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25

Hyprop Investments Limited

Integrated annual report 2016

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

7

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

●

Employees

●

Finance cost

●

Distribution to shareholders

●

Municipal charges

●

Taxation

VALUE DISTRIBUTION

2016

2015

5%

59%

14%

22%

5%

56%

15%

23%

1%