Australian Agricultural Company Limited · ASX:AAC
Australian Agricultural — Shareholder Meeting (August 2013)
8 slides from Australian Agricultural's shareholder meeting presentation, Aug 21, 2013
Slide 1: AACo FY2013 Annual General Meeting, Chairman's Address and Operational Update Presentation
Australian Agricultural Company Limited For personal use only ABN 15 010 892 270 AACo FY2013 Annual General Meeting, Chairman’s Address and Operational Update Presentation ASX Announcement No. 45/2013 21 August 2013 Attached is a presentation for the Chairman’s Address and an Operational Update for
Slide 2: Annual General Meeting
For personal use only AUSTRALIAN AGRICULTURAL COMPANY LIMITED Annual General Meeting Quarter 31 January to 31 March, 2013 21 August 2013
Slide 3: Chairman's address – Donald McGauchie
Chairman’s address – Donald McGauchie For personal use only Change of reporting date Three-month result to 31 March 2013 significantly impacted by non-cash, pre-tax mark- to-market write down of herd value based on extremely low domestic prices Increased cattle sales and revenue at significantly low
Slide 4: Chairman's address - Darwin Abattoir and vertical integration
Chairman’s address - Donald McGauchie For personal use only Darwin Abattoir a critical component of the vertical integration strategy Will allow AACo to capture global beef prices, which have been consistently higher than domestic beef prices Opens up new channels to market and reduces transport cos
Slide 5: Ongoing dry conditions continued to depress cattle prices
Operational update – quarter to 30 June 2013 Chief Financial Officer and interim Chief Executive Officer Craig White For personal use only Ongoing dry conditions and resultant strong supply have continued to depress cattle prices Dry conditions persisted in the quarter to 30 June 2013 AACo continues
Slide 6: Strong supply and weak demand continued to depress cattle prices
Operational update – quarter to 30 June 2013 Chief Financial Officer and interim Chief Executive Officer Craig White For personal use only Strong supply and weak demand for re-stockers continued to depress cattle prices, though there has since been some recovery in the Eastern Young Cattle Indicator
Slide 7: First quarter to June 2013
Operational update – quarter to 30 June 2013 Chief Financial Officer and interim Chief Executive Officer Craig White For personal use only First quarter to 30 June 2013 Cattle sales Grass Shortfed Grain Breeder and Live Wagyu Total Sales Average Finished Finished Feeder Export Robust sales program h
Slide 8: Annual General Meeting August 2013
ANNUAL GENERAL MEETING For personal use only 21 AUGUST 2013 Australian Agricultural Company Limited 7
Australian Agricultural Company — Shareholder Meeting (August 2013) on 6ix