issue 3, 2005 - Repak

REPAK TARGETSSales UpdateAs of the end of November we have achieved a newmembership revenue figure of €1,626,000. This is€326,000 ahead of forecast to date and €226,000above our year end target of €1,400,000.This is made up of 132 new regular members and 191scheduled new members. A special thanks to our symbolgroup members who helped drive the recruitment ofnew members from the symbol retail sector. The retailersymbol group special incentive scheme contributeda total of 150 new scheduled members.YEAR END TOTALYear end Target €1,400,000Actual Invoiced (YTD Nov) €1,626,083YTD Variance €326,0812005 Packaging recovery performance to dateTable 1 opposite displays the currentused packaging recovery performancefigures available vs. the budgettarget.According to our estimates, theend of year target will be met andexceeded marginally (535K targetvs. 549K actual). These figures willresult in Ireland achieving the 50%EU directive minimum benchmarktarget for the recovery of packagingarisings this year.Data in table 2 shows the predictedminimum recycling target perpackaging material. The figuresindicate that all minimum recyclingtargets have already been achieved.TABLE 12005 Recycled YTD (Oct.) Repak Yr. TargetMaterial Actual Tonnes Target Achievement %Wood 106,124 110,600 96Aluminium 2,182 3,700 59Steel 37,639 41,400 91Paper 189,738 246,925 77Glass 78,796 94,375 83Plastic 34,979 38,000 92YTD Total 449,457 535,000 84TABLE 2Material 2005 tonnes 15% min YTDType forecast on market 1 recycling 2 AchievementWood 160,089 24,013 CompleteMetal 101,905 39,820 CompletePaper 469,790 70,468 CompleteGlass 144,156 21,623 CompletePlastic 228,914 34,337 CompleteTotal 1,104,8541Forecast waste arising extrapolated from 2003 EPA NWDR - unadjusted for contamination294/62/EU minimum recycling target per material type10