Eng - IOI Group

Operations Review
For the financial year under review, the Group’s estates produced a total of 3.295 million MT of FFB, about 3.2% lower than the previous year
mainly due to unfavourable weather conditions and shortage of workers.
The average FFB yield per matured hectare for FY2011 was also approximately 3% lower compared to previous financial year. With lower FFB
yield for FY2011 at 23.70 MT (FY2010 – 24.44 MT) per mature hectare and lower oil extraction rate of 20.88% (FY2010 - 21.53%), the average
CPO yield has decreased to 4.95 MT per mature hectare as compared to a yield of 5.25 MT per mature hectare for FY2010.
OIL YIELD PER MATURE HECTARE
%
6.20
6.00
5.80
5.60
5.40
5.20
5.00
4.80
2007 2008 2009 2010 2011
oil yIEld/HA
The Group’s best performing estate was Meliau Estate in Sabah which achieved a yield of 6.52 MT of CPO per hectare for FY2011.
In line with the lower overall CPO yield, the number of estates that managed to achieve oil yields of more than 6 MT per mature hectare has
decreased from 14 estates in FY2010 to 4 estates for the financial year under review. The trend over the last five years is as follows:
Estates that achieved more than 6 MT of CPO per hectare
NO. OF ESTATES
AREA (HECTARES)
FY2011 4 9,968
FY2010 14 27,020
FY2009 21 42,295
FY2008 47 89,021
FY2007 37 69,407
Roll of Honour
The following estates achieved more than 6.0 MT of CPO per hectare in FY2011.
ESTATE
MT/HECTARE
Meliau 6.52
Sagil 6.45
Luangmanis 6.26
Moynod 6.05
24 ioi corporation berhad • annual report 2011