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ANNUAL REVIEW

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FINANCIALS

Welcome to Ports of Auckland’s

Annual Review 2015

The Waitematā harbour has always been a magnet for people and trade. Its settled waters and strategic location have been recognised by all comers, from the first Polynesian explorers through to British settlers and later arrivals. On September 18, 1840, Ngāti Whātua, under Apihai Te Kawau, made land available for British settlement on the Waitematā and founded the City of Auckland.

The City of Auckland and the Ports of Auckland have grown together on the Waitematā Harbour for 175 years. The Port primarily serves Auckland delivering products and goods that Aucklanders want and need, enabling growth and vibrancy in this great city. During that time, we have also been the port of choice for Auckland manufacturers and the primary sector from across the North Island to export goods to the world.

In our early history many immigrants arrived here through this port; now we welcome visitors for short stays on more cruise ships to Auckland than at any other New Zealand port. We handle 90 - 100 cruise ships annually and each ship visit is worth about $1.5 million to the local economy, which is good for the vitality of Auckland.

We are New Zealand’s largest container port and the key hub for New Zealand’s cruise industry.

Over the years, we have reduced our footprint significantly to free up land for recreation, business and residential use. Large parts of the Auckland CBD are built of former Ports of Auckland reclamations. Today, we strive to improve our productivity and sustainability while remaining a vital part of Auckland’s, and increasingly New Zealand’s, growth and well-being.

We handle 90 - 100 cruise ships annually and each ship visit is worth about $1.5 million to the local economy, which is good for the vitality of Auckland

In this Annual Review we provide an update on the challenges and achievements of the past year and also of the challenges and opportunities we believe the future will bring. We take obligations to our owner Auckland Council and of our stewardship of the land seriously. We are committed to the continued judicious use of the Port’s land and responsible infrastructure development that will enable Aucklanders to live in a thriving, vibrant, liveable city with access to better value goods, the benefits of tourism and a world-class operation to be proud of.