Value added statement

for the year ended 28 February 2018

Value added statement
   FY18 
US$'000 
   Re-presented^ 
FY17 
US$'000 
  
Revenue from continuing operations  3 923 715     3 961 991    
Interest received from continuing operations  8 670     2 912    
Gain on disposal of subsidiaries  136 341     –    
Less: Paid to suppliers for materials and services for continuing operations  (3 061 232)    (3 325 459)   
Total value added  1 007 494     639 444    
Distributed as follows:             
   Employees and directors  596 352     509 498    
      Salaries, wages and benefits for continuing operations             
   Providers of capital             
      Financing costs from continuing operations  27 073     16 733    
   Distributions to shareholders  352 479     28 892    
   Government             
      Taxation – current from continuing operations  31 123     27 388    
Total value distributed  1 007 027     582 511    
Portion of value reinvested to sustain and expand the business  467     56 933    
   Depreciation and amortisation from continuing operations  51 563     52 330    
   Impairment of joint venture from continuing operations  1 000     –    
   Impairment of capitalised development expenditure from continuing operations  55 112     –    
   Deferred taxation from continuing operations  (12 658)    (6 146)   
   Minorities’ interests  (2 568)    7 711    
   Equity holders of the parent (excluding the gain on disposal of subsidiaries)1  (91 982)    3 038    
Total value distributed and reinvested  1 007 494     639 444    
1Equity attributable to the parent  44 359          
Less: Gain on disposal of subsidiaries  (136 341)         
   (91 982)          

^ The prior year has been re-presented to show comparative results from continuing and discontinued operations in accordance with IFRS 5.