Imperial Holdings Limited - Integrated Report 2013

Integrated Report 2013

Annual Financial Statements 2013

Sustainability Report 2013

Our business model is centred on generating cash in the motor-related businesses to grow the logistics operations, while continually investigating opportunities to enrich our involvement in the motor value chain.

Imperial is a diversified, multinational industrial services and retail group. It is structured on three strategic pillars:

—	Logistics;
—	Automotive and Industrial; and
—	Financial Services.

Logisticss	Automotive and Industrial	Financial Services

This pillar comprises: Africa (including South Africa) These businesses provide complete logistics solutions including transportation, warehousing, distribution and related value added services within Africa. International These businesses provide complete logistics solutions including transportation, warehousing, inland waterway shipping, container and bulk handling, contract manufacturing, subassembly, packaging of materials and related value-added services within Europe.	This pillar comprises: Distribution, Retail and Allied Services These businesses import and distribute a range of passenger and commercial vehicles, industrial equipment and motorcycles and include vehicle dealerships in South Africa and Australia. Automotive Retail These businesses consist of a large network of motor vehicle and commercial vehicle dealerships representing most of the major original equipment manufacturers (OEMs) in South Africa and commercial vehicle dealerships in the United Kingdom. The division also manufactures and sells caravans and canopies. Other Segments The Car Rental business consists of vehicle rental operations spanning the domestic corporate sector and domestic and international and leisure sectors, with extensive support services and the sale of used vehicles. The Autoparts business is involved in wholesaling and distributing vehicle parts and accessories.	This pillar comprises: Insurance These businesses comprise insurance operations which are focused on a range of short, medium and long-term insurance and assurance products that are predominantly associated with the automotive market and includes cell captive arrangements. Other Financial Services These businesses comprise the sale of service, maintenance and extended warranty products associated with the automotive market, other financial products including joint ventures on the sale of financial services and commission factoring operations.


See pages 54 – 64	See pages 66 – 77	See pages 78 – 83
R33,6 billion Revenue up 21% from R27,7 billion in 2012	R57,6 billion Revenue up 11% from R51,7 billion in 2012	R4,2 billion Revenue up 6% from R4,0 billion in 2012
R1,7 billion Operating profit up 11% from R1,5 billion in 2012	R3,6 billion Operating profit up 5% from R3,4 billion in 2012	R0,9 billion Operating profit up 22% from R0,8 billion in 2012

Our operations are in growing markets, with considerable potential for expansion into allied services and relevant new geographies. For further information on how they contribute to the group strategy, please see our business model on page 17.

business model

Group structure