АPK-INVEST has summarized the operating results for 2012.
According to the operating results of 2012 АPK-INVEST showed substantial increase of all performance and economic indices within the implementation framework of the largest innovation project in Agro-Industrial sector of Ukraine.
Market indices
АPK-INVEST has occupied 15% of the commercial pig production market in 2012. 26,6 thousand tons of chilled meat were produced, that is by 57% more than in 2011.
Comparative dynamics of commercial pig production in Ukraine (according to data of State Statistic Service of Ukraine), ths. tons
Finished meat sausage products production was increased by 40% and amounted to 4 ths. tons in 2012.
Production dynamics of finished meat sausage of PJSC АPK-INVEST, ths. tons
Brand retail development of «Miasna Vesna» in 2012 was assigned to increase the number of stores in the cities where it operates. For 31.12.2012 brand chain included 91 stores (for 31.12.2011 – 66) in Kiev, Zaporizhia, Kharkov, Donetsk and Donetsk Region, Luhansk and Luhansk Region. Besides brand retail, production of Company is presented in supermarkets of Ukrainian Leading retailers - АTB, Auchan, Аmstor, Brusnichka, Мetro, Silpo and others.
Export of products was increased by 1,3 ths. tons (plus 95%).
Financial result
Sales net income of АPK-INVEST in 2012 amounted to UAH 818 millions, having defined a positive dynamics in growth – plus 59%.
Net profit of АPK-INVEST in 2012 amounted to UAH 89 millions, that exceeded the same index in 2011 by four times.
The company’s asset value increase in 2012 amounted to 31% in comparison with the same period of 2011 (at the same time asset value amounted to UAH 2 791 millions).
| Index | Period | |
| 2011 | 2012 | |
| Net income UAH, mln. | 515 | 818* |
| Net profit UAH, mln. | 22 | 89* |
| Closing assets UAH, mln (incl.) | 2 126 | 2 791 |
* for pre-2012
Production
The Company showed itself to be a serious player of state seed market in 2012. Seed plant with efficiency in 200 tons of seed material per day was put into the operation (CIMBRIA Project (Denmark)), that allowed to provide fundamental production processes according to ЕU standards. Area of seed plots amounted to: winter wheat - by 2,2 ths. ha (increased twice), spring barley - 600 ha (that amounted to 9% out of basic land bank). In December the Company has become a member of Association «Ukrainian seed company».
Yields of grain crop amounted to: wheat - 24 dt/ha, sunflower – 19,4 dt/ha, barley – 28 dt/ha. Total yield of grain crops amounted to 36,2 ths. tons, including 9,1 ths. tons out of seed plots.
Mixed feed production was increased by 45% and achieved 126 ths. tons. Mixed feed plant production is completely intended for own cattle number feeding.
Livestock farms have been put in full production in Ulyanovka village (Krasnoarmeisk district of Donetsk region) in 2012. Cattle number for 31.12.2012 amounted to 216,5 ths. heads at single maintenance (incl. suckling pig), that is by 41% more than in 2011 (as a result, it was achieved 400 ths. heads per year). Breeding stock has been increased by 28%, up to 20,1 ths. heads.
For twelve months of 2012 339,8 ths. pig heads were passed for slaughter, that is by 47,5% more than in 2011.
| Index | Period | Gain | Gain (%) | |
| 2011 | 2012 | |||
| Total yield of grain crops and other agricultural crops, ths. tons | 26,0 | 36,2 | 10,2 | 39% |
| Mixed feed production, ths. tons | 86,8 | 126,0 | 39,2 | 45% |
| Livestock of herd in feeder rooms at the year-end, ths. heads | 130,8 | 185,2 | 54,4 | 41% |
| Slaughter, ths. heads | 230,4 | 339,8 | 109,4 | 48% |
| Products produced in total, ths. heads | 19,8 | 30,7 | 10,9 | 55% |
| Among them: | ||||
| production of finished meat sausage products, ths. tons | 2,9 | 4,1 | 1,2 | 41% |
Investments
In 2012 total volume of investments amounted to UAH 526.8 millions (including investments in productive assets, seed growing, meat processing, transport and warehouse logistics, retail).
Volume of investments into plant growing made UAH 42.4 millions (of which UAH 18.7 millions - seed growing). Land bank was increased by 60% - up to 32 ths. ha per year (2011 - 20 ths. ha).
In 2012 the investments into mixed feed production, including the elevator group, amounted to UAH 25.2 millions.
In 2012 volume of investments into stock breeding made UAH 377.4 millions.
In 2012 the investments into meat processing amounted to UAH 47.2 millions. A new warehouse for finished products was brought into service - the volume of plots was increased by 3.2 times; a half carcass boning line was upgraded - a performance indicator was increased by the nominal value of 220 half carcasses per hour.
In 2012 the investments into its own retail market development amounted to UAH 16 millions.
| Index | Period | |
| 2011 | 2012 | |
| Investments, UAH mln. inc. VAT (incl.) | 487,1 | 526,8 |
| - Plant growing | 31,2 | 42,4 |
| - Seed growing | 4,3 | 18,7 |
| - Mixed feed production and grain crops storage | 54,0 | 25,2 |
| - Cattle breeding | 319,5 | 377,4 |
| - Meat processing | 60,5 | 47,2 |
| - Retail sales network | 16,7 | 16,0 |
Achievements.
The second year the Company is a leader among the largest meat producers. According to the "TOP-100 Rating of the largest agricultural companies of Ukraine" ("Top 100" edition) APK-INVEST takes top position in growing of pigs volumes, having increased its market share from 5% in 2010 to 7% in 2011 among the manufacturers.
The Company’s achievements were awarded with prize "Leader of industry" (according to the Dykun Global Consult research for six months in 2012.), According to the year results APK-INVEST became an acknowledged leader within the "Agrarian Elite of Ukraine" project and took the second place in CSR (Corporate Social Responsibility) sphere among agricultural enterprises of Ukraine (rating of "Gvardiya" edition).
The representatives of top management of the Company are acknowledged experts in business; in 2012 they were repeatedly included into the lists of the most important professionals both in industry and in managerial ratings of Ukrainian business («Investgazeta" edition).
APK-INVEST is a regular participant and initiator of international and Ukrainian industry congresses, conferences and master classes (VI International Congress "Profitable Pig breeding", International Conference "Feeds for effective animal breeding", etc.).
Background:
APK-INVEST was founded in 2006. Currently it takes the leading position among agricultural enterprises in Ukraine. As part of a vertically-integrated structure the Company implements the biggest innovation project in the agricultural sector of the country.
Closed production cycle allows controlling every stage: from the cultivation of grain and mixed feed production to animal breeding, meat processing and sale of finished products.
Business structure includes crop and seed growing, mixed mixed feed production, livestock, including stock breeding, meat processing, logistics and own retail. The main production facilities of APK-INVEST are located in Krasnoarmeyskiy and Konstantinovskiy districts of Donetsk region.
The Company employs 2300 people.
The results of six years activity allow us to speak about the success of investment and innovation project called “APK-INVEST”.
Mission of APK-INVEST:
«With our products We create prosperity of Ukraine».