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Fiji Meat Industry Board 2020 Annual Report Parliamentary No 39 of 2023 FMIB Fiji Meat Industry Board Thank you for taking the time to read our annual report for 2020.

This report describes the challenges we face, key drivers and metrics, and the performance of our industry over the year.
01 About FMIB 02 Our Values Vision and Mission 03 Chairperson’s Report 05 CEO’s Report 06 2020 Summary 12 Financial Report 09 Quality Assurance Human Resources 16 Auditor General’s Report About FMIB The Meat Industry Act 1969 established and governs the Fiji Meat Industry Board.

The Board was designated a commercial statutory authority in 2005.
The Board’s core function is to support the meat industry by acting as a middleman between farmers and retailers through wholesale transactions and independent retail sales.

Our specific functions are to: • Construct and operate public slaughtering facilities; • Take steps for the expansion, preservation, and protection of the meat industry in Fiji; and • Deal, purchase, or trade in livestock, meat, and its by-products.
2 FMIB has supported the Fijian meat industry over the years by purchasing from Fijian farmers at premium prices, providing affordable and reliable slaughter services, and selling to customers at competitive prices.

Our Mission We are committed to providing exceptional slaughtering services in facilities that are internationally benchmarked for hygiene, safety, and quality.

FMIB observes market trends and reacts accordingly with emphasis on humane practices and technological efficiency.
We strive for continuous business success and growth.

To this end, we build upon customer satisfaction, good business practices, high ethical standards, and the welfare of our employees.

We are committed to our responsibilities to our stakeholders — the communities in which we operate, the environment, the Government, and our suppliers.

Our Vision and Values To be a recognised provider of quality and value-added meat, protein, and their by-products.
• Accountability • Compliance with Relevant Meat Standards • Customer Focus • Honesty • Innovation • Result Oriented • Team Work Chairperson’s Report 3 Joann Young Fiji Meats Industry Board Chair In 2020, FMIB persevered through a global economic decline caused by the COVID-19 pandemic.

2020 brought with it unprecedented challenges; however, the Board acted swiftly to minimise damage to and support the Fijian meat industry.

The following few pages will describe our performance over the year.
FMIB could not slaughter at total capacity and our recovery of slaughter numbers in 2019 was lost in 2020.

Our slaughter statistics declined as a result of reduced global economic activity caused by the COVID-19 pandemic, which hindered our ability to stimulate industry growth.

While the challenges we faced in 2020 were complex, prudent management and planning, built on lessons learned in previous years, allowed us to ease the burden of major challenges.
The Board continued to streamline its operations to increase efficiency and maintained its commitment to offer premium prices to Fijian farmers.

These efforts have eased the burden of the industry’s decline in 2020 and minimised resource leakage.

The Board looks to a strong recovery in 2021 and thanks our hardworking staff and management for persevering through unprecedented difficulties.
“ Prudent management and planning, built on lessons learned in previous years, allowed us to ease the burden of major challenges “ CEO’s Report 5 Vimal Chand Chief Executive Officer 2020 tested FMIB’s ability to adapt.

Despite the decline in slaughter statistics, we successfully kept the Fijian meat industry afloat.
This work maintained the livelihoods of countless Fijian farmers and their families, and will play a crucial role in the industry’s recovery from the global economic effects of the COVID-19 pandemic.

All of our commodities fell, with the exception of goats, which saw a sharp increase in both slaughter numbers and weight.

In contrast, cattle suffered the most significant reduction in slaughter statistics.
FMIB’s “Target Performance Improvement” programme improving assisted us with maintaining and operational efficiency and performance.

Sustainable resource usage is crucial to long-term growth, and while processing costs present a continuous challenge, we are confident in our resource management.

2020 was the most challenging year for the Board; however, we persevered through these unprecedented difficulties, kept the Fijian meat industry afloat, and facilitated a boom in goat slaughter statistics.
Despite the decline in slaughter statistics, we successfully kept the Fijian meat industry afloat.

“ “ 6 2020 Summary the Goats continued with 2019’s trend of being fastest-growing commodity, with 103.69% growth in slaughter numbers and 89.00% growth in weight.

Other commodities suffered moderate declines in their respective statistics, with slaughter numbers for cattle falling by 15.84%, pigs by 5.62%, and sheep by 12.50%.
Pigs maintained their rank as the top commodity, evidenced by its slaughter numbers beating out the other three commodities at 61.56% of total slaughter numbers, a slight its dominance of 61.43% in 2019. increase over Slaughter numbers, however, do not always have a positive relationship with slaughter weight.

Despite pig slaughter numbers reigning over the other commodities combined, pig slaughter weight only accounted for 34.99% of total slaughter weight.

This marked a 3.13% increase over 2019 figures.


In contrast to 15,498 pigs, only 7668 cows were slaughtered through 2020, comprising 30.46% of total slaughter numbers, a decrease of 3.53% over 2019.

