1 confidential acquisition and greenfield investment opportunities in agriculture and food...
DESCRIPTION
3 CONFIDENTIAL Veronika Yun Manager at Sectorial department on agriculture and food processing, KAZNEX INVEST, JSC Mob: Project information Contact Phase-1 and Phase-2 of new broiler farm establishment Project profitability for the period of 8 years (in th. USD) Project profitability Project cost: USD 5-15 mln. Location: Akmola region Implementation period: 2016 Project scope: Phase-1 of the project involves construction of 12 industrial poultry houses, to produce tons of chicken meat per annum. Phase-2 consists of construction of the remaining 4 poultry houses ( tons), upon receiving the investment cash-back money from the Government. Finished product: Poultry meat and eggs Production capacity: up to 3,8 thousand tons of chicken meat annually Potential markets: local market of Kazakhstan, Eurasian union, China Provision of land and premises: initiator owns a land of ha under management, of which ha is arable land with potential expansion of another of ha. Other assets include dairy farm complex, milk processing plant, livestock and ha of pasture, as well as wholesale network with 3 branded shops sufficient enough to distribute company’s food products. Required financing: USD 11,7 mln. Required investor type: IndicatorYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8 Revenue COGS Taxes Net profit Payback Period 4,5 years Payback Period disc. 4,8 years Project capex USD 11,7 mln. Project NPV (10 years) USD 1,8 mln. Project IRR 14% Company name Esil Agro Holding Year of establishment 2004 Presence on the market: 2004 Developed brands: “Aina” Current operation: Production of dairy and poultry, and production of agricultural commodity of grain Project initiator Project profitability ☑ Equity ☐ Debt ☐ Technology transfer ☐ Other Contact information Project initiator’s contacts: Esil Agro HoldingTRANSCRIPT
1CONFIDENTIAL
Acquisition and greenfield investment opportunities in
agriculture and food processing industry in Kazakhstan
October 2015
This Presentation does not constitute an offer or invitation to the public in any jurisdiction to purchase any shares or assets of any Company, and does not constitute or form any part of any offer or invitation to purchase shares, nor shall it or any part of it form the basis of, or be relied upon, in any way in connection with any contract or investment decision relating to any shares. Information contained herein should be treated as confidential. Copying or distributing without prior written consent from Kaznex Invest is prohibited.
Vast farmland areas Agriculture with a potential to increase
efficiency Market potential for processed food Significant market consolidation potential
Market value range
Sectors Best locations
1 2 3 4 5
AgricultureMeat and dairy Poultry ConfectioneryAquaculture
2CONFIDENTIAL
Veronika YunManager at Sectorial department on agriculture and food processing, KAZNEX INVEST, JSCMob: +7 771 805 4083E-mail: [email protected]
Proj
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Phase-1 and Phase-2 of existing livestock farm expansion planning
Project profitability for the period of 7 years (in th. USD)
Proj
ect
profi
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lity
Project cost: USD 5-15 mln.Location: Akmola region, Abylaikhan and Madeniyet farmsImplementation period: 2016Project scope: Acquisition of 700 breeding heifers (in addition to the existing 400 heads) to be grazed on free pasture land owned by the Company. The purpose of the breeding stock is to utilize free pasture and continuously supply bulls to the Freeyard. The second part consists of construction of specialized 3 000 head capacity, semi-open type, Freeyard (also known as Feedlot) for industrial fattening of young bulls and accumulation of subsidiaries. Finished product: Meat and meat productsProduction capacity: 3 500 heads of cattle, 1 600 thousand of tons of meat in liveweight per annumPotential markets: local market of Kazakhstan, Eurasian union, ChinaProvision of land and premises: initiator owns 30 000 ha of pasture lands and natural hay lands mostly situated on 3 farms that currently grazes only 400 heads of cattle, 250 heads of horse and 1 200 heads of sheepRequired financing: USD 8,9 mln.Required investor type:Indicator Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7
Revenue 2 349 3 594 4 155 4 736 5 085 5 187 5 291 COGS 2 206 3 144 3 529 3 928 4 175 4 264 4 356 Taxes 67 66 65 65 65 64 64Net profit 943 1 722 2 070 2 414 2 595 2 612 2 630
Payback Period 3,8 yearsPayback Period disc. 4,1 years
Project capex USD 8,9 mln.Project NPV (7 years) USD 32 mln.
