

1,168

1,955

$’000

Leasehold improvements

133

(656)

(65)

(591)

789

733

$’000

Communication systems

(107)

(29)

(78)

157

$’000

Signage

(36)

$’000

61,314

(9,218)

4,753

(3,777)

(10,194)

70,532

(36)

(5,897)

2,545

73,920

$’000

Work in Total progress polytechnic

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

The reclassifications in the schedule above are required to align the fixed assets register with the general ledger to correct historical differences. Valuation Land Land is valued at fair value using market based evidence based on its highest and best use with reference to comparable land values. Adjustments have been made to the ‘unencumbered’ land value for campus land where there is a designation against the land or the use of the land is restricted because of reserve or endowment status. These adjustments are intended to reflect the negative impact on the value of land where the owner is unable to use the land more intensely. Restrictions on the polytechnic and group’s ability to sell land would normally not impair the value of the land because the polytechnic and group has operational use of the land for the foreseeable future and will substantially receive the full benefits of outright ownership. The most recent valuation of land was performed by a registered independent valuer, CB Richard Ellis and the valuation is effective as at 31 December 2009. Buildings Specialised buildings (e.g. campuses) are valued at fair value using optimised depreciated replacement cost because no reliable data is available for buildings designed for education delivery purposes. Optimised depreciated replacement cost is determined using a number of significant assumptions. Significant assumptions include: •

The replacement asset is based on the reproduction cost of the specific assets with adjustments where appropriate for obsolescence due to over design or surplus capacity

•

The replacement cost is derived from recent construction contracts of similar assets and Property Institute of New Zealand cost information

•

Estimating the remaining useful life of assets

•

Straight-line depreciation has been applied in determining the depreciated replacement cost value of the asset

The most recent valuation of buildings was performed by a registered independent valuer, CB Richard Ellis and the valuation is effective as at 31 December 2009. The total fair value of property valued by CB Richard Ellis at 31 December 2009 totalled $56,903,000. Restrictions on title Under the Education Act 1989, the polytechnic and group is required to obtain the consent from the Ministry of Education to dispose or sell of where the value of the property exceeds an amount determined by the Minister. There are also various restrictions in the form of historic designations, reserve and endowment encumbrances attached to land. The polytechnic and group does not consider it practical to disclose in detail the value of land subject to these restrictions.

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

10. Financial Assets in the Nature of Investments POLYTECHNIC

GROUP

Software $’000

Total $’000

Software $’000

Goodwill $’000

Total $’000

1,482

(1,166)

316

Additions

760

855

Disposal

(198)

213

760

973

1,577

760

2,337

(1,364)

213

760

973

Balance at 1 January 2010 Cost Accumulated amortisation and impairment Opening carrying amount Year ended 31 December 2010

Amortisation Closing carrying amount Balance at 31 December 2010 Cost Accumulated amortisation and impairment Closing carrying amount Balance at 1 January 2009 Cost

1,379

(1,077)

302

103

Amortisation

(89)

Closing carrying amount

316

Accumulated amortisation and impairment Opening carrying amount Year ended 31 December 2009 Additions Disposal

Balance at 31 December 2009 Cost Accumulated amortisation and impairment Closing carrying amount

1,482

(1,166)

316

There are no restrictions over the title of intangible assets. No intangible assets are pledged as security for liabilities. Goodwill Goodwill of $415 (2009: $nil) has been allocated to the cash generating unit (CGU) of New Zealand Radio Training School (2003) Limited. The synergies of the business combination in which the goodwill arose are expected to be realised only by the assets of New Zealand Radio Training School (2003) Limited.

The recoverable amount of the CGU has been determined based on value in use calculations. These calculations use cash flow projections based on financial budgets approved by the Council and cover a fiveyear period. Cash flows beyond the five-year period have been extrapolated using an estimated growth rate. Key assumptions used for the goodwill value in use calculation: • Budgeted gross margin • Weighted average growth rate • Pre-tax discount rate These assumptions have been used for the analysis of the CGU of the New Zealand Radio Training School (2003) Limited. The Council has determined budgeted gross margin based on past performance and its expectations for the market. The weighted average growth rate used is consistent with the forecasts included in industry reports. The discount rate used is pretax and reflects specific risks relevant to the CGU. The polytechnic believes that a reasonable possible change in any of the key assumptions would not cause the carrying amount of goodwill to exceed the recoverable amount.

11. Investment Properties POLYTECHNIC

GROUP

2010 $’000

2009 $’000

2010 $’000

2009 $’000

Opening balance as at 1 January (fair value)

255

Net gain / (loss) from fair value adjustment

275

255

275

255

Closing balance as at 31 December

Commerce Crescent property is stated at fair value. Investment properties were valued on 31 December 2010 by Bayleys Valuations, independent registered valuer. Bayleys Valuations is a member of the New Zealand Institute of Valuers (Inc). Lindale complex property was valued on 30 June 2010 by Kapiti Valuations Limited, independent registered valuer, of the firm Chartered Surveyors and Company. Kapiti Valuations Limited is a member of the New Zealand Institute of Valuers (Inc). The valuations undertaken were based on an open market value, supported by market evidence in which assets could be exchanged between a knowledgeable willing buyer and a knowledgeable willing seller in an arm’s length transaction at the date of the valuation.

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

12. Creditors and Other Payables POLYTECHNIC

Trade payables

2010 $’000

2009 $’000

2010 $’000

2009 $’000

2,088

1,891

2,165

1,913

(46)

Deposits held on behalf of students GST Total Creditors and Other Payables

GROUP

837

544

856

614

2,925

2,389

3,021

2,481

Creditors and other payables are non-interest bearing and are normally settled on 30-day terms, therefore the carrying value of creditors and other payables approximates their fair value. For terms and conditions relating to related parties refer to note 21.

13. Special Accounts Special accounts represents funds held by Whitireia on behalf of others and funds provided to Whitireia by various organisations for specific projects. POLYTECHNIC 2010 $’000

Homestay Trust Whitireia International Homestay Trust

GROUP 2009 $’000

2010 $’000

2009 $’000

Activities account

Whitireia Foundation

120

122

Other accounts Total Special Accounts

14. Revenue Received in Advance

Student fees Other revenue received in advance Total Revenue Received in Advance

216

196

POLYTECHNIC

GROUP

2010 $’000

2009 $’000

2010 $’000

2009 $’000

9,622

6,862

9,622

6,862

779

787

779

787

10,401

7,649

10,401

7,649

15. Employee Entitlements POLYTECHNIC 2010 $’000

GROUP 2009 $’000

2010 $’000

2009 $’000

Current Portion Accrued pay

346

187

352

190

Annual leave

2,297

2,026

2,363

2,061

Sick leave

2,721

2,213

2,793

2,251

Long service leave

146

133

146

133

Retirement gratuities

147

Total Current Portion Non-Current Portion

Total Non-Current Portion Total Employee Entitlements

293

215

293

215

3,014

2,428

3,086

2,466

Employees are entitled to annual leave pay, long service leave pay and retirement gratuities. Annual leave entitlements expected to be settled within 12 months of the balance sheet date are measured at the current rates of pay and classified as current liabilities. Entitlements related to long service leave and retirement gratuities have been calculated at present value of future cash flows. The provision is affected by a number of assumptions including expected length of service, attrition rate and salary increase.

