Around the Traps 2017 Allawah | Argyle Downs | Auvergne | Bunda | Carlton Hill | Comely Dungowan | Isis Downs | Kirkimbie | Manbulloo | Mimong | Newry Newcastle Waters | Nockatunga | Ucharonidge | Wrotham Park 2 Around the Traps 2017 Around the Traps 2017 3 A FEW WORDS FROM TROY... As another year draws to a close, it is getting themselves banned from the NAB Agribusiness Rising Beef good to reflect on some of the goings China and Indonesian politicians Industry Champion for NT. Other on of yet another eventful 12 months. continuing to support challenging CPC team members also popped up policy positions just to name a few. in the news: Jak Andrews spruiking First off, I’d like to say that the safety The resilience of the CPC team and precision pastoral management of our people and the welfare of their ability to perform through these in conjunction with MLA, and our animals is always top of mind, challenges is impressive. Kate, Jamie and Tylah featured as and it is pleasing that our safety youngsters in the NTWA industry performance has improved compared I’m proud to say that the CPC Team and Kaddie for smashing gender to last year. It’s important that was recognised for winning the NT stereotypes. Jason Purcell became everyone keep safety a priority and Chief Ministers Agribusiness Exporter the male model of cattle pain relief. that we proactively assess how a award for the second year in a row. Thanks to everyone who was asked task can be done more safely. CPC With over 75% of the beef from our to take time representing CPC. continues to invest in animal welfare cattle being exported, it was great to across many fronts including our be recognised for our success. The In addition, many of us attended animal welfare officers in Indonesia, integration of our Australian Stations external events, hosted visitors cattle handling training, pain relief, into JJAA to access the growing on our stations and feedlots and breeding more polled cattle and joint market of Indonesia is a key factor in delivered presentations on CPC’s animal welfare trials with groups like our success. behalf to industry, investors, OUR TEAM IS PROUD MLA and The University of Sydney. governments and the general public. TO CONNECT THE BEST Many of our team also received AUSTRALIAN BEEF It was another eventful year for the well-earned recognition, including Thank you to everyone involved with TO THE WORLD cattle industry; we saw record high but not limited to: Emily Bryant these events and presentations. prices for cattle, the lowest national who was featured on Landline as The feedback I receive from those herd in decades, international beef Australia’s first ever female station interacting with our people is always and political scandals, Australian manager for a corporate company. positive and a great testament processors making mistakes and Jimmy Beale was recognised as to how you all put your best foot HEALTH and SAFETY | LEADERSHIP | TRUST | COMMUNITY | VALUE CREATION 4 Around the Traps 2017 Around the Traps 2017 5 A FEW WORDS FROM TROY... forward when representing the The WLC was an enormous success I am continually impressed by how company, whether this was hosting and a valuable experience for all of our people rise to the challenge, a film crew at one of our stations, those that attended. Unfortunately, getting out there and getting the job showing international investors or we could not get all of the CPC team done. customers our stations and feedlots to attend. This was just one of many or announcing winners in the main ways CPC invested in the CPC team to Stay safe and have a wonderful arena at local shows, campdrafts or ensure we have the right leadership Christmas and Festive season. I look the Ekka. now and in the future. forward to seeing you all back on deck in 2018, for what will surely be This year was another big year for It was a busy year of expansionary yet another momentous year for CPC. me with travel, it was great to get to property development across all our stations and feedlots at least many of the stations as we rolled once and spend some time with you out projects to uplift capacity and on the ground. I wish I could spend performance. There have been many more time with the CPC team and new water points (with more to our cattle. Attending Spellbore this come) added across the portfolio, year was a highlight for me and it was opening up more country for year- great to see many of the team in one round grazing. The early weaning place. Thanks to Jade and Jak for a project at Newcastle and Carlton Hill great job hosting this year. also kicked off in the second half of the year and we’re already seeing JJAA also saw quite a lot of me this some good results from this. Thanks year in addition to playing host to the to Jas for her month long (initial two- Board – well