2 by 6 Month Crop per year

Sqm 5000
Yield/sqm 36
Kg produced 180000
Price /kg R 10.00
No of plants 25000 Plants

Income
Sales R 1,800,000

Cost of Sales
Packing costs R 0.50 R 90,000.00
Packaging material R 1.25
Transport R 0.70
Marketing commission 12.5% R 1.30
R 3.75 R 675,000 R 3.75

Gross margin after packing R 1,125,000

DIRECT COSTS R/sqm
Crop supplies 5.00 25000
Chemicals 12.00 60000
Fertilizer 23.00 115000
Growing medium 12.00 60000
Fuel 5.00 25000
Seed & Seedlings 9.00 45000
R & M Vehicles 1.50 7500
R&M Plastic 5.00 25000
R&M Pumps & Piping & Equip 2.70 13500
Wages permanent 38.00 190000
Wages casuals 5.00 25000
Protective clothing 1.00 5000
Electricity 8.00 40000
TOTAL DIRECT COSTS 636000

Gross profit R 489,000

OVERHEADS
Rental 0
Mgt salary 12 60000
Admin costs 12000
Telephone 3000
Insurance &licences 12000
TOTAL OVERHEADS 87000
Net profit R 402,000
Phase 1: Capital budget items 5.0 ha

Electrical 5 100,000

Pumphouse and irrigation

Pump at dam 1 15,000
Pipeline to site 500 30
Storage reservoir 2 75,000
Pumphouse tanks and pipes 2 40,000
Priva fertigation unit 2 400,000
Water treatment 1 200,000
Drippers 5.0 100,000
Mainlines 5 20,000
Dripper lines 20,000 4
Solenoid valves 10.0 2,500

Greenhouses
Greenhouses 5.0 3,000,000
Internal floor plastic 5.0 100,000
Customs duty 5.0 45,000
Trolleys 15 2,000
Overdrain recovery system 5.0 65,000
Rainwater catchment drains 5.0 65,000
Crop supports 5.0 50,000
Floor preparation 5.0 20,000
Concrete paths R 300.00 5.0 500
Levelling 5.0 150,000

General
Roadworks 1.0 100,000
Electrical cable 1 100,000
Spraying equipment 2 100,000
Monitoring equipment 5 20,000
Crates 5 30,000
Concrete floors 1,000 300
Staff rooms, ablutions, office pumphouse 1 200,000
Trailers 2 30,000
Standby generator 1 200,000
General tools & equip 1 100,000

Contingencies
 500,000 500,000

15,000
15,000
150,000
80,000
800,000
200,000
500,000
100,000
80,000
25,000
1,965,000

15,000,000
500,000
225,000
30,000
325,000
325,000
250,000
100,000
750,000
750,000 18,255,000

100,000
100,000
200,000
100,000
150,000
300,000
200,000
60,000
200,000
100,000
- 1,410,000
- -

22,130,000
442,600
22,572,600
4,514,520 per ha
2.5 crops per year cucumbers

Sqm 10000
Yield/sqm 81
Units produced 810000
Price /unit R 5.00
No of plants 18000 Plants

Income
Sales R 4,050,000

Cost of Sales
Packing costs R 1.65
Packaging material R 0.50
Transport R 0.35
Marketing commission 12.5% R 0.65
R 3.15 R 2,551,500 R 3.15

Gross margin after packing R 1,498,500

DIRECT COSTS R/sqm
Crop supports 2.67 26667
Chemicals 5.33 53333
Fertilizer 18.00 180000
Growing medium 8.00 80000
Fuel 6.00 60000
Seed & Seedlings 16.00 160000
R & M Vehicles 1.50 15000
R&M Plastic 4.00 40000
R&M Pumps & Piping & Equip 2.70 27000
Wages permanent 18.00 180000
Wages casuals 1.00 10000
Protective clothing 0.60 6000
Electricity 6.00 60000
TOTAL DIRECT COSTS 898000 R 1.11

Gross profit R 600,500

OVERHEADS
Rental 0
Mgt salary 12 120000
Admin costs 12000
Telephone 6000
Insurance &licences 12000
TOTAL OVERHEADS 150000 R 0.19
Net profit R 450,500