Annual Reports
The Fund's performance against the Statement of Intent is reviewed each year in its Annual Report. The governing legislation requires that the Annual Report include:
(a) The financial statements of the Fund and the Guardians for that financial year;
(b) A statement of responsibility for the financial statements of the Fund;
(c) The audit report on the financial statements;
(d) An analysis and explanation of the performance of the Fund over that financial year, including a comparison with the Guardians' expectations set out in the Statement of Intent relating to that financial year;
(e) A statement of the investment policies;
(f) A statement certifying whether or not the investment policies, standards and procedures for the Fund have been complied with throughout that financial year; and
(g) A schedule of the investment managers and custodians used by the Guardians during that financial year and the classes of investments for which each was responsible.
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Matters Relating to the Electronic Presentation of the Audited Financial Statements and Statement of Service Performance
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 and related audit report dated 14th September 2009 to confirm the information included in the audited financial statements and statement of service performance presented on this website. Legislation in New Zealand governing the preparation and dissemination of financial information may differ from legislation in other jurisdictions. |
2009 Annual Report Editorial (2.83MB)
2009 Annual Report Financials (377KB)
2009 Annual Report Executive Summary (221KB)
2008 Annual Report Editorial (pdf 1720KB)
2008 Annual Report Financials (pdf 477KB)
2007 Annual Report Editorial (pdf 1405KB)
2007 Annual Report Financials (pdf 576KB)
2006 Annual Report Editorial (pdf 1194KB)
2006 Annual Report Financials (pdf 320KB)
2005 Annual Report Editorial (pdf 204KB)
2005 Annual Report Financials (pdf 148KB)
2004 Annual Report Editorial (pdf 305KB)












