Question: 1 . 2 . The information provided below relates to the operations of gold mining company, Pan African Resources Plc , in 2 0 2

1.2. The information provided below relates to the operations of gold mining company, Pan African Resources Plc, in 2022 and 2023.
INFORMATION
2023
2022
Total gold production
175.209 ounces
205.688 ounces
Revenue
R5701.0 million
R5709.4 million
Labour costs
R1070.7 million (2469 employees)
R987.5 million (2193 employees)
Electricity consumption
R505.2 million (1403.02TJ)
R512.7 million (1357.07TJ)
Capital expenditure
R1782.2 million
R1031.3 million
Other inputs
R197.3 million
R909.7 million
1.2.1.
Determine Pan African Resources gold production per employee (i.e., labour productivity) in 2022 and 2023(round off answer to five decimal places) and comment on the results obtained by suggesting probable causes of the change in labour productivity. (4 marks)
1.2.2.
Using the sales revenue to represent the output from the operations, determine Pan African Resources multifactor productivity in 2022 and 2023(round off answers to two decimal places) and comment on the results obtaiQuestionQuestion 2
ned. (7 marks)

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