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AUDITED CONDENSED CONSOLIDATED FINANCIAL ... - AFGRI

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Maize price influences<br />

3100<br />

2900<br />

High maize price positive for:<br />

• Retail & Equipment<br />

R / ton<br />

2700<br />

2500<br />

2300<br />

2100<br />

1900<br />

Low maize price positive for:<br />

• Animal Feeds<br />

• Poultry<br />

• Nedan and<br />

• Milling<br />

• Grain<br />

Management<br />

(can also be<br />

influenced by<br />

crop size,<br />

timing of crop /<br />

harvest and<br />

exports)<br />

Business in<br />

balance for<br />

<strong>AFGRI</strong><br />

1700<br />

1500<br />

1300<br />

High maize price negative for:<br />

• Animal Feeds<br />

• Poultry<br />

• Nedan and<br />

• Milling<br />

1100<br />

900<br />

Low maize price is negative for:<br />

• Retail & Equipment<br />

• Financial Services (possible defaults)<br />

2007/11/02<br />

2008/05/02<br />

2008/11/02<br />

2009/05/02<br />

2009/11/02<br />

2010/05/02<br />

2010/11/02<br />

2011/05/02<br />

2011/11/02<br />

2012/05/02<br />

WMAZ<br />

YMAZ<br />

51<br />

5<br />

Questions and answers<br />

page 41<br />

Audited condensed consolidated financial results for the year ended 30 June 2012 and cash dividend declaration

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