Senwes Integrated Reports Senwes 2017/2018 Integrated Report(a) | Page 22

20 THE BUSINESS BUSINESS OVERVIEW | continued MARKET ACCESS 80,0% 30,9% 2018 2017 SENWES GRAINLINK SENWES GRAANMAKELAARS TRADEVANTAGE Division of Senwes Subsidiary of Senwes Subsidiary of Senwes  Senwes Grainlink specialises in the handling and storage of grain and oilseeds and is positioned be- tween the producer and the off-taker.  Senwes Grainlink handles grain on a central basis, even though the procurement action is decentra­ lised. Producer-specific contracts and trading solu- tions allow the producer to optimise his crop due to the availability of extensive pricing products and strategies.  Senwes Grainlink also renders services to the grain off-taker.  Senwes Graanmakelaars acts as a broking agent for clients wishing to obtain access to the JSE (Safex) Agricultural Commodities Division.  Senwes Graanmakelaars provides an opportunity to producers, consumers and speculators to hedge or take part in potential market opportunities.  Tradevantage provides an extensive grain marke­ ting and trading service to both national and inter- national clients rela­ting to maize, oilseeds, wheat and sundry soft commodities.  Tradevantage is uniquely developed to meet the needs of each client and supplies the product to off-takers at their production plants. SENWES SEED GRAINOVATION ELECTRONIC SILO CERTIFICATES (ESC) Division of Senwes Grainlink Joint venture with Imperial Logistics Joint venture with AFGRI  Senwes Seed established itself over decades as an excellent seed processor with a sound reputation amongst producers in the market.  Grainovation is a leading logistics operator in the agricultural sector and offers specialised logistical solutions to both the producer and off-taker of grain and oilseeds. share of total profit from operating activities 39% percentage of total business units 2018 2017 Income (R’m) 7 690 8 171 Costs (R’m) 7 306 8 086 384 85 MARKET ACCESS Operating profit before tax (R’m) OVERVIEW | THE BUSINESS | STRATEGIC AND OPERATING CONTEXT | CORPORATE GOVERNANCE | FINANCIAL REVIEW Electronic Silo Certificates provides a safe and ef- fective way of managing electronic silo certificates via the internet or smartphones. OUR PRESENCE IN SOUTH AFRICA 68 Silo complexes 18 Procurement offices 4 Throughput structures 1 Marketing office 1 Trading office 1 Logistics office 1 Silo certificate dealer