Disposal of waste material from the Victoria Park Tunnel has helped waste management company EnviroWaste Services boost earnings this year, but interest costs eat into bottom line.

The payout to farmers totaled $10.6 billion - $2.4 billion more than in 2010 and $1.5 billion more than Fonterra’s previous best in 2008.

UPDATED: Net tangible assets has been recorded at negative 0.35c compared to 2.20c in the previous corresponding period, indicating a large number of new shares to be issued to placement shareholders.

PGG Wrightson has put the lid on a poor result during one of the best years for farming in 40 years and is looking for a much better performance this coming year.

Export volumes are now more than three times that of its nearest competitor, Ports of Auckland.