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2006 Annual Report

Financial highlights

  • Net after-tax profit $1.0 million (2004, $1.2 million)
  • Total revenue $46 million (2005, $43 million)
  • Commercial revenue $13.4 million (2005, $12.9 million)
  • Shareholders’ equity $17.5 million (2005, $16.8 million)
  • Return on equity 6.1 percent (2005, 7.5 percent)
  • Revenue per FTE $161,000 (2005, $155,000)
  • Total staff of 285, comprising 207, research support 37, and general support and management 41

Non-financial highlights

  • 189 research papers in refereed scientific journals
  • 203 consultancy reports
  • Case submitted to UN for extension of NZ's continental shelf
  • Major review of NZ's tsunami hazards
  • 2500 radiocarbon samples dated using accelerator mass spectrometry
  • Joint Antarctic Research Institute established with Victoria University
  • Relocation to 12,000 square metre facility at Avalon, Lower Hutt

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