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CREATE ORGANIC GROWTH AND SUSTAIN
STAKEHOLDER VALUE
The group remains a sustainable for-pro t organisation through the commitment, energy and
resourcefulness of its people and stakeholders, contributing to the economy and society.
TOTAL VALUE
CREATED
R14,96bn
2016: R13,89bn
2016:
R0,55bn
Finance costs
2017:
R0,67bn
2016:
R6,20bn
Dividends paid
2017:
R6,50bn
2016:
R3,50bn
Total tax paid
2017:
R3,24bn
2016:
R0,15bn
Licence fees
2017:
R0,17bn
2016:
R1,12bn
Capital
investments
2017:
R1,23bn
2016:
(R0,14bn)
Retained
earnings
2017:
R0,46bn
2016:
R2,51bn
2017:
R2,69bn
Total
2016:
R6,75bn
2017:
R7,17bn
GOVERNMENT
REINVESTED IN THE GROUP
Value-added statement for the year ended 31 March
The value-added statement illustrates how the group
distributed its earnings, and how much was retained
for reinvestment.
Value distribution
SALARIES, WAGES AND BENEFITS
PROVIDERS OF CAPITAL
Total
2017:
R3,41bn
2016:
R3,65bn
Total
2017:
R1,69bn
2016:
R0,98bn
REVIEW
(CONTINUED)
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MultiChoice South Africa Holdings Proprietary Limited
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Integrated annual report 2017