October 24, 2014 3:01 AM ET

Diversified Financial Services

Company Overview of IAG Finance New Zealand Ltd.

Company Overview

IAG Finance (New Zealand) Limited performs various treasury functions of Insurance Australia Group Limited’s New Zealand operations. It has reset exchangeable securities (RES) publicly traded on the Australian Securities Exchange (ASX). The company is based in Auckland, New Zealand. IAG Finance (New Zealand) Limited is a subsidiary of Insurance Australia Group Limited.

NZI Centre

Level 1

1 Fanshawe Street

Auckland,  

New Zealand

1 Employees

Key Executives for IAG Finance New Zealand Ltd.

Chief Financial Officer and Executive Director
Age: 46
Executive Director
Age: 58
Company Secretary
Age: 52
Executive General Manager
Compensation as of Fiscal Year 2014.

IAG Finance New Zealand Ltd. Key Developments

IAG Finance New Zealand Ltd. Reports Audited Earnings Results for the Year Ended June 30, 2014

IAG Finance New Zealand Ltd. reported audited earnings results for the year ended June 30, 2014. For the year, the company reported total interest revenue of AUD 26,846,000 compared to AUD 29,773,000 reported in the same period last year. Net interest income was AUD 1,124,000 against AUD 1,661,000 reported last year. Profit before income tax was AUD 627,000 against AUD 1,431,000 reported last year. Loss was AUD 1,691,000 against profit of AUD 1,092,000 reported last year. Net cash flows from operating activities were AUD 852,000 against AUD 843,000 reported last year.

IAG Finance New Zealand Ltd. Reports Audited Earnings Results for the Year Ended June 30, 2013; Declares Dividend Payable on August 22, 2013

IAG Finance New Zealand Ltd. reported audited earnings results for the year ended June 30, 2013. For the year, the company reported total interest revenue of AUD 29,773,000 compared to AUD 35,096,000 reported in the same period last year. Net interest income was AUD 1,661,000 against AUD 1,670,000 reported last year. Profit before income tax was AUD 1,431,000 against AUD 1,278,000 reported last year. Profit attributable to shareholders was AUD 1,092,000 against AUD 932,000 reported last year. Net cash flows from operating activities was AUD 843,000 against AUD 966,000 reported last year. On 22 August 2013, a final dividend of AUD 500,000 per share was determined by the board of IAG Finance New Zealand Ltd. The dividend will be paid on 22 August 2013.

IAG Finance New Zealand Ltd. Announces Dividend Payable on February 21, 2013

On February 21, 2013, a dividend of $4,000,000 per share was determined by the IAG Finance New Zealand Ltd. board. The dividend will be paid on February 21, 2013. No dividends were paid in, or determined in respect of the previous half year ended December 31, 2011.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact IAG Finance New Zealand Ltd., please visit www.iag.com.au. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.