2012 SuStainability RepoRt
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| pRySmian gRoup | 2012 SuStainability RepoRt
The economic value generated by
Prysmian in 2012, net of reclassified
costs, amounted to 1,616 million euro or
about 20% of consolidated sales.
the creation and distribution of economic value provide
an initial indication of how the prysmian Group generates
wealth for its stakeholders.
economic value represents the wealth produced by
the Group that, in various forms, is distributed to the
stakeholders in the following ways: remuneration of
human resources (direct remuneration, comprising
wages, salaries and severance indemnities, and indirect
remuneration in the form of social security and pension
contributions), remuneration of lenders (interest expense),
remuneration of shareholders (dividends paid) and
non-controlling interests, remuneration of the public
administration (total taxes paid), gifts and donations
to the community. the value retained by the Group is
represented by the profit reserves carried forward.
the schedule showing how the economic value generated
by prysmian is allocated was prepared with reference
to the income statement captions reported in the
consolidated financial statements as of 31 december 2012.
the economic value generated by prysmian in 2012, net of
reclassified costs, amounted to 1,616 million euro or about
20% of consolidated sales. the largest part of this value
is represented by the remuneration of human resources
(64%), followed by the remuneration of the shareholders
and non-controlling interests (6%), lenders (9%) and the
public administration (5%).
ECONOMIC VALUE DISTRIBUTED TO STAKEHOLDERS
>
ecONOMIc ANd fINANcIAL ReSPONSIbILItY
bReaKdown of econoMic Value 2012
(in million euro)
Human resources
1,041
267
73
92
143
Lenders
Shareholders and Non-controlling interests
Public
Administrations
Economic value
retained by the Group
40,000 Euro
to community*
*this amount only includes gift and donations to the community
made by prysmian S.p.a
