Value added statement
for the year ended 30 June 2014
Value added is a measure of the wealth created by the group and its employees through its various business activities. This statement shows the value added and how it was shared.
| |
Unaudited
12 months to
June 2014
Rm |
|
% |
|
Unaudited
Six months to
June 2013
Rm |
|
% |
|
| Investment property income |
2 432 |
|
|
|
1 009 |
|
|
|
| Listed property securities income |
37 |
|
|
|
75 |
|
|
|
| Property expenses excluding employee remuneration and municipal charges |
(211) |
|
|
|
(70) |
|
|
|
| Other operating expenses |
(82) |
|
|
|
(26) |
|
|
|
| Dividends received |
35 |
|
|
|
1 |
|
|
|
| Non-core income |
|
|
|
|
1 |
|
|
|
| Total value created |
2 211 |
|
|
|
990 |
|
|
|
| Value distribution |
|
|
|
|
|
|
|
|
| To employees |
|
|
|
|
|
|
|
|
| Remuneration and benefits |
167 |
|
8 |
|
45 |
|
5 |
|
| To providers of finance |
|
|
|
|
|
|
|
|
| Finance costs |
401 |
|
18 |
|
195 |
|
20 |
|
| To government |
|
|
|
|
|
|
|
|
| Municipal charges |
496 |
|
22 |
|
232 |
|
23 |
|
| To providers of capital |
|
|
|
|
|
|
|
|
| Distributions to Hyprop shareholders |
1 147 |
|
52 |
|
518 |
|
52 |
|
| Total value added |
2 211 |
|
|
|
990 |
|
100 |
|
| Value distribution — 12 months to June 2014 |
|
Value distribution — six months to June 2013 |
 |
|
 |
|
|
