POT – Interim Report Provided

Interim
Report
2016
to
grow

1
Interim Report
For the six months ended 31 December 2016 : Port of Tauranga Limited and Subsidiaries
We are pleased to report a successful start to the
2016-2017 financial year for Port of Tauranga and its
subsidiaries.
The Group achieved an 8.5% increase in Net Profit
After Tax as trade volumes grew 8% during the first
half of the year.
FINANCIAL RESULTS
Group Net Profit After Tax was $41.9 million for the
six months to 31 December 2016, up from $38.6
million for the same period the previous year.
Operating Profit Before Tax was $46.9 million,
compared with $42.5 million the previous year.
The Board has declared an interim dividend of
5 cents per share - an 8.7% increase on last year’s
interim dividend (share split adjusted).
CARGO TRENDS
Export volumes increased 9% to 7.1 million
tonnes and import volumes increased 7% to
3.9 million tonnes. Overall, trade increased 8%
to 11 million tonnes.
The number of containers handled increased 8% to
510,074 TEUs (twenty foot equivalent units) and we
are on track to surpass the milestone of one million
TEUs annually by the end of the financial year,
which will be a New Zealand port record making us
New Zealand’s largest container port.
Log exports rebounded, increasing 21% in volume
to nearly three million tonnes.
Kiwifruit exports increased 16% to just over 477,000
tonnes - a trend forecast to continue for the next
few years.
Dairy product exports increased 4% overall.
OPERATIONAL DEVELOPMENTS
Port of Tauranga has continued to improve
productivity as it has grown capacity to
accommodate increasingly larger vessels. Ministry
of Transport productivity figures show we are now
ahead of our competitors in container handling rates
and volumes.
We have spent $350 million over the past five years
to ready our facilities and the harbour for bigger
ships. Following the successful completion of our
harbour dredging programme in September 2016,
we welcomed the arrival of the 9,500 TEU Aotea
Maersk, the largest container ship to visit
New Zealand. More recently, Hamburg Sud
announced they will also introduce a large ship,
peak season weekly service. Both the Maersk and
Hamburg Sud large ship services call Tauranga as
their only New Zealand port call.
Other shipping lines are expected to follow suit and
introduce large vessels to regular and peak season
services. Bigger, more cost-efficient container
ships have the potential to deliver annual savings
in excess of $300 million to New Zealand importers
and exporters.
We have also hosted the largest cruise ship to ever
visit New Zealand, the 4,700 passenger, 1,600 crew
Ovation of the Seas, which made its maiden visit
to Tauranga on Boxing Day and has made a further
two calls to Tauranga since then.
The Port has expanded landside capacity at the
Tauranga Container Terminal, commissioned two
new ship-to-shore cranes, and added a further
thirteen new straddle carriers.
Reconfiguration of the storage space at the terminal
will add additional container capacity. A new
purpose-built distribution hub is being constructed
for Oji Fibre Solutions (formerly Carter Holt Harvey
Lodestar), which will allow their existing facility to
be demolished to make way for further container
handling space.
The number of containers transferred by rail
between Tauranga and Auckland increased 20%
compared to the first six months of the previous
financial year.
SUBSIDIARY/ASSOCIATE COMPANIES
Subsidiary and Associate profits were up slightly on
last year to $8.04 million. In particular, Northport and
Coda had strong performances.
OUTLOOK
Port of Tauranga has cemented its position as
New Zealand’s hub port, offering importers and
exporters efficient, cost-effective and timely access
to their markets.
In view of the strong first half result, we expect
full year earnings to be at the upper end of the
guidance range of $79 to $83 million provided at the
Annual Shareholders’ Meeting.
Mark Cairns
CHIEF EXECUTIVE
David Pilkington
CHAIRMAN

