Comparisons – Actual vs Forecast

The following table is a comparison of the performance targets approved in the Company’s Statement of Corporate Intent and actual performance for the year ended :

Actual Forecast
$000
Sales revenue:
  • Exotic
14,180 13,300
  • Rimu
9,650 9,100
  • Beech
290 1,500
  • Net profit before interest and tax
4,605 2,780
  • Net profit after interest and tax
4,875 3,028
  • Dividend
600
  • Loans from the Crown
4,544 4,680
  • Shareholders equity
86,732 111,110
Net profit before interest and tax:
As % of average shareholders funds 4.7% 2.5%
As % of average total assets 4.4% 2.4%
Non current debt to equity ratio 1:19.1 1:16.5
Actual Forecast
m3
Log volumes
Exotic 181,200 165,000
Rimu 32,620 30,700
Beech 1,780 10,000
ha’s
Plantings
Exotic 1,052 1,070
Special purpose species 276 250