IMPROVING LIVES THROUGH DATA ECOSYSTEMS

The total turnover of annual financial statistics (AFS) industries1 was estimated at R9 369 199 million (R9,4 trillion) for 2017, an increase of 6,0% compared with the revised estimate of R8 836 493 million (R8,8 trillion) for 2016.

Between 2016 and 2017 turnover increased in all industries covered by the survey. The largest percentage increase (+13,1%) was reported in forestry and fishing, followed by mining and quarrying (+12,9%), electricity, gas and water supply (+10,6%), community, social and personal services2 (+9,5%), construction (+8,6%), manufacturing and activities auxiliary to financial intermediation, real estate and other business services3 (+6,9%), transport, storage and communication (+5,6%) and trade (+3,2%).

Purchases amounted to R5 556 367 million in 2017, representing an increase of 4,7% compared with the revised estimate for 2016. Forestry and fishing reported the largest increase (+22,3%), followed by activities auxiliary to financial intermediation, real estate and other business services3 (+13,7%), community, social and personal services2 (+13,3%), construction (+9,3%), transport, storage and communication (+9,2%), mining and quarrying (+7,1%), manufacturing (+7,0%) and trade (+1,6%). A decrease was reported for electricity, gas and water supply (-0,2%).

Employment cost amounted to R1 288 399 million in 2017, representing an increase of 6,2% compared with the revised estimate for 2016. Electricity, gas and water supply reported the largest increase (+13,2%), followed by forestry and fishing (+10,3%), construction (+10,1%), community, social and personal services2 (+9,1%), activities auxiliary to financial intermediation, real estate and other business services3 (+8,9%), mining and quarrying (+6,8%), manufacturing (+6,0%), transport, storage and communication (+2,8%) and trade (+2,2%).

Capital expenditure on assets amounted to R511 240 million in 2017, representing an increase of 2,7% compared with the revised estimate for 2016. The largest increase was reported in construction (+28,6%), followed by community, social and personal services2 (+24,8%), activities auxiliary to financial intermediation, real estate and other business services3 (+18,2%), electricity, gas and water supply (+10,6%), forestry and fishing (+10,2%), manufacturing (+10,1%), trade (+1,7%) and transport, storage and communication (+1,3%). A decrease was reported for mining and quarrying (-27,0%).

The carrying value of property, plant and equipment and intangible assets amounted to R3 118 683 million in 2017, an increase of 8,2% compared with the revised estimate for 2016. The largest increase was reported in construction (+28,1%), followed by electricity, gas and water supply (+17,3%), forestry and fishing (+11,7%), activities auxiliary to financial intermediation, real estate and other business services3 (+10,5%), community, social and personal services2 (+8,9%), trade (+8,5%), transport, storage and communication (+6,3%), manufacturing (+3,2%) and mining and quarrying (+2,2%).

1All industries in the South African economy, excluding agriculture, hunting, financial intermediation, insurance, pension funding, other business services not elsewhere classified, government and educational institutions.
2Excluding government and educational institutions.
3Excluding financial intermediation, insurance, pension funding and business services not elsewhere classified.