Zambeef Products Plc · LSE:ZAM
Zambeef Products — FY2009 Earnings Presentation
20 slides from Zambeef Products's earnings presentation, September 2009
Slide 1: Zambeef Products Plc Financial Review FYE September 2009
ZAMBEEF PRODUCTS PLC FINANCIAL REVIEW FYE SEPTEMBER 2009 1
Slide 2: Economic Background
Economic Background 1. Global recession 2. Worldwide financial crisis 3. Collapse of copper prices 4. Significant depreciation of the Zambian Kwacha 5. Collapse of commodity prices 6. High fertilizer and stockfeed prices 2
Slide 3: 3
3
Slide 4: Abridged Income Statement
Abridged Income Statement K Millions YE 2009 YE 2008 % Turnover 697 317 492 698 41.5% Gross Profit 219 176 190 881 14.8% Profit on Disposal of Subsidiary 65 790 - Administrative expense (202 740) (142 938) 41.8% Foreign exchange gains/(losses) (66 519) 3 533 Profit before Taxation 3 853 44 195 (91.3
Slide 5: Financial Summary
Financial Summary • Profit after tax decreasing from K37.5bn in 2008 to K16.0bn in 2009 • EBITDA decreasing from K65.0bn to K22.4bn • Zambeef generated K15.7bn from operating activities for the year. • Margins decreased from 38.7% to 31.4% due to (1) Substantial depreciation of the Zambian Kwacha, r
Slide 6: Abridged Cash Flow
Abridged Cash Flow K Millions YE 2009 YE 2008 Profit Before Taxation 3 852 44 195 EBITDA 22 415 65 039 Movement in Working Capital (6 691) (92 413) Cash inflow/(outflow) from Operating activities 15 724 (27 374) Cash outflow on return on investments and servicing (25 995) (18 118) of finance Purchas
Slide 7: Abridged Balance Sheet
Abridged Balance Sheet K Millions 2009 * YE 2009 YE 2008 Non Current Assets 472 351 472 351 455 491 Current Assets 239 215 239 215 263 449 TOTAL ASSETS 711 567 711 567 718 940 Capital and Reserves 445 227 445 227 439 444 Non-Current Liabilities 141 560 56 600 74 721 Current Liabilities 124 780 209 7
Slide 8: Financial Summary
Financial Summary Products PLC Billions Billions Turnover 493 292 2005 2006 2007 2008 Profit after Taxation 38 24 : i : 2005 2006 2007 2008 697 2009 16 2009 Billions Billions 250 200 150 100 50 70 60 50 40 30 20 10 Gross Profit 219 191 " : | 86 100 2005 2006 2007 2008 2009 EBITDA 65 43 29 32 i 22 20
Slide 9: 9
9
Slide 10: Divisional Performance
Divisional Performance Turnover Gross Profit Billions 10
Slide 11: Edible Oil
Edible Oil Division Turnover Gross Profit Billions 11
Slide 12: Beef
Beef Division Turnover Gross Profit Billions 12
Slide 13: Crops
Crops Division Turnover Gross Profit Billions 13
Slide 14: Chicken
Chicken Division Turnover Gross Profit Billions 14
Slide 15: Milk
Milk Division Turnover Gross Profit Billions 15
Slide 16: West Africa
West Africa Division Turnover Gross Profit Billions 16
Slide 17: Other
Other Division Turnover Gross Profit Billions 17
Slide 18: 18
18
Slide 19: Capital Expenditure
Capital Expenditure 1. Expansion of Nigeria operations. 2. Commissioning of new stock feed plant. 3. Expansion & upgrading of retail outlets. 4. Expansion of Masterpork piggery. 5. Roll out of Palm plantation. 19
Slide 20: Q & A
www.zambeefplic.com Q&A Products PLC 20