Infinite possibilities . . . with one vision
Audited results for the year ended June 30 2009
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R112,4 billion
Revenue
1,8% increase
 
R5,1 billion
Trading profit
3,7% decrease
 
930,0 cents
Headline earnings per share
12,9% decrease
 
R6,8 billion
Cash generated by operations
10,9% increase
 
380,0 cents
Distribution per share
23,2% decrease
 
 
 
 
 

Basis of preparation of financial statements

The financial statements have been prepared in accordance with the recognition and measurement requirements of International Financial Reporting Standards (IFRS) and the presentation and disclosure requirements of IAS 34 – Interim Reporting. The accounting policies are consistent with those of the prior year.

Capital commitments

R’000 2009 2008
Contracted for 745 704 477 928
Not contracted for 252 231 445 853
  997 935 923 781


Audit report

The auditors, Deloitte & Touche, have issued their opinion on the Group’s financial statements for the year ended June 30 2009. The audit was conducted in accordance with International Standards on Auditing. They have issued an unmodified audit opinion. A copy of their audit report is available for inspection at the Company’s registered office. These summarised financial statements have been derived from the Group financial statements and are consistent in all material respects, with the Group financial statements.

Analyst presentation

The presentation to investors will be available on
the Bidvest website from 10:00 on Monday,
August 31 2009.

Further information regarding our financial results can be found on the Bidvest website: www.bidvest.com

 

The Bidvest Group Limited

Incorporated in the Republic of South Africa
(“Bidvest” or “the Group” or “the Company”)

Directors

Chairman: MC Ramaphosa
Independent non-executive: DDB Band, LG Boyle*,
S Koseff, NP Mageza, D Masson, JL Pamensky,
NG Payne, Adv FDP Tlakula
Non-executive: AA Da Costa (alternate LJ Mokoena), MBN Dube, RM Kunene, T Slabbert
Executive: B Joffe (Chief executive), FJ Barnes*,
BL Berson**, MC Berzack, DE Cleasby, AW Dawe,
LI Jacobs, P Nyman, SG Pretorius, LP Ralphs,
AC Salomon (*British   **Australian)

Company secretary

CA Brighten

Transfer secretaries

Link Market Services South Africa (Pty) Limited,
11 Diagonal Street, Johannesburg 2001, South Africa.
PO Box 4844, Johannesburg 2000, South Africa.

Registered office

Bidvest House, 18 Crescent Drive, Melrose Arch, Melrose, Johannesburg 2196, South Africa.
PO Box 87274, Houghton, Johannesburg 2041,
South Africa.
Registration number: 1946/021180/06
Share code: BVT ISIN: ZAE00011732

 
 
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