INTEGRATED ANNUAL REPORT 2016

Fields of Omnia

CREATING CUSTOMER WEALTH BY LEVERAGING KNOWLEDGE

About this report

Omnia Holdings Limited (“Omnia” or “the Group”) is an integrated business consisting of three divisions that work together to ensure the responsible, efficient use of resources in a sustainable manner.

Omnia considers the impact its business and operations have on the world in which it operates – not only does the Group try to limit its consumption of materials and resources used in its manufacturing processes, but it also works to create products that make a difference. Omnia’s intellectual capital and technology enable the production of products and services that will continue to meet customers’ needs well into the future. Omnia remains focused on critical issues such as secure food supply, clean water and safer mining, all of which allow the Group to make a difference in today’s world and tomorrow’s.

With this in mind, Omnia has prepared this integrated annual report for its integrated business. This is the Group’s fifth integrated annual report and each year the reporting has evolved, taking into account feedback to improve the standard of reporting. Through this report, Omnia aims to share and elaborate on the details of its three divisions individually and collectively as a Group.

Guided by the International Integrated Reporting Council (IIRC), the International Financial Reporting Standards (IFRS), King III and the Global Reporting Initiative (GRI), Omnia describes its activities during the period under review, its plans for the coming year and how the Group intends to remain a sustainable business over the long-term.

This report covers the three business divisions – Agriculture, Mining and Chemicals – which collectively have a physical presence in 23 countries of which 18, including South Africa, are on the African continent. The Group’s main production facilities and corporate office are based in South Africa. While this report focuses on the financial year, from 1 April 2015 to 31 March 2016, it also includes historical information and forward-looking statements, which provide context in respect of the Group’s strategy and operations.

The information presented in this integrated annual report originated from Omnia’s various operations, before being integrated at divisional and Group level. There have been no restatements in this year’s integrated annual report. The financial statements were independently audited by PricewaterhouseCoopers Inc.

In line with International IIRC guidelines, Omnia has directed this report at providers of capital, and content is based on information deemed important by the Group’s stakeholders.


BOARD RESPONSIBILITY STATEMENT

The Omnia board of directors (the board) acknowledges its responsibility to ensure the accuracy of the integrated annual report for the 2016 financial year. Accordingly, the board has applied its collective expertise to this report and, in its opinion, this report addresses all material issues and presents an integrated and accurate view of Omnia’s performance for the year under review. This integrated annual report has been prepared in accordance with the recommendations of principle 9.1 of the King Code of Governance Principles, King III Report on Corporate Governance, G4 guidelines of the GRI and recommendations of the IIRC. At present, non-financial indicators are not audited.

The Omnia Group

Agriculture

Agriculture

The Agriculture division, which comprises Omnia Fertilizer and Omnia Specialities, produces and trades in granular, liquid and speciality fertilizers to a broad customer base of farmers, co-operatives and wholesalers throughout South Africa, southern and East Africa, Australasia and Brazil.

Performance review
Mining

Mining

The Mining division comprises BME and Protea Mining Chemicals. BME is a leading manufacturer and supplier in South Africa, southern and west Africa and Australia of explosives, related accessories and blasting services to the mining, quarrying and construction industries. Protea Mining Chemicals specialises in products and solutions for processing and recovery plants in the mining industry.

Performance in 2016
Chemicals

Chemicals

The Chemicals division’s primary business, Protea Chemicals, is a manufacturer and distributor of specialty, functional and effect chemicals and polymers. It has a presence in every sector of the broader chemical distribution market throughout southern and East Africa.

Performance in 2016

Leadership statements

Neville Crosse, Chairman

Emphasis on cash generation and working capital management in recent years leaves the balance sheet at year-end free of net debt, for the first time in the past decade

Neville Crosse Chairman’s statement

Rod Humphris, Group Managing Director

The Group’s strategy has been shaped over a number of years, and focuses on maintaining our unique, specialised market offerings while expanding organically.

Rod Humphris Group Managing Director’s review

Wayne Koonin, Group Finance Director

The FY2016 was extremely challenging for the Group with turnover remaining steady while operating profitability decreased year-on-year due to tough conditions.

Wayne Koonin Group Finance Director’s report

2016 Suite of reports


Notice of meeting

Shareholders are invited to attend the 49th Omnia Holdings Annual General Meeting (AGM), to be held at 10:00 am on Thursday, 22 September 2016 at our office in Bryanston, Johannesburg.