WOOLWORTHS VALUE ADDED STATEMENT

    2010       2009    
    Rm       Rm    
Value added   23,744       22,372    
Less: Cost of sales   15,656       14,501    
Cost of services and other operating expenses   2,888       2,706    
    5,200       5,165    
Distribution of wealth:                
    Rm   %   Rm   %
to employees as salaries, wages and other benefits   2,858     55.0%   2,689   52.1%
to government as income tax (including deferred tax)   491   9.4%   546   10.6%
to lenders as finance costs   151   2.9%   281   5.4%
to shareholders   718   13.8%   1,399   27.1%
depreciation and amortisation   442 442   8.5%   401   7.8%
earnings retained   540   10.4%   151   -2.9%
    5,200       5,165