Download the Corporate Citizenship Review 1999 ... - SABMiller

The cash value added per employee amounted to US$51,000 (R300,000) and the cash value added per US$100 of
employee remuneration amounted to US$306.
SAB paid US$941 million (R5.5 billion), or 37 per cent of total wealth created, in direct and excise taxes to state
treasuries. Lenders and shareholders received US$78 million (R462 million) and US$230 million (R1.4 billion) in cash
respectively or in total 12 per cent of the wealth created, as remuneration for capital provided. The shareholders’
compound annual rate of return – the increase in the share price and dividends paid to shareholders – as measured on
the Johannesburg Stock Exchange (in rand) over the past seven years amounted to 15.1 per cent. This compares with
the 7.8 per cent achieved by the ten largest comparable industrials on the JSE over the same period.
After providing more than 2 per cent of pre-tax profit on corporate social investment, the Group retained
US$431 million (R2.5 billion) in the business to fund the replacement of assets and facilitate future growth.
This represents 17 per cent of the cash value generated,
which is being reinvested in the Company to ensure future
wealth creation. These funds were spent on maintaining
and expanding the Group’s current infrastructure
(US$545 million) and on the acquisition of new businesses
• RETURN ON INVESTMENT ▪ SAB SEEKS TO MAXIMISE TOTAL
SHAREHOLDER RETURN (“TSR”), ACHIEVING A COMPOUND
GROWTH RATE IN DIVIDENDS AND SHARE PRICE WHICH, OVER
TIME, AIMS TO BETTER THAT ACHIEVED ON COMPARABLE
INVESTMENTS.
(US$273 million) – the balance being funded by
new capital and loans raised.
• LOCAL ECONOMIC IMPACT ▪ SAB COMPANIES
SEEK TO HAVE A POSITIVE IMPACT ON LOCAL ECONOMIES,
THROUGH PROFITABLE AND SUSTAINABLE COMMERCE.
EXPANSION OF THE GROUP’S CURRENT INFRASTRUCTURE ENSURES FUTURE WEALTH CREATION.
• COMMUNICATION WITH INVESTORS, LENDERS AND ANALYSTS ▪
SAB VALUES THE SUPPORT OF ALL OUR PROVIDERS OF CAPITAL, LARGE AND
SMALL, AND SEEKS TO COMMUNICATE WITH THEM REGULARLY AND OPENLY,
PROVIDING RELIABLE AND TIMELY FINANCIAL AND OTHER INFORMATION.
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