Slide 1: Unaudited Financial Results for the half year ended December 31 2023
hEh/d&/EE/>Z^h>d^ ĨŽƌƚŚĞŚĂůĨLJĞĂƌĞŶĚĞĚĞĐĞŵďĞƌϯϭϮϬϮϯ Notes 1 Bid Corporation Limited Investor presentation for the half year ended December 31 2023
Slide 2: Agenda
'E ĞƌŶĂƌĚĞƌƐŽŶ͕K &ϮϬϮϰŝŶƚĞƌŝŵƌĞƐƵůƚƐŝŶƉĞƌƐƉĞĐƚŝǀĞ ĂǀŝĚůĞĂƐďLJ͕&K dƌĂĚŝŶŐĂŶĂůLJƐŝƐ YΘĂŶĚĐůŽƐĞ ƉƉĞŶĚŝdž͗^ƵƉƉůĞŵĞŶƚĂƌLJŝŶĨŽƌŵĂƚŝŽŶ hŶĂƵĚŝƚĞĚ&ŝŶĂŶĐŝĂůZĞƐƵůƚƐĨŽƌƚŚĞŚĂůĨLJĞĂƌĞŶĚĞĚĞĐĞŵďĞƌϯϭϮϬϮϯ Ϯ Notes 2 Bid Corporation Limited Investor presentation for the half year ended December 31 2023
Slide 3: Interim Results in Perspective
/EdZ/DZ^h>d^ /EWZ^Wd/s ĞƌŶĂƌĚĞƌƐŽŶ Notes 3 Bid Corporation Limited Investor presentation for the half year ended December 31 2023
Slide 4: Bidcorp Strategic, Financial and Sustainability Objectives
/KZW,^>Z^dZd'/͕&/EE/>͕E^h^d/E/>/dzK:d/s^ ^ƚƌĂƚĞŐŝĐ • KƵƌŵĂŶĂŐĞŵĞŶƚŵŽĚĞůƐƚĂŶĚƐƚŚĞƚĞƐƚŽĨƚŝŵĞ;ϯϰLJĞĂƌƐͿǁŝƚŚůĞĂƌŶŝŶŐƐƐŚĂƌĞĚƚŚƌŽƵŐŚŽƵƚŽƵƌďƵƐŝŶĞƐƐĞƐŝŶϯϱĐŽƵŶƚƌŝĞƐ • ŽŶƚŝŶƵĞĚĐĂƉŝƚĂůĚŝƐĐŝƉůŝŶĞŝŶĂƚƵƌďƵůĞŶƚǁŽƌůĚŐŝǀĞƐƵƐƚŚĞŽƉƚŝŽŶĂůŝƚLJƚŽĞdžƉůŽŝƚŽƉƉŽƌƚƵŶŝƚŝĞƐ • 'ƌŽǁƚŚŝƐŽƌŐĂŶŝĐĂŶĚĂĐƋƵŝƐŝƚŝǀĞ͕ĂŶĚǁĞƐƚƌŝǀĞĨŽƌƌĞĂůŐƌŽǁƚŚŽ
Slide 5: CEO's Group Perspectives
dZ/E'WZK&/dhWϮϭй;ϵй/EKE^dEdhZZEzͿ ABOVE LAST YEAR’S ALLͲd/D,/', CEO’s group perspectives • ƌĞŵĂƌŬĂďůĞŚĂůĨͲLJĞĂƌƉĞƌĨŽƌŵĂŶĐĞŝŶĂƚƵƌďƵůĞŶƚĂŶĚĐŚĂůůĞŶŐŝŶŐǁŽƌůĚ ŶŽƚǁŝƚŚƐƚĂŶĚŝŶŐĚĞĐůŝŶŝŶŐĨŽŽĚŝŶĨůĂƚŝŽŶ͕ƐŽĨƚĞƌĐŽŶƐƵŵĞƌĚĞŵĂŶĚ͕ ĂŶĚĨĞǁĞƌŽƉƉŽƌƚƵŶŝƐƚŝĐďƵLJŝŶŐŽƉƉŽƌƚƵŶŝƚŝĞƐ • ZĞǀĞŶƵĞƵƉϮϰй͖ŐƌŽƐƐŵĂƌŐŝŶŵĂŝŶƚĂŝŶĞĚĂƚϮϯ͕ϳй͖Ğdž