16. Provisions POLYTECHNIC

GROUP

2010 $’000

2009 $’000

2010 $’000

2009 $’000

Lease make-good

Total Provisions

Non-Current Portion

Lease make-good In respect of its leased property, the group is required at the expiry of the lease term to make good any damage caused to the premises from installed fixtures and fittings and to remove any fixtures and fittings installed by the group. In many cases, the group has the option to renew these leases, which impacts on the expected outflows to make good these premises. Information about the group lease arrangements is disclosed in note 20.

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

17. Equity POLYTECHNIC

GROUP

2010 $’000

2009 $’000

2010 $’000

2009 $’000

39,140

37,272

39,024

37,509

3,773

1,868

3,445

1,515

450

43,363

39,140

42,919

39,024

23,511

24,630

23,511

24,630

General Funds Balance at 1 January Property revaluation reserve transfer on disposal Surplus / (deficit) for the year Capital contributions from the Crown Balance at 31 December Property Revaluation Reserves Balance at 1 January Transfer to general funds on disposal of property

Land net revaluation loss

(1,788)

(2,620)

3,706

(2,620)

3,706

(3,037)

20,891

23,511

20,891

23,511

Buildings net revaluation (loss)/gain Infrastructure net revaluation loss Balance at 31 December Restricted Reserves Balance at 1 January

Appropriation of net surplus

Application of trusts and bequests

(2)

Balance at 31 December

64,254

62,651

63,823

62,549

Total Equity Property Revaluation Reserves Property revaluation reserves consist of:

POLYTECHNIC

Land Buildings Improvements Total Property Revaluation Reserves

GROUP

2010 $’000

2009 $’000

2010 $’000

2009 $’000

15,691

16,001

15,691

16,001

3,327

5,435

3,327

5,435

1,873

2,075

1,873

2,075

20,891

23,511

20,891

23,511

18. Financial Risk Management Objectives and Policies The group’s principal financial instruments comprise bank deposits, cash and short-term deposits. The group has various other financial instruments such as trade debtors and trade creditors, which arise directly from its operations. Foreign currency risk The group has transactional currency exposures. Such exposures largely arises from purchases by the polytechnic’s library in currencies other than the institutes’ functional currency. The group’s exposure to foreign currency risk is minimal. Commodity price risk The group’s exposure to commodity price risk is minimal. Credit risk With the exception of Student Fees the group trades only with recognised, creditworthy third parties. Receivable balances are monitored on an ongoing basis with the result that the group’s exposure to bad debts is not significant. With respect to the credit risk arising from the other financial assets of the group, which comprise cash and cash equivalents and available-for-sale financial assets, the group’s exposure to credit risk arises from default of the counter party, with a maximum exposure equal to the carrying amount of these instruments. There are no significant concentrations of credit risk within the group. Credit quality of financial assets The credit quality of financial assets that are neither past due nor impaired can be assessed by reference to Standard and Poor’s credit ratings (if available) or to historical information about counterparty default rates. POLYTECHNIC

GROUP

2010 $’000

2009 $’000

2010 $’000

2009 $’000

17,540

11,760

18,102

12,529

17,540

11,760

18,102

12,529

1,226

790

1,226

790

3,184

725

3,905

930

Counterparties with Credit Ratings Cash at bank and term deposits AA Total Cash at Bank and Term Deposits Counterparties Without Credit Ratings Loans to related parties Existing counterparty with no defaults in the past Total Loans to Related Parties Debtors and Other Receivables Existing counterparty with no defaults in the past Existing counterparty with defaults in the past Total Debtors and Other Receivables

3,184

725

3,905

930

Liquidity risk Liquidity risk is the risk that the group will encounter difficulty raising liquid funds to meet commitments as they fall due. Prudent liquidity risk management implies maintaining sufficient cash, the availability of funding through an adequate amount of committed credit facilities and the ability to close out market positions. The group aims to maintain flexibility in funding by arranging committed credit lines when required.

In meeting its liquidity requirements, the group maintains a target level of investments that must mature within specified timeframes.

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

Categories of financial assets and liabilities POLYTECHNIC

GROUP

2010 $’000

2009 $’000

2010 $’000

2009 $’000

Cash and cash equivalents

6,541

5,760

7,168

6,230

Student fees and other receivables

3,184

725

3,219

930

756

110

10,481

6,595

10,397

7,170

Loans and Receivables

Financial assets Total Loans and Receivables Financial Liabilities Measured at Amortised Cost Trade and other payables Total Financial Liabilities Measured at Amortised Cost

2,925

2,389

3,021

2,481

2,925

2,389

3,021

2,481

19. Capital Management The group’s capital is its equity, which comprises accumulated funds and other reserves. Equity is represented by net assets. The group is subject to the financial management and accountability provisions of the Education Act 1989, which includes restrictions in relation to: disposing of assets or interests in assets, ability to mortgage or otherwise charge assets or interests in assets, granting leases of land or buildings or parts of buildings and borrowing. The group manages its equity as a by-product of prudently managing revenues, expenses, assets, liabilities, investments and general financial dealings to ensure the group effectively achieves its objectives and purpose, whilst remaining a going concern.

