Bidpaper Plus

 

Highlights

  Creditable performance in adverse conditions with trading profit of R222,8 million  
  Voter registration form contracts won in DRC and Tanzania  
  New business gains in wine and pharmaceutical industries  
  Positioning success as the trusted time-critical
print partner of sports event organisers		  
  Partnering and consultancy platform gains momentum  
  Silveray investment helps us regain stationery leadership  

    Neil Birch, chief executive
 

  Financial indicators
(for the year ended June 30) 		 2009  
R'm  		 2008  
R'm  		 %  
change  
  Revenue   1 933,4   1 937,4   (0,2) 
  Trading profit   222,8   220,2   1,2  
  Operating profit   222,8   154,9   43,8  
  Operating assets   994,3   895,4   11,0  
  Operating liabilities   358,7   300,4   19,4  
  Depreciation   43,3   33,3   30,0  
  Amortisation and impairments of intangible assets   2,8   2,3   21,7  
  Goodwill and intangible assets   124,7   113,3   10,1  
         
         
  Sustainable development indicator overview   2009   2008   2007  
  Employees   4 261   4 281   4 659  
  Total training spend (R’000)  2 250   6 580   3 092  
  Training spend per employee (R)  528   1 537   664  
  Employees attending HIV/Aids training (%)  22,8   29,5   39,5  
  Lost time injury frequency rate   5,6   12,1   37,2  
  Work-related fatalities (number)  0   0   0  
  BEE procurement (R’000)  601 781   326 712   431 485  
  CSI spend (R’000)  881   2 354   1 768  
  Enterprise development spend (R’000)  2 800   2 800   *  
  Total water usage (litres ’000)  120 886   91 326   *  
  Total electricity usage (kWh ’000)  35 448   33 488   16 762  
  Petrol (litres)  424 325   620 530   654 865  
  Diesel (litres)  328 745   324 183   274 229  
  Total carbon emissions (tonnes)  37 430   34 976   *  
  Carbon emissions per employee (tonnes)  8,8   8,2   *  
 *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

 

Strategic positioning

As South Africa’s largest supplier of print, packaging and mail services and stationery products, Bidpaper Plus has the skills and capacity to assist any customer. The business increasingly engages with customers in a joint-quest for cost-effective solutions.

Sustainable development

We provide modern and safe working environments, strictly observing regulations on the use and disposal of inks, chemicals and harmful materials. Emissions are monitored and corrective action taken. There were no significant work-related incidents.

Renewed emphasis was given to HIV/Aids awareness. Senior managers gave a lead in a “Know your HIV status” campaign. A life skills programme is helping employees with household budgets and financial management. Staff can also consult debt counsellors.

Following the collapse of the print industry SETA, we increased our training investment to R3,5 million and appointed a highly qualified technical training officer to our training academy. Employment equity across senior management remains a BEE focus area.

Procurement from BEE-rated suppliers rose to R601 million from R326 million. This is more than half our local procurement spend.

We appointed a waste recovery contractor to collect, sort, recycle and dispose of all solid waste responsibly. Our waste stream is measured, providing us with certificates showing the proportion of waste to landfill versus recovery.

In view of the high carbon footprint of fast-food industry packaging we are investigating the development of compostable packaging for local launch. Additional sustainability information is available on the Bidvest website.

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