12
NOTES
4. Operating segments
Information on reportable segments
SEGMENTAL REVENUE
6 months
ended
31 October
Year
ended
30 April
2017
2016
Unaudited Unaudited
R’m
R’m
Financial services (Senwes Credit, Senwes Asset
Finance and Certisure Group)
2017
Audited
R’m
160 145 309
160 145 309
Finance costs - - -
Profit from joint ventures - - -
775 753 1 350
Income from sale of goods and services rendered 815 776 1 470
Intragroup sales (40) (23) (120)
Finance costs - - -
Loss from joint ventures - - -
3 841 4 766 8 171
Income from financing clients and service
level agreement income
Input supply (Senwes Equipment, JD Implemente,
Hinterland Group and Grasland Ondernemings)
Market access (Senwes Grainlink, Tradevantage,
Senwes Graanmakelaars, Grainovation and ESC)
Income from commodity trading, sale
of goods and services rendered
6 389 7 956 12 508
(2 548) (3 190) (4 337)
Finance costs - - -
Profit from joint ventures - - -
4 776 5 664 9 830
Intragroup sales
Normal operational activities
68 63 97
Income from service level agreements 50 40 82
Interest income from joint ventures 18 23 15
Finance costs - - -
Corporate costs - - -
4 844 5 727 9 927
Corporate activities
Total revenue
Profit before tax
Taxation
Profit after tax
Non-controlling interest
Profit after tax and non-controlling interest
5. Acquisition and disposal of
property, plant and equipment
During the six months ended 31 October 2017 the group
acquired property, plant and equipment to the value of R43,6
million. Property, plant and equipment with a book value of
R0,9 million were disposed of during the same period.
6. Capital commitments
Commitments already contracted amount to R7,3 million
and will be financed from cash flow from operating activities.
Commitments of R10,2 million have already been approved by
the board, but not yet contracted.
senwes interim results 31 october 2017