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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