2014 Annual Report

2014
BUILDING PEOPLE
HE AHA TE MEA
NUI O TE AO?
HE TANGATA!
HE TANGATA!
HE TANGATA!
WHAT IS THE MOST
IMPORTANT THING
IN THE WORLD?
IT IS PEOPLE!
IT IS PEOPLE!
IT IS PEOPLE!
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BCITO ANNUAL REPORT 2014
BUILDING PEOPLE
TABLE OF
CONTENTS
WHAT WE’RE ALL ABOUT .................................. 5
FINANCIALS CLEAR AND SIMPLE.................. 38
OUR CHAIRMAN .................................................... 6
AUDITOR’S LETTER............................................. 40
OUR CHIEF EXECUTIVE......................................... 8
STATEMENT OF COMPREHENSIVE INCOME... 41
WE’RE MOTORING AHEAD................................ 10
STATEMENT OF CHANGES IN EQUITY........... 42
WE LOVE A CHALLENGE.................................... 12
STATEMENT OF FINANCIAL POSITION......... 43
WE ENCOURAGE CAREER SEEKERS.............. 14
STATEMENT OF CASH FLOWS......................... 44
BUILDING LEADERS OF THE FUTURE............ 16
NOTES TO THE FINANCIAL STATEMENTS.... 45
WE RESEARCH...................................................... 18
OPERATING LEASE COMMITMENTS.............. 46
WE’RE CHAMPIONING MĀORI SUCCESS..... 20
RELATED PARTY TRANSACTIONS.................. 47
WE’RE DIVERSE................................................... 22
WE’RE SUPPORTING EMPLOYERS................. 24
WE’RE LEARNING TOO...................................... 26
WE’RE CELEBRATING......................................... 28
WE’RE LINKING WITH SCHOOLS.................... 30
WE’RE CONNECTED............................................ 32
WE’RE RELEVANT............................................... 34
WE’RE MEETING NEW PEOPLE....................... 36
5,977
IN 2014 5,977 PEOPLE JOINED
BCITO AND THE CONSTRUCTION
INDUSTRY AS APPRENTICES
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BCITO ANNUAL REPORT 2014
BUILDING PEOPLE
WHAT WE’RE
ALL ABOUT
BCITO is the largest provider of construction trade
apprenticeships in New Zealand. We are champions
of people in our industry - career seekers, trainees,
employers and stakeholders. We are BCITO and
we’re building people.
We collaborate with construction people to create
meaningful learning experiences, frameworks and
outcomes. We create effective relationships and
shared goals for education within our industry.
WHO DO WE SUPPORT?
Appointed by Government, we develop qualifications
and arrange training for a broad range of sectors
in the construction industry.
9,747
WHAT SETS US APART?
LEARNERS ACROSS
15 SECTORS
→→APPRENTICE NUMBERS BY INDUSTRY 2014
1.8%
ALUMINIUM JOINERY
2.3%
BRICK & BLOCKLAYING
71.1%
CARPENTRY
1.5%
CONCRETE
1.0%
TILING
CONSTRUCTION MANAGEMENT
KITCHEN & BATHROOM DESIGN
4.4%
FLOORING
0.6%
MASONRY/STONEMASONRY
Central to our success are the collaborative, positive
working relationships that we have with the industries
we represent. In partnership with industry, we continually
work to improve our service and to both plan for, and meet
each sector’s future needs.
With a vision of building professionals for the future today,
we’re passionate about leading the construction industry
in creating the highly skilled tradespeople required to
meet tomorrow’s needs.
HOW DO WE MEET OUR INDUSTRY’S NEEDS?
8.4%
ABCITO Standards Leadership Group regularly
review our qualifications and the way they are
delivered, in full consultation with industry.
1.9%
1.6%
AOur researchers provide stakeholders with
econometric information, monitoring and
analysing industry trends and shifts.
1.1%
3.0%
0.3%
FRAME & TRUSS
GLASS & GLAZING
0.4%
0.5%
As one of the most successful educational institutions
in the country, we are recognised for best practice
learning methods.
INTERIOR SYSTEMS
PAINTING & DECORATING
EXTERIOR PLASTERING
TIMBER JOINERY
We lead education for the construction industry
by setting clear, measurable standards for
high-quality outcomes – then we raise the bar.
We succeed by meeting our standards and aiming
to be the best. In turn, we support our learners
to become successful, professional tradespeople.
ASkills Brokers work closely with employers, schools
and communities, promoting construction trades
to young career seekers. Encouraging people into
careers in our industry is key to meeting current
and future skills shortages. ATraining Advisors regularly visit apprentices and their
employers in the workplace – listening, supporting
progress, helping set goals and facilitating high-quality
training and assessment towards achieving nationally
recognised qualifications.
ABCITO Board and Executive Leadership Team provide
vision and strategic direction for our organisation.
With our national office located in Wellington’s CBD
and 15 support offices around the country, our nationwide
presence makes quality industry training available
and accessible to all employers and trainees across
New Zealand’s construction sectors.
WHAT MOTIVATES US?
We are excited and passionate about the people that make
our industry great. Our focus on people helps us ensure
that the high standards within our industry are maintained.
WORKING TOGETHER,
BUILDING PEOPLE.
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BCITO ANNUAL REPORT 2014
OUR
CHAIRMAN
BUILDING PEOPLE
KEVIN SCEATS - CHAIR
→→SIGN UPS AND RE-SIGNS
2014
was a very successful year for the
building and construction industry,
for our employers, learners and association members.
I applaud everything that improves outcomes for our
industry and I believe that our services continue to
support achievement of those outcomes.
As Chair for the past 6 years, I’m proud to see long-term,
positive, and sustainable change happening in the New
Zealand building industry owing to the great work we do.
In 2014 the Board has seen the BCITO team increase
its intensity and drive to do more for the industry.
All programmes expanded their reach and impact.
Third party research shows that the team’s commitment
to excellence has led to very pleasing results, in terms
of both quality and quantity.
The process of merging and fully integrating joinery,
flooring and painting & decorating coverage into BCITO
was essentially completed over 2014 and our challenge
now is to broaden and enhance the range of services
we provide for the betterment of the industry.
Our relationships with ITPs and other training providers
have improved enormously in 2014 due to the goodwill
of all parties and a focus on positive outcomes
for our learners and the industry.
The New Zealand economy remains very strong with
activity in the building sector forecasted to remain at
elevated levels for at least the next two years.
I endorse our CE and the team as they continue to develop
ways to cooperate with other organisations. For example,
our carefully cultivated relationships with schools have
enabled the BConstructive programme to be adopted
by 284 high schools nationwide.
We are committed to do what it takes to provide for all
those who need our services, no matter what situations
they face. Our programmes strive to be sensitive to culture,
socio-economic situation, age, community dynamics and
degree of vulnerability.
All receive the same commitment, excellence and outcome
focus, regardless of their situation. Our place is not to judge
– our place is to offer hope and practical solutions.
As you will note, we are reporting a surplus in the 2014
financial year. This reflects the economic environment as
well as the funding regime all ITOs are now operating in.
The challenge is to make sure this is a continuing trend.
Like any ITO, we have our challenges, but the goal
is always to be resourceful and prudent with the funds
that we have. We have had to balance this prudence while
maintaining momentum in delivering our programmes and
resources. I have every confidence in our CE that he has the
balance right and, as you will read in these pages, there
are truly exciting times ahead.
It is important for me that I acknowledge our Board of
Directors, each of whom is so committed to the vision and
mission of BCITO. Accountability and transparency are
vitally important and the Board takes this very seriously.
