1
NAVIGATING
THIS REPORT
Overview
2 About this report
4 Key features
6 365 Review
The business
8
Chairman’s report
10 Grain value chain and Senwes business model
12 Senwes brand
13 Investment case
14 Business profile
17 Our presence in South Africa
19 Value creation with six capitals
34 Understanding our stakeholders
Strategic and operating context
42 CEO report
45 Group strategy
50 Operational review
Corporate governance
56 Senwes shareholding and operating structure
58 Corporate governance report
78 Remuneration report
Financial review
86 CFO report
90 Risk methodology
97 Statutory statements
107 Financial results
116 Notes to the financial statements
161 Accounting policy