ECONOMIC VALUE CREATION
Economic Value We Create
We are able to generate a total of PHP 54.7 billion in revenue for 2021, a growth of 13% compared to the year before. This is driven by the strong sales performance of our products.
82% Payment to Suppliers and Other Operating Expenses
Procurement, production and manufacturing costs comprise most of our economic value distribution in 2021 at Php 44.9 billion.
7% Payment to our People
Employee wages, salaries and benefits amounted to Php 3.8 billion, constituting 7% of the economic value we generated.
2% Payments to Government
Taxes paid to the government amounted to Php 1.1 billion.
3% Payment to Providers of Capital
We continued to provide our shareholders a healthy return on capital as we distributed dividends amounting to Php 1.3 billion, while finance costs amounted to Php 0.3 billion.
6% Economic Value Retained
Of the Php 54.7 billion that was generated, 6% was retained by the company to fund operations, growth opportunities, and sustainability initiatives.