Quantity and revenue before (baseline) and after T&T
Quantity and revenue | Baseline | Post-T&T | Change | ||||||
Total | Legal | Illicit | Total | Legal | Illicit | Total | Legal | Illicit | |
Consumption (million packs) | 1200 | 780 | 420 | 1101 | 950 | 151 | −99 | 170 | −269 |
Gov revenue (R billion) | 18.61 | 18.61 | – | 22.43 | 22.43 | – | 3.82 | 3.82 | – |
Specific (R billion) | 14.65 | 14.65 | – | 17.85 | 17.85 | – | 3.20 | 3.20 | – |
VAT (R billion) | 3.96 | 3.96 | – | 4.58 | 4.58 | – | 0.62 | 0.62 | – |
T&T cost (R billion) | – | – | – | 3.82 | 3.82 | – | – | – | – |
Industry revenue (R billion) | 19.99 | 11.76 | 8.23 | 16.09 | 12.71 | 3.38 | −3.90 | 0.95 | −4.85 |
Consumption indicates consumption once all substitution has occurred (within and across segments). The additional revenue and total cost of T&T are both highlighted, as these values are equal to each other by definition of the model (break-even).
T&T, track and trace.