Key findings: P0044 - Quarterly financial statistics (QFS), June 2007

The total turnover of all industries1 for the second quarter of 2007 was estimated at R1 047 201 million (R1,05 trillion), an increase of 3,4% compared with the revised first quarter of 2007 (R1 012 583 million or R 1,01 trillion).

Between the first quarter of 2007 and the second quarter of 2007 turnover increased in seven of the eight industries covered in the survey. The largest increase was recorded for electricity, gas and water supply (+14,6%), followed by mining and quarrying (+6,8%), construction (+4,8%), manufacturing (+4,4%), trade (+2,8%), transport, storage and communication (+2,6%) and real estate and other business services (excluding financial intermediation and insurance) (+1,6%). Community, social and personal services (excluding government institutions) decreased by 3,9%.

Total inventories at the end of the second quarter of 2007 were estimated at R334 468 million, compared with R319 777 million for the revised first quarter of 2007, an increase of 4,6%. The highest increase in inventories was recorded for manufacturing (+7,2%), followed by mining and quarrying (+6,6%), transport, storage and communication (+4,7%), community, social and personal services (excluding government institutions) (+4,1%) and trade (+2,9%). Decreases were reported in electricity, gas and water supply        (-4,1%), construction (-1,4%) and real estate and other business services (excluding financial intermediation and insurance) (-1,4%).

Purchases at the end of the second quarter of 2007 were estimated at R552 499 million, compared with R528 784 million for the revised first quarter of 2007, an increase of 4,5%. The highest increase in purchases was recorded for transport, storage and communication (+19,3%), followed by manufacturing (+5,5%), electricity, gas and water supply (+5,2%), mining and quarrying (+4,5%), real estate and other business services (excluding financial intermediation and insurance) (+3,7%), community, social and personal services (excluding government institutions) (+3,3%) and trade (+3,2%). A decrease of 0,2% was reported by the construction industry.

Total capital expenditure on new buildings, machinery, furniture, fittings, vehicles and other equipment, which was estimated at R46 046 million for all industries for the second quarter of 2007, decreased by 2,9% compared with the revised first quarter of 2007 (R47 424 million). Increases were reported in real estate and other business services (excluding financial intermediation and insurance) (+30,9%), community, social and personal services (excluding government institutions) (+25,0%), mining and quarrying (+18,1%), manufacturing (+2,5%) and construction (+0,9%). Decreases were reported in transport, storage and communication (-33,5%), electricity, gas and water supply (-15,9%) and trade         (-4,8%).

Book value of fixed assets as at the end of the second quarter of 2007 was estimated at R1 073 638 million (R1,07 trillion), an increase of 0,2% compared with the revised first quarter of 2007 (R1 071 057 million or R1,07 trillion). The highest increase was reported in electricity, gas and water supply (+4,2%), followed by construction (+2,2%), mining and quarrying (+1,5%), trade (+1,5%), transport, storage and communication (+1,4%), manufacturing (+0,8%) and community, social and personal services (excluding government institutions) (+0,6%). Real estate and other business services (excluding financial intermediation and insurance) decreased by 4,5%.