Value Added Statement
for the years ended 31 March

    2008 2007
  Note Rm % Rm %
Retail turnover   7 668,7   7 230,0  
Dividends received   17,2   22,8  
Paid to suppliers for goods and services   (4 381,1)   (4 179,4)  
Value added   3 304,8 100,0 3 073,4 100,0
Applied as follows:          
Employees          
Remuneration to employees   1 132,7 34,3 964,5 31,4
Providers of capital          
To lenders as finance charges   120,1 3,6 104,7 3,4
To shareholders as dividends   692,6 21,0 577,2 18,8
Taxation          
Taxation   565,3 17,1 555,6 18,1
Reinvested          
Reinvested in the group to finance future expansion and growth 1 794,1 24,0 871,4 28,3
Employment of value added   3 304,8 100,0 3 073,4 100,0
Notes to the Value Added Statement          
1. Reinvested in the group to finance future expansion and growth          
  Depreciation and amortisation   204,7 6,2 174,1 5,6
  Deferred taxation   (50,9) (1,5) (34,7) (1,1)
  Retained income   640,3 19,3 732,0 23,8
      794,1 24,0 871,4 28,3
2. State taxes          
  Direct taxation as above   565,3   555,6  
  Net value added taxation   310,4   268,9  
  Employees’ taxation   122,6   120,4  
  Regional Services Council levies   –   3,6  
  Channelled through the group   998,3   948,5