Cathay Pacific 2001 Annual Report Download - page 21

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Cathay Pacific Airways Limited Annual Report 2001 19
컄The Group value added reduced by
HK$3,623 million mainly due to the decrease in
revenue.
컄Salaries and other staff costs grew by
HK$147 million to HK$7,629 million.
VALUE ADDED
The following table summarises the distribution of the Group’s value added in 2000 and 2001.
2001 2000
HK$M HK$M
To t al revenue 30,436 34,523
Less: Purchases of goods and services (17,716) (17,429)
Other costs (435) (804)
Value added by the Group 12,285 16,290
Add: Income from unlisted investments 64 42
Surplus on sales of investments 452
-
Share of profits of associated companies 153 245
Total value added available for distribution 12,954 16,577
Applied as follows:
To employees
-
Salaries and other staff costs 7,629 7,482
To government
-
Corporation taxes 171 199
To providers of capital
-
Dividends 1,915 1,585
-
Minority interests 42 86
-
Net finance charges 571 367
Retained for re-investment and future growth
-
Depreciation 3,884 3,438
-
Retained (loss)/profit for the year (1,258) 3,420
Total value added 12,954 16,577
컄Dividends paid increased by HK$330 million
while the amount retained for re-investment and
future growth fell by HK$4,232 million.
FINANCIAL REVIEW