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.
| R’000 | 2019 | % change |
2018 | % change |
|||||||
| Turnover | 77 152 384 | 76 963 472 | |||||||||
| Net cost of raw materials, goods and services | (45 830 307) | (47 095 561) | |||||||||
| Wealth created by trading operations | 31 322 077 | 29 867 911 | |||||||||
| Impairments | (670 840) | (359 250) | |||||||||
| Finance income | 688 436 | 603 909 | |||||||||
| Dividend income | 227 282 | 257 636 | |||||||||
| Total wealth created | 31 566 955 | 100.0 | 30 370 206 | 100.0 | |||||||
| Distributed as follows | |||||||||||
| Employees | |||||||||||
| Benefits and remuneration | 21 107 591 | 66.9 | 19 911 814 | 65.6 | |||||||
| Governments | |||||||||||
| Taxation | 1 417 193 | 4.5 | 1 436 597 | 4.7 | |||||||
| Providers of capital | 3 568 875 | 11.3 | 3 523 161 | 11.7 | |||||||
| Finance charges | 1 549 598 | 4.9 | 1 459 856 | 4.9 | |||||||
| Distributions to shareholders | 2 019 277 | 6.4 | 2 063 305 | 6.8 | |||||||
| Retained for growth | 5 473 296 | 17.3 | 5 498 634 | 18.1 | |||||||
| Depreciation and amortisation | 1 698 014 | 5.4 | 1 680 638 | 5.5 | |||||||
| Profit for the year attributable to shareholders of the Company from continuing operations | 3 775 282 | 12.0 | 3 817 996 | 12.6 | |||||||
| 31 566 955 | 100.0 | 30 370 206 | 100.0 |
| 2019 % |
2018 % |
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Exchanges with governments
Including amounts collected on their behalf
| South African | Foreign | ||||||||||
| R’000 | 2019 | 2018 | 2019 | 2018 | |||||||
| Continuing operations | |||||||||||
| Employee taxes | 2 136 253 | 2 112 286 | 1 432 995 | 1 113 857 | |||||||
| Company taxes | 1 351 808 | 1 325 750 | 65 385 | 110 847 | |||||||
| Value-added tax and sales tax | 7 082 278 | 6 693 305 | 1 272 594 | 1 074 704 | |||||||
| Customs and excise duty | 17 766 042 | 15 979 451 | 104 964 | 135 971 | |||||||
| Other | 158 386 | 199 203 | 31 447 | 53 191 | |||||||
| 28 494 767 | 26 309 995 | 2 907 385 | 2 488 570 | ||||||||