However, cows represented the largest portion of total slaughter weight at 64.18%.

Continuing from its 2018 trend of gradual decline, this represented a decrease of 3.52% in relation to 2019 figures.

Goat and sheep increased their combined slaughter numbers by a healthy 3.40%, moving up from 4.58% to 7.98%.
Goat and sheep’s total slaughter weight rose concurrently, increasing from 13.9 tonnes to 23.1 tonnes, a strong 66.19% increase over 2019 figures.

Cattle slaughter numbers suffered a moderate reduction of 15.38% compared to 2019 figures.

In response to lower slaughter numbers, cattle slaughter weight also decreased by a manageable 17.24%.
incentivisation of beef Our farming continued over 2020 with our efforts to make fencing material more accessible to farmers, offering improved genetics, and rendering financial assistance through long-term leases and low interest rates on borrowed capital.

We work with our partners and stakeholders, such as the Ministry of Agriculture, to make many of these incentives possible.

We also continued our partnership with the Ministry of Agriculture to safeguard our livestock resources.
Sick cattle infected with tuberculosis were slaughtered to prevent the disease from spreading to humans and other cattle.

The Board employs a livestock unit to raise cattle on the FMIB farm using good husbandry practices, including but not to castration, dehorning, and limited drenching.

The livestock unit’s utmost priority is the humane treatment of livestock to ensure their health and suitability for human consumption.
The livestock unit further assists the FMIB by supporting farmers — purchasing from farmers who wish to sell their livestock and purchasing pregnant and underweight cattle on a live-weight basis.

The livestock unit holds these cattle at the FMIB’s abattoir in Nasinu until calving or until they are ready for slaughter.
7 8 7,621 1,790 CATTLE SLAUGHTERED -15.84% 2019-2020 TONNES -17.30% 2019-2020 15,498 976 PIG SLAUGHTERED TONNES -5.62% 2019-2020 281 SHEEP SLAUGHTERED -12.50% 2019-2020 1,728 GOAT SLAUGHTERED 103.69% 2019-2020 -4.34% 2019-2020 3.9 TONNES 4.26% 2019-2020 19.2 TONNES 89.00% 2019-2020 CATTLEPIGSSHEEPGOAT Quality Assurance Human Resources 9 FMIB employs a quality assurance team to act as a safeguard — ensuring only the best meat reaches customers, both locally and abroad.
The quality assurance team controls operational food safety hazards and takes appropriate action when it discovers actual or potential contaminants.

The quality assurance team’s primary purpose is to ensure that all meat that leaves FMIB’s hands is safe for human consumption.

The team also interacts with the public handling complaints, concerns, feedback, and queries from consumers.
Procedures used by the FMIB are established, documented, and maintained by the quality assurance team to ensure traceability — back to an issue’s source — if the need arises, such as when sick livestock is discovered.

team monitors The quality assurance the implementation of all procedures, particularly with regard to cleaning, delivery, and slaughtering.

The team collects data from these procedures for future analysis and audit to further improve their work in protecting Fijians.
The Nasinu abattoir requires general maintenance and repairs; however, it is operational and continues to serve the FMIB well.

New legislation and requirements affect how the abbatoir handles food, hygiene, and security.

The FMIB has grown to become a guardian for the Fijian meat industry over the past 15 years, and we appreciate that this progress would not have been made without our dedicated staff.

We strive to maintain a happy and productive working environment for all our employees.
Finance The 2020 financial year passed by with stimulating challenges whereby slaughter numbers reduced and COVID-19 pandemic tested the Board’s solvency.

The operating revenue of the Board was reduced by 14% as a result of decline in slaughter numbers.

The board was able to adapt to the situation on hand with swift and strategic decisions that enable to reduce the operating costs as well as staff costs.
With the controls and measures in place, the Board recorded a loss of (216,971) compared to loss of (162,941) in 2019.

Along with the decline in revenue and impact of COVID-19 pandemic, the Board was able to operate and meet its financial obligations.

Operating in the formidable financial year, the Board was able to maintain its financial ratios such as current ratio 2.01:1, debt ratio 0.04:1 showing the Board’s ability to be solvent.

44 Years in Operation Our experience means we deliver quality.
83 Professional Staff Without our staff, we wouldn’t be able to achieve our goals.

Many Happy Customers We pride ourselves in providing the best service.
10 11 12 Financial Report 2020 Table of contents Director’s Report Statement by Directors Independent Auditor’s Report 13 15 16 Statement of Comprehensive Income 19 Statement of Financial Position Statement of Changes in Equity Statement of Cash Flow 20 21 22 Notes to the Financial Statements 23- 36 26 27 28 29 30 31 32 33 34 35 36 Address: Adi Davila Rd Telephone: (679) 341 0022