Half Year Results June 2018

DIRECTORS’ REPORT
Group
T&G Global Limited and its subsidiary companies (the Group) have recorded an unaudited profit after tax of $3.3
million for the six months ended 30 June 2018. Although this represents a $9.4 million decrease from $12.7
million compared to the first six months of 2017, the prior period result included an $8.2 million gain recognised
from the first-time consolidation of Worldwide Fruit Limited into the Group, and a $1.7 million gain from selling
the assets of the Group’s Floramax business. The Group has also recorded a higher tax expense at June 2018
compared to the prior year as there have been more taxable profits generated in the first six-months of 2018.
At an operating profit level for the first six months of the year, the Group improved $3.0 million from $7.5
million to $10.5 million. Revenue for the first six months of 2018 also improved by $70.6 million from $511.2
million in 2017 to $581.7 million in 2018.
Pipfruit
The Pipfruit division benefited from an earlier harvest in 2018, resulting in fruit moving into the market quicker
than in the first six months of 2017. The division was also able to take advantage of European apple shortages
caused by frosts in 2017.
These gains were offset by a lack of export quality fruit impacting sales in North America. Combined with lower
pricing driven by a smaller fruit size profile, revenue in the North American market decreased from last year.
Overall, the Pipfruit division recorded an increase in revenue of $60.1 million from $269.0 million in the first six
months of 2017 to $329.1 million over the same period in 2018. Over the same period operating profit increased
by $1.3 million to $13.1 million.
International Produce
The International Produce division also saw an increase in its revenue compared to the same period last year,
improving by $13.3 million from $113.4 million to $126.7 million. This improvement was driven mainly by sales
of produce exported from South America, particularly grapes, mangoes, and cherries.
Improvements were also seen in Australian export grapes and asparagus due to better weather conditions than
in the prior year. There was also an increase in sales in Pacific Island markets due to stronger relationships being
fostered with key retailers.
Overall the International Produce division recorded a $1.1 million increase in its operating profit, from $1.0
million in the first six months of 2017 to $2.1 million in 2018.
New Zealand Produce
Revenue of the New Zealand Produce division improved by $3.5 million from $108.4 million in 2017 to $111.9 million in 2018.
Despite this revenue improvement, operating profit decreased by $4.6 million from last year when there were exceptionally high
prices and margins.
Operating profit has been affected by unusually low prices experienced by the Covered Crop business unit early
in 2018 and lower production volumes of high value sweet tomato varieties. This combined with the loss of a
blueberry harvest because of rains experienced in Kerikeri have been the major drivers of the reduction in
operating profit.
Processed Foods
From April 2018, the Processed Foods division comprises solely of the Group’s Fruitmark businesses. The results
of T&G Processed Foods Limited (formerly ENZAFOODS New Zealand Limited) are presented as discontinued
operations for the six months to 30 June 2018 due to the sale of this business in April 2018. Prior year
comparatives have been restated for this segment to ensure comparability to the current year.
Revenue from continuing operations in the Processed Foods division decreased by $5.3 million from a restated
amount of $19.1 million in 2017 to $13.8 million in 2018, due mainly to the Australia Fruitmark business losing
supply contracts, changes in manufacturers production, and a greater targeting of higher valued and margined
products.
Other highlights
As the Group looks towards the future, one of its key strategies is to focus on growing the Group’s core
businesses. This strategy led to the Group’s divestment of several non-core businesses and investments during
the first six months of 2018, including ENZAFoods to Cedenco Foods New Zealand Limited and the Group’s
Kerikeri based kiwifruit orchards, post-harvest facilities, and business assets to Seeka Limited.
In March 2018, the Group declared a fully-imputed dividend of $0.06 per share which was fully paid in cash to
shareholders in April.

For more information please contact:

Joanne Jalfon
Head of Corporate Brand/Communications
T&G Global
Tel: + 64 27 201 2645
Email: joanne.jalfon@tandg.global

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Part A (Rules 10.3.2 and 10.4.2)
Appendix 1 - Preliminary Announcements - Half Year Results
Reporting periodSix months ended 30 June 2018
Previous reporting periodSix months ended 30 June 2017
Restated*
20182017
$'000$'000
Revenue from ordinary activities$581,681$511,19213.8%
Profit from ordinary activities after tax
attributable to security holders
$1,023$11,261-90.9%
Net profit attributable to security holders$1,023$11,261-90.9%
Dividend to shareholders
Amount per share
Imputed amount
per share
Final
$0.06$0.02
Dividend record date
Dividend payment date
20182017
$3.04$2.76
$0.024$0.079
Comments
Net tangible assets per share
Earnings and diluted earnings per share from continuing
operations
Financial commentary and unaudited condensed interim
financial statements are attached as part of this
announcement
T&G GLOBAL LIMITED AND SUBSIDIARY COMPANIES
Results for announcement to the market
Based on unaudited condensed interim financial statements
6 April 2018
13 April 2018
Percentage
change
* Prior year balances have been restated to ensure comparability with current year classifications

---

HALF YEAR REPORT
JUNE 2018
From tree
to table

Growing Together03
Directors’ Report05
Income Statement06
Statement of Comprehensive Income07
Statement of Changes in Equity08
Balance Sheet09
Statement of Cash Flows10
Notes to the Financial Statements11
Directory22
CONTENTS
T&G Young Gardener of the Year 2018 launch

T&G Young Gardener of the Year 2018 launch

A key strategic pillar for T&G is to focus
on growth. That means strengthening
key product categories, focusing on
growth markets and growing our
people.
As growers ourselves, we understand
the needs of our thousands of grower
partners around the globe and the
processes involved in getting fresh
produce to market in the best condition
for the optimal price, everyday.
We’re proud to have worked with
growers for 121 years and to be
contributing to a healthier world
for everyone.
GROWING
A GLOBAL
BUSINESS
GROWING
TOGETHER
T&G Global Limited and subsidiary companies
I
03

2018 HALF
YEAR RESULTS
Revenue Profit after income tax
$581.7m$3.3m
Total assetsNet tangible assets per share
$998.2m$3.04

