annexure a – interest in
subsidiaries and associates

 

										Company’s interests
				Effective holdings						Shares						Indebtedness
Significant subsidiaries	Country of incorporation if not SA	Note		2018 %			2017 %			2018¹ R’000			2017¹ R’000			2018¹ R’000			2017¹ R’000
Bidvest Automotive(A)
Autohaus Centurion Pty Ltd				50			50			–			–			–			–
Bidvest Car Rental (Botswana) Pty Ltd	3			100			100			–			–			–			–
Bidvest Car Rental (Namibia) Pty Ltd	12			100			100			–			–			–			–
Bidvest Car Rental Pty Ltd#				100			100			–			–			–			–
Coltish Investments Pty Ltd				100			100			–			–			–			–
Inyanga Motors Pty Ltd				100			100			–			–			–			–
Inyanga Plaza Investments Pty Ltd				100			90			–			–			–			–
Bidvest McCarthy Brands Pty Ltd				100			100			–			–			–			–
Kunene Motor Holdings Ltd				64			64			–			–			–			–
McCarthy Investments Pty Ltd				100			100			–			–			–			–
McCarthy Ltd				100			100			752 755			752 755			–			–
Bidvest Commercial(E,M)
Academy Brushware Pty Ltd#				100			100			–			–			–			–
Afcom Group Ltd				100			100			11 659			11 659			–			–
Airport Retail and Luggage Repairs (Coastal) Pty Ltd				100			100			–			–			–			–
Amalgamated Appliances Pty Ltd				100			100			–			–			–			–
Berzack Brothers Pty Ltd#				100			100			–			–			–			–
Bidvest Afcom Pty Ltd#				100			100			–			–			–			–
Bidvest Buffalo Tapes Pty Ltd#				100			100			–			–			–			–
Bidvest Commercial Products Holdings Pty Ltd				100			100			3 027 391			3 027 391			–			–
Bidvest Commercial Products Pty Ltd				100			100			–			–			59 713			–
Bidvest Industrial Pty Ltd				100			100			–			–			–			59 713
Bidvest Industrial Supplies Zambia Ltd	20			100			100			–			–			–			–
Bidvest Materials Handling Pty Ltd#				100			100			–			–			–			–
Bloch & Levitan Pty Ltd#				100			100			–			–			–			–
Brandcorp Holdings Pty Ltd				100			100			–			–			–			–
Brandcorp Hong Kong Ltd	5			100			100			–			–			–			–
Brandcorp Pty Ltd				100			100			–			–			–			–
Brandcorp Transformation Corporation Pty Ltd				100			100			–			–			–			–
Clockwork Giant Clothing Pty Ltd	15			100			100			–			–			–			–
G Fox Pty Ltd#				100			100			–			–			–			–
G Fox Swaziland Pty Ltd	15			75			75			–			–			–			–
G Fox Supplies Pvt Ltd	21			51			51			–			–			–			–
Giant Clothing Ltd	9			100			100			–			–			–			–
Home of Living Brands Group Ltd				100			100			–			–			–			–
Home of Living Brands Pty Ltd				100			100			–			–			–			–
Lamobyte Pty Ltd				100			100			–			–			–			–
Main Street 573 Pty Ltd				70			100			–			–			–			–
Plumblink (SA) Pty Ltd				100			100			–			–			–			–
Ram Fasteners Pty Ltd#				100			100			–			–			(2 419)			(2 419)
Renttech Holdings Pty Ltd				100			100			–			–			–			–
Renttech South Africa Pty Ltd				100			100			–			–			–			–
Renttech Trading Pty Ltd				100			100			–			–			–			–
Sellotape Pty Ltd				100			100			–			–			–			–
SMC Sales Logistics Pty Ltd				100			100			–			–			–			–
Southern African Welding and Industrial Supplies Pty Ltd	12			100			100			–			–			–			–
Tedelex Manufacturing Pty Ltd				100			100			–			–			–			–
Tedelex Properties (Atlantis) Pty Ltd				100			100			–			–			–			–
Tuning Fork Pty Ltd t/a Yamaha				100			100			–			–			34 500			34 500
Vulcan Catering Supplies Pty Ltd#				100			100			–			–			–			–
Bidvest Electrical(B)
Bellco Electrical Pty Ltd				100			100			–			–			–			–
Eagle Lighting Pty Ltd				100			100			–			–			–			–
Eagle Lighting George ( Pty) Ltd				100			74			–			–			–			–
