Australian Agricultural Projects Ltd. · ASX:AAP
Australian Agricultural Projects — Shareholder Meeting (November 2014)
8 slides from Australian Agricultural Projects's shareholder meeting presentation, Nov 27, 2014
Slide 1: Annual General Meeting 27 November 2014
Australian Agricultural Projects Ltd For personal use only ABN: 19 104 555 455 ANNUAL GENERAL MEETING 27 November 2014
Slide 2: Presentation
Australian Agricultural Projects Ltd For personal use only ABN: 19 104 555 455 Presentation 1. The company now 2. Summary of past harvests 3. This year's results 4. Next year's challenges 5. Opportunities 6. Questions
Slide 3: 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 4: Harvest History
Australian Agricultural Projects Ltd For personal use only ABN: 19 104 555 455 Harvest History 1,000,000 4,500,000 900,000 4,000,000 800,000 3,500,000 700,000 3,000,000 600,000 2,500,000 500,000 2,000,000 400,000 1,500,000 300,000 1,000,000 200,000 100,000 500,000 - - 2005 2006 2007 2008 2009 2010 2
Slide 5: This year's results
Australian Agricultural Projects Ltd For personal use only ABN: 19 104 555 455 This year's results 2014 2013 Total revenue 2,565,531 3,269,740 Earnings before interest, tax and depreciation * 508,717 753,062 - Depreciation (283,970) (423,580) - Interest (416,984) (636,530) (192,237) (307,048) - Tax
Slide 6: 2014 Summary
Australian Agricultural Projects Ltd For personal use only ABN: 19 104 555 455 2014 Summary A year of consolidation Lower than expected harvest Braeside premises leased CBA banking facilities confirmed MIS restructure deferred
Slide 7: Next year's challenges
Australian Agricultural Projects Ltd For personal use only ABN: 19 104 555 455 Next year's challenges Continuation of rejuvenation programme Reduce compliance costs Restructure MIS Further consolidation of balance sheet
Slide 8: Outlook
Australian Agricultural Projects Ltd For personal use only ABN: 19 104 555 455 Outlook Profitability directly related to the annual harvest, updates in the quarterly cash reports Maintenance of objective of being a low cost producer Third party management arrangements Ongoing consolidation of the ba
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