Te Ohu Kaimoana Annual Plan 2021-22

Te hā o Tangaroa kia ora ai tāua

TE OHU KAIMOANA Annual Plan For the period 1 October 2021 - 30 September 2022

Contents Karakia

3

Rima Tau Rautaki

4

Our vision and values

5

Pou Arataki

6

Strategic Priorities

7

Key Performance Indicators

10

Budget 21/22 financial year

12

Poua ki runga Poua ki raro Poua ki tāmoremore nui nō papa Poua ki tāmoremore nui nō rangi E rongo he aio Tēnā tawhito pou ka tū E kore e uea E kore e unuhia E kore e hinga E kore e wharara Tēnei te pou ka tū, e hai!

annual plan Te ohu kaimoana

rima tau rautaki

1 October 2021 - 30 September 2022

Lisa te Heuheu - Te Mātārae

This is Te Ohu Kaimoana’s 2021-22 Annual Plan. It is the first annual plan which tracks towards our Rima Tau Rautaki 2021-26. We have included our new strategy and the context in which it was developed to share the thinking behind the shift in our direction and approach.

This strategy represents a new direction and a new approach. More importantly, it reflects what we • heard from iwi on our haerenga around the motu in 2021.

Some of the key kōrero we heard from iwi included:

and accessible on a regular basis  Iwi want the support of Te Ohu Kaimoana to develop a policy and positions based on a Māori world view for oceans, fishing and the marine environment that they could adopt and sign up to 

•

Help build iwi capability to implement their responsibilities as Mandated Iwi Organisations  •

•

Te Ohu Kaimoana needs to be assisting and working more proactively in customary fishing  This approach represents new thinking. We are not Iwi commended the work of Te Ohu Kaimoana just going to do work because we have always done in regards to policy mahi, but wanted Te Ohu it, we will undertake work because we have thought Kaimoana to be more directive and have hard about the programme and we can show that recommendations in our papers, rather those resources will be deployed to add value for than iwi having to apply a lot of resource to iwi. This was the biggest missing ingredient in responses that affecting fishing and the marine driving our work programme forward.

•

Iwi support Te Ohu Kaimoana working closely with the rest of the Kahui.

environment • •

•

• 4

Our Rima Tau Rautaki sets out our new vision, our Iwi want us to do the work but do it differently  values and our pou arataki. It is our first step in a new direction — to show where we want to go, Iwi want us to support them to undertake how we are going to get there and what we need to research, to have more information and data focus on to achieve these goals. that helps them monitor their environment and support innovation. Importantly, they want At the end of the next five years, we want to be research that is Māori centric and supports a able to look back and see that we have changed the space we work in, created a difference and used Māori worldview first and foremost our resources to ensure that iwi are at the heart of Aquaculture is an opportunity that iwi care everything that we do. about and want Te Ohu Kaimoana to support Ngā mihi, them in those aspirations  Iwi want Te Ohu Kaimoana to be more visible

Lisa te Heuehu - Te Mātārae

VISION THRIVING WHĀNAU, DETERMINING THEIR RELATIONSHIP WITH TANGAROA This vision represents a new trajectory in our purpose. It shows us what we would see if we were doing our job well. Ultimately, thriving whānau means that our work helps iwi to support whānau in their communities by assisting them to determine a relationship with Tangaroa that is specific to them, their tikanga and their aspirations.

VALUES These values have been uplifted from the Kahui Strategy. We felt that if we were going to commit to working together as a Kahui that we should also embody those values as Te Ohu Kaimoana.

WHAKAPAPA

Protecting our whakapapa rights and in turn fulfilling our obligations and responsibilities to Tangaroa and our people

RANGATIRATANGA

Encouraging and supporting autonomy, leadership and participation of our people

MANAAKITANGA

Uplifting, supporting and protecting the rights and aspirations of our people

KAITIAKITANGA

Protecting and ensuring the sustainable utilisation of Tangaroa for today and for the generations to come

KOTAHITANGA

Connecting and bringing our people together. Being united and acting in the interests of our people

HIHIRITANGA

Embodying the adaptability, imagination and innovation of our tupuna to guide us in our challenges and new opportunities in the future

1 October 2021 - 30 September 2022

annual plan Te ohu kaimoana

Pou Arataki

We have created four strategic pou that will drive our work programmes and give us a sense of purpose over the next five years. If we were to look back five years from now and see that we have contributed to and lead change then this would be a new frontier for ourselves and iwi.

