Key findings: P0021 - Annual Financial Statistics (AFS), 2012

The total turnover of all industries1 was estimated at R6 318 869 million (R6,3 trillion) for 2012, an increase of 10,9% compared with the revised estimate of R5 695 817 million (R5,7 trillion) for 2011. 

Eight of the nine industries reflected an increase in turnover between 2011 and 2012. The largest percentage increase (+24,1%) was reported in electricity, gas and water supply, followed by trade (+13,6%), mining and quarrying (+11,6%), transport, storage and communication (+10,4%), manufacturing (+10,3%), forestry and fishing (+9,3%), construction (+8,7%) and activities auxiliary to financial intermediation, real estate and other business services (excluding financial intermediation, insurance and business services not elsewhere classified) (+4,7%). A decrease was reported in community, social and personal services (excluding government institutions) (-0,1%).

Purchases amounted to R3 620 078 million (R3,6 trillion) in 2012, representing an increase of 14,5% compared with the revised estimate for 2011. Increases were reported by eight industries. Electricity, gas and water supply reported the largest increase (+28,5%), followed by manufacturing (+16,7%), transport, storage and communication (+14,8%), trade (+14,7%), forestry and fishing (+14,1%), construction (+10,6%), mining and quarrying (+8,3%) and activities auxiliary to financial intermediation, real estate and other business services (excluding financial intermediation, insurance and business services not elsewhere classified) (+5,9%). A decrease was reported for community, social and personal services (excluding government institutions) (-0,1%).

Employment cost amounted to R837 672 million in 2012, representing an increase of 6,0% compared with the revised estimate for 2011. Construction reported the largest increase (+18,7%), followed by electricity, gas and water supply (+14,0), transport, storage and communication (+9,7%), mining and quarrying (+6,5%), activities auxiliary to financial intermediation, real estate and other business services (excluding financial intermediation, insurance and business services not elsewhere classified) (+5,1%), forestry and fishing (+4,6%), trade (+4,5%) and manufacturing (+4,3%). A decrease was reported for community, social and personal services (excluding government institutions) (-3,8%).

Capital expenditure on assets amounted to R387 992 million in 2012, representing an increase of 4,9% between 2011 and 2012. Six of the nine industries reflected an increase in capital expenditure on assets. The largest increase was reported in electricity, gas and water supply (+14,9%), followed by forestry and fishing (+14,3%), trade (+10,7%), mining and quarrying (+8,6%), construction (+8,5%) and transport, storage and communication (+4,0%). Decreases were reported for activities auxiliary to financial intermediation, real estate and other business services (excluding financial intermediation, insurance and business services not elsewhere classified) (-8,3%), community, social and personal services (excluding government institutions) (-4,3%) and manufacturing (-0,2%).

The carrying value of property, plant and equipment and intangible assets amounted to R2 195 137 million (R2,2 trillion) in 2012, an increase of 4,4% compared with the revised estimate for 2011. The largest increase was reported in electricity, gas and water supply (+19,7%), followed by mining and quarrying (+8,7), construction (+7,8%), forestry and fishing (+3,7%), transport, storage and communication (+3,7%), manufacturing (+3,3%), trade (+1,6%) and community, social and personal services (excluding government institutions) (+0,2%). A decrease was reported for activities auxiliary to financial intermediation, real estate and other business services (excluding financial intermediation, insurance and business services not elsewhere classified) (-8,7%).


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