20. Commitments and Contingencies Operating lease commitments – group as lessee The group has entered into commercial leases on buildings where it is not in the best interest of the group to purchase these assets. These leases have an average life of between four and ten years with renewal terms included in the contracts. There are no restrictions placed upon the lessee by entering into these leases. Future minimum rentals payable under non-cancellable operating leases as at 31 December are as follows:

POLYTECHNIC

Within one year Due after one year but less than five years Due after five years

GROUP

2010 $’000

2009 $’000

2010 $’000

2009 $’000

2,218

1,548

2,295

1,931

7,639

1,292

7,677

2,856

11,049

1,292

20,906

2,840

21,021

6,079

Capital commitments At 31 December 2010 the group had commitments of $Nil (2009: $Nil). The polytechnic has agreed to contribute $3M towards the construction of a Performing Arts Theatre in Porirua. During 2009, $50,000, which was expensed by Whitireia, was provided to the Trust. This is a collaborative development with the Porirua City Council, Ngāti Toa and the Porirua Community Arts Council. This commitment is contingent on the Porirua Performing Arts Theatre Trust raising the remaining funds. Council Deputy Chair, Suzanne Snively, is a member of the trust. Chief Executive, Don Campbell is a member of the organising committee. The theatre will cost $13.2M and the construction will start in 2011. This commitment is not included in the schedule above as the commitment and the timing of payments, is uncertain. Legal claims There is an outstanding legal claim against Whitireia brought by a former student. Whitireia is vigorously defending this claim. Further information about the claim is not able to be disclosed as it may affect the claim. The outcome of this claim will not affect the polytechnic’s status as a going concern.

21. Related Party Disclosure Terms and conditions of transactions with related parties Providing of ancillary services to and purchases from related parties is made in arm’s length transactions at both normal market prices and normal commercial terms. Outstanding balances at 31 December 2010 and 2009 are unsecured and settlement occurs in cash.

Subsidiary

2010 $’000

2009 $’000

180

111

Whitireia Performing Arts Company Limited Services provided by the institute Services provided to the institute

669

790

Services provided by the institute

112

Unsecured loans payable to the institute

557

Unsecured loans payable to the institute New Zealand Radio Training School Limited

Transactions between Whitireia and its subsidiary include loans and advances to subsidiary. These loans and advances are unsecured, interest free with no fixed terms of repayment. The polytechnic purchased 100% of the shares of the New Zealand Radio Training School Limited in April 2010. A guarantee has been provided to the Whitireia Performing Arts Company Limited to provide financial support to ensure its ongoing financial viability. No other guarantees provided or received. For the year ended 31 December 2010, the group has not raised any provisions for doubtful debts relating to amounts owed by related parties as the payment history has been excellent (2009: $nil). This assessment is undertaken each financial year through examining the financial position of the related party and the market in which the related party operates in. When assessed as required the group raises such a provision.

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

Crown / Government Whitireia is a wholly owned entity of the Crown. The Government influences the roles of Whitireia as well as significant source of revenue. Whitireia enters into transactions with Government Departments and Crown agencies on an arm’s length basis and where those parties are only acting in the course of their normal dealings with the institution. These transactions are not separately disclosed because of the volume of the transactions and because the transactions are conducted on an arm’s length basis in the normal course of business. Related party transactions During the year the polytechnic purchased consultancy services from PricewaterhouseCoopers, a consultancy firm, in which Council Member Suzanne Snively was a partner until 30 June 2010. These services cost $5,750 (2009: $24,937) and were supplied on normal commercial terms. There were no unpaid invoices at year end. During the year the polytechnic purchased course materials from Plumbing World, a retail firm, in which Plumbing Programme Manager John Sharp is a shareholder. These services cost $36,568 (2009: $20,327) and were supplied on normal commercial terms. There were no unpaid invoices at year end. During the year the polytechnic purchased training services and equipment hireage from Stephen Wickens & Associates Limited, a training firm, in which Trades Faculty Dean Stephen Wickens is a Director. These services cost $1,485 (2009: $16,298) and were supplied on normal commercial terms. There were no unpaid invoices at year end. During the year the polytechnic purchased consultancy services from Career Services Rapuara, a Crown Entity, in which Deputy Chief Executive Arthur Graves is a board member. These services cost $2,573 (2009: $9,132) and were supplied on normal commercial terms. There were no unpaid invoices at year end. During the year the polytechnic purchased consultancy services from Martin Jenkins, a consultancy firm, in which Deputy Chair of Council Alan Barker is a partner. These services cost $4,933 (2009: $13,855) and were supplied on normal commercial terms. There were no unpaid invoices at year end.

22. Key Management Personnel Compensation POLYTECHNIC

Salaries and other short-term employment benefits Post employment benefits Total Key Management Personnel Compensation

GROUP

2010 $’000

2009 $’000

2010 $’000

2009 $’000

733

593

733

593

752

593

752

593

23. Councillors Fees Crown Entities Act 2004 2010 $

2009 $

Arthur T

10,440

2,240

Fortuin G

10,720

3,080

Sowry R (Chair)

22,956

1,400

2,520

Mareko C

560

1,960

Nicols A D

840

2,520

Sharman D R

17,572

23,915

Snively S

13,395

12,707

Wilkinson R K

11,320

4,360

Falepau L

1,400

2,240

Hilliard M

1,400

1,960

Ryder L

1,120

1,680

Barker A

12,000

105,123

59,182

Marshall B M

24. Employee Remuneration POLYTECHNIC

GROUP

2010 $’000

2009 $’000

2010 $’000

2009 $’000

100,000 - 109,999

110,000 - 119,999

160,000 - 169,999

270,000 - 279,999 Total employees

25. Events After Balance Sheet Date In February 2011 Council accepted a conditional offer for the sale of the Lindale campus. This property will continue to be used until the new campus is ready for occupation. Except as already disclosed, there were no other events that have occurred between 31 December 2010 and the date of this report.

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

STATEMENT OF RESPONSIBILITY The Council and management are responsible for the preparation of Whitireia Community Polytechnic and groupâ&#x20AC;&#x2122;s financial statements and statement of service performance and for the judgements made in them. The Council and management of Whitireia Community Polytechnic have the responsibility for establishing and maintaining a system of internal control designed to provide reasonable assurance as to the integrity and reliability of financial reporting. In the Council and managementâ&#x20AC;&#x2122;s opinion, these financial statements and statement of service performance fairly reflect the financial position and operations of Whitireia Community Polytechnic and group for the year ended 31 December 2010. Signed by

Chairperson of Council 30 April 2011

Chief Executive 30 April 2011

Independent Auditor’s Report To the readers of Whitireia Community Polytechnic and group’s financial statements and statement of service performance for the year ended 31 December 2010 The Auditor‑General is the auditor of Whitireia Community Polytechnic (the polytechnic) and group. The Auditor‑General has appointed me, Clint Ramoo using the staff and resources of Audit New Zealand, to carry out the audit of the financial statements and statement of service performance of the polytechnic and group on her behalf. We have audited: • the financial statements of the polytechnic and group on pages 36 to 70 that comprise the statement of financial position as at 31 December 2010, the statement of comprehensive income, statement of changes in equity and statement of cash flows for the year ended on that date and the notes to the financial statements that include accounting policies and other explanatory information; and • the statement of service performance of the polytechnic and group on pages 18 to 31. Opinion In our opinion: •

the financial statements of the polytechnic and group on pages 36 to 70: • comply with generally accepted accounting practice in New Zealand and • fairly reflect the polytechnic and group’s:

•

financial position as at 31 December 2010 and

•

financial performance and cash flows for the year ended on that date

the statement of service performance of the polytechnic and group on pages 18 to 31: • complies with generally accepted accounting practice in New Zealand and • fairly reflects the polytechnic and group’s service performance achievements measured against the performance targets adopted for the year ended 31 December 2010

Our audit was completed on 2 May 2011. This is the date at which our opinion is expressed. The basis of our opinion is explained below. In addition, we outline the responsibilities of the Council and our responsibilities, and we explain our independence.

