THE BUSINESS STRATEGIC & OPERATING CONTEXT rate support and divisions have / restructured and ure that they are challenges .
nt financial year , rganised the ore specialised . The ns were reorganised ments with different rs within each . More t each segment e found in the w on page 26 and CFO on page s and clusters are llows :
es , including the rance clusters .
cluding the , retail and ters .
» Market Access including the grain cluster .
» Processing , Conditioning and Markets , including a manufacturing , meat as well as milling and pet food cluster .
• The group launched a capital allocation project which aims to optimise the group ’ s balance sheet allocation toward increased capacity and optimal returns on capital allocated across the group .
• The group changed its inter group funding structure , and now provides inter-company loans from Senwes to the group ’ s companies through a separate entity .
• The group ’ s Information technology ( IT ) operations were moved into separate companies during the financial year .
n reaping the benefits of shared corporate functions and
TOP-OF-MIND RISKS
• Urbanisation , scarcity and retention of skills risk .
• Transition and customer risk .
• Information technology – systems and cyber risk .
• Unique competitor risk .
• Diversification and agricultural industry risk .
For more detail on top-of-mind risks , see p . 87 .
therefore it makes sense to maintain the constant drive to ared corporate functions and operational efficiencies are
e Agriculture