EMS Invirotel Energy Management Pty Ltd				100			60			–			–			–			–
Mubelo Electrical Pty Ltd	10			80			80			–			–			–			–
Solid State Power Pty Ltd				50			50			–			–			–			–
Technilamp Pty Ltd				100			100			–			–			–			–
Versalec Cables Pty Ltd				100			100			83 315			83 315			–			–
Voltex Botswana Pty Ltd	3			70			70			–			–			–			–
Voltex Holdings Ltd				100			100			245 972			245 982			–			–
Voltex MVLV Solutions Pty Ltd				84			56			–			–			–			–
Voltex Pty Ltd				100			100			–			–			–			–
Bidvest Financial Services(C)
Bid Finserv Capital Pty Ltd^				100			–			–			–			–			–
Bidvest Bank Holdings Ltd				100			100			540 036			540 036			–			–
Bidvest Bank Ltd				100			100			–			–			–			–
Bidvest Insurance Brokers Pty Ltd				100			100			–			–			–			–
Bidvest Insurance Group Pty Ltd				100			100			797 431			797 431			–			–
Bidvest Insurance Ltd				100			100			–			–			–			–
Bidvest Leasing Pty Ltd				100			100			–			–			–			–
Bidvest Life Ltd				100			100			–			–			–			–
Bidvest Merchant Services Pty Ltd^				100			–			–			–			–			–
Cannon Asset Managers Pty Ltd^				100			–			–			–			–			–
Cash Axcess Corporation Pty Ltd^				100			–			–			–			–			–
Cignet Administration Services Pty Ltd		1		51			51			–			–			–			–
Compendium Group Investment Holdings Pty Ltd				51			51			–			–			–			–
Compendium Insurance Brokers Pty Ltd		1		45			45			–			–			–			–
Compendium Insurance Brokers Cape Town Pty Ltd		1		51			48			–			–			–			–
Compendium Insurance Brokers Eastern Cape Pty Ltd		1		51			46			–			–			–			–
Compendium Insurance Brokers Gauteng Pty Ltd		1		51			43			–			–			–			–
Compendium Insurance Brokers Pietermaritzburg Pty Ltd				51			48			–			–			–			–
Edge Insurance Brokers Pty Ltd		1		31			–			–			–			–			–
Financial Management International Pty Ltd				100			100			–			–			–			–
FinGlobal Holdings Pty Ltd^				70			–			–			–			–			–
Glassock and Associates Pty Ltd				51			51			–			–			–			–
Master Currency Pty Ltd				100			100			16 881			16 881			–			–
McCarthy Retail Finance Pty Ltd				100			100			–			–			–			–
Namibia Bureau de Change Pty Ltd	12			77			77			–			–			–			–
Rennies Foreign Exchange (Botswana) Pty Ltd	3			51			51			–			–			–			–
Swift Auto Brokers Pty Ltd		1		51			51			–			–			–			–
Taxi and Transport Brokers Pty Ltd		1		36			36			–			–			–			–
Tradeflow Pty Ltd				50			50			–			–			–			–
Viamax Fleet Solutions Pty Ltd				100			100			–			–			–			–
Viamax Pty Ltd				100			100			–			–			–			–
Bidvest Freight(D)
African Shipping Ltd				100			100			–			–			–			–
Bidfreight Intermodal Pty Ltd				100			100			–			–			–			–
Bidfreight Port Operations Pty Ltd				100			100			–			–			–			–
Bidvest Freight Management Services Pty Ltd				100			100			–						–
Bidvest Freight Pty Ltd				100			100			7 435 793			7 435 793			–			–
Bidvest Freight Terminals Pty Ltd				100			100			–			–			–			–
Bulk Connections Pty Ltd				100			100			–			–			–			–
Durban Coal Terminals Company Pty Ltd				100			100			–			–			–			–
Ensimbini Terminals Pty Ltd				50			50			–			–			–			–
Island View Storage Ltd				100			100			–			–			–			–
Island View Storage Richards Bay Pty Ltd				100			100			–			–			–			–
Naval Servicos A Navegacao LTDA	11			100			100			–			–			–			–
P & I Associates Pty Ltd				100			100			–			–			–			–
Panargo Shipping Pty Ltd				100			100			–			–			–			–
Renfreight Pty Ltd				100			100			–			–			–			–
Rennie Murray and Company Pty Ltd				100			100			–			–			–			–
