SANDI Project Summary

7/27/2019 SANDI Project Summary

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Company name Sandi Tropical Fruit Processing Company LTD.

Contact Person (Didier SANON)Title General Manager

Address Bobo Dioulasso (Burkina Faso)

Telephone 09 1952 4946 (temporarily in Taiwan)

Faxe-mail [email protected]

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1.2 Proposed capacity

The proposed fruit Processing Unit has a maximum capacity of

processing 1 tons of fruit per hour. In the following table is summarized the

production capacity trend for the first five-year.

Five years estimates of the capacity of production

Designation 2007 2008 2009 20010 2011

Capacity of production ofjuice (L)

728 000 728 000 728 000 728 000 728 000

Capacity of production ofjam (Kg)

234 000 234 000 234 000 234 000 234 000

2 HUMAN RESOURCE REQUIREMENTS

The proposed Seed Processing Unit requires the following human resources/staff:

Positions Required Salary per Month

(US $)

Salary per Annum

(US $)

Chief executive officer 1 272.73 3,272.76

Accountant 1 154.55 1,854.60

Marketing Manager 1 163.64 1,963.24

Sales Officer 3 127.27 4,581.72

Plant Manager 1 145.45 1,745.40

Plant Operator 5 63.64 3,818.40

Store Keeper 1 127.27 1,527.24

Auxiliary (Peon/Office Boy) 1 63.64 763.68

Security Guard 2 45.45 1,090.80

Laboratory Technician 2 145.45 3,490.80

Total 18 2,009.09 24,109.04

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3 MACHINERY & EQUIPMENT DETAILS

The type of equipment needed for the fruit Processing Unit is as follow:

N0 Equipment Item/Capacity Qty Cost($ US)

1 Rotary washer GHJ-01/1000 Kg/H 1 8,0002 Washing tank elevator GHJ-01/1000 Kg/H 1 1,500

3 Trimming table GHC-06 1 4,500

4 Crusher GHJ-03/1000 Kg/H 1 3,600

5 Pulper-Finisher GHJ-06 /1000 kg/H 1 11,000

6 Extractor GHJ-07/ 600 Kg/H 1 11,800

7 Raw juice tank 1000 L 1 1,500

8 Mixing tank 1000 L 3 sets 13,000

9 Centrifugal separator GHJ-08/3HP 1 4,800

10 Homogenizer GHJ-09 / 1000L/10 HP

1 12,000

11 Jacketed steam kettle GHC-19/ 2 HP 2 sets 11,000

12 Tubular Type Flash Pasteurizer GHJ-10 (1000L/H) 1 11,500

13 Stainless steel pump 2HP 4 sets 5,200

14 Sanitary pipes, fitting and valves 38 mm 1 9,000

15 Automatic Bottle Rinser Filer andCapper(*)

GHB-06 37,500

16 Semi-automatic seamer GHC-11 / 20-30cans/Min

7,500

17 Semi-automatic empty can washer 3,00018 Horizontal retort & Pressure cooler GHC-13 / 320 cans 1 12,500

19 Automatic packing making machine(*)

GP-254/402/001T 3 sets 11,812

20 Automatic Label Making Machine GHC-21 1 25,000

Jet coder GHM-03 1 8,400

Total 214,112 Mentions with the mark (*) are products from

(SHANGHAI JINBU MACHINERY SCLTECH DEVELOPMENT Co.,Ltd)

ADD: No171 linsheng Road Tinglin town Jinshan District Shanghai China PC: 201505TEL: 0086-21-67232721 FAX: 0086-21-67232721

All the other machines are from (GEO HON ENTERPRISESCO., LTD)

NO.9, 7 TH TAY YII ST., RENDE TOWNSHIP, TAINAN HSIEN, TAIWAN

TEL: 886-6-2492325 FAX: 886-6-2492324

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The choice of the two companies stems from the accurate screening and

analysis of the offers made by several companies suppliers of fruit

processing machinery and equipments. GEO HON ENTERPRISES CO.,

LTDand SHANGHAI JINBU MACHINERY SCLTECHDEVELOPMENT co., Ltd. appear as the best choice regarding the

combination of the price-quality of their products. These two factors are

considered fundamental for the completion of this project. Accordingly,

further decisions related to the purchase of machines or equipment will be

discussed with the said companies.

