Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Construction underpins 2013 business performance


Construction underpins 2013 business performance – Media release

29 August 2014

Total sales for New Zealand businesses increased 1.4 percent (to $531.5 billion) in the 2013 financial year, Statistics New Zealand said today. This followed a 4.2 percent increase in the 2012 financial year.

“Most of the industry groups showed growth in the 2013 financial year, with the sales increase in the construction industry being particularly strong," national accounts manager Gary Dunnet said.

For the construction industry, sales were up $2.8 billion (8.3 percent). Associated industries, retail trade and accommodation; and professional, scientific, technical and administration services, showed moderate increases. The agriculture, forestry and fishing industry showed the largest decrease, with sales dropping $0.9 billion (2.7 percent).

Total income was down 0.1 percent ($0.3 billion), to $611.0 billion in 2013. This followed a 6.0 percent increase in the 2012 financial year. The drop in income was due mainly to the financial and insurance services industry and followed an exceptional rise in this industry in 2012.

Surplus before income tax increased to $63.6 billion in 2013, up (7.9 percent) from $59.0 billion in the 2012 financial year. This was primarily due to a larger decrease in total expenditure than in total income.

The Annual Enterprise Survey (AES) is Statistics NZ’s most comprehensive source of financial statistics. It provides annual financial performance and position information about businesses operating in New Zealand.

We encourage the wider use of the AES data for business decision-making or economic-policy formation. For example, see industry benchmarks for statistics we produce with Inland Revenue that are linked with AES.

See Annual Enterprise Survey: 2013 financial year (provisional) for detailed data in the downloadable tables.

See Annual Enterprise Survey for additional variables and ratios.

See ANZSIC 2006 industry classification for background information.

Ends

For more information about these statistics:
• Visit Annual Enterprise Survey: 2013 Financial year (provisional)
• Open the attached files
AnnualEnterpriseSurvey13.pdf
aes13tablesbroadindustrygroup.xls

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Statistics: Dairy And Travel Still Our Largest Export Earners

New Zealand earned $2.3 billion more from exports than we spent on imports during the year ended June 2015... total exports of goods and services were $67.5 billion, while total imports were $65.1 billion. More>>

ALSO:

Approval: Air New Zealand And Air China Launch New Alliance Route

Air New Zealand and Air China have today launched joint sales for a new daily direct service between Auckland and Beijing after receiving approval from New Zealand Minister of Transport Hon Simon Bridges to form a strategic alliance. More>>

ALSO:

Money Trading: FX Trader Jin Yuan Finance Warned Over Lack Of Monitoring

Jin Yuan Finance, an Auckland-based foreign exchange trader, has been warned over its lack of anti-money laundering processes in place in the first public notification by the Department of Internal Affairs. More>>

ALSO:

Auckland Surge, Possible Peak: House Values Accelerate At Fastest Annual Pace In 8 Years

New Zealand residential property values rose at their fastest annual pace in eight years in August, pushed higher by overflowing demand in Auckland, which is showing signs speculators think it has reached its peak, according to Quotable Value. More>>

ALSO:

Cash Money: Reserve Bank Launches New $5 And $10 Banknotes

The $5 and $10 final banknotes were revealed at an event at the Bank in Wellington, and will start to be released from mid-October 2015. More>>

ALSO:

Truck Sales Booted: Commerce Commission Files Charges Against Mobile Trader

The Commerce Commission has filed charges against a mobile trader, or truck shop operator, claiming he obtained money from customers by deception and never intended to supply them with the goods they paid for. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news