NZ Hunter – August 2019

Group Financial Report

FOR THE YEAR ENDED 28TH FEBRUARY 2018

Consolidated Statement of Comprehensive Revenue & Expenses

for year ended 28th February

2018 2017

NZD$000

Income

Membership 351 383

Other Supporter Income 5,216 4,587

Bequests 1,530 916

Grants 762 1,053

Other Income 1,320 859

Gama Foundation – Donation 80 5,000

Grant & Marilyn Nelson Endowment Fund 172 34

Total Income 9,432 12,831

Expenditure

Conservation 3,818 3,846

Organisational Support & Governance 1,629 1,538

Membership & Fundraising 2,862 2,906

Other Expenditure 303 50

Grant & Marilyn Nelson Endowment Fund Expenditure 27 -

Total Expenditure 8,640 8,341

Net Surplus 792 4,490

Consolidated Statement of Changes in Net Assets / Equity

for year ended 28th February

Accumulated Revenue & Restricted Total Net

Expense Reserves Asset / Equity

Balance as at 1 March 2016 9,624 385 10,009

Total Comprehensive revenue & expense for the year 4,490 – 4,490

Transfer – Restricted & Branch Reserves (5,247) 5,247 –

Balance as previously stated 8,867 5,632 14,499

Transfers – Restricted & Branch Reserves (113) 113 –

Balance as at 28 February 2017 8,755 5,744 14,499

Total Comprehensive revenue & expense for the year 792 – 792

Transfer – Restricted & Branch Reserves (473) 473 –

Balance as at 28 February 2018 9,073 6,218 15,291

Consolidated Statement of Financial Position

as at 28th February

Current Assets 5,431 9,832

Grant & Marilyn Nelson Endowment Fund 5,233 –

Non Current Assets 6,992 7,099

Total Assets 17,656 16,932

Current Liabilities 1,672 1,706

Non Current Liabilities 693 726

Total Liabilities 2,366 2,433

Equity 15,291 14,499

Total Equity & Liabilities 17,656 16,932

Summary Statement of Cash Flows

For the year ended 28 February

Net Operating Cash Flow 1,033 4,441

Net Investing Cash Flow 1,219 (5,441)

Net Cash Flow 2,253 (1,000)

Cash and cash equivalents at begining of year 1,598 2,598

Cash and cash equivalents at end of year 3,850 1,598

All of these figures are units of $1,000 - so

yes, you read that right, last year F&B spent

$8,640,000! We need a channel for our

funding if we are to protect our interests.

What

could it

look like

We all understand

what Forest & Bird’s

extreme ideological

views are, but what

we are truly up

against here is the

size of their bank

balance not their

membership. Those

that oppose the

existence of our deer,

tahr, chamois and wild

pigs are well organised,

well-funded and use paid

professionals to further

their ideals. This what

we must be if we are to

maintain our hunting

resource.

We know this model

works and Fish & Game

is the prime example. Ducks, quail and

trout etc are valued for the resource

they are. This extends as far as creating

better habitat for ducks and stocking

rivers with trout. But remember these are

also introduced species, so what’s the

difference? Again, funding and lobbying

power.

A quick look at the expenses from Fish &

Game’s last annual report shows how the

money is used to further their interests

and enhance recreation. Think how much

could be achieved through the GAC with

a similar budget and having full time

advocacy, public relations, management

and research expertise.

Conservatively there are 50,000 big game

hunters in New Zealand, so even with a

very nominal contribution, the potential

for funding is obvious. Certainly we won’t

get another chance to have a statutory

game management organisation, so we

need to build support for the GAC and

the key to this is money.

Put simply, we need the general

public and the government to support

managing our big game as a resource, but

presently we don’t value them enough

ourselves to pay for that management.

This undermines our position completely.

What do we do for

now?

At present we don’t have a system

to pay, which is the point of this

opinion piece, we should support

the concept and embrace it when it

becomes a reality. So, in the meantime

join your local NZDA. They’ve had their

ups and downs but they’re the best

we’ve got and for many decades these

dedicated volunteers have held the line.

