Statement of Corporate Intent (SCI)
Our Statement of Corporate Intent (SCI) contains information such as the strategic goals and initiatives and key non-financial performance indicators for the next five years, and summary of the financial performance targets. Once the SCI has been approved by the Minister of Science and Innovation, it is released publicly.
The SCI, together with the Annual Report, meet the requirements of the Crown Research Institutes Act 1992, the Companies Act 1993, the Financial Reporting Act 1993, the Crown Entities Act 2004, and the New Zealand Institute of Chartered Accountants (NZICA) with regards to New Zealand Generally Accepted Accounting Practice (NZ GAAP).