CONNECT AND

DEVELOP

REGIONS

TRANSFORM

THE

TRANSPORT

AGENCY

TARGET

RAPID

GROWTH

SHAPE THE

LAND

TRANSPORT

SYSTEM

Year to date Full year

$9m

$6m Actual/ Forecast

Budget

$36m

$36 m

$12m

above budget

$918m

$930mActual/Forecast

Budget

$3,642m

$3,642m

$22m

below budget

$818m

$796mActual/ Forecast

Budget

$3,944m

$3,771m

$11m below budget

$37m

$26mActual/ Forecast

Budget

$146m

$146m

$3m below budget

Shape the land transport system

Target rapid growthConnect and develop regions

Keep people safeImprove customer experiences

The latest result

is below baseline

The latest result

is above baseline

The latest result

is inline (+/- 5%)

with the baseline

The latest result

aligns to our

desired trend

The latest result

does not align to

our desired trend

Under development

1.1 Lead the co-creation of a long-term strategic view of New Zealand’s land transport system that all of our partners can easily access to inform their decision making.

1.2 Develop the 2018–21 National Land Transport Programme with a revised Investment Assessment Framework that gives effect to the Government Policy Statement on Land Transport, including: an increased focus on resilience; support for housing development; use of technology to improve the realisation of benefits; and clarification of the contribution of the National Land Transport Fund to reducing environmental harms.

1.3 Prepare and draft the Setting of Speed Limits and Driver Licensing Amendment Rules for signature

by the Minister of Transport.

2.1 Support the Ministry of Transport in its role to investigate the introduction of road pricing as a demand management tool in Auckland.

2.2 Develop a framework in conjunction with Auckland Transport that uses traffic management and investment prioritisation to improve the productivity and flow of agreed urban routes in Auckland, and that could be applied to other urban areas.

Under development

Available June 2018

2.4 Lead the design and development of businesses cases for transport interventions identified by the Auckland Transport Alignment Project.

2.5 Deliver significant capital projects to schedule.

2.3 Establish the Auckland Technology Transformation Group in conjunction with Auckland Transport and agree a roadmap for delivering digital transport systems in the region.

2.6 Develop a programme of activities to provide travel choices to customers in areas under pressure

from growth.

3.1

3.2

year of the 2015–18 National Land

Transport Programme.

3.3 Rebuild State Highway 1 in accordance to the Kaikōura Earthquake Response.

3.4 Deliver significant capital projects to schedule.

Duration of closures

Drivers without a licence

Available June 2018

Baseline for the June–

August is 95%

4.1 Develop an integrated intervention logic model to optimise safe system investment for the 2018–21 National Land Transport Programme.

4.4 Deliver a package of advertising, education and other safety information and promotions that target high-risk audiences with behavioural change messages, new knowledge and information.

4.2 Develop, with transport sector partners, an automated compliance strategy and implementation plan as part of the Safer Journeys Action Plan 2016–2020.

4.3 Complete a joint review with the New Zealand Police and Ministry of Transport of the Road Policing Programme content and mechanics to ensure it is future fit and provides value for money to inform the 2018–21 National Land Transport Programme.

Deaths & serious injuries

Energy efficiency

4.5 Develop guidelines for the infrastructure requirements to enable the early adoption of new

vehicle technology.

Speed Management Guide

Safer Journeys for motorcycling on New Zealand roads

4.6 Develop and publish, with the transport sector, a comprehensive view of a national charging

network for electric vehicles.

4.7 Refresh our rail regulatory frameworks, success measures and capability to focus on specific

high-risk areas and activities.

5.1 Contribute to all-of-government initiatives including: • enabling customers to use the New Zealand Business Number to access services • further enhancements to the drive.govt.nz website.

5.2 Make it easy to engage and do business with us by enabling customers to apply for a Transport Service Licence online.

Under development —

Available June 2018

Choice

Through the marketplace, data feeds from transport providers are brought together all in one place, allowing people to choose their travel option through Choice. Choice is currently aimed at

6.1 Implement and evaluate a pilot in Queenstown and then Auckland Airport of a national, real-time information platform that establishes a marketplace for customers to plan and book travel across modes.

