annual report 2009

Value Added Statement
for the years ended 31 March

    2009   2008  
  Note Rm % Rm %
Retail turnover   8 089,6   7 668,7  
Dividends received   19,1   17,2  
Paid to suppliers for goods and services   (4 626,5)   (4 381,1)  
Value added   3 482,2 100,0 3 304,8 100,0
Applied as follows:          
Employees          
Remuneration to employees   1 222,0 35,1 1 132,7 34,3
Providers of capital          
To lenders as finance charges   249,8 7,2 120,1 3,6
To shareholders as dividends   692,6 19,9 692,6 21,0
Taxation          
Taxation   557,0 16,0 565,3 17,1
Reinvested          
Reinvested in the group to finance future expansion and growth 1 760,8 21,8 794,1 24,0
Employment of value added   3 482,2 100,0 3 304,8 100,0
Notes to the Value Added Statement          
1. Reinvested in the group to finance future expansion and growth          
  Depreciation and amortisation   231,1 6,6 204,7 6,2
  Deferred taxation   (7,4) (0,2) (50,9) (1,5)
  Retained income   537,1 15,4 640,3 19,3
      760,8 21,8 794,1 24,0
2. State taxes          
  Direct taxation as above   557,0   565,3  
  Net value added taxation   251,2   310,4  
  Employees taxation   109,1   122,6  
  Channelled through the group   917,3   998,3  

         
      2009 2008
         
    Employees 35,1% 34,3%
         
    Reinvested 21,8% 24,0%
         
    Taxation 16,0% 17,1%
         
    Providers of capital 27,1% 24,6%
         

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