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The Bidvest Group Limited
Annual report 2006
Commentary
Value added statement
Exchanges with government
Directors’ responsibility for
the financial statements
Declaration by company secretary
Report of the independent auditors
Directors’ report
Accounting policies
Consolidated income statement
Consolidated statement
of recognised income and
expenses
Consolidated cash flow statement
Consolidated balance sheet
Notes to the consolidated financial statements
Company income statement
Company cash flow statement
Company balance sheet
Notes to the Company
financial statements
Interest in subsidiaries, joint ventures and associates
 
Notes to the consolidated financial statements
for the year ended June 30
 
    2006 
R’000 
   2005 
R’000 
3. Net finance charges      
  Finance income 116 465    67 608 
  Preference dividends 7 591    7 785 
  Interest received 108 874    59 823 
  Finance charges (432 606)   (339 039)
  Interest paid (442 453)   (339 039)
  Less borrowing costs capitalised to property, plant and equipment 9 847    –  
    (316 141)   (271 431)
  Less net finance income from banking operations included in operating profit (26 251)   (13 674)
  Income (50 170)   (25 317)
  Charges 23 919    11 643 
    (342 392)   (285 105)
 
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