Rennies Ships Agency Mozambique Limitada	11			100			100			–			–			–			–
Rennies Ships Agency Pty Ltd				100			100			–			–			–			–
Safcor Freight Pty Ltd (t/a Bidvest Panalpina Logistics)				100			100			–			–			–			–
South African Bulk Terminals Ltd				100			100			–			–			–			–
South African Container Depots Pty Ltd				100			100			–			–			–			–
South African Container Stevedores Pty Ltd				82			82			–			–			(618)			(618)
Bidvest Office and Print(F,G)
Africmail Advertising Pty Ltd				100			100			–			–			–			–
Back to School Pty Ltd				100			100			–			–			(36)			(36)
Bartrans Pty Ltd^				100			–			–			–			–			–
Bid Enterprise Development Pty Ltd				100			100			–			–			–			–
Bid Information Exchange Pty Ltd				100			100			–			–			–			–
Bidoffice Furniture Manufacturing Pty Ltd				100			100			–			–			–			–
Bidvest Medical Pty Ltd				100			100			–			–			–			–
Bidvest Monitoring Solutions Pty Ltd				100			100			–			81 000			–			–
Bidvest Office and Print Pty Ltd				100			100			1 246 352			1 246 352			–			–
Bidvest Office Holdings Pty Ltd				100			100			–			–			–			–
Bidvest Office Pty Ltd				100			100			–			–			–			(2 000)
Bidvest Paperplus Pty Ltd				100			100			–			–			–			–
Blesston Printing and Associates Pty Ltd				100			100			–			–			–			–
BMS Pty Ltd	3			–			60			–			–			–			–
Budget Desks and Chairs Pty Ltd				100			100			–			–			–			–
Business Forms Properties Pty Ltd				100			100			–			–			–			–
Cecil Nurse Pty Ltd				100			100			–			–			–			–
Contract Office Products Pty Ltd				100			100			–			–			–			–
Dauphin Office Seating S.A. Pty Ltd				71			71			1 329			1 329			–			–
Ditulo Office Pty Ltd				100			100			2 656			2 656			–			–
Email Connection Pty Ltd				100			100			1 708			1 708			–			–
Expressed Solutions Pty Ltd				100			100			–			–			–			–
Federal Business Communications Pty Ltd				100			100			–			–			–			–
Hortors Stationery Pty Ltd				100			100			–			–			–			–
Kolok Pty Ltd				100			100			–			–			–			–
Lithotech Afric Mail Cape Pty Ltd				100			100			–			–			–			–
Lithotech Afric Mail JHB Pty Ltd				100			100			–			–			–			–
Lithotech Corporate Pty Ltd		2		49			49			–			–			–			–
Lithotech Group Services Pty Ltd				100			100			–			–			–			–
Lithotech International Ltd	19			100			100			–			–			–			–
Lithotech Labels Pty Ltd				100			100			–			–			–			–
Lithotech Mailing Services Pty Ltd				100			100			–			–			–			–
Lithotech Manufacturing Pinetown Pty Ltd				100			100			–			–			–			–
Lithotech Sales Cape Pty Ltd				100			100			–			–			–			–
Lithotech Sales Johannesburg Pty Ltd				100			100			–			–			–			–
Lithotech Sales Port Elizabeth Pty Ltd				100			100			–			–			–			–
Lithotech Sales Pretoria Pty Ltd				100			100			–			–			–			–
Lufil Packaging Pty Ltd				100			100			59 244			59 244			(73 462)			(73 462)
Minolco Pty Ltd				100			100			–			–			–			–
Mocobe Properties Pty Ltd				100			100			–			–			–			–
Modus Properties Pty Ltd				100			100			–			–			–			–
Nuclear Corporate Furniture Pty Ltd				100			100			–			–			–			–
nVision IT Pty Ltd				–			60			–			–			–			–
nVision Mauritius Pty Ltd	10			–			60			–			–			–			–
nVisionIT Australia Pty Ltd	2			–			60			–			–			–			–
Office Technique Pty Ltd	3			–			60			–			–			–			–
Officeshelf Pty Ltd				100			100
Offurn Clearance House Pty Ltd				100			100
Ozalid South Africa Pty Ltd				100			100			–			–			–			–
Pago Design Pty Ltd				100			100			–			–			600			600
Paragon Business Communications Ltd				100			100			–			58 709			–			–
