2022 Annual Results
Capital invested
109
41
16
Capital
invested
by business
units ($m)
27
24
16 14
444
33
Group
Operations
162
36
capital
invested ($m)
36
54
42
Fonterra
Dairy for life
Group Operations
Asia Pacific
AMENA
Group Functions
Greater China
Health, Safety and Risk
Wastewater
Decarbonisation
Information Technology
Other
Milk Collections Assets
Electrical Infrastructure
Food Safety and Quality
Buildings
Innovation
The majority of our capital invested is allocated to
Group Operations to ensure our processing sites
are fit for purpose
Key projects for FY22 include:
wastewater upgrades at our Te Awamutu and
Tirau site
biomass boiler installation to replace coal at
several sites
improving refrigerant technology at Whareroa
Asia Pacific's capital spend included acquiring a
secondary cheese processing site in Australia to
further expand our cheese manufacturing lines
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