Investor Presentaiton
Appendix - interest and tax guidance (NPAT-S)
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Forecast interest expense expected to increase in CY22 to
approximately $38m.
Higher average debt levels following capital program
in CY21.
Increased interest expense from Vitalharvest leases
renegotiation.
Interest
A$m
Actual CY21
Planned CY22
Bank Interest
6.8
8.5
Var
25.0%
Lease Interest
18.2
29.3
61.0%
Total Interest
25.0
37.8
51.2%
Tax Expense
10.4
21.6
107.7%
(Excl. Material Items)
Total Interest & Tax
35.4
59.4
67.8%
Interest CY21 to CY22 $m's
Tax CY21 to CY22 $m's
Tax
25.0
40.0
35.0
30.0
25.0
20.0
15.0
10.0
5.0
0.0
CY21
20.0
15.0
10.0
5.0
0.0
CY22
CY21
CY22
■Bank Interest ■Lease Interest
CY21 Results
Presentation
African Blue
Moncon's nest hicbesies
Driscoll's Kalady fingers
Only the Finest Berries"
LOVACADO.
Aussie avos. From Costa.
CY22 tax expense increases to approximately $22m:
Higher earnings in Australia (30% tax rate). In part also
from additional contributions from CY21 acquisitions
(i.e. 2PH, KW Orchards and Select Fresh).
No material changes in effective rates expected from
International: China (0%) and Morocco (blended rate of
circa 20%).
MUSH
BOOM!
TO THE
RESCUE
Perino 2.PH. Vitor
itor
43
AUSTRALIA'S BEST
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