dodgy

Really?

Maybe this guy can advise Helen Kelly on how not to run a dodgy union movement in New Zealand.

PAUL HOWES:
If people want to increase the penalties to the same level as the corporations act, I’ve said this many times, I don’t care. Of course, I don’t care about the penalties. What I care about is ensuring that organisations, as I do here in the AWU, act in a diligent manner. I actually believe there’s a higher responsibility for us as guardians of workers’ money to protect that money and to act diligently and honestly…

Meatworkers Union – Failure to Disclose

For Meat Workers Union Members only: presented by the Owl

Dear Meat Workers Union Members:

A number of people have been working very hard on your behalf to ensure you receive the best information available from your unions. We have received major criticism for our persistence in these matters but we are now able to provide you with your correct financial information.

We are not looking for a thank you or anything – we just want you to have the best. For the Owl I believe in process and a great advocate for members. Just like you pay money into kiwi saver there is governing laws around protecting your investment. Unions are incorporated societies and your investment needs to be protected as well. Failure to disclose is a serious matter.

The Owl has tabled a comparison of what was originally filed by your Union in 2011 and what the actual true figures were.

Please note that your Union auditors have stated that in their report “Also we have not been able to obtain sufficient audit evidence regarding revenues and expenses relating to Hawera Sub-Branch and 2010 comparatives of Otago Southland Branch”. These are not our words but your auditors.

The Owl does not dig around in rubbish bins for scandals and only uses information freely available in the public domain. I suggest members write to their Union and seek clarification on any matters.

What is worse – A privacy breach or a failure to disclose?


2011 2011 2011
Expenses  Orginally Filed  The “Real” position  Understated by:
ACC Levy  999  4,177  3,178
Affiliations and Capitation  93,236  93,236  -
Donations & Presentations  24,416  45,796  21,380
Fringe Benefit Tax  4,461  39,008  34,547
Health & Safety  55,743  79,326  23,583
Legal  56,161  350,632  294,471
Meetings and Conferences  160,553  456,598  296,045
Honorariums & Commissions  4,000  87,276  83,276
Salaries & Allowances  170,031  1,203,188  1,033,157
Superannuation  8,405  46,588  38,183
Travelling Car & Air  34,593  233,698  199,105
Accountancy  -  41,234  41,234
Audit  4,903  30,975  26,072
Depreciation  6,173  119,347  113,174
Loss on Fixed Assets  7,867  4,684 (3,183)
Office Expenses  68,704  346,562  277,858
Total expenses  686,205  3,182,325  2,482,080
Revenue
Membership Subscription  682,178  2,768,676  2,086,498
Interest Received  29,928  166,392  136,464
Rental Income  -  39,580  39,580
Sundry Income  -  110,990  110,990
 712,106  3,085,638  2,373,532
Taxation  8,230  49,705  41,475
Net Surplus (Loss) 17,671 (146,392) (128,721)

The 2012 NZCTU Affiliated Union Financials Awards

The 2012 NZCTU Affiliated Union Financials Awards – powered by the Owl

Firstly the Owl would like to thank Andrew Little, Helen Kelly and Gary Parsloe for getting me interested in union matters. As a ratepayer, taxpayer, business owner and an exporter the Ports strike was of some importance to me. Before the strike I never really cared.

I always agreed with the Unions that there may be a case to listen to and so I asked myself this simple question: if you want me to support you let me find out a little bit more about the union?

It was at this point I realised by looking through a number of websites and information freely available to the public that the unions under the umbrella of the NZCTU do not follow the laws of the land or allow their businesses to be scrutinized in the public domain as required by law.

I have promised for some time for the members of all NZCTU affiliated Unions that I would produce an award and ranking system. It has taken some time and while every effort has been made regarding the accuracy the Owl apologises for any incorrect information tabled in these awards and happy to correct.

