Harvest

Terms and queries about the harvesting phase of forestry investment

What are Forest Enterprises’ harvest and environmental management practices?

By |2023-05-03T14:57:13+12:00September 1st, 2020|, |

New Zealand's National Environmental Standards for Plantation Forestry (NES-PF), resource consent conditions and district plan rules set the mandatory regulations for the environmental management of forestry activity, from planting to harvest. Industry best practice sets additional standards. NES-PF’s requirements cover harvest planning, logging operations, design and placement of forest roads and log processing sites (landings), [...]

When will my forest be harvested?

By |2020-07-14T14:11:48+12:00July 29th, 2016|, , |

With many of our forest investments approaching harvesting age, this question from investors is understandable because it is an indication of when to expect investment returns. Indicative harvest dates have been reported each year in the investment’s annual Financial Report, reflecting the expectations in the original Prospectus to harvest exactly at tree age 28 years. [...]

How much income will I earn from harvest?

By |2020-01-24T16:39:07+13:00December 2nd, 2019|, |

Closer to harvest and when the harvest plan for your investment forest has been communicated with investors, we produce an updated Cashflow Projection for your investment based on the latest available log price series, latest cost estimates, the mix of hauler vs ground-based logging operations, and the pre-harvest inventory of your forest's log grade mix. [...]

Why is there a difference between my taxable income and the distributions I’ve been paid?

By |2023-04-06T16:33:24+12:00November 28th, 2019|, |

Income earned by the limited partnership in a tax year, such as from harvest, is taxable at the investor level. This taxable income (or loss) is noted on your annual Tax Details Statement. Broadly speaking, taxable income is calculated on investment income (e.g. log sales) less expenses (e.g. road building, replanting) for the year. Investors [...]

What will my harvest income be this year?

By |2020-07-14T12:07:23+12:00November 28th, 2019|, |

An updated Cashflow Projection is included each year in the investment’s Financial Report. The cashflow will include the projected income and expenses for each year until the conclusion of the investment, and will therefore show if any income is expected for the coming year. If you have shares in a Forest Enterprises Limited Partnership investment, [...]

How will I be paid at harvest, and what about the tax?

By |2021-05-04T11:38:07+12:00March 7th, 2016|, |

Payments to investors from harvest cashflow will occur when surplus funds allow, and will be regular throughout the harvest programme. There are no set dates or amounts but we aim for quarterly payments of an economic amount. We will advise investors if any upcoming distributions in the harvest reports. These are cash payments and tax [...]

How do roading expenses impact my taxable income?

By |2023-04-06T15:25:02+12:00July 14th, 2020|, , |

Building harvest infrastructure - roads and landings (log processing areas) - is a significant but necessary expense required to access, harvest and remove the valuable timber in your forest. Roads are built throughout the harvest programme, but the primary outlay occurs during the early stages to establish the network, with maintenance generally occurring as harvest [...]

What happens after the trees are harvested?

By |2020-07-14T12:41:53+12:00March 7th, 2016|, , |

The areas harvested will be replanted the following winter, so that at the conclusion of harvest, most (if not all) of the land will have been replanted. When the harvest is complete, the investment must be brought to a conclusion. Towards the end of the harvest programme, a decision is made whether or not to [...]

LiDAR

By |2022-08-22T10:56:41+12:00April 11th, 2022|, , |

LiDAR, or light detection and ranging, is a relatively new remote sensing survey method, using a pulsed laser to calculate an object’s variable distances from the earth surface.  LiDAR can be used to complement ground-based tree crop inventory and reduce the overall cost of obtaining area and crop condition data and information.

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