INTRODUCTION 4 Mangere Tarp and Warkworth to Snells Pipeline Transfer projects. The commencement of the second three-year operations and maintenance contract supporting the Waterview Tunnel was also confirmed. Built Environs The commercial building arm of the Group maintained operating earnings for the year despite a reduction in revenue to $119 million. This was due to strong delivery performance on projects including the Oval Hotel, Modbury Hospital upgrade and Auckland City Mission HomeGround project. Under Michael Clemenger's leadership (appointed managing director in mid-2020), the business has been restructured into regional reporting with new state general managers appointed in South Australia and Victoria to provide a greater focus on new business. Built Environs’ positive entry into New Zealand continued with the upcoming completion of its first project, the Puhinui Station upgrade in Auckland in joint venture with McConnell Dowell. The business also secured the Otahuhu logistics project in Auckland and has several promising upcoming tender opportunities. Built Environs also entered the Victorian market during FY21, obtaining state government contractor registration and securing its first project for the Victorian School Building Authority at Beaumaris Secondary College. Health, Safety and Environmental Performance McConnell Dowell recorded an LTIFR of 0.30 with a 20% reduction in the number of LTIs across the business. McConnell Dowell’s PHAIR continues to increase due to all business units conducting hazard reporting and finding better ways to manage safety on work sites. The result was a PHAIR of 248.79 compared to 182.55 last year. A successful step up to the new health and safety standard ISO45001 was also achieved during the year, and internal and external auditing continues to show good compliance with safety systems. A targeted approach to the close out of actions raised from hazard reporting and audits has resulted in 100% of actions completed and closed within the permitted timeframes across all areas of the business. COVID-19 remains a factor in all areas of operation and McConnell Dowell continues to provide support to staff and communities throughout the pandemic. A number of online support services have been provided to employees and regular COVID-19 toolbox talks are held on all projects. A COVID-19 Pandemic Response Plan is in place across the business to ensure a full and compliant response to COVID-19 restrictions and protocols. There were no serious environmental incidents recorded across the operations, the result of consistent application of the McConnell Dowell Management System and a strong focus on environmental awareness. People and Leadership McConnell Dowell continues to benefit from strong and stable executive and senior leadership teams across the Group. Michael Clemenger has settled in well as the Managing Director of Built Environs and plans are underway to further strengthen the leadership teams in South East Asia and New Zealand to drive growth in those regions. The Australian business unit has continued to embed its new regional operating structure, with regional General Managers now in place in all four geographic regions and the recent appointment of Kyle Mortimer to lead the national rail division in Australia. Industry leader James Glastonbury will join the organisation in early FY22 as Executive General Manager - Engineering, Technology, and Innovation. James’ appointment presents an exciting opportunity to further enhance McConnell Dowell’s strong brand and to build on the foundations of creative construction and engineering innovation. Looking ahead The Group enters the 2022 financial year in a very strong position but will remain vigilant to the ongoing impacts of the COVID-19 pandemic across our operating regions. Core market sectors, especially in Australia, show good signs for growth, driven largely by government infrastructure investment. Increased activity also anticipated in the private sector due to low interest rates, strong commodity markets, and climate change driven energy transition. As we complete our 60th year of continuous operations, we can look back upon FY21 with a sense of pride in delivering upon our purpose of “Providing a Better Life”. We have created value for our shareholder, opportunities for employees, and provided a legacy of new, modern infrastructure for our customers and communities. As we complete our 60th year of continuous operations, we can look back upon FY21 with a sense of pride in delivering upon our purpose of 'Providing a Better Life'.
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