Annexure A – Interest in subsidiaries and associates

as at 30 June

Annexure A

          Company’s interests  
        Effective holdings Shares Indebtedness  
Significant subsidiaries Country of
incorporation
if not SA
Note   2017
%
  2016
%
  2017
R’000
  2016
R’000
  2017
R’000
  2016
R’000
 
Bidvest Automotive(A)                              
Autohaus Centurion Pty Ltd       50   50          
Bidvest Car Rental (Botswana) Pty Ltd 3     100   100          
Bidvest Car Rental (Namibia) Pty Ltd 12     100   100          
Bidvest Car Rental Pty Ltd#       100   100          
Coltish Investments Pty Ltd       100   100          
Inyanga Motors Pty Ltd       100   90          
Inyanga Plaza Investments Pty Ltd       90   90          
Kunene Brothers Sandton Pty Ltd       100   40          
Kunene Motor Holdings Ltd       64   64          
McCarthy Investments Pty Ltd       100   100          
McCarthy Ltd       100   100   752 755   752 755      
Bidvest Commercial(E, M)                              
Academy Brushware Pty Ltd#       100   100          
Afcom Group Ltd       100   100   11 659   12 496     31 587  
Airport Retail and Luggage Repairs (Coastal) Pty Ltd^       100            
Amalgamated Appliances Pty Ltd       100   100          
Berzack Brothers Pty Ltd#       100   100          
Bidserv Industrial Products Pty Ltd#       100   100          
Bidvest Afcom Pty Ltd#       100   100          
Bidvest Buffalo Tapes Pty Ltd#       100   100          
Bidvest Commercial Products Holdings Pty Ltd       100   100   3 027 391   2 117 391      
Bidvest Commercial Products Pty Ltd       100   100          
Bidvest Industrial Pty Ltd       100   100          
Bidvest Industrial Supplies Zambia Ltd 19     100   100          
Bidvest Materials Handling Pty Ltd#       100   100          
Bloch & Levitan Pty Ltd#       100   100          
Brandcorp Holdings Pty Ltd^       100            
Brandcorp Hong Kong Ltd^ 5     100            
Brandcorp Pty Ltd^       100            
Brandcorp Transformation Corporation Pty Ltd^       100            
Clockwork Giant Clothing Pty Ltd 14     100   100          
G Fox Swaziland Pty Ltd 14     75   75          
Giant Clothing Ltd 9     100   100          
Home of Living Brands Group Ltd       100   100          
Home of Living Brands Pty Ltd       100   100          
Lamobyte Pty Ltd^       100            
Main Street 573 Pty Ltd^       100            
Plumblink (SA) Pty Ltd       100   100          
Ram Fasteners Pty Ltd#       100   100       (2 419)   (2 419)  
Renttech Holdings Pty Ltd^       100            
Renttech South Africa Pty Ltd^       100            
Renttech Trading Pty Ltd^       100            
Rockvest Distributors Pvt Ltd 20     51   51          
Sanlic House Of Locks^       100         59 713   59 713  
Sellotape Pty Ltd       100   100          
SMC Sales Logistics Pty Ltd       100   100          
Southern Africa Welding and Industrial Supplies Pty Ltd^ 12     100            
Tedelex Manufacturing Pty Ltd       100   100          
Tedelex Properties (Atlantis) Pty Ltd       100   100          
Tuning Fork Pty Ltd t/a Yamaha       100   100       34 500   34 500  
Vulcan Catering Supplies Pty Ltd       100   100          
Bidvest Electrical(B)                              
Bellco Electrical Pty Ltd       100   100          
Eagle Lighting (Pty) Ltd^       100            
Eagle Lighting George (Pty) Ltd^       74            
EMS Invirotel Energy Management Pty Ltd       60   60          
Mubelo Electrical (Pty) Ltd^ 10     80            
Solid State Power Pty Ltd       50   50          
Technilamp (Pty) Ltd^       100            
Versalec Cables Pty Ltd       100   100   83 315   83 315      
Voltex Botswana Pty Ltd 3     70   70          
Voltex Holdings Ltd       100   100   245 982   245 982      
Voltex MVLV Solutions Pty Ltd       56   56          
Voltex Pty Ltd       100   100          
Bidvest Financial Services(C)                              
Bidvest Bank Holdings Ltd       100   100   540 036   540 036      
Bidvest Bank Ltd       100   100          
Bidvest Insurance Group Pty Ltd       100   100   797 431   797 431      
Bidvest Insurance Brokers Pty Ltd       100   100          
Bidvest Insurance Ltd       100   100          
Bidvest Leasing Pty Ltd       100   100          
Bidvest Life Ltd       100   100          
Cignet Administration Services (Pty) Ltd   1   51   46          
Compendium Group Investment Holdings (Pty) Ltd       51   51          
Compendium Insurance Brokers (Pty) Ltd   1   45   45          
Compendium Insurance Brokers Cape Town (Pty) Ltd   1   48   48          
Compendium Insurance Brokers Eastern Cape (Pty) Ltd   1   46   28          
Compendium Insurance Brokers Gauteng (Pty) Ltd   1   43   43          
Compendium Insurance Brokers Pietermaritzburg (Pty) Ltd       48   51          
Financial Management International (Pty) Ltd^       100            
Glassock and Associates (Pty) Ltd       51   51          
Master Currency Pty Ltd       100   100   16 881   19 149      
McCarthy Retail Finance Pty Ltd       100   100          
MCY Management Services Pty Ltd         100     716      
Namibia Bureau de Change Pty Ltd 12     77   77          
Rennies Foreign Exchange (Botswana) Pty Ltd 3     51   51          
Swift Auto Brokers (Pty) Ltd   1   51   26          
Taxi and Transport Brokers (Pty) Ltd   1   36   36          
Viamax Fleet Solutions Pty Ltd       100   100          
Viamax Pty Ltd       100   100          
Tradeflow (Pty) Ltd       50   50          
Bidvest Freight(D)                              
African Shipping Ltd       100   100          
Bidfreight Intermodal Pty Ltd       100   100          
Bidfreight Port Operations Pty Ltd       100   100          
Bidvest Freight Management Services Pty Ltd       100   100                  
Bidvest Freight Pty Ltd       100   100   7 435 793   7 435 793      
Bidvest Freight Terminals Pty Ltd       100   100          
Bulk Connections Pty Ltd       100   100          
Durban Coal Terminals Company Pty Ltd       100   100          
Ensimbini Terminals Pty Ltd       50   50          
Island View Storage Pty Ltd       100   100          
Island View Storage Richards Bay Pty Ltd       100   100          
Naval Servicos A Navegacao LTDA 11     100   100          
P & I Associates Pty Ltd       100   100          
Panargo Shipping (Pty) Ltd       100   100          
Renfreight Pty Ltd       100   100          
Rennie Murray and Company Pty Ltd       100   100          
Rennies Ships Agency Mozambique Limitada 11     100   100          
Rennies Ships Agency Pty Ltd       100   100          
Safcor Freight Pty Ltd (t/a Bidvest Panalpina Logistics)       100   100          
South African Bulk Terminals Ltd       100   100          
South African Container Depots Pty Ltd       100   100          
South African Container Stevedores Pty Ltd       82   82       (618)   (618)  
Bidvest Office and Print(F,G)                              
Africmail Advertising (Pty) Ltd       100   100          
Back to School Pty Ltd       100   100       (36)   (36)  
Bid Enterprise Development Pty Ltd       100   100          
Bid Information Exchange Pty Ltd       100   100          
Bidoffice Furniture Manufacturing Pty Ltd       100   100          
Bidvest Medical Pty Ltd       100   100          
Bidvest Monitoring Solutions Pty Ltd       100   100   81 000   81 000      
Bidvest Office Holdings (Pty) Ltd       100   100          
Bidvest Office Pty Ltd       100   100       (2 000)    
Bidvest Office and Print Pty Ltd       100   100   1 246 352   135 874      
Bidvest Paperplus Pty Ltd       100   100          
Blesston Printing and Associates Pty Ltd       100   100          
BMS Pty Ltd 3     60   60          
Budget Desks and Chairs Pty Ltd       100   100          
Business Forms Properties (Pty) Ltd       100   100          
Cecil Nurse Pty Ltd       100   100          
Contract Office Products Pty Ltd       100   100          
Dauphin Office Seating S.A. Pty Ltd       71   71   1 329   1 329      
Ditulo Office Pty Ltd       100   49   2 656   656      
Email Connection Pty Ltd       100   100   1 708   1 708      
Expressed Solutions Pty Ltd       100   100          
Federal Business Communications (Pty) Ltd       100   100          
Hortors Stationery Pty Ltd       100   100          
Kolok Mozambique Ltd 11       70          
Kolok Pty Ltd       100   100          
Lithotech Afric Mail Cape Pty Ltd       100   100          
Lithotech Afric Mail JHB Pty Ltd       100   100          
Lithotech Corporate Pty Ltd   2   49   100          
Lithotech Group Services Pty Ltd       100   100          
Lithotech International Ltd 18     100   100          
Lithotech Labels Pty Ltd       100   100          
Lithotech Mailing Services (Pty) Ltd       100   100          
Lithotech Manufacturing Pinetown Pty Ltd       100   100          
Lithotech Sales Cape Pty Ltd       100   100          
Lithotech Sales Johannesburg Pty Ltd       100   100          
Lithotech Sales Port Elizabeth Pty Ltd       100   100          
Lithotech Sales Pretoria Pty Ltd       100   100          
Lithotech Solutions (Pty) Ltd       100   100                  
Lufil Packaging Pty Ltd       100   100   59 244   59 244   (73 462)   (73 462)  
Minolco Pty Ltd       100   100          
Mocobe Properties Pty Ltd       100   100          
nVision IT Pty Ltd       60   60          
nVision Mauritius Pty Ltd 10     60   60          
nVisionIT Australia Pty Ltd 2     60   60          
Office Technique Pty Ltd 3     60   60          
Ozalid South Africa Pty Ltd       100   100          
Pago Design Pty Ltd       100   100       600   600  
Paragon Business Communications Ltd       100   100   58 809   58 809      
Rangecom Pty Ltd 3     60   60          
Rotolabel (Tvl) Pty Ltd       100   100          
Seating Pty Ltd       100   100          
Silveray Manufacturers Pty Ltd       100   100          
Silveray Statmark Company Pty Ltd       100   100   9 844   9 844   (9 844)   (9 844)  
South African Diaries Pty Ltd       100   100          
The Stationary Centre Pty Ltd       100   100          
Waltons Pty Ltd       100   100   31   31   (31)   (31)  
Zonke Gaming Systems Pty Ltd       100   100          
Zonke Monitoring Systems Pty Ltd       78   78          
Bidvest Services(H, I, J)                              
Al Jaber Coin LLC 17 2   49   49          
B M O Food Services Pty Ltd       100   100          
Bidair Services Pty Ltd       100   100       (11 734)   (11 734)  
Bidtrack Pty Ltd       100   100          
Bidtravel Pty Ltd       100   100          
Bidvest (Zambia) Pty Ltd 19     100   100   3 661   3 661      
Bidvest Cleaning Pty Ltd       100   100          
Bidvest Facilities Management Pty Ltd       100   100          
Bidvest Media Pty Ltd       50   50          
Bidvest Prestige Cleaning Pty Ltd 12     100   100          
Bidvest Protea Coin Assets In Transit And Armed Reaction Pty Ltd       100   100          
Bidvest Protea Coin Cargo Protection Pty Ltd       100   100          
Bidvest Protea Coin Fencing Pty Ltd       100   100          
Bidvest Protea Coin Pty Ltd       100   100          
Bidvest Protea Coin Technical And Physical Security Pty Ltd       100   100          
Bidvest Services Holdings Ltd       100   100          
Bidvest Services Pty Ltd       100   100          
Bidvest Steripic and Promosachets Pty Ltd       100   100          
Bidvest Travel Holdings Pty Ltd       100   100       (11 500)   (5 000)  
Bosnandi Laundry Pty Ltd       51   51          
