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Consolidated income statement | Consolidated cash flow statement | Consolidated statement of changes in equity | Segmental analysis
 
 
 
Revenue up
24%
to R95,7 billion
 
 
Trading profit up by
24%
to R4,5 billion
 
 
Headline earnings per
share up
21%
to 970,0 cents
 
Basic earnings per share up
13%
to 899.4 cents
 
 
Distribution per share up
21%
to 446.4 cents
 
 
Further information regarding
our financial results can be
found on the Bidvest website.
www.bidvest.com
 
     
             
  Revenue
  R billion
 
  Trading profit
  R billion
 
  Attributable profit
  R billion
 
  Distributions per share
  cents
 
 
Basis of preparation of financial statement
The financial statements have been prepared in accordance with International Financial Reporting Standards (IFRS).
 
Reclassification of expenses
To achieve consistent reporting throughout the Group, certain operations reconsidered their allocation of expenses within the various income statement categories. Prior year results have been restated to take account of these reclassification. This restatement has resulted in an increase in cost of revenue of R217,4 million, an increase in sales and distribution costs of R160,8 million and a decrease in administration expenses and other expenses of R6,7 million and R371,5 million respectively.
 
Audit report
The consolidated results for the year have been audited by KPMG Inc and their unqualified audit report is available for inspection at the Company’s registered office.
 
Analyst presentation
The presentation to investors will be available on the Bidvest website from 14:00 on August 27 2007.
 
 
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: D Band, S Koseff, D Masson, JL Pamensky, NG Payne, Adv FDP Tlakula
Non-executive: LG Boyle*, 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
MA David
 
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: ZAE000050449
 
 
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