Basis of opinion We carried out our audit in accordance with the Auditor‑General’s Auditing Standards, which incorporates the International Standards on Auditing (New Zealand). Those standards require that we comply with ethical requirements and plan and carry out our audit to obtain reasonable assurance about whether the financial statements and statement of service performance are free from material misstatement. Material misstatements are differences or omissions of amounts and disclosures that would affect a reader’s overall understanding of the financial statements and statement of service performance. If we had found material misstatements that were not corrected, we would have referred to them in our opinion.

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

An audit involves carrying out procedures to obtain audit evidence about the amounts and disclosures in the financial statements and statement of service performance. The procedures selected depend on our judgement, including our assessment of risks of material misstatement of the financial statements and statement of service performance, whether due to fraud or error. In making those risk assessments, we consider internal control relevant to the polytechnic and group’s preparation of the financial statements and statement of service performance that fairly reflect the matters to which they relate. We consider internal control in order to design audit procedures that are appropriate in the circumstances but not for the purpose of expressing an opinion on the effectiveness of the polytechnic and group’s internal control. An audit also involves evaluating: •

the appropriateness of accounting policies used and whether they have been consistently applied

•

the reasonableness of the significant accounting estimates and judgements made by the Council

•

the adequacy of all disclosures in the financial statements and statement of service performance and

•

the overall presentation of the financial statements and statement of service performance

We did not examine every transaction, nor do we guarantee complete accuracy of the financial statements and statement of service performance. We have obtained all the information and explanations we have required and we believe we have obtained sufficient and appropriate audit evidence to provide a basis for our audit opinion. Responsibilities of the Council The Council is responsible for preparing financial statements and a statement of service performance that: •

comply with generally accepted accounting practice in New Zealand

•

fairly reflect the polytechnic and group’s financial position, financial performance and cash flows and

•

fairly reflect the polytechnic and group’s service performance achievements

The Council is also responsible for such internal control as it determines is necessary to enable the preparation of financial statements and a statement of service performance that are free from material misstatement, whether due to fraud or error. The Council’s responsibilities arise from the Education Act 1989 and the Crown Entities Act 2004. Responsibilities of the Auditor We are responsible for expressing an independent opinion on the financial statements and statement of service performance and reporting that opinion to you based on our audit. Our responsibility arises from section 15 of the Public Audit Act 2001 and the Crown Entities Act 2004. Independence When carrying out the audit, we followed the independence requirements of the Auditor‑General, which incorporate the independence requirements of the New Zealand Institute of Chartered Accountants. Other than the audit, we have no relationship with or interests in the polytechnic or any of its subsidiaries.

Clint Ramoo Audit New Zealand On behalf of the Auditor‑General Wellington, New Zealand 73

Matters relating to the electronic presentation of the audited financial statements and statement of performance This audit report relates to the financial statements and the statement of service performance of Whitireia Community Polytechnic (the polytechnic) and group for the year ended 31 December 2010 included on the polytechnic and groupâ&#x20AC;&#x2122;s website. The polytechnic and groupâ&#x20AC;&#x2122;s Council is responsible for the maintenance and integrity of the polytechnic and groupâ&#x20AC;&#x2122;s website. We have not been engaged to report on the integrity of the polytechnic and groupâ&#x20AC;&#x2122;s website. We accept no responsibility for any changes that may have occurred to the financial statements and statement of service performance since they were initially presented on the website. The audit report refers only to the financial statements and statement of service performance named above. It does not provide an opinion on any other information which may have been hyperlinked to or from the financial statements and statement of service performance. If readers of this report are concerned with the inherent risks arising from electronic data communication they should refer to the published hard copy of the audited financial statements and statement of service performance as well as the related audit report dated 2 May 2010 to confirm the information included in the audited financial statements and statement of service performance presented on this website.

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

APPENDIX

Appendix 1 – PROGRAMME ADVISORY COMMITTEES FACulty of Arts Dance (Performing Arts) Bachelor of Applied Arts (Performing Arts) Diploma in Performing Arts Pip Byrne Whitireia New Zealand Bob Cater Porirua Community Arts Council Kaye Jujnovich Whitireia New Zealand Norman Kainana Graduate, Whitireia New Zealand Mark Kairua Porirua City Council Tanya Kapitko Director DANZ Annette Karepa Independent Advisor Tuaine Robati Whitireia New Zealand MaryRose Royal Independent Advisor Deirdre Tarrant Footnote Dance Company Asalemo Tofete Independent Advisor Drama (Stage & Screen) Diploma in Stage and Screen Arts Diploma in Applied Stage and Screen Arts (Advanced) Dushka Blakely Capital E Pip Byrne Whitireia New Zealand Richard Finn Whitireia New Zealand Kaye Jujnovich Whitireia New Zealand Libby Justice Wellington Actors Agency Colleen McColl Downstage Theatre Keryn Stone New Zealand College of Performing Arts Susan Wilson Circa Theatre Music Bachelor of Applied Arts (Music) Certificate in DJ Music Certificate in Foundation Music Certificate in Live Sound and Event Production Certificate in Rock, Jazz and Commercial Music

Diploma in Rock, Jazz and Commercial Music Ray Ahipene-Mercer Wellington City Council Paul Baines Business Consultant Paul Dyne Massey University Kaye Jujnovich Whitireia New Zealand Neil Maddever Sound Engineer Roni Moe Mana College George Packard Whitireia New Zealand Ian Seumanu Whitireia New Zealand Pati Umaga Musician Neil Worboys School Teacher Photography Certificate in Advanced Photography Certificate in Practical Photography Chris Coad Freelance Photographer Stanley Garmonsway Photographic Retailer Glen Howey Tutor/Freelance Documentary Photographer Murray Lloyd Murray Lloyd Photography Marie-Jean Mills Whitireia New Zealand Mel Phillips Mel Phillips Photography Trish Pointon Photographer Visual Arts Bachelor of Applied Arts (Visual Arts) Certificate in Mastercraft Certificate in Desktop Publishing for Print and the Web Certificate in Digital Design Certificate in Digital Media Diploma in Digital Design Diploma in Digital Design and Multimedia Diploma in Jewellery Design Diploma in Visual Arts Mary-Jane Duffy Whitireia New Zealand

