New Zealand Post 1995-96 annual report
Standard letter postage price reduced from 45 cents to 40
CONTENTS cents.
Record profitability of $75.2 million after tax.
Implementation of free Rural Delivery service and
introduction of full courier service throughout the rural
network resulted in a 20 per cent increase in Rural Delivery
box holders.
Strong growth in all areas of business – letters, courier and
parcels, and international.
Letter volume growth of over five per cent experienced for
the fourth year in a row.
Awarded two Tradenz export awards: – for international
advisory services – for overseas stamp sales.
Strong retail growth with 29 new Post Shops opened during
the 1995-96 year.
“Caring for Communities” sponsorship programme
established.
America’s Cup, Nuclear-Free and Famous New Zealanders
stamp issues attracted widespread public interest.
LOOKING AHEAD
Development of leading edge retail outlets throughout
communities in New Zealand.
Opportunities for growth of direct marketing and electronic
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Highlights http://www.nzpost.co.nz/nzpost/corporate/annrep/highlights.htm
message mail.
Aiming to lead the country in “Best Practice” through
adopting risk management and economic value-added
systems.
Highlights . Chairmans Report . About New Zealand Post . Chief Executive’s Comments .
Keyfacts
Financial Highlights . Six Year Trend . Statements of Financial Performance . Statements
of Movements in Equity
Statements of Financial Position . Statements of Cash Flows . Statutory Information 2 .
Directory
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Chairmans Report http://www.nzpost.co.nz/nzpost/corporate/annrep/chairman.htm
CHAIRMAN’S REPORT
HOME
I am proud to be Chairman of New
Zealand Post. Highlights of this year are:
CONTENTS
A record profit.
Performance ahead of budget.
Good all-round operational
standards.
Customers’ positive response to the
reduction in the standard letter price
to 40 cents.
This is an excellent performance by New Zealand Post.
Fol
