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% |