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- Release Date: 01/03/13 17:44
- Summary: HALFYR: AKC: Solid six months for council group
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AKC
01/03/2013 15:44
HALFYR
REL: 1544 HRS Auckland Council
HALFYR: AKC: Solid six months for council group
Media release
1 March 2013
Solid six months for council group
Auckland Council Group has announced a total after-tax surplus of $478
million in the first six months of the 2012/2013 financial year, with an
underlying $62 million net operating surplus for the period.
Australasia's largest local body also reported the value of its net assets
had increased by $455 million.
These details are outlined in the Group's half-year results reported to the
NZX today.
Auckland Council Chief Finance Officer, Andrew McKenzie says the results
reflect the Group's focus on delivering savings and efficiencies and
continuing to find opportunities to transform the organisation, so it can
deliver the benefits of amalgamation.
"These results represent a solid six months for the group as we deliver on
the vision to create the world's most liveable city in an affordable way."
People are already experiencing many of those benefits; in the six months to
the end of 2012 many major regional and local projects were completed or
kicked off.
These include:
First year of the new single rating system implemented
The HOP integrated ticketing system on trains and ferries introduced
Auckland was named in the top 10 rankings of all three major international
quality of life surveys
A revitalised Hurstmere Green in Takapuna was reopened
Construction began on new library in Wellsford
Redevelopment of the Lopdell House precinct in Titirangi started
Refurbishment of the Massey Park Aquatic Centre got underway
Customer services received 1,255,434 calls
Solid waste and dog management bylaws adopted
City Centre Masterplan, the Waterfront Plan and the Economic Development
Strategy launched.
Work began on transforming Shed 10 on Queen's Wharf
Auckland named second in 2012 International Sports City Awards.
A final copy of half-year report will be available on council's website by
the end of March.
Ends
For media assistance, please contact:
Angela Jones
Senior media advisor
Auckland Council
021 227 7985
End CA:00233674 For:AKC Type:HALFYR Time:2013-03-01 15:44:16