2
These statements are to be read in conjunction with the notes on pages 7 to 13.
(Unaudited)
Six Months
Ended
31 December
2016
Group
NZ$000
(Unaudited)
Six Months
Ended
31 December
2015
Group
NZ$000
(Audited)
Year
Ended
30 June
2016
Group
NZ$000
Revenue
125,328
121,927245,026
Other income
0
999495
Operating income125,328
122,926245,521
Contracted services for port operations
(26,544)
(25,596)(52,700)
Employee benefit expenses
(16,069)
(16,318)(32,101)
Direct fuel and power expenses
(3,306)
(3,586)(6,995)
Maintenance of property, plant and equipment
(4,423)
(5,643)(10,021)
Other expenses
(6,759)
(7,310)(13,961)
Operating expenses(57,101)
(58,453)(115,778)
Results from operating activities68,227
64,473129,743
Depreciation and amortisation
(12,140)
(11,791)(23,722)
Impairment of property, plant and equipment
0
0(30)
(12,140)
(11,791)(23,752)
Operating profit before finance costs and taxation56,087
52,682105,991
Finance income
229
374666
Finance expenses (refer note 6)
(8,362)
(8,916)(17,006)
Net finance costs(8,133)
(8,542)(16,340)
Share of profit from Equity Accounted Investees
7,894
7,04313,437
Profit before income tax55,848
51,183103,088
Income tax expense
(13,990)
(12,619)(25,774)
Profit for the period 41,858
38,56477,314
Attributable to:
Owners of the Parent Company
41,858
38,56477,314
Profit for the period41,858
38,56477,314
Basic and diluted earnings per share attributable to
ordinary equity holders of the Parent Company (cents)
6.2*
5.7*11.4*
*On 17 October 2016, the Parent Company completed a 5:1 share split.
Consolidated Income Statements
For the six months ended 31 December 2016 : Port of Tauranga Limited and Subsidiaries

3
These statements are to be read in conjunction with the notes on pages 7 to 13.
(Unaudited)
Six Months
Ended
31 December
2016
Group
NZ$000
(Unaudited)
Six Months
Ended
31 December
2015
Group
NZ$000
(Audited)
Year
Ended
30 June
2016
Group
NZ$000
Profit for the period
41,858
38,56477,314
Other comprehensive income
Items that are or may be reclassified to profit or loss:
Cash flow hedge – changes in fair value
4,761
399(9,198)
Cash flow hedge – reclassified to profit or loss
1,142
(962)2,126
Changes in cash flow hedges transferred to
property, plant and equipment, net of tax
708
(357)(452)
Share of net change in cash flow hedge reserves
of Equity Accounted Investees
243
(77)(395)
6,854
(997)(7,919)
Items that will never be reclassified to profit
or loss:
Impairment of property, plant and equipment
taken to revaluation reserve, net of tax
0
0(459)
Share of net change in revaluation reserves of
Equity Accounted Investees
621
0(57)
621
0(516)
Total other comprehensive income
7,475
(997)(8,435)
Total comprehensive income
49,333
37,56768,879
Attributable to:
Owners of the Parent Company
49,333
37,56768,879
Total comprehensive income
49,333
37,56768,879
Consolidated Statements of Comprehensive Income
For the six months ended 31 December 2016 : Port of Tauranga Limited and Subsidiaries

4
These statements are to be read in conjunction with the notes on pages 7 to 13.
Share
Capital
Group
NZ$000
Share
Based
Payment
Reserve
Group
NZ$000
Hedging
Reserve
Group
NZ$000
Revaluation
Reserve
Group
NZ$000
Retained
Earnings
Group
NZ$000
Total
Group
NZ$000
Balance at 30 June 2015
68,2671,041(6,454)666,156158,540887,550
Profit for the period
000038,56438,564
Total other comprehensive income
00(997)00(997)
Total comprehensive income
00(997)038,56437,567
Increase in share capital
3100000310
Dividends paid during the period
(refer note 7)
0000(40,835)(40,835)
Equity settled share based payment
0647000647
Total transactions with owners in
their capacity as owners
31064700(40,835)(39,878)
Balance at 31 December 2015
68,5771,688(7,451)666,156156,269885,239
Profit for the period
000038,75038,750
Total other comprehensive income
00(6,922)(516)0(7,438)
Total comprehensive income
00(6,922)(516)38,75031,312
Increase in share capital
(315)0000(315)
Dividends paid during the period
0000(31,307)(31,307)
Equity settled share based payment
0755000755
Total transactions with owners in
their capacity as owners
(315)75500(31,307)(30,867)
Balance at 30 June 2016
68,2622,443(14,373)665,640163,712885,684
Profit for the period
000041,85841,858
Total other comprehensive income
006,85462107,475
Total comprehensive income
006,85462141,85849,333
Increase in share capital
12000012
Dividends paid during the period
(refer note 7)
0000(74,864)(74,864)
Equity settled share based payment
0937000937
Total transactions with owners in
their capacity as owners
1293700(74,864)(73,915)
Balance at 31 December 2016
68,2743,380(7,519)666,261130,706861,102
Consolidated Statements of Changes in Equity
For the six months ended 31 December 2016 : Port of Tauranga Limited and Subsidiaries

