:: Highlights 2011
- SIHL's comprehensive income was $13.9 million, the highest on record
- A dividend of $3.6 million was paid out in line with budget
- Total equity (Parent) increased from $117 million to $119.8 million
- SPBL managed realisation is nearly completed
- Consolidation of SIHL governance and resourcing actioned at the AGM
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:: Highlights 2010
- SIHL paid out a dividend of $4 million for the year as per budget.
- Total equity (Parent) increased from $116 million to $117 million for the year - during a challenging
year
- KB Irrigation Ltd was amalgamated with SICON Ltd on 1 July 2010
- Difficult trading conditions remain for most of the group companies leading to subdued results
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:: Highlights 2009
- SIHL paid out a dividend of $4.203 million for the year, ahead of budget of $4.125 million.
- Total equity (Parent) increased from $113.1 million to $116.0 million for the year - during a challenging year
- Overall return (dividend and increase in total equity) over the period 2005 to 2009 is 14.89% per annum
- Total equity (group) increased from $155.6 million to 156.6 million for the year
- Overall the portfolio has performed well, with a mixed result for some group companies during these challenging times
- Ongoing focus on synergies and collaboration for the group companies
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:: Highlights 2008
- SIHL paid out a dividend of $4.66 million for the year.
- Overall return (dividend and increase of total equity) is $10.88 million or an overall return to equity of 10.2%
- Over the last ten year total dividends (ordinary and special) paid by SIHL to its shareholder has been $64.3 million
- Dividend was 3% below budget due to mixed results of some of our subsidiaries
- All subsidiaries now have the same balance date
- Ferguson Brothers successfully integrated and showing strong growth and profitability
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:: Highlights 2007
• SIHL paid out a dividend of $5.9 million for the year. This is the highest normal dividend payment on record
• IFRS successfully adopted by all group companies
• Return to shareholders funds of 6.2% compared to budget of 5.4%
• KB Irrigation Ltd successfully integrated and second acquisition Ferguson Brothers Ltd (75.1%) completed (post settlement)
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:: Highlights 2006
• SIHL achieved a $4.13 million net surplus
after tax
• Total Equity increased by $22 million
from $84.3 million
to $106.3 million
• Acquisition of KB Irrigation Ltd business
has been
successfully completed
• From 1 July 2006 SIHL and the
group companies will
adopt IFRS |
Company ownership
Selwyn Investment Holdings Ltd (SIHL) is an investment holding
company with net assets of $119.8 million. It is a wholly owned
subsidiary of Selwyn District
Council and operates as an independent
investment company.
The company has the following objectives:

• To monitor the performance of each investment/asset;

• To encourage and facilitate the investment/asset to increase
and shareholder value through growth and investment;
• To advise the Council on strategic issues relating to its trading
investments including but not limited to ownership structures,
capital structures and rates of return;

• To consider on behalf of the Council and report if material, and
at the appropriate time, investment opportunities arising that
have the potential to enhance the economic well being of the
region and provide an appropriate return. |
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Subsidiary Companies and Investments
SIHL currently has the following subsidiary companies
and investments:

Subsidiary Companies
SICON Limited (100% shareholding)
Selwyn Plantation Board Limited (60.68% shareholding)
Ferguson Brothers Limited (75.10% shareholding)

Investments
Orion Group Limited (10.725% shareholding)
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