Senwes Integrated Reports Senwes 2014/2015 Integrated Report | Page 26

OPERATIONAL OVERVIEW: MARKET ACCESS SENWES GRAINLINK 53% SHARE OF TOTAL PROFIT FROM OPERATING ACTIVITIES (A DIVISION OF SENWES) Senwes Grainlink provides storage and handling facilities through a well-developed silo and alternative storage infrastructure. Senwes’ silos handle approximately 20% of the country’s grain and oilseeds in an average agricultural production year. Senwes Grainlink operates 68 grain silo complexes and 3 throughput structures. These silo complexes include 2 223 bins which receive, dry, clean and store grain and oilseeds. At full capacity we store nearly 4,6 million tonnes, which represents more than 25% of the total South African commercial storage capacity. Senwes has streamlined the link between procurement and marketing of grain to assist the producer as well as the off- taker in maximising their turnaround time. The efficient handling of grain through our silo complexes is underpinned by a combination of proven experience, industry knowledge and the application of reliable and innovative technology. Grain trading is managed through 1 trading office as well as 18 procurement offices. Customised contracts and trading solutions allow for full optimisation of the harvest to secure maximum returns for the producer. Services are also rendered to the grain off-taker in order to ensure that his raw material supply requirements are addressed. 24 Senwes INTEGRATED INTERGRATED REPORT REPORT 2015 2015 OPERATIONAL PERFORMANCE Senwes Grainlink’s results were influenced by two major opposing factors namely the very good crop received and the poor financial performance of the international trading business. The net result for this division increased by 147%. Despite a very low carry-over crop from the previous season, the bumper harvest collected during the current financial year ensured an increase in volumes of 63,4%. Senwes Grainlink’s investment in technology and infrastructure at its silos also resulted in an increase in market share due to a more attractive value proposition to clients.