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Appendix 4: Business economic impacts

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Business demographics

Table A4.1: Business type (category)

(%) Accommodation Food & Beverage Health Office Other Retail Trade
All (n=69) 10.1 7.2 4.3 17.4 14.5 29.0 17.4
Thames (n=45) 8.9 11.1 6.7 22.2 4.4 31.1 15.6
Coast (n=15) 13.3 - - 6.7 40.0 26.7 13.3
Other (n=9) 11.1 - - 11.1 22.2 22.2 33.3

Table A4.2: How long business has been trading (years)

(years) resp. % min max sum mean s.d.
All (n=69) 68 98.6 1 130 1496 22.0 27.1
Thames (n=45) 45 100.0 1 130 1019 22.6 28.5
Coast (n=15) 14 93.3 3 100 375 26.8 29.5
Other (n=9) 9 100.0 3 30 102 11.3 8.9

Table A4.3: Position in business

(%) Owner Proprie-tor Direc-tor Mana-ger Princi-pal Em-ployee Self Em-ployed Trus-tee Secre-tary Un-known
All (n=69) 44.9 5.8 18.9 14.5 1.4 4.3 5.8 1.4 1.4 1.4
Thames (n=45) 46.7 4.4 20.0 15.6 - 6.7 4.4 2.2 - -
Coast (n=15) 46.7 6.7 13.3 20.0 6.7 - - - 6.7 -
Other (n=9) 33.3 11.1 22.2 - - - 22.2 - - 11.1

 

Table A4.4: Full-time employees

 

(people) resp. % min max sum mean s.d.
All (n=69) 63 91.3 1 18 241 3.8 3.7
Thames (n=45) 40 88.9 1 17 157 3.9 3.7
Coast (n=15) 14 93.3 1 9 48 3.4 2.5
Other (n=9) 9 100

1

 18 36 4.0 5.5

Table A4.5: Part-time employees

(people) resp. % min max sum mean s.d.
All (n=69) 46 66.7 1 6 98 2.1 1.5
Thames (n=45) 30 66.7 1 6 63 2.1 1.5
Coast (n=15) 11 73.3 1 6 21 1.9 1.6
Other (n=9) 5 55.6 1 5 14 2.8 1.8

Table A4.6: Business's total 2002 turnover (before tax)

(%) <$50,000 $50,000 to $100,000 $100,001 to $250,000 $250,001 to $500,000 >$500,000
All (n=62) 14.5 16.1 21.0 12.9 35.5
Thames (n=45) 13.2 10.5 26.3 7.9 42.1
Coast (n=15) 6.7 26.7 20.0 20.0 26.7
Other (n=9) 33.3 22.2 - 22.2 22.2

Business impacts

Table A4.7: Insured stock losses

($) resp. % min max sum mean s.d.
All (n=69) 14 20.3 1,000 85,000 174,200 12,443 21,738
Thames (n=45) 7 15.6 1,500 10,000 42,000 6,000 3,500
Coast (n=15) 7 46.7 1,000 85,000 132,200 18,886 30,245
Other (n=9) 0            

Table A4.8: Uninsured stock losses

($) resp. % min max sum mean s.d.
All (n=69) 7 10.1 200 6,000 16,600 2,371 2,034
Thames (n=45) 4 8.9 400 4,000 8,400 2,100 1,474
Coast (n=15) 3 20 200 6,000 8,200 2,733 2,969
Other (n=) 0            

Table A4.9: Insured other losses

($) resp. % min max sum mean s.d.
All (n=69) 16 23.2 250 100,000 372,350 23,272 32,743
Thames (n=45) 8 17.8 700 100,000 280,700 35,088 41,161
Coast (n=15) 7 46.7 400 47,000 91,400 13,057 17,537
Other (n=9) 1 11.1 250 250 250 - -

