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SUN INTERNATIONAL ANNUAL REPORT ’10 HERITAGE ENVIRONMENTAL MANAGEMENT PROGRAMME The group embarked on the implementation of the Heritage Environmental Management Programme in 2004 which has now been successfully integrated into our business plans and operations resulting in higher certification awards for a number of properties. International demand for environmentally certified tourism and leisure products continues to grow and the group is now well positioned to take advantage of this growth through its integrated environmental management system. During the year, a number of hotels in the group achieved further recognition for their environmental performance through the Green Globe Certification Programme in conjunction with Heritage. We are confident that this will provide additional exposure for our brand in existing source markets while creating a presence for the group in emerging markets. Latest environmental scores and challenges per property 88 Property Score Opportunities and objectives Boardwalk 82.0% To ensure the sustainability of management systems and accommodate proposed developments. Improved control and oversight of concession partners and tenants. Carnival City 93.3% Reductions in respect of electricity consumption. Carousel 71.0% Integration of overall system into management systems. The lack of suitable staff to manage the process on-site remains a challenge. Fish River Sun 88.3% Greater integration of the EMS documentation systems and finalisation of land issues. Flamingo 74.9% Sustainable EMS management structures and systems. Lack of suitable staff to manage the EMS on-site. Gaborone Sun 75.0% Further resource reductions and improved reporting systems. Golden Valley 42.4% Integration of overall EMS and skills development and awareness training. GrandWest 93.0% Improved control over concession operators and tenants. Kalahari Sands 60.2% Integrated EMS systems and improved reporting systems. Lesotho Sun 89.5% Stabilisation of EMS after refurbishment and improved reporting systems. Morula 86.0% Improved waste management systems and greater control of waste disposal processes. Maseru Sun 82.3% Sustainability of management systems and accountability at property. Meropa 85.0% Improved document management systems. Sibaya 80.0% Greater integration of EMS and improved on-site management and monitoring. Sun City Cabanas 92.5% Stabilisation and improvements to underlying management systems and processes. Sun City Cascades 94.2% Stabilisation and improvements to underlying management systems and processes. Sun City Vacation Club 92.0% Stabilisation and improvements to underlying management systems and processes. Sun City Main hotel 92.3% Stabilisation and improvements to underlying management systems and processes. The Palace of the Lost City 92.5% Stabilisation and improvements to underlying management systems and processes. Swaziland 59.2% Improved sustainability of overall systems and on-site management practice. The Table Bay 76.5% Continuity and EMS administration is needed. Wild Coast Sun 92.0% Refurbishment programme impacts and continuity of past performance. Windmill 81.4% EMS documentation system improvements and scoping responsibilities with owners. Zambia 92.8% Improved performance standards and greater integration of World Heritage Site requirements and systems.
Our property ratings Rm 2010 2009 2008 GrandWest Platinum Gold Gold Boardwalk Gold Silver Silver Carnival City Platinum Gold Silver Sibaya Gold Gold Silver Sun City Gold Gold Silver Wild Coast Sun Platinum Platinum Gold Carousel Gold Gold Gold Morula Gold Gold Silver Meropa Gold Gold Silver Windmill Gold Gold Gold The Table Bay Gold Gold Gold Flamingo Gold Gold Gold Botswana Gold Gold Silver Golden Valley Silver Silver Silver Zambia Platinum Gold Silver Swaziland Silver Silver Silver Kalahari Sands Gold Silver Silver Lesotho Sun Gold Gold Gold Maseru Sun Gold Gold Silver Fish River Sun Gold Gold Gold There has been all round improvement in the environmental performance of the group over the past year and efforts to manage the environmental impacts posed by our operations in southern Africa have delivered some positive results. On-going efforts to establish the group as Africa’s leading environmentally responsible destination remain a priority and a number of refinements to the existing environmental standards of the company are underway in order to achieve this objective. Efforts to raise the environmental performance of our operations in southern Africa were significantly enhanced through the decision to undertake refurbishment of the Wild Coast Sun from the second quarter of the year; completion of the first phase of refurbishment at Lesotho Sun and the outstanding works at the Sun City Resort during 2010. Once again, the group’s sustainable refurbishment strategy was integrated into refurbishment projects and we are confident that the changes and improvements that have been made will result in marked reductions of energy, water and waste in the coming years. ENERGY MANAGEMENT The past year has seen the consolidation of a number of energy initiatives across the group and improved reporting systems across all resource sectors, both of which provide a good base on which to introduce our strategy to report on carbon emissions from 2011. Participation in the Carbon Disclosure Project in 2011 will shortly be approved, making the JOINT REPORT OF THE CHIEF EXECUTIVE AND CHIEF FINANCIAL OFFICER continued group the only hospitality and tourism company in Africa to participate in this prestigious programme. Reliance on coal and fossil fuels for energy and heating has been reduced over the past year with the full implementation of solar heating systems in Gaborone and the discontinuation of the fuel oil boilers at Lesotho Sun. Fuel consumption across operations, mainly for generators and standby power systems, dropped by over 21% in this reporting period due to more reliable electricity supply and reduced need for supplementary supply. Overall electricity consumption has been reduced by 12.4% on the previous year as a result of concerted energy management strategies across the group. This has included the introduction of technology and management systems in a number of properties over the year and greater use of energy efficient lighting systems and operating equipment. Greater awareness of energy use and greater financial controls contributed in part to the savings achieved, although overall costs associated with electricity and energy over the year rose on the back of increased tariffs from Eskom. Reporting standards have generally improved across the group and this year better than expected data on resource use was being produced. LP gas use declined across the group by 33.8% over the year when compared against the previous period and this was attributed to improved management of the resource and reduced reliance on gas as an energy source in a number of properties. The introduction of heat transfer technologies in the kitchens of Sun City and other properties and the discontinuation of bulk gas storage systems at the Fish River Sun and other properties contributed to improved reporting and management of gas in general. The group remains committed to evaluating and where practical, implementing renewable energy systems at resorts across the region. Solar heating tests at Sun City are still being undertaken and it is hoped that during the next financial year a start will be made on retrofitting some of the Vacation Club units with solar heaters. Heat pumps and other energy saving systems are being considered at properties with the greatest need and the installation of these systems at The Table Bay Hotel has already shown positive results. WATER CONSERVATION 9. ENVIRONMENTAL MANAGEMENT Water consumption for the past year has reflected a lower than expected 9.5% reduction in spite of improved water management systems and awareness across our operations. Although this saving represents an improvement on the previous year and is within the projected targets (10.5%) for the year, efforts will be stepped-up in the coming period to ensure the most efficient and responsible use of water across the group. Some notable savings were achieved through the implementation of improved irrigation systems at Sun City (17%); rainwater and grey water systems at Windmill Casino (23%) and more efficient water heating systems at Gaborone Sun (27%). 89 89
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ANNUAL REPORT 2010
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ABOUT THE INTEGRATED REPORT This re
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Carnival City AFRISUN GAUTENG 85% 8
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Monticello
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KEY STRATEGIC IMPERATIVES 3. OUR CU
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Energy management Communities Publi
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Non-Executive Directors MP (MIKE) E
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KH (Kele) Mazwai (41) / GROUP HUMAN
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INTRODUCTION This past year has onc
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Morula APPRECIATION On behalf of th
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AT A GLANCE FINANCIAL HIGHLIGHTS Wi
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TRADING AND GROUP OPERATING PERFORM
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Operational overview - Casinos and
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GrandWest JOINT REPORT OF THE CHIEF
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Gaming taxes by province and countr
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DIVIDENDS 1. SHAREHOLDER DELIVERY T
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JOINT REPORT OF THE CHIEF EXECUTIVE
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The Royal Livingstone 33
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AT A GLANCE 2. PROTECT OUR BUSINESS
Page 39 and 40: By the end of February, the number
Page 41 and 42: WILD COAST SUN The local community
Page 43 and 44: Our market share South Africa Gamin
Page 45 and 46: We estimate that the group’s shar
Page 47 and 48: Carnival City 45
Page 49 and 50: OUR OBJECTIVES IN THIS SECTION: JOI
Page 51 and 52: FEEDBACK ON THE CM INITIATIVES/PROJ
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Page 55 and 56: AT A GLANCE WHAT WE ACHIEVED Final
Page 57 and 58: CAPITAL COMMITMENTS Capital commitm
Page 59 and 60: AT A GLANCE JOINT REPORT OF THE CHI
Page 61 and 62: CONCESSIONAIRES Our concessionaires
Page 63 and 64: AT A GLANCE IN THIS SECTION: JOINT
Page 65 and 66: In line with global trends for lead
Page 67 and 68: JOINT REPORT OF THE CHIEF EXECUTIVE
Page 69 and 70: Beneficiaries of training 2010 Bene
Page 71 and 72: Training investment model JOINT REP
Page 73 and 74: JOB PROFILING Also forming part of
Page 75 and 76: Occupational hygiene and legionella
Page 77 and 78: OUR OBJECTIVES JOINT REPORT OF THE
Page 79 and 80: The table below sets out the direct
Page 81 and 82: MANAGEMENT JOINT REPORT OF THE CHIE
Page 85 and 86: GOLDEN VALLEY CASINO & LODGE’S EN
Page 87 and 88: INCIDENTS JOINT REPORT OF THE CHIEF
Page 89: Efforts to establish the Nedbank Go
Page 95 and 96: AT A GLANCE JOINT REPORT OF THE CHI
Page 97 and 98: SHAWCO - This student-run NGO at th
Page 99 and 100: REGULATORY COMPLIANCE The South Afr
Page 101 and 102: OUR COMMITMENT CORPORATE GOVERNANCE
Page 103 and 104: Principle Action Outcome Independen
Page 105 and 106: The group’s governance is facilit
Page 107 and 108: The chief executive is mandated and
Page 109 and 110: Board meetings A minimum of four bo
Page 111 and 112: The audit committee is primarily re
Page 113 and 114: The committee has adopted a written
Page 115 and 116: The key risks that are identified,
Page 117 and 118: Internal control The board of direc
Page 119 and 120: The group has continued to actively
Page 121 and 122: Group 2010 2009 2008 2007 2006 2005
Page 123 and 124: Group statistics 2010 2009 2008 200
Page 125 and 126: Types of shareholders at 30 June 20
Page 127 and 128: principles of inclusivity, material
Page 129 and 130: The board and the remuneration comm
Page 131 and 132: Prior to the commencement of the re
Page 133 and 134: the travel and leisure sector that
Page 135 and 136: Share plan Date of grant Grant pric
Page 137 and 138: Emoluments Executive directors’ r
Page 139 and 140: for the year ended 30 June NOTES TO
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The annual financial statements whi
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TO THE MEMBERS OF SUN INTERNATIONAL
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HOLDING COMPANY The company has no
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which the entity operates (the func
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elating to certain firm commitments
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expenditure represents the total co
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government and other government rel
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GROUP STATEMENTS OF FINANCIAL POSIT
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Notes GROUP STATEMENTS OF CHANGES I
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for the year ended 30 June Operatin
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for the year ended 30 June NOTES TO
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14. PROPERTY, PLANT AND EQUIPMENT (
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15. INTANGIBLE ASSETS (continued) S
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for the year ended 30 June 18. RETI
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for the year ended 30 June 27. PROV
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for the year ended 30 June 28. CASH
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29. FINANCIAL INSTRUMENTS (continue
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32. RELATED PARTY TRANSACTIONS Key
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32. RELATED PARTY TRANSACTIONS (con
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NOTES TO THE GROUP FINANCIAL STATEM
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COMPANY STATEMENTS OF FINANCIAL POS
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COMPANY STATEMENTS OF CHANGES IN EQ
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NOTES TO THE COMPANY FINANCIAL STAT
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Notice is hereby given that the twe
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Litigation statement The directors
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SUN INTERNATIONAL LIMITED (Incorpor
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SUN INTERNATIONAL LIMITED Incorpora
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