Kenneth Gilliam Norse Advertising Design Barbara Harford Whitireia New Zealand Bob Kerr Wellington Artist Simon Mann Chrome Toaster Kivani Moriarty Pātaka Museum of Arts & Cultures Collin Phillips Base Two Limited Donald Preston Massey University Sue Scott Whitireia New Zealand Margaret Tolland Pātaka Museum of Arts & Cultures Rudy Whitehead-Lopez Whitireia New Zealand Jack Yan Jack Yan & Associates Creative Writing Bachelor of Applied Arts (Creative Writing) Diploma in Creative Writing Diploma in Creative Writing (Advanced) Graduate Diploma in Creative Writing Pip Byrne Whitireia New Zealand Mary-Jane Duffy Whitireia New Zealand Chris Else NZ Society of Authors Catherine Fitzgerald Blue Skin Films Vicki-Anne Heikel Independent Advisor Adrienne Jansen Whitireia New Zealand Kaye Jujnovich Whitireia New Zealand Karen Ross Ministry for Culture & Heritage Journalism National Certificate in Journalism National Diploma in Journalism (Multi-media) Certificate in Multimedia Journalism Debbie Baker New Zealand Radio Training School Terry Brown Radio New Zealand

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

Clive Conland Freelance Radio Journalist Bernadette Courtney Dominion Post Newspaper Matt Dallas Kapi Mana Newspaper Geoff Davies Chartered Accountants Journal Simon Edwards Hutt News Mike Fletcher NZJTO Kim Griggs Freelance Journalist Gordon McBride TV3 Marie McNicholas Newsroom Charles Mabbett Asia:NZ Joel Maxwell Northern Courier & Petone Herald Newspapers Rob Olsen The Wellingtonian Newspaper Queenie Rikihana Whitireia New Zealand Julie Starr Multi-media Consultant Mark Torley TVNZ Jim Tucker Whitireia New Zealand Maria (Mia) Uluilelata Graduate, Whitireia New Zealand David Vaeafe Pacific Cooperation Foundation Aaron Watson Capital Times Newspaper Bernie Whelan Whitireia New Zealand Publishing Diploma in Publishing Diploma in Publishing (Applied) Fergus Barrowman Victoria University Press Robbie Burton Craig Potton Publishing Elizabeth Caffin Auckland University Press Linda Henderson Booksellers NZ Rachel Lawson Whitireia New Zealand

Ann Mallinson Mallinson-Rendel Publishers Anne Tucker Whitireia New Zealand Teacher Education Bachelor of Teaching (Early Childhood Education) Diploma in Early Childhood Education Rama Clay Titahi Bay Kohanga Reo Rose Duffy Moira Callagher Kindergarten Diane Lawrence Ascot Park Kindergarten Christine Macilquham Titahi Bay Kindergarten Tolo Pereira Seeds Bronwyn Pullen Bronwynâ&#x20AC;&#x2122;s Place Preschool Lynlee Shaw Te Whare Ako Childcare Centre Caroline Stairmand Whitireia New Zealand Bella Tanielu-Dick Whitireia New Zealand Faculty of Business Business & Management Bachelor of Applied Business Studies Diploma in Accounting Diploma in HR Management Diploma in Management Diploma in Marketing Graduate Diploma in Applied Business Studies Legal Executives Certificate New Zealand Diploma in Business NZIM Certificate in Management NZIM Certificate in Small Business Management Information Technology Bachelor of Information Technology Certificate in Information Technology Diploma in Information Technology (Levels 5 & 6) Graduate Diploma in Information Technology Sue Chard Whitireia New Zealand Gordon Churchill Whitireia New Zealand Mark Copsey Porirua Business Trust Murray Cresswell Cisco

Mike Gunn Telecom NZ Rick Hook Gen-i Liz Kelly Kelly Hygiene Limited Gerry McCullough Whitireia New Zealand Cliff Pratt Datamail Michael Stevens E Learning Porirua Bee Tunengurn Statistics New Zealand Nick Wempe Whitireia New Zealand Laurie Wilson Marketmind English Language Certificate in English Language Certificate in English Language (Advanced) Lynda Eves RMS Refugee Resettlement Ariadne Fountain Porirua Language Project Inc Ellanor Henry WelTec Ester Laban Whitireia New Zealand Reverend Perema Leasi P.I.P.C Church Minister Kaye Le Gros Whitireia New Zealand Susan McNatty Whitireia New Zealand Reverend Setu Masina Retired Minister of the Pacific Island Church Bounyang Thiphakone Laos Community Advisor Leith Wallace Whitireia New Zealand Annette Woods Settlement Support Faculty of Health Foundation Education Certificate in Foundation Education (with strands in Business, Health Science & Social Science) Anne Abbott Whitireia New Zealand Helen Borren Whitireia New Zealand

Helen Cleary Whitireia New Zealand Atarangi Clothier Whitireia New Zealand Beth Derby Whitireia New Zealand Yvette Erasmus Whitireia New Zealand Carolyn Fry Whitireia New Zealand Gabrielle Gorst Whitireia New Zealand Rebekah Gray Whitireia New Zealand Tanveer Khan Past Student, Whitireia New Zealand Gail Kirkland WelTec Hilary Lacunza Whitireia New Zealand Olivia Lameko Student Representative, Whitireia New Zealand Ros Leahy Whitireia New Zealand Belinda McGrath Whitireia New Zealand Pani McLean Whitireia New Zealand Mary Manderson Whitireia New Zealand Penny Morris Whitireia New Zealand Pauline Muncey Aotea College Leanne Pool Whitireia New Zealand Heather Reeves-Timms Whitireia New Zealand Juanita Richardson Whitireia New Zealand Simanu Sa Whitireia New Zealand Wendy Scott Whitireia New Zealand Sue Sewell Whitireia New Zealand Mary Silvester Whitireia New Zealand Eileen Timu Student Representative, Whitireia New Zealand Litiana Uluiburotu Student Representative, Whitireia New Zealand

