Auckland Council Investments Limited
Auckland Council Investments Limited (ACIL) is a Council Controlled Organisation (CCO) of Auckland Council.
Our role is to manage Auckland Council’s major equity investments. The value of investments that we own is over $2.3 billion.
The return on these investments, in the form of dividends received by ACIL on behalf of Auckland Council, are invested by the council into activities that help to make Auckland the world’s most liveable city.
ACIL owns and manages Auckland Council’s major investment assets:
- Ports of Auckland Ltd (100 per cent owned)
- Auckland International Airport Ltd (22.4 per cent owned)
- Auckland Film Studios Ltd (100 per cent owned).
Details of the investments and performance are shown in the monthly ACIL board agenda and minute papers.
ACIL is accountable, through its Statement of Intent (SOI), to Auckland Council, and reports quarterly to the council on its progress in achieving its objectives.
ACIL distributes surplus income to Auckland Council, in line with agreed levels. Auckland Council determines how those funds are to be spent.
Our objectives are to bring a strong commercial focus to the ownership and governance of these investment assets, and provide an efficient structure for the ownership of the assets.
We aim to maximise their contribution to the Auckland economy and provide substantial financial returns, which are financially sustainable in the long-term, to the council.
ACIL will play a guiding role in influencing the strategic and long term direction of these companies. It will encourage these companies to adopt standards of governance and stakeholder responsiveness appropriate to their size and importance to the Auckland economy.
ACIL's key role is that of monitoring performance of these investments and using the influence and levers it has to encourage the companies to meet the goals in this SOI.
Each year Auckland Council CCOs must complete a Statement of Intent as required under the Local Government Act 2002.
A Statement of Intent sets out the objectives, nature and scope of activities undertaken and performance targets for each CCO. This helps us achieve the objectives in our Long-term Plan and other strategic plans.
Find out more about ACIL (PDF 1.9MB)
Statements of intent
Statement of Intent 2015-2018 (PDF 232KB)
Statement of Intent 2014-2017 (PDF 563KB)
Statement of Intent 2013-2016 (PDF 349KB)
Statement of Intent 2012-2015 (PDF 252KB)
Statement of Intent 2011-2014 (PDF 165KB)
Statement of Intent 2010-2013 (PDF 1.6MB)
Annual Report for year ended 30 June 2016 (PDF 4.2MB)
Annual Report for year ended 30 June 2015 (PDF 4.9MB)
Annual Report for year ended 30 June 2014 (PDF 2.6MB)
Annual Report for year ended 30 June 2013 (PDF 6.7MB)
Annual Report for year ended 30 June 2012 (PDF 1.5MB)
Annual Report for period 1 November 2010 to 30 June 2011 (PDF 6.5MB)
- Physical address (courier deliveries): Level 9N, Bledisloe House, 24 Wellesley Street, Auckland
- Postal address: Private Bag 92310, Auckland 1142
- Telephone: 09 890 8032 (John Crawford, Chief Executive)
- Telephone: 09 890 8024 (Joan Brennan, EA)
The Chief Executive of ACIL is John Crawford. He is supported by a board comprising:
- Chairperson: Keith Taylor
- Hinerangi Raumati
- Linda Robertson.