Value added statement
for the year ended 30 June 2016
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 2016 Rm |
% | Unaudited 12 months to June 2015 Rm |
% | ||||
|---|---|---|---|---|---|---|---|
| Investment property income | 2 976 | 2 643 | |||||
| Property expenses excluding employee remuneration and municipal charges | (403) | (285) | |||||
| Other operating expenses | (65) | (62) | |||||
| Dividends received | 117 | 47 | |||||
| Total value created | 2 625 | 2 343 | |||||
| Value distribution | |||||||
| To employees | |||||||
| Remuneration and benefits | 128 | 5 | 124 | 5 | |||
| To providers of finance | |||||||
| Finance costs | 366 | 14 | 352 | 15 | |||
| To government | |||||||
| Current tax | 7 | 12 | 1 | ||||
| Municipal charges | 586 | 22 | 535 | 23 | |||
| To providers of capital | |||||||
| Distributions to shareholders | 1 538 | 59 | 1 320 | 56 | |||
| Total value added | 2 625 | 100 | 2 343 | 100 |
