Regulatory Disclosures
Commerce Act - Specified Airport Services Information Disclosure
Auckland Airport is required to disclose information about its aeronautical services in accordance with the Commerce Act (Specified Airport Services Information Disclosure) Determination 2010 (“Determination”). The Determination requires the disclosure of certain information and takes two forms:
- Annual disclosure of financial results and service quality ("Annual Disclosures"); and
- A price setting disclosure following each price setting event (intended to align with the five year price consultation process) ("Price Setting Disclosures").
Annual Disclosures
The first Annual Disclosure under the Determination is due to be published in May 2012.
Price Setting Disclosures
October 2011 - Historical Price Setting Disclosure FY08 - FY12
Please note:
- This Price Setting Disclosure is disclosed pursuant to clause 2.10(3) of the Determination.
- Under the Determination, Price Setting Disclosures must be completed only in relation to specified airport services.
- Accordingly, these Price Setting Disclosures should not be interpreted or read to cover the total operations of the company – the Price Setting Disclosure relates specifically and solely to specified airport services.
Airport Authorities Act - Airport Companies Information Disclosure Regulations 1999
In accordance with section 56F of the Commerce Act 1986, these regulations no longer apply.
Please note:
- These Disclosure Financial Statements meet the requirements of the Airport Authorities (Airport Companies Information Disclosure) Regulations 1999.
- The Regulations (Clause 6) state a specified airport company must complete Disclosure Financial Statements in relation to each balance date after 1 January 2000.
- The Regulations (Clause 7) state the Disclosure Financial Statements must be completed only in relation to the identified airport activities.
- Accordingly, these Disclosure Financial Statements should not be interpreted or read to cover the total operations of the company – the Disclosure Financial Statements relate specifically and solely to the identified airport activities.
- The Disclosure Financial Statements must be completed in accordance with the Statement of Standard Accounting Practice 23 and that the following identified airport activities must be treated as separate industry segments:
- airfield activities
- aircraft and freight activities
- specified terminal activities