Bid Corporation Limited · JSE:BID

Bid — FY2023 Earnings Presentation

41 slides from Bid's earnings presentation, 2023

  1. Slide 1: Audited Financial Results for the year ended June 30 2023

    h/d&/EE/>Z^h>d^ ĨŽƌƚŚĞLJĞĂƌĞŶĚĞĚ:ƵŶĞϯϬϮϬϮϯ Notes 1 Bid Corporation Limited Investor presentation for the year ended June 30 2023

  2. Slide 2: Corporate strategy

    /KZW^dZd'z ǁĞůůͲĞƐƚĂďůŝƐŚĞĚ͕ĨůĞdžŝďůĞ͕ĨŝŶĂŶĐŝĂůůLJƌŽďƵƐƚ͕ĂŶĚƌĞƐŝůŝĞŶƚĨŽŽĚƐĞƌǀŝĐĞďƵƐŝŶĞƐƐŵŽĚĞů ŝĚĐŽƌƉŝƐĂĐŽŵƉůĞƚĞĨŽŽĚƐĞƌǀŝĐĞƐŽůƵƚŝŽŶƐĞƌǀŝŶŐĐƵƐƚŽŵĞƌƐŝŶϯϱĐŽƵŶƚƌŝĞƐ ŝĚĐŽƌƉƉĞŽƉůĞĂƌĞĞŶƚƌĞƉƌĞŶĞƵƌŝĂůĂŶĚŝŶĐĞŶƚŝǀŝƐĞĚƚŽďĞƐŽ ŝĚĐŽƌƉƌƵŶƐĂƐĂĚĞĐĞŶƚƌĂůŝƐĞĚŐƌŽƵƉǁŝƚŚďĞƐƚƉƌĂĐƚŝĐĞƐǁŝĚĞůLJƐŚĂƌĞĚ ŝĚĐŽƌƉŐƌŽǁƚŚŝƐŽƌŐĂŶŝĐ͕ĂĐƋƵŝƐŝ

  3. Slide 3: Agenda

    'E ĞƌŶĂƌĚĞƌƐŽŶ͕K &ϮϬϮϯŝŶƉĞƌƐƉĞĐƚŝǀĞΘŽƵƚůŽŽŬ ĂǀŝĚůĞĂƐďLJ͕&K &ŝŶĂŶĐŝĂůĂŶĂůLJƐŝƐ YΘ ^ƵƉƉůĞŵĞŶƚĂƌLJŝŶĨŽƌŵĂƚŝŽŶ ƵĚŝƚĞĚ&ŝŶĂŶĐŝĂůZĞƐƵůƚƐĨŽƌƚŚĞLJĞĂƌĞŶĚĞĚ:ƵŶĞϯϬϮϬϮϯ ϯ Notes 3 Bid Corporation Limited Investor presentation for the year ended June 30 2023

  4. Slide 4: In perspective

    &ϮϬϮϯ /EWZ^Wd/s ĞƌŶĂƌĚĞƌƐŽŶ Notes 4 Bid Corporation Limited Investor presentation for the year ended June 30 2023

  5. Slide 5: F2023 in perspective: normalising operating and economic environment

    &dZdhDh>dhKh^&tzZ^EZKZZ^h>d/KZW/^EKt/E EKZD>/^/E'KWZd/E'EKEKD/Es/ZKEDEd ƐƚƌŽŶŐďĂůĂŶĐĞƐŚĞĞƚǁŝƚŚŵŝŶŝŵĂůŐĞĂƌŝŶŐ͕ƐƵƉƉŽƌƚĞĚďLJĐŽŶƐŝƐƚĞŶƚůLJŐŽŽĚĐĂƐŚŐĞŶĞƌĂƚŝŽŶ͕ĞŶĂďůĞƐƵƐƚŽǁŝƚŚƐƚĂŶĚƵŶĞdžƉĞĐƚĞĚ ďƵŵƉƐŝŶƚŚĞƌŽĂĚĂŶĚƚŽĐĂƉŝƚĂůŝƐĞŽŶŽƉƉŽƌƚƵŶŝƚŝĞƐƚŚĂƚǁŝůůůŝĞĂŚĞĂĚŝŶĂŚŝŐŚĞƌŝŶƚĞƌĞƐƚƌĂƚĞǁŽƌůĚ ϮϬϮϯĂŶĚďĞLJŽŶĚ • /dŵĂƌŐŝŶŽĨϲйĂŶĚ

  6. Slide 6: Outlook by territory

    Khd>KK<zdZZ/dKZz • ƐŽĨƚĞŶŝŶŐŝŶĂĐƚŝǀŝƚLJŝŶEĞǁĞĂůĂŶĚLJĞƚŽƵƌƐƚƌĞĂŵůŝŶĞĚƐĞƌǀŝĐĞŽĨĨĞƌŝŶŐŵĞĂŶƐǁĞĂƌĞǁĞůůͲƉůĂĐĞĚǁŚĂƚĞǀĞƌƚŚĞŽƵƚůŽŽŬ͕ďƵƚƚŚĞ ŵĂƌŐŝŶůĞǀĞůŝƐƉƌŽďĂďůLJĂƚŽƌĐůŽƐĞƚŽŽƉƚŝŵƵŵŶŽǁŐŝǀĞŶƚŚĞŵŝdžŽĨƌĞǀĞŶƵĞĚƌŝǀĞƌƐǁĞŚĂǀĞďƵŝůƚŝŶ ƵƐƚƌĂůĂƐŝĂ • /ŶƵƐƚƌĂůŝĂǁĞŚĂǀĞƐŝŵŝůĂƌůLJĞŶũŽLJĞĚĂŚĞĂůƚŚLJŵĂƌŐŝŶƵƉůŝĨƚŝŶƌĞĐĞŶƚLJĞĂƌƐĚƵĞƚŽŽƉĞƌĂ

