Growing a sustainable plantation business

Transcription

1 Indonesia Growing a sustainable plantation business Statement of Capabilities

2 The Industry With some of the best land in the world for plantation crops, Indonesia remains a substantial global player in palm oil, rubber, and cocoa. Figures from The Indonesian Ministry of Agriculture (MOA) indicated that prime crops - coconut, palm oil, rubber, cocoa, coffee, tea, cashew nut, pepper, sugar, tobacco and cotton - contributed $12.3 billion to the value of the country s export in the first nine months of This was up 21.52% on the year before. The plantation sector has its challenges in balancing growth with the increasing environmental pressures and land title issues as with the forests and natural peat lands are converted to revenue generating activities. Nonetheless, with the volatile global demand for almost every plantation crops, the sector is seeing major players increasing their participation and new players entering the market. These are heady times for plantations looking to increase their longterm prospects. There will always be price and demand volatility in some plantation sectors at any one time. Together with you, we will look for the right responses to improve your longterm perfomance. With our large network of experts and many years of experience, we will work with you on the right path forward where future growth potential lies.

3 Our commitment to the plantation industry The plantation sectors are a priority for our firm evidenced by our commitment to provide specialist assistance across the spectrum of auditing, accounting, taxation and other professional services. Our Plantation focus is on multinational and national institutions that are facing the most complex business issues and the most challenging opportunities by combining a global mindset and local resources with positive action. Our offerings have been organised into three lines of service, each supported by highly qualified and experienced professionals who are leaders in their profession: assurance services tax services financial advisory services is part of the global network, drawing on the talents of more than people in over 150 countries. With over 35 years of experience in Indonesia, our Indonesian firm has grown to over 1000 professional staff, including more than 30 Indonesian national partners and expatriate technical advisors. We bring together international and local knowledge, skills and experience.

4 Our plantation credentials speak for themselves The PricewaterhouseCoopers Plantation Industry Network assists, advises and audits many leading international and local Plantation businesses including : Asiatic Development Bhd Agro Hope Sdn. Bhd Astra Agro Lestari Tbk Felda Plantations Sdn Bhdalm Industries Genting Sanyen Glenealy Plantations. Bhd Mados Enterprise Sdn Bhd Minamas Plantation Nedcoffee PP London Sumatra Indonesia Tbk Sime Plantations Unico - Desa Plantations Victorian Plantations Corporation YPJ Oil Palm Estate Sdn Bhd We are committed to providing the highest quality professional services to every client we serve. Annual technical update, training and improved methodologies are just a few of the ways to ensure that quality is embedded into every service we provide.

5 Leading advisor to the plantation industry PricewaterhouseCoopers global network (PwC) provides industry-focused services for public and private clients in order to build public trust and enhance value through the application of what we call Connected Thinking. See one of the areas below to discover the benefits we can bring to you whatever the size of your organization: Transactional Work PwC is well known in the marketplace for our knowledge and experience in all types of financial transactions: Mergers and acquisitions - We focus on the deal continuum from strategy through execution to post deal integration, including financial and operational due diligence, accessing the capital markets and valuing, negotiating and structuring deals. Strategic and valuation advice We provide independent expert valuation advice for your business; we evaluate the financial implications for example, of corporate debt, restructuring, investments, mergers and joint-ventures; we advise on better managing assets and large capital investments amidst increased competition, or in times of uncertainty; we evaluate technical, operational, market and financial risks. Growth or divestments and developing exit strategies Our specialists help you complete and extract the maximum value from your transactions Our services include: Corporate finance Mergers & acquisitions advisory (buy & sell) Advice on fundraising Project finance Private equity advisory Public company advisory Privatization advice Transactions services Financial due diligence Bid support and bid defense services Commercial and market due diligence Post deal services Structuring services Valuation & strategy Valuation consulting Tax valuations Economics Independent expert opinions Accounting valuations Modelling and business planning

