Key findings: P0021 - Annual Financial Statistics (AFS), 2011

The AFS total turnover of all industries1 increased by 9% from a revised R5,2 trillion in 2010 to a preliminary R5,7 trillion in 2011. 

Eight of the nine industries reflected an increase in turnover between 2010 and 2011. The largest percentage increase (+26,0%) was reported in electricity, gas and water supply, followed by mining and quarrying (+25,4%), real estate, activities auxiliary to financial intermediation and other business services (excluding financial intermediation, insurance and business services not elsewhere classified) (+12,4%), trade (+11,1%), community, social and personal services (excluding government institutions) (+10,5%), transport, storage and communication (+9,2%), forestry and fishing (+4,9%) and manufacturing (+2,3%). A decrease was reported in construction (-0,5%).

Purchases amounted to R3 171 914 million (R3,2 trillion) in 2011, an increase of 9,9% compared with the revised estimate for 2010. An increase was reported by seven industries. Electricity, gas and water supply reported the largest increase (+23,6%), followed by mining and quarrying (+23,2%), real estate, activities auxiliary to financial intermediation and other business services (excluding financial intermediation, insurance and business services not elsewhere classified) (+21,0%), transport, storage and communication (+17,8%), trade (+11,8%), community, social and personal services (excluding government institutions) (+9,5%) and manufacturing (+4,3%). Decreases were reported for construction (-2,7%) and forestry and fishing (-4,5%).

Employment costs amounted to R786 041 million in 2011, an increase of 7,8% compared with the revised estimate for 2010. Community, social and personal services (excluding government institutions) reported the largest increase (+14,3%), followed by forestry and fishing (+12,1%), trade (+12,0%), transport, storage and communication (+10,0%), electricity, gas and water supply (+10,0%), construction (+9,6%), mining and quarrying (+8,6%), real estate, activities auxiliary to financial intermediation and other business services (excluding financial intermediation, insurance and business services not elsewhere classified) (+6,9%) and manufacturing (+1,6%).

Capital expenditure on assets amounted to R376 947 million in 2011, an increase of 3,7% between 2010 and 2011. Six of the nine industries reflected an increase in capital expenditure on assets. The largest increase was reported in forestry and fishing (+50,9%), followed by construction (+26,3%), real estate, activities auxiliary to financial intermediation and other business services (excluding financial intermediation, insurance and business services not elsewhere classified) (+24,9%), trade (+18,2%), community, social and personal services (excluding government institutions) (+15,7%) and manufacturing (+7,2%). Decreases were reported for transport, storage and communication (-0,6%), electricity, gas and water supply (-1,2%) and mining and quarrying (-11,9%).

The carrying value of property, plant and equipment and intangible assets amounted to R2 158 459 million (R2,2 trillion) in 2011, an increase of 7,0% compared with the revised estimate for 2010. The largest increase was reported in electricity, gas and water supply (+23,7%), followed by community, social and personal services (excluding government institutions) (+19,0%), transport, storage and communication (+13,0%), trade (+6,7%), mining and quarrying (+5,8%) and manufacturing (+4,9%). Decreases were reported for forestry and fishing (-3,0%), real estate, activities auxiliary to financial intermediation and other business services (excluding financial intermediation, insurance and business services not elsewhere classified) (-3,0%) and construction (-3,5%).


1All industries in the South African economy, excluding agriculture, financial intermediation, insurance, other business services not elsewhere 
 classified and government institutions.