KOPERASI SERBAUSAHA MAKMUR BERHAD (KOSMA)

MAJLIS MESRAKUALA LUMPUR ● TEMERLOH ● KUANTAN

Aspirasi Kegemilangan

BUSINESS STRUCTURE 2014

WUJUD WAWASAN SDN. BHD.

KOSMA TOURISM SDN. BHD.

49%100% 100%

Subsidiaries / Associates

KOPERASI

KOSMA HOLDINGS SDN. BHD.

Business Activities

BUSINESS HOTEL

AR-RAHNUBOUTIQUE

HOTELLADANG SAWIT

BUDGET HOTEL

KILANG SAWIT

BUSINESS STRUCTURE 2015 (W.E.F 1/7/2015)

WUJUD WAWASAN SDN. BHD.

KOSMA TOURISM SDN. BHD.

BUSINESS HOTEL

AR-RAHNUBUDGET HOTEL

BOUTIQUE HOTEL

49%100% 100%

Subsidiaries / Associates

LADANG SAWIT

KILANG SAWIT

KOPERASI

KOSMA HOLDINGS SDN. BHD.

Business Activities

REVIEW OF PERFORMANCE KOSMA ESTATES (Jan – Dec 2015)

Aspirasi Kegemilangan

• Low CPO price (average RM 2,100 to RM 2,200

per ton). Price supported by depreciated

Ringgit.

• Difficulty in recruiting foreign workers (New

regulations by Indonesian government).

• Increasing stock of CPO in Malaysia (2.9 million

tons in November), and low export.

BUSINESS SCENARIO IN 2015

AVERAGE PRICE OF CPO

MONTH CPO PRICE 2015Jan 2,301.50Feb 2,271.50Mar 2,243.50Apr 2,164.00May 2,165.50June 2,268.00July 2,190.50Aug 1,975.00Sept 1,987.50Oct 2,213.00Nov 2,124.00Dec 2,154.50

Average 2,157.50

NATIONAL PALM OIL STOCK (TONS)

ITEM 2013 2014 2015

Jan 2,563,345 1,935,215 1,761,010

Feb 2,425,849 1,656,931 1,735,715

Mar 2,160,810 1,688,093 1,857,861

Apr 1,913,531 1,766,190 2,181,300

May 1,816,341 1,841,341 2,239,726

June 1,647,604 1,656,756 2,142,150

July 1,674,258 1,684,756 2,258,164

Aug 1,668,132 2,053,199 2,492,206

Sept 1,783,773 2,090,529 2,641,567

Oct 1,845,936 2,166,311 2,835,588

Nov 1,978,685 2,280,561 2,908,950

Dec 1,987,111 2,015,789 2,631,612

Average 1,955,448 1,902,973 2,306,987

MONTHLY EXPORT OF PALM OIL

MONTH QUANTITY (TONS)

Jan 1,191,276Feb 972,645Mar 1,182,169Apr 1,175,748May 1,613,586June 1,697,277July 1,612,755Aug 1,607,938Sept 1,678,134Oct 1,711,869Nov 1,499,112Dec 1,483,214

TOTAL 17,440,617

MANAGEMENT STRATEGIES IN 2015

1. Reduce expenditure on non-essential items.

2. Reduce manuring inputs on palms older than

18 years.

3. Focus on recruiting TKI with permit.

4. Continue to focus on increasing labour

productivity and multi – tasking to reduce

labour requirement.

5. Try to achieve 250,000 tons FFB.

LABOUR STATISTICS (DEC 2015)

ESTATE REQUIREMENT ACTUAL SHORTAGE

LGJ 164 147 -17LSK 143 115 -28LBS 121 92 -29LK6 127 103 -24LK7 104 62 -42LK8 161 120 -41LK9 160 119 -41

TOTAL 980 758 -222Ratio 1 : 15.5ha 1 : 20ha

Industry Average 1 : 10ha

STRATEGIES ON LABOUR

1. Target ratio of 1 : 14ha.

2. Provide satisfactory accommodation and

amenities.

3. UTA monitoring workers wages.

1. Out – turn

2. Daily earnings

3. Productivity

4. Target minimum wage of RM 1,000 per month.

5. Multi-Tasking.

6. Mechanization.

ACHIEVEMENTS IN 2015 (Actual vs Budget)

ITEMACTUAL

JAN - DEC 2015BUDGET

JAN - DEC 2015ACTUAL /

BUDGET %

Total Production (MT) 253,591 235,000 108Average FFB Price (RM/MT) 432.29 450.00 96Total FFB Revenue (RM) 109,667,193 105,750,000 104Revenue Expenditure (RM)(Excluding Immature) 45,006,795 48,369,541 93

Immature Cost (RM) 9,425,863 12,234,807 77Depreciation (RM) 2,348,822 2,681,285 88HQ Expenses (RM) 3,325,463 2,907,000 114Cooking Oil Cess(RM) 0 352,500 0GROSS PROFIT (RM) 49,560,250 39,204,867 126