6 Performance Improvement Organizations engage our performance improvement consultants to help design, manage and execute lasting change. We draw on skills in operations, people, technology, finance and risk management to advise and implement locally and globally. We also help your people to build the knowledge necessary to make change effective and sustainable. In particular we can help you: Ensure you are getting value from the right deals Realise the intended benefits of outsourcing Translate strategy into sustainable performance Derive benefit from risk management and compliance spend Capitalise on the convergence of technologies Drive and manage growth Diagnostic Review Our services include: IT effectiveness Business and structure simplification KPI development Benchmarking Financial systems Budgeting and Projection Cost reduction Governance, Risk and Compliance Dispute analysis & investigation Business Recovery Services Tax strategy development Our mission to provide creative solutions and ideas that increase value to clients during critical periods and when they are making important decisions that define their futures Plantation, CPO & Biofuel Leadership August

7 Compliance For all organizations engaged in activities that come under the control of a regulator, PwC provides support, advice, and assurance to help you manage your regulatory risks. In an ever-changing regulatory environment, we help ensure that you identify, manage, and control any existing and future regulatory risks. A proactive rather than a monitoring approach to regulation is now a full time strategic necessity. Our compliance services include: Statutory financial statements audit Regulatory compliance & reporting SOX compliance ( preparation, putting in place, testing) IFRS Reporting Assistance on capital market transactions Tax diagnostic Standard procedures Preparation of tax return Review of tax return Transfer pricing Internal Audit (Internal controls, standard operating procedures) Forensic review Corporate reporting improvement Financial accounting Independent controls & systems process assurance Sustainability reporting At PricewaterhouseCoopers, we apply experience, international industry best practices and a wealth of specialised resources to help respond to both local and global business issues.

8 For further information on how can assist you, please contact one of the following specialists based in our Jakarta office : Jl. H.R. Rasuna Said Kav. X-7 No.6 Jakarta INDONESIA Tel : , Fax: / Consumer Industrial Product Services Leader Eddy Rintis eddy.rintis@id.pwc.com Assurance Services Tax Services Advisory Services Haryanto Sahari haryanto.sahari@id.pwc.com Ay Tjhing Phan ay.tjhing.phan@id.pwc.com Mirza Diran mirza.diran@id.pwc.com Andry D Atmadja andry.atmadja@id.pwc.com Ali Widodo ali.widodo@id.pwc.com Rizal Satar rizal.satar@id.pwc.com Craig Ross c.ross@id.pwc.com Antonius Sanyojaya antonius.sanyojaya@id.pwc.com Triono Soedirdjo triono.soedirdjo@id.pwc.com Buntoro Rianto buntoro.rianto@id.pwc.com Investment Services Laksmi Djuwita laksmi.djuwita@id.pwc.com Thought Leadership PricewaterhouseCoopers publishes national research, as well as strategically industry-focused publications for public and private clients. A recent sample of such publications : Doing Business and Investing in Indonesia Guide Business Advantage Indonesia Tax Flash on Indonesia tax development Indonesian Pocket Tax Book Similarities and Differences, A comparison of IFRS, Indonesian GAAP and US GAAP PT Indonesia and Subsidiaries - Illustrative Consolidated Financial Statements All of these publications are available on the web at DISCLAIMER: This publication has been prepared for general guidance on matters of interest only, and does not constitute professional advice. You should not act upon the information contained in this publication without obtaning specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this publication, and, to the extent permitted by law, KAP Haryanto Sahari & Rekan, PT Prima Wahana Caraka or PT PricewaterhouseCoopers FAS, as appropriate (PricewaterhouseCoopers), its members, employees and agents accept no liability, and disclaim all responsibility, for the consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it PricewaterhouseCoopers. All rights reserved. PricewaterhouseCoopers refers to the network of member firms of PricewaterhouseCoopers International Limited, each of which is a separate and independent legal entity.