SIME DARBY PLANTATION Non-Deal Roadshow in Singapore 5 October 2018
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Table of Contents S E C T I O N PA G E 1 Company Overview 4 2 Key Investment Highlights 9 3 Business Strategies & Future Plans 22 4 Industry Outlook 31 5 Financial Overview 34 6 Appendix 42
Company Overview
5 Business Overview Integrated Plantation Company Involved in the Entire Palm Oil Value Chain Upstream Downstream Others Oil palm estate Mill Refinery Food application High-yielding Renewables genome seeds Oil palm, rubber & sugarcane estates Bulk and refined oils & fats R&D Developing, cultivating and managing Production and sales of refined oils Focused on yield and productivity oil palm, rubber and sugarcane and fats (which includes specialty and improvements, increasing revenue plantation estates end-user oils and fats) streams and developing sustainable practices while pursuing innovative strategies Milling of FFB and processing & sales Oleochemicals, biodiesel products & derivatives Milling of FFB into CPO and PK Renewables business Production and sales of Processing and sales of rubber and Development of green technology oleochemicals, biodiesel products sugarcane and derivatives and renewable energy which includes biogas and composting Others Cattle rearing and beef production Agribusiness Provision of agriculture products and services
6 Snapshot of Oil Palm Plantation Operational Statistics PNG & FY17/18 unless Malaysia Indonesia Liberia Total otherwise stated Solomon Islands Total oil palm planted 301,027 201,220 10,441 87,304 599,992 area(ha) Mature area (ha) 252,055 158,180 9,701 77,500 497,436 9% 7% 8% 12% 3% 10% 16% 17% 11% 21% Palm tree age profile & 18% average tree age 23% 26% (Years) 12.7 yrs 14.1 yrs 5.4 yrs 11.4 yrs 12.8 yrs 22% 12% 20% 38% <3 yrs 4-8 yrs 9-18 yrs 48% 19% 19-22 yrs >22 yrs 35% 93% 32% FFB production 5.822 2.615 0.065 1.731 10.233 (mn MT/year) CPO production (Total) 1.419 0.710 0.016 0.508 2.653 (mn MT/year) PK production (Total) 0.357 0.160 0.003 0.130 0.650 (mn MT/year) FFB yield (MT/ha) 23.13 16.40 6.78 22.36 20.51 OER 20.40 21.39 20.60 22.41 21.02 KER 5.13 4.80 3.97 5.75 5.15
7 Snapshot of Downstream Operations ~4.0 million MT NETHERLANDS Sime Darby Unimills B.V. Refining Capacity (450,000 MT/year) 12 UNITED KINGDOM VIETNAM New Britain Oils Ltd. Golden Hope Nha Be (300,000 MT/year) (99,000 MT/year) Refineries THAILAND Morakot Industries 68% (379,500 MT/year) Industrial Enterprises (IE) Soya (33,000 MT/year) Average Refinery MALAYSIA Utilisation Sime Darby Jomalina (429,000 MT/year) Nuri Refinery INDONESIA PAPUA NEW GUINEA (660,000 MT/year) SOUTH AFRICA PT Golden Hope Kumbango Sime Darby Hudson & Sime Darby Kempas Nusantara (140,000 MT/year) Knight (165,000 MT/year) (825,000 MT/year) (162,500 MT/year) Sime Darby Austral (330,000 MT/year) • Food: Palm oil products, specialty oils & fats, phytonutrients, refined PKO, KEY vegetable ghee, shortening & dough fat, industrial margarine, cooking oil, CPKO & PK cake for animal feed, and non-dairy products Legend PRODUCTS • Non-Food: Oleochemicals (high quality fatty acids, glycerine, fatty alcohols, Bulk Processing triacetin, methyl esters, oilfield chemicals, ozone acids) and biodiesel Differentiated Food Note: Figures as at 30 June 2018
8 Downstream – Our renowned brands and winning products are used worldwide T OP 3 B RANDS ( I N T E R M S O F R E V E N U E ) Jomalina Nuri Kempas Austral Nusantara Morakot IE Nha Be Unimills Liverpool H&K Kumbango Vema Bulk Bulk Bulk Bulk Bulk (no logo) B 2 B SD Food & Beverage Malaysia (SDFBM)* Morakot Nha Be & SD Edible Products Ltd (SDEPL)* B 2 C * SDFBM & SDEPL is the sales and marketing arm of SDP which sells B2C products manufactured by Malaysian SDP refineries & third parties
Key Investment Highlights
10 Investment Highlights 1 Strong Investment Proposition The World’s Largest Oil Palm Plantation Company by Oil Palm 2 Planted Area, with Established Reputation as the World’s Largest Producer of Certified Sustainable Palm Oil 3 Well Positioned to Benefit from Sound Industry Fundamentals & Strong Demand Growth Trends 4 Fully Integrated Business Model with Diversified Operations Along the Palm Oil Value Chain 5 Innovative & Market Leading R&D Supports Operational Efficiency & Productivity 6 Experienced and Sound Board & Management Team
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