GOVERNANCE & FINANCIALS
BEHIND THE NUMBERS
BEHIND THE NUMBERS
Our financial management and business planning are based on sound commercial practice and all relevant statutory and regulatory requirements. In this section, you will find our financial results and supporting materials.
Pāmu Farms of New Zealand (brand name of Landcorp Farming Limited) seeks to maximise financial returns to shareholders while operating within the general commercial laws of New Zealand and the State-Owned Enterprises (SOEs) Act 1986.
The company is owned by the Crown but operates at arm's length from the government, and in competition with other entities in the public and private sectors. Its shares are held by the Minister of State-Owned Enterprises and the Minister of Finance (50% each).
We report publicly on financial management and performance, and on business strategies and other measures of performance, in respect of each financial year (ended 30 June) and each first-half year (ended 31 December).
The Statement of Corporate Intent (SCI) sets out the company's intentions and key objectives and is updated each year.
Click here to view the current SCI 2024 - 2026.
Our annual and half-year reports are publicly available once they are tabled in the New Zealand Parliament (usually during October for the annual report and March for the half-year report).
To understand and ensure the business is well-placed to deal with the risks and opportunities of climate change Pāmu has developed its first voluntary Climate-related Disclosure. This has been aligned with the Financial Sector (Climate-related Disclosures and Other Matters) Amendment Act 2021 and the subsequent guidance provided by the external reporting board.
Click here to view the Climate-related Disclosure.
Our guiding principles for how we work. Click here for our company constitution.