Group
T&G Global Limited and its subsidiary companies (the
Group) have recorded an unaudited profit after tax of $3.3
million for the six months ended 30 June 2018. Although
this represents a $9.4 million decrease from $12.7 million
compared to the first six months of 2017, the prior period
result included an $8.2 million gain recognised from the
first-time consolidation of Worldwide Fruit Limited into the
Group, and a $1.7 million gain from selling the assets of the
Group’s Floramax business. The Group has also recorded a
higher tax expense at June 2018 compared to the prior year
as there have been more taxable profits generated in the
first six-months of 2018.
At an operating profit level for the first six months of the
year, the Group improved $3.0 million from $7.5 million to
$10.5 million. Revenue for the first six months of 2018 also
improved by $70.6 million from $511.2 million in 2017 to
$581.7 million in 2018.
Pipfruit
The Pipfruit division benefited from an earlier harvest in
2018, resulting in fruit moving into the market quicker than
in the first six months of 2017. The division was also able
to take advantage of European apple shortages caused by
frosts in 2017.
These gains were offset by a lack of export quality fruit
impacting sales in North America. Combined with lower
pricing driven by a smaller fruit size profile, revenue in the
North American market decreased from last year.
Overall, the Pipfruit division recorded an increase in revenue
of $60.1 million from $269.0 million in the first six months
of 2017 to $329.1 million over the same period in 2018. Over
the same period operating profit increased by $1.3 million to
$13.1 million.
International Produce
The International Produce division also saw an increase
in its revenue compared to the same period last year,
improving by $13.3 million from $113.4 million to $126.7
million. This improvement was driven mainly by sales of
produce exported from South America, particularly grapes,
mangoes, and cherries.
Improvements were also seen in Australian export grapes
and asparagus due to better weather conditions than in
the prior year. There was also an increase in sales in Pacific
Island markets due to stronger relationships being fostered
with key retailers.
Overall the International Produce division recorded a $1.1
million increase in its operating profit, from $1.0 million in
the first six months of 2017 to $2.1 million in 2018.
New Zealand Produce
Revenue of the New Zealand Produce division improved by
$3.5 million from $108.4 million in 2017 to $111.9 million in
2018. Despite this revenue improvement, operating profit
decreased by $4.6 million from last year when there were
exceptionally high prices and margins.
Operating profit has been affected by unusually low prices
experienced by the Covered Crop business unit early in 2018
and lower production volumes of high value sweet tomato
varieties. This combined with the loss of a blueberry harvest
because of rains experienced in Kerikeri have been the
major drivers of the reduction in operating profit.
Processed Foods
From April 2018, the Processed Foods division comprises
solely of the Group’s Fruitmark businesses. The results of
T&G Processed Foods Limited (formerly ENZAFOODS New
Zealand Limited) are presented as discontinued operations
for the six months to 30 June 2018 due to the sale of this
business in April 2018. Prior year comparatives have been
restated for this segment to ensure comparability to the
current year.
Revenue from continuing operations in the Processed Foods
division decreased by $5.3 million from a restated amount
of $19.1 million in 2017 to $13.8 million in 2018, due mainly
to the Australia Fruitmark business losing supply contracts,
changes in manufacturers production, and a greater
targeting of higher valued and margined products.
Other highlights
As the Group looks towards the future, one of its key
strategies is to focus on growing the Group’s core
businesses. This strategy led to the Group’s divestment of
several non-core businesses and investments during the
first six months of 2018, including ENZAFoods to Cedenco
Foods New Zealand Limited and the Group’s Kerikeri based
kiwifruit orchards, post-harvest facilities, and business
assets to Seeka Limited.
In March 2018, the Group declared a fully-imputed
dividend of $0.06 per share which was fully paid in cash to
shareholders in April.
DIRECTORS’ REPORT
On behalf of the Board.
Prof. Klaus Josef Lutz
CHAIRMAN
T&G Global Limited and subsidiary companies
I
05
The T&G Global Board

06
I
T&G Global Limited and subsidiary companies
T&G 2018 INTERIM CONSOLIDATED FINANCIAL STATEMENTS
The accompanying notes form an integral part of these interim financial statements.
For the six months ended 30 June 2018
INCOME STATEMENT
NOTES
Unaudited
6 months to
30 Jun 2018
$’000
Restated*
6 months to
30 Jun 2017
$’000
Restated*
12 months to
31 Dec 2017
$’000
Continuing operations
Revenue581,681511,1921,068,145
Other operating income7,3241,5738,470

Purchases, raw materials and consumables used(439,099)(369,816)(798,084)
Employee benefits expenses(85,480)(81,695)(155,494)
Depreciation and amortisation expenses(11,289)(10,000)(20,775)
Other operating expenses(42,688)(43,788)(75,169)
Operating profit10,4497,46627,093

Net financing expenses(6,484)(5,554)(11,137)
Share of profit from joint ventures725115908
Share of profit / (loss) from associates7800(69)435
Other income51,9169,90825,289
Other expenses5 - (518)(634)
Profit before income tax from continuing
operations
6,70611,34841,954
Income tax expense(1,373)(151)(1,708)
Profit for the period from continuing operations5,33311,19740,246
Discontinued operations

(Loss) / profit for the period from discontinued
operations, net of tax
6(1,994)1,483(17,649)
Profit for the period3,33912,68022,597

Attributable to:
Equity holders of the Parent1,02311,26119,379
Non-controlling interests2,3161,4193,218
Profit for the period3,33912,68022,597

Earnings per share (in cents)

Basic and diluted earnings from continuing and
discontinued operations
0.89.115.8
Basic and diluted earnings from continuing operations2.47.930.2
* The prior year comparative numbers have been restated to ensure comparability with current year classifications. The restated comparatives are unaudited.

06
I
T&G Global Limited and subsidiary companies T&G Global Limited and subsidiary companies
I
07
INTERIM CONSOLIDATED FINANCIAL STATEMENTS T&G 2018
The accompanying notes form an integral part of these interim financial statements.
STATEMENT OF COMPREHENSIVE INCOME
For the six months ended 30 June 2018
Unaudited
6 months to
30 Jun 2018
$’000
Unaudited
6 months to
30 Jun 2017
$’000
Restated*
12 months to
31 Dec 2017
$’000
Profit for the period3,33912,68022,597

Other comprehensive income
Items that will not be reclassified subsequently to profit or loss:
Gain on revaluation of property, plant and equipment:
Held by subsidiaries of the Group - -55,120
Held by equity-accounted associate - -600
(Loss) / gain on revaluation of investment in unlisted entity(177)-1,265
Deferred tax effect on revaluation of property, plant and equipment - -(8,300)
(177) -48,685

Items that may be reclassified subsequently to profit or loss:
Exchange differences on translation of foreign operations98(713)3,167
Cash flow hedges:
Fair value (loss) / gain, net of tax(10,840)7,9524,913
Reclassification of net change in fair value to profit or loss152(1,563)(8,414)
(10,590)5,676(334)
Other comprehensive (loss) / income for the period(10,767)5,67648,351

Total comprehensive (loss) / income for the period(7,428)18,35670,948

Total comprehensive (loss) / income for the period attributable
to:

Equity holders of the Parent (9,993)16,77066,664
Non-controlling interests2,5651,5864,284
(7,428)18,35670,948
* The prior year comparative numbers have been restated to ensure comparability with current year classifications. The restated comparatives are unaudited.

