VALUE-ADDED STATEMENT
for the year ended 30 April 2014
GROUP
Notes
2014
R’m
Revenue
Paid to suppliers for goods and services
Value added
%
WEALTH CREATED
R’m
11 476 13 884
(10 622) (12 849)
854
Income from investments
2013
%
1 035
1 -
855 1 035
Distributed as follows:
353 34.3% 476 41.2%
336 32.6% 400 34.6%
17 1.7% 76 6.6%
91 8.8% 114 9.9%
Financiers 124 12.0% 104 9.0%
Shareholders 287 27.9% 341 29.5%
106 10.3% 74 6.4%
36 3.5% 34 2.9%
145 14.1% 233 20.2%
855 83.0% 1 035 89.5%
175 17.0% 121 10.5%
1 030 100.0% 1 156 100.0%
Employees and directors
Salaries, wages and other benefits
1
Incentive scheme
Authorities
2
Dividends and distribution to ordinary shareholders
Provision for replacement of assets
Retained surplus
4
Wealth distributed from income
Wealth distributed from other sources
Authorities
TOTAL WEALTH DISTRIBUTED
1.
3
Notes:
Employer contributions of R4 million (2013 - R4 million) with regards to central insurance funds are not included in this
figure as it is accounted for in the amount paid to authorities (Note 1).
2.
3.
Central and local government:
SA normal taxation - current year 51
(Increase)/Decrease in deferred taxation asset 29
- -
Capital gains tax - 2
Previous years adjustments - (4)
Skills development levy net of refunds 3 3
Rates and taxes paid to local authorities 4 7
Central insurance funds 4 4
Spending on authorities 91 114
103 39
69 80
Other taxes comprise of:
PAYE
3 2
Spending on authorities 175 121
Total spending on authorities 266 235
251 307
Withholding tax on dividends
Retained surplus comprises of:
Group profit after tax
Dividends
Retained surplus
40
(9)
Secondary taxation on companies
VAT
4.
111
(106) (74)
145 233