Hereby, I, Didier SANON, agree to keep all confidentiality of the prices

of the machines and equipments from

GEO HON ENTERPRISES CO., LTD and SHANGHAI JINBU

MACHINERY SCLTECH DEVELOPMENT co.,Ltd.I guaranty not to use the following informations for any other

purpose than only the analysis of the offers for making further decisions

concerning this project, directly with the concerning companies. The

respect of the confidentiality is valid for the investors as well.

4 INFRASTRUCTURE REQUIREMENTS

Infrastructure requirements Cost ($ US)

Production hall including quality control laboratory 11,200

Office 3,000Storeroom 6,500

Boundary wall with gate 3,500

Land acquisition for fruit production 2,000

Total 26,200

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5. PROJECT ECONOMICS

5.1 Project cost

The cost of the project will be as follow

Head Amount (US $)

Fixed cost 1,818.18

Land & building 26,200

Machinery 214,112

Furniture & Fixture 918.18

Computer & Accessories 2,500

Vehicles 18,500

Working capital 44,532.95

Total capital cost 308,581

5.2. Project Return

The payback period (years) of the project is estimated for five years

from the beginning of the activities of the company. The company is totally

opened to further discussions with the funding institute about the other

conditions related to the fund return.

Determination of the working capital (US $)

2007 2008 2009 2010 2011

Sales revenues 570,395.4

5

649,235.4

5

777,848.1

8

926,370.0

0

1,074,891.8

2

Working Capital

Fund (WCF) 44,532.95 108,205.9

1

129,641.3

6

154,395.0

0

179,148.64

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Fluctuation of

the WCF

47,532.95 60,672.95 21,435.45 24,753.64 24,753.64

5.3. Project status/TimelineIdeal time frame for the project is as follow:

2006 2007

1Se

pOct Nov Dec Jan Feb Mar Apr May Jun

2Approval application

procedures

3 Fund raising

4Construction of the

processing plant

5 Purchasing of equipments

6Installation of equipments;training of the staff

Beginning of the activities

6 FINANCIAL ANALYSIS

Financing of investments

Employment Amount % Resources Amount %

Fixed assets 34,455.41 42,02 Social capital 1,818.18 2,22

Working capital 47,532.95 57,98 Associated loan 22,778.33 27,78

Bank loan 57,391.86 70,0Total 81,988.36 100 Total 81,988.37 100

Fixed charge in the code of imposts for five years (US $)

2007 2 008 2009 2 010 2011

Sales revenues TTC 570,395.45 649,235.45 777,848.18 926,370.00 1,074,891.82

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Fixed charge 1,036.36 1,130.91 1,281.82 1,458.18 900 000

6.1. Operating account and treasury plan

2007 2008 2009 2010 2011

Total Sales revenues 570,395.45 649,235.4

5

777,848.1

8

926,370.0

0

1,074,891.8

2

Raw materials &

intermediate

products

175,.027.7

3

203,742.9

5

237,601.5

1

277,573.5

7

324,817.53

Profit margin 395,367.73 445,492.5

0

540,246.6

7

648,796.4

3

750,074.29

External services 6,266.46 6,565.10 6,884.55 7,213.80 7,565.51

Imposts & Taxes 1,817.18 2,398.44 2,563.84 2,749.93 2,942.89

Value-added 387,284.08 436,528.9

5

530,798.2

8

638,832.7

0

739,565.89

Labor cost 21,006.55 35,121.23 35,541.36 35,823.65 36,252.19

EBITDA 366,277.54 401,407.7

2

495,256.9

2

603,009.0

4

703,313.70

Financial interest 6,667.54 5,470.90 4,150.03 2,692.04 1,082.69Depreciation cost 5,749.78 5,749.78 5,749.78 5,143.72 5,143.72