EXPENDITURE CONTROL IN JANUARY – DECEMBER 2015ACTUAL VS BUDGET

ITEM

JAN – DEC 2015 ACTUAL / BUDGET (%)ACTUAL BUDGET

General Charges 13,224,941 14,815,152 89

Upkeep (Mature) 16,788,263 19,596,139 86

Harvesting / Collection

14,993,590 13,958,250 107

(59.12/t) (59.40/t) 100

Immature Expenses 9,425,865 12,234,807 77

AVERAGE YIELD 2014 / 2015

LADANG

T/HA KOSMA / Pahang /

Peninsula M’sia (%)Jan – Dec

2014Jan – Dec

2015

KOSMA 19.47 22.30 -

Pahang 18.41 18.55 +20

Peninsula Malaysia

18.23 18.80 +18

OIL EXTRACTION RATE (JAN – DEC 2015)

Month OER (%)

Jan 19.0Feb 19.8Mar 20.7Apr 20.1May 20.0June 20.0July 20.2Aug 19.1Sept 19.8Oct 20.3Nov 20.6Dec 19.9

Average OER 20.0

COST OF UPKEEP (MATURE AREA) 2014 VS 2015

ItemJan – Dec (RM / Ha)2014 2015

Weeding 132.18 118.75

Pruning 38.42 52.19

Draining 5.42 3.44

Manuring 1,073.11 1,034.52

Pest & Disease 10.15 3.39

Roads & Bridges 110.61 60.39

Thinning / Water Conservation 0.73 0.30

Boundary 3.97 0.35

Supplying/Shade Upkeep 1.56 0.62

COST OF FFB PRODUCTION IN 2015 (JAN – DEC 2015)ACTUAL VS BUDGET

ITEM RM / TONNE

2015 Actual 177.48

2015 Budget 205.83

COST OF FFB PRODUCTION IN 2015 (2015 VS 2014)

ITEMRM / Ton

2014 2015

General Charges 53.93 52.15

Upkeep & Cultivation 78.90 66.20

Harvesting & Collection 58.26 59.12

TOTAL 191.09 177.48

ACHIEVEMENTS IN 2015

1. Higher production than budget by 8%, and

higher than 2014 by 6%.

2. Average yield higher than Pahang by 20%, and

higher than Peninsula Malaysia by 18%.

3. Lower revenue expenditure against budget by

7%, and lower than 2014 by 2%.

4. Cost of production at RM 177.48 per ton lower

than budget by 14% and lower than 2014 by

7%.

5. Gross Profit of RM 49.5 million.

EXPECTED BUSINESS SCENARIO IN 2016

1. Very low production in first half due to severe

drought in 2014 and 2015 (El Nino effect).

2. High price of fertilizers on strength of US

dollar. Expect 15 to 25% increase in prices.

3. Labour shortage as Indonesia impose more

regulations. Cost of recruitment and wages

increase.

4. Price of CPO may increase in first half due to

low production. But it is likely to trend lower in

second half.

5. Price of CPO may fall if Ringgit strengthens.

MANAGEMENT STRATEGIES FOR KOSMA ESTATESIN 2016

1. Further increase in productivity for labour and staff.

I. Better and more efficient tools and equipment.

II. Staff training.

2. Continue prudence on expenditure. Only essential

works to be carried out. Target cost of production at

RM 190 per ton FFB.

3. Reduction in fertilizer inputs for palms older than 18

years by 20% to 30%. But fertilizer inputs for younger

and prime palms remain at optimum level.

4. Non-essential capital items to be with-held.

5. Reduce replanting area for 800ha a year to 450ha in

2016.

ACHIEVEMENTS IN 2015 (KOSMA HOLDINGS)

KOSMABUSINESS

HOTEL

KOSMABOUTIQUE

HOTEL

KOSMAHOLDINGS

KHSBCONSOLIDATION

PENDAPATAN 478,848 162,345 - 641,194

KOS LANGSUNG (420,099) (163,404) - (583,503)

UNTUNG KASAR 58,749 (1,058) - 57,690

PENDAPATAN LAIN 90,466 6,619 1,979 19,065

PERBELANJAANPENTADBIRAN (17,006) (16,648) (20,080) (53,734)

KEUNTUNGAN BERSIH 52,209 (11,087) (18,100) 23,022

JAN FEB YTD 1 YEAR (2015)

PENDAPATAN 48,176 85,218 133,394 312,240

JUMLAH PERBELANJAAN 35,436 42,777 78,213 (333,045)

KEUNTUNGAN / KERUGIANBULAN SEMASA

12,739 42,440 55,180 (19,704)

KEUNTUNGAN / KERUGIAN AWAL TAHUN

(213,583) (193,879)

KEUNTUNGAN /KERUGIAN TERKUMPUL

(158,402) (213,583)

ACHIEVEMENTS IN 2015 & JAN – FEB 2016 (AR-RAHNU)

ACHIEVEMENTS IN 2015 (KOSMA TOURISM)

