SA Premier Poultry Business Plan — Appendix B: Throughput, Yield and Cost Schedules
Detailed throughput, dressing yield and cost schedules underpinning the revenue build and contribution per bird.
Appendix B: Throughput, Yield and Cost Schedules
Jump to section
- Overview & contents
- i. Important Notice and Basis of Preparation
- 1. Executive Summary
- 2. Scale and Business Model
- 3. Registration, Food Safety and Compliance
- 4. Market and Customers
- 5. SWOT and Competitive Position
- 6. Operations
- 7. Financial Plan
- 8. Break-Even and Debt Service
- 9. Investment Analysis
- 10. Sensitivity and Scenario Analysis
- 11. Risk Analysis
- 12. Implementation Roadmap
- 13. Key Performance Indicators
- 14. Key Assumptions
- 15. Conclusion and Recommendation
- A. Appendix A: Consolidated Financial Summary
- B. Appendix B: Throughput, Yield and Cost Schedules
- C. Appendix C: Funding, Debt and Working Capital Schedules
- D. Appendix D: Risk Register
- E. Appendix E: Glossary
- B.1 Throughput and mix
- B.2 Price and cost path
- B.3 Unit economics per bird
- B.4 Scale comparison
- B.5 Break-even by year
B.1 Throughput and mix
|
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
|
|---|---|---|---|---|---|
|
Birds a day |
4 800 |
6 800 |
8 000 |
11 000 |
14 000 |
|
Trading days |
255 |
255 |
255 |
255 |
255 |
|
Birds a year |
1 224 000 |
1 734 000 |
2 040 000 |
2 805 000 |
3 570 000 |
|
Less dead on arrival and condemnations at 0.8% |
(9 792) |
(13 872) |
(16 320) |
(22 440) |
(28 560) |
|
Birds processed |
1 214 208 |
1 720 128 |
2 023 680 |
2 782 560 |
3 541 440 |
|
Own-account birds |
753 338 |
1 238 932 |
1 579 058 |
2 226 985 |
2 905 130 |
|
Contract slaughter birds |
461 399 |
481 636 |
445 209 |
556 510 |
637 457 |
|
Own-account share of throughput |
62.0% |
72.0% |
78.0% |
80.0% |
82.0% |
|
Dressed product, tonnes |
1 072 |
1 763 |
2 247 |
3 169 |
4 134 |
B.2 Price and cost path
|
Per unit |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
|---|---|---|---|---|---|
|
Blended dressed price, R/kg |
49.48 |
52.35 |
55.39 |
58.60 |
62.00 |
|
Live bird price, R/kg |
24.50 |
25.97 |
27.53 |
29.18 |
30.93 |
|
Contract slaughter fee, R a bird |
9.60 |
10.16 |
10.75 |
11.37 |
12.03 |
|
Blended contribution, R a bird |
12.72 |
14.34 |
15.32 |
15.64 |
15.96 |
|
Live purchases as a share of revenue |
60.2% |
62.0% |
62.9% |
63.3% |
63.7% |
B.3 Unit economics per bird
|
Per bird processed, own account |
Amount |
Note |
|---|---|---|
|
Dressed carcass revenue |
R70.41 |
1.423 kg at R49.48/kg |
|
By-product revenue |
R5.22 |
27.6% of contribution |
|
Total revenue per bird |
R75.63 |
|
|
Live bird purchase |
(R47.77) |
63.2% of revenue per bird |
|
Inbound transport and crating |
(R1.35) |
|
|
Processing cost |
(R7.65) |
|
|
Contribution per bird |
R18.88 |
25.0% of revenue |
|
Contribution without by-products |
R13.66 |
Break-even rises to 7 620 birds a day |
|
Contract slaughter contribution |
R2.68 |
Break-even on toll alone is 31 961 birds a day |
B.4 Scale comparison
|
Plant configuration |
Birds a day |
Capital |
Fixed cost per bird |
EBITDA at capacity |
Break-even a day |
|---|---|---|---|---|---|
|
Low throughput, under 2 000 a day |
1 950 |
R22m |
R18.04 |
(1 352 520) |
2 296 |
|
Small high throughput |
4 000 |
R46m |
R14.03 |
1 315 800 |
3 663 |
|
This plan, single shift |
8 000 |
R75m |
R9.70 |
11 464 800 |
5 065 |
|
This plan, double shift |
14 000 |
R89m |
R6.85 |
30 237 900 |
6 260 |
B.5 Break-even by year
|
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
|
|---|---|---|---|---|---|
|
Fixed cash costs, R |
19 623 884 |
20 703 197 |
21 841 873 |
28 503 398 |
30 071 085 |
|
Blended contribution per bird, R |
12.72 |
14.34 |
15.32 |
15.64 |
15.96 |
|
Break-even birds a year |
1 542 758 |
1 443 738 |
1 425 710 |
1 822 468 |
1 884 153 |
|
Break-even birds a day |
6 050 |
5 662 |
5 591 |
7 147 |
7 389 |
|
Planned birds a day |
4 800 |
6 800 |
8 000 |
11 000 |
14 000 |
|
Break-even as a share of plan |
126.0% |
83.3% |
69.9% |
65.0% |
52.8% |
|
Margin of safety |
-26.0% |
16.7% |
30.1% |
35.0% |
47.2% |