Get behind the Game Animal Council

and the establishment of Herds of Special

Interest, because it's one of the only

Truly wild trophies like this currently

have no management at all, they are

completely at the whim of commercial

and conservation interests

August / September 2019~ NZ HUNTER MAGAZINE 61

GroupFinancialReport

FORTHEYEARENDED28THFEBRUARY 2018

ConsolidatedStatementofComprehensiveRevenue& Expenses

foryearended28thFebruary

2018 2017

NZD$000

Income

Membership 351 383

OtherSupporterIncome 5,216 4,587

Bequests 1,530 916

Grants 762 1,053

OtherIncome 1,320 859

GamaFoundation– Donation 80 5,000

Grant& MarilynNelsonEndowmentFund 172 34

TotalIncome 9,432 12,831

Expenditure

Conservation 3,818 3,846

OrganisationalSupport& Governance 1,629 1,538

Membership& Fundraising 2,862 2,906

OtherExpenditure 303 50

Grant& MarilynNelsonEndowmentFundExpenditure 27 -

TotalExpenditure 8,640 8,341

NetSurplus 792 4,490

ConsolidatedStatementofChangesin NetAssets/ Equity

foryearended28thFebruary

AccumulatedRevenue& Restricted TotalNet

Expense Reserves Asset / Equity

Balanceasat1 March 2016 9,624 385 10,009

TotalComprehensiverevenue& expensefortheyear 4,490 – 4,490

Transfer– Restricted& BranchReserves (5,247) 5,247 –

Balanceaspreviouslystated 8,867 5,632 14,499

Transfers– Restricted& BranchReserves (113) 113 –

Balanceasat 28 February 2017 8,755 5,744 14,499

TotalComprehensiverevenue& expensefortheyear 792 – 792

Transfer– Restricted& BranchReserves (473) 473 –

Balanceasat 28 February 2018 9,073 6,218 15,291

ConsolidatedStatementofFinancialPosition

asat28thFebruary

CurrentAssets 5,431 9,832

Grant& MarilynNelsonEndowmentFund 5,233 –

NonCurrentAssets 6,992 7,099

TotalAssets 17,656 16,932

CurrentLiabilities 1,672 1,706

NonCurrentLiabilities 693 726

TotalLiabilities 2,366 2,433

Equity 15,291 14,499

TotalEquity& Liabilities 17,656 16,932

SummaryStatementofCashFlows

Fortheyearended 28 February

NetOperatingCashFlow 1,033 4,441

NetInvestingCashFlow 1,219 (5,441)

NetCashFlow 2,253 (1,000)

Cashandcashequivalentsatbeginingofyear 1,598 2,598

Cashandcashequivalentsatendofyear 3,850 1,598

Allofthesefiguresareunitsof$1,000- so

yes,youreadthatright,lastyearF&Bspent

$8,640,000!Weneeda channelforour

fundingif wearetoprotectourinterests.

What

could it

look like

We all understand
what Forest & Bird’s
extreme ideological
views are, but what
we are truly up
against here is the
size of their bank
balance not their
membership. Those
that oppose the
existence of our deer,
tahr, chamois and wild
pigs are well organised,
well-funded and use paid
professionals to further
their ideals. This what
we must be if we are to
maintain our hunting
resource.

We know this model
works and Fish & Game
is the prime example. Ducks, quail and
trout etc are valued for the resource
they are. This extends as far as creating
better habitat for ducks and stocking
rivers with trout. But remember these are
also introduced species, so what’s the
difference? Again, funding and lobbying
power.

A quick look at the expenses from Fish &
Game’s last annual report shows how the
money is used to further their interests
and enhance recreation. Think how much
could be achieved through the GAC with
a similar budget and having full time
advocacy, public relations, management
and research expertise.

Conservatively there are 50,000 big game

hunters in New Zealand, so even with a

very nominal contribution, the potential

for funding is obvious. Certainly we won’t

get another chance to have a statutory

game management organisation, so we

need to build support for the GAC and

the key to this is money.

Put simply, we need the general

public and the government to support

managing our big game as a resource, but

presently we don’t value them enough

ourselves to pay for that management.

This undermines our position completely.

What do we do for

now?

Atpresentwedon’thavea system

topay,whichis thepointofthis

opinionpiece,weshouldsupport

theconceptandembraceit whenit

becomesa reality.So,inthemeantime

joinyourlocalNZDA.They’vehadtheir

upsanddownsbutthey’rethebest

we’vegotandformanydecadesthese

dedicatedvolunteershaveheldtheline.

GetbehindtheGameAnimalCouncil

andtheestablishmentofHerdsofSpecial

Interest,becauseit'soneoftheonly

Truly wild trophies like this currently

have no management at all, they are

completely at the whim of commercial

and conservation interests

August / September 2019~ NZ HUNTER MAGAZINE 61