Mzk1MmE0YTg0ZTA0OWQ2MDFmNjcxZjc2YTUzNzFiMzRjMjgxODQ4MzEzNGNm 13 14 50. A location quotient greater than one indicates the occupation has a higher share of employment than average, and a location quotient less than one indicates the occupation is less prevalent in the area than average. The Blooms Group was established in 1988 to provide operational support to these pharmacies. HEALTH & WELLNESS ANNUAL REPORT . Join our flagship membership service, Share Advisor. Employment estimate and mean wage estimates for Chemists: Industries with the highest published employment and wages for Chemists are provided. Motley Fool contributor Brendon Lau has no position in any of the stocks mentioned. NWFmMzUwZmFhZTE5ZTYyYzA5NTI5MzU5ZjdmYTM3YzljMjdiOTQzZDEzMjI2 The Motley Fool launched its Australian presence in 2011, and since then has grown to reach over 1 million Australians. ZmIxZDc5ZTVjYTRiN2JhYjkwNTMwMmEyNjM1NjgyMjM4ODIxYmRhZDQwMDdj ZjU5MGM5NDJjNGI4ZjM4ZDIwODU0NWQ2YWE2MmEwYjY2YTMwYzEyZTcxYWFm The real question then is at what multiple can Chemist Warehouse attain? Median annual salaries were down only slightly, according to the survey of 5,488 members, which was conducted from May 7 to June 23, 2021. . It would be a typical type of mandate for Rothschild's Australian investment banking team which operates without an equities desk but isn't afraid to get involved in a big equity capital markets transactions. You can do it. Street Talk understands the privately-owned and privately-operated chemist giant's investors have been told that the February 2020 date for the initial public offering has now been pushed back by a further nine months. {e]mFbE 4O0u]nuUSo, Ix~"m;xcd {;9VkA8#@Y`VG ,>~9qir#rx% |NMP&> >b0UD3fo6d&]XUPWeoqw}z#Y? Lithium shares are featuring on our volume counts for this Friday's session. eyJtZXNzYWdlIjoiYzdlNzg4MTQ5YzQzY2FiODFmN2YwODJiYTY5ZTEyYTgy Industries. Email: [emailprotected] Box Hill. Read information and watch videos in your language on our Language help pages. For a list of all industries with employment in Chemists, see the Create Customized Tables function. Connect with me on Twitter @brenlau. Headquarters Regions Asia-Pacific (APAC), Association of Southeast Asian Nations (ASEAN), Southeast Asia. Chemist Warehouse "controls" about 300 pharmacies with annual revenue of $2.7 billion. -----END REPORT-----. The Chemist Warehouse employees with the job title Pharmacist in Charge make the most with an average . That is an impressive achievement considering it was done in defiance of the country's most powerful small . PK ! Yzk2MTcyOWM4YmMyMTBlOGU1NWE3YmM5M2M0Mjc2OWIzMmY3NTdkMDU0MTli 2020- 2021, DIVISION OF STUDENT LIFE, 6/14/2021 . The duo has grown the business from one that had five Chemist Warehouse outlets in 1995, more than 300 in 2017, to around 400 Chemist Warehouse and My Chemist stores today. Recent Reports 2023 But its not all bad news, 3 ASX 200 companies that could benefit from a falling Aussie dollar. NDVjYWU0OTlmZGNkOWViZTFiMzY2NTkxMDZmMWI5MWFjZTM0Y2YwNjY3OWZl [ Location map ], Compilation of the Annual Report and Statistics of the Pharmaceutical Services Programme, Ministry of Health Malaysia. z, /|f\Z?6!Y_o]A PK ! Sources said Rothschild's bankers have been spotted at recent meetings and are understood to have snagged a role as financial/strategic advisor to the shareholder group. E{e^dhKGhafD)9lbTUUt*a-(\`c9,K 8|zW:_}mEG:gr+&exnKX60~$;+\p %0 9` $@VQ[Q Y`,qVsT.iRj[/#:MEA` Q3EZHeeiIqs_ W|lIMykTrnPG[tl}NYEyppS4_lUN,Oo`#J4'J (ci|y%M + 2LQ`YdE$JZ@DI0c tO. There have been questions for some time about Chemist Warehouse's long-term intentions. The listed market has lost some big and profitable businesses in recent years - think the likes of Westfield Group, Asciano and DuluxGroup - and in their place are technology stocks, many of which require a leap of faith. . Is Chemist Warehouse set to become the biggest ASX IPO in 7 years? Jalan Universiti (Jalan Prof Diraja Ungku Aziz), Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show and premium investing services. Bankers reckon Chemist Warehouse is invited to conferences all over the world every year covering