Adjusted earnings before interest, tax, depreciation and amortisation rose to $305.9m from $287.9m.
Departing director Michael Stiassny decries lack of long-term thinking - with special audio feature.
The company reported an annual loss of $7 million in the 12 months ended September 30.
NZ Windfarms directors stand down rather than go through with shareholder poll this afternoon.
Asset growth continues to build a solid base for Ngāti Whātua Ōrākei.
Stiassny said utility companies like Vector are "now in the grip of an innovation avalanche"
The Meeting Place of Intelligent Business