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BUSINESS MODEL
AND STRATEGIC
OBJECTIVES
LEADERSHIP
GOVERNANCE
SHAREHOLDERS’
INFORMATION AND
ADMINISTRATION
OPERATING
PERFORMANCE
FINANCIAL
PERFORMANCE
BLUE LABEL INTEGRATED ANNUAL REPORT 2014
75
0
200
400
600
800
1 000
June
■
FY2013
■
FY2014
■
FY2015
July
August
September
October
November
December
January
February
March
April
May
YE 2009
1 066
ELECTRICITY SALES ON BEHALF OF UTILITIES (million)
During the year an increasing number of sports
unions, event managers and short- and long-distance
bus and coach transport companies went live with
TicketPros, enabling an increasing number of
Blu Approved retail outlets to add ticketing to
their product range on offer.
Financial services
A growing number of financial services are available,
including bill payments, merchant acquiring and
money transfers.
Bill payments enable consumers to make payments
for numerous services at Blu Approved terminals.
These services include TV licences, Multichoice
subscriptions, Telkom landlines, traffic fines, municipal
rates and taxes, electricity accounts, funeral policies,
education and school fees, furniture accounts and the
National Lottery.
In an arrangement with the merchant acquirer,
MasterCard, and the SA commercial bank, ABSA,
BLD’s devices will enable the acceptance of credit and
debit card acquiring transactions. It is expected that
up to 22 000 of these devices will be deployed in the
initial phase.
Blu Approved
➔
Blu Approved is the Group’s brand that is displayed
at its points of presence.
➔
Blu Approved serves as a stamp of approval and
authenticity, duly endorsed and acknowledged by
Blue Label.
➔
Each Blu Approved merchant is equipped with an
in-store Blu Approved device and clearly
identifiable merchandising tools.
Technology
The technology division is housed in this segment
as the bulk of its functions and services are
interdependent in the distribution of airtime, starter
packs and electricity.
Through the proprietary AEON and AMS systems, as
well as the banking and financial services grade
Postilion platform, the Group’s capability as a neutral
aggregator is entrenched in connecting to mobile
networks, utilities, banks, retailers, petroleum
companies and the point-of-sale devices.
The technology division supports in excess of
400 million transactions per month. Approximately
80 million bulk print vouchers are distributed per
month. Transaction Junction provides the Group’s
EFT capabilities.
Following the commissioning of enhanced
infrastructure in the prior year, critical for Disaster
Recovery and Business Continuity planning, the physical
infrastructure consolidation project was completed
during the current year. Further improvements will be
implemented on an ongoing basis in order to enhance
the Disaster Recovery solution.
The South African Distribution segment’s contribution
to core net profit equated to R559 million (2013:
R571 million).