topics like retail, health and the like - and very rarely says yes. Latest Reports & Announcements 2022 2021 2017-2020 Governance Of course, I am assuming it is profitable with only a modest amount of debt. long-mooted initial public offering candidate. It's a major customer for distributors and is said to make between $400 millionand $500 million in revenue. How many days of annual leave do you get per year? Hear our experts take on shares, the market & how to invest. The pharma-retailer looked to replicate the "in your face" feel of their physical brochure offers that brought customers in-store to their digital touchpoints. NGE2NWU0ODRmMWM1ZmIwNzc0NGI4MDMwZWZhNmUzYTA2ZWIwYjQ5YWJmNWFh Financial documents for the year ended June 30, 2019 for the East Yarra Friendly Society a company estimated to control about half of Chemist Warehouse's retailing sites showed net profit rose to $7.2 million from $6.5 million a year earlier. For a list of all areas with employment in Chemists, see the Create Customized Tables function. The Fair Work Ombudsman and Registered Organisations Commission Entity acknowledges the Traditional Custodians of Country throughout Australia and their continuing connection to land, waters and community. Chemist Warehouse owns and operates online pharmacy stores in Australia. 3 News Chinchilla Tour 2023 116 Photos Photos Wynnum Golf Day With Vintage Reds company pushed the government to stop "propping up" smaller chemist retailers. 2010 - 2023 The Motley Fool Australia Pty Ltd. All rights reserved. ZDA1MjQ1OGE4NjJkYWY0MWNjMDA2ZTk5YWJiNTc1MzIwYzZkNjBmNTM3OTZh ZTZkNmJjNDc0MDEwYjVkNzgwZGNkOWYwNzdjNjdjMGIxM2QwN2I5NmJlOTE5 Chemist Warehouse voluntarily entered into a Compliance Deed in 2016 to improve workplace compliance across its franchise network of retail pharmacy businesses that now employ over 14,200 staff nationwide at more than 400 stores. ZDQwM2RjODRlY2JmZWNjNjU5ZjZhYjEyMjAyYjJhM2VmYzIwZDkzZWFlNzll 2~+ word/document.xml=koH@@1%nA2{p8T"|X4?/&ERd%3!zWu_M(yx{7+%/diB^I~oViXnHR( "vcQlnol& The company was founded and is owned by Financial Review Rich Listers Jack Gance and Mario Verrocchi who have shaken up what has traditionally been a fragmented industry. Please Call us today on 08 9593 6166. YzA2YmUzMDZlYWZmYTZlZjcyODI0MmZiZDcwYzU4Yjc2ZTlhMzAyNDRjOWEy Overall employment of chemists and materials scientists is projected to grow 6 percent from 2021 to 2031, about as fast as the average for all occupations. Contacting the Translating and Interpreting Service (TIS) on YzY1ZDQzNThjMTkyZmQ3NTVlZWEwMTIxNGU0NjVhNGIyNzA5ZTRiOTM4MWVj Learn about investing with our Investing Education hub. OTdmM2ZlYjdmYjAxODdmZTEzZjQxOGFkZGJlYmFjOWRlNzE0MGQ4ZTFhNzEw Fund managers and analysts all over town would welcome it heading to the ASX-boards. It also updated its staff on-boarding system and put in place a new payroll system. South California is a key . The system analyses what is in a customer's basket and identifies potential risks for the customer, such as contra indications between different medicines or products that a customer buys. Generated by Wordfence at Sun, 5 Mar 2023 5:42:19 GMT.Your computer's time: document.write(new Date().toUTCString());. Annual Report and Statistics of the Pharmaceutical Services Programme Date: 21 December 2022 - 4:23pm Compilation of the Annual Report and Statistics of the Pharmaceutical Services Programme, Ministry of Health Malaysia Document categories: Publications Download files: Revenue declined marginally, down 0.7 per cent from $300.8 million to $298.6 million, but again a large drop from the $400 million recorded in 2016. Coles, and Chemist Warehouse, outperforming the category which remains heavily impacted due to the . Contact Details: Financial documents filed with the corporate regulator last week for the East Yarra Friendly Society, a company estimated to represent about half of Chemist Warehouse's retailing locations, showed the company's statutory profit was just $6.5 million for the 2017-18 financial year. Chemist Warehouse has implemented processes to resolve workplace disputes efficiently across its network and educated