  7. Slide 7: Financial analysis

    &/EE/> E>z^/^ ĂǀŝĚůĞĂƐďLJ Notes 7 Bid Corporation Limited Investor presentation for the year ended June 30 2023

  8. Slide 8: Financial performance highlights

    &/EE/>WZ&KZDE,/',>/',d^ ŶĞdžĐĞůůĞŶƚĨŝŶĂŶĐŝĂůƉĞƌĨŽƌŵĂŶĐĞ͕ďŽƚŚŝŶĞĂƌŶŝŶŐƐĂŶĚĐĂƐŚĨůŽǁƐ ,ŝŐŚůŝŐŚƚƐ EBITDA (R’ billion) Trading profit (R’ billion) • Revenue of R196,3 billion (↑33,4%); constant currency ↑23,5% ϭϬ͕ϱ ϭϭ͕ϴ • 'ƌŽƐƐŵĂƌŐŝŶůŽǁĞƌƚŽϮϯ͕ϴй;&ϮϬϮϮ͗Ϯϰ͕ϮйͿ ϳ͕ϲ • EŽŶͲ/&Z^ϭϲ/dŵĂƌŐŝŶŽĨϲ͕Ϭй;&ϮϬϮϮ͗ϱ͕ϵйͿ ϴ͕ϲ

  9. Slide 9: Statement of profit

    ^ddDEdK&WZK&/d ZĞĂůŐƌŽǁƚŚĂŶĚŵĂƌŬĞƚƐŚĂƌĞŐĂŝŶƐŽǀĞƌĂŶĚĂďŽǀĞŝŶĨůĂƚŝŽŶĞĨĨĞĐƚƐ • ZĞǀĞŶƵĞŽĨZϭϵϲ͕ϯďŝůůŝŽŶ;&ϮϬϮϮ͗Zϭϰϳ͕ϭďŝůůŝŽŶͿŝƐƵƉϯϯ͕ϰй;ĐŽŶƐƚĂŶƚĐƵƌƌĞŶĐLJ &ϮϬϮϭ &ϮϬϮϮ &ϮϬϮϯ ŝŵƉƌŽǀĞŵĞŶƚŽĨϮϯ͕ϱйͿ͖ŝŶŵŽƐƚŐĞŽŐƌĂƉŚŝĞƐ͕ƚŚĞƌĞŚĂƐďĞĞŶĂƐƚƌŽŶŐƌĞĐŽǀĞƌLJŝŶƚŚĞ Ϯϲй Ϯϰ͕Ϭй Ϯϰ͕Ϯй Ϯϯ͕ϴй discretionary spend sectors: the strategic f

  10. Slide 10: Statement of profit

    ^ddDEdK&WZK&/d ZĞĂůŐƌŽǁƚŚĂŶĚŵĂƌŬĞƚƐŚĂƌĞŐĂŝŶƐŽǀĞƌĂŶĚĂďŽǀĞŝŶĨůĂƚŝŽŶĞĨĨĞĐƚƐ • /d;ĂƌŶŝŶŐƐĞĨŽƌĞ/ŶƚĞƌĞƐƚ͕dĂdž͕ĞƉƌĞĐŝĂƚŝŽŶĂŶĚŵŽƌƚŝƐĂƚŝŽŶ͕ĂŶĚ/&Z^ϭϲͿ EŽŶͲ/&Z^ϭϲŝŶƚĞƌĞƐƚ ĨĨĞĐƚŝǀĞƚĂdžƌĂƚĞй ǁĂƐĞƋƵŝǀĂůĞŶƚƚŽϲ͕ϬйŽĨƌĞǀĞŶƵĞ͕ƵƉŽŶ&ϮϬϮϮŽĨϱ͕ϵй (R’ million) • ŽŶƐƚĂŶƚĐƵƌƌĞŶĐLJŶŽŶͲIFRS 16 net interest ↑ by 51,1% to R508,5 mil

  11. Slide 11: Cash flows

    ^,&>Kt^ ^ƚƌŽŶŐĐĂƐŚĨůŽǁĐLJĐůĞĐŽŶƐŝĚĞƌŝŶŐŝŶǀĞƐƚŵĞŶƚŝŶƚŽǁŽƌŬŝŶŐĐĂƉŝƚĂů͕ĐĂƉŝŶ͕ĂŶĚŚŝŐŚĞƌĚŝǀŝĚĞŶĚƐ • ĂƐŚŐĞŶĞƌĂƚĞĚĨƌŽŵŽƉĞƌĂƚŝŽŶƐďĞĨŽƌĞǁŽƌŬŝŶŐĐĂƉŝƚĂůŽĨZϭϯ͕ϳďŝůůŝŽŶ;&ϮϬϮϮ͗Zϵ͕ϵďŝůůŝŽŶͿ͖ĐĂƐŚŐĞŶĞƌĂƚŝŽŶďLJŽƉĞƌĂƚŝŽŶƐĨŽƌ&ϮϬϮϯƐƉůŝƚZϲ͕ϭďŝůůŝŽŶŝŶ,ϭ&ϮϬϮϯĂŶĚ Zϳ͕ϲďŝůůŝŽŶŝŶ,Ϯ&ϮϬϮϯ͗ • ϭϭϮйŽĨ/dĂŶĚϭϮϲйŽĨƚƌĂĚŝŶŐƉƌŽĨŝƚ;&ϮϬϮϮ͗ϵϮ