Slide 6: CEO's Overview of Australasia
CEO’S OVERVIEW OF AUSTRALASIA ŽŵďŝŶĞĚƚƌĂĚŝŶŐŵĂƌŐŝŶŐƌĞǁďLJϬ͕ϱйǁŝƚŚƚƌĂĚŝŶŐƉƌŽĨŝƚƐƵƉϭϭйŝŶĐŽŶƐƚĂŶƚ&y ƵƐƚƌĂůŝĂ EĞǁĞĂůĂŶĚ • >ĂƐƚLJĞĂƌĞdžŝƚĨƌŽŵŚŝŐŚƐĞƌǀŝĐĞŝŶƚĞŶƐŝƚLJͬůŽǁƉƌŽĨŝƚY^Z • ƚĂůĞŽĨƚǁŽŵĂƌŬĞƚƐǁŝƚŚůŽĐĂůƐĨĞĞůŝŶŐƚŚĞĐŽƐƚͲŽĨͲůŝǀŝŶŐ ďƵƐŝŶĞƐƐŵĞĂŶƚƉƌŝĐŝŶŐŵĂƌŐŝŶŝŵƉƌŽǀĞĚǁŝƚŚƚƌĂĚŝŶŐƉƌŽĨŝƚƵƉ ƉƌĞƐƐƵƌĞǁŚŝůƐƚƌŝƐŝŶŐŝŶƚĞƌ
Slide 7: CEO's Overview of the United Kingdom
CEO’S OVERVIEW OF THE UNITED KINGDOM ZĞǀĞŶƵĞŐƌŽǁƚŚŽĨϮϭйŝŶĐŽŶƐƚĂŶƚ&yďƵƚĂƚƚŚĞĞdžƉĞŶƐĞŽĨĂůŽǁĞƌƚƌĂĚŝŶŐƉƌŽĨŝƚŵĂƌŐŝŶͲ ĂĚĂƉƚŝŶŐƚŚĞŵŝdžĂŶĚŐĞƚƚŝŶŐĂŶŽƉƚŝŵĂůƌĞƚƵƌŶ ĨƌŽŵĂƐŝŐŶŝĨŝĐĂŶƚůLJůĂƌŐĞƌĂƐƐĞƚďĂƐĞŝƐŶĞĐĞƐƐĂƌLJ &ŽŽĚƐĞƌǀŝĐĞ͕&ƌĞƐŚ͕ĂŶĚWƌŽĐĞƐƐŝŶŐ • dŽƚĂůĂƐƐĞƚďĂƐĞ;ĞǀĞŶŽŶĂĚĞƉƌĞĐŝĂƚĞĚďĂƐŝƐͿŝƐάϭďŝůůŝŽŶ͕ƵƉďLJ ϮϱйŝŶĨŽƵƌLJĞĂƌƐ
Slide 8: CEO's Overview of Europe
CEO’S OVERVIEW OF EUROPE ϭϭйĐŽŶƐƚĂŶƚĐƵƌƌĞŶĐLJƌĞǀĞŶƵĞŐƌŽǁƚŚƚƌĂŶƐůĂƚĞĚƚŽĂϮϲйŐƌŽǁƚŚŝŶƚƌĂĚŝŶŐƉƌŽĨŝƚĂƚĂŵĂƌŐŝŶŝŶůŝŶĞǁŝƚŚŐƌŽƵƉŽďũĞĐƚŝǀĞƐ EĞƚŚĞƌůĂŶĚƐ njĞĐŚĂŶĚ^ůŽǀĂŬŝĂ • ZĞƐƵůƚĂƐƐŝƐƚĞĚďLJƉĂƐƐͲƚŚƌŽƵŐŚŽŶƉƌŝĐŝŶŐ͕ŝŵƉƌŽǀĞĚĐŽƐƚ • ŶĞdžĐĞůůĞŶƚƌĞǀĞŶƵĞĂŶĚƉƌŽĨŝƚƉĞƌĨŽƌŵĂŶĐĞŝŶĂƐůŽǁŝŶŐŵĂƌŬĞƚ ĞĨĨŝĐŝĞŶĐLJǁŝƚŚƐƚƌŽŶŐĨƌĞĞƚƌĂĚĞŐƌŽǁƚ
Slide 9: CEO's Overview of Emerging Markets
CEO’S OVERVIEW OF EMERGING MARKETS tĞŚĂǀĞďƵƐŝŶĞƐƐĞƐŽŶƚŚƌĞĞĐŽŶƚŝŶĞŶƚƐĐĂƚĞƌŝŶŐƚŽĂĚŝǀĞƌƐŝƚLJŽĨĐƵůƚƵƌĂůƚĂƐƚĞƐĂŶĚŶŽƌŵƐ͕ĂĐŽŵŵĞŶĚĂďůĞƌĞƐƵůƚďƌŽĂĚůLJŝŶůŝŶĞǁŝƚŚůĂƐƚ LJĞĂƌǁŝƚŚĂƐĂƚŝƐĨĂĐƚŽƌLJƌĞƚƵƌŶŽŶƐĂůĞƐĂŶĚĨƵŶĚƐĞŵƉůŽLJĞĚ ^ŽƵƚŚĨƌŝĐĂ ,ŽŶŐ<ŽŶŐ͕DĂĐĂƵ͕ĂŶĚDĂŝŶůĂŶĚŚŝŶĂ • ďŝŐƚŚĂŶŬLJŽƵƚŽ<ůĂĂƐ,ĂǀĞŶŐĂ͕ĂĚŽLJĞŶŽĨƚŚĞĨŽŽĚŝŶĚƵƐƚƌLJ •
