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IMPERIAL HOLDINGS LIMITED Integrated Annual Report 2012 Company overview continued PAGE 10 Key facts Over 47 000 employees 2 water vessels 2 Henry Ford
IMPERIAL HOLDINGS LIMITED Integrated Annual Report 2012
Company overview continued
PAGE 10
Key facts
Over 47 000 employees
2
water vessels
2
Henry Ford
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IMPERIAL HOLDINGS LIMITED Integrated Annual Report 2012
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IMPERIAL HOLDINGS
FINANCIAL SERVICES
DISTRIBUTORSHIPSAUTOMOTIVE RETAIL
Most of these operations are in growing markets, with considerable potential for expansion into allied services and relevant new geographies.
Employing 47 000 people, the group actively encourages entrepreneurship, innovation and industry best practice.
LOGISTICSCAR RENTAL
AND TOURISM
DISTRIBUTION, RETAIL AND
FINANCIAL SERVICES
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1948
1973
1975
1979
1987
1989
1991
1992
1993 – 1999
1995
1996
1998
1999
2000
2001
2004
2005
2006
2008
2009
2010
2011
2012
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Unifying factors Controlling factors
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Our principles, step by step … our positioning
A competitive logistics product range
Importation, retail and financial services
at a
Car rental and tourism
Delivering stakeholder value
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Imperial Holdings Limited
Number of shareholders
Number of shares (’000)
% of ordinary shares listed
Public shareholdersNon-public shareholders
Number of shareholders
% Number of shares (’000)
%
Spread of holdings
Number of shares (’000)
% of voting shares
Shareholder type
Share class
Number of shares (000)
% of issued voting capital
Top 10 shareholders
2012
Stock exchange performance228231
30 099
17 20017 7299 420
9,111,0
Shareholder type (%)
Financial institutions, pension and provident funds 37,4%
Unit trusts 24,3%Individuals 11,3%
Directors and employees 5,5%Corporate holdings 15,0%
Distribution of
shareholders (%)
Public shareholders 77,6%Shareholders holding
more than 10%: 13,0%Directors, their associates
and employees 5,7%Treasury stock 3,7%
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People
Assets
Distribution and franchise rights
Customers
Financial position
Total shareholders’ equity (R billion)
12
11
10
09
08
16
13
12
10
10
Total assets (R billion)
12
11
10
09
08
46
37
34
33
38
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2012 Rm %
80 830
62 699
Total wealth created 18 131
Wealth distribution
10 703 591 772 10
681 4
1 091 61 572 9
4 084 22
1 822 2 262
18 131 100
Value-added ratios
47 6991 695
380
Notes 1. Salaries, wages and other
benefits
9 959744
10 703
2. Central and local governments 1 102
90192
72414827
1 572
Value added 2012 (%)
Employees 59%
Providers of capital 10%
Government 9%
Reinvested in the group 22%
Value added 2011 (%)
Employees 59%
Providers of capital 11%
Government 10%
Reinvested in the group 20%
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Principles of corporate governance and structures
Imperial’s integrated governance model
Board committees
Management committees
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Imperial’s governance structure
Board of directors
* Independent ** Becoming a non-executive director on 1 October 2012
*** German
Board committees
Executive committee
Audit committee
Risk committee
Remuneration and nomination committee
Social, ethics and sustainability committee
Assets and liabilities committee
Group internal audit executive
Group treasurer
Group legal adviser and company secretary
Group risk executive Group head of sustainability
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The board of directors
Board: Regular meetings
Board: Special meetings
Number of meetings during the year
3
Employed up to 30 April 2012.
Thulani Sikhulu Gcabashe (54)*
BA (Botswana), MURP (Ball State Univ,
USA), PED, IMD Lausanne
Santie Botha (48)*
BEcon, BEcon (Hons)
Schalk Engelbrecht (66)*
BSc, MBL, AMP Insead
Phumzile Langeni (37)*
BCom (Acc), BCom (Hons)
Thembisa Dingaan (39)
BProc, LLB (Natal), LLM (Harvard),
HDip Tax (Wits)
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Michael John Leeming (68)* Mohammed Valli Moosa (55) Roderick John Alwyn Sparks (53)*
BCom, MCom, FCMA, FIBSA, AMP BSc BCom (Hons), CA(SA), MBA
Ashley (Oshy) Tugendhaft (64) Younaid Waja (60)*
BA, LLB BCom, BCompt (Hons), CA(SA), HDip
Tax Law
Independent non-executive directors
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Company overview continued
PAGE 24PAGE 24
IMPERIAL HOLDINGS LIMITED
Hubert Rene Brody (48)
Recht Louis (Tak) Hiemstra (56)
Marius Swanepoel (51)
Manuel Pereira de Canha (62)
Gerhard Wessel Riemann (66)
BAcc (Hons), CA(SA)
BCompt (Hons), CA(SA)
BCom Acc (Hons)
Osman Suluman Arbee (53)
Abdul Hafiz Mahomed (61)
BAcc, CA(SA), HDip Tax
BCompt (Hons), CA(SA), HDip Tax
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IMPERIAL HOLDINGS LIMITED
Mohammed Akoojee (33) Berenice Joy Francis (36) Philip Bernard Michaux (52)
BCom Acc (Hons), CA(SA), CFA BCompt (Hons), CIA
Moeketsi Mosola (42) Johan Jurie Strydom (38)
BA Neuroscience and Human
Biopsychology, MA Economics
(University of Houston)
BBusSc, FIA, CFA, MBA
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Board committees and governance structure
Executive committee
Number of meetings during the year 15
Employed up to 30 April 2012.
Group audit committee
Remuneration and nomination committee
Risk committee
Assets and liabilities committee
Number of meetings during the year 4
Non-executive
Social, ethics and sustainability committee
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Number of meetings during the year 4
3
Non-executive.
Employed up to 30 April 2012.
Subsidiary and divisional boards
Accountability and audit
Going concern
Internal financial controls
Internal audit
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Financial reporting
Insider trading
Sustainability, business integrity and ethics
Employment and labour rights
Safety, health and environmental stewardship
www.imperial.co.za.
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Membership of the committee
Member Number of meetings attended
3
3
3
3
Non-executive.
Risk management model
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Key inherent group risks
Risk Strategies implemented in mitigation thereof
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IT governance
The IT governance framework is based on the following six principles:
Risk Strategies implemented in mitigation thereof
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Generating returns and growing the business
Building a robust internal skills pipeline
Investing in education for future skills
Leading corporate citizenship initiatives
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