Norco - Facts at a glance

Facts at a glance

AVERAGE MILK
PRODUCTION PER MEMBER FARM

1003
2018/19
000’s Litres
Financial Year 000's Litres
2018/19 1003
2017/18 1104
2016/17 1033
2015/16 1016
2014/15 968
2013/14 968
2012/13 933
2011/12 947
2010/11 923
2009/10 851
2008/09 866
2007/08 797

NUMBER OF MEMBER FARMS

194
2018/19
farms
Financial Year No.
2018/19 194
2017/18 201
2016/17 215
2015/16 218
2014/15 218
2013/14 181
2012/13 159
2011/12 160
2010/11 161
2009/10 165

TOTAL MEMBERS MILK INTAKE

195
2018/19
millions Litres
Financial Year million Litres
2018/19 195
2017/18 220
2016/17 222
2015/16 222
2014/15 211
2013/14 163
2012/13 151
2011/12 149
2010/11 137
2009/10 143
2008/09 121
2007/08 116

MEMBER RETURNS

Cents per Litre
Financial Year Ave Base Milk Price Step Ups Dividend Suppliers' Patronage Total Ave Members Return
2018/19 60.14 *0.19 0.76 61.09
2017/18 57.07 *0.27 0.64 57.98
2016/17 57.29 0.13 *0.25 0.51 58.18
2015/16 58.06 *0.24 0.52 57.30
2014/15 56.48 *0.22 0.52 57.22
2013/14 56.48 0.24 *0.22 0.52 57.22
2012/13 56.48 0.24 *0.22 0.52 57.22
2011/12 56.48 0.24 *0.22 0.52 57.22
2010/11 56.48 0.24 *0.22 0.52 57.22
2009/10 56.48 0.24 *0.22 0.52 57.22
2008/09 56.48 0.24 *0.22 0.52 57.22
2007/08 56.48 0.24 *0.22 0.52 57.22
*Dividend proposed for consideration at 2019 Annual General Meeting