The Owl driver for the Awards is to improve the transparency for members of Unions – as one person once wrote about my work “ owl you are the advocate for Union members”

Best Union Financial Performance, (based on filing returns on time, financial stewardship and overall presentation of accounts for members)

Association of Salaried Medical Specialists (ASMS)

Commended

TUIA Union

Rail and Maritime Union

Worst Union Financial Performance, (based on filing returns on time, financial stewardship and overall presentation of accounts for members)

Cape Foulwind Drivers, Operators and General Workers Union

Biggest Losses Award (based on last two combined financial returns filed)

Engineering, Printing and Manufacturing Union (EPMU)  $1,103M Loss

Nominated

Maritime Union of New Zealand (MUNZ) $586,275.00 Loss

NZ Nurses Organisation (NZNO) $1,285,336.00 Loss

Best Disclosure Award

NZ Nurses Organisation (NZNO) $1,285,336.00 Loss (Over $1M paid to College Section Note 19)

Owl’s Comment: You have to really admire the NZNO Board they highlighted in Note 2 of the Accounts how many staff receive what salaries.

In 2010 19 staff were on salaries exceeding $100,000 – in 2009 it was 7

Missing in Action (The following NZCTU Affiliated Unions have either failed to file their returns or have filed their returns other than on the Incorporated Societies Register for the last three years.)

Media Entertainment and Arts Alliance (NZ Actors Equity)

NZ Professional Firefighters Union (NZPFU)

Amalgamated Workers Union Northern (AWUNZ)

Tertiary Institutes Allied Staff Association (TIASA)

Update on how many NZCTU Affiliated Union Financial Returns are outstanding on the Incorporated Societies Website

2009 – 6 Returns

2010 – 16 Returns

2012 – 23 Returns (Some Unions are still in their Financial Year and have not been included)

Reg No.

Union

Balance Date

Return Last Filed

2012 Profit (Loss)

2011 Profit (Loss)

2010 Profit (Loss)

Notes to Accounts

References

1173856

Alloy Yachts Employees Federation

31-Mar

2011

(4,390)

4,923

Yes

 

508934

Amalgamated Workers Union Central (AWUNZ)

31-Mar

2010

 

60,931

Yes

 

605214

Amalgamated Workers Union Northern (AWUNZ)

31-Mar

2007

 

 

Yes

 

509077

Association of Salaried Medical Specialists (ASMS)

31-Mar

2010

482,730

478,761

Yes

 

509008

Aviation and Marine Engineers Association (AMEA)

30-Jun

2011

37,719

76,644

Yes

 

508906

Bakers and Pastrycooks Union

31-Mar

2012

4,377

(798)

13,046

Yes

 

582250

Cape Foulwind Drivers, Operators and General  Union

 

2010

No

 

531945

Corrections Association of New Zealand (CANZ)

30-Jun

2011

 

 

No

 

530207

Customs Officers Association of New Zealand (COA)

30-Jun

2011

22,336

22,772

Yes

 

508924

Engineering, Printing and Manufacturing Union (EPMU)

31-Dec

2011

(540,231)

(563,667)

No

Note 1

508942

FIRST Union (Merger of Finsec and NDU)

30-Jun

2011

149,698

55,660

Yes

 

509015

Flight Attendants and Related Services Association

31-Mar

2010

 

(144,592)

No

 

508911

Furniture, Manufacturing & Associated Workers Union

31-Mar

2010

 

(138)

Yes

 

218744

Independent Schools Education Association

31-Jan

2011

15,675

7,917

Part

 

509002

Maritime Union of New Zealand (MUNZ)

31-Mar

2011

(226,688)

(359,587)

Yes

 

 

NZ Actors Equity

 

 

 

 

Note 2

1235928

Midwifery Representation and Advisory Services

31-Mar

2011

38,150

22,276

Yes

 

508933

NZ Building Trades Union (NZBTU)

31-Mar

2010

 

(50,340)

Yes

 

562968

NZ Dairy Workers Union (DWU)

31-Mar

2012

191,517

170,019

19,755

Yes

 

509066

New Zealand Educational Institute, Te Riu Roa (NZEI)

31-Dec

2010

ND

 

(128,602)

Yes

Note 3

508904

NZ Meat Workers and Related Trades Union

30-Sep

2011

ND

17,672

49,654

Yes

 

509004

NZ Merchant Service Guild Industrial Union

31-Mar

2012

65,135

79,687

(20,594)

Yes

 

509078

NZ Nurses Organisation (NZNO)

31-Mar

2011

(512,173)

(773,163)

Yes

 

509071

NZ Post Primary Teachers Association

31-Mar

2010

 

363,434

Yes

 

 