By the end of 2026 we have made transformational change to the legislative and policy system impacting iwi fishing and our relationship with Tangaroa.

pou tuatahi

This Pou represents a commitment to change. That Te Ohu Kaimoana will further develop Te Hā o Tangaroa as the foundation for our policy advice and create a Māori narrative for our worldview in oceans. We will draw on mātauranga Māori and undertake policy mahi that serves this pou and our ability to share a Māori perspective that is uniquely our own – driven by our own agenda, rather than the Crown’s. We need to see tino rangatiratanga over our own work programme and implementaton before helping the Crown to achieve its objectives.

To ensure 100% of our programmes assist in increasing the capability of iwi to determine management of their fisheries and marine interests.

pou tuarua

Pou Tuarua ensures that we are supporting iwi to build capability in delivering on their accountabilities and responsibilities for fisheries and wider marine interests while ensuring Tangaroa can provide for their people and future generations.

We will do that by both creating resources to share our policy knowledge with iwi and continue to advocate on behalf of iwi. Every programme we work on has a commitment to iwi and supporting their aspirations.

By the end of 2026 we have made transformational change to the legislative and policy system impacting iwi fishing and our relationship with Tangaroa.

pou tuatoru

pou tuawhā 6

Research and innovation is an area that we are required to invest and create action but we have never done that outwardly nor worked on this with great purpose. This Pou will ensure that we are working on and in research. At the outset, this will be with partners until we are clear about what role Te Ohu Kaimoana could have in working for iwi in the research arena.

To ensure 100% of our efforts in protecting the Deed of Settlement have resulted in positive and resilient outcomes for iwi.

The greatest part of our purpose is to protect the Deed of Settlement. This Pou helps us to prioritise what we work on and that we are focused on outcomes that are iwi driven.

Annual Plan Te ohu kaimoana

1 October 2021 - 30 september 2022

Strategic priorities

The following section of the Annual Plan outlines key projects and work programmes we have identified. These will direct our focus for 2021/22 and support our us in working towards our Rima Tau Rautaki.

We have also retained key performance indicators from the previous Annual Plan as we trasition and reorientate our work programmes in the coming year.

The projects and programmes for 2021/2022 include:

1. pou tuatahi 1.1

Development of Te Hā o Tangaroa Framework for oceans and fisheries led by mātauranga Māori Pull together a Mātauranga advisory group to wānanga and develop a framework that places Te Hā o Tangaroa, Tikanga and Mātauranga as central to the work of Te Ohu Kaimoana in Oceans and Fisheries. This will result in: •

A policy framework based on mātauranga and tikanga

•

A vision for Te Hā o Tangaroa and its implementation

•

Iwi mandated policy positions for Oceans and Fisheries

The policy framework will guide all of the policy, strategic and legal work of Te Ohu Kaimoana to ensure it delivers for iwi.

7

1 October 2021 - 30 September 2022

annual plan Te ohu kaimoana

2. pou tuarua 2.1

Develop a meaningful engagement and relationship management programme with MIOs and AHCs

This piece of work will develop an evolved engagement and relationship management programme that ensures that Te Ohu Kaimoana are maintaining and growing relationships with Iwi in multiple ways to meet their needs.

Our relationship with the Crown is important to protect iwi interests, but is not the primary relationship for Te Ohu Kaimoana. Both the Crown and Te Ohu Kaimoana are there to serve iwi in accordance with Te Tiriti.

Review our role in customary fishing and develop how

2.2 to better support iwi aspirations

Customary Fishing is a priority for Iwi and as a result Te Ohu Kaimoana will undertake a piece of work to review the role we currently perform and develop a new programme of work that supports iwi.

It will include iwi’s customary right to develop their resources in their own way and in accordance with their tikanga.

2.3

Develop a shared model of working with Moana New Zealand

In anticipation of the Māori Fisheries Amendment Act and in building a stronger relationship with Moana NZ, Te Ohu Kaimoana will work with Moana NZ to develop a shared model of working this will include: • Understanding where we have overlaps and duplication of effort • Streamlining resources and FTE across industry effort • Building understanding of the Deed of Settlement and implementation between our entities It is important to ensure that all members of the Kāhui are working together under a unified kaupapa or vision.

8

Annual Plan Te ohu kaimoana

1 October 2021 - 30 september 2022

3. pou tuatoru 3.1

Stocktake of iwi and Māori fisheries research Te Ohu Kaimoana will undertake a project (with partners) to stocktake funded research that could have impact for Iwi and Māori Fisheries. With this information we will ensure: • That there is a way to distribute the research outcomes to Iwi and Māori Fishers • Provides Te Ohu Kaimoana with a baseline understanding of what has been done and where we can add impact This will also help to inform the new policy framework for Te Ohu Kaimoana so we understand where the gaps are.

