Value added statement

“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.

  2009   2008
  R’000     %     R’000     %  
Revenue 112 427 831         110 477 551      
Net cost of raw materials, goods and services (91 783 347)        (90 950 632)     
Wealth created by trading operations 20 644 484         19 526 919      
Finance income 199 069         200 340      
Total wealth created 20 843 553     100,0     19 727 259     100,0  
Distributed as follows              
Employees              
Benefits and remuneration 12 805 408     61,4     11 700 687     59,3  
Government              
Current taxation 1 046 344     5,0     1 289 937     6,5  
Providers of capital 2 297 762     11,1     1 830 113     9,3  
Finance charges 1 119 803     5,4     1 045 970     5,3  
Distributions to shareholders 1 177 959     5,7     784 143     4,0  
Retained for growth 4 694 039     22,5     4 906 522     24,9  
Depreciation and amortisation 1 743 812     8,4     1 521 871     7,7  
Impairments 147 841     0,7     131 767     0,7  
Profit for the year attributable to shareholders of the Company 2 802 386     13,4     3 252 884     16,5  
  20 843 553     100,0     19 727 259     100,0