  12. Slide 12: Financial position

    &/EE/>WK^/d/KE &ŝŶĂŶĐŝĂůƉŽƐŝƚŝŽŶƌĞŵĂŝŶƐƐƚƌŽŶŐ • ĂůĂŶĐĞƐŚĞĞƚƌĞŵĂŝŶƐƐƚƌŽŶŐǁŝƚŚƌĞůŝĂďůĞĐĂƐŚĨůŽǁƐǁŚŝĐŚĂůůŽǁƐĨůĞdžŝďŝůŝƚLJƚŽ ƋƵŝƚLJZΖďŝůůŝŽŶ EĞƚĚĞďƚZΖďŝůůŝŽŶ ĂĐŚŝĞǀĞƐƚƌĂƚĞŐŝĐŐƌŽǁƚŚŽďũĞĐƚŝǀĞƐ͕ŽƌŐĂŶŝĐĂŶĚĂĐƋƵŝƐŝƚŝǀĞ ϰϮ͕Ϭ ϯϵ͕ϴ ϮϬ͕Ϭ ϭϵ͕ϱ ϭϵ͕Ϭ ϭϴ͕ϱ ϭϴ͕Ϭ ϭϳ͕ϱ ϭϳ͕Ϭ • ^ŚĂƌĞŚŽůĚĞƌƐΖĞƋƵŝƚLJŝŶĐƌĞĂƐĞĚďLJƌĞƚĂŝŶĞĚƉƌŽĨŝƚĂŶĚƉ

  13. Slide 13: Financial guidance

    &/EE/>'h/E KƉĞƌĂƚŝŶŐŝŶĂŵŽƌĞŶŽƌŵĂůŝƐĞĚǁŽƌůĚ;ďƵƚŝĚĐŽƌƉǁĞůůƉůĂĐĞĚƚŽĚĞĂůǁŝƚŚĂŶLJĨƵƌƚŚĞƌƵƉŚĞĂǀĂůͿ • 'ƌŽƵƉƐĂůĞƐƚƌĂĐŬŝŶŐǁĞůůŝŶƚŽ:ƵůLJĂŶĚƵŐƵƐƚϮϬϮϯ͕ĚĞƐƉŝƚĞƉŽŽƌEŽƌƚŚĞƌŶ,ĞŵŝƐƉŚĞƌĞƐƵŵŵĞƌ • &ŝŶĂŶĐŝĂůƐƚƌĞŶŐƚŚƐƵƉƉŽƌƚŝǀĞŽĨďƵƐŝŶĞƐƐĞƐŐƌŽǁƚŚ • ŝĚĐŽƌƉƌĞŵĂŝŶƐĐĂƐŚŐĞŶĞƌĂƚŝǀĞ͕ĂŶĚŵĂŶĂŐĞŵĞŶƚĂƌĞĞdžƉĞĐƚŝŶŐƚŚĞďƵƐŝŶĞƐƐĞƐƚŽƌĞŵĂŝŶƐŽŝ

  14. Slide 14: Q&A

    YΘ Notes 14 Bid Corporation Limited Investor presentation for the year ended June 30 2023

  15. Slide 15: Supplementary information: Segments detail

    ^hWW>DEdZz /E&KZDd/KE ^ĞŐŵĞŶƚƐĚĞƚĂŝů Notes 15 Bid Corporation Limited Investor presentation for the year ended June 30 2023

  16. Slide 16: Australasia

    h^dZ>^/ ZĞǀĞŶƵĞZϰϰ͕ϯďŝůůŝŽŶ;нϮϯ͕ϳйŝŶͿ͕ƚƌĂĚŝŶŐƉƌŽĨŝƚZϯ͕ϱďŝůůŝŽŶ;нϰϭ͕ϯйŝŶͿ–ƵŶůŽĐŬŝŶŐŽƉƉŽƌƚƵŶŝƚLJƚŚƌŽƵŐŚǀĂůƵĞͲĂĚĚƉƌŽĚƵĐƚ ŵĂŶƵĨĂĐƚƵƌŝŶŐĂŶĚƉƌŽĐƵƌĞŵĞŶƚ h^dZ>^/ ƵƐƚƌĂůŝĂ;hͿ ŝŶĐŽƌƉŽƌĂƚŝŶŐƵƐƚƌĂůŝĂĂŶĚEĞǁĞĂůĂŶĚ • &ϮϬϮϯƐĂůĞƐŚŝŐŚĞƌƚŚĂŶƚŚŽƐĞĂĐŚŝĞǀĞĚƉƌĞǀŝŽƵƐůLJ͕ĚĞƐƉŝƚĞƌĞůŝŶƋƵŝƐŚŝŶŐ dƌĂĚŝŶŐƉƌŽĨŝƚZΖŵŝůůŝŽŶ dƌĂĚŝŶŐŵĂƌ

  17. Slide 17: United Kingdom

    hE/d</E'KD ZĞǀĞŶƵĞZϱϭ͕ϰďŝůůŝŽŶ;нϮϴ͕ϱйŝŶͿ͕ƚƌĂĚŝŶŐƉƌŽĨŝƚZϭ͕ϵďŝůůŝŽŶ;нϭϴ͕ϰйŝŶͿ–ŐŽŽĚƚŽƉͲůŝŶĞŐƌŽǁƚŚĂƚƚŚĞĞdžƉĞŶƐĞŽĨƐŽŵĞŐƌŽǁŵĂƌŐŝŶ tŚŽůĞƐĂůĞ;ŝŶĐů&'Ϳ͕DĂŶƵĨĂĐƚƵƌŝŶŐ͕ĂŶĚ&ƌĞƐŚ;'WͿ hE/d</E'KD • tŚŽůĞƐĂůĞĚĞůŝǀĞƌĞĚǀŽůƵŵĞŐƌŽǁƚŚŝŶĞdžĐĞƐƐŽĨϭϬйŝŶďŽƚŚĨƌĞĞƚƌĂĚĞĂŶĚ dƌĂĚŝŶŐƉƌŽĨŝƚZΖŵŝůůŝŽŶ dƌĂĚŝŶŐŵĂƌŐŝŶй ŶĂƚŝŽŶĂůĂĐĐŽƵŶƚƐĞĐƚ

