Company Presentation PT Gozco Plantations Tbk. June 2012 - PowerPoint PPT Presentation

Company Presentation PT Gozco Plantations Tbk. June 2012

Disclaimer These presentations and/or other documents have been written and presented by PT. Gozco Plantations Tbk. (“Gozco Plantations”). The information in this document has not been Plantations Tbk. (“Gozco Plantations”). The information in this document has not been independently verified. No representation or warranty expressed or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of such information or opinions contained herein. None of Gozco Plantations, nor any of its affiliates, advisers or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss whatsoever arising from the use of this document or its contents or otherwise arising in connection with this document. No endorsement is intended or implied notwithstanding the distribution of the presentations and/or other documents. The materials and information in the presentations and other and/or other documents. The materials and information in the presentations and other documents are for informational purposes only, and are not an offer or solicitation for the purchase or sale of any securities or financial instruments or to provide any investment service or investment advice. 2

Agenda • About Gozco Plantations • Operational & Financial Performance • Target & CAPEX 2012 • Group updates 3

Company’s Milestones (In Hectare) Year Significant Event Area Planted Matured Immatured 1Q 2012 1Q 2012 - - 119,937 119,937 36,484 36,484 21,429 21,429 15,055 15,055 Increasing the ownership in Golden 2011 119,937 36,484 20,543 15,941 Blossom to 95% 2010 Building Mill 45 ton/ha at Golden Blossom 123,894 32,318 18,214 14,104 Increasing Mill capacity to 90 ton/ha & 2009 126,194 27,085 14,881 12,204 Acquiring Palma Sejahtera IPO @ Rp.225/share by selling 30% of share 2008 31,310 15,980 6,631 9,349 to public, Listing in IDX 2007 Acquiring Cahya Vidi Abadi 28,060 13,050 6,508 6,542 2006 Acquiring Golden Blossom Sumatra 22,060 9,859 5,875 3,984 2005 Acquiring Bumimas Indo Sawit 9,260 6,631 5,858 774 Start managing plantation fulltime, 2003 Reorganization &rehabilitation, Building 8,858 5,875 4,262 1,614 Mill 45 ton/ha Initially entering oil palm business by 8,858 4,262 0 4,262 1999 4 acquiring Suryabumi

Company’s Structure (As of December 2011) 5

Management Team • Board of Commissioner President Commissioner: President Commissioner: Mustofa Mustofa Commissioner: Rudyansyah Bin Abdul Cosim Commissioner: Harijanto Independent Commissioner: Benyamin Subrata • Board of Director President Director: Tjandra Mindharta Gozali Director: Director: Andrew Michael Vincent Andrew Michael Vincent Director: Jamal Rosyidin Hakki Director: Enggan Nursanti Director: Kreisna Dewantara Gozali Non-Affiliated Director: Kho Livia Kartika 6

Estate Locations (As of December 2011) South Sumatra West Kalimantan Total Area: Total Area: 36,780 Ha 36,780 Ha Total Area: 33,350 Ha Total Area: 33,350 Ha Planted: 24,618 Ha Planted: 4,541 Ha Mill Capacity: 90 Ton/Hour Cetral Kalimantan Total Area: 10,307 Ha Planted Area : 7,324 Ha West Sumatra Mill Capacity: 45 Ton/Hour Total Land Bank: 39,500 Ha 7

Plantations Profile (As of March 2012 in Hectare) 17% Prime (7-18 Yrs) *) Including Indotruba area of 6,605 ha 8

Operational Performance 9

FFB Production (Tons) *) Excluding Production from Indotruba 10

FFB Processed (Tons) 273,433 265,939 233,663 233,663 105,839 191,172 112,955 72,554 138,173 63,629 �������� 60,850 ��������� 167,594 161,108 152,984 40,044 127,543 12,710 77,323 77,323 27,294 ���� ���� ���� ���� ���� ������� *) Excluding Production from Indotruba 11

Production Volume (Tons) 59,416 58,139 Extraction Rate* Extraction Rate* 51,564 51,564 Year Year CPO PK 42,167 2007 21.27% 4.01% 2008 22.11% 4.54% 29,429 CPO 2009 22.34% 4.32% PK 2010 22.08% 4.48% 11,849 11,845 2011 21.26% 4.33% 10,466 8,659 8,659 9,378 9,378 5,542 5,542 1Q 2012 23.36% 4.81% 1,928 *) Excluding production from Indotruba 2007 2008 2009 2010 2011 1Q 2012 12

