The 2017 Annual Report for Te Runanganui o Ngati Porou represents a broad range of economic, environmental, social, cultural and advocacy activities conducted by Te Runanganui o Ngati Porou Group over the last financial year. It also includes a summary of the audited financial information about the Te Runanganui o Ngati Porou Group businesses and operations. Copies of the material to be laid before the AGM may be inspected at Te Runanganui o Ngati Porou Gisborne and Ruatoria offices from Wednesday 8th November 2017 onwards. They are also available to view online by clicking on the links below:
Alongside our advocacy, programmes and service delivery work we also undertook two major engagement exercises with Ngati Porou hapu and whanau: the ratification of the new foreshore and seabed deed of agreement; and TRONPnui’s consultation on its own trust deed.
Reflecting on the past year, we recognise both the challenges and opportunities that were presented and I am pleased to note that optimism still abounds. The foundations are in place and the work is being done by Te Runanganui o Ngati Porou (TRONPnui) to achieve real gains for Ngati Porou.
Whanau Oranga Senior Manager, Anne Huriwai, presents some highlights over the past year from the Ruatoria and Gisborne based social services team.
In looking forward, Toitu Ngati Porou will maintain a focus on implementing TRONPnui’s two key cultural policies and investment commitments: marae grants and the reo strategy.
In 4 years we have turned the financial performance around from overwhelming annual deficits, to producing a surplus this year. No other PHO in the country has achieved this degree of turnaround.
We continue to be dedicated to providing a dividend for our shareholders and I am happy to report that for the 12 months ended 30th June 2017, we recorded a $1 million surplus, before interest/tax. This is a similar position to the previous year’s result.
PFL’s Mission is: “From the edge of the world we deliver the finest sustainable farmed produce.” If we can deliver this promise, then by 2020 we expect to create 11 new on farm jobs, increase our earnings and grow our balance sheet.
The 2017 year was another busy year for the Ngati Porou Holding Company (NPHCL) as we continued to try to grow and develop the business of the company.
