"Perspectives 2011" - Sustainability and Annual Report (pdf)

Introduction Company profile and strategyService portfolio Communication and social responsibilitySustainability indicatorsThese indicators are determined based on Global Reporting Initiative (GRI) recommendations andguidelines for sustainability reporting. An overview of all G3 indicators is provided in the G3.1/AOSSGRI index. Unless stated otherwise, the figures given here pertain to the entire FMG Group, includingaffiliates in which we hold a majority stake.EC1 / Value added2011 2010FMG Group € million € millionEC1 / Value distributed2011 2010FMG Group € million € millionNet sales revenue 1,150.6 1,081.1Other earnings 136.8 73.1Total operating performance 1,287.4 1,154.2Less operating expenditure −476.9 −387.8Less depreciation and amortization −154.4 −155.6= Total value added 656.1 610.8Employees 308.1 307.0Providers of capital 94.6 100.3The state 56.3 191.3Third-party shareholders 25.0 15.4The company 172.1 −3.2= Total value distributed 656.1 610.8Our value added statement shows the difference betweenthe company’s output and the value of attendantup-front expenditures. The distribution figuresindicate the respective shares of those participatingin the value added process (employees, the state andproviders of capital).Our employees again accounted for the greatestamount of value added in 2011 – more than €300.0 mil -lion in the form of wages and salaries, social securitylevies and retirement provisions.FMG’s payments to the state include taxes and theinterest paid to shareholders. In the review year, FMGagain received no state financial grants.156