Project IRR 10%
Company name
Esil Agro Holding
Year of establishment
2004
Presence on the market:
2004
Developed brands:
“Aina”
Current operation:
Production of dairy and poultry, and production of agricultural commodity of grain
Project initiator
Project profitability
☑ Equity Debt ☐ ☐ Technology transfer Other ☐
Contact information
Project initiator’s contacts: Esil Agro Holding
3CONFIDENTIAL
Veronika YunManager at Sectorial department on agriculture and food processing, KAZNEX INVEST, JSCMob: +7 771 805 4083E-mail: [email protected]
Proj
ect
info
rmat
ion
Con
tact
Phase-1 and Phase-2 of new broiler farm establishment
Project profitability for the period of 8 years (in th. USD)
Proj
ect
profi
tabi
lity
Project cost: USD 5-15 mln.Location: Akmola regionImplementation period: 2016Project scope: Phase-1 of the project involves construction of 12 industrial poultry houses, to produce 3 000 tons of chicken meat per annum. Phase-2 consists of construction of the remaining 4 poultry houses (+1 000 tons), upon receiving the investment cash-back money from the Government.Finished product: Poultry meat and eggsProduction capacity: up to 3,8 thousand tons of chicken meat annuallyPotential markets: local market of Kazakhstan, Eurasian union, ChinaProvision of land and premises: initiator owns a land of 93 000 ha under management, of which 45 000 ha is arable land with potential expansion of another 50 000 of ha. Other assets include dairy farm complex, milk processing plant, livestock and 30 000 ha of pasture, as well as wholesale network with 3 branded shops sufficient enough to distribute company’s food products. Required financing: USD 11,7 mln.Required investor type:Indicator Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8
Revenue 5 866 9 042 10 308 11 067 11 289 11 515 11 745 11 980 COGS 4 832 7 270 8 215 8 741 8 911 9 087 9 269 9 438Taxes 87 95 101 99 98 96 95 93 Net profit 1 529 2 557 2 975 3 261 3 313 3 411 3 415 3 482
Payback Period 4,5 yearsPayback Period disc. 4,8 years
Project capex USD 11,7 mln.Project NPV (10 years) USD 1,8 mln.
Project IRR 14%
Company name
Esil Agro Holding
Year of establishment
2004
Presence on the market:
2004
Developed brands:
“Aina”
Current operation:
Production of dairy and poultry, and production of agricultural commodity of grain
Project initiator
Project profitability
☑ Equity Debt ☐ ☐ Technology transfer Other ☐
Contact information
Project initiator’s contacts: Esil Agro Holding
4CONFIDENTIAL
Veronika YunManager at Sectorial department on agriculture and food processing, KAZNEX INVEST, JSCMob: +7 771 805 4083E-mail: [email protected]
Proj
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info
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Con
tact
Phase-1 and Phase-2 of existing Dairy Farm with 1 800 heads of cows Expansion planning
Project profitability for the period of 8 years (in th. USD)
Proj
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profi
tabi
lity
Project cost: USD 5-15 mln.Location: Akmola regionImplementation period: 2016Project scope: Phase-1 of Milk division consists of an import of 500 heifers from Ukraine as to bring the existing farm to its full capacity. Phase-2 consists of constructing additional 600 heads capacity extension of the existing dairy farm (to reach new installed capacity of 1 800 dairy cow heads) and import of 600 heifers in the following years.Finished product: MilkProduction capacity: 1 800 heads of cattle, 10.5 mln liters of raw milk per annumPotential markets: local market of Kazakhstan, Eurasian unionProvision of land and premises: initiator owns a dairy farm complex with installed dairy cow capacity of 1 200 head of cows. The farm currently houses only 688 dairy cows and 500 calves. The farm produces raw milk, livestock (calves and bulls), as well as organic fertilizersRequired financing: USD 9,3 mln.
Required investor type:
Indicator Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8
Revenue 3 318 5 845 7 998 9 287 9 783 9 908 9 918 10 121 COGS 2 609 3 814 4 833 5 316 5 550 5 657 5 714 5 831 Taxes 63 89 99 97 95 92 90 87 Net profit 1 145 1 942 3 066 3 874 4 138 4 159 4 114 4 206
Payback Period 3,3 yearsPayback Period disc. 4 years
Project capex USD 9,3 mln.Project NPV (8 years) USD 4,5 mln.
Project IRR 26%
Company name
Esil Agro Holding
Year of establishment
2004
Presence on the market:
2004
Developed brands:
“Aina”
Current operation:
Production of dairy and poultry, and production of agricultural commodity of grain
Project initiator
Project profitability
☑ Equity Debt ☐ ☐ Technology transfer Other ☐
Contact information
Project initiator’s contacts: Esil Agro Holding
5CONFIDENTIAL
Veronika YunManager at Sectorial department on agriculture and food processing, KAZNEX INVEST, JSCMob: +7 771 805 4083E-mail: [email protected]
Proj
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info
rmat
ion
Con
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Establishment of new dairy farm
Project profitability for the period of 10 years (in th. USD)
Proj
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profi
tabi
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Project cost: USD 0-5 mln.Location: Aktobe region, Kargaly region, Kosistek village Implementation period: 2016-2018Project scope: to invest in the organization of milk based farm, which will help to eradicate the problem of quality of milk products and resolve food security issue in the Aktobe region, by the means pf providing quality dairy products for the population of the region Finished product: Packaged meat products and milk productsProduction capacity: up to 50 tones of milk and 10-15 tones of meatPotential markets: Primarily domestic marketProvision of land and premises: initiator of project owns 1,500 m square farm complex, which consists of 2 bedroom house for the employees, food warehouses, stables for animals and main office building. Additionally the initiator of the project owns 765 hectares of pasture land. Raw materials are not outsourced but produced internally within the premises of the farmRequired financing: USD 0,45 mln.
