AFGRI Integrated Annual Report 2011
Integrated Annual Report 2011
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  • Full annual report | 5.38 MB
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  • 2011 Highlights
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  • Home
  • Overview
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  • 2011 highlights
  • Group structure
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  • Segmental information
    • AFGRI Agri Services
    • AFGRI Financial Services
    • AFGRI Foods
  • Group directorate
  • Operating environment
  • Stakeholders
  • Influence
  • Risks and responses
  • Key performance and risk indicators
  • Financial review
    • Summary results and commentary
    • Value added statement
    • Share performance and statistics
  • Operations review
    • AFGRI Agri Services
    • AFGRI Financial Services
    • AFGRI Foods
  • Sustainability performance
    • Transformation
    • Human capital
    • Product performance
    • Environmental performance
  • GRI Content index
  • Management approach and governance structure
  • Board, committees and attendance
  • Risk management
  • Regulatory compliance
  • King III application
  • Remuneration report
  • Directors' responsibility statement
  • Certificate by Company Secretary
  • Independent auditors' report
  • Audit and Risk Committee report
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  • Accounting policies
  • Group balance sheet
  • Group income statement
  • Group statement of comprehensive income
  • Group statement of changes in equity
  • Group cash flow statement
  • Business segment results
  • Notes to the Group annual financial statements
  • Appendix A
  • Appendix B
  • Appendix C
  • Appendix D
  • Company balance sheet
  • Company statement of comprehensive income
  • Company statement of changes in equity
  • Company cash flow statement
  • Notes to the Company annual financial statements
  • Notice of annual general meeting
  • Form of proxy
  • Shareholder analysis
  • Glossary
  • Administration

Welcome to AFGRI's 2011 integrated report

where we interrogate our long-term strategic business objectives.

The past financial year saw the continuation,

and to a large extent the conclusion, of a restructuring and repositioning process...

Further expansion into the Foods sector

AFGRI Financial Services reports strong results...

The Group’s network

of assets and broad representation allows AFGRI access to the region’s farming community...

Return on shareholder equity* 12,0%

B-BBEE contributor level 6...

AFGRI provides financial assistance to disadvantaged learners

Training partnership with John Deere...

Chairman's
Report
CEO's
Report
2011
Highlights
Core Assets &
Competencies
Key
Indicators
Case
Studies

Operating Environment

AFGRI operates predominantly within the agricultural and foods sectors of South Africa. It provides goods and services to commercial farmers...

Financial Review

The most noticeable change in the Group's balance sheet from 2010 is the decrease in the minority interest and the corresponding increase in non-current liabilities.

Corporate Governance

Management acknowledges the rights of AFGRI's shareholders as the real owners of the Company and understands its own role as trustees on behalf of them.

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