This year we were pleased to add Kieren Mallon to our
Board. His experience and wisdom will prove invaluable.
At the same time we acknowledge the retirement of our
longest serving board member, Peter Robson. In this report
it’s not possible to fully outline the depth and breadth of
the contribution Peter has made to the successes of BCITO
since its formation some 22 years ago. His leadership
during periods of considerable economic difficulty formed
the solid foundation for the organisation we see today.
To Peter, we can but extend a sincere expression of thanks,
although this just does not seem to do justice for the
sacrifices and contributions he’s made to BCITO
and the building industry over many years.
2005
3,379
2006
2,863
907
2007
2,849
1,129
2008
2,089
2009
1,187
2010
1,832
2011
1,737
1,639
2012
2,083
947
2013
3,230
2014
4,591
1,156
KEVIN SCEATS (CHAIR),
KIEREN MALLON, ROB
GAIMSTER, DAVID FABISH,
RON ANGEL, MIKE KING,
GRANT FLORENCE.
3,770
3,978
3,245
2,379
1,192
New sign ups
BOARD MEMBERS (L - R)
4,148
769
1,217
3,049
3,376
3,030
954
4,184
1,386
Re-signs
TOTAL
5,977
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BCITO ANNUAL REPORT 2014
OUR CHIEF
EXECUTIVE
BUILDING PEOPLE
RUMA KARAITIANA
CHIEF EXECUTIVE
→→APPRENTICES WHO COMPLETED THEIR QUALIFICATION
2,572
2,309
2014
represented the second year of
strong growth as the construction
sector moved swiftly out of recession. We began
2014 with 7,914 people in training with BCITO
and ended with 9,747.
The Government Apprenticeship Reboot Subsidy
added some momentum and was useful in advancing
some of the new signings for 2014 before ending
in December, adding to the growing demand
from industry.
1,975
2014 was also the first year for our newly-merged BCITO.
This involved a deliberate integration process with the
Joinery ITO, DecorateNZ and FloorNZ throughout 2014.
One of the big projects undertaken was the Review of
Specialist Trades, which was conducted with stakeholders
throughout the first 8 months of the year. The outcome of
this was a decision to restructure BCITO and create a new
division called the Stakeholder Engagement Group. Within
this Group, we have created four new roles called Industry
Advocates, with each Advocate having responsibility for
the primary interactions with stakeholders within
1,671
1,715
1,699
1,399
1,321
1,048
822
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
a portfolio of trades and industry groups. We ended 2014
with this Group newly in place and look forward to seeing
the enhanced results for industry in 2015.
digital devices in future BCITO processes. Substantial
progress was made in 2014 with decisions due
in mid-2015.
Another major 2014 project that emerged from the merger
and review process has been the refreshment of the BCITO
brand. This has been a deliberate process to reflect the
brand perception of all stakeholders of the newly-merged
BCITO, and to refresh the brand to suit the broader, more
inclusive organisation. At the same time, the intention
Increased numbers in training, merger integration
and review, as well as refreshed branding and digital
strategising have all required significant commitment
and plain hard work from BCITO people during the year.
The continuing work on reviewing qualifications in the
second phase of the Targeted Review of Qualifications,
is to modernise our look to present the brand better
in a digital environment. Having completed much of the
work in 2014, BCITO was geared to begin 2015 with a new
web presence and a strong new marketing campaign.
As it is a refreshment of the brand, some elements of the
old branding will continue to live alongside for some time, but
20 newly-branded BCITO vehicles are already making
a striking statement out on the roads.
along with the consultation on the Review of Specialist
Trades has been demanding of the time and goodwill
of all National Advisory Group members and our
industry partners. It is important to acknowledge
that and thank you all, along with the Board of Directors,
for the contribution made to BCITO’s ongoing success.
Also of note has been the development of a BCITO Digital
Engagement Strategy. This is a long-term piece of work
which includes mapping out the probable entry into the
world of e-learning, as well as greater use of apps and
EXECUTIVE LEADERSHIP TEAM (L - R)
BRUCE HORSLEY, GREG DURKIN,
GLENN DUNCAN, ANDREW KEAR,
RUMA KARAITIANA (CE).
To all our apprentices, trainees, employers, evaluators,
trainers and everyone out there who has supported
BCITO in so many ways in 2014 - thank you for helping
us to build people within our industry to be the best
construction people they can be.
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BCITO ANNUAL REPORT 2014
BUILDING PEOPLE
WE’RE MOTORING
AHEAD
2014 was an exciting and productive year for
everyone at BCITO. Together as one, we worked to
combine the collective talents and strengths of four
ITOs and their teams. Our major accomplishment
was the creation of the new BCITO; a single, dedicated
construction ITO. All together, one canoe, no exception,
we maintained momentum and achieved our
objectives - preparing for an even busier 2015.
4,378
PEOPLE COMPLETED WORK PROFILES THROUGH
BCITO.ORG.NZ TO START AN APPRENTICESHIP
30.6%
EXCEEDED TARGETTED SIGN-UP NUMBERS
EMPLOYEE
ENGAGEMENT
SATISFACTION
RATING
2012
63%
2013
72%
2014
73%
→BCITO’S MAJOR ACHIEVEMENTS OF 2014
→Proactively managed targeted and
→Represented our stakeholders through industry
ATargeted work with Māori and Pasifika resulting
in improved outcomes for apprentices, significantly
exceeding Tertiary Education Commission targets.
ACompleted (seven month) intensive consultation
process with industry and a comprehensive Review
of Specialist Trades.
AOptimised use of customer management system
resulting in 5,977 apprenticeship sign-ups, exceeding
our target of 4,575 by more than 30%.
AEstablished the Stakeholder Engagement Group and
appointed a dedicated team to ensure interaction with
stakeholders is mutually beneficial.
AIncreased number of schools offering BConstructive
programme by 10%, and number of Gateway
placements by 15.5%.
→Maximised our people and our culture
sustainable growth
leadership for skills
PARTICIPATION AND CREDIT COMPLETION RATES
APPRENTICES ENROLLED IN QUALIFICATIONS AT LEVEL 4 AND ABOVE
PARTICIPATION
AIncreased web work profiles from apprenticeship
seekers by 120%. 747 apprentices who signed up with
BCITO in 2014 had previously registered their interest
on BCITO.org.nz.
AHelped find apprenticeships for 277 people through
our dedicated job matching service.
→Reviewed and refined our service delivery models
to enhance customer satisfaction and educational
excellence
ADeveloped new learning and assessment resources
for 6 qualifications.
ACompleted research of core information and developed
Digital Engagement Strategy to be implemented in 2015.
as our strengths
AAchieved secondary accreditation from ACC Workplace
Safety Management Practices (WSMP).
ASuccessfully integrated all staff into the new BCITO
structure and culture post-merger.
AImproved Employee Engagement Satisfaction rating
across the organisation.
AUndertook formal analysis of our brand, resulting
in refreshed brand imagery – ‘Together as one’
became ‘Building People’.
ALL APPRENTICES
MĀORI
PACIFIC
UNDER 25
TARGETACTUAL
93%
95%
12%15%
4%5%
56%
62%
CREDIT COMPLETION
ALL APPRENTICES
NON MĀORI & NON PACIFIC
MĀORI
PACIFIC
UNDER 25
TARGETACTUAL
75%
100%
75%
102%
75%93%
75%94%
75%
87%
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BCITO ANNUAL REPORT 2014
BUILDING PEOPLE
WE LOVE
A CHALLENGE
WE’RE BUILDING
PROFESSIONALS
FOR THE FUTURE,
TODAY.