Slide 10: CEO's Overview of Emerging Markets
CEO’S OVERVIEW OF EMERGING MARKETS tĞŚĂǀĞďƵƐŝŶĞƐƐĞƐŽŶƚŚƌĞĞĐŽŶƚŝŶĞŶƚƐĐĂƚĞƌŝŶŐƚŽĂĚŝǀĞƌƐŝƚLJŽĨĐƵůƚƵƌĂůƚĂƐƚĞƐĂŶĚŶŽƌŵƐ͕ĂĐŽŵŵĞŶĚĂďůĞƌĞƐƵůƚďƌŽĂĚůLJŝŶůŝŶĞǁŝƚŚůĂƐƚ LJĞĂƌǁŝƚŚĂƐĂƚŝƐĨĂĐƚŽƌLJƌĞƚƵƌŶŽŶƐĂůĞƐĂŶĚĨƵŶĚƐĞŵƉůŽLJĞĚ ŚŝůĞ DŝĚĚůĞĂƐƚ • ǀĂƌŝĂďůĞƉĞƌĨŽƌŵĂŶĐĞŝŶĚŝĨĨĞƌĞŶƚƐĂůĞƐĐŚĂŶŶĞůƐĂŶĚďƌĂŶĐŚĞƐ • tĞŽƉĞƌĂƚĞŝŶĨŝǀĞũƵƌŝƐĚŝ
Slide 11: Outlook for the Second Half
Khd>KK<&KZd,^KE,>& tĞƉŽƐĞĚƚŚĞĨŽůůŽǁŝŶŐƚǁŽƋƵĞƐƚŝŽŶƐĂƚƚŚĞ&ϮϬϮϯLJĞĂƌͲĞŶĚƌĞƐƵůƚƐƉƌĞƐĞŶƚĂƚŝŽŶ͗ • LJŚŽǁŵƵĐŚǁŝůůƚŚĞŚŝŐŚŝŶĨůĂƚŝŽŶƵŶůĞĂƐŚĞĚďLJĨŝƐĐĂůĂŶĚŵŽŶĞƚĂƌLJƌĞƐƉŽŶƐĞƐƚŽKs/ͲϭϵĂďĂƚĞ͍ • ,ŽǁůŽŶŐĐĂŶƚŚĞƌŽďƵƐƚĚĞŵĂŶĚĨŽƌĞĂƚŝŶŐͲŽƵƚďĞƐƵƐƚĂŝŶĞĚ͍ tĞůů͕ǁĞƚŚŝŶŬŚĂǀĞƐŽŵĞƚŚŝŶŐŽĨĂŶĂŶƐǁĞƌ͗ • /ŶĨůĂƚŝŽŶŝƐĨĂůůŝŶŐ͕ĂŶĚƋƵŝƚĞƋƵŝĐŬůLJ͕Ăů
Slide 12: Financial Analysis
&/EE/> E>z^/^ ĂǀŝĚůĞĂƐďLJ Notes 12 Bid Corporation Limited Investor presentation for the half year ended December 31 2023
Slide 13: Great Performance Across the Group
'ZdWZ&KZDEZK^^d,KZ ƵƌƌĞŶĐLJƚƌĂŶƐůĂƚŝŽŶƉŽƐŝƚŝǀĞĨŽƌƚŚĞŚĂůĨLJĞĂƌ ,ŝŐŚůŝŐŚƚƐ /dŶŽŶͲ/&Z^ϭϲ(R’ billion) dƌĂĚŝŶŐƉƌŽĨŝƚ(R’ billion) • 'ƌĞĂƚŽƉĞƌĂƚŝŽŶĂůƉĞƌĨŽƌŵĂŶĐĞĂŐĂŝŶƐƚĂƌĞĐŽƌĚͲŚŝŐŚŝŶƚŚĞƉƌŝŽƌLJĞĂƌ,ϭƌĞƐƵůƚƐ͕ ǁŝƚŚƉĂƌƚŝĐƵůĂƌůLJƐƚƌŽŶŐƉĞƌĨŽƌŵĂŶĐĞƐŝŶƵƌŽƉĞĂŶĚƵƐƚƌĂůĂƐŝĂ ϲ͕ϲ ϱ͕ϵ • Revenue R113,8 billion (↑24,0%) with con
Slide 14: Statement of Profit
^ddDEdK&WZK&/d KƉĞƌĂƚŝŽŶƐŚĂǀĞŵĂŶĂŐĞĚƉƌŽĚƵĐƚĂŶĚĐŽƐƚŝŶĨůĂƚŝŽŶǁĞůůƚŽĚĞůŝǀĞƌƌĞĂůŐƌŽǁƚŚŝŶƌĞǀĞŶƵĞƐĂŶĚƉƌŽĨŝƚƐ • ZĞǀĞŶƵĞ↑24% (constant currency increase of 10,8%); sales in every business (other ,ϭ&ϮϬϮϮ ,ϭ&ϮϬϮϯ ,ϭ&ϮϬϮϰ ƚŚĂŶ'ƌĞĂƚĞƌŚŝŶĂͿǁĞůůĂŚĞĂĚŽĨ,ϭ&ϮϬϮϯ Ϯϲй Ϯϯ͕ϵй Ϯϯ͕ϲй Ϯϯ͕ϳй • 'ƌŽƐƐŵĂƌŐŝŶƐŚĂǀĞŚĞůĚƵƉǁĞůůĂƚϮϯ