Pencil Park Pty Ltd				100			100
Rangecom Pty Ltd	3			–			60			–			–			–			–
Rotolabel (Tvl) Pty Ltd				100			100			–			–			–			–
S&N Labels Pty Ltd				100			100
Seating Pty Ltd				100			100			–			–			–			–
Silapha Office Products Pty Ltd				100			100
Silveray Manufacturers Pty Ltd				100			100			–			–			–			–
Silveray Statmark Company Pty Ltd				100			100			9 844			9 844			(9 844)			(9 844)
South African Diaries Pty Ltd				100			100			–			–			–			–
The Stationary Centre Pty Ltd				100			100			–			–			–			–
Waltons Pty Ltd				100			100			31			31			(31)			(31)
Zinhle Printers Pty Ltd				100			100
Zonke Gaming Systems Pty Ltd				100			100			–			–			–			–
Zonke Monitoring Systems Pty Ltd				78			78			–			–			–			–
Bidvest Services(H,I,J)
Al Jaber Coin Security Company LLC	18	2		49			49			–			–			–			–
B M O Food Services Pty Ltd				100			100			–			–			–			–
Bidair Services Pty Ltd				100			100			–			–			(11 734)			(11 734)
Bidtrack Pty Ltd				100			100			–			–			–			–
Bidtravel Pty Ltd				100			100			–			–			–			–
Bidvest (Zambia) Pty Ltd	20			100			100			3 661			3 661			–			–
Bidvest Catering Services Pty Ltd				100			100			–			–			–			–
Execuflora Pty Ltd				100			100			–			–			–			–
Bidvest Facilities Management Pty Ltd				100			100			–			–			–			–
Bidvest Media Pty Ltd				50			50			–			–			–			–
Bidvest Protea Coin Assets In Transit And Armed Reaction Pty Ltd				100			100			–			–			–			–
Bidvest Protea Coin Cargo Protection Pty Ltd				100			100			–			–			–			–
Bidvest Protea Coin Fencing Pty Ltd				100			100			–			–			–			–
Bidvest Protea Coin Pty Ltd				100			100			–			–			–			–
Bidvest Protea Coin Technical And Physical Security Pty Ltd				100			100			–			–			–			–
Bidvest Services (ROI) Limited^	13			100			–			–			–			–			–
Bidvest Services Group (UK) Limited^	19			100			–			–			–			–			–
Bidvest Services (UK) Limited	19			100			–			–			–			–			–
Bidvest Services Holdings Ltd				100			100			–			–			–			–
Bidvest Services Pty Ltd				100			100			–			–			–			–
Bidvest Steripic and Promosachets Pty Ltd				100			100			–			–			–			–
Bidvest Travel Holdings Pty Ltd				100			100			–			–			–			(11 500)
Bosnandi Laundry Pty Ltd				51			51			–			–			–			–
Brookfield Investments 315 Pty Ltd				100			100			–			–			–			–
Bushbreaks & More Pty Ltd				100			100			6 196			20 409			–			–
CI Services Limited	10			60			60			–			–			–			–
Coin Aviation Security Pty Ltd				100			100			–			–			–			–
Commuter Handling Services Pty Ltd				60			60			8 063			8 063			–			–
Concorde Travel Pty Ltd t/a Carlson Wagonlit Travel				90			90			47 045			47 045			–			–
Connex Travel Pty Ltd t/a BCD Travel				50			61			27 984			27 984			6 738			6 738
Cruises International Pty Ltd				100			100			–			–			–			–
Cudha SARL	11			100			100			–			–			–			–
Dinatla Property Services Pty Ltd				100			100			3 120			3 120			–			–
Dinosi Cleaning Services Pty Ltd				55			55			–			–			–			–
EAS Kenya Ltd	7			100			100			–			–			–			–
EAS Tanzania Ltd	16			100			100			–			–			–			–
EAS Uganda Ltd	17			100			100			–			–			–			–
EAS Zambia Ltd	20			60			60			1 231			1 231			–			–
EAS Zimbabwe Pvt Ltd	21			70			70			734			2 921			–			–
Express Air Services (Namibia) Pty Ltd	12			100			100			–			–			–			–
Express Air Services Pty Ltd#				100			100			–			–			–			–
First Garment Rental Pty Ltd				100			100			–			–			–			–
Global Payment Technologies Pty Ltd				100			100			44 301			44 301			(71 734)			(71 734)