4. pou tuawhā 4.1 30 Years of Deed of Settlement celebration event The Māori Fisheries Conference is a bi-ennial event brought together by Te Ohu Kaimoana. 2022 will mark 30 years of the Deed of Settlement and we are planning a bigger event in the later part of the year to mark this significant time.

9

annual plan Te ohu kaimoana

1 October 2021 - 30 September 2022

Key performance indicators The following sets out our key performance indicators, objectives and measures.

Compliance with the Fisheries Act and implementation of allocation obligations 1

Assist iwi gain/retain MIO status and transfer population-based assets where relevant by the 30th of September 2022.

2

Allocate and transfer remaining settlement assets (settlement quota for ocean fish stocks and tuna)

3

Facilitate agreements using statutory processes under the Act (s181 and 182) where required

4

Make ACE available to iwi who have not received their settlement assets

5 6

Quarterly Reports show positive progress on all areas of Allocation and Compliance obligations

Allocate and transfer funds on trust MIO and Te Ohu Kaimoana compliance with the requirements of the Māori Fisheries Act 2004

Compliance with the Māori Commercial Aquaculture Claims Settlement Act 2004 1

2

Administer and facilitate discussions to reach agreement for the settlement assets in accordance with the Act, including performing duties set out under section 38 of the Act. Maintain an iwi aquaculture settlement register under section 42 of the MCACSA.

Quarterly Reports show positive progress on all areas of Allocation and Compliance obligations

Influence oceans and fisheries outcomes and advance and advocate for Māori rights and interests in oceans and fisheries 1 2 10

Improve managing and reporting the overall catch.

Develop efficient policy tools for fisheries management.

Quality analysis and responses to government policy affecting oceans and fisheries are prepared, and reviewed internally which focus on impact for Iwi.

Annual Plan Te ohu kaimoana

1 October 2021 - 30 september 2022

3

Protect Māori settlement interests through continuous engagement in fish stock kōrero on sustainability and utilisation.

4

Develop efficient mechanisms to manage effects of fishing on protected species while ensuring Māori fishing interests are protected.

5

Ensure sustainability in fisheries while protecting Māori fishing interests.

6

Ensure efficient, balanced and current management of customary fishing rights.

7

Protect the interests of Iwi in aquaculture by collaborating with iwi, the aquaculture industry and government to identify and address any threats to aquaculture, to be supported and funded by the Crown where possible.

8

Open Ocean aquaculture:

9

•

Contribute to the design of a sensible policy framework to guide open ocean aquaculture developments.

•

Work with MPI and iwi to develop a sensible settlement framework to account for open ocean aquaculture developments.

Te Ohu Kaimoana have influential and strategic relationships with Iwi, Stakeholders, Industry and the Crown.

Quality analysis and responses to government policy affecting oceans and fisheries are prepared, and reviewed internally which focus on impact for Iwi. Material is shared with Iwi and hapū and made available on appropriate platforms and communication channels.

Te Ohu Kaimoana is proactively engaged in government policy processes/forum on aquaculture.

Success is measured by internal reviews which focus on impact for Iwi. Material is shared with Iwi and hapū and made available on appropriate platforms and communication channels.

Demonstrate impactful outcomes as a result of key strategic relationships.

Demonstrate robust, meaningful engagement and relationship processes and outcomes with MIO’s and AHC’s.

ensure that iwi understand what we do and how we add value 1

Promote the work and stories of the Trust and Māori in fisheries, customary non-commercial and customary commercial

2

Increase brand awareness, grow our audience, and increase engagement with the trust

Development of Te Ohu Kaimoana stories through online platforms and the Te Korowai Magazine.

Increase in following on social media outlets and in the number of engagements for the Trust.

ensure the Trust operates within approved financial operating parameters 1 2

Te Ohu Kaimoana manage the Invested Funds within SIPO parameters Te Ohu Kaimoana meet all financial statutory requirements.

Production of Monthly, Quarterly Financial End of Year Reports and Audited Accounts.

Monthly and Quarterly Financial Reports report on management of funds within SIPO parameters.

