Greenpeace New Zealand, the local arm of the environmental lobby group, posted a 69 per cent drop in full-year profit after it made a bigger payout to its global parent and reaped less from donations.
Profit fell to $549,009 in calendar 2011, from $1.78 million a year earlier, according to Greenpeace's financial statements. Sales slipped about 8 per cent to $8.3 million.
The Auckland-based lobby group increased its contribution to Greenpeace International by about $450,000 to $1.9 million in 2011. The contribution was based on its income from the previous two years and included donations for the new Rainbow Warrior vessel, launched in October.
"It wasn't that 2011 was a bad year but we were lucky enough to receive a couple of large requests a couple of years before," said Amanda Briggs-Hastie, Greenpeace's support engagement director.
"Then because of the launch of the Rainbow Warrior we did a lot more fundraising and all that money was all sent to Greenpeace International."