AUDITED CONDENSED CONSOLIDATED FINANCIAL ... - AFGRI
AUDITED CONDENSED CONSOLIDATED FINANCIAL ... - AFGRI
AUDITED CONDENSED CONSOLIDATED FINANCIAL ... - AFGRI
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Grain Management<br />
• Improved silo volumes - 861 000 higher than 30 June 2011<br />
• 73% of crop received by 30 June 2012<br />
• Exports continued during the six months<br />
• Plantings – <strong>AFGRI</strong> operating area<br />
• Total production estimate 14% increase to 3.3m tons (2011: 2.9m tons)<br />
• Total national crop estimate – 11.2m tons<br />
• Successfully continue to expand Collateral Management International<br />
footprint (operating in seven African countries and managing 1.7m tons)<br />
15<br />
<strong>AFGRI</strong> closing silo stocks (‘000)<br />
3 000 000<br />
Grain Management: Silo volumes 2003 to 2012<br />
2 500 000<br />
2 000 000<br />
Tons<br />
1 500 000<br />
1 000 000<br />
500 000<br />
-<br />
Jul-03<br />
Oct-03<br />
Jan-04<br />
Apr-04<br />
Jul-04<br />
Oct-04<br />
Jan-05<br />
Apr-05<br />
Jul-05<br />
Oct-05<br />
Jan-06<br />
Apr-06<br />
Jul-06<br />
Oct-06<br />
Jan-07<br />
Apr-07<br />
Jul-07<br />
Oct-07<br />
Jan-08<br />
Apr-08<br />
Jul-08<br />
Oct-08<br />
Jan-09<br />
Apr-09<br />
Jul-09<br />
Oct-09<br />
Jan-10<br />
Apr-10<br />
Jul-10<br />
Oct-10<br />
Jan-11<br />
Apr-11<br />
Jul-11<br />
Oct-11<br />
Jan-12<br />
Apr-12<br />
Source: <strong>AFGRI</strong><br />
16<br />
page 23<br />
Audited condensed consolidated financial results for the year ended 30 June 2012 and cash dividend declaration