11

1 October 2021 - 30 September 2022

annual plan Te ohu kaimoana

budget 2021/22 financial year income Income

Budget 2022

Budget 2021

Variance

3,784,368

3,573,977

210,391

Portfolio income 0.5% + CPI (2.52%)

2,855,687

771,201

2,084,486

ACE Income

464,653

464,653

-

Subsidiary cost recoveries

900,861

820,756

80,105

Other income

187,200

25,000

162,200

8,192,769

5,655,587

2,537,182

Budget 2022

Budget 2021

Variance

Travel and accommodation

255,822

214,218

(41,604)

Legal fees

464,400

475,000

10,600

Consultants – other

674,404

688,104

13,700

Director’s fees

408,192

392,500

(15,692)

Te Kawai Taumata fees

19,400

19,400

-

Sponsorships/Koha

14,164

11,500

(2,664)

Quota related fees & levies

300,604

300,696

92

National and regional hui

279,244

116,000

(163,244)

External reporting and communication

166,949

184,786

17,837

Administration

90,576

88,019

(2,557)

Strategic Work

450,000

-

(450,000)

HR costs

2,982,983

2,742,866

(240,117)

Facilities

539,530

500,880

(38,650)

6,646,268

5,733,969

(912,299)

Portfolio income (4%)

TOTAL INCOME

expenses Expenses

TOTAL EXPENSES

12

1 October 2021 - 30 september 2022

Annual Plan Te ohu kaimoana Takutai recovery of overheads

464,738

270,843

193,895

OPERATING SURPLUS/(DEFICIT)

2,011,239

192,461

1,818,778

Transfer to Capital Maintenance Reserve

2,855,687

771,201

(2,084,486)

SURPLUS/(DEFICIT)

(844,448)

(578,740)

(265,708)

2022 budget balance sheet Assets

Budget 2022 $

Budget 2021 $ Explanation

Current assets Cash and cash equivalents

3,414,086

4,769,577

Investments in associates

106,579,769

106,579,456

179,629

50,000

110,173,484

111,399,033

Receivables & prepayments Total current assets

Non-current assets Property, plant & equipment Investment portfolio Quota

478,341 104,263,352 15,642,228

600,647 Includes $100k capital expenditure for 2022 91,466,988 17,493,432 See note

Total non-current assets

120,383,921

109,561,067

TOTAL ASSETS

230,557,404

220,960,100

Payables and accruals

843,594

100,000

Total current liabilities

843,594

100,000

229,713,810

220,860,100

Trust Capital Retained Earnings

90,094,665

81,390,591

Capital Maintenance Reserve

11,653,366

8,797,680

Liabilities Current Liabilities

NET ASSETS Equity

13

1 October 2021 - 30 September 2022

annual plan Te ohu kaimoana Budget 2022 $

Budget 2021 $ Explanation

AFL income shares and redeemable preference shares

101,712,631

101,712,631

Total trust capital and retained earnings

203,460,662

191,900,902

15,458,256

17,309,460

AFL shares held in trust for iwi

4,866,832

4,866,819

AFL dividend held in Trust for Iwi

1,356,135

Maori Fisheries Act 2004 classified reserves - yet to be allocated Quota to be allocated

Māori Authority Tax Credits - non allocated iwi shares

570,172

Global Fisheries Scholarship Trust

1,360,990

950,857 Ngati Tama dividend 561,444 Ngati Tama MATCs

1,164,525

Shortfall cash

225,843

344,560 See note

Cash to iwi

554,510

550,308

1,860,410

3,211,225

26,253,148

28,959,198

229,713,810

220,860,100

Funds held in trust Total Maori Fisheries Act Classified Reserves Equity

Note: a) Ngati Tama and Maniapoto - Titoki to Mokau, b) Raukawa/Rangitane/Muaupoko - Manawatu to Rangitikei/Kukutuaki to Manawatu, c) Ngati Tama population assets

2022 budget cashflow Te Ohu Kai Moana Trust cashflow as at 30 September each year

Budget 2022 $

Budget 2021 $

Receipts from sale of ACE

464,653

464,653

Receipts from ACE round disputes

333,408

500,000

Other

1,087,477

945,000

Total cash provided from

1,885,538

1,909,653

6,418,724

5,629,868

Cashflow from operating activities cash provided from:

Cash applied to: Payments to suppliers and employee 14

Annual Plan Te ohu kaimoana

1 October 2021 - 30 september 2022

Budget 2022 $

Budget 2021 $

(4,533,187)

(3,720,215)

3,784,368

3,573,974

100,000

150,000

3,684,368

3,423,974

2,175,570

747,830

Net cashflow from financing activities

(2,175,570)

(747,830)

Net increase/(decrease) in cash and cash equivalents

(3,024,389)

1,044,071)

Opening cash

6,438,475

5,813,648

Cash and cash equivalents held at year end

3,414,086

4,769,577

Net cash (outflow) from operating activities

Cash flows from investing activities Cash provided from: Cash drawdown from joint investment portfolio

Cash applied to: Purchase of fixed assets

Net cashflow from investing activities Cashflows from financing and trust capital activities Cash applied to: Distributions to iwi

15

Level 4, The Woolstore 158 The Terrace

Telephone: (04) 931 9500 E-mail: ika@teohu.maori.nz

Wellington, 6011

Website:

teohu.maori.nz