CRT and Farmlands officially merged on March 1 last year to create a national co-operative.
The merger was one of the largest transactions in New Zealand that year, involving entities with combined historic revenues of $2 billion a year.
In a statement yesterday, Farmlands also announced turnover of $2.46 billion, up 13% on the previous 12 months.
It has announced a record year-end bonus rebate and will distribute $17.6 million to shareholders.
Shareholder numbers had grown, with a net increase of 2200 and now exceeded 58,000, chairman Lachie Johnstone said.
Chief executive Brent Esler said the co-operative was pleased to report such a successful year's trading, especially while undergoing ''significant change'' within the business, following the merger.
Introducing a national Farmlands brand had been a ''significant and essential project''. There were 81 store locations throughout the country.
A notable event during the year was the acquisition of animal nutrition company NRM, from Viterra, which had been integrated into Farmlands' nutrition business.
Replacement store developments in Rotorua, Mossburn, Greymouth and Amberley had also been completed.
