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%