John Upritchard Whitireia New Zealand Fiona Wain Whitireia New Zealand Leisha Williams Whitireia New Zealand Nursing Bachelor of Nursing Anne Brinkman New Zealand Nursing Organisation Tony Dal Din Capital & Coast District Health Board Alison Eruera Wakefield Hospital Margaret Faulkner Community Representative Sushi Gellar Student Representative, Whitireia New Zealand Catherine Gibson Capital & Coast District Health Board Carmel Haggerty Whitireia New Zealand Michelle Halford Hutt Valley District Health Board Allison Jamieson Royal New Zealand Plunket Society Sandra Jones Whitireia New Zealand Jolanda Lemow Whitireia New Zealand Belinda McGrath Whitireia New Zealand Linda Mills Student Representative, Whitireia New Zealand Anjana Naidu Capital & Coast District Health Board Jocelyn Pack Healthcare of New Zealand Limited Wendy Pellet Longview Home Kaye Plunkett Riverleigh Rest Home & Hospital Leanne Pool Whitireia New Zealand Michelle Robinson Partners Porirua Trust Jill Stevens Whitby Doctors Angela Stevenson Whitireia New Zealand Sue Tansley Hutt Valley District Health Board

Tiria Te Aonui Student Representative, Whitireia New Zealand Daril Thomas Capital & Coast District Health Board Kathy Trezise Capital & Coast District Health Board Bachelor of Nursing MÄ ori Maria Baker Te Rau Matatini Jackie Davis Capital & Coast District Health Board Adrienne Donnelly-Kara Te Rau Matatini Debbie Eggo Whitireia New Zealand Carmel Haggerty Whitireia New Zealand Karaitiana Jackson Whitireia New Zealand Willis Katene Whitireia New Zealand Shayloa Koperu Youth Horizons/Whitireia New Zealand Missy McLean Maraeroa Marae Health Clinic Tracey Morgan Te Runanga (NZNO) Lianne Ormsby Maraeroa Marae Health Pauline Owens Student Representative, Whitireia New Zealand Sha Panapa Whitireia New Zealand Sharon Reid Kokiri Marae Health & Social Services Dr Margaret Southwick QSM Whitireia New Zealand Jessica Tamihana Te Runanga (NZNO) Carmen Timu-Parata Whitireia New Zealand Tiana Wilson Student Representative, Whitireia New Zealand Ranei Wineera Compass Health Faith Woodcock Ora Toa Health Unit Bachelor of Nursing Pacific Doreen Agnew Registered Nurse Anne Allan-Moetaua Ministry of Health

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

Folole Esera Samoan Nurses Association Elaine Ete-Rasch Whitireia New Zealand Faleula Fatialofa Samoan Nurses Association Maria Finau Student Representative, Whitireia New Zealand Carmel Haggerty Whitireia New Zealand Cheri Hoffman Student Representative, Whitireia New Zealand Kathy Holloway Whitireia New Zealand Eve Kaimoana Registered Nurse Asenati Kupa Apolinario Registered Nurse Kupa Kupa Wellington Independent Practitioners Association Sipaia Kupa Whitireia New Zealand Hanele Lemisio Student Representative, Whitireia New Zealand Faye Logovae Hutt Valley District Health Board Siloma Masina Hutt Valley District Health Board Melanie Mata Registered Nurse Jean Mitaera Whitireia New Zealand Honey Ormsby Clinician Sharon Phillips Whitireia New Zealand Marie Preston Whitireia New Zealand Fuimaono Karl Pulotu-Endermann Capital & Coast District Health Board Joy Richards Whitireia New Zealand Wendy Scott Whitireia New Zealand Dr Margaret Southwick QSM Whitireia New Zealand Loma-Linda Tasi-Mulitalo Whitireia New Zealand Fiona Tautua Registered Nurse Jayne Tawhi-Amopiu Registered Nurse

Ungatea Tuitupou Whitireia New Zealand Rita Vaafusuaga-Erika Capital & Coast District Health Board Iunita Vaofusi Petone Union Health Leisha Williams Whitireia New Zealand Postgraduate Postgraduate Certificate in Hospice Palliative Care Postgraduate Certificate in Primary Health Care Speciality Nursing Postgraduate Certificate in Perioperative Speciality Nursing Postgraduate Certificate in Nursing National Certificate in Tamariki Ora â&#x20AC;&#x201C; Well Child Services Nanette Ainge Canterbury District Health Board Gill Alcorn Vibe, Youth Health Service Kerri Arcus Whitireia New Zealand Jennie Banks Hutt Valley District Health Board Erin Beatson Royal New Zealand Plunket Society Anne Brinkman Industry Representative Megan Cameron Royal New Zealand Plunket Society Mary Daly Hutt Valley District Health Board Catherine Fowler External Moderator Theresa Fowler Hutt Valley District Health Board Michelle Halford Hutt Valley District Health Board Phil Hawes Whitireia New Zealand Kerrie Hayes Capital & Coast District Health Board Anne Hodren Royal New Zealand Plunket Society Kathy Holloway Whitireia New Zealand Sheryl Hunt Capital & Coast District Health Board Mary Ann Johnson MEDTRA Clinical Education Limited

Theresa Jones Eldon Lodge Jenny Keene Hutt Valley District Health Board Anna Liki-Faalenuu Royal New Zealand Plunket Society Julie Maher Whitireia New Zealand Chris Murphy Mary Potter Hospice Anjana Naidu Capital & Coast District Health Board Dr Kathy Nelson Victoria University Vicky Noble Capital & Coast District Health Board Monica Oâ&#x20AC;&#x2122;Reilly Hutt Valley District Health Board George Orsborn Whitireia New Zealand Linda Polaschek Capital & Coast District Health Board Kate Reid Canterbury University Claire Renor Capital & Coast District Health Board Alison Rowe Capital & Coast District Health Board Merryl Ryan Royal New Zealand Plunket Society Mary Schumacher Hospice New Zealand Trish Smith Hutt Valley District Health Board Sue Tansley Hutt Valley District Health Board Wendy Trimmer Whitireia New Zealand Myra Wilson MEDTRA Clinical Education Limited Paramedics Bachelor of Health Science (Paramedic) Don Banks Wairarapa District Health Board Stephanie Currie Whitireia New Zealand Paul Davey AUT University Meg de Joux Student Representative, Whitireia New Zealand Cheryl Des Landes St John Ambulance Central

