Indofood Agri Resources Ltd - Annual Report 2014 - page 31

29
INDOFOOD AGRI RESOURCES LTD
ANNUAL REPORT 2014
Operational Highlights – CMAA
Harvest Season:
April to March
Unit
2012/
2013
2013/
2014
2014/
2015
12 Mths 12 Mths 9 Mths
Planted Area*
Ha 37,909 42,517 47,554
Harvested Area
Ha 22,546 31,627 42,378
Cane Crushing ’000 tonnes 2,218 3,026 3,511
* 51% of planted area is leased & planted by CMAA. The balance 49% belongs
to third parties.
Production Volume:
VHP
’000 tonnes
152 187 224
Ethanol
’000 M
3
96 137 145
Energy
’000 Mwh
123 206 375
Operational Highlights – RHI
Harvest Season:
October to September
Unit
2012/
2013
2013/
2014
12 Mths 12 Mths
Production Volume:
Sugar
Cane Crushing
’000 tonnes 3,339 3,247
Raw sugar
’000 tonnes
341
312
Refined sugar
’000 tonnes
120
103
Ethanol
’000 M
3
8
32
As at 31 December 2014, CMAA has a cane planted area of
47,554 hectares, of which 51% is company owned and 49%
belonging to third parties. In 2014, CMAA processed 3.5
million tonnes of harvested sugar cane, producing 224,000
tonnes of sugar, 145,000 M
3
of ethanol and 375,000 Mwh of
electricity. The Group’s 50% share of profits from CMAA for
2014 amounted to Rp29 billion (approximately USD 2 million),
whereas last year we included only six months results.
CMAA achieved Bonsucro Certification for 111,000 tonnes of
sustainable sugar cane production, representing 3% of its total
cane production in 2014. Bonsucro is a globally recognised
standard, and a multi
-
stakeholder non
-
profit organisation that
promotes measureable standards in sustainable sugar cane
production.
In 2014, RHI processed 3.2 million tonnes of sugar cane from
third party suppliers, producing 312,000 tonnes of sugar
and 32,000 M
3
of ethanol. It also refined 103,000 tonnes of
raw sugar.
World Sugar Production 2013/14
TOTAL
182.0
million
tonnes
22% Brazil
14% India
9% EU
8% China
7% Thailand
4% US
4% Mexico
3% Russia
3% Pakistan
2% Australia
24% Others
Source: LMC International
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