Plantations Area As at Dec 2011 As at Mar 2012 Change Area (ha) Area (ha) Area (ha) Mature 18,855* 18,855* - Immature 10,498 10,498 - Planted Nucleus 29,353 29,353 - Mature 1,688 2,574 886 4,557 (886) Immature 5,443 - Planted Plasma Planted Plasma 7,131 7,131 7,131 7,131 Total Mature 20,543* 21,429 886 Total Immature 15,941 15,055 (886) Total Planted 36,484 36,484 - 13 *) Including Indotruba Area of 6,605 ha

Financial Performance 14

Sales Volume (Tons) 15

Average Selling Price CPO & Palm Kernel (IDR/Kg) Projection 2012: ASP CPO: IDR 8,000/Kg ASP PK: IDR 5,000/Kg 16

Sales Value (IDR.Bio) 493 455 408 408 291 214 84 17

Income Statement Highlights (IDR.Bio) IDR Million IDR Million 2007 2007 2008 2008 2009 2009 2010 2010 2011 2011 Sales 133 291 408 455 493 Gross Profit 67 116 145 193 156 Net Profit Attributable to owners of the parent 26 55 204 161 167 Basic Earnings per share (IDR) Basic Earnings per share (IDR) 7.39 7.39 12.31 12.31 40.88 40.88 32.16 32.16 33.42 33.42 18

Balance Sheet Highlights (IDR.Bio) IDR Million IDR Million 2007 2007 2008 2008 2009 2009 2010 2010 2011 2011 Total Assets 1,018 1,428 1,993 2,095 2,834 Total Liabilities 480 517 863 865 1,327 Equity Attributable to Owners 506 881 1,069 1,170 1,492 Of the Parent 19

Financial Ratios Financial Year Financial Year 2007 2007 2008 2008 2009 2009 2010 2010 2011 2011 Gross Profit Margin (%) 50.19 39.96 36.02 42.34 31.64 Net Margin (%) 19.43 18.83 50.11 35.38 33.90 Debt to Equity (%) 94.93 58.65 80.70 73.94 88.95 Return on Equity (%) Return on Equity (%) 5.10 5.10 6.21 6.21 19.10 19.10 13.73 13.73 11.20 11.20 20

Target & CAPEX 2012

Target 2012 2011 2012 Projection Production (ton) Production (ton) Growth Growth (Actual) (Actual) (Projection) (Projection) 167,625 200,000 19% FFB Production FFB Plasma & 3rd Party 105,839 100,000 -6% 273,464 300,000 10% FFB Processed CPO 58,139 67,500 16% Palm Kernel 11,845 13,500 14% New Planting FY 2012: 4,000 ha 22

Capital Expenditures FY 2012 • New Planting of 4,000 ha: IDR.96 bio • Maintenance of Immature of 15,055 ha: IDR.153 bio • 35% payment of mill and port in Golden Blossom: IDR.47 bio • Completion of Palembang regional office: IDR.5 bio CAPEX ~ IDR.301 bio 23

Group Updates • Construction of 45 MT/Hour FFB Mill at Golden Blossom Sumatra ~ Effectively Operates in March 2013 Blossom Sumatra ~ Effectively Operates in March 2013 This Mill is extendable to 90 MT/Jam & Using Sterilizer Oblique System 24

Group Updates • Based on AGM result, the company will distribute : 1. Cash dividend: 1. Cash dividend: IDR 1 per share IDR 1 per share 2. Stock dividend: 100: 1 3. Share bonus: 100 : 19 Cum date in regular market: 06 July 2012 Payment date: 25 July 2012 25

Head Office Gedung Graha Permata Pancoran Jl. Raya Pasar Minggu No. 32 C/10 South Jakarta, Indonesia Telephone: +62 21 799 5676 Fax: +62 21 799 5663 Fax: +62 21 799 5663 E-mail: corporate@gozco.com Representative office Gedung Bank Yudha Bhakti Lt. 5 Jl. Raya Darmo 54–56 Surabaya 60265, Indonesia Telephone: +62 31 561 2818 Fax: +62 31 562 0968 Thank You Thank You For Further Queries Please Contact : Ferryan Syukri at Investor Relations Ferryan.syukri@gozco.com