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Manukau Water Finalist for Best Annual Report
MEDIA RELEASE
Manukau City (06 October) – Manukau Water Limited has welcomed news that it has been short-listed as a finalist in a national award for the country’s best annual report.
The company is a finalist in the New Zealand
Institute of Chartered Accountants 2009 Leadership Awards
for the best annual report by a public sector organisation.
The annual report awards recognise organisations that
have excelled at disclosing the achievements of their
organisations to stakeholders, investors and the public.
Manukau Water Limited’s communications manager Mark
Reynolds said being recognised as a finalist is particularly
pleasing, as one of Manukau Water Limited’s aims as a
Council Controlled Organisation (CCO) has been to keep all
of its stakeholders informed about what it is
doing.
“We have aimed to be a world-class water and
wastewater company and part of that vision involves being
open about our achievements and future directions,” Mr
Reynolds said. “Having a good annual report is an
essential part of that communications strategy and these
awards are a great benchmark our performance alongside other
organisations.”
Winners of the awards will be
announced at the New Zealand Institute of Chartered
Accountants 2009 Leadership Awards Gala Dinner in Wellington
on 11 November.
The finalists for best practice annual
reporting by public sector organisations are: Manukau Water
Limited; New Zealand Fire Service; Reserve Bank of New
Zealand; Rotorua District Council; Watercare Services
Limited.
About Manukau Water
Manukau Water
Limited is responsible for the management of the public
water distribution and wastewater collection systems for the
people of Manukau. The company serves approximately 338,000
people living in an area covering 552 square kilometres. It
manages infrastructure assets worth nearly $1 billion.
Manukau Water Limited does not operate for the purpose of
making a profit, but it is required to recover its costs
from customers. For the next financial year the company is
forecasting a loss, mainly due to investment in new
infrastructure.
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