Brookfield Investments 315 Pty Ltd       100   100          
Bushbreaks & More Pty Ltd       100   100   20 409   20 409      
CI Services Pty Ltd^       60            
Coin Aviation Security Pty Ltd       100   100          
Commuter Handling Services Pty Ltd       60   60   8 063   8 063      
Concorde Travel Pty Ltd t/a Carlson Wagonlit Travel       90   90   47 045   47 045      
Connex Travel Pty Ltd t/a BCD Travel       61   61   27 984   27 984   6 738   6 738  
Cruises International Pty Ltd^       100            
Cudha SARL 11     100   60          
Dinatla Property Services Pty Ltd       100   100   3 120   3 120      
Dinosi Cleaning Services Pty Ltd       55   55          
EAS Kenya Ltd 7     100   99          
EAS Tanzania Ltd 15     100   100          
EAS Uganda Ltd 16     100   100          
EAS Zambia Ltd 19     60   60   1 231   1 231      
EAS Zimbabwe Pvt Ltd 20     70   100   2 921   2 921      
Execuflora Pty Ltd       100   100          
Experience Delivery Company Pty Ltd   1   48   48          
Express Air Services (Namibia) Pty Ltd 12     100   90          
Express Air Services Pty Ltd#       100   100          
First Garment Rental Pty Ltd       100   100          
Global Payment Technologies Pty Ltd       100   100   44 301   44 301   (71 734)   (71 734)  
Harvey World Travel Southern Africa Pty Ltd       100   100   9 912   9 912      
Hotel Amenities Suppliers Pty Ltd       100   100          
Ikhayelihle Royalserve Cleaning Services Pty Ltd       100   100          
Industro-Clean Botswana Pty Ltd 3     100   100          
Ithabeleng Food Services Pty Ltd       100   100          
King Pie Holdings Pty Ltd       100   100          
Macardo Lodge Pty Ltd t/a Travelwise 3     51   51          
Masterguard Fabric Protection Africa Pty Ltd       100   100   2 597   2 597   (3 248)   (3 248)  
Mediguard WIC Cleaning Services (Lesotho) Pty Ltd 8     51   51          
MSCSports Sponsorships Pty Ltd       50   50          
MyMarketdot Com Pty Ltd       100   100          
Nelimax Pty Ltd         55          
Nomtsalane Property Services Pty Ltd       86   86          
Protea Aviation Pty Ltd       100   100          
Protea Coin Ghana Ltd 4     100   50          
Protea Security Services (West Rand) Pty Ltd       100   100          
Pureau Fresh Water Company Pty Ltd       82   82   24 570   24 570      
QMS Consulting Pty Ltd       100   100          
Rebserve Facilities Management Pty Ltd       80   80          
Rennies Travel Pty Ltd t/a HRG Rennies Travel       100   100          
Retro Viral Online Branding Pty Ltd       35   35          
RMI SA Pty Ltd       100   100   7 266   7 266   (7 266)   (7 266)  
Royal Mozambique Ltda 11     60   60          
Royalmnandi Duduza Pty Ltd       60   60          
Royalmnandi Pty Ltd       100   100          
SA Water Cycle Group Pty Ltd       100   100          
Steiner Hygiene Pty Ltd       100   100          
Steiner Hygiene Swaziland Pty Ltd 14     100   100          
Taemane Cleaning Services Pty Ltd       100   100          
TFMC Holdings Pty Ltd       100   100          
TFMC Maintenance Services Pty Ltd       70   70          
TMS Group Industrial Services Pty Ltd       100   100          
TMS Group Pty Ltd       100   100          
Top Turf Botswana Pty Ltd 3     100   100          
Top Turf Group Pty Ltd       100   100   4   4   (4)   (4)  
Top Turf Lesotho Pty Ltd 8     100   100          
Top Turf Mauritius Pty Ltd 10     100   100          
Top Turf Seychelles Pty Ltd 13     100   100          
Top Turf Swaziland Pty Ltd 14     100   100          
Travel Connections Pty Ltd       100   100   20 500   20 500      
Umoja Property Solutions Pty Ltd       51   51          
World Travel Pty Ltd       100   100   3 350   3 350   (3 350)   (3 350)  
Bidvest Namibia(B, D, F, J, K, L)                              
