BUILDING LANDMARKS, CHARTING GROWTH
119
Annual Report 2015
VALUE ADDED STATEMENT
For the period
1 July 2014 to
31 December 2015
S$M
Value added from:
Revenue earned
139.4
Less: Purchase of materials and services
(54.2)
Add: Other income
115.7
Gross value added from operations
200.9
In addition
Share of results of associates and joint ventures
39.8
Total value added
240.7
Distribution:
To employees in wages, salaries and benefits
22.4
To government in taxation
30.6
To providers of capital in:
- Net finance cost on borrowings
71.5
- Dividends to non-controlling shareholders of subsidiaries
1.0
125.5
Balance retained in the business:
Depreciation and amortisation
4.4
Non-controlling interests
31.1
Retained earnings
79.0
114.5
Allowance for doubtful receivables/written-off
0.7
Total Distribution
240.7
Productivity analysis:
Value added per employee (S$'000)
764
Value added per dollar of employment cost (S$)
8.97
Value added per dollar sales (S$)
1.44