  18. Slide 18: Europe

    hZKW ZĞǀĞŶƵĞZϲϵ͕ϲďŝůůŝŽŶ;нϮϳ͕ϬйŝŶͿ͕ƚƌĂĚŝŶŐƉƌŽĨŝƚZϯ͕ϳďŝůůŝŽŶ;нϯϵ͕ϲйŝŶͿ–ƌĞĐŽƌĚƉĞƌĨŽƌŵĂŶĐĞƚŽďĞĐŽŵĞƚŚĞůĂƌŐĞƐƚĚŝǀŝƐŝŽŶĂů ĐŽŶƚƌŝďƵƚŽƌ ƵƌŽƉĞ EĞƚŚĞƌůĂŶĚƐ;hZͿ EĞƚŚĞƌůĂŶĚƐ͕ĞůŐŝƵŵ͕njĞĐŚΘ^ůŽǀĂŬŝĂ͕WŽůĂŶĚ͕/ƚĂůLJ͕ĂůƚŝĐƐ͕^ƉĂŝŶ͕ • Revenue exceeds €1 billion for the first time WŽƌƚƵŐĂů͕'ĞƌŵĂŶLJ • &ƌĞĞƚƌĂĚĞĂŶĚŝŶĚĞƉĞŶĚĞŶƚ

  19. Slide 19: Europe

    hZKW ZĞǀĞŶƵĞZϲϵ͕ϲďŝůůŝŽŶ;нϮϳ͕ϬйŝŶͿ͕ƚƌĂĚŝŶŐƉƌŽĨŝƚZϯ͕ϳďŝůůŝŽŶ;нϯϵ͕ϲйŝŶͿ–ƌĞĐŽƌĚƉĞƌĨŽƌŵĂŶĐĞƚŽďĞĐŽŵĞƚŚĞůĂƌŐĞƐƚĚŝǀŝƐŝŽŶĂů ĐŽŶƚƌŝďƵƚŽƌ WŽůĂŶĚ;W>EͿ ^ƉĂŝŶ;hZͿ • ŽŶƚŝŶƵĞĚ,ϭƚƌĂũĞĐƚŽƌLJǁŝƚŚĞdžĐĞůůĞŶƚƌĞǀĞŶƵĞ͕ŵĂƌŐŝŶ͕ĂŶĚƚƌĂĚŝŶŐƉƌŽĨŝƚ • ,ŽƌĞĐĂƐĞĐƚŽƌĂĐƚŝǀŝƚLJĞdžĐĞĞĚĞĚƉƌĞͲƉĂŶĚĞŵŝĐůĞǀĞůƐ͕ďŽůƐƚĞƌŝŶŐƚƌĂĚŝŶŐƌĞƐƵůƚƐ ƌĞƐƵůƚƐĚƌ

  20. Slide 20: Emerging Markets

    DZ'/E'DZ<d^ ZĞǀĞŶƵĞZϯϭ͕ϭďŝůůŝŽŶ;нϴ͕ϵйŝŶͿ͕ƚƌĂĚŝŶŐƉƌŽĨŝƚZϭ͕ϲďŝůůŝŽŶ;нϭ͕ϳйŝŶͿ–ŽǀĞƌĂůůƉƌŽĨŝƚĂďŝůŝƚLJŵĂŝŶƚĂŝŶĞĚĚĞƐƉŝƚĞĂŶƵŵďĞƌŽĨ ƵŶĚĞƌƉĞƌĨŽƌŵĞƌƐ ŵĞƌŐŝŶŐDĂƌŬĞƚƐ ^ŽƵƚŚĨƌŝĐĂ;ZͿ ^ŽƵƚŚĨƌŝĐĂ͕'ƌĞĂƚĞƌŚŝŶĂ͕^ŝŶŐĂƉŽƌĞ͕DĂůĂLJƐŝĂ͕sŝĞƚŶĂŵ͕ƌĂnjŝů͕ŚŝůĞ͕ƌŐĞŶƚŝŶĂ͕ • ƌĞĚŝďůĞƌĞƐƵůƚƐĂĐŚŝĞǀĞĚ͕ĚƵĞƚŽƚŚĞŽƵƚƐƚĂŶĚŝŶŐƉĞƌĨŽƌŵĂŶĐĞŽĨƚŚĞ

  21. Slide 21: Emerging Markets

    DZ'/E'DZ<d^ ZĞǀĞŶƵĞZϯϭ͕ϭďŝůůŝŽŶ;нϴ͕ϵйŝŶͿ͕ƚƌĂĚŝŶŐƉƌŽĨŝƚZϭ͕ϲďŝůůŝŽŶ;нϭ͕ϳйŝŶͿ–ŽǀĞƌĂůůƉƌŽĨŝƚĂďŝůŝƚLJŵĂŝŶƚĂŝŶĞĚĚĞƐƉŝƚĞĂŶƵŵďĞƌŽĨ ƵŶĚĞƌƉĞƌĨŽƌŵĞƌƐ ^ŝŶŐĂƉŽƌĞ;^'Ϳ;ŝŶĐů͘sŝĞƚŶĂŵͿ ƌĂnjŝů;Z>Ϳ • WĞƌĨŽƌŵĞĚǁĞůůĚĞƐƉŝƚĞƐůƵŐŐŝƐŚĞĐŽŶŽŵŝĐĂĐƚŝǀŝƚLJ͕ŚŝŐŚŝŶĨůĂƚŝŽŶ͕ĂŶĚƚŝŐŚƚ • &ŽŽĚƐĞƌǀŝĐĞŵĂƌŬĞƚƵŶĚĞƌƉƌĞƐƐƵƌĞ͕ĐŽƐƚƐŝŵƉĂĐƚĞĚďLJŝŶĨůĂƚ

  22. Slide 22: Supplementary information: Financial analysis

    ^hWW>DEdZz /E&KZDd/KE &ŝŶĂŶĐŝĂůĂŶĂůLJƐŝƐ Notes 22 Bid Corporation Limited Investor presentation for the year ended June 30 2023

