The Bidvest Group Limited - Audited summarised provisional consolidated financial results for the year ended June 30 2014

At a glance

Our global footprint Our Bidvest Promise

Financials

Summarised consolidated income statement Summarised consolidated statement of other comprehensive income Summarised consolidated statement of cash flows Summarised consolidated statement of financial position Summarised consolidated statement of changes in equity Summarised segmental analysis

Message to shareholders

Introduction Financial overview Acquisitions Prospects Divisional Review Bidvest South Africa Bidvest Foodservice Corporate Directorate Declaration of scrip distribution with a cash dividend alternative Basis of presentation

Administration

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Corporate

Bidvest Properties continued the development and refurbishment of premises for divisional operations, with strong focus on automotive. Cost-cutting continued at the UK-based Mansfield group of automotive, rescue and recovery businesses. At Ontime Automotive the contract was renewed for the UK and European distribution of Lotus vehicles while unit volumes rose on the BMW contract. Significant one off costs relating to the acquisition of Mvelaserve Limited were incurred. Bidvest continues to invest in the promotion of the ‘Bidvest” brand, both locally and internationally.