Required investor type:
Discount factor 4%Payback Period 2,2 yearsPayback Period disc. 3,2 years
Project capex USD 0,45 mln.Project NPV (10 years) USD 0,55 mln.
Project IRR 29%
Company name
“Janaturmys” Farm Cooperative
Year of establishment
2002
Presence on the market:
2002
Current operation:
Production of dairy and meat products, and production of agricultural commodity of fodder
Project initiator
Project profitability
☑ Equity ☑ Debt ☐ Technology transfer Other ☐
Contact information
Project initiator’s contacts: Almaty Region, Karatal District, Ushtobe City, 3 Suyunbay street
Indicator Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10
Gross profit 757 773 790 807 825 843 861 880 899EBITDA 752 768 785 802 820 838 856 875 894Interest 99 82 66 49 33 19 13 6 0Taxes 41 44 46 49 51 53 55 57 58Net profit 551 582 613 644 676 705 728 751 775
6CONFIDENTIAL
Veronika YunManager at Sectorial department on agriculture and food processing, KAZNEX INVEST, JSCMob: +7 771 805 4083E-mail: [email protected]
Proj
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info
rmat
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Con
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Construction of the plant on white mushroom (champignon) production
Project profitability for the period of 5 years (in th. USD)
Proj
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profi
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Project cost: USD 0-5 mln.Location: North-Kazakhstan region, Petropavlovsk cityImplementation period: 2016Project scope: Construction of the plant on white mushroom (champignon) production with full production cycle of compost preparation, mushroom cultivation, with following processing.Finished product: white mushroom (champignon)Production capacity: 1 800 tones per year Potential markets: domestic market of KazakhstanProvision of land and premises: initiator owns the land in the acreage of 3,97 ha, necessary for the production objects and availability of required infrastructure, as well as preliminary contract agreements with equipment suppliers.Required financing: USD 2,2 mln.
Required investor type:Indicator Year 2 Year 3 Year 4 Year 5
Revenue 2 618 3 273 3 273 3 273 COGS 1 696 1 696 1 696 1 696 Taxes 121 132 143 153Net profit 801 1 445 1 434 1 424
Payback Period 2,2 yearsPayback Period disc. 5,3 years
Project capex USD 2,2 mln.Project NPV (7 years) USD 0,5 mln.
Project IRR 33%
Company name
«Gribnoi mir» LLP
Year of establishment
2014
Presence on the market:
2015
Current operation:
Project initiators are building the infrastructure with own financing
Project initiator
Project profitability
☑ Equity Debt ☐ ☐ Technology transfer Other ☐
Contact information
Project initiator’s contacts: «Gribnoi mir» LLP
7CONFIDENTIAL
Veronika YunManager at Sectorial department on agriculture and food processing, KAZNEX INVEST, JSCMob: +7 771 805 4083E-mail: [email protected]
Proj
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info
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Con
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“Enbek” Farm Cooperative meat and milk producer from horse and goat
Project profitability for the period of 7 years (in mln. USD)
Proj
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profi
tabi
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Project cost: USD 5-15 mln.Location: Akmola region, Stepnogorsk town Implementation period: 2016Project scope: production of meat and dairy products from horse and goat domestic animals. Currently the farm cooperative produces 290 tones of horse milk, 1000 tones of goat milk, 75 tones of horse meat and 53 tones of goat meat.Finished product: Packaged horse meat and milk; packaged goat meat and milkProduction capacity: 290 tones of horse milk; 1000 tones of goat milk; 75 tones of horse meat and 53 tones of goat meat p/a. Potential markets: Primarily domestic marketProvision of land and premises: initiator of the project owns 560 hectares of farm facilities. The local governing body provides 8300 hectares of pasture land for the needs of the project. the farm owns 560 hectares of pasture land. The local municipality provides additional 8300 hectares of land for the needs of the project.Required financing: USD 4,5 mln.Required investor type:
ROE 16%Payback Period 2,5 yearsPayback Period disc. 2,9 years
Project capex USD 3,3 mln.Project IRR 30%
Company name
«Enbek» Farm Cooperative
Year of establishment
2011
Presence on the market:
2011
Current operation:
production of meat and dairy products from horse and goat domestic animals. Project documentation is being developed for the project
Project initiator
Project profitability
☑ Equity ☑ Debt ☐ Technology transfer Other ☐
Contact information
Project initiator’s contacts:«Enbek» Farm CooperativeAkmola region, Stepnogorsk town
Indicator Year 2 Year 3 Year 4 Year 5 Year 6 Year 7
Revenue 2,2 2,8 3,1 3,2 3,9 4,0
Gross Profit 0,7 2,2 2,5 2,6 3,3 3,3
8CONFIDENTIAL
Veronika YunManager at Sectorial department on agriculture and food processing, KAZNEX INVEST, JSCMob: +7 771 805 4083E-mail: [email protected]
Proj
ect
info
rmat
ion
Con
tact
Establishment of the Dairy Farm with 600 heads of cows and modernization of the existing dairy plant for the production of European quality cheeses
Project profitability for the period of 10 years (in th. USD)
Proj
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profi
tabi
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Project cost: USD 5-15 mln.Location: Almaty region, Raimbek District, Kegen villageImplementation period: 2016Project scope: production of hard and soft types of cheese as well as dietary products for children and adults. This project is intended to ensure food security of the Almaty region and Almaty city with the management of the entire chain of production from livestock fodder to finished packaged products for retailFinished product: ChessesProduction capacity: up to 1 000 tons of cheese (hard, ricotta, mozzarella and albumin cottage cheese ) annuallyPotential markets: local market of Kazakhstan, Eurasian union, ChinaProvision of land and premises: initiator owns 2,064 hectares of agricultural lands for fodder farming, including 500 hectares of non-irrigated arable land, 384 hectares of hayfields and 1180 hectares of pastures. There is fully equipped 1000 sq.m. of processing facilities and 250 sq.m. food warehousesRequired financing: USD 1,5 mln.
