Value added statement
| GROUP | |||
| R000 | 2021 | 2020 | % |
|---|---|---|---|
| Revenue1 | 584 019 | 1 333 483 | |
| Paid to suppliers for materials and services | (658 445) | (446 616) | |
| Value added by operations | (74 426) | 886 867 | |
| Interest income | 7 746 | 2 914 | |
| Total wealth (deficit)/created | (66 680) | 889 781 | 100 |
| Distributed as follows: | |||
| Salaries, wages and all related benefits2 | |||
| – direct | 227 544 | 284 358 | |
| – indirect | 12 240 | 41 833 | |
| 239 784 | 326 191 | 37 | |
| Government | |||
| Taxes3 | 57 228 | 78 518 | |
| Rates | 57 649 | 55 681 | |
| 114 877 | 134 199 | 15 | |
| Providers of capital | |||
| Dividends to ordinary shareholders | – | 108 214 | |
| Interest on borrowings | 177 415 | 204 212 | |
| 177 415 | 312 426 | 35 | |
| Reinvested to develop/maintain operations | |||
| Depreciation and amortisation | 205 853 | 711 811 | |
| Accumulated loss | (804 609) | (594 846) | |
| (598 756) | 116 965 | 13 | |
| Total wealth (deficit)/created | (66 680) | 889 781 | 100 |
| Headcount | |||
| – direct | 1 477 | 1 488 | |
| – indirect | – | 5464 | |
| Total headcount | 1 477 | 2 034 |
| 1 | Including value added taxation (VAT). |
| 2 | Excluding employee taxes. |
| 3 | Includes income taxation, deferred taxation, employee taxes and net VAT. |
| 4 | Headcount only to 31 March 2020. |