 |
|
Value added statement
for the year ended 31 March 2011
| Audited | Audited | |||||||||
| 2011 | 2010 | |||||||||
| Rm | % | Rm | % | |||||||
| Revenue | 9 368 | 100,0 | 8 827 | 100,0 | ||||||
| Income from investments | 39 | 0,4 | 44 | 0,5 | ||||||
| Cost of materials and services | 7 666 | 81,8 | 7 550 | 85,5 | ||||||
Total value added |
1 663 | 17,8 | 1 233 | 14,0 | ||||||
Value distribution |
||||||||||
To employees |
||||||||||
| remuneration and benefits | 787 | 47,3 | 701 | 56,9 | ||||||
To providers of finance |
||||||||||
| finance costs | 119 | 7,2 | 185 | 15,0 | ||||||
| forex gain on foreign bank accounts | 3 | 0,2 | 32 | 2,6 | ||||||
To providers of capital |
||||||||||
| dividends to Omnia shareholders | – | – | 66 | 5,4 | ||||||
To governments |
||||||||||
| current taxation | 79 | 4,8 | 63 | 5,1 | ||||||
| secondary taxation on companies | – | – | 4 | 0,3 | ||||||
| foreign taxation | 17 | 1,0 | 23 | 1,9 | ||||||
|
To reinvest in business |
||||||||||
| retained income | 448 | 26,9 | 56 | 4,5 | ||||||
| depreciation and amortisation | 155 | 9,3 | 142 | 11,5 | ||||||
| deferred taxation | 55 | 3,3 | (39) | (3,2) | ||||||
| 1 663 | 100,0 | 1 233 | 100 | |||||||
Value added is a measure of the wealth created by the Group and its employees through its various business activities. This statement shows the value added and how it was shared.
Value added ratios
| 2011 | 2010 | |||||||||
| Number of employees | 2 830 | 2 668 | ||||||||
| Revenue per employee (R’000) | 3 310 | 3 308 | ||||||||
| Value created per employee (R’000) | 588 | 462 | ||||||||
| Corporate social investment (% of profit after tax) | 1,4% | 3,7% |
Group overview
|
Annual financial statements
|
Administration
| GRI index
|