Group Value Added Statements

Group Value Added Statements

FY 2018
S$ million
FY 2017
S$ million
Value added from:
Operating revenue 17,532 16,711
Less: Purchase of goods and services (10,049) (9,406)
7,483 7,306
Other income 259 215
Interest and investment income (net) 46 115
Share of results of associates (post-tax) 1,787 2,017
Exceptional items 1,940 (1)
4,032 2,346
Total value added 11,514 9,652
Distribution of total value added
To employees in wages, salaries and benefits 2,652 2,523
To government in income and other taxes 701 684
To providers of capital on:
- Interest on borrowings 390 374
- Dividends to shareholders 3,346 2,816
Total distribution 7,090 6,398
Retained in business
Depreciation and amortisation 2,340 2,239
Retained profits 2,105 1,037
Non-controlling interests (21) (22)
4,424 3,254
Total value added 11,514 9,652
Average number of employees 25,614 25,590

Productivity Data

Value Added(S$ million)

2018
11,514
2017
9,652
+1,862

Value Added Per Employee(S$'000)

2018
450
2017
377
+73

Value Added Per Dollar
of Employee Costs(S$)

2018
4.34
2017
3.82
+0.52

Value Added Per Dollar
of Turnover(S$)

2018
0.66
2017
0.58
+0.08