MONTHLY
NEWSLETTER
june 2008 issue
corporate details
o Indonesian Ministry of Agriculture has given copyright protection to all 6 Sriwijaya seed variants as of June 6, 2008. The protection is valid for the next 25 years.
o BOD and BOC of SGRO have approved liquidation plan of Palma Agro Ltd (“PA”), a special purpose vehicle in Seychelles which is 100% owned by SGRO. PA currently holds (i) 93.6% shares in PT Sungai Rangit (“SR”), a plantation subsidiary located in Central Kalimantan, and (ii) exchangeable loan issued by PT Sampoerna Bio Energi that will be exchanged to 6.4% shares in SR after the liquidation is completed. The purposes of this internal restructuring are to enable SGRO to own SR directly, up to 99.9%, and to eliminate administration costs associated with PA. Company liquidation process in Seychelles takes about 6-7 months. A notification letter in this regard referenced: SA/099/LTR/0608 dated June 6, 2008 has been sent to IDX and Bapepam.
o Area Statement per Dec 31, 2007:
o Production data is as follows:
o Average net selling price data is as follows:
o Sales data is as follows:
CPO spot price VS SGRO stock price
nucleus plasma nucleus mitra
mature 17,362 37,599 54,961 10,470 1,809 12,279 67,240 immature 5,894 2,424 8,318 3,231 - 3,231 11,549 total 23,256 40,023 63,279 13,701 1,809 15,510 78,789
Sumatera Kalimantan
TOTAL
Sub-T Sub-T
Consolidated Unit Jan 08 Feb 08 Mar 08 Apr 08 May 08 YTD 08 YTD 07 Growth FFB - Sumtra tons 133,977 81,993 70,762 76,480 81,674 444,885 251,509 76.9% FFB - Klmtn tons 16,469 13,320 14,585 16,702 17,280 78,355 47,791 64.0% CPO tons 34,074 21,734 18,541 20,223 21,779 116,351 64,200 81.2% P.Kernel tons 9,788 8,477 6,259 5,159 5,277 34,960 15,617 123.9% G.Seeds '000 seeds 1,535 1,745 1,819 2,208 1,809 9,116 5,809 56.9% Rubber tons 47 31 57 28 58 221 226 -2.3%
Consolidated Unit Jan 08 Feb 08 Mar 08 Apr 08 May 08 YTD 08 YTD 07 Growth CPO Rp/kg 7,594 7,794 8,520 7,820 8,434 7,990 4,737 68.7% P.Kernel Rp/kg 3,613 4,355 4,754 4,478 4,830 4,352 2,324 87.2% G.Seeds Rp/seed 3,938 3,984 4,287 4,518 4,660 4,301 3,317 29.7% Rubber Rp/kg 12,574 13,032 13,424 13,100 13,804 13,246 9,202 43.9%
Consolidated Unit Jan 08 Feb 08 Mar 08 Apr 08 May 08 YTD 08 YTD 07 Growth CPO Rp bn 274.38 249.93 199.60 137.52 211.80 1,073.24 287.32 273.5% P.Kernel Rp bn 33.87 31.85 36.19 20.23 33.03 155.18 31.73 389.0% G.Seeds Rp bn 4.86 5.76 6.13 7.99 7.03 31.77 18.10 75.5% Rubber Rp bn 0.59 0.40 0.77 0.37 0.79 2.92 2.09 40.0% Total Sales Rp bn 313.71 287.94 242.69 166.11 252.67 1,263.11 384.51 228.5%
PT.
Sampoerna
Agro
Tbk.
Sampoerna Strategic Square, Tower A, 28th Floor [email protected] JL. Sudirman Kav. 45, Jakarta 12930, Indonesia http://www.sampoernaagro.com
