Whenua Issue 15

Page 19

prices and protect from potential downside risk. Key strategies to

achieve this will be the continued

reduction of costs, deferring capital expenses (where possible) and

tightening budgets even further -

while also ensuring future production is protected and not adversely impacted.

Managing cost reductions will be

finely balanced with the requirement for PKW Farms to continue building its capability. This will be integral

to ensuring the farming business is operating at its most efficient and

effective. CEO Dion Tuuta comments: "While hard work will always be the

To receive a hard copy of the 2015 Annual Report, you must now order a copy. Unfortunately, many of these reports are returned as Shareholders relocate and forget to send through their new address. It is even more expensive when reports are returned after being sent to an overseas address. Therefore we have decided to only send a report to Shareholders who order one. The good news is that an electronic copy will be available on

foundation of good farming, great farming comes for innovation and

smart performance improvements. Ensuring we continue to incorporate

intent on developing new areas of

opportunity, lessening its dependence on the commodity heavy areas of business.

clever and intelligent farming

techniques and farm management will ensure we achieve business excellence for shareholders.

Investments to improve the way we farm and the way we manage our

farming business will continue to be a focus moving forward."

The challenges facing the farming business reiterate the importance

of the wider group’s diversification strategies. The Incorporation is

our website so you can still access the What also makes this report exciting and uniquely Taranaki is that it information. includes many photos of whÄ nau, What's in the Annual Report? mokopuna and events taken during The report explains how well the this period. Incorporation and the PKW Trust The Annual Report is a snapshot of performed from 1st July 2014 to 30th June 2015. Reports from both Chairs, PKW, Shareholders and the Taranaki community into a single document. the CEO along with the audited statements are included. We also To order please contact our introduce those organisations we have Shareholder Registrar / Nedina Hohaia developed a strategic relationship with by phone (06) 7699373 or email and provide information on those who nedina@pkw.co.nz. receive a scholarship or grant from PKW Trust.

HE WHENUA | 17


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