NZ’s top 40 Co-operatives based on 2016/17 revenues

NZ’s top 40 Co-operatives based on 2016/17 revenues

 

Organisation Revenue 2016/17
$ NZ
1 Fonterra 19,200,000,000
2 Foodstuffs North Island 6,438,000,000
3 Foodstuffs South Island 2,970,000,000
4 Zespri 2,260,000,000
5 Silver Fern Farms 2,200,000,000
6 Farmlands Cooperative 2,160,000,000
7 Alliance Group 1,533,000,000
8 Southern Cross Healthcare 923,000,000
9 Mitre 10 (NZ) 818,000,000
10 Ballance Agri-Nutrients 805,000,000
11 Westland Milk Products 629,700,000
12 Ravensdown Fertiliser 626,630,000
13 Market Gardeners 570,413,000
14 Rabobank NZ 549,778,000
15 Independent Timber Merchants 515,000,000
16 Tatua Cooperative Dairy Co 328,000,000
17 CDC Pharmaceuticals 326,271,000
18 Capricorn Society 312,000,000
19 Farmers Mutual Group 268,235,000
20 SBS Bank 227,740,000
21 RuralCo 209,782,000
22 Livestock Improvement Corp 203,129,000
23 Dairy Goat Cooperative 193,000,000
24 NZPM Group 183,380,000
25 Eastpack 160,900,000
26 The Co-operative Bank 142,453,000
27 Pharmacy Wholesalers (BOP) 138,683,000
28 Medical Assurance Society 124,494,000
29 World Travellers 102,000,000
30 Unimed 52,700,000
31 Foodfirst 51,765,000
32 Electricity Ashburton 46,691,000
33 Procare Health 35,986,000
34 Co-op Money NZ 29,144,000
35 Seasonal Solutions 28,622,000
36 Health 2000 28,000,000
37 Accuro 25,189,000
38 Marlborough Grape Prod Group 24,390,000
39 NZ Hops 21,500,000
40 Provelco Group 14,368,000
Total $45,476,943,000

NZ’s top 40 co-operatives, mutuals and societies generated over $NZ45.475 billion in revenues over their respective 2016/17 financial years, this equating to 17.4% of NZ’s GDP.

Data on 2016/17 revenue was gathered from annual reports and/or financial statements published by the organisations. These were retrieved from the NZ Companies Office register or from the organisations’ various websites. Where annual reports or financial statements were not publically available, the information was sourced by contacting the organisations directly. There is some variability in the reporting with revenue for retail / wholesale co-operatives, which represent a B:B co-operative business model, reflecting the total value of purchases made by respective Members (ie. retail stores) from their parent company buying offices, and not the sum of the revenues of the stores themselves