Key Contacts Stock Data Listing: SGX Mainboard - 14 Feb 07 Market Capitalisation: ~S$1.0b (US$0.79b) 52-Wk Hi/Lo: S$1.09 – S$0.66 Free Float (%): 27.7% Bloomberg | Reuters Ticker: IFAR SP | IFAR.SI 8 Eu Tong Sen Street #16-96/97 The Central Singapore 059818 Tel: (65) 6557 2389 Fax: (65) 6557 2387 www.indofoodagri.com Mark Wakeford, CEO and Director [email protected] Mak Mei Yook, CFO [email protected] Listed Subsidiaries PT Salim Ivomas Pratama Tbk (“SIMP”) www.simp.co.id Substantial Shareholder PT Indofood Sukses Makmur Tbk – 60.7% (effective interest) PT PP London Sumatra Tbk (“LSIP”) www.londonsumatra.com Last updated May 2015 INTEGRATED AGRIBUSINESS WITH LEADING BRANDS IndoAgri is a diversified and integrated agribusiness group with leading brands. Our principal activities span research & development, oil palm seed breeding, oil palm cultivation and milling, in addition to refining, branding and marketing of cooking oil, margarine, shortening and other palm oil derivative products. Today, the Group has garnered leading market shares in the Indonesian branded cooking oil (Bimoli) and shortening & margarine (Palmia) markets. The Group also engages in the cultivation of other crops such as rubber, sugar cane, cocoa and tea. CPO Refining Product Output Research & Development Seed Breeding Oil Palm Plantations End Products Palm Oil Mill Plantation Estates - Planted : 299,597 ha Fruit Brunches (FFB) - Annual Capacity: 6.2m MT Number of Mills - 6 in Riau - 7 in South Sumatra - 4 in North Sumatra - 6 in Kalimantan Mills Production (‘000 MT in FY14) - Crude Palm Oil : 956 - Palm Kernel : 218 Annual Capacity - 1.4m MT Annual Capability 33m seeds COMPETITIVE STRENGTHS - Cooking oil - Margarine - Shortening for Industrial and consumer segments PLANTATION MATURITY PROFILE One of the largest oil palm plantations owner in Indonesia Owns a large variety of mother palms with the capacity to produce up to 33m high quality seedlings Established R & D program for oil palm breeding, with modern technology and highly qualified personnel Leading market share in Indonesia branded cooking oil and margarine markets Extensive distribution network of distributors and direct sales channels, serving up to ~370,000 retail outlets throughout Indonesia 2015 – STRATEGIES AND EXPANSION ¾ Prioritise capex on organic growth and expansion of production facilities. ¾ Focus organic expansion on new plantings of oil palm and sugar plantations in Indonesia ¾ Expansion of plantation production facilities Constructing one 45MT/hour new mill and expanding one mill from 60MT to 80MT/hour in Kalimantan due for completion in 2015 ¾ CPO PRODUCTION (‘000 metric tons) 956 838 880 810 Five new mills ranging from 30MT to 45MT/hour, of which two new mills in South Sumatra and three mills Kalimantan. Three of these mills are expected to be completed in 2016 Expansion of downstream facilities Commences the expansion of Surabaya refinery by 1,000MT/day. 190 Construction of a 200MT/day margarine plant at Tanjung Priok in 2015 FINANCIAL HIGHLIGHTS 2011 2012 2013 2014 1Q15 FINANCIAL POSITION (Rp’ billion) 1Q15 1Q14 Revenue EBITDA EBITDA % Operating Profit* Attributable Profit 2,659 552 21% 253 35 3,171 654 21% 574 182 * Excluding net effect of fair value gains on biological assets YTD Chg (16%) (16%) (56%) (81%) (Rp’ billion) Cash Total Debt Net Debt Total Assets Total Equity (incl. MI) Net Debt / Total Equity Ratio 31-Mar-15 31-Dec-14 2,489 9,901 7,412 40,771 23,628 0.31x 3,586 9,817 6,231 40,155 23,717 0.26x Geographical Presence Integrated Agribusiness with LeadingCrumb Rubber Facility Brands Palm Oil Mill Facilities SIMP Lonsum CMAA ‐ Brazil Group Unit 12 11 ‐ 23 Capacity p.a (MT FFB) 3,780,000 2,403,000 ‐ 6,183,000 Unit ‐ 4 ‐ 4 Capacity p.a (MT Dry Rubber) ‐ 42,720 ‐ 42,720 Sheet Rubber Facility Capacity p.a Unit (MT Dry Rubber) ‐ ‐ 3 11,100 ‐ ‐ 3 11,100 Sugar Mill & Refinery Capacity p.a Unit (MT Sugar Cane) 2 2,160,000 ‐ ‐ 1 3,800,000 3 5,960,000 Unit 5 ‐ ‐ 5 Refinery Capacity p.a (MT CPO) 1,425,000 ‐ ‐ 1,425,000 26