Siyanda Agro-Processing — Appendices

Supporting appendices — the five-year financial-model summary, the glossary of terms and the sources and references underpinning the Siyanda Agro-Processing business plan and financial model.

Siyanda Agro-Processing Business PlanSection 14 › Appendices

Section 14 · Business Plan

Appendices

Supporting appendices — the five-year financial-model summary, the glossary of terms and the sources and references underpinning the Siyanda Agro-Processing business plan and financial model.

Appendix A — Five-Year Financial Model Summary

ZAR ‘000 Year 1 Year 2 Year 3 Year 4 Year 5
Revenue 643,000 1,252,000 1,995,000 2,707,000 3,362,000
EBITDA 95,610 271,340 508,425 755,310 997,804
EBIT 33,610 203,340 434,425 677,310 917,804
Net profit after tax -28,390 114,858 281,360 464,871 647,002
Operating cash flow -35,062 114,373 269,576 458,838 648,287
Closing cash 494,938 433,311 447,887 726,725 1,207,012
Total assets 1,265,463 1,362,411 1,613,012 2,028,450 2,613,362
Total equity 659,110 773,968 1,055,328 1,520,199 2,167,201

Table 36. Consolidated five-year financial model
summary.

Appendix B — Glossary of Terms

Term Definition
AfCFTA African Continental Free Trade Area
AGOA African Growth and Opportunity Act (US trade preference)
BRCGS Brand Reputation Compliance Global Standards (food safety)
CAGR Compound annual growth rate
EBITDA Earnings before interest, tax, depreciation and amortisation
GlobalG.A.P. Global good-agricultural-practice certification
HACCP Hazard analysis and critical control points
IDC Industrial Development Corporation of South Africa
ISO 22000 International food-safety management system standard
NPAT Net profit after tax
ROCE / ROE Return on capital employed / return on equity
SADC Southern African Development Community

Table 37. Glossary of key terms and
abbreviations.

Appendix C — Sources & References

Industry and market data cited in this Plan are drawn from the
following publicly available sources, accessed in 2025–2026:

  • Statistics South Africa — Q4 2025 GDP release (agriculture sector
    growth, GDP contribution).
  • Agricultural Business Chamber (Agbiz) — South African
    agricultural export reporting, 2025.
  • FreshPlaza — South African fresh-produce and agricultural export
    trade reporting, 2025–2026.
  • Mordor Intelligence — South Africa Agriculture and Fruits &
    Vegetables market reports, 2026.
  • Citrus Growers’ Association / Ecofin Agency — citrus export
    volume and value data, 2025.
  • USDA Foreign Agricultural Service — South Africa food-processing
    sector reporting.

End of business plan.

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 Siyanda Agro Processing & Exports (Pty) Ltd.