Key findings: P0021 - Annual Financial Statistics (AFS), 2006

The total turnover of all industries1 for 2006 was estimated at R 3 429 660 million (R 3,4 trillion), an increase of 15,1 % compared with the revised estimates for 2005 (R 2 979 010  million or R 3,0 trillion).

All industries reflected an increase in turnover between 2005 and 2006.  The largest percentage increase of 23,3% was reported in mining and quarrying, followed by construction (+23,2%), trade (+17,8%), transport, storage and communication (+15,0%), community, social and personal services (excluding government institutions) (+14,0%), real estate and other business services (excluding financial intermediation and insurance) (+13,8%), forestry and fishing (+11,6%) , manufacturing (+10,3%) and electricity, gas and water supply (+9,1%).

Capital expenditure on new assets amounted to R168 402 million in 2006, an increase of 14,9% between 2005 and 2006. The largest increase was reported in construction (+73,9%), followed by real estate and other business services (excluding financial intermediation and insurance, but including activities auxiliary to financial intermediation) (73,1%), electricity, gas and water supply (+31,3%), trade (+22,8%), transport, storage and communication (+20,4%), community, social and personal services (excluding government institutions) (+15,7%) and mining and quarrying (+0,1%). Decreases were reported by manufacturing (-7,1%) and forestry and fishing (-4,4%).

Book value of fixed assets and intangible assets amounted to R1 114 938 million in 2006, an increase of 9,8% compared with the revised estimates for 2005. The largest increase was reported by construction (+65,9%), followed by mining and quarrying (+17,3%), trade (+17,1%), transport, storage and communication (+9,0), electricity, gas and water supply (+7,7%), real estate and other business services (excluding financial intermediation and insurance, but including activities auxiliary to financial intermediation) (+7,0%), manufacturing (+4,7%) and forestry and fishing (+1,3%). Community, social and personal services (excluding government institutions) reported a decrease of 4,3%.

Purchases amounted to R1 941 751 million in 2006, an increase of 14,5% compared with the revised estimates for 2005. Electricity, gas and water supply reported the largest increase of 23,2%, followed by construction (+20,7%), community, social and personal services (excluding government institutions) (+20,5%), trade (+18,9%), manufacturing (+11,0%), mining and quarrying (+10,6%), transport, storage and communication (+10,3%) and forestry and fishing (3,8%). Real estate and other business services (excluding financial intermediation and insurance, but including activities auxiliary to financial intermediation) reported a decrease of 7,9%.

Salaries and wages amounted to R484 056 million in 2006, an increase of 14,0% compared with the revised estimates for 2005. Real estate and other business services (excluding financial intermediation and insurance, but including activities auxiliary to financial intermediation) reported the largest increase of 22,5%,  followed by trade (+19,4%), forestry and fishing (+17,1%), construction (+16,6%), mining and quarrying (+11,0%), manufacturing (+8,4%), community, social and personal services (excluding government institutions) (+9,8%), transport, storage and communication (+6,5%) and electricity, gas and water supply (+4,1%).

1. All industries in the South African economy, excluding agriculture, financial intermediation and insurance and general government institutions.