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  • Supplementary financial information
 
 
  Group cash value added statement  
  for the year ended 31 December 2007 (unaudited)  
     
 

The value added statement shows the wealth the group has created through mining, beneficiation, trading and investing operations. The statement below summarises the total cash wealth created and how it was disbursed among the stakeholders, leaving a retained amount which was re-invested in the group for the replacement of assets and further development of operations.

  31 December
2007
Rm
Wealth
created
%
  31 December
2006
Rm
Wealth
created
%
Cash generated          
Cash derived from sales and services 9 889      14 149   
Income from investments and interest received 379        
Paid to suppliers for materials and services (5 457)     (6 605)  
Cash value added 4 811  100    7 544  100 
Cash utilised to:          
Remunerate employees for services 2 407  50    2 362  31 
Pay direct taxes to the state 462  10    1 927  26 
Provide lenders with a return on borrowings 212    392 
Provide shareholders with cash dividends 223    3 396  45 
Cash disbursed among stakeholders 3 304  69    8 077  107 
Cash retained in the group to maintain and
develop operations
1 507  31    (533) (7)
Notes to the group value added statement          
1. Taxation contribution          
     Direct taxes (as above) 462      1 927   
    Value added taxes levied on purchases of goods
     and services
1 227      1 445   
    Regional service council levies       10   
    Rates and taxes paid to local authorities 42      51   
    Gross contributions 1 731      3 433   
2. Additional amounts collected by the group on behalf of government          
    Value added tax and other duties charged on turnover 1 363      1 032   
    Employees’ tax deducted from remuneration paid 431      759   
  1 794      1 791   
 
CASH DISBURSED AMONG STAKEHOLDERS 2007, CASH DISBURSED AMONG STAKEHOLDERS 2006