Group cash value added statement
   
  The value added statement shows the wealth the group has created through mining, beneficiation, trading and investing operations. The statement below summarises the total cash wealth created and how it was disbursed among the group’s stakeholders, leaving a retained amount which was re-invested in the group for the replacement of assets and further development of operations.
 
 
18-months 
 
Year 
 
 
ended 
 
ended 
 
 
31 Dec 
Wealth 
30 June 
Wealth
 
2004 
created 
2003 
created
 
 Rm 
% 
Rm 
%
Cash generated
 
Cash derived from sales and services
12 535 
7 136 
Income from investments and
   interest received
18 
49 
Paid to suppliers for materials
   and services
(7 053)
 
(3 948)
 
Cash value added
5 500 
100 
3 237 
100
Cash utilised to:
Remunerate employees for services
2 646 
48 
1 513 
46
Pay direct taxes to the state
310 
6 
312 
10
Provide lenders with a return
   on borrowings
578 
10 
349 
11
Provide shareholders with cash dividends
361 
7 
283 
9
Cash disbursed among stakeholders
3 895 
71 
2 457 
76
Cash retained in the group to
   maintain and develop operations
1 605 
29 
780 
24
 
NOTES TO THE GROUP VALUE ADDED STATEMENT
1. Taxation contribution
Direct taxes (as above)
310 
312 
Value added taxes levied on
   purchases of goods and services
1 169 
883 
Regional service council levies
19 
10 
Rates and taxes paid to local authorities
21 
11 
Gross contributions
1 519 
 
1 216 
 
2. Additional amounts collected by the
group on behalf of government
Value added tax and other duties
   charged on turnover
985 
596 
Employees’ tax deducted from
   remuneration paid
416 
345 
 
1 401 
  
941 
  
   
  Cash disbursed among stakeholders
   
   
   
 
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