co-operative federation of nsw limited overview of co-operatives in nsw
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Co-operative Federation of NSW Limited
Overview of Co-operatives in NSW
Overview of Co-operatives in NSW
NSW Co-operatives – 2006 data
Turnover $4,690 millionCost of Goods Sold $2,938 million
Net profit $71 million
Export revenue $391 million
Overview of Co-operatives in NSWFigures quoted from “State of the Sector Report NSW
Co-operatives 2006” Registry of Co-operatives and Associations
NSW Co-operatives – 2006 data
Total assets $2,199 million
Net assets $967 millionafter deducting share capital of $287 million
Overview of Co-operatives in NSWFigures quoted from “State of the Sector Report NSW
Co-operatives 2006” Registry of Co-operatives and Associations
NSW Co-operatives – 2006 data
Turnover $4,690 million
45% manufacturing20% retailing16% wholesaling 8% agriculture, forestry & fishing 4% accommodation, cafes & restaurants
Overview of Co-operatives in NSWFigures quoted from “State of the Sector Report NSW
Co-operatives 2006” Registry of Co-operatives and Associations
NSW Co-operatives – 2006 data
Turnover $4,690 million
NSW Gross State Product $310,091 million
33% of Australian GDP
Overview of Co-operatives in NSWFigures quoted from “State of the Sector Report NSW
Co-operatives 2006” Registry of Co-operatives and Associations
NSW Co-operatives – 2006 data
Turnover $4,690 million
Trading co-operatives $3,562 million
Non-Trading co-ops $1,128 million
Overview of Co-operatives in NSWFigures quoted from “State of the Sector Report NSW
Co-operatives 2006” Registry of Co-operatives and Associations
NSW Co-operatives – 2006 data
Export revenue $391 million
Agriculture, forestry & fishing 64%
Manufacturing 35%
Overview of Co-operatives in NSWFigures quoted from “State of the Sector Report NSW
Co-operatives 2006” Registry of Co-operatives and Associations
NSW Co-operatives – 2006 data
Number of members 1,528,042But one large co-op has >1.2 million
NSW population 30/6/07 estimated at 6.9 million – total Australian population 21 million
Overview of Co-operatives in NSWFigures quoted from “State of the Sector Report NSW
Co-operatives 2006” Registry of Co-operatives and Associations
NSW Co-operatives – 2006 data
Number of employees 9,721
Member directors 4,403
Employee directors 68
Independent directors 48
Overview of Co-operatives in NSWFigures quoted from “State of the Sector Report NSW
Co-operatives 2006” Registry of Co-operatives and Associations
NSW Co-operatives – 2006 data
Registered co-operatives 30/6/06 643
Trading 159
Non-trading with shares 302
Non-trading without shares 182
Overview of Co-operatives in NSWFigures quoted from “State of the Sector Report NSW
Co-operatives 2006” Registry of Co-operatives and Associations
Co-operative Federations
in Australia
State based legislation – state based Federations
Overview of Co-operatives in NSW
NSW Federation
•Provides advice to members
•Provides & encourages training
•Runs conference every 18 months
•Funded by fees based on turnover
Overview of Co-operatives in NSW
Registered co-operatives across ANZSIC industry sectors 2005-2006Industry Sector 2005-06A Agriculture, Forestry & Fishing 29.5C Manufacturing 15.8D Electricity, Gas & Water Supply 11E Construction 1F Wholesale Trade 44.3G Retail Trade 49.9H Accommodation, Café & Restaurants1 77I Transport & Storage 31J Communication Services 1K Finance and Insurance 7L Property & Business Services 95.5N Education 26O Health & Community Services 48.5P Cultural & Recreational Services 74Q Personal & Other Services 31.5
Total 643
Overview of Co-operatives in NSWFigures quoted from “State of the Sector Report NSW
Co-operatives 2006” Registry of Co-operatives and Associations
Agriculture Codes include:
Cut Flower and Flower Seed GrowingGrain GrowingSheep FarmingBeef Cattle FarmingPoultry Farming (Meat)Crop and Plant Growing n.e.c.Cotton GinningServices to Agriculture n.e.c.Services to Forestry
Overview of Co-operatives in NSW
Manufacturing Codes include:Meat ProcessingMilk and Cream ProcessingDairy Product Manufacturing n.e.c.Fruit and Vegetable ProcessingSugar ManufacturingFood Manufacturing n.e.c.Wine ManufacturingTobacco Product ManufacturingCardigan and Pullover ManufacturingWood Product Manufacturing n.e.c.Pulp, Paper and Paperboard ManufacturingServices to PrintingOther Periodical PublishingBook and Other PublishingPetroleum and Coal Product Manufacturing n.e.c.Fertiliser Manufacturing
Overview of Co-operatives in NSW
Co-operatives according to geographic locationRegional Number of classification co-operatives Turnover
Central West 41 $44,537,181Far West 1 $120,882Hunter 80.5 $136,895,334Illawarra 27.5 $41,428,605 Mid North Coast 47.5 $218,880,825Murray 18 $37,923,781Murrumbidgee 10 $65,228,471North Western 30 $30,808,438Northern 17 $372,888,628Richmond-Tweed 39.5 $382,904,641South Eastern 96 $341,584,072Sydney Inner 134.5 $1,940,846,767Sydney Outer 71.5 $1,066,725,302Sydney Surrounds 18 $6,743,452Other 2 $2,604,217Total 634 $4,690,120,596
Overview of Co-operatives in NSWFigures quoted from “State of the Sector Report NSW
Co-operatives 2006” Registry of Co-operatives and Associations
Regions in NSW
Overview of Co-operatives in NSW
NSW Co-operatives – 2006 data
Dividends $9 million
Rebates $4 million
Overview of Co-operatives in NSWFigures quoted from “State of the Sector Report NSW
Co-operatives 2006” Registry of Co-operatives and Associations
Generalisations
Not historically important in Australia, compared to other countries
Few new co-ops being incorporated
Overview of Co-operatives in NSW
Unrecognised possibility
Current ethos is individualism
Professionals don’t understand
Co-operative Activities
Organisations that use profits to achieve aims/activities - rather than use activities to achieve profits
Profits may not be in co-op but directly in hands of members – may not even be in turnover
Overview of Co-operatives in NSW
Boards
Basically answerable to Corporations Act
Tendency to have Board members too long
Not enough training
Hard to leave personal interests at meeting room door
Usually spend too much time on history
Often want to manage
Overview of Co-operatives in NSW
Co-operatives
Don’t spend enough time reminding members why the co-op is a co-op
Not many have subsidiaries
Tax rules give advantages
Government tends to ignore most of the time
CCUs
Overview of Co-operatives in NSW
• Website address
• www.coopsnsw.org.au
Co-operative Federation of NSW Limited