While we celebrate the many achievements of
2014, we are always looking to improve our
service and delivery. Our 2015 business plan
outlines our key areas of targeted development
for the coming year. Having a long-term, strategic
approach to everything we do ensures we are all
on the same path, with common goals - building
professionals for the future, today.
→Proactively manage targeted and
→Provide our stakeholders industry leadership
AUtilise data and research to develop comprehensive/
informed plan to guarantee a sustainable supply of
quality apprentices and employers.
AProvide regular, relevant information and
advice to industry partners.
sustainable growth
ADevelop and implement a coordinated and cohesive
sales plan that reflects the national marketing plan.
ATarget career seekers to meet forecasted demand
whilst working to lift Māori and Pasifika participation
and completion rates.
AComplete BCITO brand refresh and implementation
across the organisation.
→Review and refine our service delivery models
to enhance customer satisfaction and
educational excellence
for skills while preparing for future changes
in industry structure
AEnhance relationships across industry
stakeholders through implementation
of our Stakeholder Engagement Plan.
→Maximise our people and our culture
as our strengths
AContinue to place emphasis on recruitment, training
and professional development, career progression
and retention.
ARefine health and safety policies and procedures to
meet requirements of new legislation and target high
risk areas – ensuring a high level of compliance.
AContinue to enhance and develop resources and
materials (including e-learning).
AImplement new performance management system.
AContinue research into advances and developments
in technology in the education sector.
AReview remuneration policies – ensuring they remain
best practice.
ADevelop customised and client-driven service delivery
offerings to respond to individual trade needs.
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BCITO ANNUAL REPORT 2014
BUILDING PEOPLE
WE ENCOURAGE
CAREER SEEKERS
Future-proofing our industry is the key driver
behind everything we do. Building connections
with schools, creating gateways for success and
encouraging promising young career seekers
into our industry is essential in order to meet
our industry’s future needs.
What I'd really like is to get
a carpentry apprenticeship and
become a builder.
I was on the team that won the BCITO Build-Ability
Challenge in 2014 – I loved it. We went hard out, spending
every waking moment on our project. We knew we could
achieve something really great if we put in the effort. We
were all talented in different ways. I did all the hard yards
and the heavy work.
When we won the challenge the school held an assembly
just for us. It was pretty cool - although we did have to lift
our project on to the stage and it weighed a ton!
Apart from the Build-Ability project, I also built my own
guitar for a building competition for local secondary schools
and I have started chainsaw carving – I got a chainsaw
for my 18th birthday!
WHERE TO NEXT?
In 2015 we will continue to invest in promising career
seekers like Callum with programmes that target schools
and build pathways.
A member of the winning 2014 Build-Ability team
from Feilding High School, 18-year-old Callum
Dicksbourne is an 'apprentice in waiting'. Building his
skills 'on the tools', studying towards his restricted
licence and registering as a career seeker with BCITO,
Callum Dicksbourne can’t wait for his career to start.
I wasn’t great at it when I first started out, but
Mr Sigglekow saw something in me and encouraged
me – got me focused and helped me hone the skills I had.
One of the things I love about hands-on work is that there
is always something to show for it. I get a real sense
of pride looking at what I’ve created.
I’m working on making myself job-ready. I've been doing
Unit Standards with BCITO through the BCATS programme
and getting some work experience with my dad.
I really like the idea of an apprenticeship because I’ll be
earning while I’m learning and I’ll be working with my
hands to create something.
For me, job satisfaction means working
hard and being proud of what you have
done at the end of every day.
A bigger, better Build-Ability Challenge with 29 schools entered
will engage a new cohort while the work profile on our website
will continue to support our job matching service. Our research
around BCATS will enable us to build a bridge between school
and work and will highlight career pathways through BCITO.
→→ NUMBERS OF STUDENTS ENROLLED IN BCITO’S GATEWAY PROGRAMME FOR SCHOOLS
2011
419
2012
483
2013
466
2014
538
“I GET A REAL SENSE
OF PRIDE LOOKING AT
WHAT I’VE CREATED.”
CALLUM DICKSBOURNE.
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BCITO ANNUAL REPORT 2014
BUILDING PEOPLE
BUILDING LEADERS
OF THE FUTURE
He might be newly qualified, but 26-year-old Shane
Brunning of Quinn Rees Decorators Ltd in Christchurch
has already painted his way to several prestigious
industry titles and is well on his way to a colourful career.
In 2013 I won the ‘CPIT Apprentice
of the Year Award for Painting and
Decorating’ and the ‘CPIT Māori and
Pasifika Apprentice of the Year across
all trades’. In 2014 I won the ‘New Zealand Decorating
Apprentice of the Year’ award, sponsored by BCITO, Master
Painters and Resene’. I think it’s important to be motivated
and ambitious. I’m committed to building a successful career
in the industry and I keep pushing myself to be better.
Being taught well makes a big difference to how well you
do your job. Quinn is a great mentor and a great boss; he
makes it easy to learn. He knows what we are capable of
and he’s got a way of supporting us to get there, to improve
and to up-skill. He has confidence in us and that gives us
confidence.
If you want to be a successful apprentice you need to be
willing to learn and be able to listen; watch what you’re being
shown and pay attention - no matter who is showing you; and
accept that we all learn from each other. Most of all, you need
to be dedicated and be prepared to work hard.
I’m currently working with an apprentice and I am really
enjoying taking on a mentoring role. For me it is definitely
important to pass on my knowledge and to carry on the
tradition of training.
It’s rewarding working in a job where you get to transform
the whole look of a building.
You’ve got to be prepared to keep up-skilling all the time;
there’s a lot to learn if you want to be good at your job.
Quinn’s business benefits from me winning awards - it’s used
as a marketing tool.
My next goal is to become a member of Master Painters.
It’s important to build professional networks. Being a
member of an association gives our clients an assurance
and confidence in us as professionals.
In 10 years’ time, I’d like to think I’ll be running my
own business - maybe even taking over from Quinn!.
I’d like to be part of the future of the
industry. You’ll still find me on the tools
though, I just really like what I do – but
I’ll be the one doing the training!
WHERE TO NEXT?
BCITO will continue to support leadership and excellence in
the field through our involvement in industry awards, our
Outward Bound Scholarships, our Employer Development
Grants and through the ongoing positive, supportive,
relationships we have with our employers, trainees and
industry groups.
→→BCITO TRAINEE NUMBERS BY REGION
2010
2011
2012
2013
2014
1,091
1,057
929
1,058
1,384
SOUTH AUCKLAND
443
480
575
851
1,153
MIDLANDS
948
831
707
835
1,143
1,248
1,013
855
1,012
1,293
381
502
793
1,215
1,571
1,069
1,014
937
1,133
1,248
-
-
-
-
1,955
5,180
4,897
4,796
6,104
9,747
NORTHERN
CENTRAL
CANTERBURY TASMAN
SOUTHERN
SPECIALIST TRADES
GRAND TOTAL
“BEING TAUGHT WELL MAKES
A BIG DIFFERENCE TO HOW
WELL YOU DO YOUR JOB”
SHANE BRUNNING, QUINN REES DECORATORS LTD.
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BCITO ANNUAL REPORT 2014
BUILDING PEOPLE
WE
RESEARCH
We undertook research about the journey to an
apprenticeship in 2014. We wanted to find out more
about where our apprentices came from, who they
were, what they did before they signed up and to
find the best way to reach more people like them
using the most appropriate channels.
