Key findings: P0021 - Annual Financial Statistics (AFS), 2007

The total turnover of all industries1 for 2007 was estimated at R4 078 542 million (or R4,1 trillion), an increase of 19,0 % compared with the revised estimates for 2006 (R3 428 400 million or R3,4 trillion).

All industries reflected an increase in turnover between 2006 and 2007.  The largest percentage increase of 36,8% was reported in mining and quarrying, followed by construction (+25,1%), real estate and other business services (excluding financial intermediation and insurance, but including activities auxiliary to financial intermediation) (+20,8%), trade (+19,6%), manufacturing (+15,6%), transport, storage and communication (+14,7%), electricity, gas and water supply (+14,3%), community, social and personal services (excluding government institutions) (+9,0%) and forestry and fishing (+5,2%).

Capital expenditure on new assets amounted to R202 282 million in 2007, an increase of 18,0% between 2006 and 2007. The largest increase was reported in community, social and personal services (excluding government institutions) (+75,0%), followed by electricity, gas and water supply (+63,3%), mining and quarrying (+40,9%), trade (+27,4%), construction (+27,0%), transport, storage and communication (+8,6%), manufacturing (+2,6%) and real estate and other business services (excluding financial intermediation and insurance, but including activities auxiliary to financial intermediation) (+1,3%). A decrease was reported by forestry and fishing (-48,7%).

Book value of property, plant and equipment and intangible assets amounted to R1 231 455 million (R1,2 trillion) in 2007, an increase of 12,5% compared with the revised estimates for 2006. The largest increase was reported by community, social and personal services (excluding government institutions) (+153,1%), followed by construction (+32,8%), trade (+20,7%), electricity, gas and water supply (+19,1%), mining and quarrying (+14,3%), transport, storage and communication (+11,0%) and manufacturing (+10,4%). Decreases were reported by real estate and other business services (excluding financial intermediation and insurance, but including activities auxiliary to financial intermediation) (-8,6%) and forestry and fishing     (-8,7%).

Purchases amounted to R2 365 016 million (R2,4 trillion) in 2007, an increase of 22,2% compared with the revised estimates for 2006. Real estate and other business services (excluding financial intermediation and insurance, but including activities auxiliary to financial intermediation) reported the largest increase (+50,1%), followed by mining and quarrying (+32,1%), electricity, gas and water supply (+25,4%), manufacturing (+22,0%), trade (+20,8%), transport, storage and communication (+19,0%), construction (+17,0%), forestry and fishing (+10,5%) and community, social and personal services (excluding government institutions) (+5,3%).

Salaries and wages amounted to R544 388 million in 2007, an increase of 11,9% compared with the revised estimates for 2006. Community, social and personal services (excluding government institutions) reported the largest increase (+28,3%), followed by construction (+26,6%), electricity, gas and water supply (+17,7%), mining and quarrying (+15,4%), trade (+14,1%), transport, storage and communication (+13,1%), manufacturing (+8,1%) and real estate and other business services (excluding financial intermediation and insurance, but including activities auxiliary to financial intermediation) (+5,6%). A decrease was reported by forestry and fishing (-25,1%).


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