Australian Agricultural Projects Ltd. · ASX:AAP
Australian Agricultural Projects — Shareholder Meeting (November 2013)
13 slides from Australian Agricultural Projects's shareholder meeting presentation, Nov 27, 2013
Slide 1: For personal use only
For personal use only
Slide 2: Australian Agricultural Projects Limited 2013 AGM
Australian Agricultural Projects Ltd For personal use only ABN: 19 104 555 455 AUSTRALIAN AGRICULTURAL PROJECTS LIMITED 2013 AGM
Slide 3: Agenda
Australian Agricultural Projects Ltd For personal use only ABN: 19 104 555 455 Agenda 1. Formal Business 2. Presentation 3. Questions
Slide 4: Formal business
Australian Agricultural Projects Ltd For personal use only ABN: 19 104 555 455 Formal business Resolution 1 To adopt the Remuneration Report for the year ended 30 June 2013. Resolution 2 That Mr Phillip Grimsey, who retires by rotation in accordance with clause 11.3 of the Company’s Constitution, be
Slide 5: Summary of proxies
Australian Agricultural Projects Ltd For personal use only ABN: 19 104 555 455 Summary of proxies Total Robert Resolution Shares In Favour Against Discretionary Abstain Chairman Bolten 1 Adoption of remuneration 19,934,987 19,877,987 17,000 40,000 ‐ 19,904,987 30,000 report 2 Re‐election of Director
Slide 6: Presentation
Australian Agricultural Projects Ltd For personal use only ABN: 19 104 555 455 Presentation 1. History of Australian Agricultural Projects Limited (AAP) 2. The company now 3. The Australian olive industry 4. This years highlights 5. This years results 6. Next years challenges 7. Opportunities 8. Que
Slide 7: History of AAP
Australian Agricultural Projects Ltd For personal use only ABN: 19 104 555 455 History of AAP 2004 Created the redisland and njoi brands 2005 Established Australian retail supermarket distribution for redisland 2006/7 Built US distribution of branded product in over 12,000 stores 2007 Merged with AA
Slide 8: This year's highlights
Australian Agricultural Projects Ltd For personal use only ABN: 19 104 555 455 This years high lights Sale of the brand to Boundary Bend Limited Supply agreement secured Awarded AOA orchard of the year Record yield
Slide 9: The company now
Australian Agricultural Projects Ltd For personal use only ABN: 19 104 555 455 The company now Owns 408 hectare orchard and rents this to the MIS projects Operates and manages the orchard at Boort on behalf of the MIS projects as well as another 108 hectare orchard at Boort Sells all produce to Boun
Slide 10: This year's results
Australian Agricultural Projects Ltd For personal use only ABN: 19 104 555 455 This years results 2013 2012 Total revenue 3,269,740 1,756,402 Earnings before interest, tax and depreciation * 753,062 (4,314,463) ‐ Depreciation (423,580) (513,971) ‐ Interest (636,530) (1,088,960) (307,048) (5,917,394)
Slide 11: Next year's challenges
Australian Agricultural Projects Ltd For personal use only ABN: 19 104 555 455 Next years challenges Re‐invigorate the orchard after the record harvest Reduce compliance costs Consolidate balance sheet Restructure MIS
Slide 12: Opportunities
Australian Agricultural Projects Ltd For personal use only ABN: 19 104 555 455 Opportunities Expand current operations with additional plantings Third party management arrangements New agricultural projects Consolidate the balance sheet and then distribute cash surpluses to shareholders
Slide 13: Questions?
Australian Agricultural Projects Ltd For personal use only ABN: 19 104 555 455 Questions ?
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