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Overview

(continued)

The group remains a sustainable for-profit organisation through the commitment, energy

and resourcefulness of its people and stakeholders, contributing to the economy and

society in general. The value-added statement illustrates how the group distributed its

earnings, and how much was retained for reinvestment.

Salaries, wages and benefits

R2,8bn

(2017: R2,69bn)

Retained earnings

R1,31bn

(2017: R0,46bn)

Direct taxes paid

R4,2bn

(2017: R3,3bn)

Finance costs

R0,65bn

(2017: R0,67bn)

Dividends paid

R6,5bn

*

(2017: R6,5bn**)

Capital investments

R1,46bn

(2017: R1,23bn)

Licence fees

R0,18bn

(2017: R0,17bn)

* This relates to the dividend declared in June 2017 and paid in September 2017 (which payment took place in the 2018 financial

year, being 1 April 2017 until 31 March 2018).

** This relates to the dividend declared in June 2016 and paid in September 2016 (which payment took place in the 2017 financial

year being 1 April 2016 until 31 March 2017).

Value-added statement

MultiChoice South Africa Holdings Proprietary Limited

Integrated annual report 2018

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