Projected Financial Statement and Projected Cash Flow Analysis

Projected Profit and Loss Statement(Thai Baht)

Operating Revenue
Revenue from Crude

2
4,993,454
214,568

3
6,072,507
354,853

4
6,109,668
395,645

5
8,952,727
412,830

Year
6
14,665,369
495,420

7
14,600,474
279,909

8
12,542,962
565,448

9
16,154,251
1,628,282

10
15,640,272
1,266,154

palm oil & Palm kernel

Revenue from fresh

49,934

60,725

61,096

89,527

146,653

146,004

125,429

161,542

156,402

fruit bunches (FFB).

Revenue

5,158,088

6,366,635

6,444,217

9,276,030

14,949,241

14,734,379

12,982,981

17,620,991

16,750,024

- Operating Expenses
PBDIT
Depreciation
EBIT
Tax (25%)
Net Income

1,229,600
(1,229,600)

1,308,000
3,850,088
10,000
3,840,088
960,022
2,880,066

1,350,000
5,016,635
10,000
5,006,635
1,251,659
3,754,976

1,390,000
5,054,217
10,000
5,044,217
1,261,054
3,783,163

1,420,300
7,855,730
10,000
7,845,730
1,961,433
5,884,298

1,450,000
13,499,241
10,000
13,489,241
3,372,310
10,116,931

1,502,000
13,232,379
10,000
13,222,379
3,305,595
9,916,784

1,590,000
11,392,981
10,000
11,382,981
2,845,745
8,537,236

1,630,000
15,990,991
10,000
15,980,991
3,995,248
11,985,742

1,680,000
15,070,024
10,000
15,060,024
3,765,006
11,295018

Projected Cash Flow from Operation(Thai Baht)

Year
0
1
2
EBIT
3,840,088
Depreciation
10,000
Taxes
960,022
Operating Cash Flow
2,890,066

3
5,006,635
10,000
1,251,659
3,764,976

4
5,044,217
10,000
1,261,054
3,793,163

5
7,845,730
10,000
1,961,433
5,894,297

6
13,489,241
10,000
3,372,310
10,126,931

7
13,222,379
10,000
3,305,595
9,926,784

8
11,382,981
10,000
2,845,745
8,574,236

9
15,980,991
10,000
3,995,248
11,995,743

10
15,060,024
10,000
3,765,006
11,305,018

Projected Cash Flow from Investment(Thai Baht)

Year
0
1
2
Investment
(825,308,166.41)
0
0
Price Paid to
0
0

3
0
0

4
0
0

5
0
0

6
0
0

7
0
0

8
0
0

9
0
0

10
0
181,684,800

IOI
IOIs share
Investment

0
0

0
0

0
0

0
0

0
0

0
0

0
0

139,615,812
321,300,612

0
0

(825,308,166.41)

0
0

Cash Flow

Projected Total Cash Flow(Thai Baht)

Year
0
1
Operating

2,890,066

3,764,976

3,793,163

5,894,297

6
10,126,931

1,300,530

1,769,539

1,782,787

9.98

10.04

1,393,365,8

dominated
(TCF)
Discount Rate

Cash Flow
Investment

(5,855,216,611)

Cash Flow
IOIs share of

(5,855,216,611)

Total

10
11,305,018

9,926,784

8,574,236

11,995,743

321,300,612

2,770,320

4,759,658

4,665,588

4,029,891

5,637,999

5,313,358

10.09

10.10

10.21

10.19

10.18

10.26

10.15

1,401,742,7

1,408,723,5

1,410,119,7

1,425,477,4

1,422,685,1

1,421,288,966

1,432,458,231

4,678,301,70

03.76

52.48

43.08

01.2

40.52

24.28

.16

.12

3.6

4.25

4.55

4.91

5.4

6.2

6.2

4.8

5.8

3.7

0.9597

0.9560

0.9533

0.9488

0.9416

0.9416

0.9542

0.9452

0.9643

Cash

Flow (47%)
Exchange rate
(MYR)
MYR

(%)
Cumulative

9.67

9.87

(5,855,216,611)