Slide 15: Cash Flows
^,&>Kt^ &ƌĞĞĐĂƐŚĨůŽǁƐƌĞĨůĞĐƚƚŚĞŶŽƌŵĂůŝƐĂƚŝŽŶ;ƐĞĂƐŽŶĂůŝƚLJͿŽĨƚŚĞďƵƐŝŶĞƐƐƚŚƌŽƵŐŚŝŶĐƌĞĂƐĞĚǁŽƌŬŝŶŐĐĂƉŝƚĂůĂŶĚĐĂƉŝŶ • ĂƐŚŐĞŶĞƌĂƚĞĚĨƌŽŵŽƉĞƌĂƚŝŽŶƐďĞĨŽƌĞǁŽƌŬŝŶŐĐĂƉŝƚĂů↑11,3йĂƚZϲ͕ϴďŝůůŝŽŶ;,ϭ&ϮϬϮϯ͗Zϲ͕ϭďŝůůŝŽŶͿ • ϭϬϰйŽĨ/dĂŶĚϭϭϲйŽĨƚƌĂĚŝŶŐƉƌŽĨŝƚ;,ϭ&ϮϬϮϯ͗ϭϭϯйŽĨ/dĂŶĚϭϮϲйŽĨƚƌĂĚŝŶŐƉƌŽĨŝƚͿ • EŽŶͲĐĂƐŚŝƚĞŵƐŵĂŝŶůLJĐŽŵƉƌŝƐĞ
Slide 16: Financial Position
&/EE/>WK^/d/KE ^ƚƌŽŶŐĨŝŶĂŶĐŝĂůƉŽƐŝƚŝŽŶŵĂŝŶƚĂŝŶĞĚƚŚƌŽƵŐŚĐƵƌƌĞŶƚƉĞƌŝŽĚ ^ŚĂƌĞŚŽůĚĞƌĞƋƵŝƚLJ;ZΖďŝůůŝŽŶͿ EĞƚĚĞďƚ;ZΖďŝůůŝŽŶͿ • ĂůĂŶĐĞƐŚĞĞƚƐƵƉƉŽƌƚƐďƵƐŝŶĞƐƐĞƐŐƌŽǁƚŚ͖ƌĞůŝĂďůĞĐĂƐŚĨůŽǁƐĂůůŽǁƐĨůĞdžŝďŝůŝƚLJ ƚŽĂĐŚŝĞǀĞƐƚƌĂƚĞŐŝĐŐƌŽǁƚŚŽďũĞĐƚŝǀĞƐ͕ďŽƚŚŽƌŐĂŶŝĐĂŶĚĂĐƋƵŝƐŝƚŝǀĞ ϰϮ͕Ϭ ϰϬ͕ϴ ϭϬ͕Ϭ ϯϵ͕ϴ ϵ͕ϱ ϵ͕Ϭ ϰϬ͕Ϭ ϴ͕ϱ • ^ŚĂƌĞŚŽůĚĞ
Slide 17: Financial Guidance
&/EE/>'h/E ŝĚĐŽƌƉǁĞůůƉůĂĐĞĚƚŽĚĞĂůǁŝƚŚĂŶĂŶƚŝĐŝƉĂƚĞĚƚŽƵŐŚĞƌĞĐŽŶŽŵŝĐĞŶǀŝƌŽŶŵĞŶƚ • 'ƌŽƵƉƐĂůĞƐŚĞůĚƵƉŝŶ:ĂŶƵĂƌLJ;ƐĞĂƐŽŶĂůůLJůŽǁͿĂŶĚƚƌĂĐŬŝŶŐǁĞůůŝŶƚŽ&ĞďƌƵĂƌLJϮϬϮϰ • &ŝŶĂŶĐŝĂůƐƚƌĞŶŐƚŚĐŽŶƚŝŶƵĞƐƚŽďĞƐƵƉƉŽƌƚŝǀĞŽĨďƵƐŝŶĞƐƐĞƐŐƌŽǁƚŚ • ŝĚĐŽƌƉƌĞŵĂŝŶƐĐĂƐŚŐĞŶĞƌĂƚŝǀĞ͕ĂŶĚŵĂŶĂŐĞŵĞŶƚĂƌĞĞdžƉĞĐƚŝŶŐƚŚĞďƵƐŝŶĞƐƐĞƐƚŽƌĞŵĂŝŶƐŽŝŶƚŽ,Ϯ • Ě
Slide 18: Q&A
YΘ Notes 18 Bid Corporation Limited Investor presentation for the half year ended December 31 2023
Slide 19: Supplementary Information
^hWW>DEdZz/E&KZDd/KE hŶĂƵĚŝƚĞĚĨŝŶĂŶĐŝĂůƌĞƐƵůƚƐĨŽƌƚŚĞŚĂůĨLJĞĂƌĞŶĚĞĚĞĐĞŵďĞƌϯϭϮϬϮϯ Notes 19 Bid Corporation Limited Investor presentation for the half year ended December 31 2023
Slide 20: Strategy
^dZd'z ^ƵƉƉůĞŵĞŶƚĂƌLJŝŶĨŽƌŵĂƚŝŽŶ Notes 20 Bid Corporation Limited Investor presentation for the half year ended December 31 2023
Slide 21: Bidcorp Strategy
/KZW^dZd'z ǁĞůůͲĞƐƚĂďůŝƐŚĞĚ͕ĨůĞdžŝďůĞ͕ĨŝŶĂŶĐŝĂůůLJƌŽďƵƐƚ͕ĂŶĚƌĞƐŝůŝĞŶƚĨŽŽĚƐĞƌǀŝĐĞďƵƐŝŶĞƐƐŵŽĚĞů ŝĚĐŽƌƉŝƐĂĐŽŵƉůĞƚĞĨŽŽĚƐĞƌǀŝĐĞ ƐŽůƵƚŝŽŶƐĞƌǀŝŶŐĐƵƐƚŽŵĞƌƐ ŝŶϯϱĐŽƵŶƚƌŝĞƐ ŝĚĐŽƌƉƉĞŽƉůĞĂƌĞĞŶƚƌĞƉƌĞŶĞƵƌŝĂů ĂŶĚŝŶĐĞŶƚŝǀŝƐĞĚƚŽďĞƐŽ ŝĚĐŽƌƉƌƵŶƐĂƐĂĚĞĐĞŶƚƌĂůŝƐĞĚŐƌŽƵƉǁŝƚŚ ďĞƐƚƉƌĂĐƚŝĐĞƐǁŝĚĞůLJƐŚĂƌĞĚ ŝĚĐŽƌƉŐƌŽǁƚŚ ŝƐŽƌŐĂŶŝĐ͕ĂĐ
Slide 22: Financial Analysis: Supplementary Information
&/EE/> E>z^/^ ^ƵƉƉůĞŵĞŶƚĂƌLJŝŶĨŽƌŵĂƚŝŽŶ Notes 22 Bid Corporation Limited Investor presentation for the half year ended December 31 2023
Slide 23: Segment Revenue
^'DEd>ZsEh ŽŶƐƚĂŶƚĐƵƌƌĞŶĐLJ ,ϭ ,ϭ ,ϭ R’ million &ϮϬϮϰ ^ŚĂƌĞŽĨŐƌŽƵƉй йĐŚĂŶŐĞ &ϮϬϮϯ ^ŚĂƌĞŽĨŐƌŽƵƉй &ϮϬϮϰ йĐŚĂŶŐĞ ƵƐƚƌĂůĂƐŝĂ ϮϯϳϬϰ͕ϳ ϮϬ͕ϴ ϵ͕Ϭ ϮϭϳϱϮ͕Ϭ Ϯϯ͕ϳ ϮϮϯϵϳ͕ϴ ϯ͕Ϭ hŶŝƚĞĚ <ŝŶŐĚŽŵ ϯϮϮϱϯ͕ϲ Ϯϴ͕ϰ ϯϵ͕ϱ ϮϯϭϮϬ͕ϵ Ϯϱ͕Ϯ ϮϴϬϭϳ͕ϵ Ϯϭ͕Ϯ ƵƌŽƉĞ ϰϬϳϰϴ͕Ϯ ϯϱ͕ϴ Ϯϵ͕Ϭ ϯϭϱϴϬ͕ϳ ϯϰ͕ϰ ϯϱϭϯϮ͕ϭ ϭϭ͕Ϯ ŵĞƌŐŝŶŐ DĂƌŬĞƚƐ ϭϳϬϵϲ͕ϯ ϭϱ͕Ϭ
Slide 24: Segment Trading Profit
^'DEd>dZ/E'WZK&/d ŽŶƐƚĂŶƚ ĐƵƌƌĞŶĐLJ ,ϭ DĂƌŐŝŶ ^ŚĂƌĞŽĨ й ,ϭ DĂƌŐŝŶ ^ŚĂƌĞŽĨ ,ϭ й R’ million &ϮϬϮϰ й ŐƌŽƵƉй ĐŚĂŶŐĞ &ϮϬϮϯ й ŐƌŽƵƉй &ϮϬϮϰ ĐŚĂŶŐĞ ŝĚĨŽŽĚ ϱϵϯϱ͕ϵ ϱ͕Ϯ ϰϵϮϱ͕ϴ ϱ͕ϰ ϱϯϱϱ͕ϱ ƵƐƚƌĂůĂƐŝĂ ϭϴϬϵ͕ϭ ϳ͕ϲ ϯϬ͕ϵ ϭϳ͕Ϯ ϭϱϰϯ͕ϰ ϳ͕ϭ ϯϮ͕ϯ ϭϳϬϵ͕ϱ ϭϬ͕ϴ hŶŝƚĞĚ <ŝŶŐĚŽŵ ϴϴϵ͕Ϭ Ϯ͕ϴ ϭϱ͕Ϯ ;Ϯ͕ϮͿ ϵϬϴ͕ϴ ϯ͕ϵ ϭϰ͕ϲ ϳϳϮ͕Ϯ ;ϭϱ͕ϬͿ Ƶ
Slide 25: Consolidated Statement of Profit or Loss
