Annual Report 2018

Annual Report

2018

Table of Contents

Approval by Directors

4

Directory

5

Statutory Information

6

Chairman and General Manager's Report

7

Statement of Accounting Policies

10

Statement of Financial Position

18

Statement of Comprehensive Income

19

Statement of Changes in Equity

20

Statement of Cash Flows

21

Notes to the Financial Statements

22

Statement of Service Performance

40

Audit Report

42

IAL ANNUAL REPORT 2018 3

Approval by Directors

The Directors have approved for issue the financial statements of Invercargill Airport Limited for the year ended 30 June 2018.

___________________________ ___________________________

T M Foggo

R M Walton

ChairmanDirector

For and on behalf of the Board of Directors 26 September 2018

4

Directory

DIRECTORS WHO HELD OFFICE DURING THE YEAR ENDED 30 JUNE 2018

Mr TM Foggo - Chairman Mr RM Walton Mr J Green Mr T Shadbolt Mr S O'Donnell

MANAGEMENT

Mr N Finnerty - General Manager

REGISTERED OFFICE

C/- Invercargill City Council 101 Esk Street Invercargill 9810

POSTAL ADDRESS

PO Box 1203 Invercargill 9840

AUDITOR

Audit New Zealand Dunedin

BANKERS

Westpac

SOLICITORS

AWS Legal 151 Spey Street Invercargill 9810

PHYSICAL ADDRESS

106 Airport Avenue Invercargill

Phone (03) 218 6367 Fax (03) 218 6939

IAL ANNUAL REPORT 2018 5

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