DESCALSOTA, HEIDI M.

MANAGERIAL ACCOUNTING 1:00PM-4:00PM

Company Name: Bogo-Medellin Milling Company, Inc.

COMPANY BACKGROUND/ DESCRIPTION:

Bogo-Medellin Milling Company, Inc. (BMM), which was incorporated on

June 4, 1928, is a Sugar Mill, a manufacturing company, principally engaged
in the milling/manufacturing of centrifugal raw sugar with molasses as its by-
product. The raw materials are sugar canes from various sugar cane
plantations owned by about 438 planters within the district.

Aside from the mill's proximity to the sugar cane plantations, BMM put up
three transloading stations, situated to serve planters whose plantations are far
from the mill. The cane yard at mill site was expanded in 2010 to accommodate
canes delivered to the mill, with the mill's capacity remaining unchanged from
1994 at 3,000 tons of cane per day and three transloading stations.

BMM's wholly-owned subsidiary, BOMEDCO Agricultural Corporation (BAC),

formerly Northern Cebu Agricultural Corporation, was established to develop
and cultivate private agricultural lands, and to harvest, preserve, pack and sell
the products of said lands. BAC, which started commercial operations on
October 1, 2000, produces sugar cane from its plantation for milling with
BMM.