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Marae have an important role as kaitiaki of

our culture and heritage. Supporting them is

fundamental and this year we have introduced

an insurance scheme and paid out an additional

grant totaling $15 million to support development

initiatives.

This year we have distributed $22.3 million to fund

social development programmes and activities,

including the Kiingitanga, education, marae, and

kaumaatua health and wellbeing. This compares to

$6.1 million last year and includes the $15 million

marae grant.

The Operations Reports on pages 22 to 41 outlines

the year’s achievements in detail.

WHAKAHOAHOA

Relationships

As our tribal fortunes have grown, so too has the

opportunity to develop meaningful relationships

with organisations whose outcomes align with ours.

Across both Trusts we have a total of 13 accords and

a growing number of Memoranda of Understanding.

We have agreements with iwi, communities and

local organisations that see the tribe working to

achieve local solutions for local issues. These written

agreements confirm working partnerships to deliver

tangible results, such as employment opportunities

for members.

With a range of entities within the

tribal group, internal relationships are

also important and we encourage

collaboration across all the tribal

entities to ensure activities align

with the goals of Whakatupuranga

2050. We want to facilitate joint

opportunities, identify alignment

to ensure we are maximising

resources and budget spend,

and support each entity to be

successful. We are one team with a

single forward direction in mind.

WHANAKETANGA

Progress

Good, solid progress has been achieved this

year. The stabilising economic environment

in 2015 has helped to ensure our commercial

activities continued to return revenue.

Concurrently, our social development and

education pl an

Education leads our social development

portfolio and during the year we advanced

development of our Education Plan, Ko te Mana

Maatauranga, which articulates the aspirations

our people hold for whaanau, hapuu and iwi

as lifelong learners.

11

waikato-tainui annual report 2015