KE^K>/d^ddDEdK&WZK&/dKZ>K^^ ,ϭ ,ϭ ŽŶƐƚĂŶƚĐƵƌƌĞŶĐLJ R’ million &ϮϬϮϰ йĐŚĂŶŐĞ &ϮϬϮϯ ,ϭ&ϮϬϮϰ йĐŚĂŶŐĞ ZĞǀĞŶƵĞ ϭϭϯϴϬϮ͕ϴ Ϯϰ͕Ϭ ϵϭϳϰϴ͕ϲ ϭϬϭϲϭϳ͕ϯ ϭϬ͕ϴ ^ĞŐŵĞŶƚĂůƌĞǀĞŶƵĞ • ƵƐƚƌĂůĂƐŝĂ–R23,7 billion (ZAR movement: ↑9,0%; Local FX: ↑3,0%): Australia H1F2024 revenues were ↑1,3% (↑4,0% after excluding exited QSR bus
Slide 26: Consolidated Statement of Profit or Loss
KE^K>/d^ddDEdK&WZK&/dKZ>K^^ ,ϭ ,ϭ ŽŶƐƚĂŶƚĐƵƌƌĞŶĐLJ R’ million &ϮϬϮϰ йĐŚĂŶŐĞ &ϮϬϮϯ ,ϭ&ϮϬϮϰ йĐŚĂŶŐĞ ZĞǀĞŶƵĞ ϭϭϯϴϬϮ͕ϴ Ϯϰ͕Ϭ ϵϭϳϰϴ͕ϲ ϭϬϭϲϭϳ͕ϯ ϭϬ͕ϴ 'ƌŽƐƐƉƌŽĨŝƚй Ϯϯ͕ϳ Ϯϯ͕ϲ ^ĞŐŵĞŶƚĂůŐƌŽƐƐŵĂƌŐŝŶƐ • ƵƐƚƌĂůĂƐŝĂ Ϯϰ͕ϵйĨƌŽŵϮϯ͕ϲй;,ϭ&ϮϬϮϯͿ • hŶŝƚĞĚ<ŝŶŐĚŽŵ Ϯϭ͕ϳйĨƌŽŵϮϯ͕ϯй;,ϭ&ϮϬϮϯͿ • ƵƌŽƉĞ Ϯϰ͕ϵйĨƌŽŵϮϰ͕Ϯй;,ϭ&ϮϬϮϯͿ • ŵĞƌ
Slide 27: Consolidated Statement of Profit or Loss
KE^K>/d^ddDEdK&WZK&/dKZ>K^^ ,ϭ ,ϭ ŽŶƐƚĂŶƚĐƵƌƌĞŶĐLJ R’ million &ϮϬϮϰ йĐŚĂŶŐĞ &ϮϬϮϯ ,ϭ&ϮϬϮϰ йĐŚĂŶŐĞ ZĞǀĞŶƵĞ ϭϭϯϴϬϮ͕ϴ Ϯϰ͕Ϭ ϵϭϳϰϴ͕ϲ ϭϬϭϲϭϳ͕ϯ ϭϬ͕ϴ dƌĂĚŝŶŐƉƌŽĨŝƚ ϱϴϲϮ͕ϳ ϮϬ͕ϴ ϰϴϱϮ͕ϲ ϱϮϴϳ͕ϴ ϵ͕Ϭ dƌĂĚŝŶŐŵĂƌŐŝŶƐй ϱ͕Ϯ ϱ͕ϯ EŽŶͲ/&Z^ϭϲ/d ϲϱϴϭ͕ϴ Ϯϭ͕ϭ ϱϰϯϳ͕ϭ ϱϵϮϵ͕Ϯ ϵ͕ϭ KƉĞƌĂƚŝŶŐĐŽƐƚƐĂƐĂйŽĨƌĞǀĞŶƵĞŝŶĐƌĞĂƐĞĚĨƌŽŵϭϴ͕ϯйƚŽϭ
Slide 28: Consolidated Statement of Profit or Loss
KE^K>/d^ddDEdK&WZK&/dKZ>K^^ ,ϭ ,ϭ ŽŶƐƚĂŶƚĐƵƌƌĞŶĐLJ R’ million &ϮϬϮϰ йĐŚĂŶŐĞ &ϮϬϮϯ ,ϭ&ϮϬϮϰ йĐŚĂŶŐĞ ZĞǀĞŶƵĞ ϭϭϯϴϬϮ͕ϴ Ϯϰ͕Ϭ ϵϭϳϰϴ͕ϲ ϭϬϭϲϭϳ͕ϯ ϭϬ͕ϴ dƌĂĚŝŶŐƉƌŽĨŝƚ ϱϴϲϮ͕ϳ ϮϬ͕ϴ ϰϴϱϮ͕ϲ ϱϮϴϳ͕ϴ ϵ͕Ϭ &ŝŶĂŶĐĞĐŽƐƚƐ ;ϱϯϲ͕ϰͿ ;Ϯϳ͕ϯͿ ;ϰϮϭ͕ϯͿ ;ϰϳϳ͕ϮͿ ;ϭϯ͕ϯͿ • ŽŶƐƚĂŶƚĐƵƌƌĞŶĐLJŶĞƚĨŝŶĂŶĐĞĐŚĂƌŐĞƐ;ĞdžĐůƵĚŝŶŐ/&Z^ϭϲĐŚĂƌŐĞƐͿŚŝŐŚĞƌ
Slide 29: Consolidated Statement of Profit or Loss
