The Bidvest Group Limited
Annual report 2009

Financial results

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Interest in subsidiaries, joint ventures and associates
at June 30

	Issued share	Effective holdings		Shares		Indebtedness
	capital R’000	2009 %	2008 %	2009 R’000	2008 R’000	2009 R’000	2008 R’000
Motor retail and related services
Autohaus Centurion (Pty) Limited	^*	50	50	–	–	–	–
Coltish Investments (Pty) Limited	^*	100	100	–	–	–	–
Eliance (Pty) Limited	^*	100	100	–	–	–	–
Inyanga Motors (Pty) Limited	^*	80	90	–	–	–	–
Inyanga Plaza Investments (Pty) Limited	^*	80	90	–	–	–	–
Kunene Motor Holdings Limited	^*	60	51	–	–	–	–
McCarthy Car Hire (Botswana) (Pty) Limited⁽⁹⁾	^*	100	100
McCarthy Car Hire Namibia (Pty) Limited⁽¹⁰⁾	^*	90	90	–	–	–	–
McCarthy Investments Namibia (Pty) Limited⁽¹⁰⁾	^*	90	90	–	–	–	–
Bidvest Capital (Proprietary) Limited	8	100	100	–	–	–	–
McCarthy Limited	1 183 907	100	100	790 460	785 818	(6 065)	(6 065)
McCarthy Retail Finance (Pty) Limited	^*	100	100	–	–	–	–
McLife Assurance Company Limited	10 000	100	100	–	–	–	–
McProp Properties (Pty) Limited	90	100	100	–	–	–	–
McSure Limited	10 000	100	100	–	–	–	–
Viamax (Pty) Limited	15	100	100	416 981	416 981	–	–
Viamax Fleet Solutions (Pty) Limited	^*	100	100	–	–	–	–
Group services, investment, property and dormant companies
Airport Logistics Property Holdings (Pty) Limited	^*	50	50	142	142	–	–
BB Investment Company (Pty) Limited	^*	100	100	–	–	–	–
BICP Offshore Holdings (Pty) Limited	^*	100	100	–	–	1 993	1 970
Bid Corporate Services (Pty) Limited^#	^*	100	100	–	–	52	52
Bid Corporation (Pty) Limited	^*	100	100	2 541	1 689	1 256 622	1 254 210
Bid Corporation Offshore Investments Limited⁽⁷⁾	13	100	100	–	–	–	–
Bid Foodservice Products Division (IOM) Limited⁽⁷⁾	^*	100	100	–	–	–	–
Bid Industrial and Commercial Products (IOM) Limited⁽⁷⁾	^*	100	100	–	–	–	–
Bid Industrial and Commercial Products (Pty) Limited	^*	100	100	–	–	–	–
Bid Industrial Holdings (Pty) Limited	^*	100	100	124 751	143 366	750 530	461 018
Bid Property Holdings (Pty) Limited	^*	100	100	–	–	11 249	5 262
Bid Services Division (IOM) Limited	65	100	100	–	–	–	–
Bid Services Division (Pty) Limited	^*	100	100	371	291	621 566	568 974
Bid Services Division (UK) Limited⁽⁶⁾	^*	100	100	–	–	–	–
Bidcorp Finance Limited⁽⁷⁾	^*	100	100	–	–	–	–
Bidcorp Limited	16	100	100	–	–	–	–
Bidhold (Aus) Limited⁽⁷⁾	^*	100	100	–	–	–	–
Bidvest (Iom) Limited⁽⁷⁾	63 203	100	100	–	–	–	–
Bidvest (UK) Limited⁽⁶⁾	^*	100	100	–	–	–	–
Bidvest Fisheries Holdings (Pty) Limited⁽¹⁰⁾	1	68	62	–	–	–	–
Bidvest International Limited⁽⁷⁾	^*	100	100	–	–	–	–
Bidvest Namibia Limited⁽¹⁰⁾	163 303	90	90	212 727	289 428	1	–
Bidvest Commercial Holdings (Pty) Limited⁽¹⁰⁾	^*	90	90	–	–	–	–
Bidvest Wits University Football Club (Pty) Limited	^*	60	100	–	–	31 556	24 716
Elzet Development (Pty) Limited⁽¹⁰⁾	^*	90	90	–	–	–	–
Primeinvest 5 (Pty) Limited	^*	100	100	–	–	272 793	281 548
Siki Fox Properties (Pty) Limited	^*	100	50	–	–	–	–
Silveray Properties (Pty) Limited	^*	100	100	8 833	8 833	–	–
Skillion Limited⁽⁶⁾	13	100	100	–	–	–	–
Waltons Properties Namibia (Pty) Limited⁽¹⁰⁾	1	90	90	–	–	–	–
Other				473 061	441 321	(267 455)	(193 360)
				3 623 509	3 649 934	2 817 498	2 576 128