08
I
T&G Global Limited and subsidiary companies
T&G 2018 INTERIM CONSOLIDATED FINANCIAL STATEMENTS
The accompanying notes form an integral part of these interim financial statements.
For the six months ended 30 June 2018
STATEMENT OF CHANGES IN EQUITY
Unaudited
NOTES
Share
capital
$’000
Revaluation
and other
reserves
$’000
Retained
earnings
$’000
Total
$’000
Non-
controlling
interests
$’000
Total
equity
$’000
2018
Balance at 1 January 2018 (previously reported) 176,357128,764108,653413,77411,819425,593
Adjustment on initial application of NZ IFRS 9 - -(300)(300) -(300)
Adjusted balance at 1 January 2018 176,357128,764108,353413,47411,819425,293
Profit for the period - -1,0231,0232,3163,339
Other comprehensive income / (expense)
Revaluation of investment in unlisted entity -(177) -(177) -(177)
Exchange differences on translation of foreign
operations
-(155) -(155)25398
Movement in cash flow hedge reserve -(10,684) -(10,684)(4)(10,688)
Total other comprehensive income / (expense) -(11,016) -(11,016)249(10,767)
Transactions with owners
Dividends8 - -(7,353)(7,353)(1,576)(8,929)
Total transactions with owners - -(7,353)(7,353)(1,576)(8,929)
Transfer from asset revaluation reserve due to
asset disposal
-(6,563)6,563 - - -
Transfer from revaluation reserve due to sale of
shares in unlisted entity
-(1,650)1,650---
Balance at 30 June 2018176,357109,535110,236396,12812,808408,936
2017
Balance at 1 January 2017176,35781,28986,793344,4392,383346,822
Profit for the period - -11,26111,2611,41912,680
Other comprehensive income / (expense)
Exchange differences on translation of foreign
operations
-(897) -(897)184(713)
Movement in cash flow hedge reserve -6,406 -6,406(17)6,389
Total other comprehensive income / (expense) -5,509 -5,5091675,676
Transactions with owners
Dividends8 - -(7,353)(7,353)(632)(7,985)
Purchase price adjustment to acquisition of
non-controlling interest in subsidiary
- -387387 -387
Total transactions with owners - -(6,966)(6,966)(632)(7,598)
Movement in equity from sale of shares in
subsidiary
- -9,6379,6372,74712,384
Movement in equity from acquisition of
subsidiary
-(25)25 -4,6664,666
Movement in equity from investment in
associates
-157586743 -743
Balance at 30 June 2017176,35786,930101,336364,62310,750375,373

08
I
T&G Global Limited and subsidiary companies T&G Global Limited and subsidiary companies
I
09
INTERIM CONSOLIDATED FINANCIAL STATEMENTS T&G 2018
Prof. K.J. Lutz
Director (Chairman)
3 August 2018
C.A. Campbell
Director (Chair of Finance, Risk and Investment Committee)
3 August 2018
The accompanying notes form an integral part of these interim financial statements.
BALANCE SHEET
As at 30 June 2018
NOTES
Unaudited
30 Jun 2018
$’000
Unaudited
30 Jun 2017
$’000
Audited
31 Dec 2017
$’000
Current assets
Cash and cash equivalents47,05433,01726,400
Trade and other receivables229,675180,353153,729
Taxation receivable8,039 -6,087
Inventories182,417153,88837,536
Derivative financial instruments1,58310,1073,682
Biological assets9,28910,40927,047
Total current assets478,057387,774254,481

Non-current assets
Trade and other receivables8,6628,99510,037
Derivative financial instruments7926,4841,648
Investments in unlisted entities1069282,192
Property, plant and equipment9434,416403,115450,981
Intangible assets36,85036,57937,632
Investments in joint ventures74,5685,3774,543
Investments in associates734,76820,85937,202
Total non-current assets520,162482,337544,235
Total assets998,219870,111798,716

Current liabilities
Trade and other payables264,653186,721135,444
Borrowings85,49690,25118,497
Taxation payable -1,891 -
Derivative financial instruments6,7174222,018
Total current liabilities356,866279,285155,959

Non-current liabilities
Trade and other payables952,2261,148
Borrowings178,616170,073164,162
Derivative financial instruments8,5803,9174,976
Deferred tax liabilities45,12639,23746,878
Total non-current liabilities232,417215,453217,164
Total liabilities589,283494,738373,123

Equity
Share capital176,357176,357176,357
Revaluation and other reserves109,53586,930128,764
Retained earnings110,236101,336108,653
Total equity attributable to equity holders of the Parent396,128364,623413,774
Non-controlling interests12,80810,75011,819
Total equity408,936375,373425,593
Total liabilities and equity998,219870,111798,716

10
I
T&G Global Limited and subsidiary companies
T&G 2018 INTERIM CONSOLIDATED FINANCIAL STATEMENTS
The accompanying notes form an integral part of these interim financial statements.
For the six months ended 30 June 2018
STATEMENT OF CASH FLOWS
NOTES
Unaudited
6 months to
30 Jun 2018
$’000
Unaudited
6 months to
30 Jun 2017
$’000
Audited
12 months to
31 Dec 2017
$’000
Cash flows from operating activities
Cash was provided from:
Receipts from customers521,321460,8271,111,642
Other526580583
Cash was disbursed to:
Payments to suppliers and employees(511,032)(479,569)(1,080,642)
Interest paid(4,379)(4,328)(8,952)
Income taxes paid(3,151)(3,210)(8,909)
Net cash inflow / (outflow) from operating activities103,285(25,700)13,722