Required investor type:Indicator Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10
Gross profit 1 733 6 791 6 648 9 829 10 971 10 942 12 569 14 865 17 077
EBITDA 1 093 4 858 4 733 7 717 8 660 8 534 10 022 11 988 13 800Interest 428 481 431 351 271 190 143 95 48
Taxes - 168 190 350 401 398 478 582 678Net profit 1 497 6 782 4 084 6 988 7 962 7 920 9 376 11 286 13 051
WACC 6,89%Payback Period 4,1 yearsPayback Period disc. 4,5 years
Project capex USD 8,9 mln.Project NPV (10 years) USD 32 mln.
Project IRR 37,35%
Company name
«ASU LTD» LLP
Year of establishment
2004
Presence on the market:
2006
Developed brands:
«Live», «Protonic», «Ace» and «Altyn Kese (Golden Cup)"
Total fixed assets:
USD 7 mln
Current operation:
Company had temporally stopped its operations due to absence of required financing resources
Project initiator
Project profitability
☑ Equity Debt ☐ ☐ Technology transfer Other ☐
Contact information
Project initiator’s contacts: ASU Ltd
9CONFIDENTIAL
Nurzhan Dosbayev, Veronika YunKAZNEX INVEST, JSC+7 7172 91 90 40 (int. 1119, 1124)E-mail: [email protected], [email protected]
Proj
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info
rmat
ion
Con
tact
Establishing Dairy farm
Project profitability for the period of 5 years (in USD)
Proj
ect
profi
tabi
lity
Project cost: USD 0-5 mln.Location: Almaty region, Yeskeldi District, Baktibay villageImplementation period: 2016-2022Project scope: Horse breeding and Mare’s milk farm. This project is intended to ensure food security of the Almaty region. Finished product: Kumis, horse meetProduction capacity: 45 tons of horse meet, 840 000 liters of mare’s milkPotential markets: local market of Kazakhstan, and CIS countriesProvision of land and premises: Initiator owns 700 head cattle base, 100 hectares of land, agricultural complex with water, electricity, heating infrastructure, roads and farm machinery. Raw materials of cattle fodder will be bought from local farms. Required financing: USD 0,9 mln.
Required investor type:
Discount factor 8%Project ROI 41,0%Payback Period 3,7 years
Project capex 875 000 USDProject NPV 450 000 USDProject IRR 20,5%
Company name
Uştöbe-Aydin LLP
Year of establishment
2002
Presence on the market:
2002
Current operation:
Agricultural complex on production of dairy products
Project initiator
Project profitability
Contact information
Project initiator’s contacts: Almaty Region, Yeskeldi districtUştöbe-Aydin LLP
☑ Equity ☑ Debt ☐ Technology transfer Other ☐
Year 1 Year 2 Year 3 Year 4 Year 5 Total
Sales 150 000 158 940 225 750 268 568 226 500 1 029 758COGS 117 403 123 706 132 011 138 891 148 216 660 227EBITDA 32 597 35 234 93 739 129 677 78 284 369 531Interest & depreciation 21 919 18 982 15 928 12 910 9 926 79 665Taxes 2 136 3 250 15 562 23 353 13 672 57 973Net profit 8 542 13 002 62 249 93 414 54 686 231 893
10
CONFIDENTIAL
Nurzhan Dosbayev, Veronika YunKAZNEX INVEST, JSC+7 7172 91 90 40 (int. 1119, 1124)E-mail: [email protected], [email protected]
Proj
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info
rmat
ion
Con
tact
Establishing agricultural farm on Jerusalem Artichoke cultivation
Project profitability for the period of 5 years (in USD)
Proj
ect
profi
tabi
lity
Project cost: USD 0-5 mln.Location: Eastern-Kazakhstan Region, Bistruha and Menovnoe villages Implementation period: 2016-2017Project scope: Creation of a modern agricultural holding for breeding and deep processing of Jerusalem artichokeFinished product: Jerusalem artichokeProduction capacity: 25 000 tonnes of Jerusalem Artochoke in various forms Potential markets: Kazakhstan and CIS countries Provision of land and premises: The company owns 350 hectares of pasture land, building and farm machinery Required financing: USD 1,6 mln.
