Key findings: P0044 - Quarterly financial statistics (QFS), June 2010

The total turnover of all industries1 for the second quarter of 2010 was estimated at R1 251 175 million (R1,25 trillion), an increase of 4,9% compared with the revised first quarter of 2010 (R1 192 604 million or R1,19 trillion).

Between the first and second quarters of 2010, turnover increased in seven of the eight industries covered in the survey. The largest increase in turnover was recorded for electricity, gas and water supply (+25,0%), followed by mining and quarrying (+15,9%), manufacturing (+5,0%), trade (+4,8%), community, social and personal services (excluding government institutions) (+2,8%), construction (+2,7%) and transport, storage and communication (+1,1%). A decrease was recorded for real estate and other business services (excluding financial intermediation and insurance) (-0,7%).

Total inventories at the end of the second quarter of 2010 were estimated at R474 046 million, compared with R458 406 million for the revised first quarter of 2010, an increase of 3,4%. The largest increase in inventories was recorded for transport, storage and communication (+20,2%), followed by mining and quarrying (+8,2%), real estate and other business services (excluding financial intermediation and insurance) (+8,1%), electricity, gas and water supply (+7,0%), manufacturing (+5,7%), community, social and personal services (excluding government institutions) (+4,6%) and construction (+0,4%). A decrease was recorded for trade (-1,6%).

Purchases for the second quarter of 2010 were estimated at R724 483 million, compared with        R684 091 million for the revised first quarter of 2010, an increase of  5,9%. The largest increase in purchases was recorded for community, social and personal services (excluding government institutions) (+8,6%), followed by real estate and other business services (excluding financial intermediation and insurance) (+8,3%), manufacturing (+7,1%), mining and quarrying (+7,0%), electricity, gas and water supply (+6,3%), trade (+5,5%), transport, storage and communication (+2,7%) and construction (+0,8%).

Total capital expenditure on property, plant and equipment for the second quarter of 2010 was estimated at  R58 377 million, compared with R45 898 million for the revised first quarter of 2010, an increase of 27,2%. The largest increase was reported for electricity, gas and water supply (+365,7%), followed by manufacturing (+41,3%), mining and quarrying (+16,1%), real estate and other business services (excluding financial intermediation and insurance) (+9,2%), community and social and personal services (excluding government institutions) (+5,2%), trade (+3,1%) and construction (+1,7%). A decrease was recorded for transport, storage and communication (-17,9%).

Turnover of all industries increased by 8,6% between the second quarters of 2009 and 2010. The largest increase was recorded for electricity, gas and water supply (+40,5%), followed by mining and quarrying (+23,5%), community, social and personal services (excluding government institutions) (+12,0%), manufacturing (+11,2%), transport, storage and communication (+8,1%), trade (+6,4%) and construction (+1,2%). A decrease was recorded for real estate and other business services (excluding financial intermediation and insurance) (-2,2%).


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