Business Plan Africa Investor-Ready Plans

Cattle Baron Master Business Plan — Appendix B: Capital Schedules

Detailed capital expenditure schedules by year covering breeding stock, fencing, handling facilities, water and vehicles.

Appendix B: Capital Schedules

Jump to section

On this page

B.1 Year 1 capital
B.2 Year 2 capital
B.3 Year 3 capital
B.4 Year 4 capital
B.5 Year 5 capital
B.6 Capital summary
B.7 Asset roll-forward

B.1 Year 1 capital

Item	R’000	Treatment	Share of year
Foundation herd, 120 pregnant heifers and cows	1 740	Biological asset	40.3%
Breeding bulls, 5 head	240	Biological asset	5.6%
Perimeter and camp fencing	640	Capitalised and depreciated	14.8%
Water: boreholes, solar pumps, tanks and troughs	520	Capitalised and depreciated	12.0%
Handling facility, crush, scale and loading ramp	285	Capitalised and depreciated	6.6%
Bakkie and livestock trailer	420	Capitalised and depreciated	9.7%
Registration, brand, veterinary setup and training	95	Capitalised and depreciated	2.2%
Working capital, first twelve months	380	Working capital	8.8%
Total Year 1	4 320		100.0%

B.2 Year 2 capital

Item	R’000	Treatment	Share of year
Additional camp fencing	320	Capitalised and depreciated	36.8%
Second water point and reticulation	210	Capitalised and depreciated	24.1%
Breeding bulls, 2 head	104	Biological asset	12.0%
Handling and quarantine camp	130	Capitalised and depreciated	14.9%
Working capital	106	Working capital	12.2%
Total Year 2	870		100.0%

B.3 Year 3 capital

Item	R’000	Treatment	Share of year
Camp fencing to 250 cows	430	Capitalised and depreciated	27.4%
Third water point and solar pump	290	Capitalised and depreciated	18.5%
Breeding bulls, 3 head	162	Biological asset	10.3%
Fodder store and lick storage	180	Capitalised and depreciated	11.5%
Vehicle and equipment	320	Capitalised and depreciated	20.4%
Working capital	188	Working capital	12.0%
Total Year 3	1 570		100.0%

B.4 Year 4 capital

Item	R’000	Treatment	Share of year
Camp fencing to 350 cows	560	Capitalised and depreciated	28.1%
Water storage and reticulation upgrade	380	Capitalised and depreciated	19.1%
Breeding bulls, 4 head	228	Biological asset	11.5%
Handling facility expansion	290	Capitalised and depreciated	14.6%
Vehicle and equipment	290	Capitalised and depreciated	14.6%
Working capital	242	Working capital	12.2%
Total Year 4	1 990		100.0%

B.5 Year 5 capital

Item	R’000	Treatment	Share of year
Camp fencing to 450 cows	700	Capitalised and depreciated	28.6%
Fourth water point and solar pump	420	Capitalised and depreciated	17.2%
Breeding bulls, 4 head	244	Biological asset	10.0%
Drought fodder reserve infrastructure	380	Capitalised and depreciated	15.5%
Vehicle, equipment and staff housing	405	Capitalised and depreciated	16.6%
Working capital	296	Working capital	12.1%
Total Year 5	2 445		100.0%

B.6 Capital summary

Year	Infrastructure	Livestock	Working capital	Total	Cumulative
Year 1	1 960	1 980	380	4 320	4 320
Year 2	660	104	106	870	5 190
Year 3	1 220	162	188	1 570	6 760
Year 4	1 520	228	242	1 990	8 750
Year 5	1 905	244	296	2 445	11 195
Total	7 265	2 718	1 212	11 195

B.7 Asset roll-forward

R’000	Year 1	Year 2	Year 3	Year 4	Year 5
Infrastructure, opening	—	1 769	2 199	3 120	4 252
Infrastructure additions	1 960	660	1 220	1 520	1 905
Depreciation	(191)	(230)	(299)	(388)	(496)
Infrastructure, closing	1 769	2 199	3 120	4 252	5 661
Breeding herd, opening	—	1 980	3 059	4 835	7 242
Livestock purchased	1 980	104	162	228	244
Herd growth	—	975	1 614	2 179	2 405
Breeding herd, closing	1 980	3 059	4 835	7 242	9 891

Previous sectionA. Appendix A: Consolidated Financial Summary

Next sectionC. Appendix C: Funding and Debt Schedules