Group equity valuation

Analysis of group equity value
31 December 2016

  Market value per
planted hectare
(US$)
Market value
attributable to Group
(US$)
 Plantation GROUP    
  North Sumatra 15,600 86,792
  Simpang Kiri 12,200 23,240
  Bangka 18,000 92,947
  Kota Bangun 21,200 210,738
  Musi Rawas 14,900 22,320
  Agro Muko 13,100 99,769
  Kerasaan 14,800 12,996
      548,802
       
  SMALLHOLDERS    
  Bangka 4,400 14,346
  Kota Bangun 5,300 22,486
  Musi Rawas 10,500 6,584
      43,416
       
 Property Bertam Estate n/a 33,690
  Bertam Properties n/a 44,257
      77,947
       
Net cash n/a 75,338
Other assets and liabilities n/a 14,639
       
Total equity value   760,142
       
Equity value per share (£)   11.00