Required investor type:
Discount factor 8%Project ROI 14%Payback Period 3 years
Project capex 1.6 mln USDProject NPV 1.25 mln USDProject IRR 36,5%
Company name
Zelenstroy.kz LLP
Year of establishment
2010
Presence on the market:
2015
Current operation:
Agricultural complex on Jerusalem Artichoke ciltiation
Project initiator
Project profitability
Contact information
Project initiator’s contacts:Zelenstroy.kz LLPEastern-Kazakhstan Region, Bistruha and Menovnoe villages
☑ Equity ☑ Debt ☐ Technology transfer Other ☐
In USD thousands Year 1 Year 2 Year 3 Year 4 Year 5 Total
Sales 89 508 89 051 96 500 101 773 108 134 484 966COGS 40 894 33 748 36 345 40 975 43 705 195 667EBITDA 48 614 55 303 60 155 60 797 64 428 289 297
Interest, depreciation and other
1 469 4 289 4 995 3 839 2 96617 558
Taxes 9 033 6 552 7 196 7 357 8 043 38 181Net profit 36 133 26 208 28 786 29 428 32 170 152 725
11
CONFIDENTIAL
Nurzhan Dosbayev, Veronika YunKAZNEX INVEST, JSC+7 7172 91 90 40 (int. 1119, 1124)E-mail: [email protected], [email protected]
Proj
ect
info
rmat
ion
Con
tact
Establishing a modern agricultural complex
Project profitability for the period of 5 years (in th. USD)
Proj
ect
profi
tabi
lity
Project cost: USD 90-100 mln.Location: Almaty regionImplementation period: 2016-2017Project scope: Construction of a modern agricultural complexFinished product: Horse, cattle, sheep, pig, chicken meet, poultry, milk and milk products, cattle fodder. Production capacity: 3 600 heads of cattle, 20 000 heads of sheep, 2 000 heads of pigs, 1000 heads of horse, 500 000 heads of chicken, 100 000 heads of broiler chickenPotential markets: Kazakhstan and CIS countries Provision of land and premises: The company owns land spot for the construction of the plant. Permissions had been granted on infrastructure. The project development team is completed. Required financing: USD 95,5 mln.
Required investor type:
Discount factor 10% Project ROI 28%Payback Period 5 years
Project capex 95.5 mln USDProject NPV 92.5 mln USDProject IRR 25%
Company name
Almaty Engineering LLP
Year of establishment
2004
Presence on the market:
2004
Current operation:
Agricultural complex on farm engineering services
Project initiator
Project profitability
Contact information
Project initiator’s contacts:Almaty Engineering LLP
☑ Equity ☑ Debt ☐ Technology transfer Other ☐
In USD thousands Year 1 Year 2 Year 3 Year 4 Year 5 Total
Sales 28 669 31 038 35 103 39 191 42 773 176 774COGS 17 048 18 469 21 006 23 420 25 762 105 705EBITDA 11 621 12 569 14 097 15 771 17 011 71 069
Interest, depreciation and other 7 560 6 955 6 399 5 887 5 416 32 217Taxes 812 1 123 1 540 1 977 2 319 7 771Net profit 3 249 4 491 6 159 7 907 9 276 31 082
12
CONFIDENTIAL
Nurzhan Dosbayev, Veronika YunKAZNEX INVEST, JSC+7 7172 91 90 40 (int. 1119, 1124)E-mail: [email protected], [email protected]
Proj
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info
rmat
ion
Con
tact
Establishing Wheat Starch and Gluten Plant
Project profitability for the period of 5 years (in th. USD)
Proj
ect
profi
tabi
lity
Project cost: USD 50-60 mln.Location: Almaty region, Yeskeldi District, Baktibay village Implementation period: 2016-2017Project scope: Construction of a modern wheat starch and gluten plant in Kazakhstan’s Kostanai Region. Being located in the center of wheat harvesting region, the project gains advantage from wheat harvesting farm proximity. Finished product: Gluten, wheat starch, cattle fodder.Production capacity: Gluten – 4 500 t/year, wheat starch – 23 600 t/year, cattle fodder – 23 000 t/year Potential markets: USA, Mexico, Holland, Kazakhstan and CIS countriesProvision of land and premises: The company owns land spot for the construction of the plant. Permissions had been granted on infrastructure. The project development team is completed. Required financing: USD 45,5 mln.Required investor type:
Project capex 45,5 mln USD Project IRR 25%
Company name
AL-BM LLP
Year of establishment
2002
Presence on the market:
2002
Current operation:
Agricultural complex on production of wheat starch and gluten located in Kostanai Region, Zarechnyi village
Project initiator
Project profitability
Contact information
Project initiator’s contacts: AL-BM LLPKazakhstan, Kostanay City, 71 Mailin street
☑ Equity ☑ Debt ☐ Technology transfer Other ☐
In USD thousands Year 1 Year 2 Year 3 Year 4 Year 5 Total
Sales 25 045 26 297 27 612 28 993 30 443 138 390COGS 14 927 15 673 16 457 17 280 18 144 82 481EBITDA 10 118 10 624 11 156 11 713 12 299 55 910
Interest, depreciation and other 5 120 4 096 3 584 3 072 2 560 18 432Taxes 1 000 1 306 1 514 1 728 1 948 7 496Net profit 3 999 5 223 6 057 6 913 7 791 29 983
13
CONFIDENTIAL
Veronika YunManager at Sectorial department on agriculture and food processing, KAZNEX INVEST, JSCMob: +7 771 805 4083E-mail: [email protected]
Proj
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info
rmat
ion
Con
tact
Establishment of the dairy farm on goat milk production
Project profitability for the period of 8 years (in th. USD)
Proj
ect
profi
tabi
lity
Project cost: USD 0-5 mln.Location: West-Kazakhstan region, Zelenovsky district, Shapovo villageImplementation period: 2016Project scope: construction of the Dairy farm on goat milk production with its further processing and production of goat cheeseFinished product: Goat milk and cheeseProduction capacity: 750 heads of goats and 182 500 liters of goat milk per annumPotential markets: local market of Kazakhstan, RussiaProvision of land and premises: initiator owns a dairy farm complex with installed space of 1 200 sq. m., production building of 450 sq. m. necessary agricultural equipment, as well as completed warehouse for ready products. Required financing: USD 0,2 mln.
Required investor type:
Indicator Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8
Revenue 88 191 408 1 013 1 013 1 013 1 114 1 114 COGS 25 39 57 98 98 98 129 129 Taxes 6,3 15,2 35,1 91,5 91,5 91,5 98,5 98,5 Net profit 56,7 136,8 315,9 823,5 823,5 823,5 924,5 924,5
ROI 84%ROE 41% Payback Period 2,3 years
Project capex USD 0,2 mln.Project NPV (8 years) USD 0,16 mln.
Project IRR 46,6%
Company name
Bisekesh farm cooperative
Year of establishment
2013
Presence on the market:
2013
Developed brands:
Current operation:
Production of dairy products
Project initiator
Project profitability
☑ Equity Debt ☐ ☐ Technology transfer Other ☐
Contact information
Project initiator’s contacts: Bisekesh farm cooperativeBisekesh Beibit
14
CONFIDENTIAL
Veronika YunManager at Sectorial department on agriculture and food processing, KAZNEX INVEST, JSCMob: +7 771 805 4083E-mail: [email protected]
Proj
ect
info
rmat
ion
Con
tact
Establishment of the fish processing plant
Project profitability for the period of 7 years (in th. USD)
Proj
ect
profi
tabi
lity
Project cost: USD 0-5 mln.Location: Mangistau region, Aktau cityImplementation period: 2016Project scope: construction of the fish processing plant on the production of the processed Caspian sea anchoviesFinished product: AnchoviesProduction capacity: 1 500 tons of anchovies per annumPotential markets: local market of Kazakhstan, RussiaProvision of land and premises: initiator is in a process of receiving land and premises required for further project implementation. Required financing: USD 1,5 mln.
Required investor type:
Indicator Year 2 Year 3 Year 4 Year 5 Year 6 Year 7
Revenue 2 070 2 280 2 510 2 760 3 040 3 340 COGS 501 690 701 716 738 763 Taxes 47 47,7 54,2 61,3 69,1 77,3 Net profit 1 569 1 590 1 809 2 044 2 302 2 577
PI 2,4 Payback Period 1,2years
Project capex USD 1,5 mln.Project NPV (7 years) USD 2,6 mln.