6.2 Launch the National Incident and Event Management System in Wellington and Christchurch.

6.3 Support and align with the Ministry of Transport to plan and facilitate trials for emerging vehicle technologies.

Under development

Choice

Choice Choice

Choice

Choice

Choice

Choice

Choice

7.1 Identify our capability needs to deliver our new strategy and create a plan to fill any gaps.

7.2 Develop a plan to modernise our information technology infrastructure so that we can deliver cost-effective customer services and solutions.

Performance improvement

framework

Available June 2018

Available June 2018

7.4 Develop and begin to implement action plans to improve the value for money of our output class investments.

7.5 Establish the space, tools and partnership arrangements for an innovation zone and run

innovation design challenges with our partners to address specific transport challenges.

7.3 Develop relationship plans for our key stakeholders to strengthen and clarify how we engage and work with our partners.

The Transformation Programme is in place to ensure that as an organisation we transform not just

restructure. The purpose of this multi-year programme is to collaboratively lead, manage and embed

organisational change so we think, act, and organise as one, people-centred, strategy-led Transport

Agency.

This quarter we:

Performance improvement

framework

Available June 2018

8.1 Implement a transition plan with supporting guidance and tools for change management to effectively transition our people into their new roles and teams.

8.2 Identify and implement a programme of improvements to our centralised business planning framework. (The new framework, which uses our strategy to direct business planning, resource allocation and performance measurement for the entire Transport Agency, was established in

8.3 Develop and shift our DNA (how we work): customer focus to deliver value, collaborate to achieve as one and curious to cultivate innovation.

YEAR ORIGINAL NLTF APPROVAL ($M)

REVISED BUDGET ($M) - 2016/17 RPP VARIATIONS

ACTUAL/YTD ($M)

2015/16 315.0

314.7 314.7 2015/16 – Speed camera Expan-

sion Programme 8.0

2016/17 637.0

331.2 321.0

2017/18 324.1

Total 2015-18 (NLTF only) 960.0 970.0 635.7

Prog ress on the

The programme for the

Completed (17 projects)

In Construction (25 projects)

Pre Construction (12 projects)

Year to date Full year

$12m

above budget

$918m

$930mActual/Forecast

Budget

$3,642m

$3,642m

$22m

below budget

$818m

$796mActual/ Forecast

Budget

$3,944m

$3,771m

$11m below budget

$37m

$26mActual/ Forecast

Budget

$146m

$146m

$3m below budget

$9m

$6m Actual/ Forecast

Budget

$36m

$36 m

SUMMARY YEAR TO DATE FULL YEAR

Actual Budget Variance Variance Forecast Budget Variance Variance

$m $m $m % $m $m $m %

Fuel Excise duty 475 486 (11) (2%) 1,887 1,887 0 0%

Road user charges 374 348 26 8% 1,433 1,433 0 0%

Motor vehicle registration and other revenue

81 84 (3) (4%) 322 322 0 0%

Total NLTF revenue 930 918 12 1% 3,642 3,642 0 0%

Budget

Tracking 1% above year to date budget

Full year forecast

Current forecast is the 2017/18 budget.

Revenue will be forecast in HYEFU in

Nov 2017

2015-18 NLTP

Revenue forecast at 102% of published

NLTP three year target

Watch list Level of NLTF

surplus and its cash reserves

$12m

above YTD budget

SUMMARY YEAR TO DATE FULL YEAR

Actual Budget Variance Variance Forecast Budget Variance Variance

$m $m $m % $m $m $m %

NLTP funded from NLTF 609 682 73 11% 3,387 3,266 (121) (4%)

Crown-funded projects 187 136 (50) (37%) 557 505 (53) (10%)

NLTP & Crown expenditure 796 818 22 3% 3,944 3,771 (174) (5%)

