• Total payments made to the Government during the year were A$42.7 million
consisting of dividend and tax equivalence payment totalling A$22.7 million and a
special dividend relating to a return of retained earnings on Corporatisation
of A$20.0 million.

• 1.53 million cubic metres of log products were harvested from ForestrySA
plantations.

• 2623 hectares were planted on ForestrySA land of which 2603 hectares were
radiata pine. First rotation planting amounted to 540 hectares.

• Significant progress towards certification to the International environmental
standard ISO 14001:1996.

• Re-certification to the International Quality Standard ISO 9002:1994.• Compulsory environmental awareness training for all employees.

• Introduction of fire fighting fitness standards for ForestrySA fire fighters.



THE SOUTH AUSTRALIAN FORESTRY CORPORATION
	Contents >> Corporate Score Card >> Executive Introduction >> Corporate Overview >> Legislation Administered by the Corporation >> Significant Achievements and Inititives >> Key Initiatives and Targets for 2002/03 >> The Corporation Structure >> SA Forestry Corporation Board >> Business Performance >> Production Activities >> Forestry Protection >> Community Service Activities >> Corporate Sustainability >> Equal Employment Opportunity Programs >> Contractual Arrangements >> Fraud >> Use of Consultants >> Freedom of Information Statement >> Charter of the SA Forestry Corporation >> Forest Statistics >> Forestry SA Reserves >> Financial Statement • FinancialPerformance for the year ended 30 June 2002 • Financial Position as at 30 June 2002 • Cash Flows for the year ended 30 June 2002 >> Notes to and forming part of the Financial Statement • 1 Role and Function of the SAFC • 2 Accounting Policies • 3 - 13b • 14 - 24 • 25 - 28 • 29 Combined Full Year Results >> Auditor General’s Report	SIGNIFICANT ACHIEVEMENTS AND INITIATIVES 2001/2002

			• Trading profit was A$35.5 million before forest revaluation and tax. This is an increase of 8.8 percent from 2000/2001. • Total payments made to the Government during the year were A$42.7 million consisting of dividend and tax equivalence payment totalling A$22.7 million and a special dividend relating to a return of retained earnings on Corporatisation of A$20.0 million. • 1.53 million cubic metres of log products were harvested from ForestrySA plantations. • 2623 hectares were planted on ForestrySA land of which 2603 hectares were radiata pine. First rotation planting amounted to 540 hectares. • Significant progress towards certification to the International environmental standard ISO 14001:1996. • Re-certification to the International Quality Standard ISO 9002:1994.• Compulsory environmental awareness training for all employees. • Introduction of fire fighting fitness standards for ForestrySA fire fighters.