< Previous2017 88% TE RŪNANGA O TE RARAWA DASHBOARD REPORT 2018 82% TRUSTEE ATTENDANCE at Rūnanga hui-a-marama *Combined Average *Excludes non-attending marae GROUP FINANCIAL RESULTS Te Rarawa has grown its asset base million $39.8 million $70.3 since settlement Total Revenue ($000's) Total Assets ($000's) 2015 $3,550 2016 $7,763 2017 $11,806 2018 $9,104 2014 $5,272 2013 $3,938 2015 $42,061 2016 $56,562 2017 $59,216 2018 $70,322 2014 $39,832 2013 $21,345 fromto 1011 Te Rūnanga o Te Rarawa awarded $38,500 in scholarships to 14 recipients from 10 Te Rarawa marae. The recipients were passionate about their areas of study and keen to contribute to their iwi. Victoria University honoured their commitment to match dollar for dollar, the value of the scholarship issued by Te Rūnanga o Te Rarawa to one recipient studying with them. The value of scholarships issued by Te Rūnanga o Te Rarawa has increased by 26% since 2015. 2018 EDUCATION Scholarships 14 $38,500 1 Undergraduate Courses 3 Post-graduate 12 Doctoral 2015 $30,500 2016 $29,750 2017 $31,750 2018 $38,500 AwardsValue in 2018NGĀ MAUMAHARA Korou KorePauline Clarke, Devon Graham, Gordon Larkins. MātihetiheRoseanna Davey (nee Hotere), Edwin Tatana, Peter Schofield, Tom Rooney, Mina Paku, Margaret Pritchard, Edwin Tahana, Susanna Penney. MorehuMargaret Enright, Mata Ihaka, Annette Pirini, Tina Joy Moore, Kura Herbert. MotutīIsobel Paparoa, Ruth Howard, Te Orongonui Makara, George Moka, Neo Misimake Topia, Stephen Depiazzi. Ngāi TūpotoMoko Ngapera, Donna Morunga (nee Gundry), Donna Higgins (nee Booth), Moeroa Davis (nee Everitt), Harry Lundon, Billy-Gene Repia, Charlie Waipouri, Roy Davis, Pani Driver, Frank Barnes, Joe Ngapera, Bradley Gibbons, Josephine Davis, Marge Neho Rameka. Ngāti ManawaNina Rudolph. ŌhakiMaureen Graham, Moyra Henare-Hoeft, Albert Topia, Beatrice ‘aka Girlie’ Maera Petera (nee Rudolph). Roma maraeMarigold Ngaumu, Ben Tepania, Paula Schuster, Joy Allen. TaiaoWalter Tipene, Ossie Peri, Noeline Dunn, Hone McMath. Te KotahitangaPania Hokai, Anne Murray (nee Otene), Esther Mane, Allen Petera, Teina Murray, Thomas Murray, Tom Waru, Paradise Halkyard. Te RarawaDixon Motu, Ross Gregory, Minnie Horne (nee Robson), Harry Mane, Deena Sylva, Frank Harrison, Raewyn Robson, Taru & Gloria Busby, Clarence Robson, Timoti Flavell. Te Uri o HinaAlec Busby, Monty Busby. WaihouWayne Te Tai, Kararaina Peita, Joe Ngapera. WainuiCharlie Williams, Sandy Murupaenga, Dion Hobson, Christine Roberts. WaipareraDave Williams, Wilhelmina Shelford. WaipunaAlbert Witana, Nita Gregory (nee Taylor), Steve Rima Wihone, Selwyn Herewini Leef, Peter & Tom Peita, Benny Dunn, Moses Masters. WhakamaharatangaHarry (Teen) Valentine Tatana, Cecelia Pae (nee Tatana), Barney Walters, Mary Gilmore. OtherDolly Graham (nee Clarke), Chris Murray, Poro Brown, Susan Pivac, Hepa Pomare, Hiwi Tauroa, George Popata, Charlie (Tipene) Kanapu.Masters. 12Above: Our Te Rarawa trustees and attendees at the Toka Tumoana 2018 AGM. 1972 - 2018 Wayne Te Tai 1938-2018 Dixon Motu 1962-2018 Gordon Larkins 1963-2018 Rongo Makara FORMER TE RŪNANGA O TE RARAWA TRUSTEES E kore te puna aroha e mimiti nei, mo te hunga i para ai te huarahi, i huri tuarā mai, i nunumi ki te pō. Haere, haere, haere atu rā. Tēnei rā he reo whakamanawa kia koutou e ngā ringa raupā, ngā ringa tohu, ā, koutou e ngā tarahitī, e timu te tai, e pari te tai. Tēnā ra koutou katoa. 1314 KŌRERO A TE WAKA PUPURI PŪTEA Te Waka Pupuri Pūtea group maintains a core kaupapa of "Taonga tuku iho" focussed on: • Protecting taonga for future generations; • Managing assets within the four pou of economic, cultural, social and environmental performance; and • Growing the Te Rarawa economic asset base and our people alongside it. 2018 saw a change of guard for Te Waka Pupuri Pūtea group, with the departure of inaugural Chairperson Paul White, after 12 years of guiding our waka through the pre and post settlement phases of activity. Under Paul’s leadership, Te Waka Pupuri Pūtea has matured into an excellent example of a post-settlement Iwi Asset Holding Group which applies sound business principles underpinned by Te Rarawa values and the ‘Four Pou’ principle. The incoming Chair, June McCabe takes the helm after 6 years on the Board. June has extensive expertise in governance across many sectors, and a background in banking, finance, investment and housing. Te Waka Pupuri Pūtea is also fortunate to have Tyrone Newson join the Board. Tyrone is a qualified Civil Engineer with a Masters in