Annual integrated report 2018

Notes to the separate financial statements 2018 % 2017 % 2018 R’000 2017 R’000 5. INVESTMENT IN SUBSIDIARIES Bidcorp Food Africa Proprietary Limited 100 100 3 053 173 3 053 173 Bidcorp Food Property Proprietary Limited 100 100 851 028 851 028 Bidcorp Foodservice International Limited (2) 100 100 1 440 209 1 440 209 Bidcorp International Limited (2) 100 100 1 254 897 1 254 897 Bidfood Limited (1) 100 100 11 11 Bidvest Food Malawi (5) 60 60 – 2 700 Bidvest Food Mauritius Limited (3) 100 100 # # BTW Investments Proprietary Limited 100 100 981 875 1 523 815 Crown Food Ingredients Zambia Limited (4) 60 60 3 652 3 652 7 584 845 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. Refer to note 2 for the impairment losses that were recognised in the financial year. A list of indirectly held subsidiaries is available for inspection at the registered office of the company. 2018 R’000 2017 R’000 6. CAPITAL AND RESERVES Stated capital 5 428 016 5 428 016 Reserves Retained earnings 2 192 058 2 703 575 Total capital and reserves comprise 7 620 074 8 131 591 Number ’000 Number ’000 Stated capital Authorised 540 000 000 ordinary shares of no par value (2017: 540 000 000 ordinary shares of no par value) Issued 335 404 212 ordinary shares of no par value (2017: 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. for the year ended June 30 148 Bid Corporation Limited Annual integrated report 2018