Around the Traps 2018 Allawah | Argyle Downs | Auvergne | Bunda | Carlton Hill | Comely Dungowan | Isis Downs | JJAA | Kirkimbie | Manbulloo | Mimong | Newry Newcastle Waters | Ucharonidge | Wrotham Park 2 Around the Traps 2018 Around the Traps 2018 3 A FEW WORDS FROM TROY Another year has come and gone In February, the CPC sales Whilst the CPC corporate generated once again in a flurry of activity and process officially kicked off a bit more press than usual this year, I’m proud and thankful to all of you with advertisements in national individual stations and people were for continuing to run the business in newspapers and an international also featured for their hard work a successful and professional manner marketing program. Thank you to and tenacity. Some of the coverage despite a few added pressures this everyone for your professionalism included Spell Bore, that was the year with the sale, dry conditions and and your stints as investor tour topic of a Landline episode, Dave at times, tough trading conditions. guides. Our guests, the Board and reflected on a day in the life of a Terra Firma are very appreciative of Station Manager in the Rural Weekly, Our collective health and safety your efforts and have expressed how Krucksey presented his learnings has continued to be top of mind impressed they are with all of you. from a year as a Nuffield Scholar, throughout this year, and attitudes We said goodbye to Nockatunga in Nyoman spoke to the ABC about continue to improve in this regard. October and wish Andrew and Amy the benefits Live Export provides This year, I’ve personally encouraged all the best under new ownership. to local economies in Indonesia, you all to consider your mental Jimmy was featured in the Outback health and that of your colleagues. The sales process has taken most magazine, Wrotham showed some I’m honoured to be on the board of of my time in 2018, with much best practice mustering in a Live advisors for Dolly’s Dream, along with travelling to stations, JJAA and Corp video, Emily chatted to the NT Bernadette, and CPC’s support of this around the globe promoting CPC Country Hour following Auvergne’s worthy cause will continue for many and the opportunities available to win as CPC Business of the Year years to come. investors. All made possible by your and CPC promoted its intentions to hard work that ensures that CPC is begin cropping on a bigger scale with Whilst it is encouraging that LTIs have an investment worth having. The sale Dougall’s appointment. reduced compared to last year and process is continuing and as always if near miss reports have increased, you have any questions or concerns, As always thank you for taking the more can be done. There have been please don’t hesitate to reach out. time to talk about your personal several people hurt this year which Thank you also for hosting a raft of experiences working with CPC and could have been avoided. Please other visitors as well, from politicians making us look so good. Thank you ensure that you and all visitors abide to students, the feedback as always, also to those of you that represented by safety protocols and continue to has been excellent. us professionally at various events take care of one another. and conferences around the country, Proudly, JJAA was recognised again in addition to your membership and The welfare of our cattle is very as the Feedlot Steer competition participation with numerous industry important to all of us at CPC. This winner by MLA, cementing their associations. year, we have continued to focus on position as Indonesia’s premier improvng animal welfare and we will feedlot. again in 2019. OUR TEAM IS PROUD TO CONNECT THE BEST AUSTRALIAN BEEF TO THE WORLD HEALTH AND SAFETY | LEADERSHIP | TRUST | COMMUNITY | VALUE CREATION Cover photo: Bec Benjamin 4 Around the Traps 2018 Around the Traps 2018 5 A FEW WORDS FROM TROY Cooperation between JJAA and CPC several stations including a new Newcastle Waters, Ucharonidge, continued to be fostered through the kitchen at Ucharonidge, new quarters Wrotham Park, Dungowan, Auvergne, exchange program. Ketut and Rapael at Argyle Downs, installation of Newry, Carlton Hill, Bunda, Comely, spent a month visiting a couple of the six Tree Lodge outstation at Isis Downs also introduced new NT/WA stations, seeing first hand Newcastle Waters, a new 6-way crush external genetics to increase where their cattle start out. Jimmy at Carlton and numerous water productivity. and Jen similarly went to JJAA, points being completed, along with a returning very impressed with the few older ones cleaned out/de-silted As a back drop to this we saw operations there. Lampung hosted during the dry ready for the rains to challenges to the Indonesia-Australia part of the NTCA Indonesia Australia come. free trade agreement, drought Pastoral Program, which saw CPC across southern and eastern parts of employees travel across to Indonesia, The