Cash flows from investing activities
Cash was provided from:
Dividends received from joint ventures and associates - 4,0735,167
External loan repayments from suppliers, customers, joint
ventures and associates
- 726228
Proceeds from sale of Floramax-2,2802,280
Proceeds from sale of shares in associate3,350 - -
Proceeds from sale of processed foods business4,799 - -
Proceeds from sale of kiwifruit post-harvest facilities19,472 - -
Proceeds from sale of other property, plant and equipment11037140
Acquisition of business - 2,0942,094
Cash was disbursed to:
Purchase of property, plant and equipment(10,497)(11,356)(20,374)
Purchase of intangible assets(245)(774)(3,284)
Purchase of equity interests - (1,051)(1,045)
Other(198)(424)(224)
Net cash inflow / (outflow) from investing activities16,791 (4,395)(15,018)

Cash flows from financing activities
Cash was provided from:
Proceeds from borrowings14,62643,49212,100
Proceeds from seasonal funding70,00062,00025,000
Cash was disbursed to:
Dividends paid to non-controlling interests8(1,576)(519)(2,261)
Dividends paid to Parent's shareholders8(7,353)(7,353)(7,353)
Repayment of borrowings(2,864)(392)(9,812)
Net advances to growers(68,053)(44,421) -
Deferred consideration on purchase of non-controlling interests(1,060)(3,094)(3,094)
Deferred consideration on purchase of business(593)(500)(500)
Bank facility fees and transaction fees(1,967)(1,736)(3,480)
Other(309)(119)(514)
Net cash inflow / (outflow) from financing activities85147,35810,086
Net increase in cash and cash equivalents20,92717,2638,790
Foreign currency translation adjustment(273)(1,310)546
Cash and cash equivalents at the beginning of the year26,40017,06417,064
Cash and cash equivalents at the end of the period47,05433,01726,400

10
I
T&G Global Limited and subsidiary companies
INTERIM CONSOLIDATED FINANCIAL STATEMENTS T&G 2018
NOTES TO THE FINANCIAL STATEMENTS
1. GENERAL INFORMATION
Reporting entity and statutory base
T&G Global Limited (the Parent) and its subsidiary companies (the Group), are recognised as New Zealand’s leading grower,
distributor, marketer and exporter of premium fresh produce in over 60 countries around the world. Key categories for the Group
include apples, pears, grapes, citrus (lemons, mandarins and navel oranges), kiwifruit, asparagus, berries and tomatoes.
These unaudited condensed interim financial statements presented are for the Group which comprises the Parent and its
subsidiaries, joint ventures and associates as at 30 June 2018.
The Parent is registered in New Zealand under the Companies Act 1993 and is a FMC Reporting Entity under the Financial Market
Conducts Act 2013, and the Financial Reporting Act 2013.
The Parent is a limited liability company incorporated and domiciled in New Zealand and is listed on the New Zealand Stock Exchange.
The address of its registered office is 1 Clemow Drive, Mount Wellington, Auckland.
BayWa Aktiengesellschaft (the Ultimate Parent) is the ultimate parent of the Group.
2. BASIS OF PREPARATION
These unaudited condensed interim financial statements have been prepared in accordance with New Zealand Generally Accepted
Accounting Practice (NZ GAAP), NZ IAS 34 Interim Financial Reporting and IAS 34 Interim Financial Reporting. The unaudited condensed
interim financial statements should be read in conjunction with the annual report for the year ended 31 December 2017 (2017
Annual Report), which has been prepared in accordance with New Zealand equivalents to International Financial Reporting Standards
(NZ IFRS), other applicable New Zealand Financial Reporting Standards as appropriate for profit-oriented entities, and International
Financial Reporting Standards (IFRS).
This is the first set of the Group’s financial statements where NZ IFRS 15 Revenue from Contracts with Customers (NZ IFRS 15) and NZ
IFRS 9 Financial Instruments (NZ IFRS 9) have been applied. Changes to significant accounting policies are described in Note 3.
These unaudited condensed interim financial statements are expressed in New Zealand dollars which is the presentation currency. All
financial information has been rounded to the nearest thousand ($’000) unless otherwise stated.
Other than the first time adoption of NZ IFRS 15 and NZ IFRS 9 (Note 3), there have been no changes to accounting policies
subsequent to the presentation of the prior year’s unaudited condensed interim financial statements.
Critical accounting estimates and judgments
The Group makes estimates and judgments concerning the future. The estimates and judgments used in the preparation of these
unaudited condensed interim financial statements are consistent with those used in the 2017 Annual Report.
T&G Global Limited and subsidiary companies
I
11

12
I
T&G Global Limited and subsidiary companies
T&G 2018 INTERIM CONSOLIDATED FINANCIAL STATEMENTS
NOTES TO THE FINANCIAL STATEMENTS
(CONTINUED)
3. CHANGES IN SIGNIFICANT ACCOUNTING POLICIES
Except as described below, the accounting policies applied in these interim financial statements are the same as those applied in the
Group’s consolidated financial statements as at and for the year ended 31 December 2017.
The changes in accounting policies due to the adoption of new standards are also expected to be reflected in the Group’s consolidated
financial statements as at and for the year ending 31 December 2018.
New standards adopted by the Group
A number of new standards became applicable for the current reporting period and the Group had to change its accounting policies
and make certain adjustments disclosed below as a result of adopting the following standards:
• NZ IFRS 15 Revenue from Contracts with Customers (NZ IFRS 15), and
• NZ IFRS 9 Financial Instruments (NZ IFRS 9).
The impact of the adoption of these standards and the new accounting policies are disclosed below.
NZ IFRS 15 Revenue from Contracts with Customers (NZ IFRS 15)
NZ IFRS 15 establishes a comprehensive framework for determining whether, how much and when revenue is recognised. This new
standard replaces the guidance in NZ IAS 18 Revenue (NZ IAS 18), which covers revenue from contracts for goods and services, and NZ
IAS 11 Construction Contracts (NZ IAS 11), which covers accounting for revenue earned through construction contracts.
The Group has adopted NZ IFRS 15 using the modified retrospective method, with the effect of initially applying this standard
recogonised at the date of initial application at 1 January 2018. Accordingly, the information presented for 2017 has not been restated.
It is presented, as previously reported, under NZ IAS 18 and related interpretations.
NZ IFRS 15 is based on the core principle that revenue is recognised when control of goods or services transfers to a customer, and
that the amount of revenue recognised reflects the consideration to which an entity expects to be entitled to in exchange for those
goods or services which are delivered or performed under contracts with customers.
The Group recognises revenue from the following major sources:
• Sale of fresh fruit and vegetables to local and export markets.
• Provision of coolstore and packhouse services.
• Agency commission earnt on fresh fruit and vegetables and processed food products.
• Royalties based on a percentage of sales of the Group’s licensed apple varieties.
Sale of fresh fruit and vegetables to local and export markets
Revenue from sale of fresh fruit and vegetables is recognised either when the goods are dispatched or when goods have reached their
destination, depending on the terms and agreements with customers and when documentary evidence supports the customer taking
ownership and control of the product. Due to the perishable nature of produce there is the potential of returns, claims and rejects
from the customer. The impact of claims and returns have been assessed and found to be not significant to the revenue recognised
and hence there are no impacts on the Group’s revenue recognition.
The Group’s current policy on revenue recognition is in line with the requirements of NZ IFRS 15 and the adoption of NZ IFRS 15 did
not have a significant impact on the Group’s accounting policies.
There are no significant impacts at 31 December annually due to the seasonality of the business as the Group generates most of its
revenue during the middle of the year and completes its seasonal processes before the final quarter of the year.
Provision of coolstore and packhouse services
There are no significant impacts on revenue recognised on provision of services as revenue is recognised simultaneously as services
are being performed.

