Pages

Showing posts with label SA inflation facts as at the end of April. Show all posts
Showing posts with label SA inflation facts as at the end of April. Show all posts

Sunday 31 May 2009

SA inflation facts as at the end of April, 2009

Annual inflation: 8.4% as at April 2009

Cumulative inflation since Jan 1981: 1 354.8%

Cumulative inflation since Apr 1994: 161.6%

Cumulative real value destruction since Jan 1981: 93.1%

Cumulative real value destructionm since April 1994: 61.8%

Real value unknowingly destroyed by SA accountants in all Retained Earnings remaining in SA companies from Jan 1981 to Apr 2009

93.1%

Real value unknowingly destroyed by SA accountants in Issued Share Capital of all SA companies with no variable real value non-monetary items to revalue from Jan 1981 to Apr 2009

93.1%

Real value unknowingly destroyed by SA accountants in all Retained Earnings remaining in companies from Apr 1994 to Apr 2009

61.8%

Real value unknowingly destroyed by SA accountants in Issued Share Capital of all SA companies with no variable real value non-monetary items to revalue from Apr 1994 to Apr 2009

61.8%