Craig Drayton Whitireia New Zealand Aimee Fake Whitireia New Zealand Sue Gullery St John, Education Projects Management Susan Hoyle Wellington Free Ambulance Caroline Kane Student Representative, Whitireia New Zealand Willis Katene Whitireia New Zealand Ken McIver Whitireia New Zealand Mary Manderson Whitireia New Zealand Ian May Taranaki District Health Board Glen Mitchell Whitireia New Zealand Alan Oâ&#x20AC;&#x2122;Beirne Wellington Free Ambulance Michelle Old Student Representative, Whitireia New Zealand Andrew Orange Medicine Management Limited Leigh Parker Whitireia New Zealand Grant Pennycook St John Ambulance Central Deanna Robb Student Representative, Whitireia New Zealand Tim Roberts Wellington Free Ambulance Pete Roe Wellington Free Ambulance Gary Strong Wellington Free Ambulance Wendy Trimmer Whitireia New Zealand David Waters Ambulance New Zealand Nigel Watson Student Representative, Whitireia New Zealand Alan Wilson Whitireia New Zealand Benjamin Wylie-Cheer Student Representative, Whitireia New Zealand Steve Yanko St John Ambulance Central

Social & Community work National Certificate in Mental Health (Mental Health Support Work) National Diploma in Mental Health (Mental Health Support Work) Postgraduate Certificate in Specialty Care Postgraduate Certificate in Nursing (Mental Health) Stephen Allsopp Hutt Valley District Health Board Kerri Arcus Whitireia New Zealand Dr Helen Bichan Honorary Member Lewis Cate Capital & Coast District Health Board Zep Cole Court Liaison Nurse Andrew Curtis Cody Wairarapa District Health Board Tony Dal Din Capital & Coast District Health Board Margaret Daniela Hutt Valley District Health Board Joanna Davison Whitireia New Zealand Janet Edmond Central Region Workforce Debbie Eggo Whitireia New Zealand Nigel Fairley Capital & Coast District Health Board Kate Farrugia Mid Central Health Tevita Finau Vakaola Fiona Flis Student Representative, Whitireia New Zealand Deidre Florance Capital & Coast District Health Board Debbie Gell Public Prisons Service Angie Green Hutt Valley District Health Board Shelley Gunther Whitireia New Zealand Carmel Haggerty Whitireia New Zealand Te Aranga Hakiwai Te Roopu Whakapakari Ora Trust Kathy Holloway Whitireia New Zealand

Rosanne Johnson Capital & Coast District Health Board Areta Koopu Capital & Coast District Health Board Shayola Koperu Whitireia New Zealand Juliana Korzon Whitireia New Zealand Kay Laracy Whitireia New Zealand Ros Leahy Whitireia New Zealand Nani McCluskey Capital & Coast District Health Board Salevao Manase Maninoa Community Care Trust Inc Beverly Miller Henry Bennett Centre Paul Moles Timata Hou Janine Olasa Early Intervention Services Reg Orovwuje Capital & Coast District Health Board Olive Redfern Good Health Wanganui Heather Reeves-Timms Whitireia New Zealand Meghan Robertson Nelson Marlborough District Health Board Bachelor of Social Work Linda Alan Fanau Centre Maegan Bird Student Representative, Whitireia New Zealand Jon Blackshaw Compass Debbie Coombe Student Representative, Whitireia New Zealand Lainey Cowan Aotearoa New Zealand Association Social Work Lynn Davidson New Avenues Tangi Edwards Taeaomanino Trust Alosina Fane Taeaomanino Trust Okesene Faraimo Wesley Community Action Faâ&#x20AC;&#x2122;a Feliuai Student Representative, Whitireia New Zealand

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

Rita Harris Student Representative, Whitireia New Zealand Lee Henley Hutt Valley District Health Board Caroline Herewini Te Whare Tiaki Womenâ&#x20AC;&#x2122;s Refuge Maria Iafeta YPTM Helen Janes Salvation Army Lucia Kasiano Whitireia New Zealand Bernice Kershaw Arawhata Prison, Department of Corrections Elizabeth Konia Barnardos Sophie Leeks Student Representative, Whitireia New Zealand Joy Luddon Kapiti Skills Paula Masoe Taeaomanino Trust Jean Mitaera Whitireia New Zealand Bonita Moana Student Representative, Whitireia New Zealand Margaret Pack Whitireia New Zealand Theresa Peteli Pacific Support Services Wellington Hospital Bernard Priston Abbat Trust Elizabeth Raukawa Kokiri Marae Hauora & Social Services Heather Reeves-Timms Whitireia New Zealand Bridget Roche Challenge 2000 Apii Rongo-Raea Whitireia New Zealand Sam Samuel Vakaola Sokopeti Sina Vakaola Aggy Setefano Student Representative, Whitireia New Zealand Dr Margaret Southwick QSM Whitireia New Zealand Lucia Stowers Nakau Enei Tamariki Helen Sullivan Wellington HELP

Sarah Teaurima Fanau Centre Hineamoa Tirkatene Child Youth & Family Kuresa Tiumalu-Faleseuga Whitireia New Zealand Rewa Walters Student Representative, Whitireia New Zealand Dean Webley Child Youth & Family Leisha Williams Whitireia New Zealand Bridget Wilson Child Youth & Family Tracey Yarrall Porirua Living Without Voilence Faculty of Service Industries Office Systems & Computing Certificate in Office Administration & Computing (Introductory, Intermediate, Advanced) National Certificate in Business Administration & Computing (Level 2 & 3) National Certificate in Administration (Level 4) Certificate in Office Skills & Computing Certificate in Retail Management National Certificate in Computing (Level 2 & 3) National Certificate in Business First Line Management (Level 3) National Certificate in Business First Line Management (Level 4) National Certificate in Retail (Level 3) Short Course Certificate in Computer Applications Short Course Certificate in MYOB (Accounts) Community Computing Janine Dean Whitireia New Zealand Dale Hartle Porirua City Council Anne Leâ&#x20AC;&#x2122;aupepe Capital & Coast District Health Board Beauty & Hairdressing Certificate in Beauty and Hairdressing Certificate in Beauty Therapy Certificate in Retail & Cosmetic Services National Certificate in Beauty Services (Beautician) (Level 4) National Certificate in Beauty Services (Nail Technology) (Level 4) National Certificate in Hairdressing (Salon Support) (Level 3)

Diana Beaufort Reds Hairdressing Maureen Bowring Hair Craft Centre Alison Briggs Absolute Skincare Rachael Broad Whitireia New Zealand Pene Burns Hairdressing Industry Training Organisation Vicki Flight-Foxley Whitireia New Zealand Helen Gardiner Whitireia New Zealand Neil Gardiner Whitireia New Zealand Karen Goodman Whitireia New Zealand Jolie Gunn Whitireia New Zealand Geraldine Hannah Whitireia New Zealand Cathie Johnson Whitireia New Zealand Paula Phelan FaceFacts Mobile Laser Jennifer Poutoa Whitireia New Zealand Katie Robinson Whitireia New Zealand Tania Van Wanrooy FaceFacts Mobile Laser Hospitality Certificate in Professional Cookery Certificate in Cafe Service Certificate in Work Skills (Hospitality and Tourism) National Certificate in Tourism (Core Skills) National Diploma in Hospitality Management Dave Marr Hospitality Standards Institute Belinda Wotton Peppermill Cafe Maeleen Owen Porirua i-SITE Lisa Harris-Powell Whitireia New Zealand Liz Waterhouse Whitireia New Zealand

