Wairarapa Moana Incorporation

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Wairarapa Moana Incorporation
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Profile
2,700 shareholders 125m total assets Exchange
for Lake Wairarapa 10,695 hectares land base
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Profile
Sheep Beef Unit 1,325 hectares Dairy Unit
2,870 hectares Forestry Block 6,500 hectares
Total 10,695 hectares
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Profile
Total Assets 125m
Asset Portfolio Mix
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Key Drivers

• Leadership at all levels
• Strategic and Operational Direction
• Strong commercial performance, utilises
  sustainable practices
• Shareholder pride
• Develop social capital and distribute social
  dividend
• Farm Development - flexible sustainable Farming
  Models
• Sheep Beef Intensification - Maori Farmer of
  Year
• Dairy Development Direct Milking
• Benchmarking
• Enterprise Award
• Comprehensive Benchmarking (top to bottom)
• Showcased for governance excellence
• Dairy recognised as one of leading corporate
  farmers by peers
• Engaging collaborative RD
• Internationalisation (eg Western Australia)

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Strategic Plan 2005

• Implemented SBU intensification Plan
• Water and fencing completed
• Farm data-base designed
• Dairy
• Focused on Milksolids cost of production
• Implemented SM contract changes
• Prepared for Owner-operator model

SBU

• Achieve profit targets(EFS/ha)
• Achieve capital/equity growth targets
• A regular and growing annual dividend

Pay a Dividend

• Net wealth of shareholders improved
• Return on Capital targets reached
• Debt/Equity ratio achieved
• Investment opportunities developed

Growth Beyond Current Asset
Tasks 04/05

• SBU
• Continue regrassing/cropping programs
• Input into training/education programs
• Fully analyse stock health program
• Monitor trial crops -
• Dairy
• Implement CMR program for Dairy Farms
• Farm One Owner-operator commissioned
• Prepare for irrigation Farm One
• Undertake 2nd Stage water-consent

• Benchmarking against peers
• Preferred employer
• Industry recognition
• JV/Partnerships identified

Industry Leader

• Environmental plan developed
• Land-use investment prioritised
• Achieve regulatory standards

Protect and Enhance the Land Asset
Shareholder Pride

• Shareholder survey undertaken
• Bi-annual reports to shareholders
• Increasing attending AGM

Communicationand Information
On-going Enterprise Analysis
Seek Competitive Advantage
Integrated Management Team
Enterprise Business Plans
Training Development
Manage Threats and Opportunities
Pathways
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Leadership Direction
Vision Statement To create a unique identity of
culture, leadership innovation
CommercialDevelopment
SocialDevelopment
PouakaniFarms
EducationInitiatives
Wairarapa MoanaLeadership Plan

Other Investmentse.g. LACTANZ
HealthInitiatives
TreatySettlementNegotiations
CulturalInitiatives
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Leadership Direction
Vision Statement To create a unique identity of
culture, leadership innovation
Environmental Care Plantings, Wetlands, Water
quality protection Nutrient management
Quality M SystemsDairy /Market Focused QA SBU
/QMHealth Safety program(OSH approved)
Te Pouakani Farms Leadership Plan

Database Farm mapping Farm x farm
Physical/financial details
Education/ TrainingOn-farm coursesScholarships
Business Success ethical practices profitable/inno
vative people focused
Tourism Farm experienceRiver jets, fishingBush
walks
Farm Business Dairy, Sheef, Beef,
Forestry,Property
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Pouakani Farms
Sheep Beef Unit 1,325 hectares Dairy Unit
2,870 hectares Forestry Block 6,500 hectares
Total 10,695 hectares
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Pouakani Dairy Development
Sheep Beef Unit 1,325 hectares Dairy Unit
2,870 hectares Forestry Block 6,500 hectares
Total 10,695 hectares
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Pouakani Dairy Development

• Employ top-class Manager (highly skilled)
• Aim for 3 herds of 750 cows
• Add up to two new Rotary cowsheds
• retain 50 aside herringbone on farm 9
• Ensure technology is future proofed at
• set-up

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Pouakani Dairy Development

• Improves shareholder returns
• Offers real advantages of business
• synergies between dairy SBU
• - choices in breeding stock types
• - people machinery efficiency
• Offers opportunity for specialised dairy product
• Allows Pouakani Farms to support WM Trust on-farm
  training objectives

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Sheep Beef Intensification Innovation
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Sheep Beef Intensification Innovation
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Sheep Beef Intensification Innovation
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Sheep Beef Intensification Innovation
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Sheep Beef Intensification Innovation
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Sheep Beef Intensification Innovation
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Stocking Rate
Sheep Beef Intensification Innovation
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Cost of Production
Sheep Beef Intensification Innovation
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Sheep Beef Intensification Innovation
Gross Income,Expenses EFS
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Sheep Beef Intensification Innovation

• Within The Farm
• Hi-tech software tools
• Farmax
• Resolution
• Rural Cash Manager
• Racewell electronic eye weigh scales
• Electro-quip electronic eye dip
• All waterways fenced
• Undertaken Native regeneration
• Underpass internalises stock movements
• Lane network creates efficiency
• Small stock holding yards within lanes
• Research projects running
• Created huge interest
• Shareholders
• Dexcel
• Ag ITO

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Sheep Beef Intensification Innovation

• Into The Future
• Nutrient budgeting
• Remote water monitoring
• Remote electric fence monitoring
• Security perimeter fencing
• Positioned to capture EID opportunities
• Rapid adoption of technology

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Technology
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Technology
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Sustainability
Water Quality Sampling
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Collaboration

• International
• LACTANZ
• Western Australia
• PKW, Mawhera Inc, WMI
• FoMA
• Clusters
• Members directly

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Research Development

• Collaborative
• FoMA Clusters
• Relationships with CRIs
• Tapping into commercialisation

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Conclusion

• Leveraging up for us and our children
• Power in working together
• Value Chain positioning
• Hardwired into our nation
• Sustainable business, social and cultural
  development models
• In best interest of our nation

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Maori Economic Development
Awakening of the sleeping giant