Plasma can be frozen for up to two years and blood products made from plasma can be stored for up to two years.
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NZBS Performance
Performance reporting requirements changed in 2014 in accordance with the Crown Entities Amendment Act 2013. Like most Government agencies, NZBS prepares three main statutory documents: a four year Statement of Intent (SOI) an annual Statement of Performance Expectations (SPE) and the Annual Report.
Statement of Intent
The Statement of Intent is tabled in Parliament. It is prepared in accordance with section 41C and 41D of the Public Finance Act 1989 and section 67(1) of the New Zealand Public Health and Disability Act 2000. It provides an overview of our strategic priorities and organisational context for the next four years.
NZBS has received an extension for delivering the 2020-2024 Statement of Intent and 2020/21 Statement of Performance Expectations as we are unable to adequately assess how our future operations will be affected and the extension will enable NZBS to provide a better statement of intent (or SPE) than we would be able to if the extension were not granted.
| Statement of Intent |
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NZBS Statement of Intent 2017-2021 (pdf, 2.1 MB) |
Statement of Performance Expectations
The Statement of Performance Expectations is tabled in Parliament. Taking into account the Minister's annual Letter of Expectations, it describes what NZBS plans to do each financial year, including the forecast financial statements (budget) and underlying assumptions and how performance is to be measured.
Quarterly Output Reporting
In accordance with the Minister of Health's July 2012 Enduring Letter of Expectations NZBS will publish quarterly updates throughout the year on its performance against the targets and measures set in the Statement of Intent. The Minister has requested this to demonstrate to the public that the NZBS Board operates transparently and discloses non-sensitive entity performance information throughout the year on our website.
| Quarterly Monitoring Report |
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NZBS Quarterly Monitoring Report Q4 FY18 (pdf, 619 KB) |
Annual Reports
The Annual Report is our main reporting mechanism to Parliament, and is usually tabled in October. The Annual Report outlines our performance (including detailed financial performance) compared to performance targets and measures set in the Statement of Performance Expectations. Prior to 2013 the NZBS financial section in the Annual Report contained an abridged version of the financial reports, with the full set of reports available for public review on the website.
| Annual Report |
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Annual Report 2018-2019 (pdf, 8.5 MB) |
| Financial Statements Archive |
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NZBS Financial Statements 2011-2012 (pdf, 9 MB) |
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NZBS Financial Statements 2010-2011 (pdf, 11 MB) |
Health Select Committee
NZBS is a Crown Entity responsible to New Zealand’s Parliament, which operates the select committee system. Select committees review the performance and operations of Crown Entities, government departments and state enterprises enabling members of Parliament to examine issues in more detail than is possible in the House of Representatives. Select committees operate under the authority of the House of Representatives and are required to report to the House.
NZBS appears in front of the Health Select Committee every three to four years and recently appeared (11 February 2015) in relation to its performance in the 2013/14 financial year. The Select committee's findings along with the two NZBS submissions to the committee on its 2013/14 performance may be viewed below.
NZBS Response to Select Committee Questionnaire
NZBS Response to Select Committee Questionnaire (pdf, 1.2 MB)
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