GrainCorp 0809 Wheat Pool– WA

							      GrainCorp 08/09 Wheat Pool– WA
Simple and Transparent
• Standardised and simple paperwork
• GrainCorp Pools calculator provides clear transparency for estimated costs
• Fixed administration and management fee (1.75% of FOB pool return)

Pricing
• Estimated Pool Returns (EPR’s) are quoted Free On Board (FOB) NETT of management fees
• Increments paid on protein, screenings and moisture for most grades
• No Underwriting
• Further details can be obtained from your local AGA Grain Merchant or by using the GrainCorp Pools
Calculator via www.graincorp.com.au

GrainCorp Pools Calculator – Online
• Our Pools Calculator takes the guesswork out of payments by showing the estimated breakdown of
your pool returns and payment schedule with estimated costings and increment values included
• It is readily accessible via www.graincorp.com.au

Delivery
• The GrainCorp WA Wheat Pool operates at CBH sites in all port zones
• Nominate GrainCorp Pools as your marketer and quote your CBH number upon delivery or
  transfer. Then choose your preferred payment option
• Pools can close without warning. To guarantee that you will be able to deliver to a specific Pool, you
can take out a Multi-Grade Pool contract through your local AGA Merchant
Harvest Payment Option
           2008/2009 Tax Year                                   2009/2010 Tax Year
65% Harvest Payment                          Up to 15% Second              Final Payment May 2010
(65% income, less 100% deductions)           Payment September 2009
Note: The exact amount and timing of each Payment will be at the discretion of the Pool Manager



Deferred Payment Option
2008/2009 Tax Year                                    2009/2010 Tax Year
0% Harvest Payment       65% First Payment July        Up to 15% Second           Final Payment May
                         2009 (65% income, less        Payment October            2010
                         100% deductions)              2009
Note: The exact amount and timing of each Payment will be at the discretion of the Pool Manager




              GrainCorp Operations Limited 52 003 875 401(as agents for GrainCorp Pools Pty Ltd)
Standard Harvest Loan*                                   Flexible Harvest Loan*
• Simple paperwork                                        • Line of Credit based on 70% of Harvest Payment EPR
• Competitive interest rate                               • Quick and convenient drawdown facility
• 70% Harvest Payment 21 days EOW                         • Loan automatically repaid from Pool Distributions
• Loan can be repaid independently of Pool Distributions


* NOTE:
• Grower pays GST on income distributions only and the initial loan payment is not GST taxable
• In order to meet your GST payments to the ATO you will need to set aside funds
Standard and Flexible Harvest Loan
2008/2009 Tax Year                                              2009/2010 Tax Year
 Harvest             April 09             July 09            Oct 09              Jan 10                May 10
                st                   nd
Loan          1                    2                    3rd                 4th                 Final
70% of        Distribution         Distribution         Distribution        Distribution        Distribution
Harvest       Up to 20%.           Up to 20%.           Up to 20%.          Up to 20%.          Income goes
Payment       The Income           The Income           The Income          The Income          towards paying
Estimate      goes towards         goes towards         goes towards        goes towards        off loan. Any
Paid          paying off loan      paying off           paying off          paying off          remainder paid
                                   loan                 loan                loan                to grower
Note: The exact amount and timing of each distribution will be at the discretion of the Pool Manager


Distribution Pool
• No payment at harvest
• Periodical payments made throughout the life of the pool
• No finance charges
2008/2009 Tax Year                                              2009/2010 Tax Year
 Harvest             April 09             July 09            Oct 09              Jan 10                May 10
Harvest       1st                  2nd                  3rd                 4th                 Final
No            Distribution         Distribution         Distribution        Distribution        Distribution
Payment       Up to 20%.           Up to 20%.           Up to 20%.          Up to 20%.          Up to 20%.
              Less Up to           Less Up to           Less Up to          Less Up to          Less Up to
              20%                  20%                  20%                 20%                 20%
              deductions           deductions           deductions          deductions          deductions
Note: The exact amount and timing of each distribution will be at the discretion of the Pool Manager

     • For all enquiries please call your local AGA Grain Merchant on 08 9430 7800
     • OR contact GrainCorp Pools on 1800 809 482                      OR     www.graincorp.com.au



                  GrainCorp Operations Limited 52 003 875 401(as agents for GrainCorp Pools Pty Ltd)