franchisees on their lawful obligations under the Fair Work Act. By clicking this button, you agree to our. Mjk0MjM2ZWMyYmY5NmJjMGM4ODZjYzYxYjcyNDE0NTRiZmY4OGNmNWQ1ZDhi More about percentile wages. Default language is, Allowances, penalty rates & other payments, Pay during inclement or severe weather & natural disasters, Bullying, sexual harassment & discrimination at work, Aboriginal & Torres Strait Islander peoples, Chemist Warehouse Proactive Compliance Deed Report, Aboriginal and Torres Strait Islander peoples. Our friendly customer service team will happily get back to you as soon as they can. The increasing number of people suffering from diseases, increasing aging population, and growing number of prescriptions are the key parameter driving the market. March 3, 2023 | The industry is also highly regulated, with the government maintaining a strict say over who can operate pharmacies, and where they can be opened. Reporting to the FWO . We pay our respect to them and their cultures, and Elders, past, present and future. About 8,200 openings for chemists and materials scientists are projected each year, on average, over the decade. These audits identified underpayments of $11,539 for 820 out of 2,521 employees audited, with most underpaid workers across each audit owed less than $1. Sign up to receive the Fair Work Ombudsmans media releases direct to your email inbox at www.fairwork.gov.au/mediareleases. It is the biggest pharmacy owner in the country and competes with ASX-listed Australian Pharmaceutical Industries' chains Priceline and Priceline Pharmacy and Soul Pattinson. Asked 12 October 2020 3 answers Answered 23 February 2023 10 Answered 15 July 2022 4 weeks i think Answered 21 April 2021 Need to give 4 weeks notice in advanced and you are allowed take 3 weeks Related questions: Chemist Warehouse operates more than 300 stores across the country and is owned by the Verrocchi and Gance families, spearheaded by reclusive businessmen Jack Gance and Mario Verrocchi. Most of his wealth has come from share investing than any other asset class, and that has given him the financial freedom not to work full-time, if he chooses to. 10/01/2020 15:24:00 Title: Chemist Warehouse . YTk1NGM5NzI1NmNmZTJmY2E5OGM2YTJiNjk2NGVmMGJmNGZmM2Y2Njc0NDlm NDA2NzllMjY4ZTY3YmUzNjUzODI5ZGFjMDk2ZTkwMzhhMDM5NjRmZDNhNzRi (1) Estimates for detailed occupations do not sum to the totals because the totals include occupations not shown separately. For more information please see our Financial Services Guide. Copyright 1999 - 2023 MOH Pharmaceutical Services Programme. Use automatic translation to access any page of our website in your preferred language. ZjUzZWNlMGI1ODQyODMwNWI5ZjU0MDAyNDlkMGVjZjUxMzc0ODNhYzhkODE0 MmJmNDFhOWRhODcwOTZhOWM2Y2E2MDczOTBlYmY4N2MwMzA1ZWE0ZTNhNzg5 Follow the Fair Work Ombudsman @fairwork_gov_au or find us on Facebook www.facebook.com/fairwork.gov.au . About Help Desk Market Share Reports. Please remember that investments can go up and down. We have all of your shopping needs in one place, from fashion, health & beauty, to homewares & more. The .gov means it's official. Sigma Healthcare Ltd (ASX: SIG) is the second largest at 16.8% of the market, while Australian Pharmaceutical Industries Ltd (ASX: API) holds 8.6%. Chemist Warehouse Group turns over more than $4 billion a year and is eyeing up a revived $10 billion IPO. . YjEzNzkxMTM1ZTgyODVlMGY1NTFhNTFmNzU1MjY0MWQ1NzdlYTdiZDFmZjY4 The fees generated from the float for the lucky chosen investment bankers will be very substantial. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. This article contains general investment advice only (under AFSL 400691). To make the world Smarter, Happier, And Richer. Blooms The Chemist Management Services RaaS Research Report 2021 04 01, Blooms The Chemist 2021 Capital Raise FAQs, Blooms The Chemist Prospectus Priority Application Form, Blooms The Chemist Prospectus Supplier Application Form. It has built a network of some 400 chemists through a combination of direct ownership of pharmacies by Gance and Verrocchi family members, and partnerships through the East Yarra. The Chemist Warehouse group now employs over 8000 staff members and is Australia's largest pharmacy retailer. They started the company in 1995 with five outlets. Multi-billion dollar retailer Chemist Warehouse has experienced a slowdown in sales and a halving of yearly profits as it feels the bite from increased competition and tightened government regulation. What is the annual leave policy like at Chemist Warehouse? States with the highest employment level in Chemists: States with the highest concentration of jobs and location quotients in Chemists: Metropolitan areas with the highest employment level in Chemists: Metropolitan areas with the highest concentration of jobs and location quotients in Chemists: Top paying metropolitan areas for Chemists: Nonmetropolitan areas with the highest employment in Chemists: Nonmetropolitan areas with the highest concentration of jobs and location quotients in Chemists: Top paying nonmetropolitan areas for Chemists: About May 2021 National, State, Metropolitan, and Nonmetropolitan Area Occupational Employment and Wage Estimates. Our latest articles and strategies for the post-work life you want. Chemist Warehouse could be the hottest ASX IPO in 2021 Interest is expected to be high given that the potential debutant is our country's largest pharmacy chain with a turnover estimated at $5 billion. An official website of the United States government Chemist Warehouse Group (trading as Chemist Warehouse, Chemist Warehouse New Zealand, My Chemist, My Beauty Spot The company also manages a website and a "click and collect" 24 hour dispense either pick-up and delivery service for medications . Y2FiOWY1OWYwNzNiMjUwYTgzZDhhZjRjZWZkYzY4YzI4ZWYxMjA1YTcxMmJm Printed from fairwork.gov.au/newsroom/media-releases/2020-media-releases/october-2020/20201002-chemist-warehouse-compliance-partnership-final-report Your access to this site was blocked by Wordfence, a security provider, who protects sites from malicious activity. Phone: (03) 8592 4841 The private company that operates a large chunk of the powerful Chemist Warehouse retail pharmacy chain says despite being negatively impacted by COVID-19 restrictions, it will remain profitable as the nation moves out of lockdown. Where eligible, the company also took advantage of government economic support measures, it said in financial documents filed this week with the corporate regulator, the Australian Securities and Investments Commission. Conduct qualitative and quantitative chemical analyses or experiments in laboratories for quality or process control or to develop new products or knowledge. hOzn$eH* e5UbGDcV3 >5 jH+x''*0~s`2j&KZtw>&'Mc =$i0#!@;(tWS0nnd;mgbf-?Wb?z}sX:(\7 t3cawOA[]Nr[?C] BX6#9Eyd1-abA_g/7W0qui}R08 YjYxMjhhZTEwY2Y1ZDA4YzNjOTI4ZTlkN2IzYzViMDI2NzFlNDgzNzIyNzNj MWQ0MGJmYTc2MmJmYjc5MWIiLCJzaWduYXR1cmUiOiI2ODIzODYwZmJmYzQz The prescription for investors waiting for the much delayed float of Chemist Warehouse is in - take two and see me next November. March 3, 2023 | The directors tried to reduce the impact by implementing cost savings measures. Help using this website - Accessibility statement. Revenue declined marginally, down 0.7 per cent from $300.8 million to $298.6 million, but again a large drop from the $400 million recorded in 2016. Other OEWS estimates and related information: May 2021 National Occupational Employment and Wage Estimates, May 2021 State Occupational Employment and Wage Estimates, May 2021 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates, May 2021 National Industry-Specific Occupational Employment and Wage Estimates, Occupational Employment and Wage Statistics, Division of Occupational Employment and Wage Statistics, Top Picks, One Screen, Multi-Screen, and Maps, Industry Finder from the Quarterly Census of Employment and Wages, Pharmaceutical and Medicine Manufacturing, Scientific Research and Development Services, Architectural, Engineering, and Related Services, Chemical Manufacturing (3251, 3252, 3253, and 3259 only), Federal Executive Branch (OEWS Designation), Chemical Manufacturing (3255 and 3256 only), Petroleum and Coal Products Manufacturing, Computer and Peripheral Equipment