Preseen

Question 1

How much were paid in dividends in 2019, and what % of PAT was this

Answer 1

$5.9bn, 83% of the $7.1bn PAT

Question 2

What were the retained earnings in 2019

Answer 2

$7.1bn

Question 3

What are the NCL on the SOFP

Answer 3

$15.8bn

Question 4

What are the issues with Runn’s corporate governance

Answer 4

* Chairman should not chair the committees * Each committee should have a different head to split up power * There is no nominations committee * The risk committee should fall under the audit committee and contain operating staff * Gijs de Haan should be on the audit committee because of his finance background * Gijs de Haan has a potential COI due to his ties with the aviation industry

Question 5

What has the average selling price moved from and to between 2001 and 2019

Answer 5

G$24 to G16

Question 6

When was Runn Founded

Answer 6

1932

Question 7

What are the borrowings on the SOFP

Answer 7

$14.6bn

Question 8

Who are the executive leadership team at Runn, what divisions do they manage and what is their background

Answer 8

CEO - Augustus Siafa, since graduating, HR background Ops Director - Juanita Alvares, since 2014, Engineering in Automotive Industry Finance Director - Chen Yanyun, since 2016, Software and Fin Services HR Director - Thushara Mapalagama, since 2006, Geeland HRM body, Retail Industry experience (high staff volumes)

Question 9

By how much did the foreign currency reserve increase in 2019

Answer 9

$329m

Question 10

How many depots does Runn have

Answer 10

1,600

Question 11

How many vehicles does Runn have

Answer 11

104,000

Question 12

What type of operating structure does Runn have

Answer 12

The functional structure

Question 13

What have daily volumes of packages moved from and to between 2001 and 2019

Answer 13

From 4.5m to 9m

Question 14

What are the retained earnings on the SOFP

Answer 14

$8.0bn

Question 15

How much cash does Runn hold on its SOFP

Answer 15

$3.1bn

Question 16

What was the PAT for Runn in 2018 and 2019

Answer 16

$6.3bn and $7.1bn

Question 17

What are the two low volume services Runn provide

Answer 17

Drop and Send, Click and Send

Question 18

How much share capital is on the SOFP

Answer 18

$2.5bn

Question 19

Describe the delivery driver technology onboard the van

Answer 19

* Computer with satnav which speaks in real time to depot * Text updates from depot to driver during transit * Handheld scanner which updates back to onboard computer post each delivery

Question 20

What is the effective tax rate paid by Runn in 2018 and 2019

Answer 20

20%

Question 21

If Runn wants to resist a takeover what methods could it use?

Answer 21

Persuade shareholders in current vision White Knight bidder

Question 22

What are the current liabilities on the SOFP

Answer 22

$5.3bn

Question 23

What two things does Runns software do for a delivery in specific

Answer 23

Checks for legality, health and safety laws/regulations in relevant countries Produces a reference number and enables tracking at each step of transit

Question 24

What is Runn’s Staffing costs in 2019

Answer 24

$27.2bn

Question 25

What were Runn's operating costs in 2018 and 2019

Answer 25

$40.5bn and $43.2bn

Question 26

What is the approximate share price of Runn

Answer 26

$13 per share

Question 27

Who are the board of directors at Runn, what industries do they come from and what area of expertise do they have

Answer 27

Chairman - Ronald Hellers, Banking, Chief Economist NED - Gijs de Haan, Finance, Aviation NED - Nasreen Shah, Legal, Major Law Firm NED - Frank Duchamps, Chairman, Retail NED - Gina Lovett, Engineer, Major engineering company

Question 28

What does the Geeland telegraph say about 3D technology

Answer 28

That Frontt are experimenting with it That suppliers can email designs That it is faster and more convenient That the tech is beginning to mature rapidly and quality of outputs are becoming better

Question 29

What were Runn's operating profits in 2018 and 2019

Answer 29

$9.4bn and $8.4bn

Question 30

What does the Geeland daily news say about customer expectations

Answer 30

30% of orders abandoned due to lack of acceptable timeframe upon purchase \<24 hours and even 2 hour delivery timeframes are becoming the norm Specified day also a preference so they can be home to receive (we do not appear to offer this) Expectation of express being free or close to free

Question 31

What risk categories are on Runns risk register

Answer 31

International trade laws and regulations Economic expansion and contraction Currency exposure Supply Chain disruption Staffing Issues IS security

Question 32

How many cargo planes does Runn operate

Answer 32

208

Question 33

What can Runn do about the changes in driver penalties

Answer 33

Train drivers to make them aware of the new rules

Question 34

What does the Geeland telegraph say about military logistical support and what does this mean for us.

Answer 34

$800m spent in the last year Related to anti-poaching Navy studies courier companies to improve its own logisitics We could provide consulting and or/courier services to military, but question over ethics

Question 35

Who is the first modern day logistics company and when were they founded

Answer 35

Wells Fargo, the 1850s

Question 36

How much NCA does Runn hold on its SOFP

Answer 36

$23.7bn

Question 37

What does the Geeland daily news say about excess baggage

Answer 37

Becoming more strict on air passengers Increasing sale of space to courier businesses instead Despite having own fleet, they are too old and noisy to fly during curfew periods Cause noise pollution

Question 38

What is Runns Mission, Vision and Values (in correct placings for each)

Answer 38

Vision: To be the worlds favourite delivery company Mission: To link businesses and individuals in a responsible and sustainable manner Values: Runn cares deeply about its stakeholders and honours its commitments

Question 39

What are the three high volume services Runn provide

Answer 39

Runn Now, Runn Web and Runn back office

Question 40

How many employees does Runn have

Answer 40

Over 400,000

Question 41

What logistics concept does Runn claim to have invented

Answer 41

The hub and spoke model

Question 42

What is Runn's revenue in 2018 and 2019

Answer 42

$48.9bn and $52.6bn

Question 43

What is Runn's beta and what does this mean

Answer 43

1.37 Means that it has a risk profile that is higher than market baseline

Question 44

What was DHL's beta for 2018

Answer 44

0.97

Question 45

What risks are not on Runns risk register

Answer 45

Liquidity and Governance

Question 46

What are two ways that good corporate governance should enable effective communication with stakeholders

Answer 46

Annual General Meetings Annual Reports

Question 47

What was the interest paid by Runn in 2018 and 2019, and which year was higher

Answer 47

$0.4bn 2019 slightly higher

Question 48

What does Geeland daily news say about driver penalties

Answer 48

Fine for offence $200 going up to $250 Only 3 points before losing licence (was 4) Parking fines doubling from $50 to $100

Question 49

How much CA does Runn hold on its SOFP

Answer 49

$9.7bn