value added statement

Value added is the value that the Group has added to pay for merchandise and other costs, and to sell goods and services. This statement shows how the value added has been distributed over the financial period.

52 weeks
 1 March 2015

52 weeks
2 March 2014

Rm

%

Rm

%

Turnover

66 940.8

63 117.0

Amounts paid for merchandise and expenses

(59 152.7)

(55 909.6)

Finance income

59.4

44.3

Total value inputs

7 847.5

100.0

7 251.7

100.0

Distributed as follows:

Employees

Salaries, wages and other benefits

5 653.8

72.0

5 326.3

73.5

To providers of capital

580.8

7.4

542.3

7.5

Distributions to shareholders

461.8

5.9

398.4

5.5

Finance costs

119.0

1.5

143.9

2.0

Government

Tax expense

343.5

4.4

249.4

3.4

Retained for growth

1 269.4

16.2

1 133.7

15.6

Depreciation and amortisation

869.5

11.1

948.4

13.0

Profit for the period after distributions to shareholders

399.9

5.1

185.3

2.6

Total value outputs

7 847.5

100.0

7 251.7

100.0

 

Adding value to stakeholders