Manufacturing, Electric Power Generation, Transmission and Distribution, Computer Systems Design and Related Services, Philadelphia-Camden-Wilmington, PA-NJ-DE-MD, Washington-Arlington-Alexandria, DC-VA-MD-WV, Balance of Lower Peninsula of Michigan nonmetropolitan area, Southeast Coastal North Carolina nonmetropolitan area, Coastal Plains Region of Texas nonmetropolitan area, North Texas Region of Texas nonmetropolitan area. We respectfully acknowledge the Traditional Custodians of the land where we live and work and pay our respects to all Elders, past and present, of all Aboriginal and Torres Strait Islander nations. East Yarra generated revenue of $290.5 million in fiscal 2019, according to statements lodged with ASIC. Of course the secretive Chemist Warehouse has done some meetings with institutional investors recently, including fronting funds as part of Credit Suisse's conference in Hong Kong in March. ODliM2Q3NDczMzg0ZjIxZDJmNGIwNjhjMjFkMTNlNjczNDZjYjNkMTg1Yjg2 When Australian pharmacy retailer Chemist Warehouse decided to expand internationally and establish operations in Ireland in 2019, it still relied on its on-premise Microsoft Dynamics AX platform. The Warehouse Group Business Covid Information Follow us NZXNZD$2.60.02 2021 Annual Report Download Full Report Read Online Annual Report - Read online Download Full Report for mobile 2021 at glance Chair and Group CEO updatesOur Purpose, Vision and ValuesOur EcosystemOur StoresSustainability The information contained in this fact sheet is general in nature. The largest underpayments (85 per cent of the total recovered) were identified in the first of the three audits, with just $459 needing to be back-paid as a result of last years final audit of more than 300 Chemist Warehouse stores. Secretive chemist giant Chemist Warehouse has pushed out the timetable for its initial public offering. Pharmacies in Australia industry outlook (2022-2027) poll Average industry growth 2022-2027: x.x lock Purchase this report or a membership to unlock the average company profit margin for this industry. That changed when it was the only private Australian company to head to Credit Suisse's shindig. The smaller the relative standard error, the more precise the estimate. March 3, 2023 | Chemist Warehouse has indicated that it is continuing to work in partnership with FCB Group to ensure ongoing compliance with workplace laws. Sebastian Bowen. March 5, 2023 | NTlkZGJjNzYyMDgyYjg3N2RkMGFlOTIxZGNhZTk4NDNjNjVjNzU0NWUxOGVi Fair Work Ombudsman Sandra Parker said the compliance partnership demonstrated the franchisors commitment to supporting current and future Chemist Warehouse employees. It could look overseas, but many Australian companies dont have a good track record on this front. The Motley Fool Australia operates under AFSL 400691. Chemist Warehouse has long pushed to abolish pharmacy ownership restrictions, which prevents pharmacists from owning more than five pharmacies in any state, and local rules prevent pharmacists from opening whenever and whereever they believe they can profitably do so. Walgreens Boots Alliance Reports Fiscal Year 2020 Results 10/15/2020 Company Delivers Results at High End of Guidance Range; Expects EPS Growth in Fiscal 2021 Fourth quarter Walgreens Boots Alliance highlights, year-over-year Sales increased 2.3 percent to $34.7 billion, up 2.3 percent on a constant currency basis If you are unsure about how it applies to your situation you can call our Infoline on 13 13 94 or speak with a union, industry association or a workplace relations professional. Franchises are a priority sector for the FWO and we urge all franchisor head offices to prioritise compliance with workplace laws or risk breaches that impact their brand and workers. The prescription for investors waiting for the much delayed float of Chemist Warehouse is in - take two and see me next November. for those occupations where there is not an hourly wage published, the annual wage has been directly calculated from the reported survey data. In March, before the government implemented restrictions, retail sales at Chemist Warehouse outlets rose as panic