12
I
T&G Global Limited and subsidiary companies T&G Global Limited and subsidiary companies
I
13
INTERIM CONSOLIDATED FINANCIAL STATEMENTS T&G 2018
NOTES TO THE FINANCIAL STATEMENTS
(CONTINUED)
3. CHANGES IN SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
NZ IFRS 15 Revenue from Contracts with Customers (NZ IFRS 15) (continued)
Principal and agency arrangements
The Group acts as an agent in specific arrangements as it does not have:
• Rights to the title of goods or responsibility in respect of goods sold.
• Credit risk in respect of the supply of the goods.
• Ability to vary the selling prices of the goods.
• Primary responsbility for providing the goods or services to the end-customer or for fulfilling the order.
Under NZ IFRS 15, to determine if the Group is acting as a principal or an agent the Group is required to assess whether it controls a
specified good or service before it is transferred to the customer. This is not dissimilar to the Group’s previous practice in determining
if it is acting as a principal or an agent and there are no significant impacts on the adoption of NZ IFRS 15 on the Group’s accounting
policies.

Royalty revenue
The Group recognises royalty revenue on its licenced apple varieties when actual sales of those apple varieties occur. This is in
line with the requirements of NZ IFRS 15 and the adoption of the new standard did not have a significant impact on the Group’s
accounting policies.
NZ IFRS 9 Financial Instruments (NZ IFRS 9)
NZ IFRS 9 sets out requirements for recognising and measuring financial assets, financial liaiblities and some contracts to buy or sell
non-financial items. This standard replaces NZ IAS 39 Financial Instruments: Recognition and Measurement (NZ IAS 39).
The Group does not believe that the new classification and measurement requirements of NZ IFRS 9 will have a material impact on its
balance sheet or equity. The effect of adopting NZ IFRS 9 on the carrying amounts of financial assets at 1 January 2018 relates solely to
the new impairment requirements, as described further below.
Corresponding amendments made to NZ IFRS 7 Financial Instruments: Disclosures (NZ IFRS 7) as a result of NZ IFRS 9 being effective
in the current year will impact the disclosures relating to financial instruments for the full financial statements for the year ending 31
December 2018.
The following table and accompanying notes below explain the original measurement categories at 31 December 2017 under NZ IAS
39, and the new measurement catgories under NZ IFRS 9 for each class of the Group’s financial assets as at 1 January 2018.
Original
classification
under NZ IAS 39
New classification
under NZ IFRS 9Note
Original carrying
amount under
NZ IAS 39
$’000
Unaudited
New carrying
amount under
NZ IFRS 9
$’000
Financial assets
Cash and cash equivalentsLoans and receivablesAmortised cost(a)
26,400
26,400
Trade and other receivablesLoans and receivablesAmortised cost(a)
142,445
142,445
Loans receivablesLoans and receivablesAmortised cost(a) 906 906
Investments in unlisted entitiesAvailable-for-saleFVTOCI(b) 2,192 2,192
Total financial assets 171,943 171,943
(a) The Group’s cash and cash equivalents, loans receivable, and trade and other receivables are held to collect contractual cash flows
that are expected to represent solely payments of principal and interest. On transition to NZ IFRS 9 these financial assets will continue
to be measured at amortised cost and classified as ‘Measured at amortised cost’.
(b) The Group has investments in unlisted entities which it intends to hold for the foreseeable future. Fair value movements in the
shares has previously been recorded in other comprehensive income and the investments in unlisted entities were classified as
‘Available-for-sale’. On transition to NZ IFRS 9, the Group has elected to classify these as ‘Fair value through other comprehensive
income’.

T&G 2018 INTERIM CONSOLIDATED FINANCIAL STATEMENTS
3. CHANGES IN SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
NZ IFRS 9 Financial Instruments (NZ IFRS 9) (continued)
There is no significant impact on the Group’s accounting for financial liablities as the new requirements only affect the accounting for
financial liabilities that are designated at fair value through profit or loss, and the Group does not have any material financial liabilities
that are designated at fair value through profit or loss.

Impairment of financial assets
NZ IFRS 9 introduces a new impairment model that requires the recognition of impairment provisions based on expected credit losses
(ECL) rather than only incurred credit losses as was the case under NZ IAS 39.
The new impairment model applies to the Group’s financial assets measured at amortised cost and consequently the Group will
be required to record expected credit losses, either on a 12-month or lifetime basis, on all loans receivable and trade and other
receivables.
The Group has applied the simplified approach and records lifetime expected losses on all trade receivables. With its loans receivable,
the Group applied the general approach recognising 12-month expected credit losses as the Group expects there will not be any
significant increases in credit risk for its credit exposures. This will be monitored on an on-going basis.
For assets in the scope of the NZ IFRS 9 impairment model, this has resulted in an earlier recognition of credit losses, and an increased
amount of loss allowanced recognised on applicable terms. The Group has determined that the application of NZ IFRS 9’s impairment
requirements at 1 January 2018 results in an additional impairment as follows:
Unaudited
Impact of adoption of
NZ IFRS 9 at 1 January 2018
$’000
Retained Earnings
31 December 2017 closing balance under NZ IAS 39108,653
Recognition of expected credit losses under NZ IFRS 9(300)
Opening balance under NZ IFRS 9 (1 January 2018)108,353
Hedging
The Group has determined that all existing hedge relationships that are currently designated in effective hedging relationships will
continue to qualify for hedge accounting under NZ IFRS 9.
For its foreign exchange options, the Group continues to designate both the intrinsic value and time value of the option as the hedging
instrument. Changes in the fair value of options continue to be recorded in ‘cash flow hedge reserve’ within equity.
For its forward exchange contracts, the Group continues to designate both the spot element and the forward element of the forward
contract as the hedging instrument. Changes in the fair value of the forward contract continue to be recorded in ‘cash flow hedge
reserve’ within equity.
Hedge ratios are specifically determined for each operating segment within the Group and by referencing the Group’s Treasury Policy.
Hedge ineffectiveness is measured based on reference to the timing of cashflows and hedge implementation. Any ineffectiveness from
the hedge relationship will be recognised in profit or loss.
14
I
T&G Global Limited and subsidiary companies
NOTES TO THE FINANCIAL STATEMENTS
(CONTINUED)