Project IRR 12 %
Company name
Mayor’s office of Mangistau region
Year of establishment
2015
Presence on the market:
2015
Current operation:
This is a greenfield project, therefore no operations are currently undertaken
Project initiator
Project profitability
☑ Equity ☑ Debt ☐ Technology transfer Other ☐
Contact information
Project initiator’s contacts: Mayor’s office of Mangistau region
15
CONFIDENTIAL
Veronika YunManager at Sectorial department on agriculture and food processing, KAZNEX INVEST, JSCMob: +7 771 805 4083E-mail: [email protected]
Proj
ect
info
rmat
ion
Con
tact
Establishment of a slaughterhouse and a feedlot with further production of meat products
Project profitability for the period of 10 years (in th. USD)
Proj
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Project cost: USD 15-20 mln.Location: East-Kazakhstan region, Ayagoz town, Mamyrsu villageImplementation period: 2016Project scope: Establishment of the meat factory on production of freshly cold lamb with the slaughterhouse capacity of 1 400 heads of sheep and 200 heads of cattle per shift as well as further processing of leftovers into tankageFinished product: meat products and tankageProduction capacity: 7,6 thousand of tons of meat annuallyPotential markets: local market of Kazakhstan, Eurasian union, Middle east and ChinaProvision of land and premises: initiator owns 52 hectares of agricultural lands available for the construction. Availability of project documentation for the required infrastructure of electricity and water. Availability of contract agreements with technology and equipment suppliersRequired financing: USD 14 mln.Required investor type:
Company name
Eurasia Agroholding LLP
Year of establishment
1994
Presence on the market:
1994
Current operation:
Production and distribution of meat products, animal (sheep) breeding
Project initiator
Project profitability
☑ Equity ☑ Debt ☑ Technology transfer Other ☐
Contact information
Project initiator’s contacts: Eurasia Agroholding LLP
As for confidentiality terms, additional information on financial model and project documentation will be provided upon personal request
Payback Period 4,5 yearsPayback Period disc. 4,7 years
Project capex USD 14 mln.Project IRR 20,86%
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CONFIDENTIAL
Veronika YunManager at Sectorial department on agriculture and food processing, KAZNEX INVEST, JSCMob: +7 771 805 4083E-mail: [email protected]
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Establishment of the modern factory on production of instant food in Special Economic Zone
Project profitability
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Project cost: USD 10-15 mln.Location: Astana city, Special Economic Zone “Astana – new city”Implementation period: 2016-2018Project scope: Establishment of the modern factory on production of instant food in Special Economic Zone. Among the main division of the factory will be instant noodles, confectionery, spices, instant tea and coffee, etc. Finished product: Instant noodles, confectionery, spices, instant tea and coffeeProduction capacity: 18,2 thousand of tons annuallyPotential markets: local market of Kazakhstan, Eurasian union, and ChinaProvision of land and premises: Availability of land and premises required for the project as well as documentation for the required infrastructure of electricity and water. Availability of contract agreements with technology and equipment suppliersRequired financing: USD 14,3 mln.
Required investor type:
Company name
Kazbrand LLP
Year of establishment
2001
Presence on the market:
2001
Current operation:
Production and export of wheat and flour from Kazakhstan to neighboring countries
Project initiator
Project profitability
☑ Equity ☑ Debt ☑ Technology transfer Other ☐
Contact information
Project initiator’s contacts: Kazbrand LLP
As for confidentiality terms, additional information on financial model and project documentation will be provided upon personal request
Project IRR 31,8%Payback Period 3,2 years
Project capex USD 9,82 mln.Project NPV USD 24,7 mln.
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CONFIDENTIAL
Veronika YunManager at Sectorial department on agriculture and food processing, KAZNEX INVEST, JSCMob: +7 771 805 4083E-mail: [email protected]
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Construction of Greenhouse Complex with annual capacity of 300 tones
Project profitability for the period of 7 years (in th. USD)
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Project cost: USD 2,7 - 3mln.Location: Kostanai region, Lisakovsk town Implementation period: 2013-2016Project scope: Construction of greenhouse complex to raise quality vegetable products Production of high quality, competitive and export oriented productProvide Kostanai region oblast with quality productsFinished product: Vegetable crops – tomatoes and cucumbersProduction capacity: 300-500 tones of crops per yearPotential markets: Kostanai region, Kazakhstan and CIS countriesProvision of land and premises: The company owns land spot for the construction of the greenhouse with the necessary infrastructure facilitiesRequired financing: USD 2,4 mln.
Required investor type:
Payback Period 3,9 yearsPayback Period disc. 4,3 years
Company name
Green Island Kazakhstan LLC
Year of establishment
2013
Presence on the market:
2015
Current operation:
Greenhouse complex that raise vegetables with the highest quality
Project initiator
☑ Equity ☑ Debt ☑ Technology transfer ☑ Other
Contact information
Project initiator’s contacts: «Green Island Kazakhstan» LLP
As for confidentiality terms, additional information on financial model and project documentation will be provided upon personal request
Project capex USD 2,4 mln.Project NPV (7 years) USD 1,9 mln.
Project IRR 34%
Project profitability
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CONFIDENTIAL
Veronika YunManager at Sectorial department on agriculture and food processing, KAZNEX INVEST, JSCMob: +7 771 805 4083E-mail: [email protected]
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Construction of a Plant to Produce Safflower Oil
Project profitability
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Project cost: USD 1,1 mln.Location: Kostanai region, Zhitikara village (Industrial Zone of Zhitikara) Implementation period: 2016-2022 (6 years)Project scope: Construction of a plant that will produce the safflower oil with the cold pressing methodFinished product: Safflower Oil and Oil Meal (processed safflower oil)Production capacity: 240,6 tones of Safflower Oil; 433,1 tones of Oil Meal per annumPotential markets: Local market; Russia Federation and ChinaProvision of land and premises: The initiator owns 2 hectares of land in the industrial zone of ZhitikaraRequired financing: USD 0,9 mln.
