Tag Archives: Dunedin Venues

DCC: DCHL half year result to 31 December 2015

Council Chamber, Municipal Chambers, Dunedin [architecturenow.co.nz] 1Council Chamber, Municipal Chambers [via architecturenow.co.nz]

Dunedin City Council – Media Release
Dunedin City Holdings Limited Half Year Result to 31 December 2015

This item was published on 22 Feb 2016

Dunedin City Holdings Limited has reported a surplus of $8.7 million for the six months to December 2015.

The financial result was the first with the inclusion of both Dunedin Venues Limited (DVL – the company that owns the Forsyth Barr Stadium and is the landlord) and Dunedin Venues Management Limited (DVML – the event management company, which currently operates out of the Stadium and the Dunedin Centre) are now included in the Dunedin City Holdings Limited group of companies.

The net surplus for the group has decreased from the $10.1 million reported in the six months to 31 December 2014. Including the impact of DVL and DVML though, ie a like for like comparison, reveals a $2.7 million increase in surplus for the six months.

The continuing recent trend of debt reduction has also been a highlight of the financial period. Total debt has decreased from $593 million at the end of June 2015 to $588 million at the end of December, a $5 million decrease.

Dunedin City Holdings Limited Chairman Graham Crombie says, “It is pleasing to once again be able to show an improved financial result for the group. The like for like increase in surplus for the group, along with the reduction in debt levels, continues to reflect the improvement in the overall financial performance of the individual companies within the group.”

Aurora Energy Limited’s profit is down slightly on the previous year, but revenue has continued to grow. The company is continuing its major asset improvement and renewal programme, which is forecast to involve $372 million of expenditure over a 10 year period.

Improvements in both international and domestic demand, and a fall in the New Zealand dollar, were key factors for City Forests Limited. Along with reduced costs because of lower fuel prices and international shipping rates, this has led to healthy increase in surplus. The company’s net surplus has increased from $3.7 million in 2014 to $5 million in 2015.

Delta Utility Services Limited has also experienced a slight decrease in surplus for the six months, but continues to be in line with budget expectations. The company continues to develop its asset management, energy and environmental divisions.

Taieri Gorge Railway Limited has experienced an increase in revenue for the six months, reflecting a 10.2% increase in passenger numbers. Cost pressures over the reporting period have resulted in the surplus for the period being down compared with the same period last year.

The impact of increased event income, along with the implementation of the recommendations of the Dunedin City Dunedin Council’s Stadium review, has seen a significant increase in DVML’s financial result. The company has moved from a $1 million loss in 2014 to a reported six month surplus of $300,000. Mr Crombie says this is a significant turnaround for the company.

DVL has reported a net loss of $4 million compared to a loss of $4.4 million for the corresponding six month period last year. This is largely due to the impact of the Stadium review.

A rise in operating revenue, along with a decrease in interest costs, has resulted in an increase in the financial performance of Dunedin International Airport.

Contact Graham Crombie, Chairman Dunedin City Holdings Limited on 477 4000.

DCC Link

The Delta Affair by Douglas Field 23.2.16The Delta Affair [Douglas Field 23.2.16]

OTAGO DAILY TIMES
Corresponding DCC/DCHL reports below this group of news stories.

Councillors celebrate, criticise
By Chris Morris on Tue, 23 Feb 2016
A surplus of $8.7million delivered by the Dunedin City Council’s group of companies was cause for celebration and angst yesterday. The divergent views came as councillors discussed the results from Dunedin City Holdings Ltd and its subsidiaries for the six months to December 31 last year at yesterday’s full council meeting.

Delta loss could top $20 million
By Chris Morris on Tue, 23 Feb 2016
Delta’s potential loss from a stalled Christchurch subdivision could top $20 million, and was still growing as the company pumped more money in to secure its position, it has been confirmed. But the Dunedin City Council-owned company has all but given up already on recovering at least part of what it is owed, which is included as a “doubtful debt” on the company’s books.

DCC stating expectations
By Chris Morris on Tue, 23 Feb 2016
The Dunedin City Council is moving to spell out the expectations it has from its companies for the first time. But the move has already been dismissed as window-dressing by Cr Lee Vandervis, prompting a debate at yesterday’s full council meeting.

