1、REAL FOOD LIMITEDannual reportFOR THE YEAR ENDED JUNE 2020For personal use onlyFor personal use onlyFor personal use onlyFor personal use only1Contents Chairman Letter 5CEO Letter 8Directors Report 18Auditors Independence Declaration 32Consolidated Statement of Profit or Loss and Other Comprehensive
2、 Income 34Consolidated Statement of Financial Position 35Consolidated Statement of Changes in Equity 36Consolidated Statement of Cash Flows 37Notes to the Financial Statements 38Directors Declaration 81Independent Auditors Report 82Additional Shareholder Information 88Corporate Directory 89OLIVERS R
3、EAL FOOD LIMITED2020 ANNUAL REPORTFor personal use onlyFor personal use onlyFor personal use onlyFor personal use onlyFor personal use onlyFor personal use onlyFEED YOUR GOOD LIKE BEANS“WOULD YOUWITH THAT?”LIKE BEANS“WOULD YOUWITH THAT?”For personal use onlyFor personal use only5best things that has
4、 happened since I addressed you all at the AGM,is that I truly believe we have found that person in Tammie Phillips who commenced in the role of CEO on June 17th 2020.As the founder and chairman,I am completely confident that Tammie has the required passion and belief in our brand,as well as the ide
5、al experience and background to drive the change that is needed to deliver the results that we all want to see,and believe this business can generate.Tammie as our new CEO,enjoys the full support of a board that has an intimate understanding of this business and its operations,and a management team
6、that are inspired by her passion for and knowledge of this market segment.Sustainable growth:The other thing that was obvious to me was that we needed to find a way to leverage our brand and find a way to grow the business,without the constant need for significant capital to fund that growth.We have