Economic contribution
Our continuing strong financial performance enables us to provide significant socio-economic benefits to many stakeholders.
Suppliers
Payments to suppliers in 2007 totalled €4,531 million (2006: €4,204 million). This 8% increase is attributable to the higher volumes traded in 2007 and reflects the impact of the acquisitions during the period. The majority of these payments relate to input fibre costs, energy, chemicals, packaging and merchant product expenses.
Employees
The value distributed to employees, including base wages and other related costs, totalled €906 million (2006: €874 million).
Capital expenditure
Total capital expenditure in 2007 amounted to €406 million (2006: €460 million), and is broadly in line with depreciation of €363 million if the €40 million expenditure on the two capital projects in Russia and Poland are excluded. This reflects Mondi’s continuing investment in major capital projects and acquisitions in low-cost emerging markets.
Taxes and other payments to governments
In 2007 Mondi paid a total of €189 million in taxes and related payments in the countries in which the Group operated. These included company taxes, employee taxes, royalties, import and export duties, transfer duties, sales and other taxes.
Attributable to shareholders
The net profit attributable to shareholders after taxation was €233 million.
Last change: 27.03.2008