Comparison - Actual Results For 2015/16 Vs 2016/17
The essential difference between the two seasons was…
- 2015/16; reduced quality of concentrate and tonnage fed to 109 tonnes as per industry advice
- 2016/17; increased the quality of the concentrate and tonnage fed to 682 tonnes
THE BOTTOM LINE...
This table compares the past two seasons in greater detail and calculates EFS at a $6.00 payout.
| Revenue | 2015/16 | 2016/17 |
|---|---|---|
| Net milk sales - this season | $1,195,807 | $1,620,940 |
| Net milk sales - last season | $255,134 | $255,900 |
| Net milk sales - dividend | $55,000 | $55,000 |
| Net livestock sales | $101,206 | $102,798 |
| Change in livestock value | $12,211 | $4,416 |
| Capital value change | -$6,231 | -$3428 |
| Total Revenue | $1,613,127 | $2,035,356 |
| Total Eve + Dep. | $1,064,957 | $1,305,485 |
| EFS | $548,170 | $729,871 |