Siyanda Agro-Processing — Appendices
Supporting appendices — the five-year financial-model summary, the glossary of terms and the sources and references underpinning the Siyanda Agro-Processing business plan and financial model.
Section 14 · Business Plan
Appendices
Supporting appendices — the five-year financial-model summary, the glossary of terms and the sources and references underpinning the Siyanda Agro-Processing business plan and financial model.
Appendix A — Five-Year Financial Model Summary
| ZAR ‘000 | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 |
|---|---|---|---|---|---|
| Revenue | 643,000 | 1,252,000 | 1,995,000 | 2,707,000 | 3,362,000 |
| EBITDA | 95,610 | 271,340 | 508,425 | 755,310 | 997,804 |
| EBIT | 33,610 | 203,340 | 434,425 | 677,310 | 917,804 |
| Net profit after tax | -28,390 | 114,858 | 281,360 | 464,871 | 647,002 |
| Operating cash flow | -35,062 | 114,373 | 269,576 | 458,838 | 648,287 |
| Closing cash | 494,938 | 433,311 | 447,887 | 726,725 | 1,207,012 |
| Total assets | 1,265,463 | 1,362,411 | 1,613,012 | 2,028,450 | 2,613,362 |
| Total equity | 659,110 | 773,968 | 1,055,328 | 1,520,199 | 2,167,201 |
Table 36. Consolidated five-year financial model
summary.
Appendix B — Glossary of Terms
| Term | Definition |
|---|---|
| AfCFTA | African Continental Free Trade Area |
| AGOA | African Growth and Opportunity Act (US trade preference) |
| BRCGS | Brand Reputation Compliance Global Standards (food safety) |
| CAGR | Compound annual growth rate |
| EBITDA | Earnings before interest, tax, depreciation and amortisation |
| GlobalG.A.P. | Global good-agricultural-practice certification |
| HACCP | Hazard analysis and critical control points |
| IDC | Industrial Development Corporation of South Africa |
| ISO 22000 | International food-safety management system standard |
| NPAT | Net profit after tax |
| ROCE / ROE | Return on capital employed / return on equity |
| SADC | Southern African Development Community |
Table 37. Glossary of key terms and
abbreviations.
Appendix C — Sources & References
Industry and market data cited in this Plan are drawn from the
following publicly available sources, accessed in 2025–2026:
- Statistics South Africa — Q4 2025 GDP release (agriculture sector
growth, GDP contribution). - Agricultural Business Chamber (Agbiz) — South African
agricultural export reporting, 2025. - FreshPlaza — South African fresh-produce and agricultural export
trade reporting, 2025–2026. - Mordor Intelligence — South Africa Agriculture and Fruits &
Vegetables market reports, 2026. - Citrus Growers’ Association / Ecofin Agency — citrus export
volume and value data, 2025. - USDA Foreign Agricultural Service — South Africa food-processing
sector reporting.
End of business plan.
Confidential — this business plan is provided to prospective investors and lenders for evaluation purposes only and may not be reproduced or distributed without the written consent of Siyanda Agro Processing & Exports (Pty) Ltd.