INTERIM CONSOLIDATED FINANCIAL STATEMENTS T&G 2018
4. SEGMENT INFORMATION
Operating segments are reported in a manner consistent with the internal reporting provided to the chief operating decision-makers.
The chief operating decision-makers have been identified as the Chief Executive Officer and the Chief Financial Officer for the Group.
Operating segments
The Group comprises the following main operating segments:
Segment information provided to the chief operating decision-makers for the reportable segments is shown in the following
tables.
T&G Global Limited and subsidiary companies
I
15
NOTES TO THE FINANCIAL STATEMENTS
(CONTINUED)
OPERATING SEGMENTSIGNIFICANT OPERATIONS
PipfruitGrowing, packing, cool storing, sales and marketing of pipfruit worldwide.
International Produce
International trading activities other than pipfruit. Major markets are Asia, Australia and the Pacific.
Product is sourced from New Zealand, Australia, North America, South America and Europe.
New Zealand Produce
Growing, trading and transport activities within New Zealand. This incorporates the New Zealand
wholesale markets and the tomato, kiwifruit and citrus growing operations until the sale of the
kiwifruit operations in April 2018.
Processed Foods
Includes the sale and marketing of processed foods, and trading activities in Australia, New Zealand
and North America.
OtherIncludes properties and corporate costs.
Pipfruit
$’000
International
Produce
$’000
New Zealand
Produce
$’000
Processed
Foods
$’000
Other
$’000
Total
$’000
Unaudited six months ended 30 June 2018
Total segment revenue
329,641129,248116,77013,81850589,527
Inter-segment revenue
(502)(2,517)(4,827)--(7,846)
Revenue from external customers
329,139126,731111,94313,81850581,681
Purchases, raw materials and consumables used
(249,311)(113,531)(64,302)(11,974)19(439,099)
Depreciation and amortisation expenses
(6,832)(288)(3,343)(14)(812)(11,289)
Net other operating expenses
(59,856)(10,833)(44,946)(2,462)(2,747)(120,844)
Segment operating profit / (loss)
13,1402,079(648)(632)(3,490)10,449
Net financing expenses
(6,484)
Share of profit from joint ventures
25
Share of profit from associates
800
Net other income
1,916
Profit before income tax from continuing
operations
6,706

T&G 2018 INTERIM CONSOLIDATED FINANCIAL STATEMENTS
16
I
T&G Global Limited and subsidiary companies
NOTES TO THE FINANCIAL STATEMENTS
(CONTINUED)
4. SEGMENT INFORMATION (CONTINUED)
Pipfruit
$’000
International
Produce
$’000
New Zealand
Produce
$’000
Processed
Foods
$’000
Other
$’000
Total
$’000
Restated six months ended 30 June 2017
Total segment revenue
269,535118,575114,69119,1091,218523,128
Inter-segment revenue
(530)(5,144)(6,262) - - (11,936)
Revenue from external customers
269,005113,431108,42919,1091,218511,192

Purchases, raw materials and consumables
used(195,016)(101,200)(55,845)(17,194)(561)(369,816)
Depreciation and amortisation expenses
(5,698)(336)(3,092)(14)(860)(10,000)
Net other operating expenses
(56,502)(10,888)(45,507)(2,604)(8,409)(123,910)
Segment operating profit / (loss)
11,7891,0073,985(703)(8,612)7,466
Net financing expenses
(5,554)
Share of profit from joint ventures
115
Share of (loss) from associates
(69)
Other income
9,908
Other expenses
(518)
Profit before income tax from
continuing operations
11,348
Restated year ended 31 December 2017
Total segment revenue
575,897231,754242,61536,3367881,087,390
Inter-segment revenue
(672)(8,357)(10,216) - - (19,245)
Revenue from external customers
575,225223,397232,39936,3367881,068,145
Purchases, raw materials and consumables
used(442,792)(198,861)(124,737)(32,013)319(798,084)
Depreciation and amortisation expenses
(11,877)(749)(6,341)(26)(1,782)(20,775)
Net other operating expenses
(92,995)(23,608)(91,856)(3,110)(10,624)(222,193)
Segment operating profit / (loss)
27,5611799,4651,187(11,299)27,093
Net financing expenses
(11,137)
Share of profit from joint ventures
908
Share of profit from associates
435
Other income
25,289
Other expenses
(634)
Profit before income tax from
continuing operations
41,954
T&G Global Limited and subsidiary companies
I
17

