Cellar Master's Report

Cellarmaster’s Annual Report for 2012

At the end of my third year as your Cellarmaster I profess to have enjoyed myself immensely – spending other people’s money on good wine!
My task at the start of my tenure was to “modernise the Cellar which contained too many unloved bottles – mostly old Aussie reds – nothing wrong with that except we were getting further and further behind drinking them!
The trick was to flog off the unloveds to the Members – who bought them all at bargain prices and used the proceeds to purchase new stock – and overall – to reduce our total stock to manageable proportions.
We have increased our stock of outstanding imports – Bordeaux’s, Burgundies and Barolos to mention a few and the world has been blessed with some of the best vintages in recent memory – not to forget the strong $A!
So for the figures for 2012:
Purchases: 199 Bottles for $11,122 at an average of $56 each
Auctioned: 138 Bottles for $ 4,968
Used at Dinners: 162 Bottles – therefore a net reduction of 101 Bottles
End Result: We have a Cellar Stock of 1530 Bottles worth around $98,000 at an average value of approx. $64 each.
So – as someone said – ‘Less is more’?

Thanks, Jim Patterson