These statements are to be read in conjunction with the notes on pages 7 to 13.
5
(Unaudited)
31 December
2016
Group
NZ$000
(Unaudited)
31 December
2015
Group
NZ$000
(Audited)
30 June
2016
Group
NZ$000
Assets
Property, plant and equipment (refer note 8)
1,158,380
1,100,5011,127,386
Intangible assets
18,164
21,66318,426
Investments in Equity Accounted Investees
125,542
120,869123,290
Receivables
46
046
Total non current assets1,302,132
1,243,0331,269,148
Cash and cash equivalents
8,699
6,01011,580
Receivables and prepayments
45,564
43,55841,546
Inventories
58
36393
Derivative financial instruments (refer note 12)
0
1700
Total current assets54,321
50,10153,219
Total assets1,356,453
1,293,1341,322,367
Equity
Share capital
68,274
68,57768,262
Share based payment reserve
3,380
1,6882,443
Hedging reserve
(7,519)
(7,451)(14,373)
Revaluation reserve
666,261
666,156665,640
Retained earnings
130,706
156,269163,712
Total equity attributable to owners of the Parent Company861,102
885,239885,684
Total equity861,102
885,239885,684
Liabilities
Loans and borrowings (refer to note 9)
145,276
125,130130,200
Derivative financial instruments (refer note 12)
8,955
8,90117,063
Provisions
1,718
1,5961,627
Deferred tax liabilities
57,268
58,73655,408
Total non current liabilities213,217
194,363204,298
Loans and borrowings (refer to note 9)
245,000
187,000190,000
Deferred consideration
0
5000
Derivative financial instruments (refer note 12)
381
5421,438
Trade and other payables
31,767
20,04930,107
Provisions
1,250
1,5242,293
Provision for tax
3,736
3,9178,547
Total current liabilities282,134
213,532232,385
Total liabilities
495,351
407,895436,683
Total equity and liabilities1,356,453
1,293,1341,322,367
Net tangible assets per share (dollars per share)1.24*
1.27*1.27*
*On 17 October 2016, the Parent Company completed a 5:1 share split.
Consolidated Statements of Financial Position
As at 31 December 2016 : Port of Tauranga Limited and Subsidiaries

These statements are to be read in conjunction with the notes on pages 7 to 13.
6
(Unaudited)
Six Months
Ended
31 December
2016
Group
NZ$000
(Unaudited)
Six Months
Ended
31 December
2015
Group
NZ$000
(Audited)
Year
Ended
30 June
2016
Group
NZ$000
Cash flows from operating activities
Cash inflows
124,506
122,440249,008
Cash outflows
(81,410)
(90,598)(160,939)
Net cash inflow from operating activities43,096
31,84288,069
Cash flows from investing activities
Cash inflows
6,658
7,54723,433
Cash outflows
(47,700)
(17,560)(60,730)
Net cash used in investing activities(41,042)
(10,013)(37,297)
Cash flows from financing activities
Cash inflows
70,112
7,09815,379
Cash outflows
(75,047)
(40,835)(72,489)
Net cash used in financing activities(4,935)
(33,737)(57,110)
Net (decrease)/increase in cash and cash equivalents
(2,881)
(11,908)(6,338)
Add opening cash brought forward
11,580
17,91817,918
Ending cash carried forward8,699
6,01011,580
RECONCILIATION OF PROFIT FOR THE PERIOD
TO CASH FLOWS FROM OPERATING ACTIVITIES
Profit for the period41,858
38,56477,314
Adjustments for non cash and non operating items
Depreciation and amortisation expense
12,140
11,79123,722
Decrease in deferred taxation expense
(711)
(1,264)(1,845)
Share of surpluses retained by Equity Accounted
Investees
(7,894)
(7,043)(13,437)
Other
1,262
5121,115
4,797
3,9969,555
Add/(less) movements in working capital
(3,559)
(10,718)1,200
Net cash flows from operating activities43,096
31,84288,069
Consolidated Statements of Cash Flows
For the six months ended 31 December 2016 : Port of Tauranga Limited and Subsidiaries

