NOTES
4. OPERATING SEGMENTS
SEGMENTAL REVENUE
Information on reportable segments
6 MONTHS
ENDED
31 OCTOBER
12 MONTHS
ENDED
30 APRIL
2019
R’m 2018
R’m 2019
R’m
Financial services (Senwes Credit, Senwes
Asset Finance, Certisure group and Molemi Sele
Management) 197 162 348
Income from financing clients and service level
agreement income 198 164 349
(1)
AgriRewards
Finance costs
Profit from joint ventures
Input supply (Senwes Equipment, JD Implemente,
Staalmeester, KLK Landbou, Hinterland group and
Bastion Lime group)
Income/(loss) from sale of goods and services
rendered
-
- - -
1 240 832 1 485
894 1 598
(1) -
(35) (61) (113)
- - -
- - -
472
1 982 434
1 491 758
3 003
(2)
Intragroup sales
Finance costs
Loss from joint ventures
Market access (Senwes Grainlink, Tradevantage,
Senwes Graanmakelaars, Grainovation and ESC)
Income from commodity trading, sale of goods
and services rendered
AgriRewards
Finance costs
(1)
-
1 277
AgriRewards
Intragroup sales
(2) - (13) (16)
(1 503) (1 044) (2 229)
- -
-
1 909 -
1 428 -
2 591
45 50 96
38 36 66
7 14 30
- - -
- - -
1 954 1 478 2 687
Profit from joint ventures
Normal operational activities
Corporate activities, including finance costs
Income from service level agreements
Interest income from/(paid to) joint ventures
Finance costs
Corporate costs
Total revenue
(7)
-
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 2019, the group acquired
property, plant and equipment of R134,9 million. Property, plant
and equipment with a book value of R0,7 million was disposed of
during the same period.
12
senwes interim results 31 october 2019