Value added statement
for the year ended 31 December 2008
Value added is defined as the value created by the activities of a business and its employees. The value added statement reports on the
calculation of value added and its application among stakeholders in the Group. This statement shows the total wealth created and how it
was distributed, taking into account the amounts reinvested in the Group for the replacement of assets and development of operations.
| |
|
|
December |
|
|
|
December |
|
|
|
| |
|
|
2008 |
|
|
|
2007 |
|
|
|
| |
|
|
Rm |
|
% |
|
Rm |
|
% |
|
| |
Cash value generated from revenue |
|
102 526 |
|
|
|
70 589 |
|
|
|
| |
Cost of materials and services |
|
(44 625) |
|
|
|
(30 330) |
|
|
|
| |
Value added by operations |
|
57 901 |
|
97 |
|
40 259 |
|
98 |
|
| |
Finance income |
|
1 744 |
|
3 |
|
1 013 |
|
2 |
|
|
|
|
|
|
|
|
|
|
|
|
| |
Wealth created |
|
59 645 |
|
100 |
|
41 272 |
|
100 |
|
|
|
|
|
|
|
|
|
|
|
|
| |
Employees |
|
4 776 |
|
8 |
|
3 379 |
|
8 |
|
| |
Salaries, wages and other benefits |
|
4 347 |
|
|
|
3 035 |
|
|
|
| |
Employees’ tax |
|
429 |
|
|
|
344 |
|
|
|
| |
Governments |
|
19 661 |
|
33 |
|
11 984 |
|
29 |
|
| |
Corporate and indirect taxation |
|
13 152 |
|
|
|
8 221 |
|
|
|
| |
Licence fees |
|
6 509 |
|
|
|
3 763 |
|
|
|
| |
Providers of capital |
|
5 563 |
|
9 |
|
5 264 |
|
13 |
|
| |
Finance costs |
|
3 027 |
|
|
|
3 589 |
|
|
|
| |
Dividends |
|
2 536 |
|
|
|
1 675 |
|
|
|
| |
Reinvested in the Group to maintain and develop operations |
|
29 645 |
|
50 |
|
20 645 |
|
50 |
|
|
|
|
|
|
|
|
|
|
|
|
| |
Wealth distribution |
|
59 645 |
|
100 |
|
41 272 |
|
100 |
|
|
|
|
|
|
|
|
|
|
|
|
| |
Employee statistics |
|
|
|
|
|
|
|
|
|
| |
Average number of employees |
|
16 452 |
|
|
|
14 878 |
|
|
|
| |
|
|
R |
|
|
|
R |
|
|
|
| |
Revenue per employee |
|
6 231 826 |
|
|
|
4 744 522 |
|
|
|
| |
Value added per employee |
|
3 519 390 |
|
|
|
2 705 942 |
|
|
|
| |
Wealth created per employee |
|
3 625 395 |
|
|
|
2 774 029 |
|
|
|
| 2008 |
Wealth distribution |
2008 |
 |
 |
 |
|
