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	2022		%		2021	%
Revenue	99 480 106				87 881 064
Net cost of raw materials, goods and services	(55 020 312)				(49 537 041)
Wealth created by trading operations	44 459 794				38 344 023
Impairments	(200 257)				(410 033)
Finance income	581 152				491 109
Dividend income	15 251				42 280
Total wealth created	44 855 940		100.0%		38 467 379	100.0%
Distributed as follows
Employees
Benefits and remuneration	29 373 712		65.5%		26 455 525	68.8%
Governments
Taxation	2 332 248		5.2%		1 670 774	4.2%
Providers of capital	4 487 397		10.0%		2 860 805	7.5%
Finance charges	1 987 309		4.4%		1 792 071	4.7%
Distributions to shareholders	2 500 088		5.6%		1 068 734	2.8%
Retained for growth	8 662 583		19.3%		7 480 275	19.5%
Depreciation and amortisation	3 590 848		8.0%		3 639 342	9.5%
Profit for the year attributable to shareholders of the
Company from continuing operations	5 071 735		11.3%		3 840 933	10.0%
	44 855 940		100.0%		38 467 379	100.0%

 

Exchanges with governments including amounts collected on their behalf

	South African				Foreign
R000s	2022		%		2021		%
Employee taxes	2 436 438		2 120 016		2 026 275		2 028 582
Company taxes	1 878 641		1 464 070		453 607		206 704
Value added tax and sales tax	22 907 417		19 379 516		2 786 118		2 649 361
Customs and excise duty	4 907 697		3 701 436		122 509		120 352
Other	272 045		227 212		47 375		49 015
	32 402 238		26 892 250		5 435 884		5 054 014