Value Added Statement
A measure of the value created by the Group is the amount of value added by its diverse activities to the cost of raw materials, products and services purchased.
This statement shows the total value created and how it was distributed.
| VALUE ADDED STATEMENT | 2015 % |
2015 R’000 |
2014 % |
2014 R’000 |
| Cash value generated from revenue | 657 865 | 591 314 | ||
| Less cost of materials and services | (491 996) | (424 058) | ||
| Value added | 164 869 | 167 256 | ||
| Investment revenue | 16 976 | 12 401 | ||
| Wealth created | 181 845 | 179 657 | ||
| Distributed as follows: | ||||
| Employees | 52.7 | 95 871 | 51.2 | 92 017 |
| Capital providers | 6.06 | 12 075 | 0.6 | 1 148 |
| Debt providers | 10.8 | 19 695 | 10.7 | 19 164 |
| Communities | 1.6 | 2 845 | 1.5 | 2 659 |
| Government | 8 | 14 590 | 6.8 | 12 169 |
| Retained for growth | 20.2 | 36 769 | 29.2 | 52 500 |
| Wealth distribution | 181 845 | 100 | 162 550 | |
| Employee statistics | ||||
| Number of employees at year-end | 618 | 619 | ||
| Turnover per employee | 1 065 | 955 | ||
| Value added per employee | 267 | 270 | ||
| Wealth created per employee | 294 | 290 |