SENWES Integrated Report 2020 | Page 17

� PERFORMANCE THE BUSINESS Net profit after tax (R'm) Return on opening equity (%) Total shareholders return (%) 2020 2019 2020 2019 � 19,1% 0% 337 283 13,0 13,0 2020 2019 5,5 5,5 � 0% � � � � � OUTCOMES KEY HIGHLIGHTS Normalised headline earnings (R’m) 2020 2019 � 246 16,6% 295 New investment in property, plant and equipment (R’m) 2020 2019 268 � 27,6% 210 Head office electricity consumption (GWh) 2020 2019 1,4 � 7,7% 1,3 Senwes Grainlink silos electricity consumption (GWh) 2020 2019 23,5 � 7,8% 21,8 Head office water consumption (kl) 2020 2019 5 031 1,4% 5 102 � For more detail see p. 6 STAKEHOLDERS Shareholders and Investors The group paid dividends to the amount of: ��� R112m ............................................ � Clients and Customers The group increased its financing book by: ��� 21% ................................................. � Employees The group (including JVs) paid salaries to the amount of: ��� R1 021m .......................................... � Community Community spending increased since the previous year: ��� 24% ................................................. � Total training costs (R’m) 2020 2019 9,6 � 12,9% 8,5 Average cost per employee (group, including JVs) (R’000) 2020 2019 � 211,6 14,6% 247,9 Corporate social investment and community spending (R’m) 2020 2019 3,1 � 24,0% 2,5 Loyalty scheme (AgriRewards) allocation (R’m) � 2020 2019 19 13,6% 22 Business Partners The cost of investments amounted to: ��� R545m ............................................. � Suppliers The group’s payments to suppliers of goods and services amounted to: ��� R3 532m .......................................... � Government and Regulators The group paid tax to the amount of: ��� R117m ............................................. � For more detail see p. 30 For more detail see p. 6 FUTURE OUTLOOK Business All commodity prices will remain under pressure in the foreseeable future and unemployment will increase. Senwes is privileged to be taking in such a large crop at present, which will help us through this difficult time. Strategy The biggest challenges will remain in the Input Channel, while the indications of high volumes bode well for the Market Access Channel businesses. The Financial Services Channel of the group is well positioned to further exploit opportunities. Acquisitions done over the past two years are performing well, while work on the current non-performing units in the portfolio, will continue to bring focus and self-critique. Economic Good prospects for the coming season such as a good summer grain harvest, an increase in client profitability and the ability of clients to pay their outstanding production and long-term credit, a high level of business confidence in the coming planting season, the restructuring of the group and the merger with Suidwes will possibly counteract the impact of Covid-19. For more detail see p. 12 For more detail see p. 40 For more detail see p. 74 SENWES INTEGRATED REPORT 2020 15