Singapore Exchange Ltd. · SGX:S68

Singapore Exchange — Global Palm Resources Holdings — FY2016 Earnings Presentation

17 slides from Singapore Exchange's earnings presentation, February 2017

  1. Slide 1: Global Palm Resources Holdings Limited 4Q/FY2016 Results

    Global Palm Resources Holdings Limited 4Q/ FY2016 Results February 2017

  2. Slide 2: A palm oil producer in Indonesia

    A palm oil producer in Indonesia Office Office Plantation and mill Office Plantation (Cultivation) Mill (FFB Processing) Products In West Kalimantan, Indonesia Process FFB harvested from Nucleus; Crude Palm Oil (CPO) purchased from Plasma farmers and Customers: Indonesian palm oil As at 31 December

  3. Slide 3: Salient Highlights for 4Q2016

    Salient Highlights for 4Q2016 Financial performance • EBITDA at Rp29.7 billion • Revenue increased 60% to Rp122.2 billion: – CPO sales revenue increased 56% to Rp110.4 billion contributed from higher CPO sales volume and and average selling price – PK sales revenue increased 107% to Rp11.7 billion m

  4. Slide 4: P&L Highlights

    P&L Highlights Indonesian Rupiah 4Q2016 4Q2015 Var % FY2016 FY2015 Var % (Billions) Revenue 122.2 76.5 +60 385.7 321.6 +20 Gross profit (GP) 33.3 (0.9) n.m. 91.7 53.4 +72 Profit before tax 25.0 3.4 +630 69.9 35.7 +96 Net Profit for the period 13.0 4.0 +225 48.5 27.9 +74 Profit attributable to 12.4 4

  5. Slide 5: Segment Review

    Segment Review 4Q2016 4Q2015 Var % FY2016 FY2015 Var % Sales volume (tons) CPO 14,007 13,504 +4 46,175 45,021 +3 Palm kernels 2,003 2,008 n.m. 8,035 8,009 n.m. Ave. Selling Price (Rp/kg) CPO 7,884 5,243 +50 7,467 6,530 +14 Palm kernels 5,857 2,823 +107 5,099 3,441 +48 Revenue (Rp’ billion) CPO 110.4

  6. Slide 6: Balance Sheet Highlights

    Balance Sheet Highlights Indonesian Rupiah (Billions) 31 Dec 16 31 Dec 15 Var (%) Total assets 764.2 720.1 +6.1 Total liabilities (108.0) (72.8) +48.5 Current ratio (times) 7.2 11.5 (37.3) Net Gearing (%) n.m. n.m. n.m. 6

  7. Slide 7: Cash Flow Statement Highlights

    Cash Flow Statement Highlights Indonesian Rupiah (Billions) 4Q2016 4Q2015 FY2016 FY2015 Net cash from/(used) in operating activities 25.4 (8.7) 105.0 (43.3) Net cash used in investing activities (5.9) (4.6) (20.9) (33.5) Net cash used in financing activities (5.3) (1.4) (19.5) (33.4) Cash on hand an

  8. Slide 8: Production Highlights

    Production Highlights

  9. Slide 9: Production Output

    Production Output FFB produced ('000 tons) – Nucleus only 154.2 146.7 138.6 132.6 42.7 41.9 40.3 38.9 39.7 36.3 37.9 45.0 35.9 33.1 32.8 30.3 24.1 33.1 28.4 31.6 1Q13 2Q13 3Q13 4Q13 2013 1Q14 2Q14 3Q14 4Q14 2014 1Q15 2Q15 3Q15 4Q15 2015 1Q16 2Q16 3Q16 4Q16 2016 FFB yield (tons/ha) - Nucleus only 15.

  10. Slide 10: Production Statistics

    Production Statistics Production Output 4Q16 4Q15 Var % FY16 FY15 Var % (Tons) CPO 15,811 13,926 +14 46,291 49,163 (6) Palm kernels 2,573 3,097 (17) 7,754 9,846 (21) 4Q2016 4Q2015 2,079 tons 2,562 tons 25,969 tons 22,980 tons 45,050 tons 37,887 tons FFB purchased from 3rd party FFB purchased from Pl

  11. Slide 11: Plantation Statistics

    Plantation Statistics

  12. Slide 12: Plantation statistics

    Plantation statistics FY2016 % of total FY2015 % of total Total Planted Area (ha) 13,480 100% 13,667 100% Mature 12,503 92.8% 13,511 98.9% Immature 977 7.2% 155 1.1% • Total land bank 16,079 ha • 2,599 ha available for future cultivation 12

  13. Slide 13: Age Profile @ 31 Dec 2016

    Age Profile @ 31 Dec 2016 Area cultivated First 3 years 4 - 6 years 7 - 18 years Above 18 years Total (Immature) (Mature) (Prime) Nucleus (ha) 977 1,346 1,279 5,524 9,126 Plasma (ha) 0 630 1,698 2,026 4,354 Total (ha) 977 1,976 2,977 7,550 13,480 % of cultivated area 7.2% 14.7% 22.1% 56.0% 100.0% Nu

  14. Slide 14: Industry Outlook and Business Strategies

    Industry Outlook and Business Strategies 14

  15. Slide 15: Average Selling Prices (Rp/Kg)

    Average Selling Prices (Rp/Kg) CPO Palm kernels 8,496 8,472 8,070 7,879 8,004 7,963 7,884 7,636 7,780 7,057 7,194 7,338 6,451 6,353 6,230 5,819 5,857 5,509 5,257 5,243 4,618 4,847 4,668 3,849 3,446 2,872 2,983 2,823 2,494 2,661 2,425 2,262 1Q13 2Q13 3Q13 4Q13 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15

  16. Slide 16: Strategies And Future Plans

    Strategies And Future Plans Expansion Optimisation Develop uncultivated land bank Co-Composting plant •Land location permit obtained for 6,546 ha • Yielding cost savings from use of organic compost of land in West Kalimantan fertilisers from our plantation’s EFB and POME Actively pursue potential ac

  17. Slide 17: Thank you Q & A session

    Thank you Q & A session

Global Palm Resources Holdings — FY2016 Earnings Presentation on 6ix