Question NW1057 to the Minister of Public Enterprises
30 July 2021 - NW1057
Clarke, Ms M to ask the Minister of Public Enterprises
(1) What (a) are the relevant details of the manufacturing statistics within Denel over the past six years and (b) total profits have been realised locally; (2) (a) for which countries has Denel manufactured defence equipment and (b) what was the profit margin in this regard over the past six years?
Reply:
According to the information received from Denel:
1(a) Denel is a multi-product entity. The statistics can reasonably be given in financial form as follows:
|
Year |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
|
R’m Revenue |
5 852 |
8 422 |
7 769 |
5 848 |
3 764 |
2 729 |
(1)(b) Denel does not split data on profits per country. The gross profitability is shown below:
|
Year |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
|
Overall Group Gross Profits / (loss)* |
1137 |
1672 |
1219 |
265 |
-582 |
582 |
* Profit before operational fixed costs
2(a) Denel has manufactured defence equipment for the following:
|
Asia Pacific |
|
Africa |
|
South Africa |
|
South America |
|
Europe |
|
Middle East |
|
North America |
2(b) See 1(b) above.