Senwes Integrated Reports Senwes 2014/2015 Integrated Report | Page 27

TRADEVANTAGE POSITIONING OF THIS PILLAR (SUBSIDIARY OF SENWES) 73.5 PERCENT SHAREHOLDING Grain trading is done on a national basis through Tradevantage, which is positioned to serve the local market and to participate in exports and imports. Set up between the farm gate and the grain off-taker to provide logistics, handling, storage, procurement, hedging and marketing of grain and oilseeds. STRATEGIC OBJECTIVES OF THE MARKET ACCESS CHANNEL An integrated solution for the producer and grain off-taker to OPERATIONAL PERFORMANCE enhance market access and pricing solutions. Tradevantage performed according to expectation with regards to volume and financial targets and after a year of trading, it has successfully established itself as a recognised brand in a very competitive market sector. GRAINOVATION (JOINT VENTURE WITH IMPERIAL LOGISTICS) 50 PERCENT Grainovation provides logistical services for the procurement and trading of grain and oilseeds. SHAREHOLDING OPERATIONAL PERFORMANCE MARKET ACCESS Revenue Cost Profit ROCE 2015 R’m 2014 R’m 6 985 6 775 210 31% 9 889 9 804 85 15% GEOGRAPHIC FOOTPRINT Handling and Storage Tradevantage Seed Processing Grainovation ESC Procurement Offices Grainovation performed well and handled the biggest volumes in its history and was successful in the growth of its market share. ELECTRONIC SILO CERTIFICATES (ESC) (JOINT VENTURE WITH AFGRI) 50 PERCENT Senwes increased its shareholding in ESC to 50%. ESC traded 16 123 silo certificates nationally this year.  Klerksdorp Klerksdorp SHAREHOLDING Your Potential Delivered Senwes Senwes INTERGRATED INTEGRATED REPORT 2015 25