Interest in subsidiaries, joint ventures and associates
at June 30

	Effective holdings		Shares		Indebtedness
Major subsidiaries	2011 %	2010 %	2011 R’000	2010 R’000	2011 R’000	2010 R’000
Bidvest Namibia^{(B,D,F,J,K,L)}
Bidvest Fisheries Holdings (Pty) Limited⁽¹⁴⁾	52	52	–	–	–	–
Bidvest Namibia Commercial Holdings (Pty) Limited⁽¹⁴⁾	52	52	–	–	–	–
Bidvest Namibia Information Technology (Pty) Limited⁽¹⁴⁾	52	52	–	–	–	–
Bidvest Namibia Limited⁽¹⁴⁾	52	52	224 534	212 806	⁽¹⁾	⁽¹⁾
Bidvest Namibia Property Holdings (Pty) Limited⁽¹⁴⁾	52	52	–	–	–	–
Budget Rent a Car (Pty) Limited⁽¹⁴⁾	52	52	–	–	–	–
Caterplus Namibia (Pty) Limited⁽¹⁴⁾	52	52	–	–	–	–
Cecil Nurse Namibia (Pty) Limited⁽¹⁴⁾	52	52	–	–	–	–
Elzet Development (Pty) Limited⁽¹⁴⁾	52	52	–	–	–	–
Kolok (Namibia) (Pty) Limited⁽¹⁴⁾	52	52	–	–	–	–
Lubrication Specialists (Pty) Limited⁽¹⁴⁾	52	52	–	–	–	–
Luderitz Bay Shipping & Forwarding (Pty) Limited⁽¹⁴⁾	52	52	–	–	–	–
Manica Group Namibia (Pty) Limited⁽¹⁴⁾	52	52	–	–	–	–
Minolco (Namibia) (Pty) Limited⁽¹⁴⁾	52	52	–	–	–	–
Namibian Sea Products Limited⁽¹⁴⁾	36	36	–	–	–	–
Namsov Fishing Enterprises (Pty) Limited⁽¹⁴⁾	36	36	–	–	–	–
Namsov Industrial Properties (Pty) Limited⁽¹⁴⁾	36	36	–	–	–	–
Rennies Travel (Namibia) (Pty) Limited⁽¹⁴⁾	52	52	–	–	–	–
Trachurus Fishing (Pty) Limited⁽¹⁴⁾	27	27	–	–	–	–
Twafika Fishing Enterprises (Pty) Limited⁽¹⁴⁾	39	39	–	–	–	–
Voltex Namibia (Pty) Limited⁽¹⁴⁾	52	52	–	–	–	–
Waltons Namibia (Pty) Limited⁽¹⁴⁾	52	52	–	–	–	–
Walvis Bay Airport Services (Pty) Limited⁽¹⁴⁾	52	52	–	–	–	–
Walvis Bay Stevedoring Company (Pty) Limited⁽¹⁴⁾	29	29	–	–	–	–
Woker Freight Services (Pty) Limited⁽¹⁴⁾	52	52	–	–	–	–

Amounts owing by or to subsidiaries, joint ventures and associates are unsecured, interest free and have no fixed terms of repayment.


*	Less than R1 000
^#	Trading as an agent

Country of incorporation if not South Africa
⁽¹⁾	Australia	⁽¹⁴⁾	Namibia
⁽²⁾	Belgium	⁽¹⁵⁾	Netherlands
⁽³⁾	Botswana	⁽¹⁶⁾	New Zealand
⁽⁴⁾	China	⁽¹⁷⁾	Poland
⁽⁵⁾	Czech Republic	⁽¹⁸⁾	Saudi Arabia
⁽⁶⁾	Democratic Republic	⁽¹⁹⁾	Seychelles
	of Congo	⁽²⁰⁾	Singapore
⁽⁷⁾	Hong Kong	⁽²¹⁾	Slovakia
⁽⁸⁾	Isle of Man	⁽²²⁾	Swaziland
⁽⁹⁾	Lesotho	⁽²³⁾	United Arab Emirates
⁽¹⁰⁾	Malawi	⁽²⁴⁾	United Kingdom
⁽¹¹⁾	Malaysia	⁽²⁵⁾	United States of America
⁽¹²⁾	Mauritius	⁽²⁶⁾	Zambia
⁽¹³⁾	Mozambique	⁽²⁷⁾	Zimbabwe

Nature of business
^(A)	Motor vehicle retailing and related services
^(B)	Manufacturer and distributor of electrical products and services
^(C)	Banking products and services, foreign exchange and insurance
^(D)	Freight, forwarding, clearing, distribution, warehousing and allied activities
^(E)	Distributor of forklifts, power and marine products, music and sound equipment, electrical appliances, packaging closures and catering equipment
^(F)	Distributor of office stationery; furniture and office automation products and related services
^(G)	Manufacturer, supplier and distributor of commercial office products, printer products, services, stationery and packaging products
^(H)	Rental hygiene equipment, garments and water coolers; suppliers of consumables, specialised clothing and laundry services
^(I)	Cleaning, hygiene, security, and interior and exterior landscaping services
^(J)	Travel management services, aviation services and car rental
^(K)	Catering supplies, food and allied products
^(L)	Group services, investment and property holding

Interest in subsidiaries, joint ventures and associates
at June 30

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The Bidvest Group Limited

INTEGRATED Annual report 2011

Interest in subsidiaries, joint ventures and associates at June 30

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Group overview

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Interest in subsidiaries, joint ventures and associates
at June 30