25 / 104 PERFORMANCE
Profit after tax ( R ’ m ) |
2022 |
|
2021 |
668 |
16,6 % |
573 |
Return on opening equity (%) |
2022 |
|
2021 |
20,5 % |
0,8 % |
19,7 % |
Total shareholders ’ return (%) |
2022 |
|
2021 |
32,5 % |
19,8 % |
12,7 % |
OUTCOMES
KEY HIGHLIGHTS
Normalised headline earnings ( R ’ m ) 2022 2021 689 64,0 % 420
STAKEHOLDERS
SHAREHOLDERS AND INVESTORS The group paid dividends to the amount of :
R178m .................................................. ...
UTLOOK
New investment in property , plant and equipment ( R ’ m )
2022 2021 283 50,5 % 188
CLIENTS AND CUSTOMERS The group increased its financing book by :
2,4 %......................................................
MATERIA
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Head office electricity consumption for the year ( MWh )
2022 2021 1 383 4,8 % 1 452
Electricity consumption of Senwes Grainlink silos for the year ( GWh )
2022 2021 28,9 4,3 % 30,2
Head office water consumption for the year ( kl )
2022 2021 5 334 2,3 % 5 212
Total training costs ( R ’ m ) 2022 2021 11,2 9,8 % 10,2
Average cost per employee ( R ’ 000 ) 2022 2021 246,7 33,5 % 184,8
Loyalty scheme ( AgriRewards ) allocation ( R ’ m )
2022 2021 163 17,3 % 139
EMPLOYEES The group paid salaries to the amount of :
R1 230m ..............................................
COMMUNITY Community spending decreased since the previous year :
R3m ......................................................
BUSINESS PARTNERS At year-end investments in subsidiaries and JVs amounted to :
R795m .................................................
SUPPLIERS The group ’ s payments to the suppliers of goods and services amounted to :
R8 537m .............................................
GOVERNMENT AND REGULATORS The group ’ s payments to government amounted to :
R248m .................................................
Strategy The group ’ s desire to serve our clients and to grow its portfolio are interlinked . As such our dream is to further de-risk business units by means of product composition , control of cost , stock management , market share , allocation of capital , and client base segregation .
Business The expansion to lower risk jurisdictions to diversify income streams , with the addition of European investments , will be implemented in the first two quarters of the 2023 financial year . Various efficiency programmes will be completed within the next 12 months and the reorganisation of the group will see the next phases of consolidation within the group to more sustainable units , further streamlining of costs and increased focus on decision-making with various levels within the group being on the agenda of the Senwes Executive Committee ( Exco ).
SENWES INTEGRATED REPORT 2022
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