�
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