NLTP budget

Tracking 11% below budget

NLTP full year forecast

Expected to be 4% above budget

Crown budget

Tracking 37% above year to date budget

Crown full year forecast

Expected to be 10% above budget

$22m

below YTD budget

SUMMARY INCURRED TO DATE 3 YEAR NLTP

Actual Actual Budget Adjusted Published

Forecast Variance

2015-18 NLTP $m % % $m $m $m

70% of three year NLTP funded from NLTF 6,675 70% 73% 9,724 9,448 (276)

programme spent Crown-funded projects 706 65% 59% 1,093 1,076 (17)

to date

2015-18 NLTP watch list

Under GPS range

Local road improvements

To monitor

Regional improvements

2015-18 Crown

projects

65% of three year funding spent to

date

2015-18 Crown projects watch list

Urban Cycleways Programme

Accelerated Regional Roading

Programme

SUMMARY CURRENT AND FUTURE NLTP

2015-18 NLTP 2018-21 NLTP 2021-24 NLTP

Funding available $m % $m % $m %

$4.5b available for future investment

decisions up to 2024

Committed expenditure 10,877 100% 10,274 84% 9,996 80%

Discretionary expenditure 25 0% 1,942 16% 2,528 20%

Total expenditure 10,902 12,216 12,524

Current NLTP

$25m available for investment deci-

sions

SUMMARY YEAR TO DATE FULL YEAR

Actual Budget Variance Variance Forecast Budget Variance Variance

$m $m $m % $m $m $m %

Total expenditure represented by:

NLTP 23 31 7 24% 151 151 0 0%

Regulatory 52 54 2 3% 184 184 0 0%

Total expenditure 75 84 9 11% 336 336 0 0%

Total expenditure

Less operational revenue (49) (47) 2 4% (190) (190) 0 0%

Tracking 11% below Net expenditure 26 37 11 30% 146 146 0 0%

year to date budget

Revenue

Tracking 4% above year to date budget

Full year forecast

Current forecast is the 2017/18 budget

$11m

below YTD budget

SUMMARY YEAR TO DATE FULL YEAR

Opex Actual

Capex Actual

Total Actual Total Budget

Variance Forecast Budget Variance Variance

$m $m $m $m $m $m $m $m %

Shape the Land Transport Sys-tem

0.4 0.0 0.4 0.5 0.1 2.1 2.1 0.0 0%

Keep People Safe 0.0 0.0 0.0 0.2 0.2 0.7 0.7 0.0 0%

Improve Customer Experiences 0.7 1.2 1.9 2.3 0.4 9.4 9.4 0.0 0%

Budget Achieve Org. Excellence 0.7 1.7 2.4 5.0 2.6 19.9 19.9 0.0 0%

Tracking 37% below year to date budget

Transform the Transport Agen-cy

0.9 0.0 0.9 0.9 0.0 3.4 3.4 0.0 0%

Deliver Connected Journeys 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.0 0%

Total initiatives 2.7 2.9 5.6 8.9 3.3 35.7 35.7 0.0 0%

Funding

Opex budget over programmed by

$1.4m

Full year forecast

Current forecast is the 2017/18 budget

$3m

below YTD budget

SUMMARY

Drawdown/ Liability Total facility Period

NLTF cash balance at 30 September

Borrowings and financial liabilities $m $m Years

Short term revolving facility 0 250 Less than 1 yr

$508m Christchurch earthquake loan 41 183 9 yrs

Auckland Transport Package loan 212 375 10 yrs

Short term facility Tauranga Eastern link loan 107 107 35 yrs

There was no drawdown in quarter one

Total borrowings 360 915

Transmission Gully (PPP) 450 1,100 31 yrs

Pūhoi to Warkworth (PPP) 134 1,000 28 yrs

Total borrowings (incl PPP) 944 3,015

Long term facilities Derivative financial liability 121

There was no drawdown in quarter one

Derivative financial asset (9)

Total borrowings (incl PPP and derivatives) 1,056

Other Commitments Commitment Period

Auckland Electrical Multiple Units 200 35 yrs

Auckland Depots 50 50 yrs

Wellington Matangi Electric Multiple Units 85 28 yrs

Full-time equivalent (FTE) employees

Permanent comings and goings

Annual leave liability

Planned and unplanned leave taken