1. Background of the Business
Tipperary Co-operative Creamery Ltd. is owned by 1,800 shareholders. The Co-op is governed and structured by a Board of Directors and Advisory Committee. The Board is made up of twelve directors and the Advisory comprises ninety-two members.
2. Financial performance
| Highlights | |||
| FINANCIAL STATISTICS | |||
| 2010 | 2009 | ||
| €’000 | €’000 | ||
| Sales | 146.401 | 125,279 | |
| Profit/(Loss) before taxation | 784 | 369 | |
| Shareholders funds | 25,387 | 24,758 | |
| OPERATIONAL STATISTICS | 2010 | 2009 | |
| Gals ’000 | Gals ’000 | ||
| Milk Intake | Own suppliers | 24,075 | 22,906 |
| Milk Intake | Other Purchases | 19,963 | 19,000 |
| Production Tonnages | 2010 | 2009 | |
| Butter | 8,762 | 7,285 | |
| Milk | 16,787 | 15,646 | |
| Cheese | 5,494 | 6,452 | |