Group equity valuation

Analysis of group equity value
31 December 2017

  Market value per
planted hectare
(US$)
Market value
attributable to Group
(US$)
 Plantation GROUP    
  Kota Bangun 21,400 215,280
  Bumi Mas 13,700 97,235
  Bangka 21,900 118,980
  Musi Rawas 11,300 32,960
  Pangkatan Group 17,000 94,963
  Simpang Kiri 13,900 26,352
  Kerasaan 14,800 12,996
      598,766
       
  SMALLHOLDERS    
  Kota Bangun 6,500 28,025
  Bangka 5,100 17,784
  Musi Rawas 6,600 8,136
      53,945
       
 Property Bertam Estate n/a 36,170
  Bertam Properties n/a 54,612
      90,782
       
Net cash n/a 81,379
Other assets and liabilities n/a (12,445)
       
Total equity value   812,427
       
Equity value per share (£)   10.96