Sustainability

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       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

  • Investments

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