CHAIRMAN’S REPORT 2014/15
It is with great pleasure that I present to you the 2014/15 Annual Report for DemoDAIRY Co-operative Limited. Firstly I would like to thank all our partners, sponsors and shareholders for their continuous support during the challenging times of 2014/15. During this time DemoDAIRY Board has strived to deliver the best possible service to the dairy industry whilst maintaining a positive outlook and implementing prudent financial management. As DemoDAIRY receives no government funding the Board’s main challenge is to strike a balance between commercial reality and delivering outcomes according to DemoDAIRY’s purpose.
For the year ending June 2015 DemoDAIRY Co-operative Limited reported a cash loss of $-37,257. However the accounting loss was due to a downturn in livestock value of $-91,150.
Co-operative Administration had a successful year managing projects on behalf of industry partners. In addition to running projects the precinct has been well maintained and the number of events being run out of DemoDAIRY increased over 13/14 financial year. The total number of events conducted at DemoDAIRY (excluding NCDEA classes) during 2014/2015 amounted to 102.
It is important to recognise the work our volunteer Board members do on behalf of shareholders and community. Their time and dedication is greatly appreciated and it is pleasing to see new members join the Board who bring exceptional skills in both business and farm management. The mix of skills and attributes will be of great benefit to DemoDAIRY in the development of future plans and activities.
Thank you to all the dedicated and talented staff at DemoDAIRY who take on new challenges with passion and enthusiasm and in doing so contribute to making DemoDAIRY a positive and vibrant workplace for everyone.
We would also like to thank Dairy Australia for their ongoing support of DemoDAIRY.
In closing, as I am retiring from the board of DemoDAIRY after a nine year term. I’d like to thank all the farmers and stakeholders who have supported DemoDAIRY and me over this time. I look forward to a long spring, a buoyant milk price and a profitable and sustainable dairy industry future.