2017
%
2016
%
2017
R’000
2016
R’000
3.
INVESTMENT IN SUBSIDIARIES
Bidfood Limited
(1)
100
100
11
11
Bidcorp International Limited
(2)
100
100
1 254 897
1 254 897
Bidcorp Foodservice International Limited
(2)
100
100
1 440 209
1 440 209
Bidcorp Food Mauritius Limited
(3)
100
100
#
#
Crown Food Ingredients Zambia Limited
(4)
60
60
3 652
3 652
Bidcorp Food Malawi
(5)
60
60
2 700
2 700
Bidcorp Food Africa Proprietary Limited
100
100
3 053 173
3 053 173
Bidcorp Food Property Proprietary Limited
100
100
851 028
851 028
BTW Investments Proprietary Limited
100
100
1 523 815
1 523 815
8 129 485
8 129 485
Country of incorporation if not South Africa:
(1)
Botswana
(2)
Isle of Man
(3)
Mauritius
(4)
Zambia
(5)
Malawi
#
Amounts below R1 000.
Investment in subsidiaries are reflected at cost less accumulated impairment losses. No impairment was identified for the current financial
year (2016: Rnil).
A list of indirectly held subsidiaries is available for inspection at the registered office of the company.
2017
R’000
2016
R’000
4.
CAPITAL AND RESERVES ATTRIBUTABLE TO SHAREHOLDERS OF THE COMPANY
Stated capital
Stated capital
5 428 016
5 428 016
Reserves
Retained earnings
2 703 575
2 715 134
Total capital reserves comprise
Amounts attributable to shareholders of the company
8 131 591
8 143 150
Number
’000
Number
’000
Stated capital
Authorised
540 000 000 ordinary shares of no par value (2016: 540 000 000 ordinary shares of no par value)
Issued
335 404 212 ordinary shares of no par value (2016: 335 404 212 ordinary shares of no par value)
335 404
335 404
16 750 000 unissued no par value ordinary shares are under the control of the directors until the
next annual general meeting.
FINANCIAL OVERVIEW
Notes to the separate financial statements
for the year ended June 30
FINANCIAL STAT MENTS
Annual integrated report 2017
Bid Corporation Limited
142




