Statement of value created
| ALL MONETARY AMOUNTS ARE EXPRESSED IN MILLIONS OF RANDS |
2012 |
|
% |
|
2011 |
|
% |
|
| Revenue |
35 405,9 |
|
|
|
30 534,8 |
|
|
|
| Less: Cost of materials, services and subcontractors |
(20 523,2) |
|
|
|
(21 087,3) |
|
|
|
| Value created |
14 882,7 |
|
|
|
9 447,5 |
|
|
|
| Distributed as follows: |
|
|
|
|
|
|
|
|
| To employees |
|
|
|
|
|
|
|
|
| Payroll costs |
14 148,8 |
|
95,1 |
|
9 824,0 |
|
104,0 |
|
| To providers of finance |
|
|
|
|
|
|
|
|
| Lease costs and net interest on loans |
541,7 |
|
3,6 |
|
577,1 |
|
6,1 |
|
| To Government |
|
|
|
|
|
|
|
|
| Company taxation |
244,6 |
|
1,6 |
|
196,3 |
|
2,1 |
|
| To maintain and expand the Group |
|
|
|
|
|
|
|
|
| Reserves available to ordinary shareholders |
(735,6) |
|
|
|
(1 735,1) |
|
|
|
| Depreciation |
658,7 |
|
|
|
562,0 |
|
|
|
| Amortisation |
24,5 |
|
|
|
23,2 |
|
|
|
| |
(52,4) |
|
(0,3) |
|
(1 149,9) |
|
(12,2) |
|
| |
14 882,7 |
|
100,0 |
|
9 447,5 |
|
100,0 |
|
| Number of people* |
44 710 |
|
|
|
42 422 |
|
|
|
| State and local taxes charged to the Group or collected on behalf of Governments by the Group |
|
|
|
|
|
|
|
|
| Company taxation |
244,6 |
|
|
|
196,3 |
|
|
|
| Indirect taxation |
1 175,1 |
|
|
|
1 022,8 |
|
|
|
| Employees’ taxation |
1 311,8 |
|
|
|
1 136,3 |
|
|
|
| Rates and taxes |
6,7 |
|
|
|
6,5 |
|
|
|
| Government grants |
(8,9) |
|
|
|
(9,5) |
|
|
|
| Withholding taxation |
– |
|
|
|
0,3 |
|
|
|
| |
2 729,3 |
|
|
|
2 352,7 |
|
|
|
* “People” include all employees, temporary employees and contractors (excluding the Middle East).
| * |
PBIT is based on normalised profits, and excludes losses on GPMOF of R1 189 million, Middle East of R387 million, other impairments of R25 million and corporate costs of R132 million. |
|
