Statement of value created

FOR THE YEAR ENDED 30 JUNE 2017
ALL MONETARY AMOUNTS ARE EXPRESSED IN MILLIONS OF RANDS 2017    2016   
Revenue  21 397,3        26 148,0       
Less: Cost of materials, services and subcontractors  (7 429,8)       (11 269,6)      
Value created  13 967,5        14 878,4       
Distributed as follows:                   
  To employees                   
Payroll costs  13 206,2  94,6     13 354,6  89,7    
  To providers of finance                   
  Net interest on loans  41,7  0,3     71,2  0,5    
  To government                   
Company taxation  196,0  1,4     201,3  1,4    
  To maintain and expand the Group                   
  Reserves available to ordinary shareholders  48,0        752,8       
Depreciation  430,9        447,8       
Amortisation  44,7        50,7       
   523,6  3,7     1 251,3  8,4    
   13 967,5  100,0     14 878,4  100,0    
Number of people2  20 642        33 893       
State and local taxes charged to the Group or collected on behalf of governments by the Group                   
Company taxation  196,0        201,3       
Indirect taxation  317,8        837,3       
Employees' tax  266,6        552,1       
Rates and taxes  –        0,1       
Government grants  –        (0,4)      
Customs and excise duty  –        –       
   780,4        1 590,4       
1 A 38% investment in Forum SA Trading 284 (Pty) Ltd (Property development) was not included in the sale of the Southern African Infrastructure & Building businesses and has therefore been reclassified from discontinued operations in the prior year and included as income from continuing operations for all periods presented.
2 People includes direct joint arrangement hires and third party contractors of 6 384 (2016: 16 846).This number excludes Southern African Infrastructure & Building businesses as the effective date of sale was 1 April 2017.
GEOGRAPHIC

SEGMENTAL

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RETURN ON AVERAGE
TOTAL ASSETS (%)
PRODUCTIVITY OF ASSETS
(ASSETS PER R1 000 TURNOVER)
CREATION OF VALUE
(R MILLION)
PEOPLE PRODUCTIVITY
(VALUE RATIO)
       
DILUTED HEPS AND DIVIDENDS
PER SHARE (CENTS)
VALUE OF SHARES TRADED
(R MILLION)
SHARE PRICE MOVEMENT
(CENTS)
MARKET CAPITALISATION
(R MILLION)