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FOR FURTHER INFORMATION, PLEASE CONTACT: Andrew Angus, Investor Relations: andrewangus@overlandadvisers.com.au
Wemen Farm - October 2015
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Wemen Farm - October 2015
Disclaimer & Basis of Preparation
onlyThis presentation is provided for information purposes only and has been prepared using information provided by the company. The information contained in this presentation is not intended to be relied upon as advice to investors and does not take into account the investment objectives, financial situation or needs of any particular investor. Investors should consider their own individual investment and financial circumstances in relation to any investment decision.
Certain statements contained in this presentation may constituteInsertforwardTitle-looking statements or statements about future matters that are based upon information known and assumptions made as of the date of this presentation.
useThese statements are subject to risks and uncertainties. Actual results may differ materially from any future results or performance expressed, predicted or implied by the statements contained in this presentation.
The Select Harvests Limited financial statements are prepared in accordance with Australian Accounting Standards, other authoritative pronouncements of the Australian Accounting Standards Board, Urgent Issues Group Interpretations and the Corporations Act 2001. This includes application of AASB 141 Agriculture in accounting for the current year almond crop, which is classified as a biological asset. In applying this standard to determine the value of the current year crop, the Company makes various assumptions at the balance date as the selling price of the crop can only be estimated and the actual crop yield will not be known until it is completely processed and sold. The resulting accounting estimates will, by definition, seldom equal the related actual results, and have a risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.
ersonal
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ersonal use only
Overview
(Excluding lease liabilities)
18.6%
Increase of $25.0m, with FY2020 impacted
by COVID-19related shipping delays
$38.2m
EBIT from continuing operations $32.6m
$18.2m
Reported
Net Debt to Equity
EBITDA from continuing operations $53.7m
NPAT from continuing operations $25.3m
$40.4m
$15.1m
Reported
Reported
Operating Cash Flow
Final dividend of 8.0c fully franked
DRP with 2.5% discount
12.7 cents
Earnings per Share (Basic)
FY2021 Financial Overview
A lower almond price has impacted earnings. Gearing remains low, with operating cash flows strengthening due to the improved timing of export shipments
onlyuse ersonalNote: certain financial measures mentioned in this presentation (including EBITDA, EBIT & ROCE) are Non-IFRSmeasures. They are used by the company and are relevant because they are consistent with
mea ures used internally by management and by some in the investment community to assess the operating performance of the business. The non-IFRS measures have not been subject to audit or review.
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Select Harvests Limited published this content on 25 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 November 2021 22:29:03 UTC.
Select Harvests Limited is an Australia-based vertically integrated almond food company. The Company manufactures, processes and markets almond products for the Australian retail and industrial markets, in addition to exporting almonds globally. It is engaged in growing, processing, packaging and sale of almonds and its by-products from Company-owned and leased almond orchards. It supplies a full range of value-added almond products (blanched, roasted, sliced, diced, meal and paste) in multiple customer categories, including beverage, bakery, confectionery, cereal, snacking, health, dairy (ice cream), re-packers and wholesalers. It supplies both branded and private label products to key retailers, distributors and industrial users. Its brands are Renshaw and Allinga Farms. Its geographically diverse almond orchards are located in Victoria, South Australia and New South Wales. Its portfolio includes over 9,262 hectares of Company-owned, leased and joint venture almond orchards.
SELECT HARVESTS LIMITED 