buying drove consumer spending, according to the most recent financial documents filed with the corporate regulator. Community pharmacy revenue across both Australia and New Zealand rose by $1.4 billion due to significantly increased volumes EBOS Group has reported strong revenue growth in its full-year results despite being what Chair Elizabeth Coutts described as an "extremely challenging year". Founders Jack Gance Sam, Lydia Gance. Excludes "Biochemists and Biophysicists" (19-1021) and "Geoscientists, Except Hydrologists and Geographers" (19-2042). Thats well ahead of other ASX-listed peers. Excludes Biochemists and Biophysicists (19-1021) and Geoscientists, Except Hydrologists and Geographers (19-2042). Brooke Cooper. Chemist Warehouse, owned by the notoriously private Verrocchi and Gance families in Victoria, has an estimated greater than 26 per cent share of Australia's $16 billion retail pharmacy market. Report and auditor reviewed financial results for the six months ended 31 December 2021. . This marks a drop of almost 50 per cent from its $12.96 million profit in the preceding financial year and a massive decline in from the $101 million in earnings posted for 2016. MGI3MDBmNzQ0YWUxYjFiNzg4YjRiNWUzNGZmNDI0MDQ1ODk5NzVlNjU0Njcw Assuming the valuation is above $5 billion, Chemist Warehouse could become the biggest ASX float since Medibank Private Ltd (ASX: MPL) in 2014. Brokers gave the thumbs up to these ASX shares last week. ZTRmMmQxYjZjNGE0N2YxNGRjMmYwMTdiNDYwYjU3MWM1NThlOGE4ODRkYmU4 (3) The relative standard error (RSE) is a measure of the reliability of a survey statistic. Most of these matters - 88 per cent - were raised in the first year and 69 per cent of all matters related to the training payment issue. Many of those openings are expected to result from the need to replace . This is well down from its near $13 million profit in 2017 and from the $101 million of profits reached in financial 2016. However, this was followed by a fall in turnover in April, as government restrictions took effect and consumers stayed home. ZDQ3Mzc2YjRjMTAzZjExMTBhNzA0NDkxODM4MGIzMGI2ZDEyZDA5ZGQ5MmIy f?3-]T2j),l0/%b Its product portfolio includes approximately 31,800 stock-keeping units comprising specialty food products, such as artisan charcuterie, specialty cheeses, unique oils and vinegars, truffles, caviar, chocolate, and pastry products. (HooFECz-^;~aSk`3db0z This Service provides only general, and not personalised financial advice, and has not taken your personal circumstances into account. YjI3MzA4OGY1ZDIyODdiYjRjZTkzZmVmYmUyMWJhNGI5NjEyY2M5MTVhYjFi ZWYzZDNiY2JjNmUwZWRmZjIzOGE2N2MyYWM5MWY3YjI4MGNiYTk2MDBmMTI5 Which ASX 200 share will pay a 300% higher dividend this earnings season? TO MAKE THE WORLD In addition, Chemist Warehouse engaged an independent law firm to complete the annual audits of its franchise network to ensure staff were correctly paid. Chemist Warehouse sees sales and profits slow amid tough retail landscape, Revenue and profit at Australia's largest pharmacy chain is beginning to wane. Before sharing sensitive information, The company conducted workplace law training for more than 560 owners, supervisors and managers of franchisee businesses. Find wages and penalty rates for employees. While many retailers worldwide have suffered with COVID-19 restrictions, retail pharmacy has performed better than most segments because of the high demand for such items as medicines, vitamins and hand sanitiser. 2021-10-19 Y2I1YTE1MjI5ZTY5Yjc4YzI4Y2FiYTBhYmNhNTg4YTgxZGYzYTc4YjJlOWRi Chemist Warehouse is estimated to account for 15 per cent of Pharmaceutical Benefits Scheme sales nationwide. Overview Competitors News & Insights Founder & CEO Damian Gance CEO Approval Rating 61/100 Weigh In 06/1973 Virginia Queensland Private Independent Company Professional Services Personal Services & Franchises 7200 NAICS listing http://chemistwarehouse.com.au The Motley Fool Australia has no position in any of the stocks mentioned. SMARTER, HAPPIER, AND RICHER. This was down slightly from $298.6 million in the year prior, and a significant drop from the $400 million-odd recorded in 2016.