7
1 REPORTING ENTITY
Port of Tauranga Limited (the “Parent Company”) is a company incorporated and domiciled in
New Zealand, registered under the Companies Act 1993 and listed on the New Zealand Stock
Exchange (“NZX”). It is an FMC reporting entity for the purposes of the Financial Markets Conduct
Act 2013. The Parent Company, which is designated as profit-oriented for financial reporting
purposes, is an issuer in terms of the Financial Reporting Act 2013.
The unaudited interim financial statements (the “financial statements”) for Port of Tauranga
Limited comprise the Port of Tauranga Limited, its subsidiaries, and the Group’s interest in Equity
Accounted Investees (together referred to as the “Group”).
2 BASIS OF PREPARATION
These financial statements have been prepared in accordance with New Zealand Generally
Accepted Accounting Practice (“NZ GAAP”) and New Zealand International Accounting Standard
(“NZ IAS”) 34 Interim Financial Reporting. They do not include all information required for full annual
financial statements and should be read in conjunction with the annual financial statements and
related notes included in Port of Tauranga Limited’s Annual Report for the year ended
30 June 2016.
3 SIGNIFICANT ACCOUNTING POLICIES
The accounting policies adopted are consistent with those followed in the preparation of the
Group’s annual financial statements for the year ended 30 June 2016.
The following new standard is not yet effective in preparing these financial statements.
New Zealand International Financial Reporting Standards (“NZ IFRS”) 9 Financial Instruments
This standard was issued on 24 July 2014 and affects the classification and measurement of
financial assets and also widens the scope on impairment judgements. The standard will be
effective for annual periods beginning on or after 1 January 2018, and will be applied retrospectively
with some exemptions. Early adoption is permitted.
This standard becomes mandatory for the Group’s 2019 consolidated financial statements and
could change the classification and measurement of financial assets. Management is currently in
the process of evaluating the potential effect of the adoption of NZ IFRS 9.
4 ACCOUNTING ESTIMATES AND JUDGEMENTS
The preparation of the financial statements in conformity with NZ IAS 34 requires management to
make judgements, estimates and assumptions that affect the application of accounting policies
and the reported amounts of assets, liabilities, income and expenses. Actual results may differ from
these estimates.
In preparing these financial statements, the significant judgements made by management in
applying the Group’s accounting policies and the key sources of estimation and uncertainty, were
the same as those applied to the Group’s consolidated financial statements for the year ended
30 June 2016.
Notes to the Consolidated Interim Financial Statements
For the six months ended 31 December 2016 : Port of Tauranga Limited and Subsidiaries

8
5 SEGMENT INFORMATION
The Group determines and presents operating segments based on the information that is internally
provided to the Chief Executive, who is the Group’s Chief Operating Decision Maker (“CODM”), as
defined by NZ IFRS 8 Operating Segments.
The Group operates in three main reportable segments, being:
• Port Operations – consists of providing and managing port services, and cargo handling
facilities through the Port of Tauranga Limited and the Timaru Container Terminal Limited.
Port terminals and bulk operations have been aggregated together within the Port
Operations segment, due to the similarities in economic characteristics, customers, nature
of products and processes, and risks.
• Property Services – consists of managing and maintaining the Port of Tauranga Limited’s
property assets.
• Marshalling Services – consists of the contracted terminal operations and marshalling
activities of Quality Marshalling (Mount Maunganui) Limited.
The three main business segments are managed separately as they provide different services to
customers and have their own operational and marketing requirements.
The remaining activities of the Group are not allocated to individual business segments.
The Group operates in one geographical area, that being New Zealand.
Due to the significant shared cost base of the Port activities, operating costs, measures of
profitability, assets and liabilities are aggregated and are not reported to the CODM at a segment
level, but rather at a port level, as all business decisions are made at a “whole port level”.
Six Months Ended
31 December 2016
Port
Operations
Group
NZ$000
Property
Services
Group
NZ$000
Marshalling
Services
Group
NZ$000
Unallocated
(1)
Group
NZ$000
Group
NZ$000
Total segment
revenue (external)
110,60212,3902,3360125,328
Other income and
expenditure:
Share of profit from
Equity Accounted
Investees
0007,8947,894
Interest income001228229
Other income00000
Interest expense000(8,362)(8,362)
Depreciation and
amortisation expense
00(378)(11,762)(12,140)
Other unallocated
expenditure
00(931)(56,170)(57,101)
Income tax expense00(289)(13,701)(13,990)
Total other income
and expenditure
00(1,597)(81,873)(83,470)
Total segment result110,60212,390739(81,873)41,858
(1)
Operating costs are not allocated to individual business segments within the Parent Company.
Notes to the Consolidated Interim Financial Statements
For the six months ended 31 December 2016 : Port of Tauranga Limited and Subsidiaries

