Investor Presentaiton
2 High Yielding and Efficient Plantation Operations Supporting Low Cost Operations
Plant Productivity
Cash Cost Breakdown for 9M 2017
Higher FFB yield, OER and CPO yield compared to average among peers
FY16 Peers Comparison - FFB Yield (MT/Ha)
SSMS Cash Cost
Units
9M Sep 2017
Fertilizer and maintenance
19.4
19.0
Rp bn
253
18.3
17.4
16.8
14.7
Average
16.5
Labor
Rp bn
199
10.0
Harvesting
Rp bn
43
Overhead
Rp bn
128
Total field cost
Rp bn
622
AGRO LISTARI
GAR Agribusiness
& Food
FIRST
London Sumatra
Sampoerna Agro
23.9%
23.4%
FY16 Peers Comparison - OER (%)
FFB production
K tons
938
22.5%
22.5%
Average
22.3%
Field cost / FFB
Rp/kg
664
22.2%
OER
%
23.1%
21.0%
20.8%
Field cost CPO
Rp /kg
2,874
FIRST
London Sumatra
GAR Agribusiness
& Food
FY16 Peers Comparison - CPO Yield (MT/Ha)
4.5
4.3
Sawit
Sumbermas
Sarana
Karya Nyata untuk Negeri
4.2
3.9
3.8
Milling cost
Rp bn
63
Sampoerna Agro
CPO production
Milling cost/CPO
K tons
262
Rp/kg
241
Average
3.7
2.1
Total Cash Cost / CPO
Rp/kg
3,115
FX Rate (September 30, 2017)
Rp/USD
13,492
USD/mt
231
(AGRO LESTARI
GAR Agribusiness
FIRST
London Sumatra
Sampoerna Agro
& Food
Source: The respective companies' public filings for peer companies data
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