Professional Documents
Culture Documents
Organisational Structure
Board of Directors
Agriculture Director Tanganda Estates Corporate Commercial Director Finance Director Group Human Resources Manager Beverage Division General Manager
Operating Environment
Macro-economics Exchange rate rigidity for prolonged period Inflation of over 1000% and rising Interest rates Estates Weather uncertainty Labour Beverage Weak demand Shortage of packaging material Complementary products Financial Working capital management
Highlights (Historical)
Beverage Division volumes down 29% but revenue up 1 276% Tea production up 2% at 8 500 tonnes (2005: 8373 tonnes) Turnover up 1029% to $2 541 million Export revenue up 727% to $992 million Operating Profit up 1261% to $1 388 million Earnings per share up 1099% at $8.63 (2005: $0.72)
Agriculture
Beverage Corporate
996%
900% 1352% 727% 1375% Total : 1029% Total : 1002%
Turnover up
Exports Local
2006
2006
Beverage 30%
Agriculture 70%
Domestic
Export Stores
$ 222
$ 190 $ 690 $1 115
$
$ $
32
33 42
$
$ $
200
157 656
883%
474% 1718% 1077%
$ 107
$ 1 007
Debtors
Domestic Export Other $ 379 $ 127 $ 239 $ $ $ 21 25 16 $ 358 $ 102 $ 223 1700% 400% 1400%
$ 745
63
$ 682
1082%
Creditors
$ 500
49
($ 451) $1 240
920%
Cash collection
Costs
Operating Costs
Ke ny a
Sr iL an ka
ad es h Ba ng l
ba bw
Ta ng an
Zi m
In do
ne si a
da
al aw
In di
Regional Production
350 300 250 200 150 100 50 0
2002
2004
2006
300
250
200
150
100
50
0
86 87 88 89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05
Tanganda Mombasa
Tanganda Prices
300 250 200 150 100 50 0
No vNo vOc t-0 6 04 05
Tanganda Mombasa
Outlook
Short-term
Late start to the rainy season Concentration on increasing yields(farming) and quality (practices) Some expansion Further development of out-growers New products in Beverage Division Devaluation?
Outlook
Medium-term 350 ha of immature tea coming to maturity over next 5 years 300ha available for further development Out-growers Macadamias- 150 ha in the ground, 2 tonnes/ha @ US$1.30/kg Coffee reduction New products in Beverage Add value to our core product - tea
Snack Time There are many members of management present, so please feel free to ask them about the year.