Newry mortality project Australia, live export troubles for our experiencing the full extent of the kicked off this year, monitoring compatriots in the sheep industry supply chain. the condition of some expectant and yet another tumultuous year in mothers. The Brisbane office Australian politics. Culinary talents were on show was quite excited by the satellite throughout the year with the release tracking technology and seeing Throughout all of what has been of the official CPC cook book, Kaddie some very fresh calves captured thrown at us this year I continue cleaned up at the Longreach show from automated video footage at to be impressed by the strength garnering a number of blue ribbons, watering points. The JJAA breeding and resilience of our team at CPC Jacqui’s rocky road got highly program continued to supply cattle and your ability to keep focused on commended at the Ekka and the for local farmers and assist in the task in front of you. Thanks to Spell Bore damper cook off was hotly meeting government sustainability all of you for your hard work and contested this year. Many thanks to objectives. The fruits of the genetics perseverance in 2018. Haylee for collating the recipes and program can be seen across our Ali for designing the cook book. stations with a lot of diversity being Have a great Christmas and holiday seen in this year’s calf crop. Allawah season, keep safe and I look forward Investment in projects and properties continued tointroduce new genetics catching up with you in 2019, for has continued throughout the year including Ultra black Wagyu cross, another ride on this beast we call with numerous developments taking pure Boran and Brangus, all of which CPC. place. The EWP had its first full will help to continue our success. The year at Carlton Hill and Newcastle productivity improvements in the Waters, showing great results across Allawah stud are very impressive. the board. There were numerous renovations and constructions at 6 Around the Traps 2018 Around the Traps 2018 7 A FEW WORDS FROM JIM • Jim visited every station (except Mimong) at least once showing potential investors around. Many 2018 has been another busy, • Natalie continues to successfully for Devin, and a great lifestyle thanks to Jade Andrews for challenging, rewarding year for the manage all livestock related opportunity for him and his young providing regular assistance with finance team! With well-developed finance processes, transactive family. Devin implemented and the laundry service at NCW on my processes and a hard-working, banking relationships, and developed Anaplan to replace extended travels. Jim also visited capable and stable team, this year cashflow monitoring. CPC’s previous forecasting tools, JJAA several times and met with seemed relatively calm despite the which has become the “single TF in Milan in March and Berlin in challenges of providing endless • In addition to reviewing all of source of truth” within CPC and is October. The transition straight information to the Terra Firma exit CPC’s asset records and improving an invaluable improvement to the from Milan to Medan provides an process. processes and data in the Fixed finance functions. Raquel and Jacqui’s spectacular interesting perspective. Jim with Elders valuer and JJAA team in Asset Register, Salesi continues raspberry, pistachio and white chocolate Achievements this year: Medan for cattle valuations ate end of to manage capex and insurance Graeme joined us in FY18 to damper at Spell Bore. Should have won, • • Craig has been to many stations March 2018 – the lady on the left is the processes, as well as taking on backfill for Devin during the TF we were robbed, but already gearing up again resolving IT challenges and auditor, who’s grumpy because she’s just for next year • Budget and forecasting more and more month end tasks. exit process, bringing his wealth implementing improvements. realised that she’s an auditor processes and functionality of experience in other large are now better than ever, and • Craig managed the IT cattle businesses. Graeme was a • Greg Quinn spent a few great days further improvements are being requirements of the exit process tremendous support to Devin, Jim at Isis Downs to get a first-hand developed for the FY20. and is managing the JJAA security and the team, always available experience of the coalface of and network upgrade and the when required, before finally CPC’s business. • The FY18 year-end went very well, delayed Sharepoint rollout. He leaving us in September to enjoy despite the time pressures when, has done a lot of planning for some time travelling with his wife. • Salesi presented training to the due to the exit process, the audit the implementation of improved JMC at Manbulloo in July re Capex signoff was brought forward by livestock recording and data • Greg Quinn joined us in August and Budget, and recently visited three weeks from last year.