![]()
MYTILINEOS GROUP
SUSTAINABILITY REPORT 2011 |27
MYTILINEOS Group
Economic Value Table
2009
2010
2011
Turnover (€)
661,810,000
1,001,351,000
1,675,220,559
Economic value created
661,810,000
1,001,351,000
1,675,220,559
Operating costs (€)
592,052,000
850,470,000
1,386,078,049
Employee salaries and benefits (€)
92,154,000
87,290,000
92,019,145
Payment of income tax & other taxes (€)
10,461,000
38,566,000
67,666,347
Payments to capital providers (€)
20,392,000
6,154,000
30,208,942
Investments in local communities (€)
1,396,513
1,062,667
1,221,835
Economic value distributed
716,455,513
983,542,667
1,577,194,318
Economic value distributed
108.2%
98.2%
94.1%
Economic value retained
- 8.2%
1.8%
5.9%
Significant financial assistance*
received from Government bodies
2009
2010
2011
Tax exemptions / credits (€)
0
133,398
115,200
Subsidies (€)
2,760,452
282,201
4,816,149
Investment, research and technology subsidies and
other relevant types of subsidies (€)
0
1,084,914
133,739
Key financial figures
* In 2011, ALUMINIUM S.A. received in total €4,816,149 of subsidies from the Ministry of Development for its 3rd Combined Heat and Power plant (Steam Turbine).
In addition, DELPHI - DISTOMON S.A. received €115,200 of subsidy, which concerned the refund of Special Consumption Tax on fuel.