9
5 SEGMENT INFORMATION (CONTINUED)
Six Months Ended
31 December 2015
Port
Operations
Group
NZ$000
Property
Services
Group
NZ$000
Marshalling
Services
Group
NZ$000
Unallocated
(1)
Group
NZ$000
Group
NZ$000
Total segment
revenue (external)
102,77912,3706,7780121,927
Other income and
expenditure:
Share of profit from
Equity Accounted
Investees
0007,0437,043
Interest income000374374
Other income00203796999
Interest expense000(8,916)(8,916)
Depreciation and
amortisation expense
00(1,084)(10,707)(11,791)
Other unallocated
expenditure
00(4,952)(53,501)(58,453)
Income tax expense
00(265)(12,354)(12,619)
Total other income
and expenditure
00(6,098)(77,265)(83,363)
Total segment result
102,77912,370680(77,265)38,564
(1)
Operating costs are not allocated to individual business segments within the Parent Company.
Notes to the Consolidated Interim Financial Statements
For the six months ended 31 December 2016 : Port of Tauranga Limited and Subsidiaries

10
6 FINANCE EXPENSES
Six Months
Ended
31 December
2016
Group
NZ$000
Six Months
Ended
31 December
2015
Group
NZ$000
Interest expense on borrowings
9,309
9,030
Less:
Interest capitalised to property, plant and equipment
(949)
(263)
8,360
8,767
Interest on deferred consideration
0
25
Ineffective portion of changes in fair value of cash flow hedges
2
124
Total finance expenses
8,362
8,916
7 DIVIDENDS
The following dividends were paid by the Group:
Six Months
Ended
31 December
2016
Group
NZ$000
Six Months
Ended
31 December
2015
Group
NZ$000
Final dividend of 30 cents per share
(2015: 30.0 cents per share)
40,835
40,835
Special dividend of 25 cents per share (2015: Nil)
34,029
0
Total dividends paid
74,864
40,835
8 PROPERTY, PLANT AND EQUIPMENT
Acquisitions and Disposals
During the six months ended 31 December 2016, the Group acquired assets with a cost of $44.021
million (six months ended 31 December 2015: $16.627 million).
During the six months ended 31 December 2016, the Group disposed of assets with a carrying
value of $0.144 million (six months ended 31 December 2015: $2.410 million).
Notes to the Consolidated Interim Financial Statements
For the six months ended 31 December 2016 : Port of Tauranga Limited and Subsidiaries

11
9 LOANS AND BORROWINGS
Commercial Papers
At 31 December 2016 the Group had $245 million of commercial paper debt that is classified within
current liabilities (2015: $185 million). Due to this classification, the Group’s current liabilities exceed
the Group’s current assets. Despite this fact, the Group does not have any liquidity or working
capital concerns as a result of the commercial paper debt being interchangeable with direct
borrowings within the standby revolving cash advance facility which is a term facility.
Standby Revolving Cash Advance Facility Agreement
The Parent Company has a $280 million (2015: $280 million) financing arrangement with ANZ Bank
New Zealand Limited, Bank of New Zealand Limited and the Commonwealth Bank of Australia,
New Zealand branch. The facility, which is secured, provides for both direct borrowings and support
for issuance of commercial papers.
Revolving Cash Advance Facility
The Parent Company has a $30 million (2015: $30 million) revolving cash advance facility with ANZ
Bank New Zealand Limited, used for headroom purposes. The facility expires 13 months after the
date of notice given by the Parent Company or ANZ Bank New Zealand Limited.
10 RELATED PARTY TRANSACTIONS AND BALANCES
Related party transactions and balances with related parties:
Six Months
Ended
31 December
2016
NZ$000
Six Months
Ended
31 December
2015
NZ$000
Transactions With Equity Accounted Investees
Services provided to Port of Tauranga Limited
239
4
Services provided by Port of Tauranga Limited
1,339
908
Accounts receivable by Port of Tauranga Limited
282
305
Accounts payable by Port of Tauranga Limited
67
0
Advances by Port of Tauranga Limited
6,919
7,519
Services provided to Quality Marshalling Limited
0
29
Services provided by Quality Marshalling Limited
1,863
1,756
Accounts receivable by Quality Marshalling Limited
459
397
Accounts payable by Quality Marshalling Limited
0
7
During the six months ended 31 December 2016 the Group entered into transactions with
companies in which Group Directors hold directorships. These directorships have not resulted
in the Group having a significant influence over the operations, policies, or key decisions of
these companies.
No related party debts have been written off or forgiven during the period.
Notes to the Consolidated Interim Financial Statements
For the six months ended 31 December 2016 : Port of Tauranga Limited and Subsidiaries

