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Tiger Brands Limited integrated annual report
2015 37
Segment report
for the year ended 30 September 2015
Turnover
1
Operating income
2
Depreciation and
amortisation
Rm
2015
Restated*
2014
2015
Restated*
2014
2015
Restated*
2014
Domestic operations
23 630,6
22 373,2
3 595,1
3 252,2
419,3
399,7
Grains
11 375,4
10 948,6
2 060,8
1 918,9
147,1
147,9
Milling and Baking
3
8 160,5
8 043,0
1 680,5
1 596,5
126,6
126,9
Other Grains
4
3 214,9
2 905,6
380,3
322,4
20,5
21,0
Consumer Brands
12 255,2
11 424,6
1 539,5
1 375,8
226,9
201,7
Groceries
4 265,4
3 968,7
410,6
320,4
110,1
98,9
Snacks & Treats
2 137,1
2 054,5
314,9
309,4
51,2
39,1
Beverages
1 166,8
1 107,9
137,8
126,6
17,0
17,8
Value Added Meat Products
2 095,1
1 896,2
146,3
130,8
31,1
30,0
Out of Home
443,7
437,1
86,3
90,1
–
–
HPCB
2 147,1
1 960,2
443,6
398,5
17,5
15,9
Personal Care
630,9
564,2
129,7
112,8
3,8
3,9
Baby Care
803,0
747,2
214,2
210,2
9,0
7,2
Home Care
713,2
648,8
99,7
75,5
4,7
4,8
Other
5
–
–
(5,2)
(42,5)
45,3
50,1
Exports and International*
4 617,4
4 578,7
526,7
691,1
87,9
70,2
Exports
1 872,4
1 846,5
364,4
423,6
11,4
10,6
International operations –
Central Africa
*
706,5
659,1
115,8
103,5
20,1
18,3
International operations –
Eastern Africa
*
762,6
803,6
(48,9)
103,6
35,1
26,8
Deciduous Fruit
1 434,0
1 440,1
95,4
60,4
21,3
14,5
Other intergroup sales
(158,1)
(170,6)
–
–
–
–
Nigeria
3 309,6
3 120,1
(438,9)
(281,9)
178,7
247,3
Total from continuing operations
before IFRS 2 charges
31 557,6
30 072,0
3 682,9
3 661,4
685,9
717,2
IFRS 2 charges
–
–
(29,2)
(105,4)
–
–
Total from continuing operations
after IFRS 2 charges
31 557,6
30 072,0
3 653,7
3 556,0
685,9
717,2
Discontinued operation
–
186,9
–
30,8
–
–
Total group
31 557,6
30 258,9
3 653,7
3 586,8
685,9
717,2
*
Segmental reporting has been revised during the current year, with international operations being further segmented into Central and East Africa
operations. The comparative disclosures have been restated accordingly.
1
Refer to note 3 of the financial statements for further information on geographical split.
2
Operating income is stated after amortisation of intangible assets.
3
Comprises maize milling, wheat milling and baking, sorghum beverages and malt-based breakfast cereals.
4
Comprises rice, pasta and oat-based breakfast cereals.
5
Includes the corporate office and management expenses relating to international investments.
All segments operate on an arm’s-length basis in relation to intersegment pricing.