1HCY21 Results Presentation

Balance Sheet >> A$m Jun-21 Dec-20 Variance Key Highlights Cash & cash equivalents 97.0 32.5 64.5 Receivables 125.4 100.9 24.5 Inventories 25.2 27.0 (1.8) Biological assets 53.1 58.3 (5.2) Equity accounted investments 25.2 21.6 3.6 Intangibles 221.0 209.5 11.5 Increase in Cash on Hand consistent with timing of receipts from end of International season. о Increased investment in Net working capital of $12m (Dec20: -$7.2m) consistent with seasonal programs across the group. Expect 2H to reverse. Property, plant & equipment 566.4 515.7 50.7 ROU Assets 294.4 302.8 (8.4) Other assets 49.4 37.2 12.2 Total Assets Payables 1,457.1 1,305.5 151.6 138.6 135.1 Borrowings 305.0 176.3 3.5 128.7 О Net Debt $208.0m (Dec20: $143.8m) Increase in debt levels due to working capital investment and on-balance sheet support for business acquisitions in period including KW Orchards citrus farm. Provisions 31.5 30.9 0.6 Lease liabilities 309.5 318.1 (8.6) Other liabilities 21.7 28.4 (6.7) Total Liabilities 806.3 688.8 117.5 Net Assets 650.8 616.7 34.1 itor AUSTRALIA'S BEST AUSTRALIA'S BEST 1HCY21 Results African Blue Presentation Moraccols finest blueberries Only the Finest Berries Driscoll's Kalady fingers LOVACADO. Aussie avos. From Costa. MUSH BOOM! TO THE RESCUE Perino 2.PH. Vitor 1. Net working capital is calculated as receivables + inventories - payables 20 20

View entire presentation