WHERE DO BCITO APPRENTICES COME FROM?
WHAT DO APPRENTICES PLAN TO DO
NEXT AFTER THEY GET QUALIFIED?
22%
JOBS OUTSIDE CONSTRUCTION INDUSTRY
66%
CONTINUE IN THEIR CURRENT JOB
45%
JOBS IN CONSTRUCTION INDUSTRY
32%
PROGRESS TO SUPERVISION/MANAGEMENT
10%
STUDY, TRAVEL, OR NOT IN PAID WORK
27%
START THEIR OWN BUSINESS IN THEIR TRADE
14%
SCHOOL
14%
GO OVERSEAS TO WORK
9%
PRE-TRADE COURSES
17%
DO MORE ADVANCED STUDY
5%
CHANGE TO A DIFFERENT CAREER
2%
OTHER
3%
DON’T KNOW
WHAT DID BCITO APPRENTICES DO
AS SOON AS THEY LEFT SCHOOL?
32%
JOBS OUTSIDE CONSTRUCTION INDUSTRY
18%
JOBS IN CONSTRUCTION INDUSTRY
10%
TRAVEL, OTHER STUDY, OR NOT WORKING
9%
ATTENDED UNIVERSITY
6%
ATTENDED A POLYTECHNIC COURSE
+44
COMBINED
14%
STARTED THEIR BCITO APPRENTICESHIP
+60
COMPLETERS
+45
EMPLOYERS
+26
THOSE WHO LEFT BEFORE COMPLETING
31%
OF APPRENTICES TOLD
US THAT THE MOST
AWESOME THING ABOUT
BEING A TRADIE IS SEEING
THE FINISHED JOB AND
KNOWING “I DID THAT”.
80%
OF APPRENTICES SEE
THEMSELVES TRAINING
THEIR OWN APPRENTICE
ONE DAY.
We also regularly survey our apprentices and employers to see
if we’re meeting their needs and they’re happy with our service.
NET PROMOTER SCORES IN 2014
89%
OF COMPLETED
APPRENTICES AGREE
“BEING A BCITO-QUALIFIED
APPRENTICE MAKES ME
FEEL QUITE PROUD”.
90%
OF COMPLETED
APPRENTICES
BELONG TO A
TRADE ASSOCIATION.
“ACTIVE WORK THAT BEATS SITTING
BEHIND A DESK AND A GOOD PAY
RATE … WHAT’S BETTER?”
SCOTT FINDLAY, SLAB SPECIALISTS.
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BCITO ANNUAL REPORT 2014
BUILDING PEOPLE
WE’RE CHAMPIONING
MĀORI SUCCESS
He kai kei aku ringa (There is food at the end of my
hands) – we can use our skills/trades to provide for
our whanau and in turn contribute to the industry
and national economic growth – nowhere is this
whakataukī more relevant or important than
in our commitment to Māori success.
During 2014, BCITO’s Māori Strategy Team worked
with a number of Iwi Runanga; developing the structures
needed to provide training programmes targeted
specifically at Māori learners.
AMore than 10% of Te Puni Kōkiri/BCITO cadets have
signed up for higher-level/supervisor qualifications.
These initiatives aim to support Iwi Authorities in training
and investing in school leavers and career seekers;
promoting social and economic development for all Māori.
WHAT HAVE WE ACHIEVED?
We worked collaboratively with a variety of Government
agencies including TEC, Ako Aotearoa and the Ministry of
Education to promote BCITO’s Māori Strategy. We were
also invited to attend the Collaboration of Māori Investors
for the Future Hui.
We also worked alongside different Iwi Runanga (Ngati
Te Roro o te Rangio Hapu, Trust/Rotorua, Anamata ki
Whakatane Iwi, Marae Restoration & Papakainga Housing
Projects) to support and implement learning pathways,
promoting qualifications to Māori rangatahi/youth.
Through the Te Puni Kōkiri/BCITO Cadetship Programme
we continued our commitment to increasing both the
participation and success of Māori in our industry.
We closed 2014 with 95 Māori cadets from this
programme placed with employers.
AThe cadetship programme has supported us in building
Iwi affiliations with Ngapuhi, Ngati-Porou, Ngai-Tuhoe,
Tuwharetoa and Ngai-Tahu.
AWe’ve continued strengthening relationships with
Te Whare Wananga o Aotearoa, Ngati Whatua
(Orakei – Auckland), Ngati Porou (Gisborne – East
Coast), Ngati Whakaue (Rotorua).
AWe’ve engaged with Māori-based Schools – Nga
Taiatea Wharekura, Ngata College, Ruatoria.
WHERE TO NEXT?
In 2015 we are working towards:
AFurther developing BCITO’s Tikanga Māori intranet page.
AOngoing relationship building with external
providers of training for Māori.
AContinuing the up-skilling of our field staff
and area managers in Tikanga and Te Reo.
OUR HIGHLIGHTS IN 2014:
AAligning more closely with relevant Government agencies.
AOver 50% of cadets from the Te Puni Kōkiri/
BCITO Cadetship Programme have gone into
full apprenticeships.
AContinuing to investigate all avenues for funding
to support Māori Scholarship programmes.
AIncreasing participation in various working groups
targeting Māori achievement.
→→APPRENTICE ETHNICITY 2014
7,085
PAKEHA /
EUROPEAN
1,575
MĀORI
477
PACIFIC
ISLAND
234
ASIAN
376
OTHER
16%
OF APPRENTICES IN
THE CONSTRUCTION
INDUSTRY ARE OF
MĀORI DESCENT.
21
22
BCITO ANNUAL REPORT 2014
BUILDING PEOPLE
WE’RE
DIVERSE
While the building and construction industry has
historically been a male-centric one, BCITO always
encourages and advocates for women in our sectors.
If we have any chance of addressing the projected
skills shortage in building and construction, then we
need to continue to be inclusive.
With a role model like Pippi Longstocking – the
fearless, adventurous, assertive and fiercely strong
girl who is hero of the much loved children’s book
series - it’s easy to see why carpentry apprentice,
Georgie Young, has thrown herself head first into
what some might say is a man’s world.
I guess I’m a lot like my mum, strongwilled. I used to see her working
alongside Dad when they renovated,
on the tools – Mum and Dad were
always doing up houses. I guess that is why Mum is such
a role model for me; she essentially had three jobs –
working, renovating and raising a family. So my family
were really supportive of me going into building – my dad
said he couldn’t believe his luck!
What I’ve learned is that I can’t be precious. If something
is too heavy for me – I ask for help – but then if something
is too heavy for one of the guys they do the same. I guess
I don’t act any differently to the guys on the team – so
there’s no reason for anyone to treat me any differently.
My BCITO Training Advisor (Peter Thomasen) has been
really supportive too. He has a lot of industry knowledge
and I know I can always call him when I need anything.
He also helps me maintain perspective. When he signed
me up, he told me my gender wouldn’t be a problem.
I really appreciate the confidence he has in me to do well.
Before I started my apprenticeship, I was worried about
taking on such a physically demanding job and that I
wouldn’t be able to handle it. My idea of what a building
site would be like was nothing like it actually was. Once I
started, I loved it!
I don’t know why there aren’t more women in the industry.
I think that perhaps women just don’t know that it’s
a possibility; but building is a great career for women
and I think women make great apprentices.
I’m also really grateful for all the support I get from Dale
(my boss) and the huge scope of work he has allowed me to
do. He really pushes me to do better and try new things to use my common sense and problem-solving skills.
