Economic Impact
Value added statement
| 2011 | 2010 | |||||
| Note | Rm | % | Rm | % | ||
| Retail turnover | 9 936,5 | 8 605,2 | ||||
| Dividend income | 12,1 | 13,8 | ||||
| Paid to suppliers for goods and services | (5 464,6) | (4 990,1) | ||||
| Value added | 4 484,0 | 100,0 | 3 628,9 | 100,0 | ||
| Applied as follows: | ||||||
| Employees | ||||||
| Remuneration to employees | 1 656,1 | 36,9 | 1 376,9 | 37,9 | ||
| Providers of capital | ||||||
| To lenders as finance charges | 250,1 | 5,6 | 261,5 | 7,2 | ||
| To shareholders as dividends | 841,7 | 18,8 | 692,6 | 19,1 | ||
| Taxation | ||||||
| Taxation | 720,1 | 16,0 | 544,7 | 15,0 | ||
| Reinvested | ||||||
| Reinvested in the group to finance future expansion and growth | 1 | 1 016,0 | 22,7 | 753,2 | 20,8 | |
| Employment of value added | 4 484,0 | 100,0 | 3 628,9 | 100,0 | ||
| Notes to the Value Added Statement | ||||||
| 1. | Reinvested in the group to finance future expansion and growth | |||||
| Depreciation and amortisation | 282,7 | 6,3 | 264,2 | 7,3 | ||
| Deferred taxation | 65,6 | 1,5 | 8,5 | 0,2 | ||
| Retained income | 667,7 | 14,9 | 480,5 | 13,2 | ||
| 1 016,0 | 22,7 | 753,2 | 20,7 | |||
| 2. | State taxes | |||||
| Direct taxation as above | 720,1 | 544,7 | ||||
| Net value added taxation | 331,2 | 323,7 | ||||
| Employees' taxation | 169,5 | 124,5 | ||||
| Channelled through the group | 1 220,8 | 992,9 | ||||
