Integrated
report
for the year ended 31 March 20202
CFO’s statement
The Group has once again performed well, with continued strong growth in the International operations and pleasing performance in South Africa in the second half of the year in a particularly volatile operating environment.
Till Streichert
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Group revenue
Operating profit
Tax and our total economic contribution to public finances
In the countries in which we operate taxes are most often the largest source of government revenue. These tax revenues enable governments to pay for essential public services, such as health care, security and education, whilst ensuring a functional infrastructure is built and maintained across society.
We take our responsibilities to contribute to the social and economic development of the countries in which we operate seriously, and we remain committed to acting with integrity, honesty and transparency in the creation and execution of our tax strategy, policies and practices. The below contributions reported excludes the taxes and other economic contributions made by joint ventures and associates of the Group.
billion
As a major investor, taxpayer, employer and purchaser of local goods and services we contributed more than R20.4 billion (2019: R20.0 billion) to the public finances of governments in the jurisdictions in which we operate.