Value added contributions
Total value added by Rio Tinto was $12.7 billion in 2005, or 61 per cent of the Group's total turnover. This represents a 68 per cent increase with respect to 2004.
- 18 per cent was payments to employees, 25 per cent taxes and royalty charges, and 46 per cent was reinvested in the business.
- Payments to the providers of capital represented a further 12 per cent, 78 per cent in dividends and 22 per cent in interest payments
- 88 per cent of wages and salaries are paid at the regional level of the operation. A further 11 per cent takes place elsewhere in the country, and only one per cent goes abroad
- In addition to the tax and royalty charges included in the value added calculation, Rio Tinto generates an important income stream to governments through indirect and other taxes such as employee taxes, social security contributions and custom duties.
- Of the full amount of taxes paid in 2005, almost 40 per cent were paid directly to local and regional governments.
In addition, Rio Tinto employed 32,000 people in 2005, most of them at the local level of our operations.
Value Added by Form of Contribution in 2005
Note: ‘Reinvested’ encompasses: Depreciation; Amortisation of discount on provisions; Earniings attributable to outside shareholders, and Retained earnings
Payments to Employees by Geographic Level in 2005
Geographic Distribution of Tax and Royalty Payments in 2005
Tax and Royalty Payments by Region in 2005
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