Bidfood

Bidfood
 

Highlights

  Businesses demonstrated adaptability and resilience in a declining market
with all categories in food channel under stress 
  Bidvest’s South African food businesses put in a resilient showing
  Bidfood Solutions created to exploit opportunities in general foods sector  
  Revenue grew by 12,1% to R4 952,9 million from R4 418,9 million  
  Trading profit rose 7,1%, up from R358,8 million to R384,3 million. 
     
 
     
   Financial indicators
 (for the year ended June 30) 		 2009  
R'm  		 2008  
R'm  		 %  
change  
  Revenue   4 952,9   4 418,9   12,1  
  Trading profit   384,3   358,8   7,1  
  Operating profit   384,3   358,8   7,1  
  Operating assets   1 656,5   1 569,2   5,6  
  Operating liabilities   889,1   859,7   3,4  
  Depreciation   50,2   47,6   5,5  
  Amortisation and impairments of intangible assets   2,9   3,2   (9,4) 
  Goodwill and intangible assets   19,1   22,0   (13,2) 
         
         
   Sustainable development indicator overview   2009   2008   2007  
  Employees   3 654   3 497   3 238  
  Total training spend (R’000)  9 568   6 621   4 412  
  Training spend per employee (R)  2 619   1 893   1 363  
  Employees attending HIV/Aids training (%)  23,9   16,4   2,7  
  Lost time injury frequency rate   6,4   3,5   28,5  
  Work-related fatalities (number)  0   0   1  
  BEE procurement (R’000)  1 079 622   768 351   764 342  
  CSI spend (R’000)  1 266   2 511   74  
  Enterprise development spend (R’000)  2 165   459   *  
  Total water usage (litres ’000)  697 083   308 006   256 430  
  Total electricity usage (kWh ’000)  32 907   30 644   38 834  
  Petrol (litres)  2 128 386   2 006 841   1 829 185  
  Diesel (litres)  6 822 428   5 843 986   5 505 496  
  Total carbon emissions (tonnes)  56 503   50 270   *  
  Carbon emissions per employee (tonnes)  15,5   14,4   *  
*Information not collated, not relevant or not entirely reliable
The prior year numbers include subsidiaries that are now part of Bidvest Namibia. The numbers have not been restated as the impact is not significant