| |
|
2016
R’000 |
|
|
2015
R’000 |
|
| 3. |
OPERATING PROFIT |
|
|
|
|
|
| |
Determined after charging (crediting) |
|
|
|
|
|
| |
Auditors’ remuneration |
45 684 |
|
|
32 919 |
|
| |
Audit fees |
35 537 |
|
|
25 649 |
|
| |
Audit-related expenses |
2 438 |
|
|
175 |
|
| |
Consulting fees |
799 |
|
|
3 490 |
|
| |
Taxation services |
5 587 |
|
|
3 127 |
|
| |
Other services |
1 323 |
|
|
478 |
|
| |
Depreciation of property, plant and equipment |
1 027 648 |
|
|
795 860 |
|
| |
Leasehold premises |
87 858 |
|
|
55 069 |
|
| |
Plant and equipment |
363 418 |
|
|
289 168 |
|
| |
Office equipment, furniture and fittings |
134 520 |
|
|
107 267 |
|
| |
Vehicles |
441 852 |
|
|
305 598 |
|
| |
Capitalised leased assets |
– |
|
|
38 758 |
|
| |
Amortisation of intangible assets |
209 834 |
|
|
194 261 |
|
| |
Patents, trademarks, tradenames and other intangibles |
65 877 |
|
|
62 093 |
|
| |
Computer software |
143 957 |
|
|
132 168 |
|
| |
Impairment of assets |
103 810 |
|
|
234 450 |
|
| |
Property, plant and equipment# |
41 463 |
|
|
5 149 |
|
| |
Intangible assets# |
3 817 |
|
|
113 137 |
|
| |
Trade receivables |
58 530 |
|
|
116 164 |
|
| |
Directors’ emoluments* |
|
|
|
|
|
| |
Executive directors |
48 632 |
|
|
35 061 |
|
| |
Basic remuneration |
22 227 |
|
|
16 211 |
|
| |
Retirement and medical benefits |
449 |
|
|
239 |
|
| |
Other benefits and costs |
339 |
|
|
244 |
|
| |
Cash incentives |
25 617 |
|
|
18 367 |
|
| |
Non-executive directors |
785 |
|
|
– |
|
| |
Employer contributions to |
548 413 |
|
|
440 364 |
|
| |
Defined contribution pension funds |
202 661 |
|
|
151 531 |
|
| |
Provident funds |
19 840 |
|
|
14 534 |
|
| |
Retirement funds |
26 500 |
|
|
9 076 |
|
| |
Social securities |
278 241 |
|
|
253 112 |
|
| |
Medical aids |
21 171 |
|
|
12 111 |
|
| |
Net expense related to post-retirement obligations for current service costs |
91 318 |
|
|
76 574 |
|
| |
Defined benefit pension plans |
87 983 |
|
|
70 812 |
|
| |
Defined benefit early retirement plan |
3 335 |
|
|
5 762 |
|
| |
Share-based payment expense |
48 653 |
|
|
57 181 |
|
| |
Staff costs excluding directors’ emoluments and employer contributions |
11 811 251 |
|
|
9 487 144 |
|
| |
Fees for administrative, managerial and technical services |
23 119 |
|
|
38 043 |
|
| |
The Bidvest Group Limited pre-unbundling |
23 119 |
|
|
27 887 |
|
| |
Other |
– |
|
|
10 156 |
|
| |
Foreign exchange losses (gains) on forward exchange contracts |
52 859 |
|
|
(22 069) |
|
| |
Other foreign exchange gains |
(14 775) |
|
|
(71 620) |
|
| |
Realised |
(10 633) |
|
|
(64 151) |
|
| |
Unrealised |
(4 142) |
|
|
(7 469) |
|
| |
Net capital profit# |
(26 282) |
|
|
(140 817) |
|
| |
Net loss (profit) on disposal of property, plant and equipment |
4 256 |
|
|
(139 444) |
|
| |
Net loss on disposal of intangible assets |
5 280 |
|
|
– |
|
| |
Net profit on disposal of interests in subsidiaries and associates, and disposal and closure of businesses |
(35 818) |
|
|
(1 373) |
|
| |
Operating lease charges |
1 425 206 |
|
|
1 002 147 |
|
| |
Land and buildings |
775 969 |
|
|
554 193 |
|
| |
Equipment and vehicles |
649 237 |
|
|
447 954 |
|
| |
Impairment of associate# |
10 699 |
|
|
– |
|
| |
Impairment of available-for-sale investment# |
119 076 |
|
|
– |
|
| |
|
148 773 |
|
|
(22 531) |
|
|
|
|
|
|
|
|