VicForests' financial results - by year
VicForests has recorded a net profit of $26.5 million since being created in 2004 and as of 30 June 2016 has no net debt.
Each year VicForests reports a Profit After Tax (our incoming revenue vs our outgoing expenditure), Operating Result After Tax (the value of our assets) and, if applicable, Dividend Paid.
VicForests is required to act in a commercially prudent manner, maximising long-term economic returns to the State rather than delivering short term profits. We have maintained profitability despite two catastrophic bush fire events, the Global Financial Crisis and an economic downturn.
See below for a breakdown of financial results by year.
For further information on VicForests finances and operational outcomes please visit the Corporate Reporting section of this website.