Result of ordinary

activities

353,860.21 390,187.0

4

485,357.1

1

595,173.2

9

6,970.872.9

5

Income tax (35%) 123,85.07 136,565.4 169,874.9 208,310.6 453,106.74

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Net income 230,009.14 253,621.5

8

315,482.1

2

386,862.6

3

453,106.74

Cash flow 235,758.92 259,371.3

6

321,231.9

0

392,006.3

5

458,250.46

Amounts are expressed in $ US

EBITDA: Earning before interests, taxes, depreciation and amortization

The company will achieve a beneficial interest throughout all the

period of activity. The interest will increase from 357,272.73 $ US in 2007

to 701,090.91 $ US during the last fiscal year. This result shows a

continuous growth. In addition, the operating of the activity will generate a

self-financing capacity of about 361,818.18 and 705,272.73 $ US from 2007

to 2011.

Treasury plan for five years (US $)

2007 2008 2009 2010 2011

Sales revenues (ATI) 673,066.6

3

649,235.4

5

777,848.1

8

926,370.0

0

1,074,891.8

2

Capital 1,818.18 - - - -

Associate loan 22,778.33 - - - -

Bank loan 57,391.86 - - - -

Total capital inflow 755,055.0

1

649,235.4

5

777,848.1

8

926,370.0

0

1,074,891.8

2

General charges 202,300.7 245,429.2 280,027.4 320,611.0 368,635.22

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Refundable TVA 36,414.13 44,177.27 50,404.94 57,709.98 66,354.34

Purchasing of

equipments

214,112 - - - -

Profits tax 0 0 0 0 0

TVA 66,257.05 54,858.66 68,249.87 83,600.69 97,612.21

Associate refunding 4,555.67 4,555.67 4,555.67 4,555.67 4,555.67

Refunding 16,328.36 16,328.36 16,328.36 16,328.36 16,328.36

Total outflow 539,967.9

5

365,349.2

3

419,566.2

6

482,805.7

3

539,840.69

ATI: all taxes included

6.2. Projected Income Statement

Summarization of the budget from 2007 to 2011 (US $)

2007 2008 2009 2010 2011

Treasury at

beginning of

year

0 394,743.6

5

678,629.87 1,036,911.7

9

1,480,476.0

7

Inflow 755,055.0

1

649,235.2

4

777,848.18 926,370.37 1,074,891.8

2

Outflow 360,311.3

6

365,349.2

3

419,566.26 482,805.73 539,840.69

Treasury at end

of year

394,743.6

5

678,629.8

7

1,036,911.7

9

1,480,476.0

7

2,015,527.1

9

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6.4. Projected Balance Sheet

Balance of cash flow (US $)

Cash inflow Cash outflow Cash balance

Purchasing of equipments 214,112 - 214,112

Exportation 57,039.55 57,039.55

Total 57,039.55 214,112 157,072.45

Tax differential in common & Agreement systems (US $)

Agreement system Common law system Loss recorded by

the government

Investments 2,991.78 9,389.05 6,397.27

Imposts & Taxes 0 12,472.29 12,472.29

Business profit tax 0 882,582.73 882,582.73

Total 2,991.78 904,444.07 901,452.29

The different rates applied for the calculation of customs taxes are as

follow:

In agreement system: 7.5%

In common law system: 26.85%; 32.75 % and 44.55 %

Distribution of the value-added from 2007 to 2011 (US $)

2007 2008 2009 2010 2011 Total

Household 21,006.55 85,934.10 88,081.31 87,652.78 88,081.31 369,028.97

Company 362,111.0

3

348,083.5

2

443,283.5

0

551,513.9

2

653,455.8

3

2,358,447.8

0

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Bank 5,983.69 4,909.78 3,724.39 2,415.93 971.64 18,005.44

Government 0 0 0 0 0 0

Total 389,101.2

6

438,927.4

0

533,362.1

2

641,582.6

3

742,508.7

9

2,745,482.2

0

(VA/SR)% 57.81 67.61 68.57 69.26 69.08 66.94

VA: value added

SR: sales revenue

7 GENERAL CONCLUSION & PERSPECTIVES

This study reveals positive economic results for SANDI TROPICAL

FRUIT PROCESSING COMPANY LTD. It shows the followings:

A total added-value more than 2,727,272.73 US $ during the five

years of study if the company operates in a agreement system

A creation of 18 employments at the beginning and 22 in 2011

A continuous growth of profit, throughout all the period of study.

