Annual Report

ASTARTA HOLDING N.V. Annual Report 2011Around 31 thousand tonnes of raw cane sugar has been processed and 30 thousand tonnesof high-quality white sugar was produced. Daily processing capacity of raw cane sugar wasmore than 700 tonnes.Average level of sugar extraction ratio from sugar beet in the Group's plants was 14.5%(12.7% - in 2010) which is significantly higher than Ukrainian average. Narkevychi sugarplant provided the highest sugar yield among the Group's plants - 14.9%.Figure 10. Sugar conversion ratios, %Source: Ukrtsukor, management estimatesFollowing implementation of Energy efficiency program, average level of natural gasconsumption for processing of one tonne of sugar beet at covered Group's plants decreasedby 10% y-o-y to c. 30 cubic meters. This level is almost 40% lower than the averageUkrainian benchmark and provides ASTARTA with important competitive advantage.Figure 11. Natural gas consumption, cubic meter per tonne of beet processedSource: Ukrtsukor, management estimatesAt the national level, a 5% y-o-y increase in beet plantations, mainly thanks to profit-seekingfarmers, combined with good weather conditions boosted beet harvest by 36% y-o-y to 18,712