Value Added Statement

SHOPRITE HOLDINGS LIMITEDAND ITS SUBSIDIARIES
for the year ended 30 June 2009

	30 June		30 June
	2009		2008
	R’000	%	R’000	%


SALES OF MERCHANDISE	59 318 559		47 651 548
INVESTMENT INCOME	220 845		211 675
COST OF GOODS AND SERVICES	(50 482 255)		(40 818 156)

VALUE ADDED	9 057 149	100.0	7 045 067	100.0

EMPLOYED AS FOLLOWS:

EMPLOYEES
Salaries, wages and service benefits	5 176 830	57.2	3 913 308	55.5

PROVIDERS OF CAPITAL	977 723	10.8	642 567	9.1

Finance costs to providers of funds	86 142	1.0	59 149	0.8
Dividends to providers of share capital	891 581	9.8	583 418	8.3

TAX
Tax on profits made	999 478	11.0	875 570	12.4

REINVESTED
Reinvested in the Group to finance future expansion and growth	1 903 118	21.0	1 613 622	22.9

Depreciation and amortisation	769 453	8.8	626 788	8.9
Retained earnings	1 106 665	12.2	986 834	14.0

EMPLOYMENT OF VALUE ADDED	9 057 149	100.0	7 045 067	100.0