Australian Agricultural Projects Ltd. · ASX:AAP

Australian Agricultural Projects — Shareholder Meeting (November 2015)

13 slides from Australian Agricultural Projects's shareholder meeting presentation, Nov 26, 2015

  1. Slide 1: Annual General Meeting 26 November 2015

    Australian Agricultural Projects Ltd For personal use only ABN: 19 104 555 455 ANNUAL GENERAL MEETING 26 November 2015

  2. Slide 2: Agenda

    Australian Agricultural Projects Ltd For personal use only ABN: 19 104 555 455 Agenda 1. Formal Business 2. Presenta<on 3. Ques<ons

  3. Slide 3: Formal business

    Australian Agricultural Projects Ltd For personal use only ABN: 19 104 555 455 Formal business Resolu:on 1 To adopt the Remunera<on Report for the year ended 30 June 2015. Resolu:on 2 That Mr Grimsey, who re<res by rota<on in accordance with clause 11.3 of the Company’s Cons<tu<on, be re-­‐elected a

  4. Slide 4: Resolution - Adoption of Remuneration Report

    RESOLUTION 1 -­‐ ADOPTION OF REMUNERATION REPORT For personal use only To consider and, if thought fit, to pass the following resolu<on as a non-­‐binding resolu:on: “That the Remunera<on Report of the Company (as contained in the Directors’ Report) for the year ended 30 June 2015 be adopted.” SUMMAR

  5. Slide 5: Resolution - Re-election of Director: Mr Phillip Grimsey

    RESOLUTION 2 -­‐ RE-­‐ELECTION OF DIRECTOR : MR PHILLIP GRIMSEY For personal use only To consider and, if thought fit, to pass the following resolu<on as an ordinary resolu:on: “That Mr Phillip Grimsey, who re<res by rota<on in accordance with clause 11.3 of the Company’s Cons<tu<on, be re-­‐elected

  6. Slide 6: Presentation

    Australian Agricultural Projects Ltd For personal use only ABN: 19 104 555 455 Presenta<on 1. This years results 2. Summary of past harvests and price 3. Summary of world market 4. Outlook 5. Ques<ons

  7. Slide 7: This years results

    Australian Agricultural Projects Ltd For personal use only ABN: 19 104 555 455 This years results 2015 2014 Total revenue 3,469,505 2,565,531 Earnings before interest, tax and deprecia<on 1,238,721 508,717 -­‐ Deprecia<on (283,940) (283,970) -­‐ Interest (386,501) (416,984) 568,280 (192,237) -­‐ Tax

  8. Slide 8: 2015 Summary

    Australian Agricultural Projects Ltd For personal use only ABN: 19 104 555 455 2015 Summary “Steady as she goes” year following disappoin<ng 2014 harvest Excellent 2015 harvest Sales of oil to Boundary Bend working well Sa<sfied CBA banking covenants Con<nua<on of rejuvena<on programme

  9. Slide 9: Harvest History

    Australian Agricultural Projects Ltd For personal use only ABN: 19 104 555 455 Harvest History 1,200,000 5,000,000 1,000,000 4,500,000 4,000,000 3,500,000 800,000 3,000,000 600,000 2,500,000 2,000,000 400,000 1,500,000 1,000,000 200,000 500,000 -­‐ -­‐ 2005 2006 2007 2008 2009 2010 2011 2012 2013 20

  10. Slide 10: Effective farm gate price achieved

    Australian Agricultural Projects Ltd For personal use only ABN: 19 104 555 455 Effec<ve farm gate price achieved Price 6.00 5.00 4.00 3.00 2.00 1.00 -­‐ 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

  11. Slide 11: World olive oil market summary

    Australian Agricultural Projects Ltd For personal use only ABN: 19 104 555 455 World olive oil market summary Total world produc<on largely influenced by Spanish produc<on which was much lower than expected last year Growth in consump<on constrained by lower produc<on Carry over stocks at historical

  12. Slide 12: Outlook

    Australian Agricultural Projects Ltd For personal use only ABN: 19 104 555 455 Outlook That upward pressure will remain on the retail price for olive oil in the short term although our supply agreement has a further 12 to 24 months (depending on harvest volumes) of the fixed price aaer which it will

  13. Slide 13: Questions?

    Australian Agricultural Projects Ltd For personal use only ABN: 19 104 555 455 Ques<ons ?

Australian Agricultural Projects — Shareholder Meeting (November 2015) on 6ix