Value Distribution Statement

2017

2016

P’000s

P’000s

Value Added Revenue 269,986 210,822
Other Income 2,955 17,965
Finance Income 344 733
Release of impairment in associate 1,204
Operating Expenditure (106,503) (90,787)
Value Created 167,986 138,733
Resource Royalties, lease rentals, licences and other fees 15,282 16,077
Adjusted Value Added 183,268 154,810
Value Distributed
To Employees
Net salaries, wages and other benefits 52,237 42,705
52,237 42,705
To Providers of Capital
Dividends 35,776 31,304
Finance cost 136 82
35,912 31,386

To Government

Taxation 22,719 19,220
VAT 19,636 14,064
PAYE 6,899 4,368
Resource royalties, lease rentals, licences and other fees 15,282 16,077
64,536 53,729
Retained for Expansion and Growth
Depreciation and amortisation 23,000 15,661
Deferred tax (1,061) 375
Retained profit for the year 28,280 25,018
50,219 41,054
Adjusted Value Added 202,904 168,874
Summary
Government 32% 32%
Employees 26% 25%
Providers of capital 18% 19%
Retained for expansion and growth 24% 24%
100% 100%
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