GrainCore — Capital Requirements & Use of Funds
The R720 million capital requirement and the use of funds across the greenfield milling plant, silos, warehousing, logistics and working capital.
Section 15 · Business Plan
Capital Requirements & Use of Funds
The R720 million capital requirement and the use of funds across the greenfield milling plant, silos, warehousing, logistics and working capital.
The total funding requirement is R720 million, deployed across plant,
infrastructure, and working capital. The allocation below is sized for
the Phase 1 integrated flagship facility and its initial distribution
network.
| Use of funds | Amount (R’m) | % of total |
|---|---|---|
| Milling plant & machinery | 300 | 41.7% |
| Buildings & civil works | 140 | 19.4% |
| Silos & grain handling | 90 | 12.5% |
| Warehousing & logistics | 70 | 9.7% |
| Packaging & fortification lines | 45 | 6.3% |
| Utilities & solar | 35 | 4.9% |
| IT, ERP & laboratory systems | 20 | 2.8% |
| Pre-operating & initial working capital | 20 | 2.8% |
| Total funding requirement | 720 | 100.0% |
Table 15.1 — Use of funds.
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 GrainCore Milling & Foods (Pty) Ltd.