MONTHLY NEWSLETTER
march 2008 issue
corporate details
o We have successfully obtained another 1,300 ha. of new location permit (ijin lokasi) in Sukamara,
Kalimantan Tengah
o We have also published our audited financial statement for full year 2007 on Mar 25, 2008. It is available to
be downloaded in our website, here’s a summary of it:
FYE 2007 FYE 2006 %
In Rp million Actual Proforma Change
Revenue 1,598,931 1,054,987 52% Gross profit 494,436 262,419 88%
Gross margin 31% 25% n/a
Operating profit 404,400 199,150 103%
Operating margin 25% 19% n/a
EBITDA 485,327 266,640 82%
EBITDA margin 30% 25% n/a
Other expenses (92,616) (74,667) 24% Net income 215,083 70,704 204%
Net margin 13% 7% n/a
o Area Statement:
sumatera kalimantan total mature 54,961 12,279 67,240 immature 8,318 3,231 11,549 total 63,279 15,510 78,789
o Production data is as follows:
Type Unit Jan 08 Feb 08 YTD 08 Jan 07 Feb 07 YTD 07 % change FFB - Kalimantan tons 16,469 13,320 29,789 5,984 8,574 14,558 104.6% FFB - Sumatera tons 133,977 81,993 215,970 35,247 36,496 71,743 201.0% CPO tons 34,074 21,734 55,808 8,980 9,107 18,087 208.6% P.Kernel tons 9,788 8,477 18,265 2,008 2,007 4,015 354.9% G.Seeds '000 seeds 1,535 1,745 3,280 1,066 1,254 2,320 41.4% Rubber tons 47 31 78 38 23 61 27.9%
o Average net selling price data is as follows:
Type Unit Jan 08 Feb 08 avg YTD 08 Jan 07 Feb 07 avg YTD 07 % change CPO Rp/kg 7,594 7,794 7,694 4,725 4,691 4,708 63.4% P.Kernel Rp/kg 3,613 4,355 3,984 2,119 2,155 2,137 86.4% G.Seeds Rp/seed 3,938 3,984 3,961 3,374 3,462 3,418 15.9% Rubber Rp/kg 12,574 13,032 12,803 8,380 9,500 8,940 43.2%
o Sales data is as follows:
Consolidated Unit Jan 08 Feb 08 YTD 08 Jan 07 Feb 07 YTD 07 % change CPO Rp bn 274.38 249.93 524.31 34.92 43.14 78.06 571.7% P.Kernel Rp bn 33.87 31.85 65.72 4.60 4.46 9.06 625.7% G.Seeds Rp bn 4.86 5.76 10.62 3.43 4.34 7.77 36.7% Rubber Rp bn 0.59 0.40 1.00 0.32 0.22 0.54 84.6% Total Sales Rp bn 313.71 287.94 601.65 43.74 55.34 99.08 507.2%
Note:
- For comparison purpose, we present proforma profit and loss FYE 2006 as if Kalimantan and Sumatera regions have been consolidated
- The unaudited pro forma condensed consolidated statement of income FYE 2006 was taken from offering circular and prospectus for IPO in June 2007
PT. Sampoerna Agro Tbk.
Sampoerna Strategic Square, Tower A, 28th Floor [email protected] JL. Sudirman Kav. 45, Jakarta 12930, Indonesia http://www.sampoernaagro.com