  23. Slide 23: Segment revenue

    ^'DEd>ZsEh ƐŚĂƌĞŽĨ ƐŚĂƌĞŽĨ ŽŶƐƚĂŶƚ ZĞǀĞŶƵĞ ŐƌŽƵƉ ĐŚĂŶŐĞ ZĞǀĞŶƵĞ ŐƌŽƵƉ ĐƵƌƌĞŶĐLJ ĐŚĂŶŐĞ R’ million &ϮϬϮϯ й й &ϮϬϮϮ й &ϮϬϮϯ й ƵƐƚƌĂůĂƐŝĂ ϰϰϯϯϲ͕ϳ ϮϮ͕ϲ ϯϯ͕Ϭ ϯϯϯϰϯ͕ϰ ϮϮ͕ϳ ϰϭϮϰϵ͕Ϯ Ϯϯ͕ϳ hŶŝƚĞĚ <ŝŶŐĚŽŵ ϱϭϯϳϴ͕ϵ Ϯϲ͕Ϯ ϯϱ͕ϵ ϯϳϴϭϴ͕ϵ Ϯϱ͕ϳ ϰϴϱϵϰ͕ϯ Ϯϴ͕ϱ ƵƌŽƉĞ ϲϵϱϰϴ͕ϳ ϯϱ͕ϰ ϯϴ͕ϵ ϱϬϬϳϳ͕ϭ ϯϰ͕Ϭ ϲϯϲϬϳ͕ϴ Ϯϳ͕Ϭ ŵĞƌŐŝŶŐ DĂƌŬĞ

  24. Slide 24: Segment trading profit

    ^'DEd>dZ/E'WZK&/d ŽŶƐƚĂŶƚ ŵĂƌŐŝŶ ƐŚĂƌĞŽĨŐƌŽƵƉ ĐŚĂŶŐĞ ŵĂƌŐŝŶ ƐŚĂƌĞŽĨŐƌŽƵƉ ĐƵƌƌĞŶĐLJ ĐŚĂŶŐĞ R’ million &ϮϬϮϯ й й й &ϮϬϮϮ й й &ϮϬϮϯ й ŝĚĨŽŽĚ ϭϬϲϵϬ͕Ϭ ϳϲϴϳ͕ϱ ϵϴϵϵ͕Ϯ ƵƐƚƌĂůĂƐŝĂ ϯϱϰϭ͕Ϯ ϴ͕Ϭ ϯϯ͕ϳ ϱϭ͕ϵ ϮϯϯϬ͕ϵ ϳ͕Ϭ ϯϬ͕ϳ ϯϮϵϮ͕ϴ ϰϭ͕ϯ hŶŝƚĞĚ <ŝŶŐĚŽŵ ϭϵϭϴ͕ϴ ϯ͕ϳ ϭϴ͕ϯ Ϯϱ͕ϭ ϭϱϯϯ͕Ϯ ϰ͕ϭ ϮϬ͕Ϯ ϭϴϭϰ͕ϴ ϭϴ͕ϰ ƵƌŽƉĞ ϯϲϱϵ͕ϭ ϱ͕ϯ

  25. Slide 25: Supplementary information: Financial analysis

    ^hWW>DEdZz /E&KZDd/KE &ŝŶĂŶĐŝĂůĂŶĂůLJƐŝƐ Notes 25 Bid Corporation Limited Investor presentation for the year ended June 30 2023

  26. Slide 26: Consolidated statement of profit or loss

    KE^K>/d^ddDEdK&WZK&/dKZ>K^^ ŽŶƐƚĂŶƚ ĐƵƌƌĞŶĐLJ R’ million &ϮϬϮϯ й &ϮϬϮϮ &ϮϬϮϯ й ZĞǀĞŶƵĞ ϭϵϲϯϰϭ͕Ϯ ϯϯ͕ϰ ϭϰϳϭϯϴ͕ϯ ϭϴϭϲϱϯ͕ϭ Ϯϯ͕ϱ ^ĞŐŵĞŶƚĂůŐƌŽƐƐŵĂƌŐŝŶƐ • hŶŝƚĞĚ<ŝŶŐĚŽŵͲ Zϱϭ͕ϰďŝůůŝŽŶ;ZŵŽǀĞŵĞŶƚ͗↑ϯϱ͕ϵй͖>ŽĐĂů&y͗↑28,5йͿ͘sŽůƵŵĞƐǁĞƌĞϭϬйďĞƚƚĞƌǁŚŝĐŚŝƐŵŽƌĞƌĞĨůĞĐƚŝǀĞŽĨƉĞƌĨŽƌŵĂŶĐĞǁŚĞƌĞŶĂƚŝŽŶĂůĂĐĐŽƵŶƚĂŶĚĨƌĞĞƚƌĂĚĞǀŽůƵŵ

  27. Slide 27: Consolidated statement of profit or loss

    KE^K>/d^ddDEdK&WZK&/dKZ>K^^ ŽŶƐƚĂŶƚ ĐƵƌƌĞŶĐLJ R’ million &ϮϬϮϯ й &ϮϬϮϮ &ϮϬϮϯ й ZĞǀĞŶƵĞ ϭϵϲϯϰϭ͕Ϯ ϯϯ͕ϰ ϭϰϳϭϯϴ͕ϯ ϭϴϭϲϱϯ͕ϭ Ϯϯ͕ϱ 'ƌŽƐƐƉƌŽĨŝƚй ϮϮϯ͕ϴ ;ϭ͕ϲͿ Ϯϰ͕Ϯ ^ĞŐŵĞŶƚĂůŐƌŽƐƐŵĂƌŐŝŶƐ • ƵƐƚƌĂůĂƐŝĂ Ϯϲ͕ϭйĨƌŽŵϮϰ͕ϵй;&ϮϬϮϮͿ • hŶŝƚĞĚ<ŝŶŐĚŽŵ Ϯϯ͕ϬйĨƌŽŵϮϰ͕ϳй;&ϮϬϮϮͿ • ƵƌŽƉĞ Ϯϱ͕ϳйĨƌŽŵϮϱ͕ϲй;&ϮϬϮϮͿ • ŵĞƌŐŝŶŐDĂƌŬĞƚƐ ϮϮ͕ϭй