Atlantic Harvesters of Namibia Pty Ltd 12     36   36          
Bidvest Namibia Automotive Pty Ltd 12     52   52          
Bidvest Namibia Commercial and Industrial Services Pty Ltd 12     52   52          
Bidvest Namibia Commercial Holdings Pty Ltd 12     52   52          
Bidvest Namibia Fisheries Holdings Pty Ltd 12     52   52          
Bidvest Namibia Information Technology Pty Ltd 12     52   52          
Bidvest Namibia Ltd 12     52   52   249 253   249 253   (1)   (1)  
Bidvest Namibia Management Services Pty Ltd 12     52   52          
Bidvest Namibia Plumblink Pty Ltd 12     52   52                  
Bidvest Namibia Property Holdings Pty Ltd 12     52   52          
Bidvest Prestige Cleaning Pty Ltd 12     52   100          
Carheim Investments Pty Ltd 12     52   52          
Caterplus Namibia Pty Ltd 12     52   52          
Cecil Nurse Namibia Pty Ltd 12     52   52          
Comet Investments Capital Incorporated 1 1   36   36          
Diroyal Motor (SWA) Pty Ltd 12     52   52          
Elzet Development Pty Ltd 12     52   52          
Frigocentre Limitada 1 1   18   18          
Glenryck South Africa (Pty) Ltd^   1   27            
Kolok (Namibia) Pty Ltd 12     52   52          
Lenkow Pty Ltd 12     52   52          
Lubrication Specialists Pty Ltd 12     52   52          
Luderitz Bay Shipping & Forwarding Pty Ltd 12     52   52          
Manica Group Namibia Pty Ltd 12     52   52          
Matador Enterprises Pty Ltd 12     52   52          
Minolco (Namibia) Pty Ltd 12     52   52          
Monjasa Namibia Pty Ltd 12 1   30   30          
Mukorob Pelagic Processors Pty Ltd 12 1   36   36          
Namfish Pelagic Industries Pty Ltd 12 1   36   36          
Namibian Sea Products Ltd 12 1   36   36          
Namsov Fishing Enterprises (Pty) Ltd 12 1   36   36          
Namsov Industrial Properties (Pty) Ltd 12 1   36   36          
Ocean Fresh Pty Ltd 12 1   36   36          
Orca Marine Service (Pty) Ltd 12 1   31   31          
Pesca Fresca Ltd 1     18   18          
Rennies Travel (Namibia) Pty Ltd 12     52   52          
Sarusas Development Corporation Pty Ltd 12 1   36   36          
Shelfco Investments One Five Three Pty Ltd 12     52   52          
Starting Right Investments Two Zero Five Pty Ltd 12 1   36   36          
T&C Properties Namibia Pty Ltd 12     52   52          
T&C Trading Pty Ltd 12     52   52          
Taeuber & Corssen SWA Pty Ltd 12     52   52          
Tetelestai Mariculture Pty Ltd 12 1   36   36          
Trachurus Fishing Pty Ltd 12 1   36   36          
Twafika Fishing Enterprises Pty Ltd 12     27   27          
United Fishing Enterprises Pty Ltd 12 1   36   36          
Voltex Namibia Pty Ltd 12     52   52          
Waltons Namibia Pty Ltd 12     52   52          
Walvis Bay Airport Services Pty Ltd 12     52   52          
Walvis Bay Stevedoring Company Pty Ltd 12 1   29   29          
Woker Freight Services Pty Ltd 12     52   52          
                               
Bidvest Corporate(L)                              
Airport Logistics Property Holdings Pty Ltd       50   50     142      
BB Investment Company Pty Ltd#       100   100          
Bid Services Division (IOM) Ltd 6     100   100          
Bid Services Division (UK) Ltd 18     100   100          
Bid Services Division Mauritius Ltd 10     100   100          
Bid Services Division Pty Ltd       100   100       867   (25 414)  
Bidcorp Outsourced Services Ltd 18     100   100          
Bidcorp Property Ltd 18     100   100          
Bidvest Corporate Services Pty Ltd#       100   100       52   52  
Bidvest Freight UK Limited 18     100   100          
Bidvest Industrial Holdings Pty Ltd       100   100   2 759 837   2 759 837   28 365   1 796  
Bidvest Procurement Pty Ltd#       100   100          
Bidvest Properties Holdings Pty Ltd       100   100   319 563              
