meteorological service of new zealand ltd
Annual Report 2013
22
Corporate Governance Statement (cont.)
Directors’
Report
Directors’ remuneration
Directors’ remuneration and benefits received, or due and receivable
during the accounting period, are as follows (no remuneration
was paid to Directors in their capacity as directors of Metra
Information Limited).
Sarah Smith (Chairperson)
$46,000
Greg Cross (Deputy Chair)
$28,750
Carlos da Silva
$15,333
Carolyn Harkess
$23,000
David Houldsworth
$7,703
James Koh
$23,000
Judy Kirk
$23,000
Te Taru White
$23,000
Total Directors’ Remuneration
$189,786
David Houldsworth was replaced by Carlos da Silva in November 2012.
Directors’ Interests Register
Sarah Smith
Verification NZ Ltd
Director
Christchurch City Holdings Limited
Director
Sasco Holdings Limited
Director
Cashel Properties Limited
Director
Devon Chambers Limited
Director
Oxford Estates Limited
Director
EcoCentral Limited
Director
Warren Architectural Trust
Trustee
Ohinetahi Charitable Trust
Trustee
SLI Systems Limited
Director
Greg Cross
Cross Ventures Ltd
Shareholder/Director
Cross Ventures Investments Ltd
Director
PowerbyProxi Ltd
Shareholder/Executive
Chairman
BiciVida Ltd
Shareholder/Executive
Director
SLI Systems Ltd
Shareholder/Chairman
Movac Fund 3
Venture Partner
Fronde Group Ltd
Director
KCWTrust
Trustee
Carlos da Silva
Fisher & Paykel Finance Group:
Fisher & Paykel Finance Holdings Ltd
Director
Fisher & Paykel Finance Ltd
Director
Fisher & Paykel Financial Services Ltd
Director
Equipment Finance Ltd
Director
Consumer Finance Ltd
Director
Consumer Insurance Services Ltd
Director
Retail Financial Services Ltd
Director
DA SILVA Advisory Ltd
Director
IT Partners Ltd
Director
IT Partners Group Ltd
Director
Lightwire Ltd
Director
Trelise Cooper Group Ltd
Director
Trelise Cooper Property Ltd
Director
LGC Trustee Ltd
Director
Gardon Ltd
Director
Milk Management Co Ltd
Director
Guarda Trust
Trustee
Andrew Johnson Business Trust
Trustee
Te Maunga Trust
Trustee
Seguro Trust & Cabeca Trust
Trustee
Coromandel Trust
Trustee
Waikato Rental Trust
Trustee
Homeopathic Trust
Trustee
Ocean Sands Trust
Trustee
The Westervelt Company NZ Ltd
Advisory Board
Carolyn Harkess
NZRL Southern Zone
Director
Southern Pine Products
Strategic Projects
Manager
Judy Kirk
NZ Lotteries Commission
Chairman
J M K Consultancy Ltd
Shareholder/Director
James Koh
Eyredale Farming Company Ltd
Director
Koh Holdings ltd
Director
Te Taru White
Te Taru White Consultancy Limited
Owner/Director
Media 3D Limited
Shareholder/Director
Lottery Environment Heritage Committee Committee Member
Directors’ loans
There were no loans by the Company to Directors.
Directors’ insurance
The Company has arranged policies for Director’s Liability Insurance,
which ensures that generally Directors will incur no monetary loss as
a result of actions undertaken by them as Directors. Certain actions
are specifically excluded, for example the incurring of penalties and
fines which may be imposed in respect of breaches of the law.
Donations
The Company made no donations during the year.
Changes in accounting policies
There have been no material changes in accounting policies in the
latest financial year.
For, and on behalf of the Board, which authorised the issue of the
financial report on 20 August 2013.
S Smith
C M da Silva
Chairperson
Audit & Risk Chairman
