Value added statement

“Value added” is the value which the Group has added to purchased materials and goods by process of manufacture and conversion, and the sale of its products and services. This statement shows how the value so added has been distributed.

  2013   2012  
  R’000   %   R’000   %  
Revenue 153 404 532       133 533 633      
Net cost of raw materials, goods and services (124 890 730)       (107 801 463)      
Wealth created by trading operations 28 513 802       25 732 170      
Finance income 231 567       147 034      
Profit on partial disposal of investment in Mumbai International Airport Private Limited       399 100      
Dividend income 94 412       71 482      
Total wealth created 28 839 781   100,0   26 349 786   100,0  
Distributed as follows                
Employees                
   Benefits and remuneration 16 653 688   57,7   14 999 794   56,9  
Governments                
   Current taxation 1 783 782   6,2   1 695 458   6,4  
Providers of capital 3 140 060   10,9   2 952 797   11,2  
   Finance charges 912 930   3,2   890 029   3,4  
   Dividends to shareholders 2 227 130   7,7   2 062 768   7,8  
Retained for growth 7 262 251   25,2   6 701 737   25,5  
   Depreciation and amortisation 2 097 264   7,3   2 001 864   7,6  
   Impairments 392 555   1,4   256 971   1,0  
   Profit for the year attributable to shareholders of the company 4 772 432   16,5   4 442 902   16,9  
  28 839 781   100,0   26 349 786   100,0  

2013   2012
2013 2012

 
Registered office South Africa
Bidvest House
18 Crescent Drive
Melrose Arch
Melrose
Johannesburg
2196
South Africa
Website: www.bidvest.com
Telephone: +27 (11) 772 8700
Facsimile: +27 (11) 772 8970
Email: info@bidvest.co.za
 

 

 

 

 

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