We’re able to admit when we don’t understand something
which saves money and time and I think that we’re easier to
teach; we’re less ‘proud’. Girls also have better communication
skills, are tidier and girls look after the gear well.
Gender doesn’t come into it, I’m just one of the team
– and the guys I work with are amazing.
Going into a trade you can’t lose.
You get a qualification while you are
earning a living and you are creating
a future for yourself.
“GOING INTO A TRADE
YOU CAN’T LOSE. ONCE
I STARTED, I LOVED IT!”
→→TRAINEES BY AGE – ALL TRADES 2014
UNDER 18
341
18-24
4,917
25 - 39
40+
3,695
792
GEORGIE YOUNG, SHEFFIELD CONSTRUCTION.
23
24
BCITO ANNUAL REPORT 2014
BUILDING PEOPLE
WE’RE SUPPORTING
EMPLOYERS
Auckland builder and business owner, Ross
Faulkner has been building people since he formed
his company, Faulkner Construction, in 1981. With
4 current BCITO apprentices on his books,
The bottom line for me is that good
training leads to skilled staff. It makes
good business sense and we also see it
as a marketing tool and a selling point
for our company.
If an apprentice learns their trade well, it follows that they
will end up highly skilled and will go on to consistently
produce work to a high standard. A well-trained apprentice
is an asset to your business.
Seeing our apprentices complete their training gives us a real
sense of personal satisfaction. They are gaining skills that will
stay with them for the rest of their lives and help them earn a
living – and we’re a part of that.
BCITO’s training methods are a key part of that training.
The training delivered through BCITO is very relevant - it
covers all the bases. The resources are up-to-date and up
with current trends and building standards.
and 15 more completed and qualified over the
years, Ross is an example of what can be achieved
with a passion for the industry, a commitment to
training and a partnership with BCITO.
Working alongside BCITO has helped me grow my business
and my networks. BCITO is about more than just training
apprentices. As part of BCITO’s National Advisory Group
I am meeting with other people who, like me, are passionate
about our industry and invested in its future.
Critically and strategically thinking about what’s important
for our industry actually helps you to up-skill yourself.
Sometimes it’s not you doing the learning, sometimes it’s you
passing on some information to someone else – it goes both
ways. Just meeting with other people who are in the same
position as you, you always learn something. It’s good
for me personally as well as for my business.
Ross is currently serving on the Board
of Auckland Master Builders, heads
the Eastern branch of the Auckland
Master Builders and is a member of
BCITO’s National Advisory Group.
The mentoring role of BCITO Training Advisors means that
there is someone motivating, checking and monitoring my
apprentices as a secondary line to me.
WHERE TO NEXT?
BCITO will continue to support employers throughout 2015 both in the field
and beyond, with:
AHelp finding an apprentice.
AWorkplace Evaluator Training.
AOn-site support for current
apprentices.
ASupervisor qualifications.
AEmployer Development Grants.
AExperience recognition.
AIndustry updates (including
compliance and Government
initiatives).
52%
of employers currently active
in training plan to take on
more apprentices in the
next six months
“BCITO’S ABOUT MORE THAN
JUST TRAINING APPRENTICES.
THEY’VE HELPED ME GROW MY
BUSINESS AND MY NETWORKS.”
ROSS FAULKNER, FAULKNER CONSTRUCTION.
25
26
BCITO ANNUAL REPORT 2014
BUILDING PEOPLE
WE’RE
LEARNING TOO
LEARNING IS A JOURNEY
THAT WE ALL TAKE
TOGETHER.
As an employer, a commitment to continued
learning is a commitment to our own success.
In 2014, BCITO teams supported 9,747 apprentices
in their training. Like the people and the industry
we support, our own people have spent 2014
learning, growing and gaining qualifications. Lily
Xu is Assistant Accountant at BCITO’s national
office. While working full-time balancing our books,
Lily has studied for and passed her NZ Chartered
Accountant exam.
TRAINING ACTIVITIES UNDERTAKEN
BY BCITO PEOPLE DURING 2014
I've been with BCITO for three and a
half years, since I started my career
in finance. I originally completed a
Bachelor of Commerce and Accounting through Victoria
University in 2008 and in 2010 I went back to uni' to
complete my Graduate Diploma in Professional Accounting.
Since I started with BCITO, I studied for and passed the NZ
Chartered Accountant exam – I became fully qualified in
October 2014.
BCITO have been incredibly supportive on my journey to
becoming qualified. I have been able to take advantage
of their study assistance package which includes financial
assistance and study leave.
I would recommend continued study to anyone who wants
to broaden their career prospects. It’s not always easy
balancing full-time work with study but I definitely found
that study helped me understand my work better and made
me better at my job. It also gave me a huge sense
of satisfaction when I reached my goal.
WHERE TO NEXT?
EFFECTIVE SPEAKING
COURSES
TIME MANAGEMENT
TRAINING
ST JOHN’S FIRST AID
TRAINING
FIRE WARDENS’ TRAINING
ADVANCED DRIVER
TRAINING
SITE SAFE
HEALTH AND SAFETY
REPRESENTATIVE TRAINING
VARIOUS IT COURSES
It’s been really helpful to have so much information at
my fingertips. When we were preparing the 2013 annual
accounts, I had my study notes and research close at hand
to help me work through some of the questions that came up.
I have been able to apply everything that I learned during
my study to my work at BCITO. One of the areas of study
that really impacted me was ethics. Being ethical is
obviously very important for an accountant but it’s also
very important for me as an
individual. I always keep my personal
and work ethics front of mind when I’m
working.
PROFESSIONAL DEVELOPMENT
→→NUMBER OF BCITO PEOPLE
We are looking forward to continuing
to support our staff as they work
towards their career goals. Whether
we are supporting IT skills or
relationship management, first aid or
advanced driving, National Certificate
or personal development; learning is
a journey that we all take together.
All together, one canoe, no exception.
Completing further study has definitely improved my practice
and my productivity. It also helped to build my confidence
and my skills in time management. I have learned new skills
and techniques and because of that, we are investigating new
accounting systems to make us even more efficient.
2010
2005
71
161
UNDERTAKEN BY BCITO PEOPLE IN 2014
2014
190
NATIONAL CERTIFICATE IN NATIONAL CERTIFICATE IN
ADULT EDUCATION
BUSINESS ADMINISTRATION
UNIVERSITY PAPERS
QUALITY ASSURANCE
STUDIES
27
28
BCITO ANNUAL REPORT 2014
BUILDING PEOPLE
WE’RE
CELEBRATING
An industry is only as good as the people who work
in it. If 2014 is anything to go by, our industry is
simply amazing. We love to celebrate success in our
industry and to highlight the achievements of the people
who make it great. BCITO works alongside our partners
to celebrate our most talented apprentices.
Congratulations to:
ALUMINIUM JOINERY AND GLASS
APPRENTICE AWARDS
AWCI APPRENTICE CHALLENGE
(INTERIOR SYSTEMS)
→ Mase Finau → Jeremy Boyles
→ Cody Blackford
→ Nathan Finlayson
FLOORING APPRENTICE OF THE YEAR
MASTER JOINER APPRENTICE AWARDS
→ Nathan Fell → Craig Hendry
→ Ethan Coles → James Coutts
→ Grant Bannister
→ Jack Robinson
→ Shane Pilkinton → Mohamed Valibhai
→ Brenda McKee
→ Andrew Duncan
MASTER PAINTERS NEW ZEALAND
APPRENTICE OF THE YEAR AWARD
REGISTERED MASTER BUILDERS
CARTERS’ APPRENTICE OF THE YEAR
→ Shane Brunning
→ Tom Southen
→ Michael Sims
→ Aaron Forrest
→ Kyran Vaniperen
→ Ryan Smith-Pilling
Behind every great apprentice is a supportive employer. These successes are shared by our incredible
employers who work hard each day to help each of our apprentices reach their full potential.