In addition, the activities of SANDI ENTERPRISE CO., LTD. will

contribute significantly to reduce the poverty of populations in BURKINA

FASO, especially farmers. This project also aims to help the country to

reduce its dependency from the bordering countries, by promoting the high

potentiality of the fruit farm field.

The project intend to have further cooperation with Taiwanese companies

suppliers of processing machines and equipments, raw material, juices

concentrate or any other ingredients involved in fruit juice processing.

Equipment Specification No Total NT $

Preparatory Equipment

Fruit & VegetableWasher

1

Screen Washer 1

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Brush Washer 1

Continuous RootVegetable Peelers

1

Batch Type Peelers 1

Screw Type Peelers 1Trolley & Trays 1

Fruit Processing Equipment

Pulpers / De-stoner Coarse Pulper 1

Fine Pulper 1

Fruit Mills Fruit Crusher / Chopper 1

Hot Brake & De-aeration System 1

Blanchers / ExhaustersScrew Type Blancher 1

Conveyor Type Blancher 1

Bucket Type Blancher 1

Extractors Screw Type Juice Extractors 1

Hydraulic Press 1

Evaporating SystemsForced Circulation Evaporators 1

Falling Film Evaporators 1

Thin Film Evaporators 1

Evaporator PansVacuum Pan 450 Liter Capacity 1

Vacuum Pan 750 Liter Capacity 1

Vacuum Pan 1000 Liter Capacity 1

Pre-heaters

Screw Type Pre-heater (Direct

Injection Type)

1

Screw Type Preheater (IndirectHeating)

1

Blenders

Ribbon Screw Blenders 1

Ribbon Screw Blenders withheating Arrangement

Double Cone blender 1

Dehydration Equipment

Band Conveyor Dryer 1

Shielded Drier 1Bin Drier 1

Pasteurizer / HeatExchanger

Rotary Scrape surface Pasteurizer 1

Plate Heat Exchanger 1

Shell & Tube Heat Exchanger 1

Tanks & Kettles

Holding Tanks (Round Shell 1

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Tanks /Conical Bottom)

Standardization / Blending Tank 1

Balance Tank 1

Kettles

Steam jacketed kettle (Tilting Type) 1

Steam jacketed Kettle (Fixed Type) 1Fixed Type Kettle with Stirrer 1

Tilting Type Kettle with Tiltingtype Pan

1

Conveying Equipment

Inspection ConveyorsThree way Inspection Conveyorwith Waste Chutes

1

Three Way Inspection Conveyor 1

Three Tier Inspection Conveyor 1

Roller ConveyorsSS Roller Conveyor 1

MS Roller Conveyor 1

PVC Roller Conveyor 1

ConveyorsPlain Belt Conveyor 1

Trough Type Belt Conveyor 1

Slat Type Conveyor 1

Wiremesh Belt Conveyor 1

TrolleysMS / SS Plain Top Trolleys 1

MS / SS Drum Handling Trolleys 1

MS / SS Crate Handling Trolleys 1

Filling, Seaming, Sealing, Capping Equipment

Rotary pump

Filler with Conveyor Track &Carriers

1

Omega Type Filler 1

S Type Filler with Feed Screw 1

Piston filler

Rotary Piston Filler 1

Inline Piston Filler 1

Bag filling machine 1

Vacuum Filling Machine 1

Wiremesh Feed / DischargeConveyors

1

Sterilization equipment

Empty Can Washer / Sterilizer 1

Horizontal Retort 1

Trolleys for Horizontal Retorts 1

Cooling tunnel 1

Empty bottle depalletizer 1

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Glass bottle rinser filler capper 1

Tunnel pasteurizing &cooling/warming

1

Packaging equipment

Automatic shrinkable label

inserting machine

1

Wrap around packaging machine 1

Automatic weight inspectionmachine

1

Low level palletizer machine 1

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SANDI Project Summary

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