NZ Professional Firefighters Union (NZPFU)

 

 

 

 

Note 4

1351196

NZ Professional Footballers Association (NZPFA)

30-Jun

2012

(68,714)

21,696

Yes

 

508998

NZ Tramways and Public Transport Employees Union

31-Aug

2011

(33,276)

(7,874)

No

 

217777

NZ Writers Guild (NZWG)

31-Dec

2010

 

(18,422)

Yes

 

804452

Postal Workers Union of Aotearoa

31-Oct

2010

 

(11,137)

No

 

215410

Public Service Association (PSA)

31-Mar

2011

(260,340)

1,116,310

Yes

Note 5

643960

Rail & Maritime Union (RMTU)

30-Jun

2011

269,991

146,447

Yes

 

535869

Service & Food Workers Union – Nga Ringa Tota (SFWU)

31-Mar

2012

(80,247)

(206,445)

(27,381)

Yes

 

509041

Southern Local Government Officers Union (SLGOU)

30-Jun

2011

120,643

75,358

Yes

 

509064

Tertiary Education Union

31-Dec

2010

 

232,266

Yes

Note 6

217145

Tertiary Institutes Allied Staff Association (TIASA)

31-Mar

2009

 

 

Note 7

1101157

TUIA Union

31-Mar

2012

33,947

23,103

5,394

Yes

 

597570

UNITE

31-Mar

2010

 

(64,714)

Yes

 

Notes

  1. Loss before revaluations
  2. Could not find on MED website
  3. Consolidated accounts before revaluations
  4. Could not find on MED website
  5. 2011 Tax bill of $1.2M due to depreciation changes
  6. 2009 Accounts had a ($419k) Loss
  7. No Accounts filed since 2009

 

An important point from Rodney

NZ Herald

I have publicly battered my share of Government Ministers. I have been battered a few times myself. The stories were big news at the time. They made not a jot of difference to the state of the country.

Most of the public don’t care about politics enough to notice. They just think politicians are dodgy and everything else is background noise when politicians try to explain they aren’t dodgy.

Tagged:

What Rules do Incorporated Societies need to follow, Ctd

The Owl has been looking closely at union acccounts, here is another installment.

The Owl makes an observation – Why we need to tidy up our gaps in filing statutory returns.

Following on from my previous post I will continue the reason why filing audited accounts with notes is important.

The Owl has highlighted on a number of occasions that the EPMU has filed excel spreadsheets for 2006 but nothing for 2005.

Putting all that aside let’s look at what the average member of the Union who wanted to see “how is my union was going?”

This is what he would read on their balance sheet: (All information is taken off the MED website as filed by EPMU)

Year

EPMU Net Assets at Balance Date

Movement

What was filed with MED

2003

14,305,600

Audited Accounts with Notes

2004

14,124,406

(181,194)

Down Audited Accounts with Notes

2005

19,263,712

5,139,306

Up Excel Spreadsheet (reference from 2006)

2006

18,045,365

(1,218,347)

Down Excel Spreadsheet

2007

10,535,410

(7,509,955)

Down Audited Accounts without Notes

2008

11,101,572

566,162

Up Audited Accounts without Notes

2009

12,960,870

1,859,298

Up Audited Accounts without Notes

2010

12,716,876

(243,994)

Down Audited Accounts without Notes

Imagine if Air NZ, Telecom or any of the Power companies filed accounts like this.

All members could get reasonable answers if the process was followed.

  1. 2005 audited accounts were filed
  2. 2006 audited accounts were filed
  3. 2005 to 2010 audited accounts were filed with accompanying notes

EPMU members can obtain the EPMU accounts by the following methods:

  1. Attend the AGM
  2. Ask for a copy
  3. Search the MED website

The Owl has one final observation on this matter – how is it that a major Union with millions of dollars in turnover cannot publish their accounts on their website when they can run major articles of national importance? Numerous listed companies have investor sections to access important financial information.

There is nothing secret about their accounts because they have to file them in the public domain on the MED website.

EPMU has a legal requirement to file their statutory accounts – it is not hard especially in 2006 when they filed a statutory declaration on the MED website stating they had audited accounts.

The Owl draws no other conclusions other than to demonstrate gaps in the process. All information is sourced from the public domain.

Tagged: