Value added statement
for the year ended 30 June

 

 

“Value added” is the value which the Group has added to purchased materials and goods by process of manufacture and conversion, and the sale of its products and services. This statement shows how the value so added has been distributed.

R000s	2018			%  change			2017			%  change
Revenue	76 963 472						70 998 001
Net cost of raw materials, goods and services	(47 095 561)						(46 902 830)
Wealth created by trading operations	29 867 911						24 095 171
Impairments	(359 250)						1 052 884
Finance income	603 909						575 607
Dividend income	257 636						145 302
Total wealth created	30 370 206			100,0			25 868 964			100,0
Distributed as follows
Employees
Benefits and remuneration	19 911 814			65,6			14 967 797			57,9
Governments
Taxation	1 436 597			4,7			1 328 232			5,1
Providers of capital	3 523 161			11,6			3 161 427			12,3
Finance charges	1 459 856			4,8			1 502 458			5,9
Distributions to shareholders	2 063 305			6,8			1 658 969			6,4
Retained for growth	5 498 634			18,1			6 411 508			24,7
Depreciation and amortisation	1 680 638			5,5			1 641 568			6,3
Profit for the year attributable to shareholders of the Company from continuing operations	3 817 996			12,6			4 769 940			18,4
Total	30 370 206			100,0			25 868 964			100,0

Exchanges with governments

including amounts collected on their behalf

	SOUTH AFRICAN						FOREIGN
R000s	2018			2017			2018			2017
Continuing operations
Employee taxes	2 112 286			1 891 256			1 113 857			229 507
Company taxes	1 325 750			1 249 134			110 847			79 098
Value added tax and sales tax	6 693 305			6 719 105			1 074 704			74 634
Customs and excise duty	15 979 451			16 081 255			135 971			66 070
Other	199 203			174 705			53 191			24 348
	26 309 995			26 115 455			2 488 570			473 657