Tiger Brands | Annual Financial Statements 2022

COMPANY				GROUP
2022	2021		(R'million)	2022	2021
		2	Revenue (GROUP)
			Revenue from contracts with customers constitutes the sale of manufactured goods in the fast moving consumer goods (FMCG) sector, including Food, Home, Personal Care and Baby Care products throughout South Africa and selected other countries.
		2.1	Revenue from the sale of goods comprises:
			Sale of goods inside of South Africa	29 769,5	27 620,6
			Sale of goods outside of South Africa	4 261,1	3 588,2
			Impact of product recall (refer note 3.1)	(1,7)	(254,9)
				34 028,9	30 953,9
			Refer to the segmental analysis for details of the segmental split.
		2.2	Revenue by major customer
			Customer 1	6 353,4	5 705,3
			Customer 2	4 248,9	3 382,8
			Customer 3	3 239,9	3 007,8
			Customer 4	2 317,7	2 269,6
			Customer 5*	1 619,1	277,7
			All other customers	16 249,9	16 310,7
				34 028,9	30 953,9
			Customers 1 to 5 relate to sale of goods within South Africa.
		2.3	Revenue (COMPANY)
			Dividend income reflected as revenue.
2 724,5	1 637,3		From subsidiary companies and associate companies
1 184,5	–		From subsidiary company in specie
214,7	183,4		From BEE empowerment entities
8,8	0,9		From other investments
4 132,5	1 821,6

*	A new major customer is included in the current year.