Conflict policy code reworking requested
By Vaughan Elder on Tue, 23 Feb 2016
Fears of unintended consequences caused Dunedin city councillors to request more work be done on a code of conflict policy. The policy, which consolidates the management of staff conflicts of interest in one document, was considered for adoption at yesterday’s meeting, but was sent back to chief executive Sue Bidrose.

Councillors back rounding of pool charges
Tue, 23 Feb 2016
Dunedin City councillors have supported rounding pool charges to the closest 50c. Council staff said rounding pool charges would simplify the cash handling process for customer service staff and result in quicker transactions for people paying with cash.

Dunedin stadium in the black
By Chris Morris on Mon, 22 Feb 2016
The company running Dunedin’s Forsyth Barr Stadium has turned a $1 million loss into a six-figure profit, and is forecasting greater returns in future.
The result came as the Dunedin City Council’s group of companies released their latest six-month reports and statements of intent, which will be discussed at today’s full

Conflicts of interest policy
By Chris Morris on Mon, 22 Feb 2016
Dunedin city council staff could be forced to resign under a new conflicts of interest policy to be considered by councillors today. The new policy would cover all council staff and contractors, but not councillors, who would be the subject of a separate report still being prepared.

DUNEDIN CITY COUNCIL
A full council meeting was held on Monday, 22 Feb 2016, starting at 1:00 pm.

Agenda – Council – 22/02/2016 (PDF, 53.7 KB)

Report – Council – 22/02/2016 (PDF, 63.8 KB)
Dunedin City Holdings Ltd Financials for the Six Months Ended 31 December 2016

Report – Council – 22/02/2016 (PDF, 542.4 KB)
Dunedin City Holdings Ltd Six Months Financial Statements for the Period Ended 31 December 2015

Report – Council – 22/02/2016 (PDF, 66.1 KB)
Dunedin City Holdings Ltd Group of Companies Financials for the Six Months Ended 31 December 2015

Report – Council – 22/02/2016 (PDF, 2.0 MB)
Aurora Energy Ltd Six Months Financial Statements for the Period Ended 31 December 2015

Report – Council – 22/02/2016 (PDF, 206.1 KB)
City Forests Ltd Six Months Financial Statements for the Period Ended 31 December 2015

Report – Council – 22/02/2016 (PDF, 2.5 MB)
Delta Utility Services Ltd Six Months Financial Statements for the Period Ended 31 December 2015

Report – Council – 22/02/2016 (PDF, 191.6 KB)
Dunedin City Treasury Ltd Six Months Financial Statements for the Period Ended 31 December 2015

Report – Council – 22/02/2016 (PDF, 1.1 MB)
Dunedin International Airport Ltd Six Months Financial Statements for the Period Ended 31 December 2015

Report – Council – 22/02/2016 (PDF, 493.6 KB)
Dunedin Venues Ltd Six Months Financial Statements for the Period Ended 31 December 2015

Report – Council – 22/02/2016 (PDF, 314.9 KB)
Dunedin Venues Management Ltd Six Months Financial Statements for the Period Ended 31 December 2015

Report – Council – 22/02/2016 (PDF, 583.3 KB)
Taieri Gorge Railway Ltd Six Months Financial Statements for the Period Ended 31 December 2015

Report – Council – 22/02/2016 (PDF, 174.4 KB)
Dunedin City Council’s Letter of Expectations for 2016/17

Report – Council – 22/02/2016 (PDF, 68.3 KB)
Draft Statement of Intent – Dunedin City Holdings Ltd

Report – Council – 22/02/2016 (PDF, 192.0 KB)
Dunedin City Holdings Ltd Draft Statement of Intent 2017

Report – Council – 22/02/2016 (PDF, 828.7 KB)
Aurora Energy Ltd Draft Statement of Intent 2017

Report – Council – 22/02/2016 (PDF, 192.7 KB)
City Forests Ltd Draft Statement of Intent 2017

Report – Council – 22/02/2016 (PDF, 111.3 KB)
Delta Utility Services Ltd Draft Statement of Intent 2017