Harvey World Travel Southern Africa Pty Ltd				100			100			9 912			9 912			–			–
Hotel Amenities Suppliers Pty Ltd				100			100			–			–			–			–
Ikhayelihle Royalserve Cleaning Services Pty Ltd				100			100			–			–			–			–
Industro-Clean Botswana Pty Ltd	3			100			100			–			–			–			–
Ithabeleng Food Services Pty Ltd				100			100			–			–			–			–
King Pie Holdings Pty Ltd				100			100			–			–			–			–
LTP Mast and Infrastructure Services Pty Ltd				100			100			–			–			–			–
Macardo Lodge Pty Ltd t/a Travelwise	3			51			51			–			–			–			–
Masterguard Fabric Protection Africa Pty Ltd				100			100			2 597			2 597			(3 248)			(3 248)
Mediguard WIC Cleaning Services (Lesotho) Pty Ltd	8			51			51			–			–			–			–
Nomtsalane Property Services Pty Ltd				86			86			–			–			–			–
Noonan Services Group NI (UK) Limited^	6			100			–			–			–			–			–
Noonan Services Group (UK) Limited^	19			100			–			–			–			–			–
Noonan Services Group Limited^	13			100			–			–			–			–			–
Protea Aviation Pty Ltd				100			100			–			–			–			–
Protea Coin Group Ghana Ltd	4			100			100			–			–			–			–
Protea Security Services (West Rand) Pty Ltd				100			100			–			–			–			–
Pureau Fresh Water Company Pty Ltd				82			82			24 570			24 570			–			–
QMS Consulting Pty Ltd				100			100			–			–			–			–
Rebserve Facilities Management Pty Ltd				80			80			–			–			–			–
Rennies Travel Pty Ltd t/a HRG Rennies Travel				100			100			–			–			–			–
Retro Viral Online Brading Pty Ltd				–			35			–			–			–			–
RMI SA Pty Ltd				100			100			7 266			7 266			(7 266)			(7 266)
Royalmnandi Duduza Pty Ltd				60			60			–			–			–			–
Royal Mozambique Ltda	11			60			60			–			–			–			–
SA Water Cycle Group Pty Ltd				100			100			–			–			–			–
Steiner Hygiene Pty Ltd				100			100			–			–			–			–
Steiner Hygiene Swaziland Pty Ltd	15			100			100			–			–			–			–
Taemane Cleaning Services Pty Ltd				100			100			–			–			–			–
TFMC FM Services Pty Ltd				100			100			–			–			–			–
TFMC Holdings Pty Ltd				100			100			–			–			–			–
TMS Group Industrial Services Pty Ltd				100			100			–			–			–			–
Top Turf Botswana Pty Ltd	3			100			100			–			–			–			–
Top Turf Group Pty Ltd				100			100			4			4			(4)			(4)
Top Turf Lesotho Pty Ltd	8			100			100			–			–			–			–
Top Turf Mauritius Pty Ltd	10			100			100			–			–			–			–
Top Turf Seychelles Pty Ltd	14			100			100			–			–			–			–
Top Turf Swaziland Pty Ltd	15			100			100			–			–			–			–
Travel Connections Pty Ltd				100			100			20 500			20 500			–			–
Ultimate Security Services Limited^	19			100			–			–			–			–			–
Umoja Property Solutions Pty Ltd				51			51			–			–			–			–
Bidvest Namibia(B,D,F,J,K,L)
Atlantic Harvesters of Namibia Pty Ltd*	12			–			36			–			–			–			–
Bidvest Namibia Automotive Otjiwarongo Pty Ltd	12			52			52			–			–			–			–
Bidvest Namibia Automotive Pty Ltd	12			52			52			–			–			–			–
Bidvest Namibia Commercial and Industrial Services Pty Ltd	12			52			52			–			–			–			–
Bidvest Namibia Commercial Holdings Pty Ltd	12			52			52			–			–			–			–
Bidvest Namibia Fisheries Holdings Pty Ltd*	12			–			52			–			–			–			–
Bidvest Namibia Information Technology Pty Ltd	12			52			52			–			–			–			–
Bidvest Namibia Ltd	12			52			52			249 253			249 253			(1)			(1)
Bidvest Namibia Management Services Pty Ltd	12			52			52			–			–			–			–
Bidvest Namibia Plumblink Pty Ltd	12			52			52			–			–			–			–
Bidvest Namibia Property Holdings Pty Ltd	12			52			52			–			–			–			–
