Consolidated segmental analysis

for the year ended June 30

The group has the following strategic segments: Bidfood Australasia, Bidfood United Kingdom, Bidfood Europe, Bidfood Emerging Markets, and Corporate, which are the reportable segments.

The reportable segments of the group have been identified based on the geographies of the businesses. This basis is representative of the internal structure for management purposes and management reports are reviewed by the executive management team on a monthly basis.


	2017 R'000	2016 R'000
Segmental revenue
Trading division
Bidfood	130 926 600	135 531 898
Australasia	29 440 177	30 333 998
United Kingdom	49 988 115	60 991 803
Europe	32 217 257	30 988 054
Emerging Markets	19 281 051	13 218 043

	130 926 600	135 537 531
Segmental trading profit
*Trading division*
Bidfood	5 561 375	4 904 980
Australasia	1 951 691	1 778 121
United Kingdom	1 334 774	1 473 927
Europe	1 175 195	1 053 640
Emerging Markets	1 101 715	599 292
Corporate	(55 100)	(76 403)
Bidvest Services	-	4 314
	5 506 275	4 832 891

Segmental operating profit
Trading division
Bidfood	5 383 728	4 693 656
Australasia	1 959 348	1 781 548
United Kingdom	1 025 380	1 238 853
Europe	1 111 526	1 084 742
Emerging Markets	1 287 474	588 513
Corporate	190 794	(22 799)
Bidvest Services	-	4 314
	5 574 522	4 675 171
Share-based payment expense	(97 569)	(48 653)
	5 476 953	4 626 518

Segment operating assets and liabilities include property, plant and equipment, investments, inventories, trade and other receivables, trade and other payables, provisions, operating lease liabilities, but excludes cash, borrowings, current taxation, post-retirement obligations and defined benefit pension assets and deferred taxation.


Segmental operating assets
Trading division
Bidfood	33 288 513	34 994 498
Australasia	7 152 869	7 603 598
United Kingdom	9 345 129	10 997 133
Europe	10 096 693	9 737 400
Emerging Markets	6 693 822	6 656 367
Corporate	171 093	936 113
	33 459 606	35 930 611

Segmental operating liabilities
Trading division
Bidfood	19 774 519	22 136 507
Australasia	4 136 876	4 492 916
United Kingdom	7 013 189	8 625 464
Europe	6 199 114	6 077 377
Emerging Markets	2 425 340	2 940 750
Corporate	95 976	131 378
	19 870 495	22 267 885
Segmental depreciation
Trading division
Bidfood	1 006 392	1 027 396
Australasia	213 473	223 653
United Kingdom	345 137	437 181
Europe	283 852	272 545
Emerging Markets	163 930	94 017
Corporate	3 160	196
Bidvest Services	-	56
	1 009 552	1 027 648

Segmental capital expenditure
Trading division
Bidfood	2 272 891	2 106 940
Australasia	734 697	557 067
United Kingdom	509 793	798 051
Europe	629 611	570 403
Emerging Markets	398 790	181 419
Corporate	3 448	5 125
Bidvest Services	-	263
	2 276 339	2 112 328


Segmental amortisation and impairments on intangible assets
Trading division
Bidfood	275 865	213 651
Australasia	10 394	13 371
United Kingdom	102 921	107 039
Europe	160 017	91 179
Emerging Markets	2 533	2 062
Corporate	102	-
	275 967	213 651

Segmental goodwill and intangible assets
Trading division
Bidfood	13 696 790	14 397 532
Australasia	2 611 184	2 894 964
United Kingdom	3 278 845	3 832 422
Europe	6 551 749	6 269 491
Emerging Markets	1 255 012	1 400 655
Corporate	1 514	8
	13 698 304	14 397 540

Employee benefits and remuneration
Trading division
Bidfood	13 948 936	12 448 422
Australasia	3 232 681	2 800 822
United Kingdom	5 390 873	5 867 248
Europe	3 591 346	2 714 670
Emerging Markets	1 734 036	1 065 682
Corporate	85 437	50 858
Bidvest Services	-	1 119
	14 034 373	12 500 399
Share-based payment expense	97 569	48 653
	14 131 942	12 549 052



	2017 Number	2016 Number
Number of employees
Trading division
Bidfood	25 587	24 041
Australasia	4 383	4 037
United Kingdom	8 928	8 978
Europe	6 230	5 711
Emerging Markets	6 046	5 315
Corporate	26	23
	25 613	24 064