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 constitute forward-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.
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Select Harvests overview
One of the worlds largest almond growers, with a geographically diverse 9,262-hectare orchard portfolio
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Maintaining our values and delivering on our strategy
Select Harvests - in control of our destiny
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SHV is growing almonds in a closed loop
We utilise everything that comes from our orchards
30,000MT
130,000MT
Compost returned
Biomass produced
only
to orchards
by our orchards
9,262 HA
Orchards
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Fruit Forests
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10,000MT
10,000MT
Biomass Energy
Inshell
Plant
Exported
60,000MT
20,000MT
Stockfeed
Kernel Sales
1: Marvinn y, E., Kendall, A. A scalable and spatiotemporally resolved agricultural life cycle assessment of California almonds. Int J Life Cycle Assess
2: Fulton, J., Norton, M. and Shilling, F. (2019). Water-indexed benefits and impacts of California almonds. Ecological Indicators.
2: March 2021 Report on the 'Economic contribution of the Australian Almond Industry' by RMCG Consulting for Horticulture Innovation Australia
Almond trees in California absorb more C02 than they produce during their lifetime1
Almonds provide a very high nutritional value, ranking the highest amongst all crops2
The direct economic benefits of almond production based on market sales are larger than any other crops3
Research is being undertaken in Australia to establish Australian Almond Industry position.
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Select Harvests Limited published this content on 20 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 July 2022 06:43:02 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.