  28. Slide 28: Consolidated statement of profit or loss

    KE^K>/d^ddDEdK&WZK&/dKZ>K^^ ŽŶƐƚĂŶƚ ĐƵƌƌĞŶĐLJ R’ million &ϮϬϮϯ й &ϮϬϮϮ &ϮϬϮϯ й ZĞǀĞŶƵĞ ϭϵϲϯϰϭ͕Ϯ ϯϯ͕ϰ ϭϰϳϭϯϴ͕ϯ ϭϴϭϲϱϯ͕ϭ Ϯϯ͕ϱ dƌĂĚŝŶŐƉƌŽĨŝƚ ϭϬϱϬϴ͕ϲ ϯϴ͕ϰ ϳϱϵϬ͕ϴ ϵϳϮϰ͕Ϯ Ϯϴ͕ϭ dƌĂĚŝŶŐŵĂƌŐŝŶƐ ϱ͕ϰ ϯ͕ϳ ϱ͕Ϯ EŽŶͲ/&Z^ϭϲ/d ϭϭϳϴϲ͕ϭ ϯϲ͕ϯ ϴϲϰϰ͕ϴ ϭϬϭϵϲ͕ϯ Ϯϲ͕ϯ • KƉĞƌĂƚŝŶŐĐŽƐƚƐĂƐĂйŽĨƌĞǀĞŶƵĞĚĞĐƌĞĂƐĞĚĨƌŽŵϭϵ͕ϭй;&ϮϬϮϯͿƚŽϭϴ

  29. Slide 29: Consolidated statement of profit or loss

    KE^K>/d^ddDEdK&WZK&/dKZ>K^^ ŽŶƐƚĂŶƚ ĐƵƌƌĞŶĐLJ R’ million &ϮϬϮϯ й &ϮϬϮϮ &ϮϬϮϯ й ZĞǀĞŶƵĞ ϭϵϲϯϰϭ͕Ϯ ϯϯ͕ϰ ϭϰϳϭϯϴ͕ϯ ϭϴϭϲϱϯ͕ϭ Ϯϯ͕ϱ dƌĂĚŝŶŐƉƌŽĨŝƚ ϭϬϱϬϴ͕ϲ ϯϴ͕ϰ ϳϱϵϬ͕ϴ ϵϳϮϰ͕Ϯ Ϯϴ͕ϭ EĞƚĨŝŶĂŶĐĞĞdžƉĞŶƐĞ ;ϵϬϵ͕ϴͿ ;ϯϭ͕ϵͿ ;ϲϴϵ͕ϴͿ ;ϴϮϵ͕ϲͿ ;ϮϬ͕ϯͿ • ŽŶƐƚĂŶƚĐƵƌƌĞŶĐLJŶĞƚĨŝŶĂŶĐĞĐŚĂƌŐĞƐ;ĞdžĐůƵĚŝŶŐ/&Z^ϭϲĐŚĂƌŐĞƐͿǁĞƌĞŚŝŐŚĞƌďLJϱϭ͕ϭй

  30. Slide 30: Consolidated statement of profit or loss

    KE^K>/d^ddDEdK&WZK&/dKZ>K^^ ŽŶƐƚĂŶƚ ĐƵƌƌĞŶĐLJ R’ million &ϮϬϮϯ й &ϮϬϮϮ &ϮϬϮϯ й ZĞǀĞŶƵĞ ϭϵϲϯϰϭ͕Ϯ ϯϯ͕ϰ ϭϰϳϭϯϴ͕ϯ ϭϴϭϲϱϯ͕ϭ Ϯϯ͕ϱ dƌĂĚŝŶŐƉƌŽĨŝƚ ϭϬϱϬϴ͕ϲ ϯϴ͕ϰ ϳϱϵϬ͕ϴ ϵϳϮϰ͕Ϯ Ϯϴ͕ϭ EĞƚĨŝŶĂŶĐĞĞdžƉĞŶƐĞ ;ϵϬϵ͕ϴͿ ;ϯϭ͕ϵͿ ;ϲϴϵ͕ϴͿ ;ϴϮϵ͕ϲͿ ;ϮϬ͕ϯͿ ^ŚĂƌĞŽĨƉƌŽĨŝƚŽĨĂƐƐŽĐŝĂƚĞƐĂŶĚ:sƐ ϴϵ͕Ϯ ϭϮϰ͕ϳ ϯϵ͕ϳ ϴϱ͕ϴ ϭϭϲ͕ϭ dĂdžĂƚŝŽŶ ;Ϯϯϵϯ͕ϱ

  31. Slide 31: Consolidated statement of profit or loss

    KE^K>/d^ddDEdK&WZK&/dKZ>K^^ ŽŶƐƚĂŶƚ ĐƵƌƌĞŶĐLJ R’ million &ϮϬϮϯ й &ϮϬϮϮ &ϮϬϮϯ й ZĞǀĞŶƵĞ ϭϵϲϯϰϭ͕Ϯ ϯϯ͕ϰ ϭϰϳϭϯϴ͕ϯ ϭϴϭϲϱϯ͕ϭ Ϯϯ͕ϱ dƌĂĚŝŶŐƉƌŽĨŝƚ ϭϬϱϬϴ͕ϲ ϯϴ͕ϰ ϳϱϵϬ͕ϴ ϵϳϮϰ͕Ϯ Ϯϴ͕ϭ EĞƚĨŝŶĂŶĐĞĞdžƉĞŶƐĞ ;ϵϬϵ͕ϴͿ ;ϯϭ͕ϵͿ ;ϲϴϵ͕ϴͿ ;ϴϮϵ͕ϲͿ ;ϮϬ͕ϯͿ ^ŚĂƌĞŽĨƉƌŽĨŝƚŽĨĂƐƐŽĐŝĂƚĞƐĂŶĚ:sƐ ϴϵ͕Ϯ ϭϮϰ͕ϳ ϯϵ͕ϳ ϴϱ͕ϴ ϭϭϲ͕ϭ dĂdžĂƚŝŽŶ ;Ϯϯϵϯ͕ϱ