Report – Council – 22/02/2016 (PDF, 92.5 KB)
Dunedin City Treasury Ltd Draft Statement of Intent 2017

Report – Council – 22/02/2016 (PDF, 1.6 MB)
Dunedin International Airport Ltd Draft Statement of Intent 2017

Report – Council – 22/02/2016 (PDF, 50.3 KB)
Dunedin Venues Ltd Draft Statement of Intent 2017

Report – Council – 22/02/2016 (PDF, 119.1 KB)
Dunedin Venues Management Ltd Draft Statement of Intent 2017

Report – Council – 22/02/2016 (PDF, 70.4 KB)
Taieri Gorge Railway Ltd Draft Statement of Intent 2017

Report – Council – 22/02/2016 (PDF, 130.6 KB)
Conflicts of Interest Policy (Council Officers)

Report – Council – 22/02/2016 (PDF, 1.7 MB)
Wastewater Connection to 38 Church Hill Road

Report – Council – 22/02/2016 (PDF, 84.1 KB)
Community Engagement Plan for 2016/17 Annual Plan

Report – Council – 22/02/2016 (PDF, 295.4 KB)
2016/17 Aquatics Fees – Options for Annual Plan Consultation

█ Source: DCC webpage

Posted by Elizabeth Kerr

36 Comments

Filed under Business, DCC, DCHL, DCTL, Delta, Democracy, Dunedin, DVL, DVML, Economics, Infrastructure, Media, Name, New Zealand, People, Politics, Project management, Property, Resource management, Site, Stadiums, Tourism, Town planning, Transportation

Reminder to DVML | Annual cost for Stadium stings renters ratepayers $25M

16.12.15 ODT: Concerts a $20m bonus
International promoters are eyeing Dunedin for regular sell-out concerts after Forsyth Barr Stadium delivered strong ticket sales and a nearly $20 million boost to the city’s economy […] DVML chief executive Terry Davies said the results showed the stadium was delivering on “two key drivers” – delivering economic benefits and a boost to the city’s pride.
http://www.odt.co.nz/news/dunedin/367093/concerts-20m-bonus

Comment at ODT Online:

Stadium economic dis-benefit
Submitted by JimmyJones on Mon, 21/12/2015 – 8:15pm.

DVML claims an economic benefit to Dunedin of $19.7 million for the concerts held this year. Economic benefit figures are notoriously exaggerated, especially when they are provided by someone whose reputation is at stake.

Anyway, it is misleading to claim a $20 million boost to the Dunedin economy without mentioning the annual $25 million (aprox.) cost to renters and ratepayers to fund the stadium. This is a net drain on the local economy and something Mr Davies and Mayor Cull should be ashamed of.

Also, almost none of the citizens forced to pay for this financial disaster receive any financial benefit from this so-called economic benefit – this is a wealth transfer, with a few businesses benefiting greatly at the expense of all the citizens of the city – the many suffer, to benefit the few. On the whole the stadium continues to be a millstone around the neck of Dunedin’s economy.

[ends]

Posted by Elizabeth Kerr

projectimagestreamstadium2-ashxForsyth_Barr_Stadium_ ETFE_Roof_5 of 6

*Images: fubar stadium, Dunedin

5 Comments

Filed under Business, Concerts, Construction, CST, DCC, Democracy, Dunedin, DVL, DVML, Economics, Events, Media, Name, New Zealand, NZRU, OAG, Ombudsman, ORFU, People, Perversion, Politics, Project management, Property, Sport, Stadiums, Travesty

Dunedin Venues’ (DVML) clandestine operations for Rugby-Business

Rugby at fubar [orfu.co.nz community] 12015 Club Rugby: Harbour v University at fubar [orfu.co.nz community]

DVML’s Terry Davies has gone deliberately quiet on all SECRET SANTA help his company gives to Otago Rugby, more evidently so following recent purchase of The Highlanders by local parochials.

Yesterday’s dish-out to ORFU (“charitable status”) is just another *feel good* cover to the multimillion-dollar transgressions charged to Dunedin ratepayers, for PROFESSIONAL RUGBY operations.

