| APPENDIX 2 – VALUE
ADDED STATEMENTS |
| |
1992 |
1993 |
1994 |
1995 |
1996 |
1997 |
1998 |
1999 |
2000 |
2001 |
| Turnover (R/bn) |
21,9 |
25,3 |
27,4 |
30,3 |
37,5 |
40,7 |
39,6 |
45,5 |
80,0 |
92,6 |
| Net cost of products and services (R/bn) |
10,4 |
12,0 |
12,4 |
15,5 |
20,3 |
22,5 |
19,8 |
23,6 |
56,6 |
67,8 |
| Total value added (R/bn) |
11,5 |
13,3 |
15,0 |
14,8 |
17,2 |
18,2 |
19,8 |
21,9 |
23,4 |
24,8 |
To pay employees gross salaries,
- wages and benefits
(R/bn) |
0,7 |
0,9 |
1,0 |
1,1 |
1,2 |
1,2 |
1,3 |
1,4 |
1,7 |
2,5 |
To pay the State tax in the form of
- Income Tax
(R/bn) |
0,5 |
0,6 |
0,6 |
0,4 |
0,6 |
0,5 |
0,4 |
0,7 |
1,4 |
1,7 |
| - Duties and levies (R/bn) |
8,7 |
10,0 |
11,2 |
11,5 |
13,0 |
13,7 |
15,7 |
16,6 |
16,4 |
15,6 |
To pay providers of capital
- Net finance expense
(R/bn) |
0,1 |
0,1 |
0,2 |
0,3 |
0,5 |
0,5 |
0,4 |
0,4 |
0,6 |
0,6 |
| - Dividends (R/bn) |
0,5 |
0,6 |
0,8 |
0,3 |
0,7 |
0,8 |
0,7 |
0,5 |
0,9 |
2,0 |
Retained for future growth
- Depreciation (R/bn) |
0,3 |
0,3 |
0,4 |
0,6 |
0,6 |
0,7 |
0,7 |
0,8 |
1,0 |
1,3 |
| - Retained income for the year (R/bn) |
0,7 |
0,8 |
0,8 |
0,6 |
0,6 |
0,8 |
0,6 |
1,5 |
1,4 |
1,1 |
| Total value added (R/bn) |
11,5 |
13,3 |
15,0 |
14,8 |
17,2 |
18,2 |
19,8 |
21,9 |
23,4 |
24,8 |
|
The value added statement is a summary of the wealth the
Sapia members have created and its distribution.
Sapia members contribute extensively to the South African
economy, and comprise about two per cent of GDP.
Relative to Sapia members' share of GDP of some
two |
per cent, they collect a substantial portion of indirect
taxes (some 20%).
The figures for the years 2000 and 2001 are not comparable
with the prior years as the petroleum and synfuel interests of Sasol were
included for the first time, and in 2001 the results of PetroSA were included
for the first time. |
|
