ABOUT THIS REPORT
T
his report covers the period 1 May 2014 to 30 April 2015.
Information is provided in accordance with the International
Financial Reporting Standards (IFRS), the Companies Act of South
Africa, No 71 of 2008 (as amended), King Code of Governance
Principles for South Africa, 2009 (King III), the Department of
Trade and Industry’s Codes for Broad-Based Black Economic
Empowerment and the Global Reporting Initiative’s G4
Guidelines for sustainable reporting.
Our intention is to provide balanced and responsible reporting
to our stakeholders on behalf of the Senwes Group of companies,
covering an overview of financial indicators, strategy and
governance.
The theme of this report is “More Than Just Agriculture” and
through its content we wish to demonstrate our passionate
support of and involvement in the agri-industry through
innovative and sustainable solutions for all stakeholders
throughout the value chain.
This report provides information to existing and future partners
and stakeholders, enabling them to make informed decisions
about the Senwes Group.
For a comprehensive insight into our business, this report should
be read together with the sustainability report, the comprehensive
corporate governance report and the annual financial statements
which are available online at www.senwes.co.za.
The report covers Senwes Limited and its key operating divisions
(Senwes Credit, Senwes Grainlink and Senwes Mechanisation), as
well as Senwes’ joint ventures, associates and subsidiaries.
The non-financial information in this report has not been
subjected to an independent audit or review and has been
compiled based on internal records and information in the public
domain under supervision of CF Kruger, CA (SA), Group Financial
Director.
Ernst & Young Inc. conducted an independent audit of the Group’s
annual financial statements.
This integrated report is the responsibility of the Board and
accordingly the Board accepts accountability for the integrity
of the information contained herein. The Board has given due
consideration to this report and is of the opinion that all material
aspects have been addressed in a reasonable manner.
Danie Minnaar
Chairman
30 June 2015
Klerksdorp
Francois Strydom
Managing Director
Senwes INTEGRATED REPORT 2015
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