Value added statement

for the year ended 28 February 2017

Value creation for stakeholders in purely financial terms is readily measurable and is recorded in the value added statement.

85% (FY16: 81%)
of the value created was distributed to employees in the form of salaries, wages and benefits

6% (FY16: 11%)
of the value created during FY17 was retained in the Group for reinvestment to sustain and expand the business

During FY17,
Datatec added
US$770 million
of value
(FY16: US$783 million),
which was distributed among key stakeholders:

5% (FY16: 5%)
of the value created was distributed directly to governments in the jurisdictions in which the Group operates

4% (FY16: 3%)
of the value created was paid to the Group’s providers of capital in the form of interest payments

	2017 US$’000	2016 US$’000
Revenue	6 083 383	6 454 782
Other income not included in revenue:
Interest received	3 994	3 670
Less: Paid to suppliers for materials and services	(5 317 007)	(5 675 345)
Total value added	770 370	783 107
Distributed as follows:
Employees
Salaries, wages and benefits	657 607	632 678
Providers of capital
Financing costs	28 197	27 549
Government
Taxation – current	39 950	36 588
Total value distributed	725 754	696 815
Portion of value reinvested to sustain and expand the business
Depreciation and amortisation	58 329	51 504
Deferred taxation	(9 040)	3 368
Minorities’ interests	(7 711)	(8 529)
Equity holders of the parent	3 038	39 949
Total value distributed and reinvested	770 370	783 107

Value added statement