RA Sonae 59.indd

The Economic and Social Impact of the Sonae Group
Our Human Capital
Employees*
Direct employment by Sub holding
Modelo Continente
Sonae Sierra
Sonaecom
Sonae Capital
* Staff numbers as at 31.12.2006
3% 1% 2%
Type of job contract at Sonae Group
15%
94%
Our Wealth Generation
Direct Economic Value Generated and its distribution in 2006
(Million euros)
Economic Value
Retained
Total Economic
Value Distributed
Total of Direct
Economic
Value Generated
0
401
1,000
2,000
3,000
4,000
4,536
4,937
The importance of the Sonae group for the Portuguese Economy in 2006 1 :
Gross Value Added (GVA) in Portugal represents 0.8% of Portuguese GVA
Employees in Portugal represent 0.6% of total Portuguese population employed
5,000
6,000
1 Based on data from the National Statistical Institute (INE):
Portuguese population figures and preliminary GVA
Permanent Contract
Temporary
85%
Total Nº Employees = 33,181; 67% Female; 33 % Male
Total Nº Employees in Portugal = 98%
Total Nº Employees abroad = 2%
Our Wealth
Economic Value Distributed to our stakeholders
Structure of the Economic Value Distributed
13%
4%
1%
Operating Costs
Staff Costs
Providers of Capital
Government
82%
Operating Costs = External Suppliers and Services + Cost of Goods
Sold and Materials Consumed + Other Costs
Staff Costs = Employee Wages ands Benefits
Payments to Providers of Capital = Financial Costs + Dividends
Payments to Government = Taxes (excluding deferred taxes)
Wealth Generated by the Sonae Group 2006
Turnover (Sales + services rendered) 4,384
Turnover in Portugal 4,060
Gross Value Added (GVA) 1,112
Operational Profit EBIT 357
Operational Cash Flow EBITDA 599
Amounts in million Euro
GVA = Turnover + Changes in stocks + Own work capitalised +
Supplementary income - cost of goods sold and materials
consumed - External supplies and services
For more detailed financial information about the Sonae
Group, please go to the Investors Relations section on the
company website at www.sonae.pt
Sustainability Report 06
Sonae SGPS, S.A.
09