12
10 RELATED PARTY TRANSACTIONS AND BALANCES (CONTINUED)
Controlling Entity
Quayside Securities Limited owns 54.14% (as at 31 December 2015: 54.14%) of the issued
ordinary shares in Port of Tauranga Limited.
Quayside Securities Limited is beneficially owned by Bay of Plenty Regional Council, the Ultimate
Controlling Party. Transactions with the Ultimate Controlling Party during the period include services
provided to Port of Tauranga Limited $11,852 (six months ended 31 December 2015: $7,717).
Transactions with Key Management Personnel
The Group does not provide any non cash benefits to Directors and executive officers in addition to
their Directors’ fees or salaries.
Six Months
Ended
31 December
2016
Group
NZ$000
Six Months
Ended
31 December
2015
Group
NZ$000
Short term employee benefits
Directors’ fees
330
241
Executive salaries
1,654
1,561
11 COMMITMENTS
Six Months
Ended
31 December
2016
Group
NZ$000
Six Months
Ended
31 December
2015
Group
NZ$000
Capital commitments
Estimated capital commitments for the Group contracted for
at the reporting date but not provided for
9,127
45,986
Capital commitments at 31 December 2016 relate to the purchase of plant and machinery, and the
construction of two sheds.
Notes to the Consolidated Interim Financial Statements
For the six months ended 31 December 2016 : Port of Tauranga Limited and Subsidiaries

13
12 FINANCIAL INSTRUMENTS
The fair value of financial instruments traded in active markets is based on quoted market prices at
the reporting date.
The fair value of financial instruments that are not traded in active markets (for example
over-the-counter derivatives) are determined by using market accepted valuation techniques
incorporating observable market data about conditions existing at each reporting date.
The fair value of interest rate swaps is calculated as the present value of the estimated future cash
flows. The fair value of forward exchange contracts is determined using quoted forward exchange
rates at the reporting date.
Derivative financial instruments are categorised as Level 2 in the fair value measurement hierarchy.
13 SUBSEQUENT EVENTS
There have been no subsequent events.
Notes to the Consolidated Interim Financial Statements
For the six months ended 31 December 2016 : Port of Tauranga Limited and Subsidiaries

DIRECTORS
D A Pilkington, Chairman
A W Baylis
K R Ellis
J C Hoare
A R Lawrence
D W Leeder
M J Smith
EXECUTIVE
M C Cairns, Chief Executive
S G Gray, Chief Financial Officer
D A Kneebone, Property & Infrastructure Manager
S M Lunam, Corporate Services Manager
L E Sampson, Commercial Manager
REGISTERED OFFICE
Salisbury Avenue
Mount Maunganui
Private Bag 12504
Tauranga Mail Centre
Tauranga 3143
New Zealand
Telephone 07 572 8899
Facsimile 07 572 8800
Internet www.port-tauranga.co.nz
Email marketing@port-tauranga.co.nz
SHARE REGISTRY
For enquiries about share transactions, change of address or dividend payments, contact:
Link Market Services Limited
PO Box 91976
Victoria Street West
Auckland 1142
New Zealand
Telephone 09 375 5998
Facsimile 09 375 5990
Email enquiries@linkmarketservices.co.nz
Copies of the Annual and Interim Reports are available from our website.
Company Directory
Port of Tauranga Limited
14

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