Prysmian Group – 2015 Sustainability Report
Group ID Card
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46
Economic performance
ECONOMIC VALUE DISTRIBUTED TO STAKEHOLDERS
The Prysmian Group makes a constant effort to create and distribute value to 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 Group shareholders (dividends
paid) and other investors, 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.
Allocation of economic value created in 2015 (in millions of euro) as of 31.12.2015
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 statement as of 31
December 2015. The economic value generated by Prysmian in 2015, net of reclassified costs, amounted to
1,580 million euro or about 21% of consolidated sales. The largest part of this value is represented by the
remuneration of human resources (63%), followed by the remuneration of lenders, shareholders and minority
interests and the Public Administration (6%). and by roughly 225,000 euro in community contributions
11
. The
remainder (19%) represents the value retained by the business.
11
This amount only includes the gifts and donations to the community reported by some of the companies within the Prysmian Group:
Hungary, Germany, Italy, China, North America, Estonia, United Kingdom, Argentina, Finland, Sweden, Spain.
1,001
98
90
96
295
Employees
Lenders
Shareholders and minority
interests
Public administration
Economic value retained by
the Group