WHERE TO NEXT?
2015 will see our apprentices continue to shine across our
trades. They’ll compete with the best of the best and we’ll
be there to cheer them on.
By celebrating the individual successes of our outstanding
trainees, we collectively raise the standards in our
industries as we reaffirm our commitment to training and
the future of our trades.
“APPRENTICES WHO ARE WILLING TO
STAND UP AND STRIVE TO BE THE BEST
DEMONSTRATE THE EXCELLENT TALENT
COMING THROUGH OUR INDUSTRY.”
BRENDON WARD, CHIEF EXECUTIVE, REGISTERED MASTER BUILDERS.
29
30
BCITO ANNUAL REPORT 2014
BUILDING PEOPLE
WE’RE LINKING
WITH SCHOOLS
→→BUILD-ABILITY 2014 MILESTONES
Relaunched in 2014, the BCITO Build-Ability
Challenge was a huge success, meaningfully
connecting us with 8 schools from across New
Zealand, their teaching staff and the career
The BCITO Build-Ability Challenge is a nationwide, school
-based competition, open to secondary school students.
The Challenge, which originally ran from 2004-2009,
is aimed at showcasing the achievements of students with
skills in technology.
For students, Build-Ability is all about having an opportunity
to hone their building skills and get an insight into what it’s
like to work in the construction industry.
For BCITO, the competition is an opportunity to connect
face-to-face with future career seekers and the mentors
who influence their career decisions.
As participation introduces career seekers to some of
the trade skills they will need if they want to succeed in
a construction career, it also helps to make participants
‘work ready’.
“We were blown away by all the projects created,” said
BCITO’s Bruce Horsley, part of the national judging panel.
“The quality of workmanship and creative thinking that has
gone into the work submitted for this year’s Build-Ability
Challenge is great to see.”
In 2014, Manawatu’s Feilding High School was announced
the Supreme Winner with Manurewa High School taking out the
‘Best Video Entry’ award. All schools received certificates and
a ‘team shout’ hosted by their BCITO Skills Broker.
seekers they support. Their communities watched
as the action played out online, in real time as teams
planned, costed, designed and built a bespoke
building project to BCITO’s brief.
WE’RE MAKING AN IMPACT
The Build-Ability Challenge was well publicised and featured
in national newspapers as well as online. The largest
amount of press coverage was generated through regional
publications that feature local interest stories. Coverage
was generated through BCITO’s own PR releases and
participating schools own promotion of their projects.
102
BCITO BUILD-ABILITY FACEBOOK ‘LIKES’
FROM MAY – SEPTEMBER 2014.
569
LIKES, SHARES OR COMMENTS ON THE
BUILD-ABILITY COMPETITION POSTS EACH WEEK.
13,636
PEOPLE VIEWED CONTENT ASSOCIATED WITH
THE COMPETITION EACH WEEK.
The competition’s social media element and ‘people’s choice
award’ opened a dialogue between BCITO and the schools
and their wider communities as the teams documented their
progress and learning, blogging on the newly created BuildAbility website.
Build-Ability also provided students with a chance to be the
heroes of their school campus and local community with a
focus on giving back. Creating projects to raise money for
local community groups, students developed self-confidence,
self-esteem and a sense of ambassadorship for their school.
Each team, and their mentoring teacher, was supported
by a BCITO Skills Brokers which made Build-Ability a great
opportunity to see BCITO people at work in the community
- building relationships and brand awareness and creating
stronger links between secondary education and training
for a future career.
WHERE TO NEXT?
We are delighted to announce that BCITO will be hosting
the Build-Ability Challenge again in 2015 - this time on a
much larger scale - with 29 schools already selected and
raring to go.
BCITO’s Build-Ability Challenge is back and here to stay!
“WE WERE BLOWN AWAY BY
ALL THE PROJECTS CREATED.”
BRUCE HORSLEY, BUILD-ABILITY JUDGING PANEL.
31
32
BCITO ANNUAL REPORT 2014
BUILDING PEOPLE
WE’RE
CONNECTED
+77%
140
WEB REGISTRATIONS OF BCITO’S LOOKING
FOR WORK FORM - GENERATED DIRECTLY
FROM SOCIAL MEDIA CHANNELS
TWITTER FOLLOWERS
Our stakeholders are as varied and diverse as the
industry itself; so the ways in which we connect with
them, need to be just as diverse. We used emails,
websites, social media and traditional print media
to share industry news, celebrate success and
promote our industry to potential career seekers,
employers and apprentices.
NEWSLETTERS
WEBSITES
HIGH VIZ is BCITO’s e-newsletter targeted at our
industry’s professionals. It’s intended to bring industry
news and updates direct to your inbox. High Viz was
both a cost-effective and direct way of communicating
with our wider industry in 2014. Published 4 times
in 2014, the e-communication was read by over 57%
of our targeted stakeholders.
BCITO.org.nz and GETREAL.co.nz are primarily focused
on showcasing BCITO’s professional trade careers. 2014
marks the year for the most online activity for BCITO ever,
up 30% on 2013. Just about everything we did had digital
roots, and it was effective.
In 2015 HIGH VIZ will be replaced by a new, targeted
e-newsletter for each of our different sectors. These will
contain information and updates that are both industryspecific and relevant industry-wide.
Our social platforms continue to be an essential tool in
our engagement tool-belt. In 2014, the BCITO Apprentice
Facebook page reached over 8,000 people – one of the
largest online construction communities in New Zealand.
BCITO’s primary printed newsletter, BC News went out
to all BCITO employers, apprentices, affiliated industry
associations, merchant partners and schools, 3 times in
2014. This provided us an opportunity to profile successful
apprentices, promote scholarships, grants and incentives,
deliver industry news and celebrate completions.
Facebook, YouTube, Twitter and Instagram continue to be
powerful engagement tools, especially with career seekers
and apprentices in the youth market. Used as an avenue
to promote events, share industry news, run competitions,
or just share a joke, these channels help us to widen our
client base and build connections.
YOUTUBE SUBSCRIBERS
SOCIAL
all sectors. It will be published bi-annually.
→→WEBSITE TOTALS – ALL WEBSITES
WEBSITE SESSIONS
WORK PROFILES/
125,104
4,378
REGISTRATIONS
81,415
1,719
55,329
2012
2013
2014
FACEBOOK LIKES
+96%
In 2015 BC News will continue to profile success across
(TOTAL VISITS)
+15%
2012
1,986
2013
2014
+18.7%
MONTHLY REFERRALS FROM ALL
SOCIAL CHANNELS TO BCITO.ORG.NZ
81%
EMPLOYERS READ BC NEWS
77%
APPRENTICES READ BC NEWS
33
34
BCITO ANNUAL REPORT 2014
BUILDING PEOPLE
WE’RE
RELEVANT
In 2014, our qualifications team collaborated with
and advocated for our industry people. We continued
to work for our stakeholders to provide up-to-date,
relevant and compliant qualifications. This helps
to create meaningful learning experiences and
outcomes; to build professional people.
