The a2 Milk Company (A2M) 2021年年度报告「ASX」.pdf

1、THE a2 MILK COMPANY LIMITED 2120ANNUAL REPORTARBN:158 331 965T H E a 2 M I L K C O M P A N Y A N N U A L R E P O R T 2 0 2 101FY21 highlights 2Our Chair 5CEOs year in review 8Approach to sustainability 19Corporate governance 38Directors 40Executive Leadership Team 42Governance 44Remuneration 48Finan

2、cial statements 54Other information 106C O N T E N T ST H E a 2 M I L K C O M P A N Y A N N U A L R E P O R T 2 0 2 132Growth has been impacted but we are in a strong position for recovery.Weare moving forward,focusing on long-term goals and striving to bebetter.P R O D U C T S E G M E N T R E V E N

3、 U E*$240.5mLiquid milk 8.3%$913.8mInfant nutrition 35.8%$52.4mOther nutrition 38.5%R E G I O N A L P E R F O R M A N C E*A S I A P A C I F I C15.4%Chinalabel infant nutrition51.8%English label1infant nutrition10.8%Australian milk sales3.7%Revenue22.8kStore distribution26.8kStore distributionU S AG

4、R O U P P E R F O R M A N C E*$1.21bnRevenue 30.3%$80.7mNPAT 79.2%$123.4mEBITDA 77.6%10.86cEarnings per share 79.3%$89.4mOperating cash flow$875.2mCash on hand*From continuing operations1 Includes Hong Kong and Korea labelT H E a 2 M I L K C O M P A N Y A N N U A L R E P O R T 2 0 2 154Dear Sharehol

5、derThere is no hiding from the fact that it has been a very challenging year for The a2 Milk Company.We also know that it was a challenging year for you,our shareholders,in many ways.We have been particularly disappointed,in that context,with our Companys performance and the pressure this has put on

6、 our share price over the past year.I dont need to explain to you that we as a Company,along with all of us individually,have experienced an extended period of great uncertainty and volatility,including as a result of the COVID-19 pandemic.During this period of volatility,the normal behaviours of bo