Tuesday, August 18, 2015

The 7 New Zealand Companies With Market Caps Above NZ$4 Bil 2014 Audited Earnings Weak, Down 22% From 2013, Down 11% From 2008 and Down 42% From 2007, Driven By Exporting Dairy Firm Fonterra ..... Just Like Canada, New Zealand Desperately Needs TPP To Be Fairly Designed To Boost Its Companies Earnings

From a review of the superb Google Finance Website and company investor relations websites, I found 7 Companies headquartered in New Zealand which had Stock Market Capitalizations of more than NZ$4 billion.

Below here are the reported Audited Earnings (Losses) of each of  these 7 New Zealand Companies for all years reported from 2007 through 2014:


2014 2013 2012 2011 2010 2009 2008 2007

Most Audited Audited Audited Audited Audited Audited Audited Audited

Recent Net Net Net Net Net Net Net Net

2014 Income Income Income Income Income Income Income Income
New Zealand Companies FYE (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)


mils NZ$s mils NZ$s mils NZ$s mils NZ$s mils NZ$s mils NZ$s mils NZ$s mils NZ$s










Fonterra Co-Operative Group Ltd Jul 14             157             718             609             754             669             599             272             862
Auckland International Airport Ltd Jun 14             216             178             142             101               30               42             113             231
Meridian Energy Ltd Jun 14             230             295               75             303             184               89             129             241
Fletcher Building Limited Jun 14             339             326             185             283             272              (46)             467             484
Spark New Zealand Ltd Jun 14             323             270             311              (79)                 6             400             713             844
Fisher & Paykel Healthcare Corp Ltd Mar 15             113               97               77               64               64               72               62               35
Ryman Healthcare Ltd Mar 15             242             195             137             121             100               78               66               73










Total all 7
         1,620          2,079          1,536          1,547          1,325          1,234          1,822          2,770










Earnings % Reduction:








….. 2014 Below 2013
-22%






….. 2014 Below 2008
-11%






….. 2014 Below 2007
-42%