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Ngāi Te Rangi Settlement Trust

This report highlights the financial performance, revenue, expenses, assets, and investments of Ngāi Te Rangi Settlement Trust for the year ended June 2018. The trust aims to assert mana whenua and diversify its asset mix for long-term risk mitigation while pursuing investments aligned with Ngāi Te Rangi beliefs.

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Ngāi Te Rangi Settlement Trust

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  1. Ngāi Te Rangi Settlement Trust Financial Highlights • For the year ended 30 June 2018

  2. Contents Group Structure Highlights Performance Summary Revenue Expenses Assets Investments Equity/Net Assets Looking Forward

  3. Group Structure Majority consistent hapū/governance/senior management Ngāi Te Rangi Iwi Settlement Trust Te Rūnanga o Ngāi Te Rangi Iwi Trust 33% 100% 100% 100% Tauranga Moana Iwi Collective Leasing Company Ngāi Te Rangi Hi Ika Limited Ngāi Te Rangi Investments LP Ngāi Te Rangi Fisheries AHC Limited 7.64% 16.7% Iwi Collective Partnership – Koura Facilities Mataatua Fishing Quota ACE Holdings Limited Tauranga Moana Iwi Collective LP Key – Outline recorded within Group figures given full ownership Outline recorded as investments given low proportionate ownership

  4. Highlights 4 3 2 EquityIncrease in net assets/equity of $0.7m. 1 AssetsIncrease in assets of $5.6m 92 Second AvePurchase of commercial property to diversify our asset mix and mitigate risk Net IncomeIncrease in net income (NST/NST LP) of $160k

  5. Performance

  6. Revenue

  7. Expenses

  8. Balance Sheet

  9. Assets

  10. Looking Forward • Continue to assert mana whenua • Continue to diversify our asset mix to ensure long term risk mitigation • Pursue long term investments that adhere to Ngāi te Rangi beliefs

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