Annual integrated report 2018

This is Bidcorp ifc – 13 ifc About this report 02 Chairman’s statement 04 Board of directors 06 Our food adventure 07 Bidcorp global offering 08 Strategy and business model 10 Stakeholder engagement 11 Risks and opportunities Financial statements 60 – ibc 62 Financial statements 150 Shareholders’ information 152 Shareholders’ diary 152 Glossary of terms and acronyms ibc Administration ESG review 48 - 59 50 How we “ESG” our business 52 Environment 54 Social 56 Governance Leadership review 14 – 23 16 Chief executive’s report 20 Chief financial officer’s report Divisional reviews 24 – 47 26 Bidfood Australasia 31 Bidfood United Kingdom 36 Bidfood Europe 41 Bidfood Emerging Markets 46 Bidcorp Corporate Human The competencies, capabilities and experience of our employees and globally diverse management team, enabling us to deliver our products and services and implement our strategy, thereby creating value for our stakeholders. Financial The funding and financial resources available to and deployed by the group including finance raised, revenue generated, interest income and funds reinvested. Social and relationship Stakeholder relationships and engagement making up the critical, long-term relationships that we have cultivated with customers, suppliers and business partners in developing our internationally recognised corporate reputation. Bidcorp’s six capitals: Intellectual Organisational knowledge, systems, protocols and intellectual property in particular the innovative cutting-edge online customer and supplier interfaces being used internationally to simplify, streamline and create efficiencies in our business process end-to-end; providing us with our competitive advantage. Manufactured The physical infrastructure used to sell products includes distribution centres (owned and leased) and the IT systems throughout the business enabling us to procure, import, deliver and sell our products and services around the world. Natural Environmental resources form the foundation of our products and services. Sourcing food products locally, delivering them efficiently and responsibly whilst protecting and enabling the long-term sustainability of food production. Stakeholders key: Customers Suppliers Employees Shareholders Environment Communities Authorities Partners Cross-reference content within this report Further information available on the company’s website All definitions are included in our glossary on page 152