MAKING IT WORK
Remember fubar stadium is costing ratepayers over $25 million per annum. The ‘blistering handiwork’ of Mayor Dave Cull and his cronies, Greater Dunedin.
NONsustainable as all HELL.

Rugby Otago v Canterbury at fubar stadium 15.8.15 [orfu.co.nz community] 4Rugby Otago v Canterbury at fubar stadium 15.8.15 [orfu.co.nz community OtagoVNorth_SCowhey02] 2Otago v Canterbury at fubar stadium 15.8.15 [orfu.co.nz community]

Dunedin Venues’ September funding gave $267,819.60 to 24 community organisations to hold 53 events.

Dunedin Venues Management Ltd – Media Release
DVML Community Events Funding September Funding Round Allocations

8 December 2015

As part of the Community Access Service Level Agreement with Dunedin City Council, DVML has annual funding of $750,000 to allocate for community events/activities to be held at Forsyth Barr Stadium and the Dunedin Centre. The funding provides financial support to people, community groups and/or organisations that have a charitable status or are a not for profit organisation, to enable community users to utilise the facilities, resources and equipment across the venues.

The September funding applications have now been processed with 53 events/activities by 24 organisations receiving funding. A total of $267,819.60 has been allocated as follows:

Group/Name of Organisation | Funding value

Forsyth Barr Stadium
Athletics Training Squad —$3,700.00
Southern Skating —$14,580.00
●●● ORFU —$19,940.96
Athletics Otago —$3,090.00
Athletics NZ —$18,870.96
Southern United Football —$43,982.88
Sport Otago —$ 10,210.00
NZ Master Games —$15,720.96
Historic Motoring —$4,000.00
SARINZ Trust —$14,730.00
Plunket —$16,110.96
Playcenter —$16,110.96
Natural Health & Wellbeing —$1,450.00
Wishbone Trust —$5,350.00
Kavanagh College —$14,660.96
Dog Rescue Dunedin —$19,530.96
Fibromyalgia Awareness —$ 2,450.00
Malcam Charitable Trust —$14,350.00
Dunedin Bike Blade & Board Development Trust —$5,240.00
Kaikorai Valley College —$2,740.00

Dunedin Centre
NZ Masters Games —$6,000.00
Southern Sinfonia —$5,000.00
Sport Otago —$6,000.00
NZ Choral Federation —$4,000.00

█ The next round of funding for events happening 1 July to 31 December 2016, will open on 1 February and close on 4 March 2016. There are specific criteria which applicants must meet and the application form and policy can be downloaded at http://www.dunedinvenues.co.nz.

Source: http://www.dunedinvenues.co.nz/whats-on/latest-news/dvml-community-events-funding-september-funding-round-allocations/

****

### ODT Online Wed, 9 Dec 2015
Community groups get $267,819
Dunedin Venues Management Ltd has given more than $250,000 to community groups in its September funding round, it was confirmed yesterday. DVML marketing and communications manager Kim Barnes said as part of the community access service level agreement with Dunedin City Council, DVML had $750,000 in annual funding to allocate for community events and activities to be held at Forsyth Barr Stadium and the Dunedin Centre.
Read more

Related Posts and Comments:
29.11.15 Lively dialogue with DVML’s Terry Davies —Not ! #LGOIMA #Stadium
1.3.15 DCC: DCHL/DVL/DVML limited half year result | Term borrowings $586.5M
28.2.15 Blonde ‘lawyer’ takes over DVML —expect no change
1.12.14 Stadium Review: LGOIMA request and 2009 Town Hall speeches
21.11.14 Stadium Review: Mayor Cull exposed
19.11.14 Forsyth Barr Stadium Review
8.10.14 Stadium: Liability Cull warns ratepayers could pay more to DVML
6.10.14 Stadium misses —like it would ever happen, Terry
25.9.14 DVML on Otago Rugby and Rod
13.9.14 DVML and ORFU refuse to disclose 2012 Otago Rugby deal
1.8.14 DVML and the “Otago Rugby” deal (sponsorship and payments)

For more, enter the terms *dvml*, *dvl*, *rugby*, *orfu*, *highlanders*, *stadium*, *carisbrook*, *nzru*, *cst*, *pokies*, *aurora* and *high performance sport new zealand* in the search box at right.

