Post on 02-Jan-2016
description
GREEN HILLS PLANTATION Pte. Ltd.
Faculty of Forestry,Universiti Putra Malaysia,
43400 Serdang, Selangor Darul Ehsan.Email: greenhill_plantation@yahoo.comContact No.: 013-9989548/013-9889548
Background
• Established on February 2003.• Managed rubber tree plantation for timber as
main product and latex as side product.• Produced certified rubber timber and latex with
the high quality to achieve the vision and mission.• Gives opportunity to the local people to generate
income from the company’s marketing strategies which is seen to be a good way to improve their economy.
Vision
•To be a company that is well-known and respected in the plantation and rubber wood industry with the high quality products.
Mission
•To provide an alternative source of timber in the means of reducing the dependency on natural forest resources.
Objectives
•Developing and helping the economy of local community.• Reducing the use of natural forest
resources.•Maximizing the profit and minimizing the
loss.
Logo
Motto
“Built The Future“
• To build the better future by conserve more nature area by decreasing the uses of nature wood resources by providing the high quality of rubber wood.• Generate economy for the local community and
increasing income for country by becoming the main rubber wood and rubber supplier for the world.
Organizational chart
Balance sheetsGreen Hills Plantation Balance Sheets
As At 31 December 2013
December,31
2013 2012 Assets
Current assets Cash and cash equivalent 456,910 196,265
Inventories 203,502 271,402 Trade and other receivable 74,731 69,851 Total current assets 735,143 537,518 Fixed assets
Land 293,000 162,000 Plant 362,101 304,410 Furniture 42,426 31,295 Machine and equipment 98,800 104,303 Total fixed assets 796,327 602,008 Less: Accumulated depreciation 30,970 20,984
765,357 581,024
Total assets 1,500,500 1,118,542
Con.. Liabilities and Owner's Equity Current liabilities
Accounts payable 49,903 21,596 Accruals 180,000 167,000 Income taxes payable 91,544 77,343 Total current liabilities 321,447 265,939
Non-current liabilities Long-term debt 72,579 70,232
Total liabilities 394,026 336,171
Owner's Equity Capital share 500,000 500,000
Retained earnings 400,427 110,371 Common stock 206,047 172,000
Total owner's equity 1,106,474 782,371 Total liabilities and owner's equity 1,500,500 1,118,542
Income statementsGreen Hills Plantation Income Statements
For The Financial Year Ended 31 December 2013 (RM)
2013 2012
Sales Revenue 906,415 576,578 Less: Cost of sales -425,686 -359,350
Gross profits 480,729 217,228 Other income 13,743 10,426 Less: Operating expenses
Selling and distribution expenses -43,770 -32,095 Administrative expenses -30,063 -22,420 Other operating expenses -18,133 -9,539
Profit from operations 402,506 163,600 Share of results in associates 3,052 1,825
EBIT 405,558 165,425 Interest -12,201 -7,387 EBT 393,357 158,038 Taxation -63,034 -47,207 Net profits 330,323 110,831
Retained earnings
Green Hills Plantation Statement of Retained Earnings (RM) for The Year Ended December 31, 2013
Retained earnings balance (January 1, 2013)
110,371 Plus: Net profits after taxes (2013)
330,323
Less: Cash dividends Bonds 15,292
Commonstock 24,975 Total dividends paid
40,267
Retained earnings balance (December 31, 2013) 400,427
Cash flowsGreen Hills Plantation Statement of Cash Flows (RM)
for the Year Ended December 31, 2013
Cash Flow From Operating Activities Net profit after taxes 219,492
Depreciation 9,986 Increase in Account Receivable -4,880 Decrease in Inventories 67,900 Increase in Account Payable 28,307 Increase in Accruals 13,000 Cash provided by operating activities
333,805
Cash Flow From Investment Activities Increase in gross fixed assets -194,319
Change in business interest 0 Cash provided by investment activities
-194,319
Cash Flow From Financing Activities Dividends Paid -52,468
Cash provided by financing activities
-52,468
Net increase in cash and market securities
87,018
Liquidity ratios
Current ratio
Con..
Acid-test ratio
Efficiency ratios
Average collection period
Con..
Inventory turnover ratio
Con..
Fixed asset turnover ratio
Con..
Total asset turnover ratio
Leverage ratios
Debt ratio
Con..
Times interest earned ratio
Profitability ratios
Operating profit margin
Con..
Net profit margin
Con..
Operating income return on investment
Con..
Return on assets
Con..
Return on equity
DuPont system
2013
Net profit margin • 36.44%
Total asset turnover ratio
• 0.6 times
Return on assets • 21.9%
1 – Debt ratio • 0.74
Return on equity
• 29.6%
2012
Net profit margin • 19.22%
Total asset turnover ratio
• 0.52 times
Return on assets • 10%
1 – Debt ratio • 0.7
Return on equity
• 14.3%