Senwes Integrated Reports Senwes 2013/2014 Integrated Report | Page 14

HINTERLAND SA (PTY) LTD (JV)(50%) During the year under review Senwes concluded a transaction with AFGRI in terms of which the two agricultural services companies merged their agri-retail businesses and Prodist, the AFGRI wholesale subsidiary, to form a new joint venture in which the parties hold a 50% interest respectively. The joint venture excludes the mechanisation business namely the John Deere agencies. STRUCTURE Retail outlets • • • • • 60 retail outlets. Animal health, irrigation, DIY, fencing and steel, animal feed, gardening, weapons and ammunition, outdoors. 7 fuel stations. 5 forecourt convenience stores. 1 supermarket. Input supply • • Direct products Seed, fertiliser, fuel, pesticides. Prodist (Hinterland)(S)(75%) Wholesale distributor of agricultural requirements, hardware, general merchandise and irrigation. Business • • Provision of input requirements to agricultural producers. Provision of a variety of hardware and convenience products to the general public. Positioning • Deployment of infrastructure, marketing structures and product ranges in order to service the client in respect of production input requirements. Strategic objective • To be the supplier of preference to agricultural producers in respect of all their input requirements. Geographic footprint Prodist and Farm City Legend: (O) = Operational Division (S) = Subsidiary (A) = Associate (JV) = Joint Venture BRANDS 12