Statement of total value added
for the year ended 30 September
A measure of the value created by the group is the amount of value added by its diverse trading, distribution and other activities to the cost of products and services purchased. This statement shows the total value created and how it was distributed.
| 2015 Rm |
% | 2014 Rm |
% | 2013 Rm |
% | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from continuing operations | 62 720 | 62 101 | 59 498 | ||||||||||||
| Revenue from discontinued operation | 2 783 | 5 508 | |||||||||||||
| Paid to suppliers for materials and services | 47 554 | 49 389 | 51 019 | ||||||||||||
| Value added | 15 166 | 15 494 | 13 987 | ||||||||||||
| Income from investments^ | 382 | 297 | 263 | ||||||||||||
| Total value created | 15 548 | 15 791 | 14 250 | ||||||||||||
| Value distribution | |||||||||||||||
| Employees (note 1) | 8 955 | 58 | 9 103 | 58 | 8 605 | 60 | |||||||||
| Capital providers: | 2 259 | 15 | 1 856 | 12 | 1 630 | 12 | |||||||||
| Finance costs | 1 252 | 1 125 | 1 022 | ||||||||||||
| Dividends to Barloworld Limited shareholders | 699 | 639 | 522 | ||||||||||||
| Dividends to non-controlling interest in subsidiaries | 109 | 92 | 86 | ||||||||||||
| Strategic black partners and community groups | 199 | ||||||||||||||
| Government (note 2) | 948 | 6 | 1 103 | 7 | 952 | 7 | |||||||||
| Communities (corporate social investment) | 17 | 17 | 17 | ||||||||||||
| Reinvested in the group to maintain and develop operations | 3 369 | 21 | 3 712 | 23 | 3 047 | 21 | |||||||||
| Depreciation | 2 355 | 2 208 | 1 960 | ||||||||||||
| Retained profit | 1 142 | 1 556 | 1 080 | ||||||||||||
| Deferred taxation | (128) | (52) | 7 | ||||||||||||
| 15 548 | 100 | 15 791 | 100 | 14 250 | 100 | ||||||||||
| Value added ratios | |||||||||||||||
| Number of employees (30 September) | 19 745 | 19 616 | 19 692 | ||||||||||||
| Revenue per employee (rand)# | 3 186 911 | 3 301 297 | 3 339 631 | ||||||||||||
| Value created per employee (rand)# | 790 010 | 803 474 | 732 083 | ||||||||||||
| Corporate social investment – % of profit after taxation | 1 | 1 | 1 | ||||||||||||
| Notes: | |||||||||||||||
| 1. Employees | |||||||||||||||
| Salaries, wages, overtime payments, commissions, | |||||||||||||||
| bonuses and allowances** | 7 780 | 7 673 | 7 068 | ||||||||||||
| Employer contributions+ | 1 175 | 1 204 | 1 071 | ||||||||||||
| Total continuing operations | 8 955 | 8 877 | 8 140 | ||||||||||||
| Discontinued operation | 226 | 465 | |||||||||||||
| Total group | 8 955 | 9 103 | 8 605 | ||||||||||||
| 2. Central and local government | |||||||||||||||
| Current taxation | 770 | 947 | 821 | ||||||||||||
| Rates and taxes paid to local authorities | 63 | 59 | 54 | ||||||||||||
| Customs duties, import surcharges and excise taxes | 69 | 49 | 38 | ||||||||||||
| Skills development levy | 46 | 48 | 39 | ||||||||||||
| 948 | 1 103 | 952 |
| ^ | Includes interest received, dividend income and share of associate companies’ and joint ventures’ retained profit. |
| # | Based on average number of employees. |
| ** | Represents the gross amounts paid to employees including taxes payable by the employees. |
| + | In respect of pension funds, retirement annuities, provident funds, medical aid and insurance. |