Posted by Elizabeth Kerr

2 Comments

Filed under Business, Carisbrook, Concerts, Construction, CST, Delta, Dunedin, DVL, DVML, Economics, Enterprise Dunedin, Events, Highlanders, Hot air, Infrastructure, Media, Name, New Zealand, NZRU, OAG, Ombudsman, ORFU, People, Politics, Project management, Property, Site, Sport, Stadiums

Dunedin Venues Community Events Fund 2015

ODT 31.1.15 (page 4)
ODT 31.1.15 Advert Dunedin Venues p4

### dunedintv.co.nz February 2, 2015 – 5:57pm
Community groups and organisations invited to use Forsyth Barr Stadium
Dunedin community groups and organisations are invited to apply for funding to use Forsyth Barr Stadium. Each year the company that runs the stadium has to allocate $750,000 in funding for community use. That’s part of its agreement with the Dunedin City Council. The money covers the cost of using the stadium for non-profit groups and charities. It’s for events which encourage community use of the facility, resources and equipment. Funding is now available for events in the second half of this year. A second funding round, for next year’s events, will open in September.
Ch39 Link [No video available]

Posted by Elizabeth Kerr

3 Comments

Filed under Business, DCC, DVML, Economics, Events, Media, Name, New Zealand, People, Politics, Project management, Property, Site, Sport, Stadiums

DVML: New monthly updates in local press

HOT page 5 beefcake.

IMG_20140902_180724ODT advert 2.9.14 (detail)

Posted by Elizabeth Kerr

*Image: whatifdunedin (cameraphone)

9 Comments

Filed under Business, Concerts, DCC, DVML, Economics, Events, Fun, Hot air, Media, Name, New Zealand, NZRU, ORFU, People, Politics, Project management, Property, Site, Sport, Stadiums, What stadium

DVML catering and commercial kitchens….

FB Stadium: The exclusions included a kitchen fit-out, broadcasting facilities, electronic turnstiles, score boards and replay screens.

FB Stadium: On site commercial kitchens with secondary kitchen facilities on Level Two and Level Four
– Bar areas on Level Two and Level Four
– Suites and lounges on Level Four with air conditioning

Questions, questions.

Why is Dunedin Venues Management Ltd (DVML) getting rid of their employees in order to employ Compass Group (the caterers) employees?

Perhaps because Compass were going to pull out as it wasn’t viable to do business at the Stadium? If Compass pulled out they would make Dunedin City Council pay them back the $3 million they invested in catering equipment at the stadium?

Oi! What events?!

FBS kitchens [projectstainless.co.nz]Images: projectstainless.co.nz

Related Posts and Comments:
19.3.11 ‘Forsyth Barr Stadium Base Building Further Requirements’

Posted by Elizabeth Kerr

7 Comments

Filed under Business, Construction, CST, DCC, Design, DVML, Economics, Events, Hot air, New Zealand, ORFU, People, Politics, Project management, Property, Site, Sport, Stadiums

DVML: No harassment policy or complaints procedure II

Received from Bev Butler
Mon 21 Jul 2014 at 11:44 p.m.

Message: Just received the attached letter from Terry Davies, dated 17 July 2014.
There are still NO sexual harassment or complaints policies in place at DVML in spite of my letter to ODT at the end of last year alerting Sir John Hansen.
Sexual harassment has allegedly taken place, complaints were made against a senior manager of DVML and no action taken.
Why did Sir John Hansen not take this issue seriously enough to put these policies in place to protect the DVML staff?
[ends]

DVML Sexual harrassment and complaints policies (PDF, 458 KB)

Terry Davies letter 17.7.14 DVML sexual harassment and complaints policies

Related Post and Comments:
20.12.13 DVML: No harassment policy or complaints procedure, really?

Posted by Elizabeth Kerr

10 Comments

Filed under Business, DCC, Democracy, DVML, Media, Name, New Zealand, People, Politics, Project management, Property, Site, Sport, Stadiums