Bidvest Prestige Cleaning Pty Ltd	12			52			52			–			–			–			–
Carheim Investments Pty Ltd	12			52			52			–			–			–			–
Caterplus Namibia Pty Ltd	12			52			52			–			–			–			–
Cecil Nurse Namibia Pty Ltd	12			52			52			–			–			–			–
Comet Investments Capital Incorporated	1	1		36			36			–			–			–			–
Diroyal Motor (SWA) Pty Ltd	12			52			52			–			–			–			–
Elzet Development Pty Ltd	12			52			52			–			–			–			–
Frigocentre Limitada	1	1		18			18			–			–			–			–
Glenryck South Africa Pty Ltd		1		27			27			–			–			–			–
GSA Trading Namibia Pty Ltd	12	1		27			–			–			–			–			–
Kolok (Namibia) Pty Ltd	12			52			52			–			–			–			–
Lenkow Pty Ltd	12			52			52			–			–			–			–
Lubrication Specialists Pty Ltd	12			52			52			–			–			–			–
Luderitz Bay Shipping & Forwarding Pty Ltd	12			52			52			–			–			–			–
Manica Group Namibia Pty Ltd	12			52			52			–			–			–			–
Manica Trading Pty Ltd	12			52			52			–			–			–			–
Matador Enterprises Pty Ltd	12			52			52			–			–			–			–
Minolco (Namibia) Pty Ltd	12			52			52			–			–			–			–
Monjasa Namibia Pty Ltd	12	1		30			30			–			–			–			–
Mukorob Pelagic Processors Pty Ltd*	12	1		–			36			–			–			–			–
Namfish Pelagic Industries Pty Ltd*	12	1		–			36			–			–			–			–
Namibian Sea Products Ltd*	12	1		–			36			–			–			–			–
Namsov Fishing Enterprises Pty Ltd*	12	1		–			36			–			–			–			–
Namsov Industrial Properties Pty Ltd	12	1		52			36			–			–			–			–
Ocean Fresh Pty Ltd*	12	1		–			36			–			–			–			–
Orca Marine Service Pty Ltd	12	1		31			31			–			–			–			–
Pesca Fresca Ltd	1	1		18			18			–			–			–			–
Rennies Travel (Namibia) Pty Ltd	12			52			52			–			–			–			–
Sarusas Development Corporation Pty Ltd*	12	1		36			36			–			–			–			–
Shelfco Investments One Seven Zero Pty Ltd	12			52			52			–			–			–			–
Starting Right Investments Two Zero Five Pty Ltd	12	1		36			36			–			–			–			–
T&C Properties Namibia Pty Ltd	12			52			52			–			–			–			–
T&C Trading Pty Ltd	12			52			52			–			–			–			–
Taeuber & Corssen SWA Pty Ltd	12			52			52			–			–			–			–
Tetelestai Mariculture Pty Ltd*	12	1		–			36			–			–			–			–
Trachurus Fishing Pty Ltd*	12	1		–			36			–			–			–			–
Twafika Fishing Enterprises Pty Ltd*	12			–			27			–			–			–			–
United Fishing Enterprises Pty Ltd	12	1		52			36			–			–			–			–
Voltex Namibia Pty Ltd	12			52			52			–			–			–			–
Waltons Namibia Pty Ltd	12			52			52			–			–			–			–
Walvis Bay Airport Services Pty Ltd	12			52			52			–			–			–			–
Walvis Bay Stevedoring Company Pty Ltd	12	1		29			29			–			–			–			–
Woker Freight Services Pty Ltd	12			52			52			–			–			–			–
Bidvest Properties(L)
Airport Logistics Property Holdings Pty Ltd				50			50			–			–			–			–
Bidvest Properties Holdings Pty Ltd				100			100			4 364 217			319 563			–
Bidvest Properties Pty Ltd				100			100			–			604 024			–			–
Gerlan Properties Pty Ltd				50			50			–			5 700			–			–
Mercland Pty Ltd				50			50			–			–			–			–
Micawber 239 Pty Ltd				50			50			–			–			–			–
Micawber 240 Pty Ltd				50			50			–			–			–			–
Trustone Investments Pty Ltd				100			100			–			–			–			–
Bidvest Corporate(L)
BB Investment Company Pty Ltd#				100			100			–			–			–			–
Bid Services Division (IOM) Ltd	6			100			100			–			–			–			–
Bid Services Division (UK) Ltd	19			100			100			–			–			–			–
Bid Services Division (Mauritius) Ltd	10			100			100			–			–			–			–
Bid Services Division Pty Ltd				100			100			–			–			1 152			867
The Bidvest Education Trust				100			100			–			–			–			–
