We want to contribute in a significant way to the development and the economic and financial stability of the countries in which we operate. This is why we promote constant dialogue with institutions and we support initiatives aimed at facilitating entrepreneurial projects and job opportunities locally. We believe in an economy that is a system of relations based on trust and transparency, an integrated dynamic network of cross-cutting communities, built over time to create and exchange value.

 

Our business model - diversified by end markets, geographical areas and customer portfolio - is able to face new challenges by seizing all opportunities without ignoring their social and environmental implications.

Our aim is to promote strategies aimed at building a synergetic network among institutions, firms and districts in the shipbuilding industry.

 

In this context, the distribution of Economic Value represents the preeminent impact of the Group's business for the benefit of the main stakeholder categories.

ITEMS DESCRIPTION   2020 2021 VAR 2021/2020
ECONOMIC VALUE GENERATED DIRECTLY   euro/million 5,932 6,966 17%
Revenue Sales revenue euro/million 5,879 6,911 18%
Finance income Interest income and return on equity investments euro/million 61 64 6%
Capital gains/losses on business profits Business profits euro/million (8) (9) 17%
DISTRIBUTED ECONOMIC VALUE   euro/million 5,909 6,627 12%
Operating costs Payments to suppliers euro/million 4,705 5,286 12%
Cost of personnel Payments to employees euro/million 986 1,085 10%
Dividends Payments to suppliers of capital (shareholders) euro/million 0 0 -
Interest paid and financial costs Payments to suppliers of capital (banking institutions) euro/million 212 183 -14%
Duties and taxes Payment of duties, taxes and other financial and legal fees euro/million 1 70 7831%
Donations to associations Community investments euro/million 5 3 -40%
ECONOMIC VALUE RETAINED Calculated as the difference between the economic value generated and the economic value distributed euro/million 23 339 1366%
The data refer to the entire Fincantieri Group.

Related Topics

Economic Responsibility

The Bridge for Genoa

Our approach to tax matters

Economic satellite businesses

Supply chain

Business Model