Ksg Agro Sa · GPW:KSG
Ksg Agro Sa — 1Q 2013 Earnings Presentation
12 slides from Ksg Agro Sa's earnings presentation, June 2013
Slide 1: KSG Agro: Operational & Financial results for 1Q 2013 and 2012
KSG Agro Operational & Financial results for 1Q 2013 and 2012 June 2013
Slide 2: Disclaimer
Disclaimer The information in this document has not been independently verified and no representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained herein. None of the
Slide 3: Executive summary 2012 and 1Q 2013
Executive summary 2012 and 1Q 2013 Further implementation of the Group’s strategy – goals achieved in 2012 Strategic acquisitions (Pererobnyk Complex, Agroplaza Group, Agrotech) Land bank increased by 50% to 92k ha Increase in storage capacities by additional 60k tones up to 120k tones Ver
Slide 4: Consolidated results
Consolidated results (USD m) 1Q 2013 1Q 2012 Change 2012 2011 Change Revenue 8,2 4,6 +78,3% 37,2 34,7 +7,2% Net change in fair value of bio. assets 3,9 1,7 +129,4% 22,1 14,8 +49,3% Cost of sales -7,4 -3,3 +124,2% -39,8 -35,6 +11,8% Gross profit 4,7 3,0 +56,7% 19,6 13,9 +41,0% Selling, general and ad
Slide 5: Segmented revenue gainers
Segmented revenue gainers Farming, 000'USD Food processing, 000'USD Other products, 000'USD Main crops 2011 2012 Key products 2011 2012 Key products 2011 2012 Grain crops 2,893 7,391 Flour 3,308 5,247 Milk 0 777 Sunflower 19,719 12,583 Bulk oil 1,084 3,087 Fruit & Vegetables 867 236 Others 971 62 Me
Slide 6: Revenue 1Q 2013
Revenue 1Q 2013 Revenue (USD m) Revenue breakdown (USD m) 22,7 18,6 1,9 10,9 9,3 8,2 4,6 4,6 1,6 3,1 1,8 0,7 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q Crop Production Food processing 2011 2011 2011 2011 2012 2012 2012 2012 2013 Other operations Key revenue drivers in 1Q 2013 Crop production (+150% revenue grow
Slide 7: CAPEX 2012
CAPEX 2012 Total Cash paid in Cash paid in Borrowed investment Operating cash CAPEX in 2012 2012 2013 Source of financing capital # in 2012 flow (USD m) (USD m) (USD m) (USD m) (USD m) Land bank increase (from Depreciation charge, profit of 1 9,6 4,3 5,3 4,3 - 61k ha to 92k ha) the period Trade fina
Slide 8: CAPEX 2013
CAPEX 2013 Total Cash paid as Cash to be Borrowed investment Operating cash CAPEX in 2013 of 1Q 2013 paid in 2013 Source of financing capital in 2013 flow (USD m) (USD m) (USD m) (USD m) (USD m) Land bank increase (from 92 Depreciation charge, profit of 1 9,8 - 9,8 9,8 - ths ha to 120 ths ha) period
Slide 9: Selected financial data
Selected financial data In thousands of US dollars 2012 2011 Income Statement summary Revenue 37,222 34,665 Profit for the year 11,660 27,372 EBITDA 25,228 30,119 Balance Sheet summary Property, plant and equipment 76,489 50,663 Total non-current assets 109,341 72,727 Cash and cash equivalents 711 1
Slide 10: Annexes
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Slide 11: KSG Agro S.A. land bank
KSG Agro S.A. land bank 3.8 1.5 64.7 Land bank controlled by KSG Agro, ths. ha 1.6 20.4 10
Slide 12: Cash flow 2012
Cash flow 2012 (USD m) 7,0 11,6 8,0 1,1 31,7 0,7 -16,1 -11,2 -6,0 USD -0,7m -25,4 Cash at the Profit before Depreciation Unrealised Other Change in Interest paid Cash flow from Cash flow from Cash at the end of 2011 tax gain on working investments financing end of 2012 biological capital assets US