CWB Annual Report Available

[charliep]

For those who enjoy reading and financial statements, the 2010/11 annual report is available.

[URL="http://www.cwb.ca/public/en/about/investor/annual/"]CWB Annual Report[/URL]

The contingency fund is over $100 million from 17 million at the end of the previous crop year (page 53).

Performance measures are on page 32 (someone can explain them to me).

Something new this year is the annual report contains disclosure on which directors used producer payment options on page on page 14.

I will have to spend some time reading the annual report myself.

[bucket]

Lots of questions about the report but its just a matter of record now, does it really matter?

They usually have better breakdowns for demurrage/despatch, but we all know they had some big demurrage bills in that crop year.

The only measure of success is that they are no longer mandatory. I can't explain that stuff on page 32.