Lichtenburg Nut Company Business Plan — Appendix B: Ten-Year Financial Summary
The ten-year financial summary extending beyond the six-year projection horizon.
Section 36 of 37
Appendix B: Ten-Year Financial Summary
Jump to section
- 0. Basis of Preparation and Important Notice
- 1. Executive Summary
- 2. Investment Thesis
- 3. The Company
- 4. Problem, Customer Need and Value Proposition
- 5. Products and Services
- 6. Industry Analysis
- 7. Market Analysis
- 8. Customer Analysis
- 9. Competitive Landscape
- 10. Business Model
- 11. Go-to-Market Strategy
- 12. Operating Model
- 13. Raw Material Supply and Contract Farming
- 14. Quality, Food Safety and Aflatoxin Control
- 15. Management and Organisation
- 16. Strategic Plan
- 17. SWOT Analysis and Strategic Implications
- 18. Risk Analysis
- 19. ESG and Development Impact
- 20. Implementation Roadmap
- 21. Financial Model and Assumptions
- 22. Projected Income Statement
- 23. Projected Balance Sheet
- 24. Projected Cash Flow
- 25. Capital Expenditure
- 26. Working Capital
- 27. Funding Requirement and Structure
- 28. Debt Serviceability
- 29. Break-even Analysis
- 30. Scenario and Sensitivity Analysis
- 31. Valuation and Investment Returns
- 32. Key Performance Indicators and Management Dashboard
- 33. Conclusion and Recommendation
- A. Appendix A: Detailed Assumption Register
- B. Appendix B: Ten-Year Financial Summary
- C. Appendix C: Glossary and Sources
Table 84. Ten-year financial summary, FY2029 to FY2038
|
R million unless stated |
FY2029 |
FY2030 |
FY2031 |
FY2032 |
FY2033 |
FY2034 |
FY2035 |
FY2036 |
FY2037 |
FY2038 |
|---|---|---|---|---|---|---|---|---|---|---|
|
Volume (tonnes) |
1,180 |
1,840 |
2,340 |
2,730 |
3,000 |
3,170 |
3,360 |
3,560 |
3,750 |
3,900 |
|
Net revenue |
64.3 |
107.8 |
148.3 |
184.1 |
213.8 |
237.0 |
263.3 |
292.1 |
322.2 |
351.0 |
|
Gross profit |
6.9 |
21.8 |
34.5 |
46.4 |
55.2 |
61.4 |
67.5 |
75.1 |
83.6 |
91.5 |
|
EBITDA |
-4.9 |
2.3 |
12.0 |
20.3 |
25.3 |
28.4 |
31.0 |
34.6 |
39.1 |
43.0 |
|
EBIT |
-14.3 |
-6.4 |
2.5 |
9.9 |
15.2 |
18.1 |
19.2 |
22.5 |
27.5 |
31.3 |
|
Net profit after tax |
-17.7 |
-10.6 |
-3.7 |
1.0 |
5.4 |
6.6 |
7.6 |
11.2 |
16.3 |
20.8 |
|
Capital expenditure |
0.0 |
0.0 |
19.1 |
1.8 |
1.8 |
33.5 |
2.3 |
2.3 |
2.3 |
2.3 |
|
Net working capital |
15.5 |
21.4 |
29.0 |
35.6 |
41.0 |
45.3 |
50.1 |
55.5 |
61.0 |
61.8 |
|
Net debt |
59.5 |
40.0 |
62.7 |
59.7 |
50.5 |
69.5 |
58.1 |
43.7 |
25.1 |
-2.3 |
|
Total equity |
49.3 |
60.7 |
57.0 |
58.0 |
63.4 |
70.0 |
74.9 |
82.2 |
92.8 |
106.3 |
|
Free cash flow to the firm |
-17.8 |
-3.6 |
-14.6 |
11.9 |
17.4 |
-9.4 |
23.2 |
26.0 |
30.0 |
38.0 |
|
EBITDA margin |
-7.6% |
2.1% |
8.1% |
11.0% |
11.8% |
12.0% |
11.8% |
11.8% |
12.1% |
12.3% |
|
Return on invested capital |
-9.6% |
-4.3% |
1.6% |
6.0% |
9.5% |
10.3% |
10.2% |
12.5% |
15.9% |
19.2% |
|
Capacity utilisation |
35% |
54% |
69% |
81% |
89% |
94% |
71% |
75% |
79% |
82% |
|
Debt service cover ratio |
-2.08x |
-0.49x |
0.48x |
1.32x |
1.28x |
1.55x |
1.29x |
1.52x |
1.94x |
2.79x |
|
Net debt to EBITDA |
n/a |
17.41x |
5.23x |
2.94x |
2.00x |
2.45x |
1.87x |
1.26x |
0.64x |
-0.05x |
|
Balance sheet check |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |