Professor Gerry Boyle:

Up to this year, the farm has been building up significant reserves. It has been useful as a demonstration facility for other farms because it is a full-cost model. For example, all of the labour and land are fully costed. There is no other entity that has that financial data. It is not available in a normal farming situation. The farm was also affected by the drought to a significant degree. There were substantial extra costs incurred this year in particular.