BAL bellamy's australia limited

AGM Attendance and Questions, page-7

  1. 22 Posts.
    2) If you watch this video, it is mentioned by Laura, some initial works are being done to see if they can enter the Indonesian market - sound to me like some feasibility studies and business case, might not yet be off the ground. https://switzersuperreport.com.au/video/laura-mcbain/

    My questions:
    1. Of the 15-20m signaled increase in spending, do they have a breakdown? How much will be spend on marketing, how much will be spend on staff? How much on admin and senior management?
    2. Is the 2H16 gross margin (48%) sustainable to 1H17, FY17 and beyond?
    3. China's EBIT margin dropped from 43% in 1H16 to 31% in 2H16, any reasons? - this is quite concerning to me.
    4. What is the current FTE count? Can't find this info in the report.
    5. How much supply does the Fonterra deal add to the existing pool? doesn't have to be an exact number, a rough percentage will do...
    6. As sales in China will become more and more significant, is there any currency hedging strategy in place?

    Thank you to whoever brings these questions up to management
 
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