Table A4.10: Uninsured other losses

($) resp. % min max sum mean s.d.
All (n=69) 13 18.8 150 50,000 112,070 8,621 13,479
Thames (n=45) 6 13.3 150 50,000 70,650 11,775 19,521
Coast (n=15) 6 40 300 10,420 41,220 6,870 5,015
Other (n=9) 1 11.1 200 200 200 - -

Table A4.11: Trading time lost (hours)

(hours) resp. % min max sum mean s.d.
All (n=69) 42 60.9 5 960 3372 80.3 221.1
Thames (n=45) 31 68.9 5 960 2774 89.5 249.7
Coast (n=15) 11 73.3 6 384 598 54.4 111.2
Other (n=9) 0            

Each 'day' converted to 8 hours

Table A4.12: Loss of revenue from trading time lost (dollars)

($) resp. % min max sum mean s.d.
All (n=69) 39 56.5 200 30,000 202,725 5,198 7,522
Thames (n=45) 29 64.4 200 30,000 149,525 5,156 8,045
Coast (n=15) 10 66.7 200 15,000 53,200 5,320 6,126
Other (n=9) 0            

Table A4.13: Value of any increased business (dollars)

($) resp. % min max sum mean s.d.
All (n=69) 15 21.7 150 100,000 261,850 17,456 27,722
Thames (n=45) 13 28.9 150 100,000 219,350 16,873 28,900
Coast (n=15) 2 13.3 2,500 40,000 42,500 21,250 26,517
Other (n=9) 0            

Table A4.14: Staff time spent getting business back to normal (hours)

(hours) resp. % min max sum mean s.d.
All (n=69) 33 47.8 2 2600 6434 195.0 470.1
Thames (n=45) 18 40.0 2 2600 4231 235.1 615.0
Coast (n=15) 13 86.7 6 720 2187 168.2 210.5
Other (n=9) 2 22.2 8 8 16 8.0 0.0

Each 'day' converted to 8 hours

Table A4.15: Time staff were unable to attend work (hours)

(hours) resp. % min max sum mean s.d.
All (n=69) 29 42.0 4 168 867.8 29.9 34.3
Thames (n=45) 24 53.3 4 168 667.9 27.8 34.9
Coast (n=15) 5 33.3 16 96 200 40.0 33.9
Other (n=9) 0            

Each 'day' converted to 8 hours

Table A4.16: Number of staff unable to attend work (people)

(hours) resp. % min max sum mean s.d.
All (n=69) 28 40.6 1 12 84 3.0 2.4
Thames (n=45) 23 51.1 1 7 64 2.8 1.7
Coast (n=15) 5 33.3 1 12 20 4.0 4.5
Other (n=9) 0            

Table A4.17: Amount spent by businesses which had undertaken these flood prevention measures before the weather bomb event

(a) All n=69 Had under-taken resp. Had under-taken (%) Had spent resp. Had spent (%) min spent ($) max spent ($) total spent ($) mean spent ($) s.d. spent ($)
Took out household insurance against flooding 29 42.0 14 20.3 150 12,000 34,800 2,486 3,144
Raised the floor level of house 7 10.1 4 5.8 2,000 50,000 58,000 14,500 23,685
Kept ditches and drains around the property clean 30 43.5 6 8.7 100 5,000 7,850 1,308 1,847
Avoided keeping irreplaceable items or goods of sentimental value on ground floor of home 26 37.7 n/a n/a n/a n/a n/a n/a n/a
            TOTAL: $100,650    
(b) Thames n=45 Had under-taken resp. Had under-taken (%) Had spent resp. Had spent (%) min spent ($) max spent ($) total spent ($) mean spent ($) s.d. spent ($)
Took out household insurance against flooding 20 44.4 10 22.2 150 3,000 15,100 1,510 1,079
Raised the floor level of house 5 11.1 2 4.4 4,000 50,000 54,000 27,000 32,527
Kept ditches and drains around the property clean 16 35.6 1 2.2 250 250 250 - -
Avoided keeping irreplaceable items or goods of sentimental value on ground floor of home 17 37.8 n/a n/a n/a n/a n/a n/a n/a
            TOTAL: $69,350    
(c) Coast n=15 Had under-taken resp. Had under-taken (%) Had spent resp. Had spent (%) min spent ($) max spent ($) total spent ($) mean spent ($) s.d. spent ($)
Took out household insurance against flooding 9 60.0 4 26.7 500 12,000 19.700 4,925 5,312
Raised the floor level of house 2 13.3 2 13.3 2,000 2,000 4,000 2,000 0.0
Kept ditches and drains around the property clean 12 80.0 5 33.3 100 5,000 7,600 1,520 1,982
Avoided keeping irreplaceable items or goods of sentimental value on ground floor of home 8 53.3 n/a n/a n/a n/a n/a n/a n/a
            TOTAL: $11,620    
(d) Other n=9 Had under-taken resp. Had under-taken (%) Had spent resp. Had spent (%) min spent ($) max spent ($) total spent ($) mean spent ($) s.d. spent ($)
Took out household insurance against flooding 0   0            
Raised the floor level of house 0   0            
Kept ditches and drains around the property clean 2 22.2 0            
Avoided keeping irreplaceable items or goods of sentimental value on ground floor of home 1 11.1 n/a n/a n/a n/a n/a n/a n/a
            TOTAL: $0    