Required investor type:
Company name
“Kaz-IR Agro” LLC
Year of establishment
2009
Presence on the market:
Developed brand:
2009
“Safloria”
Current operation:
Economic feasibility study is being developed. Business plan is ready.
Project initiator
☑ Equity Debt ☐ ☐ Technology transfer Other ☐
Contact information
Project initiator’s contacts: Zhambyl Region, Shu District, Birlik village
As for confidentiality terms, additional information on financial model and project documentation will be provided upon personal
request
Project profitabilityProject ROE 18 %Payback Period 5,5 years
Project capex 1,1 mln USD Project IRR 18 %
Project profitability
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CONFIDENTIAL
Veronika YunManager at Sectorial department on agriculture and food processing, KAZNEX INVEST, JSCMob: +7 771 805 4083E-mail: [email protected]
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info
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Optimization of existing slaughterhouse and a feedlot complex with further production of meat products
Project profitability
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Project cost: USD 150-200 mln.Location: Pavlodar region, Ekibastuz districtImplementation period: 2016-2019Project scope: Optimization of the meat factory on production of meat products with the capacity of 2 000 heads of cattle and production of fodderFinished product: meat products and fodderProduction capacity: 2 000 heads of cattle, 19 000 tons of fodder annuallyPotential markets: local market of Kazakhstan, Eurasian unionProvision of land and premises: initiator owns necessary agricultural lands available for the construction. Availability of project documentation for the required infrastructure of electricity and water. Availability of contract agreements with technology and equipment suppliersRequired financing: USD 189 mln.
Required investor type:
Project capex USD 180 mln. Project IRR 15,3%
Company name
EMPK LLP
Year of establishment
2000
Presence on the market:
2000
Current operation:
Production and distribution of meat products, animal (sheep) breeding, fodder production
Project initiator
Project profitability
☑ Equity ☑ Debt ☑ Technology transfer Other ☐
Contact information
Project initiatorEMPK LLP
As for confidentiality terms, additional information on financial model and project documentation will be provided upon personal request
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CONFIDENTIAL
Veronika YunManager at Sectorial department on agriculture and food processing, KAZNEX INVEST, JSCMob: +7 771 805 4083E-mail: [email protected]
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info
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Con
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Construction of a Plant for Industrial Grain Processing
Project profitability
Proj
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Project cost: USD 45,4 mln.Location: Kostanai region, Zarechnoe village Implementation period: 2016-2024 (7-8 years)Project scope: Construction of a plant that will deal with the deep processing of grain into starch, gluten and condensed fodder for domestic animalsFinished product: Grain starch, grain gluten and condensed forms of fodderProduction capacity: 4500 tones of gluten at 8% concentration; 23600 tones of starch type A with humidity level at 10%; 23000 tones of dry fodder products with humidity level at 12,5%Potential markets: Local markets; Baltic states; Netherlands and IranProvision of land and premises: A land of 2 hectares has been provided by the local government for the purposes of construction of the plantRequired financing: USD 45,4 mln.
Required investor type:
Company name
“Al Rudan” LLC
Year of establishment
2001
Presence on the market:
Developed brands:
2001
“Rudan”
Current operation:
Business plan is being developed. Economic feasibility study is ready
Project initiator
☑ Equity ☑ Debt ☐ Technology transfer Other ☐
Contact information
Project initiator’s contacts:“Al Rudan” LLC
As for confidentiality terms, additional information on financial model and project documentation will be provided upon personal
request
Project profitability
As for confidentiality terms, additional information on financial model and project documentation will be provided upon personal
request
Payback Period 7 years
Project capex 20,4 mln USD Project IRR 25 %
Project profitability
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CONFIDENTIAL
Veronika YunManager at Sectorial department on agriculture and food processing, KAZNEX INVEST, JSCMob: +7 771 805 4083E-mail: [email protected]
Proj
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info
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Modernization of existing confectionery factory
Project profitability
Proj
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Project cost: USD 15-20 mln.Location: Aktobe region, Aktobe cityImplementation period: 2016-2017Project scope: Modernization of the existing plant through establishment of the modernly-automized factory of the production of the wide assortment of confectionery products.Finished product: Confectionery productsProduction capacity: 10 000 tons annuallyPotential markets: local market of Kazakhstan, RussiaProvision of land and premises: existing factory established in 1971, availability of additional land of 7,8 ha with all necessary infrastructureRequired financing: USD 20 mln.
Required investor type:
Company name
Aktobe confectionery factory
Year of establishment
1971
Presence on the market:
1971
Current operation:
Production of confectionery products
Project initiator
☑ Equity ☑ Debt ☐ Technology transfer Other ☐
Contact information
Project initiator’s contacts:Aktobe confectionery factory
Project profitabilityProject capex USD 20 mln. ProjeIRR 26%
Project profitability
As for confidentiality terms, additional information on financial model and project documentation will be provided upon personal request