Business Administration from Cass Business School in London. Tyrone has a background in commercial development in New Zealand and Asia. Te Waka Pupuri Pūtea continues in stable hands. In 2018, New Zealand felt the impact of the global financial upheaval due to issues such as Brexit and US trade policy. This impact led to negative returns across parts of our financial portfolio. Whilst not ideal, our portfolio continues to perform well relative to the market and since inception in 2014 we’ve seen overall growth of $5.8m and an average return of 7.8%. Te Waka Pupuri Pūtea operates Tō Tātou Kāinga and Kapene Te Rarawa, which while commercial in nature, also gives effect to our ‘Four Pou’ principle. In 2018 we appointed a Project Coordinator to support Te Rarawa whānau into first home ownership and to provide cabins to address over- crowding issues. In many cases, home ownership represents the major economic base upon which whānau can grow the wealth of future generations. We’re pleased to have assisted 16 Te Rarawa whānau to purchase their first homes, as well as supporting 15 whānau to acquire cabins. In September 2018, Te Waka Pupuri Pūtea organised a hikoi to Coromandel and Ōpōtiki to investigate aquaculture opportunities, in conjunction with Ngāi Takoto and Te Aupōuri. Fourteen representatives from Pukepoto and Ahipara marae made the journey and were warmly received into the rohe of Pare Hauraki and Whakatōhea. The trip reinforced the connection with Te Hiku o Te Ika, when our group witnessed first hand the socio-economic impact achieved through the on-growing of mussel spat collected from Te Oneroa a Tōhē. The group returned home exhausted but excited about future opportunities in this important industry. During 2018, the Sweetwater Farms and Te Rau Mīere strategy progressed as business as usual. We planted 16 hectares of land at Pāpōnga in mānuka to support the honey industry and regenerate native flora on marginal land. New acquisitions included 320 Ha of forestry land in Broadwood, the deal for which was structured in a way where the value of the lumber offset the cost of the land. An extremely positive result achieved through strong partnerships and prudent due diligence. The dashboard report on the following pages gives a snapshot of our achievements in 2018. You’re welcome to contact Te Waka Pupuri Pūtea to discuss these initiatives in greater detail. June McCabe Sean Stratton General Manager June McCabe Chairperson Taonga tuku iho Te Waka Pupuri Putea Group TE WAKA PUPURI PŪTEA DASHBOARD REPORT Te Rarawa visited Coromandel and Ōpōtiki to investigate aquaculture opportunities Horticulture GROWTH SECTOR INVESTIGATION TourismAquaculture Priority opportunities identified @ 90%-100% 8 TARGETS ACHEIVED 2018 Statement of Intent (SOI) Achievement Results Please refer to Te Waka Pupuri Pūtea Statement of Intent (SOI) summary for details @ 60-80% 3 Here’s how we measured our achievements against the 2018 Statement of Intent Total SOI targets 11 1516 ECONOMIC POU CULTURAL POU ENVIRONMENTAL POU SOCIAL POU Our financial portfolio is diverse, dynamic and global. We prioritise financial stocks that meet our Socially Responsible Investment Policy including: Z Energy, Vodafone Group, Infratil, Sanford, Sydney Airport Holdings, Sony Corporation, Spotify, Amazon.com, Genesis Energy, Rabobank, Hitachi Ltd. 320 Ha $21 m $60m Total assets $8.5 m $3.6 m $24.2 m $7.1 m Financial Portfolio ForestryPropertyFarmingFisheries (JB Were)(incl. Tupu-ā-nuku) Whenua and forestry acquired at Broadwood $350 k Dividend paid to Te Rūnanga o Te Rarawa 16 Ha Land at Paponga planted in mānuka to support honey industry and regenerate native vegetation on marginal land. 31$10 k 154716 Contribution to Te Rarawa scholarship awards People employed directly Cabins to Te Rarawa whānau experiencing overcrowding Home ownership support to Te Rarawa whānau Te Rarawa whānau supported to purchase their first home.Kapene Te Rarawa We assisted a whānau of 11 (including 4 whāngai tamariki) who were staying in their 3-bedroom whānau homestead. The acquisition of two cabins helped the whānau address their need for more space, and reduce the health and wellbeing risks from overcrowding. "Through this journey together we have learnt a lot, our confidence has grown in this process and we would recommend it to whānau that are considering owning their own home. The feeling is empowering, the process is encouraging and we are so proud to have this security for our whānau." Feedback from