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BLUE LABEL INTEGRATED ANNUAL REPORT 2014
FINANCIAL DIRECTOR’S
REPORT
Dean Suntup,
Financial Director
The gross pro t margin increase was mainly attributable to the
application of cash resources to bulk inventory purchases at
favourable rebates and early settlement discounts. Further growth
was attributable to increases in commissions earned on the
distribution of prepaid electricity, with turnover generated on
behalf of the utilities, escalating to R8.8 billion.
2014
AIRTIME