In 2014, we pressed on with phase two of NZQA’s
targeted review of qualifications (TRoQ), resulting in the
development and refinement of specifications aligned
to qualifications in:
We carried out reviews for other sectors based on
Unit Standards, and made submissions to NZQA for:
ACarpentry.
AGlass and Glazing.
AStonemasonry (including construction stonemasonry,
monumental masonry and natural stone fixtures
and fitting).
AArchitectural Aluminium Joinery.
ATrowel Trades (including brick and block laying, tiling,
solid plastering, proprietary plaster cladding systems,
ferro cement tank manufacture, and refractory
installation).
AInterior Linings (including fixing and finishing plaster
board, fibre cement linings and fibrous plaster).
AInterior Proprietary Systems (including suspended
ceilings and proprietary partitions).
AFibrous Plaster Manufacture.
We consulted diligently in both the Carpentry and
Stonemasonry sectors before submitting new ‘New
Zealand Certificate’ documentation to NZQA for their
analysis and consideration prior to inclusion on the
qualifications framework.
AJoinery.
APainting and Decorating.
We also rolled out improved manuals for a number
of qualifications across concrete trades, a supervisor
qualification, and frame and truss detailing.
WHERE TO NEXT?
2015 is going to be another busy year for qualification
review and development work, including associated
materials and resources.
We’ll be consulting with industry groups from trowel trades,
interior linings, interior proprietary systems and fibrous
plaster, prior to submissions being made.
We have an exciting year ahead and we look forward
to a number of significant projects coming to fruition.
“B
CITO HAVE THE FORMAT
AND THE STRUCTURE RIGHT,
THE CONTENT IS GOOD AND
ALWAYS IMPROVING.”
VINCE TROAKE, TROAKE GROUP LIMITED.
35
36
BCITO ANNUAL REPORT 2014
BUILDING PEOPLE
WE’RE MEETING
NEW PEOPLE
Engaging with industry and promoting the benefits of
training is an important part of what we do at BCITO
and is one of the most satisfying parts of the job.
Our Training Advisors are on the road, visiting
Our teams have also worked together to host
breakfast meetings and morning teas, and have
been active behind the podium – giving keynote
speeches and facilitating conference workshops.
people at building sites, workshops and factories
every single day across every part of New Zealand.
We attended, supported, facilitated, sponsored and
initiated over 75 events during 2014 and employed a
dedicated event support person to ensure that they
all ran smoothly.
INDUSTRY CONFERENCES
A Master Painters New Zealand Conference – Dunedin
A Registered Master Builders Conference – Taupo
ROADSHOWS
A AWCI Conference – Queenstown
A Brick and Block – 15 locations nationwide
A NZ Concrete Industry Conference – Taupo
A Resene Roadshow – 16 locations nationwide
A BSM Roadshows – 34 locations nationwide
TRADESHOWS
A BuildNZ DesigneX – Christchurch
CAREERS EXPOS AND CONFERENCES
AMore than 50 regional careers expos in schools and
community hubs
AGot a Trade? Got it Made! Expo – Auckland, Hamilton,
Wellington, Christchurch
ACATE (Careers Advisors and Transition Educators)
Conference – Tauranga
WHERE TO NEXT?
In 2015 we will increase our participation and engagement
at tradeshows, conferences, expos and roadshows –
raising brand awareness and establishing relationships
as we promote the benefits of training to people in our
industry and those we want to encourage to join. To date
we have over 100 events scheduled throughout 2015 and
this number will rise as the year progresses.
ENGAGING WITH
INDUSTRY IS THE MOST
IMPORTANT PART OF
WHAT WE DO AT BCITO.
37
38
BCITO ANNUAL REPORT 2014
BUILDING PEOPLE
FINANCIALS
CLEAR AND SIMPLE
TOTAL OPERATING INCOME
→→
2014
$000
5000
$32,908,000
OPERATING SURPLUS
2013
$000
2012
$000
2011
$000
TOTAL EXPENDITURE
$27,843,000
OPERATING SURPLUS
$ 5,065,000
2010
$000
→→
MONEY IN
5,065
4000
3000
SUBSCRIPTIONS
AND FEES
2000
1000
GOVERNMENT
GRANTS
696
-1000
INTEREST
-2000
(3,044)
-3000
(2,768)
SUNDRY INCOME
TOTAL OPERATING INCOME
-5000
HOW WE USED OUR RESERVES
→→
SCHOLARSHIP AND EMPLOYER
DEVELOPMENT FUND
ICT AND E-LEARNING
DEVELOPMENT FUND
CONTINGENCY
RESERVE FUND
$1,095,000
$32,908,000
$2,435,000
$14,690,000
$2,582,000
OPERATING
EXPENSES
$9,330,000
ADMINISTRATION
EXPENSES
$3,823,000
$3,000,000
$7,811,000
TOTAL EXPENDITURE
TOTAL SPECIAL
AND RESERVE FUNDS
$544,000
MONEY OUT
PERSONNEL
EXPENSES
LEARNING
SUPPORT FUND
$23,994,000
(3,429)
-4000
→→
$7,276,000
$ 15,828,000
$27,843,000
39
40
BCITO ANNUAL REPORT 2014
AUDITOR’S
LETTER
BUILDING PEOPLE
STATEMENT OF
COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 DECEMBER 2014
2014
$000
2013
$000
Operating Income
Subscriptions and Fees
Government Grants
Interest
Sundry Income
TOTAL OPERATING INCOME
7,276 5,745
23,994 13,458
544381
1,095 589
32,908 20,173
Expenditure
Personnel Expenses 14,690 10,490
Operating Expenses
9,330
5,960
Administration Expenses
3,801 3,007
22 20
27,843 19,477
5,065
696
Other Expenses
TOTAL EXPENDITURE
OPERATING SURPLUS Interest from Special and Reserve Funds
272 151
(175)
(316)
97
(165)
5,162
531
OTHER COMPREHENSIVE INCOME
33 -
TOTAL COMPREHENSIVE INCOME
5,195
531
Expenses from Special and Reserve Funds
SPECIAL AND RESERVE FUNDS
SURPLUS FOR YEAR
41
42
BCITO ANNUAL REPORT 2014
BUILDING PEOPLE
STATEMENT OF
CHANGES IN EQUITY
STATEMENT OF
FINANCIAL POSITION
FOR THE YEAR ENDED 31 DECEMBER 2014
AS AT 31 DECEMBER 2014
2014
$000
2013
Surplus for the Year
Other Comprehensive Income
Transfer to Special and Reserve Funds
CLOSING RETAINED EARNINGS
- -
5,162
531
33
-
(5,195)
(531)
-
-
Special and Reserve Funds
Opening Special and Reserve Funds
Interest on Special and Reserve Funds
Special and Reserve Funds Expenditure
Transfer from Retained Earnings
10,633
2013
$000
$000
ASSETS
Retained Earnings
Opening Retained Earnings
2014
$000
10,102
272
151
(175)
(316)
5,098
696
Current Assets
Cash and Cash Equivalents
Term Deposits
1,037 3,622
20,500
10,500
1,804 1,486
Trade Debtors and Other Receivables
Prepayments
288 187
Resource Production Inventory
140 378
Interest Receivable
320 90
24,089 16,263
TOTAL CURRENT ASSETS
Non-Current Assets
Property, Plant and Equipment
TOTAL TRANSFER FROM RETAINED EARNINGS
15,828
10,633
Intangible Assets
CLOSING SPECIAL AND RESERVE FUNDS
15,828 10,633
TOTAL NON-CURRENT ASSETS
TOTAL MEMBERS' EQUITY
15,828
10,633
TOTAL ASSETS
733 184
94 201
827 385
24,916 16,648
LIABILITIES
Current Liabilities
Trade Creditors and Other Payables
8,059 5,387
Employee Entitlements
1,029 595
Joint Venture - Qualifications
- TOTAL CURRENT LIABILITIES
NET ASSETS
33
9,088 6,015
15,828 10,633
MEMBERS' EQUITY
Retained Earnings
- Special and Reserve Funds
TOTAL MEMBERS' EQUITY
CHAIRMAN OF BOARD OF DIRECTORS
CHIEF EXECUTIVE
7 APRIL 2015
7 APRIL 2015
-
15,828 10,633
15,828 10,633
These summary financial statements
cannot be expected to provide as complete
an understanding as provided by the full
financial statements which are available
on request from BCITO.
