SUSTAINABILITY REPORT 2015

Our Company
Since the opening of our marine
sites in 1986, Tassal has grown from
a privately-owned operation to a
major public company listed on the
Australian Stock Exchange in 2003
(ASX code: TGR).
We strive to achieve operational
excellence, while protecting our core
values around quality, community and
the environment. Tassal is committed to
taking a leadership role in sustainability
in aquaculture and Seafood sourcing.
Tassal is a vertically integrated company
that includes freshwater hatcheries,
saltwater aquaculture, Salmon
processing, and value adding stages
through to distribution, wholesaling
and export. Tassal is Australia’s largest
producer of fresh Salmon products.
Our controlled entities are Tassal
Operations Pty Ltd and Aquatas Pty Ltd,
based in Australia. Our head office is
located in Hobart, Tasmania.
Our Financial Performance
($Am)
2015
2014 % Change
Statutory results
Revenue
EBITDA
EBIT
NPAT
309.79 266.33
+16.3%
93.97 78.60
+19.5%
75.60 63.13
+19.7%
49.99 41.06
+21.8%
Operating results
Operating EBITDA
Operating EBIT
Operating NPAT
Operating cashflow
Final dividend - cps
Total dividend - cps
Gearing ratio
Funding ratio
72.59 63.55
+14.2%
54.22 48.08
+12.8%
35.03 30.52
+14.8%
42.70 50.63
-15.7%
7.00 6.00
+16.7%
14.00 11.50
+21.7%
17.60% 15.41%
34.89% 29.13%
* A comprehensive overview of our financial data is available in the Tassal Group Limited Annual Report 2015: www.tassal.com.au/annual-reports
10 Tassal Sustainability Report 2015