VALUE ADDED STATEMENT- year ended 30 June 1999
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| GROUP | ||
| 1999 R'000 |
1998 R'000 |
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| Turnover | 3 374 182 | 1 471 250 |
| Cost of materials and services | (2 931 895) | (1 229 794) |
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| Value added | 442 287 | 241 456 |
| Investment income | 83 432 | 35 644 |
| Exceptional items | 308 619 | - |
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| Total value added | 834 338 | 277 100 |
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| Applied as follows: | ||
| Employees | ||
| Salaries,
wages, bonuses, pension, medical aid and other benefits |
164 362 | 95 914 |
| Providers of capital | 23 977 | 9 346 |
| Lenders |
2
723
|
1 737 |
| Dividend to ordinary shareholders | 21 254 | 7 609 |
| Government | 127 906 | 72 471 |
| Re-invested in the group | 518 093 | 99 369 |
| Depreciation |
19 055
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11 216 |
| Outside shareholders | 20 173 | 254 |
| Retained profit | 478 865 | 87 899 |
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| 834 338 | 277 100 | |
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| MONEY EXCHANGES WITH THE GOVERNMENT | ||
| Taxation | 59 072 | 34 386 |
| PAYE | 25 226 | 11 436 |
| VAT | 30 398 | 22 643 |
| RSC levies | 5 099 | 2 034 |
| Rates and licences | 4 403 | 747 |
| UIF and WCA | 2 178 | 1 205 |
| Other | 1 530 | 20 |
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| 127 906 | 72 471 | |
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| Number of employees | 5 579 | 3 243 |
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