Outdoor Adventure & Tourism Certificate in Outdoor Adventure Certificate in Outdoor Leadership (Abseil Instructor, Abseil Leadership, Alpine Instructor, Alpine Leadership, Bush Instructor, Bush Leadership, First Aid Instructor, Maintaining Safety, Medical Leadership) Diploma in Outdoor Adventure Diploma in Outdoor Leadership (with strands in Outdoor First Aid, Bush, Alpine, Abseil or HUNTS) Joe Green New Zealand Police Mike Spray New Zealand Mountain Safety Council Chris Tews New Zealand Mountain Safety Council Helen Gardiner Whitireia New Zealand Leonce Jones New Zealand Mountain Safety Council Jon Lasenby Whitireia New Zealand Chris Hall Whitireia New Zealand Bill Oâ&#x20AC;&#x2122;Leary New Zealand Deerstalkers Association faculty of Trades Automotive Certificate in Automotive Engineering Certificate in Automotive Engineering (Advanced) Certificate in Motor Industry (Automotive, Electrical & Mechanical Engineering) Certificate in Trade Skills David Bowler Bowler Motors Limited Iain Campbell Whitireia New Zealand Ian Capewell Plimmerton Motors Paul Cooksley Part Master Wayne Dorgan Wayne Dorgan Auto Repairs Graham Garthwaite Whitireia New Zealand Nick McGirr Motor Industry Training Organisation Greg Maraku Mobil Oil New Zealand Craig Martin Rutherford and Bond Tony Patterson Whitireia New Zealand

Robert Pauletich Land Transport Safety Authority Nilu Senadeera Whitireia New Zealand Eoin Stuart North City Motors Stephen Wickens Whitireia New Zealand Carpentry, Electrotechnology & Plumbing Certificate in Carpentry Certificate in Electrical Engineering Certificate in Plumbing, Drainlaying, Gasfitting and Roofing Darryl Bradford Building & Construction Industry Training Organisation Craig Cochrane Plumbing, Gasfitting & Drainlaying Industry Training Organisation Sam Dean Whitireia New Zealand Graham Garthwaite Whitireia New Zealand Dan Grove Whitireia New Zealand Nick Hall Whitireia New Zealand Guy Harris Whitireia New Zealand Jason McMahon Indepth Plumbing Steve Newland Organised Chaos Plumbing Company John Ryan John Ryan Plumbing Nilu Senadeera Whitireia New Zealand John Sharp Whitireia New Zealand James Taylor Mana Bathrooms Stephen Wickens Whitireia New Zealand Aviation Certificate in Aviation (Aeroplane) Certificate in Aviation (Helicopter) Certificate in Aviation (Helicopter) (Advanced) Certificate in Aviation (Helicopter) Turbine Certificate in Aviation (Multi-Engine Instrument Rating) Julie Ainsworth Whitireia New Zealand

Graeme Barrell Kapiti Aero Club Carl Jones Whitireia New Zealand Richard Lyders Kapiti Air Academy Philip Maguire Helicopter Flight Training Tania Porter Kapiti Air Academy Sam Richmond Helicopter Flight Training Stephen Wickens Whitireia New Zealand Transport Certificate in Commercial Road Transport Certificate in Road Transport Maria-Lee Burland Whitireia New Zealand James Cameron Infratrain New Zealand Iain Campbell Whitireia New Zealand Steve Christensen Downer EDI Works Tama Coker New Zealand Coach Service Maureen Duffy Tranzqual Industry Training Organisation Chris Hall Whitireia New Zealand Tony Lansdown Tranzqual Industry Training Organisation Tony Ryan Police National Headquarters Peter Sheppard AA Driver Education Foundation Tearii Teono Whitireia New Zealand Shayne Warren Whitireia New Zealand Stephen Wickens Whitireia New Zealand Floristry & Horticulture Certificate in Horticulture and Landscaping National Certificate in Floristry (Level 2) Floral Design Certificate in Horticulture Claire Clark New Zealand Professional Florists Sheryl Collins Black Rose Florist

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

Mary Dinniss Horticulture Industry Training Organisation David Harris Double D Wholesalers Carl Jones Whitireia New Zealand Mary-Ellen Leen Whitireia New Zealand Jon Muller Wellington Gardens Limited Tracey Newport Whitireia New Zealand Megan Parker Whitireia New Zealand Celeste Shotter Whitireia New Zealand Tony Tomlin Independent Advisor Stephen Wickens Whitireia New Zealand Steve Wilson Te Rito Hanna Zwartz Te Rito Te Wānanga Māori Te Reo, Whakairo, Weaving, Waka Ama Diploma in Whakairo (Advanced) – Toiere Whakairo Certificate in Reo Māori – Te Ara Piko Certificate in Reo Māori - Tēnei Au Certificate in Waka Ama Certificate in Waka Ama (Advanced) National Certificate in Whakairo (Tuturu) (Level 4) National Diploma in Reo Māori (Level 5) National Diploma in Reo Māori (Level 6) National Diploma in Whakairo (Level 5) National Diploma in Whakairo (Level 6) Te Hiringa o Te Reo Herani De Muth Toa Waka Ama Club Kohai Grace Artist Hinemoa Hilliard Artist, Massey University Evan Hippolite Ngāti Toa Tuakana Holmes Artist Kevin Hotu Whitireia New Zealand

Kahuwaero Katene Ngāti Toa Willis Katene Whitireia New Zealand Shayola Koperu Whitireia New Zealand James Molnar Whitireia New Zealand Taku Parai Whitireia New Zealand Justin Puna Whitireia New Zealand Eruera Ruwhiu Whitireia New Zealand Kohuroa Ruwhiu Te Kura Māori o Porirua, Toa Waka Ama Club Takirirangi Smith Artist Natalia Spooner Student Representative, Whitireia New Zealand Thomas Tawhiri Te Wananga o Aotearoa Mareikura Whakataka-Brightwell Whitireia New Zealand Adam Wineera Artist

Vision To lead and illuminate our communities through tertiary education.

WHITIREIA NEW ZEALAND ANNUAL REPORT 2010

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ANNUAL REPORT2010 communities through tertiary

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