Another 7 FAQ
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Another 7 frequently asked questions... (..with the answers)
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Transcript of Another 7 FAQ
Another 7 frequently asked questions...(..with the answers)
How's the integration going...?
150K Ha
Shareholders
26%
5%
69%
RCIBWIPublic
When will your fruit production increase YOY?
60,000
80,000
100,000
120,000
May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Nucleus fruit tons
What's the expansion strategy now?
Cash Flow
20,000
30,000
40,000
50,000
60,000
2013 2014 2015 2016
Immature hectares
Why 1Q so bad ?
4Q, 300k tons of fruit
1Q, 265k tons of fruit
New mature hectares
Interest expense match w mature %
30%
70%
MatureImmature
How to make Eagle high plantations forecast ?
Production forecastYear Age Yield Production
199719981999 Prime 14,6672000 13 up2001200220032004 Mature 15,3862005 9 To 12200620072008 Young mature72,2802009 4 to 820102011
Total
Production forecastYear Age Yield Production
199719981999 Prime 14,667 24 352,0182000 13 up2001200220032004 Mature 15,386 20 307,7182005 9 To 12200620072008 Young mature72,280 12 867,3612009 4 to 820102011
Total 1,527,097
Production forecastNucleus Fruits 1,527,097OER 23.7%KER 3.9%FFB 6%
Production forecastNucleus Fruits 1,527,097OER 23.7% 361,922KER 3.9% 59,557FFB 6% 91,626
Production forecastNucleus Fruits 1,527,097OER 23.7% 361,922KER 3.9% 59,557FFB 6% 91,626PriceOil 8.0Kernel 4.3FFB 1.6
Production forecastNucleus Fruits 1,527,097OER 23.7% 361,922KER 3.9% 59,557FFB 6% 91,626PriceOil 8.0 2,924,460Kernel 4.3 2,346FFB 1.6 148,074Sales 3,074,880
Cash costs2014
Fertilizing & maintenance 265,567Harvesting 107,828Mill 34,516G&A 157,113Plantation Cost 565,024
Cash costs2014
Fertilizing & maintenance 265,567Harvesting 107,828Mill 34,516G&A 157,113Plantation Cost 565,024Opex 158,733Total cash cost 723,757
Cash costs2014
Fertilizing & maintenance 265,567Harvesting 107,828Mill 34,516G&A 157,113Plantation Cost 565,024Opex 158,733Total cash cost 723,757Mature Ha 40Cash cost per ha 18Note: GE Only
EBITDA
Cost per ha 18
Mature area ha 102,000Total cash cost 1,836,000
EBITDA
Cost per ha 18
Mature area ha 102,000Total cash cost 1,836,000
Sales 3,074,880EBITDA 1,238,880
EHP Balance sheet1Q2015
Mature plantation 6,822Immature plantation 3,676Addition to immature 107PPE 73Capex 180Debt 7,398Equity 6,886
EHP Balance sheet1Q2015
Addition to immature 107PPE 73Capex 180
EHP Balance sheet1Q2015
Addition to immature 107PPE 73Capex 180
Immature hectares 34.30Capex per hectare 5.26Annualized 21.04
2015 capex Rp. 21mn * 38k ha = Rp798bn
EBITDA & EBITDA - CAPEX
-2100
-1400
-700
0
700
2011 2012 2013 2014 2015
EBITDA & EBITDA - CAPEX
-2100
-1400
-700
0
700
2011 2012 2013 2014 2015
What's the impact of the El Niño?
Palm oil & El Niño
$0
$350
$700
$1,050
$1,400
1960 1970 1980 1990 2000 2010 2015
V strongStrongModerateWeak
May 1968 October 1976 March 1985 August 1993 January 2002
When will the share price go up...more?
EBITDA & BWPT
4Q 2Q 4Q 2Q 4Q 2Q 4Q 2Q 4Q 2Q 4Q 2Q 4Q
Foreign Analyst EBITDA 2016
DBS Vickers 1,657
Credit Suisse 1,663
CIMB Securities 1,828
Average 1,716
EBITDA & BWPT
4Q 2Q 4Q 2Q 4Q 2Q 4Q 2Q 4Q 2Q 4Q 2Q 4Q
EBITDA & BWPT
4Q 2Q 4Q 2Q 4Q 2Q 4Q 2Q 4Q 2Q 4Q 2Q 4Q
