1、 Australian Agricultural Company Limited ABN 15 010 892 270 2006 Annual Report ASX Announcement No.18/07 19 April 2007 A copy of the 2006 Annual Report for the Australian Agricultural Company Limited(“AAco”)is attached.Issued by:Bruce Bennett Company Secretary(07)3368 4400 .au Annual Report 2006Aust
2、ralian Agricultural Company LimitedAAco s northern properties,where most of the Company s breeding cattle are located,had strong rainfall in 2006 ensuring our herd performed well.ContentsChairmans Report 4CEOs Report 8Financial Statements 16Directors Report 17Corporate Governance 38Independent Audit
3、 Report 93ASX Additional Information 95AAco Property Report 96About AAcoAustralian Agricultural Company Limited(AAco)is the worlds leading beef producer with more than 550,000 cattle on 27 properties covering almost 8 million hectares in Queensland and the Northern Territory.Established in 1824 by r
4、oyal decree,AAco is the oldest agricultural company in Australia.The Company re-listed on the Australia Stock Exchange in 2001.One of AAcos key competitive advantages is its production system,which delivers certainty of supply of high quality traceable beef to its customers in Australia and around t
5、he world.Annual General MeetingThe Annual General Meeting of the Company will be held at 10.00am on Thursday 24 May 2007 at Meeting Room 1,Mezzanine Level,Brisbane Convention&Exhibition Centre,Cnr Merivale&Glenelg Streets,South Bank,Brisbane,Queensland.2006 in SummaryDespite difficult seasonal condi
6、tions in 2006,AAco:Increased beef production by 9%Improved calving rates from 67%to 71%Grew the herd by 11%Undertook strategic property transactions that underpinned efficiency gains for the future Made the strategic acquisition of the Westholme Wagyu stud herd,in keeping with our focus on creating