Operational review

Operational review
 

Bidvest Paperplus
A leading manufacturer, supplier and distributor of commercial office products, printer products, services and stationery and packaging products, through a wide network of outlets in southern Africa.

     
 
Bidvest Paperplus
 
R2,1 billion
Revenue 8,2% increase  
 
R248,3 million
Trading profit 10,8% increase  
 
Revenue
(Divisional contribution %)		   Trading profit
(Divisional contribution %)
 
 
Carbon footprint and the environment
In our ongoing campaign to conserve electricity, Silveray Manufacturing won the eThekweni (Durban) energy-saving competition for installing a 6 000-litre solar waterheating system for its workers at its labour intensive Mobeni facility.
 
     
 

Highlights

  • Businesses perform well in a challenging market
  • Acquired distribution agency for international brands Parker, Papermate and Waterman
  • Croxley range being expanded
  • BEE rating up from level 4 to level 3
  • Lithotech export office opens in Denmark
  • Consolidation under way of PWS and Silveray Statmark
  • More than half domestic procurement spend now with BEE suppliers
  • Training spend and training spend per employee increases
  • Entered market for on-demand digital printing solutions
  • Silveray Manufacturing won eThekweni energy-saving competition by installing a solar heating system for workers
  
     
 
Financial indicators
(for the year ended June 30) 		 2010  
R’m  		 2009   
R’m   
Revenue 2 091,9   1 933,4   
Trading profit 248,3   224,2   
Operating assets 935,4   994,3   
Operating liabilities 351,0   358,7   
Depreciation 49,5   43,3   
Amortisation and impairments of intangible assets   3,5   2,8   
Goodwill and intangible assets  140,3   124,7   
     
Sustainable development indicator overview      
Employees 4 368   4 261   
Total training spend (R’000) 5 248   3 674(1)
Training spend per employee (R) 1 202   862(1)
Employees attending HIV/Aids training (%) 35,3   22,8   
Lost-time injury frequency rate 6,8   5,6   
Work-related fatalities (number) –   –   
BEE procurement (R’000) 856 856   601 781   
CSI spend (R’000) 1 061   881   
Enterprise development spend (R’000) 3 314   2 800   
Total water usage (litres ’000) 115 006   120 886   
Total electricity usage (kWh ’000) 32 721   35 448   
Petrol (litres) 460 876   424 325   
Diesel (litres) 284 574   328 745   
Total carbon emissions (tonnes) 34 234   37 685   
Carbon emissions per employee (tonnes) 7,8   8,8   
(1) Restated

QUICK LINK: Historic divisional sustainable development data