2015RM

2014 RM

PENDAPATAN 387,543 419,257

KOS LANGSUNG (282,778) (304,680)

KEUNTUNGAN KASAR 104,765 114,577

PENDAPATAN LAIN 9,373 16,029

PERBELANJAAN PENTADBIRAN (57,394) (46,001)

KEUNTUNGAN BAGI TAHUN 56,744 84,605

PERCUKAIAN (16,533) (21,331)

KEUNTUNGAN BAGI TAHUN SELEPAS CUKAI

40,211 63,274

ACHIEVEMENTS IN 2016 (UP TO FEB 2016)Koperasi Unit Ladang Pelarasan Gabungan 2015

Pendapatan (1 Tahun)Keuntungan Unit Ladang 2,563,989 (2,563,989 ) 0 Yuran Pengurusan ladang 672,513 (672,513 ) 0 Yuran Pengeluaran hasil 374,592 (374,592 ) 0

0 -3,611,094 0 (3,611,094 ) 0 -

Ibu PejabatPelaburan 85,157 85,157 48,139,640 Pelbagai Pendapatan 22,800 22,800 LadangFFB Sales 15,053,954 15,053,954 109,667,193 Sundry Income 10,086 10,086

Jumlah Pendapatan (A) 3,719,052 15,064,040 (3,611,094 ) 15,171,997 157,806,833

Perbelanjaan (B)Belanja Ibu Pejabat (1,314,779 ) (1,314,779 ) (9,797,613 )Belanja Operasi Ladang (5,710,633 ) (5,710,633 ) (31,781,854 )Belanja Pentadbiran ladang (2,628,272 ) 374,592 (2,253,680 ) (15,774,451 )Jumlah Perbelanjaan Ibu Pejabat (1,314,779 )Jumlah Perbelanjaan Ladang (8,338,905 ) (3,236,503 ) (9,279,092 ) (57,353,918 )Untung/(Rugi) Ibu Pejabat 2,404,273 Untung Operasi Ldg /untung gabungan 6,725,135 5,892,905 57,222,914 (sebelum YPL & RAL)Yuran Pengurusan Ladang (YPL)-10% (672,513 ) 672,513 0 Rezab Am ladang (RAL) (1,333,333 ) (1,333,333 ) (9,425,863 )Keuntungan Koperasi (54.33%) (2,563,989 ) 2,563,989 0

Untung tahun Semasa (A + B) (2016) 2,404,273 2,155,299 0 4,559,572 47,797,051

Untung tahun Semasa (A + B) (2015) 2,394,910 2,028,005 0 4,422,915 47,797,051

ACHIEVEMENTS UP TO FEB 2016 (KOPERASI)

RM

PENDAPATAN

Keuntungan Unit Ladang 2,563,989

Yuran Pengurusan Ladang 672,513

Yuran Pengeluaran Hasil 374,592

Jumlah 3,611,094

PENDAPATAN LAIN 107,957

Perbelanjaan Ibu Pejabat (1,314,779)

Untung Tahun Semasa( 2016) 2,404,273

Untung Tahun Semasa (2015) 2,394,910

ACHIEVEMENTS UP TO FEB 2016 (UNIT LADANG)

RM

LADANG

FFB Sales 15,053,954

Sundry Income 10,086

JUMLAH PENDAPATAN 15,064,040

Untung Operasi Ldg / Untung Gabungan(sebelum YPL & RAL)

6,725,135

Yuran Pengurusan Ladang (YPL)-10% (672,513)

Rezab Am Ladang (RAL) (1,333,333)

Keuntungan Koperasi (54.33%) (2,563,989)

Untung Tahun Semasa (2016) 2,155,299

Untung Tahun Semasa (2015) 2,028,005

RM

JUMLAH PENDAPATAN 15,171,997

PERBELANJAAN

Belanja Ibu Pejabat (1,314,779)

Belanja Operasi Ladang (5,710,633)

Belanja Pentadbiran Ladang (2,253,680)

JUMLAH PERBELANJAAN (9,279,092)

Untung Operasi Ldg/untung gabungan(sebelum YPL & RAL)

5,892,905

Rezab AM ladang (RAL) (1,333,333)

Untung Tahun Semasa (2016) 4,559,572

Untung Tahun Semasa (2015) 4,422,915

ACHIEVEMENTS UP TO FEB 2016 (KOPERASI & UNIT LADANG)

DIVIDEND HISTORY

MODAL SYER

2012 40%

2013 40%

2014 30%

2015 ?

UNIT LADANG

2012 RM4,750

2013 RM4,750

2014 RM4,000

2015 ?

SEKIAN, TERIMA KASIH.Sila layari alamat dibawah untuk memuat turun slide ini.

BAHASA INGGERIS

www.kosma.com.my/roadshow2016en.pdfBAHASA MELAYU

www.kosma.com.my/roadshow2016bm.pdf

Aspirasi Kegemilangan

Atau Imbas QR Code untuk memuat turun.

Dapatkan QR Code Reader di: