Hellaby Holdings Limited operates in six segments. The automotive division includes Brake & Transmission NZ Limited, an importer and distributor of automotive and commercial replacement parts; Diesel Distributors Limited and Diesel Distributors Australia Pty Limited, wholesale distributors of diesel fuel injection, turbocharger and ancillary diesel engine parts, and TRS Tyre & Wheel Limited and TRS Tyre & Wheel Pty Limited, importers and distributors of tires and wheels. The equipment division includes AB Equipment Limited, an importer and distributor of materials handling, construction and transport equipment; AB Rental Limited, a forklift rentals company; Eurolift NZ Limited, an importer, distributor and renter of materials handling equipment, and TradedEquipment.com, a materials handling and construction equipment re-seller. The footwear division includes R. Hannah & Co Limited and Discount Shoe Warehouse Limited. The packaging division comprises Elldex Packaging Limited.
Quick Financial Synopsis
BRIEF: For the fiscal year ended 30 June 2009, Hellaby Holdings Limited's revenues decreased 8% to NZ$480.7M. Net income from continuing operations decreased 73% to NZ$5.3M. Revenues reflect a decrease in sale of goods from the Automotive and the absence of revenue from Diversified divisions. Net income also reflects increased other expenses, an increase in rental & operating leases and the presence of share of loss from associate vs. a profit.