Table A4.18: Amount spent by businesses which undertook these flood prevention measures after the weather bomb event

(a) All n=69 Had under-taken resp. Had under-taken (%) Had spent resp. Had spent (%) min spent ($) max spent ($) total spent ($) mean spent ($) s.d. spent ($)
Took out household insurance against flooding 12 17.4 6 8.7 150 8,000 25,650 4,275 3,182
Raised the floor level of house 3 4.3 2 2.9 2,000 3,000 5,000 2,500 707.1
Kept ditches and drains around the property clean 25 36.2 5 7.2 100 5,000 7,900 1,580 2,054
Avoided keeping irreplaceable items or goods of sentimental value on ground floor of home 23 33.3 n/a n/a n/a n/a n/a n/a n/a
            TOTAL: $38,550    
(b) Thames n=45 Had under-taken resp. Had under-taken (%) Had spent resp. Had spent (%) min spent ($) max spent ($) total spent ($) mean spent ($) s.d. spent ($)
Took out household insurance against flooding 7 15.6 4 8.9 150 7,000 16,150 4,038 3,099
Raised the floor level of house 0                
Kept ditches and drains around the property clean 12 26.7 2 4.4 300 5,000 5,300 2,650 3,323
Avoided keeping irreplaceable items or goods of sentimental value on ground floor of home 14 31.1 n/a n/a n/a n/a n/a n/a n/a
            TOTAL: $21,450    

(c) Coast n=15

 Had under-taken resp. Had under-taken (%) Had spent resp. Had spent (%) min spent ($) max spent ($) total spent ($) mean spent ($) s.d. spent ($)
Took out household insurance against flooding 5 33.3 2 13.3 1,500 8,000 9,500 4,750 4,596
Raised the floor level of house 3 20.0 2 13.3 2,000 3,000 5,000 2,500 707.1
Kept ditches and drains around the property clean 10 66.7 3 30.0 100 2,000 2,600 866.7 1,002
Avoided keeping irreplaceable items or goods of sentimental value on ground floor of home 7 46.7 n/a n/a n/a n/a n/a n/a n/a
            TOTAL: $17,100    
(d) Other n=9 Had under-taken resp. Had under-taken (%) Had spent resp. Had spent (%) min spent ($) max spent ($) total spent ($) mean spent ($) s.d. spent ($)
Took out household insurance against flooding 0                
Raised the floor level of house 0                
Kept ditches and drains around the property clean 3 33.3 0            
Avoided keeping irreplaceable items or goods of sentimental value on ground floor of home 2 22.2 n/a n/a n/a n/a n/a n/a n/a
            TOTAL: $0    

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Appendix 4: Business economic impacts

March 2004

© Ministry for the Environment