INTERIM CONSOLIDATED FINANCIAL STATEMENTS T&G 2018
T&G Global Limited and subsidiary companies
I
17
5. OTHER INCOME AND EXPENSES
Other income for the six months ended 30 June 2018 includes a gain of $1.8 million from the sale of the Group’s kiwifruit post-harvest
assets in Kerikeri, New Zealand, and a gain of $0.1 million from the sale of the Group’s shares in McKay Shipping Limited (six months
ended 30 June 2017: $8.2 million gain on revaluation of investment in Worldwide Fruit Limited and $1.7 million gain on disposal
of property, plant and equipment in Floramax; year ended 31 December 2017: $15.4 million gain on acquisition of equity interest
in Grandview Brokerage LLC, $1.7 million gain on disposal of property, plant and equipment in Floramax, and $8.2 million gain on
revaluation of investment in Worldwide Fruit Limited).
There were no other expenses for the six months ended 30 June 2018 (six months ended 30 June 2017: $0.5m impairment of assets;
year ended 31 December 2017: $0.6m impairment of assets).
6. DISCONTINUED OPERATIONS
Sale of processed foods business
In line with the Group’s strategy to focus on its core business, on 20 April 2018 the Group’s processed foods assets in Hastings and
the fruit ingredients assets in Nelson were sold to Cedenco Foods New Zealand Limited. In addition, the Group’s small fruit pouch
assets in Nelson were sold to NZ Apple Products Limited. Together the assets sold comprise the processed foods business of
ENZAFOODS New Zealand Limited.
Analysis of profit for the year from discontinued operations
The combined results of the discontinued operations (processed foods segment) included in the profit for the year are set out
below. The comparative profit and cash flows from discontinued operations have been re-presented to include those operations
classified as discontinued in the current year.
Unaudited
6 months to
30 Jun 2018
$’000
Unaudited
6 months to
30 Jun 2017
$’000
Unaudited
12 months to
31 Dec 2017
$’000
Profit for the year from discontinued operations
Revenue9,00921,63338,321
Other gains-139324
Total revenue9,00921,77238,645
Expenses(11,877)(20,224)(58,274)
(Loss) / profit before tax(2,868)1,548(19,629)
Attributable income tax income / (expense)874(65)1,980
(Loss) / profit for the year from discontinued operations
(attributable to owners of the Company)
(1,994)1,483(17,649)
Unaudited
6 months to
30 Jun 2018
$’000
Unaudited
6 months to
30 Jun 2017
$’000
Unaudited
12 months to
31 Dec 2017
$’000
Cashflows from discontinued operations
Net cash (outflows) / inflows from operating activities(5,134)(767)1,095
Net cash inflows / (outfllows) from investing activities4,799(1,270)(562)
Net cash (outflows) / inflows from financing activities(100)(39)(36)
Net cash (outflows) / inflows
(435)(2,076)497
NOTES TO THE FINANCIAL STATEMENTS
(CONTINUED)

T&G 2018 INTERIM CONSOLIDATED FINANCIAL STATEMENTS
18
I
T&G Global Limited and subsidiary companies
(1)
On 30 April 2018, the Group sold its 25% ownership in McKay Shipping Limited.
(2)
Although the Group holds less than 20% of the ownership of Mystery Creek Asparagus Limited (Mystery Creek), the Group is
deemed to have significant influence over this entity. A member of the Group’s management sits on the Board of Directors of Mystery
Creek, and transactions between Mystery Creek and the Group are significant to its operations.
(3)
During 2017, N.Z. Kumara Distributors Limited ceased trading and the Company was liquidated with a final dividend paid to the
Group.
Contributions from joint ventures and associates
During the period ended 30 June 2018, contributions from joint ventures and associates included $0.9 million from Grandview
Brokerage LLC (30 June 2017: $0.3 million; 31 December 2017: $0.9 million).
NOTES TO THE FINANCIAL STATEMENTS
(CONTINUED)
7. INVESTMENTS IN JOINT VENUTRES AND ASSOCIATES
Set out in the table below are the joint ventures and associates of the Group as at 30 June 2018. The joint ventures and associates
have share capital consisting solely of ordinary shares which are held directly by the Group.
The Group’s investments in joint ventures and assoicates in 2018 and 2017 are:
NAME OF ENTITY
PLACE OF BUSINESS AND
COUNTRY OF
INCORPORATION
OWNERSHIP INTEREST (%)
30 Jun 201830 Jun 201731 Dec 2017
Joint Ventures
Growers Direct LimitedUnited Kingdom505050
Wawata General Partner LimitedNew Zealand505050
Associates
Allen Blair Properties LimitedNew Zealand333333
Grandview Brokerage LLC United States of America393939
Intelligent Fruit Vision Limited United Kingdom242424
McKay Shipping Limited
(1)
New Zealand-2525
Mystery Creek Asparagus Limited
(2)
New Zealand151515
N.Z. Kumara Distributors Limited
(3)
New Zealand-20-
POP Worldwide Limited United Kingdom242424
The Fruit Firm LimitedUnited Kingdom202020
8. DIVIDENDS
Dividends to shareholders of the Group
During the six months ended 30 June 2018, the Group declared and paid a dividend of $0.06 per share, resulting in a total cash
dividend of $7.4 million (six months ended 30 June 2017 and year ended 31 December 2017: dividend declared of $0.06 per share,
resulting in a total cash dividend of $7.4 million).
Dividends to non-controlling interests
During the six months ended 30 June 2018, a dividend of $1.6 million was declared and paid to non-controlling interests (six months
ended 30 June 2017: $0.5 million dividend declared and paid, and a dividend of $0.1 million declared; year ended 31 December 2017:
$2.3 million dividend declared and paid).

18
I
T&G Global Limited and subsidiary companies
INTERIM CONSOLIDATED FINANCIAL STATEMENTS T&G 2018
T&G Global Limited and subsidiary companies
I
19
NOTES TO THE FINANCIAL STATEMENTS
(CONTINUED)
9. PROPERTY, PLANT AND EQUIPMENT
Unaudited
6 months to
30 Jun 2018
$’000
Unaudited
6 months to
30 Jun 2017
$’000
Audited
12 months to
31 Dec 2017
$’000
Asset acquisitions and disposals
Cost of assets acquired10,74224,41033,317
Net book value of assets disposed25,4207951,111
(Gain) on assets disposed(1,714) (1,725)(1,478)
10. RECONCILIATION OF PROFIT AFTER INCOME TAX TO NET CASH FLOW FROM
OPERATING ACTIVITIES
Notes
Unaudited
6 months to
30 Jun 2018
$’000
Unaudited
6 months to
30 Jun 2017
$’000
Audited
12 months to
31 Dec 2017
$’000
Profit for the period3,33912,68022,597
Adjusted for non-cash items:
Amortisation expense7527661,765
Depreciation expense10,96210,54521,614
Effective interest on deferred consideration(192)72102
Movement in deferred tax(1,843)(3,485)(4,081)
Movement in provision for receivables impairment88469
Share of (profit) of joint ventures7(25)(115)(908)
Share of (profit) / loss of associates7(800)69(435)
Other movements2,150(209)2,373
11,0927,64720,499
Adjusted for investing and financing activities:
Bank facility and line fees1,9671,7363,480
(Gain) on sale of kiwifruit post-harvest facilities(1,714)- -
(Gain) on sale of investments(216)- -
(Gain) on acquisition of equity interest in Grandview
Brokerage LLC
- - (15,381)
(Gain) on revaluation of investment in Worldwide Fruit Limited - (8,206)(8,206)
(Gain) on reversal of previous property, plant and equipment
revaluation changes through profit and loss
- - (1,002)
(Gain) on sale of Floramax - (1,702)(1,702)
(Gain) / loss on sale of other property, plant and equipment - (23)224
Impairment of intangible assets - 599890
Impairment of property, plant and equipment - - 11,351
37(7,596)(10,346)
Impact of changes in working capital items net of effects
of non-cash items and investing and financing activities:

(Increase) in debtors and prepayments(76,727)(54,243)(25,411)
Decrease / (increase) in biological assets14,71312,534(4,104)
Increase in creditors and provisions197,031112,79111,191
(Increase) / decrease in inventories(144,248)(108,219)6,263
(Increase) / decrease in taxation receivable and increase /
(decrease) in taxation payable
(1,952)(1,294)(6,967)
(11,183)(38,431)(19,028)
Net cash inflow / (outflow) from operating activities
3,285(25,700)13,722

T&G 2018 INTERIM CONSOLIDATED FINANCIAL STATEMENTS
20
I
T&G Global Limited and subsidiary companies
11. FINANCIAL INSTRUMENTS
Financial instruments by category
Financial assetsUnaudited
Measured at
amortised cost
$’000
Fair value
through
profit or loss
$’000
Derivatives for
hedging
$’000
Fair value
through OCI
$’000
Total
$’000
As at 30 June 2018
Cash and cash equivalents47,054---47,054
Trade and other receivables (excluding
prepayments and taxes)
218,936---218,936
Investment in unlisted entities---106106
Derivative financial instruments-1882,187-2,375
Total
265,9901882,187106268,471
As at 30 June 2017
Cash and cash equivalents33,017 - - - 33,017
Trade and other receivables (excluding
prepayments and taxes)
174,248 - - - 174,248
Investment in unlisted entities - - - 928928
Derivative financial instruments - 10516,486 - 16,591
Total
207,26510516,486928224,784
As at 31 December 2017
Cash and cash equivalents26,400 - - - 26,400
Trade and other receivables (excluding
prepayments and taxes)
143,351 - - - 143,351
Investment in unlisted entities - - - 2,1922,192
Derivative financial instruments - 1055,225 - 5,330
Total
169,7511055,2252,192177,273
Financial liabilitiesUnaudited
Measured at
amortised cost
$’000
Fair value
through
profit or loss
$’000
Derivatives for
hedging
$’000
Total
$’000
As at 30 June 2018
Borrowings263,572--263,572
Trade and other payables (excluding employee entitlements
and taxes)
252,534--252,534
Finance lease liabilities540--540
Derivative financial instruments-8215,21515,297
Total
516,6468215,215531,943
As at 30 June 2017
Borrowings259,339 - - 259,339
Trade and other payables (excluding employee entitlements
and taxes)
174,660 - - 174,660
Finance lease liabilities985 - - 985
Derivative financial instruments - 2744,0654,339
Total
434,9842744,065439,323

As at 31 December 2017
Borrowings181,742 - - 181,742
Trade and other payables (excluding employee entitlements
and taxes)
122,227 - - 122,227
Finance lease liabilities917 - - 917
Derivative financial instruments - 436,9516,994
Total
304,886436,951311,880
NOTES TO THE FINANCIAL STATEMENTS
(CONTINUED)
T&G Global Limited and subsidiary companies
I
21

INTERIM CONSOLIDATED FINANCIAL STATEMENTS T&G 2018
T&G Global Limited and subsidiary companies
I
21
NOTES TO THE FINANCIAL STATEMENTS
(CONTINUED)
11. FINANCIAL INSTRUMENTS (CONTINUED)
Fair value hierarchy
All financial assets and liabilities that use methods and assumptions to estimate fair value at 30 June 2018 are considered to be level 2
in the fair value hierarchy (30 June 2017: level 2; 31 December 2017: level 2).
Valuation techniques used to value financial instruments are consistent with those used in the 2017 Annual Report.
For both 2018 and 2017 financial years, the estimated fair values of all of the Group’s other financial assets and liabilities approximate
their carrying values.
12. CAPITAL COMMITMENTS
As at 30 June 2018, the Group is committed to the following capital expenditure:
Unaudited
30 Jun 2018
$’000
Unaudited
30 Jun 2017
$’000
Audited
31 Dec 2017
$’000
Property, plant and equipment1,048
4,073
2,876
Intangible assets171
115
-
Total
1,219
4,188
2,876
13. CONTINGENCIES
There has been no material change in contingent liabilities during the period.
14. SEASONALITY OF BUSINESS
The Group’s operating segments are subject to seasonal fluctuations. The Pipfruit operating segment generates most of its revenue
during the middle of the year and completes its seasonal processes before the final quarter of the year. The Group’s other operating
segments are also impacted by the availability of fresh produce which varies during the year.
15. EVENTS AFTER THE REPORTING PERIOD
There are no material events that occurred after the reporting date that would require adjustment or disclosure to these unaudited
condensed interim financial statements.

DIRECTORY
DIRECTORS
Prof. K.J.Lutz
Chairman and Non-independent Director
C.U.G. Bell
Non-independent Director
C.A. Campbell
Independent Director
A. Helber
Non-independent Director
M.W. Liu
Non-independent Director
R.T. Priske
Non-independent Director
J.S. Wilson
Independent Director
REGISTERED OFFICE
1 Clemow Drive
Mt Wellington, Auckland 1060
New Zealand
REGISTERED OFFICE CONTACT DETAILS
PO Box 290
Shortland Street
Auckland 1140, New Zealand
Telephone: (09) 573 8700
Website: www.tandg.global
Email: info@tandg.global
AUDITORS
Deloitte Limited
PRINCIPAL BANKERS
Bank of New Zealand
HSBC
Rabobank
Westpac New Zealand
PRINCIPAL SOLICITORS
Russell McVeagh
SHARE REGISTRY
Computershare Investor Services Limited
Level 2, 159 Hurstmere Road
Takapuna, Auckland 0622
New Zealand
SHARE REGISTRY CONTACT DETAILS
Private Bag 92119
Victoria Street West
Auckland 1142, New Zealand
Investor enquiries: (09) 488 8700
Website: www.computershare.co.nz
Email: enquiry@computershare.co.nz
22
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T&G Global Limited and subsidiary companies
T&G 2018 INTERIM CONSOLIDATED FINANCIAL STATEMENTS

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