Bidvest Properties Pty Ltd       100   100   604 024   125 662     12 107  
Bidvest Treasury Services Pty Ltd       100   100          
Bidvest Wits University Football Club Pty Ltd       60   60   45 953        
Bidvestco Ltd       100   100   44 068   44 068   (44 068)   (44 068)  
Brentwood Technical Services Ltd 18     100   100          
DH Mansfield Group Ltd 18     80   80          
DH Mansfield Ltd 18     80   80          
Gerlan Properties Pty Ltd       50   50   5 700   5 700      
Mercland Pty Ltd       50   50          
Micawber 239 (Pty) Ltd       50   50         100  
Micawber 240 (Pty) Ltd       50   50          
Ontime Automotive Ltd 18     100   100          
Ontime Global Automotive Transport Services Ltd 18     100   100          
Rennies Property Holdings Pty Ltd       100   100     54 000      
Road One Ltd 18     80   80          
Silveray Properties Pty Ltd       100   100     8 833      
Skillion Ltd 18     100   100          
Trustone Investments (Pty) Ltd       100   100          
Other               153 780   164 842   (201 579)   (170 824)  
                18 781 328   15 992 830   (312 059)   (281 860)  
Significant associates                              
“K” Line Shipping (South Africa) Pty Ltd(D)       49   49          
Adcock Ingram Holdings Ltd(N)       38   38          
Amalgamated Automobile Distributors Pty Ltd(A)         50     10 000      
Comair Ltd(J)       27   27          
Compendium Insurance Brokers Zululand (Pty) Ltd(C)   3   17   17          
Cullinan Holdings Ltd (30 September year-end)(J)         20          
Imperial McCarthy Pty Ltd(A)         50          
Sebenza Forwarding & Shipping Pty Ltd (31 March year-end)(D)       45   45   5 011   5 011      
Watersure Pty Ltd(C)   3   13   13          
Other               477   540   1 056   1 056  
              5 488   15 551   1 056   1 056  

Amounts owing by or to subsidiaries and associates are unsecured, interest-free and have no fixed terms of repayment.

^ Acquired during 2017.
# Trading as an agent.

Country of incorporation if not South Africa
1 Angola 11 Mozambique
2 Australia 12 Namibia
3 Botswana 13 Seychelles
4 Ghana 14 Swaziland
5 Hong Kong 15 Tanzania
6 Isle of Man 16 Uganda
7 Kenya 17 United Arab Emirates
8 Lesotho 18 United Kingdom
9 Malawi 19 Zambia
10 Mauritius 20 Zimbabwe
 
Nature of business
(A) Motor vehicle retailing and related services
(B) Manufacturer and distributor of electrical products and services
(C) Banking products and services, foreign exchange and insurance
(D) Freight, forwarding, clearing, distribution, warehousing and allied activities
(E) Distributor of forklifts, power and marine products, music and sound equipment, packaging closures and catering equipment
(F) Distributor of office stationery; furniture and office automation products and related services
(G) Manufacturer, supplier and distributor of commercial office products, printer products, services, stationery and packaging products
(H) Rental hygiene equipment, garments and water coolers; suppliers of consumables, specialised clothing and laundry services
(I) Cleaning, hygiene, security, and interior and exterior landscaping services
(J) Travel management services, aviation services and car rental
(K) Catering supplies, food and allied products
(L) Group services, investment and property holding
(M) Distributor of electrical appliances
(N) Manufacturer, marketer and distributor of healthcare products

Notes
1 The investment in this subsidiary is held indirectly. Control is obtained through the shareholding in the respective subsidiary’s holding company.
2 The Group has power over this subsidiary as it has the ability to direct the relevant activities of the subsidiary unilaterally.
3 The investment in this associate is held indirectly. Significant interest is obtained through the shareholding in the respective associate’s holding company.