The value added statement of the group shows how much economic value has been created by Blue Label through its utilisation of capital, capacity and other resources and how the economic value was distributed to stakeholders.
| |
|
2011
R’000 |
|
2011
% |
|
| |
Value added |
|
|
|
|
| |
Value added by operating activities |
1 008 910 |
|
95.2 |
|
| |
Revenue |
18 601 571 |
|
|
|
| |
Net operating expenses |
(17 592 661) |
|
|
|
| |
Value added by investing activities |
50 645 |
|
4.8 |
|
| |
Fair value movement on financial assets at fair value |
|
|
|
|
| |
through profit or loss |
— |
|
|
|
| |
Interest income |
50 645 |
|
|
|
| |
|
|
|
|
|
| |
|
1 059 555 |
|
100 |
|
| |
Value distributed |
|
|
|
|
| |
Distributed to employees |
298 718 |
|
28.2 |
|
| |
Salaries, wages, medical and other benefits |
298 718 |
|
|
|
| |
Distributed to providers of finance |
8 221 |
|
0.8 |
|
| |
Finance costs |
8 221 |
|
|
|
| |
Distributed to the state |
171 620 |
|
16.2 |
|
| |
Income tax |
171 620 |
|
|
|
| |
Withholding tax |
– |
|
|
|
| |
Value reinvested |
196 025 |
|
18.5 |
|
| |
Depreciation, amortisation and impairment |
193 132 |
|
|
|
| |
Net discounting finance cost |
17 634 |
|
|
|
| |
Share of losses of associates |
2 757 |
|
|
|
| |
Deferred taxation |
(17 498) |
|
|
|
| |
Value retained |
384 971 |
|
36.3 |
|
| |
Retained profit |
431 448 |
|
|
|
| |
Minority shareholders' interest |
(46 477) |
|
|
|
| |
|
|
|
|
|
| |
|
1 059 555 |
|
100 |
|
| |
|
2010
R’000 |
|
2010
% |
|
| |
Value added |
|
|
|
|
| |
Value added by operating activities |
989 172 |
|
92.2 |
|
| |
Revenue |
17 027 696 |
|
|
|
| |
Net operating expenses |
(16 038 524) |
|
|
|
| |
Value added by investing activities |
84 127 |
|
7.8 |
|
| |
Fair value movement on financial assets at fair value |
|
|
|
|
| |
through profit or loss |
— |
|
|
|
| |
Interest income |
84 127 |
|
|
|
| |
|
|
|
|
|
| |
|
1 073 299 |
|
100 |
|
| |
Value distributed |
|
|
|
|
| |
Distributed to employees |
299 928 |
|
27.9 |
|
| |
Salaries, wages, medical and other benefits |
299 928 |
|
|
|
| |
Distributed to providers of finance |
5 130 |
|
0.5 |
|
| |
Finance costs |
5 130 |
|
|
|
| |
Distributed to the state |
183 773 |
|
17.2 |
|
| |
Income tax |
181 838 |
|
|
|
| |
Withholding tax |
1 935 |
|
|
|
| |
Value reinvested |
159 287 |
|
14.8 |
|
| |
Depreciation, amortisation and impairment |
119 785 |
|
|
|
| |
Net discounting finance cost |
41 537 |
|
|
|
| |
Share of losses of associates |
14 982 |
|
|
|
| |
Deferred taxation |
(17 017) |
|
|
|
| |
Value retained |
425 181 |
|
39.6 |
|
| |
Retained profit |
365 022 |
|
|
|
| |
Minority shareholders' interest |
60 159 |
|
|
|
| |
|
|
|
|
|
| |
|
1 073 299 |
|
100 |
|
| |
|
2009
R’000 |
|
2009
% |
|
| |
Value added |
|
|
|
|
| |
Value added by operating activities |
847 005 |
|
84.2 |
|
| |
Revenue |
15 281 449 |
|
|
|
| |
Net operating expenses |
(14 434 444) |
|
|
|
| |
Value added by investing activities |
158 539 |
|
15.8 |
|
| |
Fair value movement on financial assets at fair value |
|
|
|
|
| |
through profit or loss |
32 |
|
|
|
| |
Interest income |
158 507 |
|
|
|
| |
|
|
|
|
|
| |
|
1 005 544 |
|
100 |
|
| |
Value distributed |
|
|
|
|
| |
Distributed to employees |
278 970 |
|
27.7 |
|
| |
Salaries, wages, medical and other benefits |
278 970 |
|
|
|
| |
Distributed to providers of finance |
4 891 |
|
0.5 |
|
| |
Finance costs |
4 891 |
|
|
|
| |
Distributed to the state |
190 144 |
|
18.9 |
|
| |
Income tax |
190 144 |
|
|
|
| |
Withholding tax |
– |
|
|
|
| |
Value reinvested |
166 574 |
|
16.6 |
|
| |
Depreciation, amortisation and impairment |
93 220 |
|
|
|
| |
Net discounting finance cost |
61 269 |
|
|
|
| |
Share of losses of associates |
27 445 |
|
|
|
| |
Deferred taxation |
(15 360) |
|
|
|
| |
Value retained |
364 965 |
|
36.3 |
|
| |
Retained profit |
390 547 |
|
|
|
| |
Minority shareholders' interest |
(25 582) |
|
|
|
| |
|
|
|
|
|
| |
|
1 005 544 |
|
100 |
|