  32. Slide 32: Consolidated statement of profit or loss

    KE^K>/d^ddDEdK&WZK&/dKZ>K^^ ŽŶƐƚĂŶƚ ĐƵƌƌĞŶĐLJ R’ million &ϮϬϮϯ й &ϮϬϮϮ &ϮϬϮϯ й ZĞǀĞŶƵĞ ϭϵϲϯϰϭ͕Ϯ ϯϯ͕ϰ ϭϰϳϭϯϴ͕ϯ ϭϴϭϲϱϯ͕ϭ Ϯϯ͕ϱ dƌĂĚŝŶŐƉƌŽĨŝƚ ϭϬϱϬϴ͕ϲ ϯϴ͕ϰ ϳϱϵϬ͕ϴ ϵϳϮϰ͕Ϯ Ϯϴ͕ϭ EĞƚĨŝŶĂŶĐĞĞdžƉĞŶƐĞ ;ϵϬϵ͕ϴͿ ;ϯϭ͕ϵͿ ;ϲϴϵ͕ϴͿ ;ϴϮϵ͕ϲͿ ;ϮϬ͕ϯͿ ^ŚĂƌĞŽĨƉƌŽĨŝƚŽĨĂƐƐŽĐŝĂƚĞƐĂŶĚ:sƐ ϴϵ͕Ϯ ϭϮϰ͕ϳ ϯϵ͕ϳ ϴϱ͕ϴ ϭϭϲ͕ϭ dĂdžĂƚŝŽŶ ;Ϯϯϵϯ͕ϱ

  33. Slide 33: Consolidated statement of financial position

    KE^K>/d^ddDEdK&&/EE/>WK^/d/KE R’ million &ϮϬϮϯ &ϮϬϮϮ • /ŶǀĞƐƚŵĞŶƚŝŶWWŝŶĨƌĂƐƚƌƵĐƚƵƌĞ • Expansionary capital investments (“capin”) accounted for R1,8 billion which related to infrastructure capin (through upgrades ƚŽ ;ŽƌŶĞǁͿĚŝƐƚƌŝďƵƚŝŽŶ EŽŶͲĐƵƌƌĞŶƚĂƐƐĞƚƐ ϱϮϴϱϳ͕ϲ ϰϬϰϵϯ͕ϭ centres including the fit out o

  34. Slide 34: Consolidated statement of cash flows

    KE^K>/d^ddDEdK&^,&>Kt^ F2023 (R’ billion) F2022 (R’ billion) ĂƐŚŐĞŶĞƌĂƚĞĚĨƌŽŵŽƉƐƉƌĞͲǁŽƌŬŝŶŐĐĂƉŝƚĂů ϭϯ͕ϳ ϵ͕ϵ tŽƌŬŝŶŐĐĂƉŝƚĂů;ƵƚŝůŝƐĞĚͿŐĞŶĞƌĂƚĞĚ ;Ϭ͕ϱͿ ;Ϯ͕ϬͿ EĞƚĨŝŶĂŶĐĞĐŚĂƌŐĞƐ ;Ϭ͕ϳͿ ;Ϭ͕ϲͿ ;Ϯ͕ϬͿ ;ϭ͕ϱͿ dĂdžĂƚŝŽŶ ;Ϯ͕ϴͿ ;Ϯ͕ϰͿ ŝǀŝĚĞŶĚƐƉĂŝĚ ;ϱ͕ϴͿ ;ϯ͕ϰͿ Cash effects of investment act’s ϭ͕ϳ ;Ϭ͕ϵͿ Cash effects of

  35. Slide 35: Cash generated by operations, net working capital and cash conversion

    ^,'EZdzKWZd/KE^͕EdtKZ</E'W/d>E^,KEsZ^/KE tŽƌŬŝŶŐĐĂƉŝƚĂůǀƐ͘ĂƐŚŐĞŶĞƌĂƚĞĚ йĂƐŚĐŽŶǀĞƌƐŝŽŶŽĨ'K йĂƐŚĐŽŶǀĞƌƐŝŽŶŽĨ'K ďLJŽƉĞƌĂƚŝŽŶƐ;ďĞĨŽƌĞǁŽƌŬŝŶŐĐĂƉŝƚĂůͿ ďĞĨŽƌĞǁŽƌŬŝŶŐĐĂƉŝƚĂů ĂĨƚĞƌǁŽƌŬŝŶŐĐĂƉŝƚĂů EĞƚǁŽƌŬŝŶŐĐĂƉŝƚĂů ĂƐŚŐĞŶĞƌĂƚĞĚďLJŽƉĞƌĂƚŝŽŶƐ /d dƌĂĚŝŶŐƉƌŽĨŝƚ /d dƌĂĚŝŶŐƉƌŽĨŝƚ ϭϯ͕ϳ Ks//DWd Ks//DWd ϭϳϰ ϮϬϲ ϵ͕ϵ ϭϰϳ ϴ

  36. Slide 36: Net working capital days

    EdtKZ</E'W/d>z^ ǀĞƌĂŐĞϯͲŵŽŶƚŚƌŽůůŝŶŐǁŽƌŬŝŶŐĐĂƉŝƚĂůĚĂLJƐ Ks//DWd ϭϯ ϭϱ ϱ ϱ ϳ EĞƚĚĂLJƐ ϰϲ ϰϯ ϯϵ ϯϵ ĞďƚŽƌƐĚĂLJƐ ϯϳ ϱϯ ϰϬ ϯϴ ϯϴ ^ƚŽĐŬĚĂLJƐ ϯϲ ;ϲϲͿ ;ϳϰͿ ;ϳϬͿ ;ϳϬͿ ƌĞĚŝƚŽƌƐĚĂLJƐ ;ϴϰͿ &ϮϬϭϵ &ϮϬϮϬ &ϮϬϮϭ &ϮϬϮϮ &ϮϬϮϯ • ǀĞƌĂŐĞϯͲŵŽŶƚŚƌŽůůŝŶŐĂǀĞƌĂŐĞǁŽƌŬŝŶŐĐĂƉŝƚĂůĚĂLJƐŚĂƐŝŶĐƌĞĂƐĞĚƚŽϳĚĂLJƐĂƐŵĂƌŬĞƚƐŶŽƌŵĂůŝƐĞĚďƵƚĨĂǀŽƵƌĂďůĞ

  37. Slide 37: Gearing

    'Z/E' ƵƌƌĞŶƚ/d͗ŶĞƚĚĞďƚĐŽǀĞŶĂŶƚ–EĞƚĚĞďƚƚŽďĞůŽǁĞƌƚŚĂŶZϮϵ͕ϱďŝůůŝŽŶ EĞƚŝŶƚĞƌĞƐƚͲďĞĂƌŝŶŐĚĞďƚ;ZΖďŝůůŝŽŶͿ /dŝŶƚĞƌĞƐƚĐŽǀĞƌ;džͿ ϭϱ͕Ϭ ϯϬ͕Ϭ Ϯϴ͕Ϭ ϭϯ͕Ϭ Ϯϱ͕ϰ Ϯϱ͕ϳ Ϯϰ͕ϯ Ϯϱ͕Ϭ ϭϭ͕Ϭ Ϯϯ͕Ϯ ϭϵ͕ϯ ϮϬ͕Ϭ ϵ͕Ϭ ϳ͕Ϭ ϭϱ͕ϴ ϭϱ͕Ϭ ϱ͕Ϭ ϭϬ͕Ϭ ϯ͕Ϭ Ϭ͕ϱ ϱ͕Ϭ ϭ͕Ϭ ϰ͕ϳ ϱ͕ϲ Ϯ͕ϰ ϭ͕ϳ ϰ͕ϲ Ϯ͕ϭ Ͳϭ͕Ϭ &ϮϬϭϵ &ϮϬϮϬ &ϮϬϮϭ ,ϭ&ϮϬϮϮ &ϮϬϮϮ ,ϭ&ϮϬϮϯ &ϮϬϮϯ Ϭ͕Ϭ

  38. Slide 38: Hyperinflation accounting | Türkiye

    ,zWZ/E&>d/KEKhEd/E'ͮdmZ</z &ƌŽŵLJĞĂƌƐĞŶĚĞĚ:ƵŶĞϯϬϮϬϮϮ͕ƚŚĞ/ŶƚĞƌŶĂƚŝŽŶĂůDŽŶĞƚĂƌLJ&ƵŶĚtŽƌůĚĐŽŶŽŵŝĐ ,LJƉĞƌŝŶĨůĂƚŝŽŶŝŶĐƌĞĂƐĞ;ĚĞĐƌĞĂƐĞͿƚŽƚŚĞƐƚĂƚĞŵĞŶƚŽĨƉƌŽĨŝƚŽƌůŽƐƐ KƵƚůŽŽŬZĞƉŽƌƚĚĞƚĞƌŵŝŶĞĚƚŚĂƚƐƵďƐŝĚŝĂƌŝĞƐŽĨƚŚĞŐƌŽƵƉǁŝƚŚƚŚĞĨƵŶĐƚŝŽŶĂůĐƵƌƌĞŶĐLJŽĨ R’ million &ϮϬϮϯ ƚŚĞdƺƌŬŝLJĞůŝƌĂƐŚŽƵůĚĂƉƉůLJ&ŝŶĂŶĐŝĂůZĞƉŽƌƚŝŶŐŝŶ,LJƉĞƌŝŶ

  39. Slide 39: Supplementary information: Bidcorp historical results

    ^hWW>DEdZz /E&KZDd/KE ŝĚĐŽƌƉŚŝƐƚŽƌŝĐĂůƌĞƐƵůƚƐ Notes 39 Bid Corporation Limited Investor presentation for the year ended June 30 2023

  40. Slide 40: Bidcorp historical performance

    /KZW,/^dKZ/WZ&KZDE ◼,ϭ◼,Ϯ dƌĂĚŝŶŐŵĂƌŐŝŶ ŶŶƵĂůŽƉĞƌĂƚŝŽŶƐƌĞƚƵƌŶƐ ZK& ZK ϲϮ͕ϴ ϲϭ͕ϱ ϱϰ͕ϵ ϰϵ͕ϰ ϰϮ͕ϯ й Ϯϳ͕ϳ ϱ͕Ϭϳ ϱ͕ϭϲ ϱ͕ϭϲ ϱ͕ϯϱ й ϰ͕ϵϳ ϰ͕ϭϳ ϭϵ͕ϳ ϯ͕ϲϲ ϭϲ͕ϲ ϭϲ͕ϭ ϭϲ͕ϯ ϯ͕ϯϳ ϭϭ͕Ϭ ϰ͕ϲ W&ϮϬϭϲ &ϮϬϭϳ &ϮϬϭϴ &ϮϬϭϵ &ϮϬϮϬ &ϮϬϮϭ &ϮϬϮϮ &ϮϬϮϯ &ϮϬϭϴ &ϮϬϭϵ &ϮϬϮϬ &ϮϬϮϭ &ϮϬϮϮ &ϮϬϮϯ ZK&ĞdžĐůƵĚĞƐĨƌĞĞŚŽůĚƉƌŽƉĞƌƚLJ ,ĞĂĚůŝŶĞĞĂƌŶŝŶ

  41. Slide 41: Audited Financial Results

    h/d&/EE/>Z^h>d^ ĨŽƌƚŚĞLJĞĂƌĞŶĚĞĚ:ƵŶĞϯϬϮϬϮϯ Notes 41 Bid Corporation Limited Investor presentation for the year ended June 30 2023

Bid — FY2023 Earnings Presentation on 6ix