The Bidvest Incentive Scheme Trust				100			100			–			–			570			570
The Bidvest Group (UK) Limited^	19			100			100			4			–			–			–
Bidvest Outsourced Services Ltd	19			100			100			–			–			–			–
Bidvest Property Ltd	19			100			100			–			–			–			–
Bidvest Corporate Services Pty Ltd#				100			100			–			–			52			52
Bidvest Freight UK Limited	19			100			100			–			–			–			–
Bidvest Industrial Holdings Pty Ltd				100			100			3 650 837			2 759 837			27 214			28 365
Bidvest Procurement Pty Ltd#				100			100			–			–			–			–
Bidvest Treasury Services Pty Ltd				100			100			–			–			–			–
Bidvest Wits University Football Club Pty Ltd				60			60			45 953			45 953			–			–
Bidvestco Ltd				100			100			44 068			44 068			(44 068)			(44 068)
Brentwood Technical Services Ltd	19			100			100			–			–			–			–
DH Mansfield Group Ltd	19			80			80			–			–			–			–
DH Mansfield Ltd	19			80			80			–			–			–			–
Ontime Automotive Ltd	19			100			100			–			–			–			–
Ontime Global Automotive Transport
Services Ltd	19			100			100			–			–			–			–
Skillion Ltd	19			100			100			–			–			–			–
Other										161 213			157 130			(205 295)			(205 499)
										22 955 126			18 781 328			(299 221)			(312 059)
Significant associates
“K” Line Shipping (South Africa) Pty Ltd				49			49			–			–			–			–
Adcock Ingram Holdings Ltd				38			38			–			–			–			–
Comair Ltd				27			27			–			–			–			–
Compendium Insurance Brokers Zululand Pty Ltd		3		17			17			–			–			–			–
Experience Delivery Comany Pty Ltd		1		48			48			–			–			–			–
Ilembe Aiport Construction Services Pty Ltd				20			20			–			–			–			–
Imperial McCarthy Pty Ltd				50			50			–			–			–			–
Ocean Network Express Pty Ltd				33			–			1 023			–			–			–
Rainprop Pty Ltd				20			20			–			–			–
Sebenza Forwarding & Shipping Pty Ltd (March 31 year-end)				45			45			5 011			5 011			–			–
Watersure Pty Ltd		3		13			13			–			–			–			–
Other										477			477			1 056			1 056
										6 511			5 488			1 056			1 056

^	acquired during 2018
*	disposed with effect from 30 June 2018
#	trading as an agent
¹-	Zero indicates less than R1 000

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

	COUNTRY OF INCORPORATION IF NOT SOUTH AFRICA
1	Angola	12	Namibia
2	Australia	13	Republic of Ireland
3	Botswana	14	Seychelles
4	Ghana	15	Swaziland
5	Hong Kong	16	Tanzania
6	Isle of Man	17	Uganda
7	Kenya	18	United Arab Emirates
8	Lesotho	19	United Kingdom
9	Malawi	20	Zambia
10	Mauritius	21	Zimbabwe
11	Mozambique

1	The investment in this subsidiary is held indirectly. Control is obtained through the shareholding in the respective subsidiary’s holding company.
2	The Group has power over this subsidiary as it has the ability to direct the relevant activities of the subsidiary unilaterally.
3	The investment in this associate is held indirectly. Significant interest is obtained through the shareholding in the respective associate’s holding company.

	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
(E)	Distributor of forklifts, power and marine products, music and sound equipment, packaging closures and catering equipment
(F)	Distributor of office stationery; furniture and office automation products and related
(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 and investment
(M)	Distributor of electrical appliances
(N)	Manufacturer, marketer and distributor of healthcare products
(O)	Property holding
(P)	Construction
(Q)	Public private partnership