Corporate
Head office services, information technology, human resources, properties,
fleet management, secretarial services, legal services, corporate marketing,
risk management, internal audit, strategic development, group finance, treasury
and directors.
Income tax is managed on a group basis and is not allocated to operating segments. Services rendered between related
parties as reflected in operating segments are on an arm’s length basis in a manner similar to transactions with third parties.
Management monitors the operational results of its business units separately for the purpose of making decisions about re
source allocation and performance assessment. Segmental performance is evaluated, based on operating profit or loss, and
is measured consistently against operating profit or loss in the consolidated financial statements.
SEGMENTAL REVENUE AND RESULTS
2014
R’m
2013
R’m
SEGMENT AL REVENUE
Financial services (Senwes Credit & Certisure Group )
Operating activities
2014
R’m
2013
R’m
SEGMENTAL PROFIT
170 139 95 129
170 139 95 71
Profit from transfer of subsidiary to joint venture - - - 58
Input supply (Senwes Village & Hinterland Group) 1 552 2 871 226 170
Operating activities 1 581 2 871 80 170
- - -
Intragroup sales
Profit from merger of retail business
Market access (Senwes Grainlink,Tradevantage & Bunge Senwes)
Operating activities
Intragroup sales
Normal operational activities
Corporate costs
Other operating income
Total revenue
Revenue from discontinued operations
Input supply
Market access
Revenue from continuing operations
(29)
- - 146 -
9 889 12 209 85 177
11 478 12 209 85 177
(1 589) - - -
11 611 15 219 406 476
15 35 (75) (69)
- - - -
11 626 15 254 - -
- -
(150) (1 370) (144) (1 332) -
(6) (38) -
11 476
13 884
-
331 407
Taxation (80) (100)
Profit for the year from continuing and discontinued operations
Loss/(profit) after tax from discontinued operations and
operations to be transferred to merger entity 251 307
40 (27)
Profit before tax from continuing and discontinued operations
Input supply
Market access
Profit after tax from continuing operations
(4) (56)
44 29
291 280
55