1、2013-2014The a2 Milk CompanyTM1SThe a2 Milk Company Annual Report 2013-14#a2MilkStoriesHello worldAt The a2 Milk Company,ourbusiness was founded on asimple yet profound discovery:that different cows producedifferent milk proteins that behave differently in many people s bodies.Milk that s naturally
2、rich in the A2 protein(and free from A1 beta casein protein)has been found by manyto be easier on digestion.Once this was uncovered it wasonly natural that we establish theworld s first pure a2 dairy company.Ever since,The a2 Milk Companyhas been pioneeringthe scientific understanding,proprietary kn
3、ow-how andcommercialisation of a2 Milkproducts around the world.Welcome to The a2 Milk Company.Hello world2013-20141OUR MISSION ISTO PIONEER a2 MILKAND MAKE ITS UNIQUE HEALTH BENEFITS UNDERSTOOD AND AVAILABLE TO MANY AROUND THE WORLDThe a2 Milk CompanyTMYear at a glance4Chairman s report6Our history
4、10CEO s report12 Financials24Notes to fi nancials32Corporate governance78Additional information82Corporate directory92ContentsContents2013-2014The a2 Milk CompanyTM3“The Company today is stronger and better positioned than at any time previously.”CJ Cook,ChairmantostrengthSignificant advances in und
5、erstanding the science that underpins the benefits of products free from A1 beta caseinPioneering new marketsAdvancement in new proprietary quality control systems and processesBuilding a bigger,more capable a2 Milk team for continued growth momentumFrom strengthYear at a glanceBringing more people
6、back to the pleasure and goodness of real and natural milkBuilding a globally relevant icon brand under a new unified corporate identityInnovation momentum building behind expandedproduct portfolioDeveloping meaningful commercial partnerships2013-201452013-20144Dear ShareholderI am pleased to report