KE^K>/d^ddDEdK&WZK&/dKZ>K^^ ,ϭ ,ϭ ŽŶƐƚĂŶƚĐƵƌƌĞŶĐLJ R’ million &ϮϬϮϰ йĐŚĂŶŐĞ &ϮϬϮϯ ,ϭ&ϮϬϮϰ йĐŚĂŶŐĞ ZĞǀĞŶƵĞ ϭϭϯϴϬϮ͕ϴ Ϯϰ͕Ϭ ϵϭϳϰϴ͕ϲ ϭϬϭϲϭϳ͕ϯ ϭϬ͕ϴ dƌĂĚŝŶŐƉƌŽĨŝƚ ϱϴϲϮ͕ϳ ϮϬ͕ϴ ϰϴϱϮ͕ϲ ϱϮϴϳ͕ϴ ϵ͕Ϭ &ŝŶĂŶĐĞĐŽƐƚƐ ;ϱϯϲ͕ϰͿ ;Ϯϳ͕ϯͿ ;ϰϮϭ͕ϯͿ ;ϰϳϳ͕ϮͿ ;ϭϯ͕ϯͿ ^ŚĂƌĞŽĨƉƌŽĨŝƚŽĨĂƐƐŽĐŝĂƚĞƐĂŶĚ:sƐ ϲϰ͕Ϯ ϯϯ͕ϴ ϰϴ͕Ϭ ϲϭ͕ϰ Ϯϴ͕Ϭ dĂdžĂƚŝŽ
Slide 30: Consolidated Statement of Financial Position
KE^K>/d^ddDEdK&&/EE/>WK^/d/KE R’ million ,ϭ&ϮϬϮϰ ,ϭ&ϮϬϮϯ &ϮϬϮϯ /ŶǀĞƐƚŵĞŶƚŝŶWWŝŶĨƌĂƐƚƌƵĐƚƵƌĞ • džƉĂŶƐŝŽŶĂƌLJĐĂƉŝƚĂůŝŶǀĞƐƚŵĞŶƚƐ;ĐĂƉŝŶͿĂĐĐŽƵŶƚĞĚĨŽƌZϭ͕ϵďŝůůŝŽŶǁŚŝĐŚƌĞůĂƚĞĚƚŽŝŶĨƌĂƐƚƌƵĐƚƵƌĞĐĂƉŝŶ;ƚŚƌŽƵŐŚƵƉŐƌĂĚĞƐƚŽ EŽŶͲĐƵƌƌĞŶƚĂƐƐĞƚƐ ϱϰϮϳϭ͕ϵ ϰϰϮϭϬ͕Ϭ ϱϮϴϱϳ͕ϲ (or new) distribution centres including the fit out o
Slide 31: Consolidated Statement of Cash Flows
KE^K>/d^ddDEdK&^,&>Kt^ H1F2024 (R’ billion) ,ϭ&ϮϬϮϯ(R’ billion) ĂƐŚŐĞŶĞƌĂƚĞĚĨƌŽŵŽƉƐƉƌĞͲǁĐ ϲ͕ϴ ϲ͕ϭ ;ϯ͕ϱͿ ;ϯ͕ϭͿ tŽƌŬŝŶŐĐĂƉŝƚĂůĂďƐŽƌďĞĚ ;Ϭ͕ϰͿ ;Ϭ͕ϰͿ EĞƚĨŝŶĂŶĐĞĐŚĂƌŐĞƐ ;ϭ͕ϰͿ ;Ϭ͕ϵͿ dĂdžĂƚŝŽŶ ;ϭ͕ϳͿ ;ϭ͕ϯͿ ŝǀŝĚĞŶĚƐƉĂŝĚ ;ϯ͕ϮͿ ;Ϯ͕ϰͿ Cash effects of investment act’s ;Ϭ͕ϱͿ ϭ͕ϳ Cash effects of financing act’s ϱ ϰ
Slide 32: Network Working Capital Days
EdtKZ</E'W/d>z^ ϯͲŵŽŶƚŚƌŽůůŝŶŐĂǀĞƌĂŐĞǁŽƌŬŝŶŐĐĂƉŝƚĂůĚĂLJƐ Ks//DWd ϭϰ ϳ ϳ ϭϮ ϭϬ EĞƚĚĂLJƐ ϰϭ ϰϭ ϯϴ ϯϴ ϯϴ ĞďƚŽƌƐĚĂLJƐ ϯϱ ϰϭ ϯϵ ϰϬ ϯϳ ^ƚŽĐŬĚĂLJƐ ;ϲϮͿ ;ϳϬͿ ;ϲϲͿ ;ϲϱͿ ƌĞĚŝƚŽƌƐĚĂLJƐ ;ϳϱͿ ,ϭ&ϮϬϮϬ ,ϭ&ϮϬϮϭ ,ϭ&ϮϬϮϮ ,ϭ&ϮϬϮϯ ,ϭ&ϮϬϮϰ • ϯͲŵŽŶƚŚƌŽůůŝŶŐĂǀĞƌĂŐĞŶĞƚǁŽƌŬŝŶŐĐĂƉŝƚĂůĚĂLJƐĂƌĞůŽǁĞƌĂƚϭϬ͕ϭĚĂLJƐ;,ϭ&ϮϬϮϯ͗ϭϮ͕ϭĚĂLJƐͿĂŶĚůŽǁ
