Karoo Harvest Produce — Operating Cost Structure

Projected annual operating costs at full production (Year 1 onwards) are detailed below. The cost structure reflects commercial irrigated onion production benchmarks for the Northern Cape, adjusted for current input pricing.

Karoo Harvest Produce (Pty) Ltd Business Plan › Operating Cost Structure

Section 8 · Business Plan

Operating Cost Structure

Projected annual operating costs at full production (Year 1 onwards) are detailed below. The cost structure reflects commercial irrigated onion production benchmarks for the Northern Cape, adjusted for current input pricing.

8.1 Annual Operating Cost Breakdown

Projected annual operating costs at full production (Year 1 onwards) are detailed below. The cost structure reflects commercial irrigated onion production benchmarks for the Northern Cape, adjusted for current input pricing.

Figure
operating_costs.png — visualised from the accompanying data.
Cost Category Year 1 (R) Year 2 (R) Year 3 (R) % of Revenue
Seed & Seedlings 3,200,000 3,360,000 3,530,000 10.7%
Fertiliser & Agrochemicals 3,800,000 3,990,000 4,190,000 12.7%
Irrigation & Energy 2,500,000 2,700,000 2,920,000 8.3%
Permanent Labour (85 staff) 2,800,000 3,080,000 3,390,000 9.3%
Seasonal Labour (200 workers) 1,500,000 1,575,000 1,654,000 5.0%
Transport & Logistics 2,200,000 2,420,000 2,660,000 7.3%
Packaging & Grading 1,800,000 1,890,000 1,985,000 6.0%
Insurance & Overheads 1,200,000 1,260,000 1,323,000 4.0%
Maintenance & Repairs 1,000,000 1,100,000 1,200,000 3.3%
TOTAL OPERATING COSTS 20,000,000 21,375,000 22,852,000 66.7%

Operating costs are projected to increase at approximately 5–7% per annum, reflecting CPI inflation on labour and input costs, partially offset by efficiency gains from scale and precision agriculture optimisation. The all-in cost of production is estimated at approximately R2,780 per tonne in Year 1, declining to R2,600 per tonne by Year 3 as economies of scale are realised.

8.2 Labour Plan

Category Headcount Monthly Cost Annual Cost
Farm Manager 1 R45,000 R540,000
Assistant Managers 2 R25,000 each R600,000
Irrigation Technicians 4 R15,000 each R720,000
Machinery Operators 6 R12,000 each R864,000
General Farm Workers 72 R5,500 each R4,752,000
Administrative Staff 4 R12,000 each R576,000
Seasonal Workers (peak) 200 R4,500 each (4 months) R3,600,000
TOTAL 289 (peak) R11,652,000

All permanent employees will be employed on BCEA-compliant contracts at or above the national minimum wage for the agricultural sector. The Company will register with the Unemployment Insurance Fund (UIF), Compensation Fund, and relevant bargaining councils as required.

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