Tō Tātou Kainga - First Home Owners of fibre laid between Auckland and Whangarei 210 km The new land-use honey model implemented through Te Rau Mīere Honey Strategy has generated a 17 $310 k TonnesProfit 53% Return on investment TE RAU MĪERE Manuka Honey Strategy for the landowner 133% Profit = 1718 KŌRERO A TE RARAWA ANGA MUA Ka nui te mihi atu ki a koutou Abraham Witana - Chairperson On behalf of Te Rarawa Anga Mua (TRAM) Board, I’m pleased to report that 2018 was another successful year. This reflects the hard work and commitment of our talented team of staff, who despite ngā piki me ngā heke, continued to support the intergenerational development of Te Rarawa whānau whānui. To those Senior Managers who provided strategic advice to the Board, the frontline workers engaging with whānau and communities, and the corporate administration staff that kept the cogs turning, ka nui te mihi atu ki a koutou. In late 2018 the TRAM Board appointed George Riley into the role of Pou Whakahaere (General Manager). We’re confident George’s wealth of experience will contribute to TRAM exercising greater creativity, collaboration and a stronger focus on doing what works well for whānau, hapū and hapori. We saw what funder flexibility could look like when TRAM received innovation funding to establish Hohou te Rongo, a customised, tikanga based position. Hohou te Rongo demonstrates what can be achieved when the focus is on effectiveness rather than conformity. Tūturu Tangata is another example of a tikanga based service that was wholly developed by the Rūnanga and continues to achieve positive outcomes across the rohe and further afield. This approach will be perpetuated in future programmes and service delivery. In 2018 a number of Te Rarawa kaupapa were either led out, supported or co-delivered by TRAM, alongside key strategic partners like Te Aho Tū Roa. One example is the Mauri Ora Mai Tawhito symposium held at Waipuna marae, Panguru. This kaupapa strengthened the hononga between seven North Hokianga hapū marae who confronted the reality of diminished capacity to carry out core cultural functions, including access to kaikōrero and kaikaranga. A visit to Rēmana Wāhi Tapu reinforced the whakapapa connections between hapū and prompted a commitment to support each other to carry out these cultural functions. In the meantime, Te Reo o Te Rarawa has a bold and audacious goal that 100% of Te Rarawa members will be te reo Māori speakers by 2050. This will fortify our marae taumata and stimulate the growth of our cultural practices. There was an increase in Te Rarawa whānau attending wānanga reo, seeking to develop mechanisms to support the learning of our reo in whānau homes. It’s been hugely gratifying to see host marae incorporating their history and whakapapa into the theme of Wānanga Reo, ensuring the kōrero of the haukāinga is preserved for future generations. The TRAM Board strongly believe the Mauri Ora Mai Tawhito and Te Reo o Te Rarawa kaupapa are both critical and fundamental steps towards achieving the Rūnanga vision whereby, "Te Rarawa whānau are strong in their identity, active with their marae and making a contribution". On behalf of the Rūnanga, TRAM administers the annual scholarships and marae dividend distributions. These two functions are tangible investments into the future of Te Rarawa whānau and hapū marae. We’re pleased to see an increase in the value of the scholarships we’re able to issue. Te Rarawa Anga Mua has strong relationships with funders, strategic collectives and co-delivery partners. Over the coming year our aim is to strengthen current relationships and co-design new ones. We acknowledge all of our partners, Government Agencies, NGO’s, Collectives, Schools, Trusts and professional services. Thank you for the support and energy you’ve added to our collaborative efforts. We look forward to 2019, and even greater things to come over the next five years. Tēnā koutou katoa. Abraham Witana Te Rarawa Anga MuaTE RARAWA ANGA MUA DASHBOARD REPORT Taitamariki attended Noho Taiao o Te Hiku, Pōtahi marae, Te Kao. Taitamariki attended Noho Taiao o Te Rarawa, Mātihetihe marae, Mitimiti. 50 2 Noho Taiao Supported 60 See more of our achievements over the page 19 Here’s how we measured our achievements against the 2018 Statement of Intent TARGETS ACHEIVED 2018 Statement of Intent (SOI) Achievement Results Please refer to Te Rarawa Anga Mua Statement of Intent (SOI) summary for details Total SOI targets 29 1982 @ 90%-100%@ 75%@ 50%Next >