43
44
BCITO ANNUAL REPORT 2014
BUILDING PEOPLE
STATEMENT OF
CASH FLOWS
NOTES TO THE FINANCIAL
STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2014
FOR THE YEAR ENDED 31 DECEMBER 2014
2014
$000
Net Cash Flows from Operating Activities
Net Cash Flows from Investing Activities
Net Cash Flows from Financing Activities
NET (DECREASE) / INCREASE IN CASH HELD
2013
$000
8,285 862
(10,870)
935
- -
(2,585)
1,797
Add Cash at start of year
3,622 1,825
CASH BALANCE AT END OF YEAR
1,037 3,622
Cash and Cash Equivalents include:
Cash and Bank
Short Term Deposits
Less Short Term Deposits held for more than 90 Days
TOTAL CASH BALANCE
REPORTING ENTITY
These financial statements are for the Building and
Construction Industry Training Organisation (BCITO)
(previously known as the New Zealand Federated Builders
and Contractors Industry Association of Employers (Inc)).
training for trainees within the trades of carpentry, interior
systems, solid plastering, floor and wall tiling, cement
and concrete work, brick and block, monumental masons,
proprietary plaster cladding systems, architectural
BCITO is registered as a charitable entity under the
Charities Act 2005 on 13 March 2008 and is exempt
from paying income tax.
aluminium joinery, flooring, glass and glazing, timber joinery,
kitchen and bathroom design, and painting and decorating.
In addition the BCITO places great emphasis on safety
within the industry through a range of nationally recognised
health, safety and injury prevention qualification.
The BCITO is recognised by the New Zealand Qualifications
Authority as the standard setting body for the carpentry
and associated trades within the building and construction
sector. Rather than making a financial return, it operates to
promote and facilitate industry training within the building
and construction industry and provides nationally recognised
The financial statements of BCITO are for the period
ended 31 December 2014.
The financial statements were authorised for issue
by the Board on 7 April 2015.
BASIS OF PREPARATION
1,022 3,607
20,515 10,515
(20,500)
(10,500)
1,037 3,622
(a) Statement of Compliance
and liabilities that have been measured at fair value.
The summary financial statements have been prepared
in accordance with FRS 43 – Summary Financial
Statements and have been extracted from the full financial
statements. The full financial statements have been
prepared in accordance with the New Zealand equivalent
to International Financial Reporting Standards (NZ IFRS)
and other applicable Financial Reporting Standards, as
appropriate for a Tier 1 public benefit entity as defined by
the External Reporting Board in its Accounting Standards
Framework (XRB-A1).
Accrual accounting is used to recognise revenue
and expenses.
BCITO is defined as a Public Benefit entity as its primary
objective is to provide services for community or social benefit
and the entity has been established with a view to supporting
that primary objective rather than for financial return.
The balances in the full financial statements have been
audited and an unqualified opinion has been issued.
These summary financial statements do not include all
the disclosures provided in the full financial statements
and cannot be expected to provide as complete an
understanding as provided by the full financial statements
which are available on request from BCITO.
(b) Basis of measurement
The Financial Statements have been prepared on
a historical cost basis, except for financial assets
The Financial Statements have been prepared
on a going concern basis.
(c) Presentation currency
The Financial Statements are presented in New Zealand
dollars ($), which is BCITO’s functional currency.
All financial information presented has been rounded
to the nearest thousand.
(d) Accounting policies
The accounting policies adopted in the financial statements
for the year ended 31 December 2014 are consistent with
those of the previous financial year, except that the BCITO
has adopted new and amended New Zealand equivalents
to International Financial Reporting Standards (NZ IFRS)
and International Financial Reporting Interpretations
Committee (IFRIC) interpretations since 1 January 2012.
The accounting policies applied in preparation of the
financial statements have been disclosed in the full
financial statements.
To ensure consistency with the current year certain
comparative information has been restated or reclassified
as appropriate.
45
46
BCITO ANNUAL REPORT 2014
BUILDING PEOPLE
OPERATING LEASE
COMMITMENTS
RELATED PARTY
TRANSACTIONS
FOR THE YEAR ENDED 31 DECEMBER 2014
FOR THE YEAR ENDED 31 DECEMBER 2014
Terms of the accommodation leases are different at each location. Costs shown are GST exclusive.
Related parties arise when an entity or person(s)
has the ability to significantly influence the financial
and operating policies of the group.
2014
$000
2013
$000
Not later than one year
717 625
One year and not later than two years 618 526
Two years and not later than five years 724 1,078
Over five years
TOTAL ACCOMMODATION LEASE COMMITMENTS
- 2,059 PARENT AND ULTIMATE CONTROLLING PARTY
The Building and Construction Industry Training
Organisation is the ultimate controlling party of the BCITO.
47
KEY MANAGEMENT PERSONNEL
Key management personnel include members of the Board,
executive officers and other key management personnel.
RELATED PARTIES
BCITO has a related party relationship with its board
members, key management personnel and association
members. Other than transactions with key management
personnel (disclosed below) there have been no other
transactions with related parties in the year (2013: $Nil).
-
2,229
2014
$000
2013
$000
Operating leases in respect of leased equipment and motor vehicles for regional training staff are as follows:
2014
$000
Not later than one year 2013
$000
1,249 1,118
One year and not later than two years 959 985
Two years and not later than five years 188 730
2,396 2,832
TOTAL EQUIPMENT AND VEHICLE LEASE COMMITMENTS
Board Member Fees
Salaries and other Short-term Employee Benefits
Total remuneration paid to key management personnel
is made up of short-term employee benefits and no other
post-employment benefits, termination benefits or longterm benefits arrangements have been expensed in the
years reported.
44
23
946
751
OTHER RELATED PARTY TRANSACTIONS
Except as stated above there are no other related party
transactions.
SUBSEQUENT EVENTS
There were no significant events after balance date
requiring reporting or adjustment in these financial
statements (2013: $Nil).
MERGER
On 1 January 2014, BCITO merged with the Joinery
Industry Training Organisation and the NZ Flooring Industry
Training Organisation. Both ITOs transferred their industry
training business, assets and liabilities to BCITO.
Funds introduced as a result of the merger totalled
$33,035 (2013:$Nil).
2014
$000
2013
$000
Accounts receivable
250 -
Other current assets 110 -
20 -
Plant and equipment Liabilities
FUNDS INTRODUCED
(347) -
33 -
48
BCITO ANNUAL REPORT 2014
HE AHA TE MEA
NUI O TE AO?
HE TANGATA!
HE TANGATA!
HE TANGATA!
WHAT IS THE MOST
IMPORTANT THING
IN THE WORLD?
IT IS PEOPLE!
IT IS PEOPLE!
IT IS PEOPLE!
`