Slide 33: Cash Generated by Operations, Net Working Capital and Cash Conversion
^,'EZdzKWZd/KE^͕EdtKZ</E'W/d>͕E^,KEsZ^/KE tŽƌŬŝŶŐĐĂƉŝƚĂůǀƐ͘ йĂƐŚĐŽŶǀĞƌƐŝŽŶŽĨ'K йĂƐŚĐŽŶǀĞƌƐŝŽŶŽĨ'K ĂƐŚŐĞŶĞƌĂƚĞĚďLJŽƉĞƌĂƚŝŽŶƐ ďĞĨŽƌĞǁŽƌŬŝŶŐĐĂƉŝƚĂů ĂĨƚĞƌǁŽƌŬŝŶŐĐĂƉŝƚĂů EĞƚǁŽƌŬŝŶŐĐĂƉŝƚĂů ĂƐŚŐĞŶĞƌĂƚĞĚďLJŽƉĞƌĂƚŝŽŶƐ /d dƌĂĚŝŶŐƉƌŽĨŝƚ /d dƌĂĚŝŶŐƉƌŽĨŝƚ ϭϯ͕ϳ Ks//DWd ϭϰϱ ϭϳϬ ϵ͕ϵ ϭϯϯ ϴ͕ϰ ϭϮϲ ϳ͕ϳ ϳ͕ϲ ϭϮϬ ϭϭϲ ϲ͕ϴ ϭϭ
Slide 34: Gearing (Non-IFRS 16)
'Z/E';EKEͲ/&Z^ϭϲͿ EĞƚŝŶƚĞƌĞƐƚͲďĞĂƌŝŶŐĚĞďƚ;ZΖďŝůůŝŽŶͿ /dŝŶƚĞƌĞƐƚĐŽǀĞƌ;džͿ EĞƚĚĞďƚĐŽǀĞŶĂŶƚ–EĞƚĚĞďƚƚŽďĞůŽǁĞƌƚŚĂŶZϯϰ͕ϯďŝůůŝŽŶ ϭϱ͕Ϭ ϯϬ͕Ϭ ϭϯ͕Ϭ Ϯϱ͕ϰ Ϯϱ͕ϳ Ϯϰ͕ϯ Ϯϱ͕Ϭ Ϯϯ͕Ϯ ϭϭ͕Ϭ ϮϬ͕ϳ ϭϵ͕ϯ ϮϬ͕Ϭ ϵ͕Ϭ ϭϱ͕ϴ ϭϱ͕ϱ ϳ͕Ϭ ϭϱ͕Ϭ ϱ͕Ϭ ϭϬ͕Ϭ ϯ͕Ϭ Ϭ͕ϱ ϱ͕Ϭ ϭ͕Ϭ ϱ͕ϲ Ϯ͕ϲ Ϯ͕ϰ ϭ͕ϳ ϰ͕ϲ Ϯ͕ϭ ϲ͕Ϯ Ͳϭ͕Ϭ &ϮϬϮϬ ,ϭ&ϮϬϮϭ &ϮϬϮϭ ,ϭ&ϮϬϮϮ &ϮϬϮϮ ,ϭ&Ϯ
Slide 35: Historical Results: Supplementary Information
/KZW ,/^dKZ/> Z^h>d^ ^ƵƉƉůĞŵĞŶƚĂƌLJŝŶĨŽƌŵĂƚŝŽŶ Notes 35 Bid Corporation Limited Investor presentation for the half year ended December 31 2023
Slide 36: Historical Performance
/KZW,/^dKZ/WZ&KZDE ◼,Ϯ ◼,ϭ◼ dƌĂĚŝŶŐŵĂƌŐŝŶ ŶŶƵĂůŽƉĞƌĂƚŝŽŶƐƌĞƚƵƌŶƐй ZK& ZK ϲϮ͕ϴ ϲϭ͕ϱ ϱϵ͕ϱ ϱϰ͕ϵ ϰϵ͕ϰ ϰϮ͕ϯ й ϰ͕ϵϳ ϱ͕Ϭϳ ϱ͕ϭϲ ϱ͕ϭϲ ϱ͕Ϯϵ ϱ͕ϭϱ й ϰ͕ϭϳ Ϯϳ͕ϳ ϯ͕ϲϲ ϯ͕ϰϯ ϭϵ͕ϳ ϭϵ͕Ϭ ϭϲ͕ϲ ϭϲ͕ϭ ϭϲ͕ϯ ϰ͕ϲ ϭϭ͕Ϭ W&ϮϬϭϲ &ϮϬϭϳ &ϮϬϭϴ &ϮϬϭϵ &ϮϬϮϬ &ϮϬϮϭ &ϮϬϮϮ &ϮϬϮϯ ,ϭ&ϮϬϮϰ &ϮϬϭϴ &ϮϬϭϵ &ϮϬϮϬ &ϮϬϮϭ &ϮϬϮϮ &ϮϬϮϯ ,ϭ&ϮϬϮϰ ZK&ĞdžĐůƵ
Slide 37: Unaudited Financial Results
hEh/d &/EE/>Z^h>d^ ĨŽƌƚŚĞŚĂůĨLJĞĂƌĞŶĚĞĚĞĐĞŵďĞƌϯϭϮϬϮϯ Notes 37 Bid Corporation Limited Investor presentation for the half year ended December 31 2023