done to Willy and the week) trip to kick off this project. team, the feedback was excellent. It’s encouraging to see JJAA further Our genetics investment has also integrated with the CPC team, not continued with some great results only with the highly successful out of Allawah and more than 350 exchange program and Brooke’s external bulls with high performing transfer to Lampung, but also in genetics purchased to enhance the the areas of IT (Craig) and Finance herd quality. We purchased the (Raquel, Graeme and Devin) and I station Emus Nest to increase the size only needed a small amount of time of our elite genetics herd and moved to convince JJAA staff that not all the Angus stud from Isis Downs to Australians are like Jim, no one is. Comely where the infrastructure and seasons are more suitable to stud CPC held the inaugural CPC Women’s breeding. Leadership Conference (WLC) in October. 21 CPC team members from I would like to thank each and every all locations attended from Station one of you for your hard work and Management to Administration dedication throughout 2017. members. 6 Around the Traps 2017 Around the Traps 2017 7 A FEW WORDS FROM FINANCE 2017 has flown by in a whirl of • Devin spent August month end streamlining our banking facilities activity for the finance team! with the JJAA team in Lampung, to reduce interest and fees. A lot of work has gone into better and a few fun-filled days with our Salesi completed a review of all integrating JJAA into the group and auditors at Wrotham Park. • of CPC’s asset records, improved bedding Iterra installations down Craig and Raquel (twice) and processes and data in the Fixed at all stations, as well as improving • Graeme travelled to Indonesia to Asset Register, and continues systems and processes behind the drive the security improvements to manage capex and insurance scenes, which is not really sexy to talk and data and system integration at processes. about, but makes a big difference to JJAA. the efficiency of the accounting and • Craig has completed the Devin’s photo of a cantankerous, Numbers! We love ‘em in finance And Spellbore pies – we love them reporting functions. • Naree spent several weeks successful Iterra installations, is sometimes dangerous creature at too (Pi is a great number) standing in for Tegan (as well as managing the JJAA security and JJAA, patting a buffalo We also had a few staff changes doing her own job) at Newcastle network upgrade, the Microsoft 365 during the year: Waters. email and Sharepoint rollout and is actively planning for improved And I visited Terra Firma and • livestock recording and data • Continued focus on efficiencies JJAA several times (including the management throughout the group. lead to the finance team being Medan feedlot for the first time), as restructured to remove the well as Comely, Allawah, Newcastle • Raquel has added value to the Financial Reporting Manager Waters, Isis Downs, Carlton Hill, team from her first week, identifying role. This lead to Rachael Kehoe Argyle Downs, Newry, Auvergne and and developing Anaplan reporting (maternity leave) and Leo Manbulloo stations. improvements and improving JJAA’s Embalsado (who was contracting database management. in Rachael’s absence) leaving the • Pak Nanang joined us at the CPC team in January 2017. Conference in February. • The JJAA team has managed the rollout of an improved JJAA Monthly Jim struggling under the • Analyst Vincent Chua finished in Nat and Salesi befriending some local Sue caught trying to steal a plane Achievements this year: Management Report to replace the psychological pressure from across April and was replaced by Andrew wildlife, at the Ekka stand and NCW from NCW after too many Golds at previous inconsistent and confusing the Manbulloo pool table at the July Caesar (reporting to Richard respectively Spellbore reports. Through much trial and Operations Reviews Meeking) in June. Devin has communicated • error, the JJAA MMR is now a clear, clear goals and managed the • Raquel Streek joined the team consistent, meaningful report of responsibilities of the whole in May and made an immediate JJAA’s financial performance. Pak team superbly to get the best impact with further streamlining Nanang relies on great support from out of everyone, giving them and automating of month end Ibu Esti and Pak Robenson and the opportunities to broaden their reporting. whole JJAA finance team. skills, strengthening the team by • Graeme MacKenzie brought his providing backup across other roles. I’m amazed and exhausted wealth of livestock accounting • looking back over all the experience to the team in May As always, Naree has kept payroll • achievements, changes, late nights to assist with the day to day well under control, and maintains and great work of the finance operations of the finance team.