Economic value generated and distributed

Ansaldo STS recognises the importance of balancing the distribution of value generated by its activities to stakeholders who have directly or indirectly contributed to its creation.

By analysing distributed economic value, Ansaldo STS studies the flow of resources directed towards its employees, suppliers, service providers, lenders, public authorities and the communities in which it operates.


(figures in EUR/000)20172016
Economic value generated 1,414,318 1,362,831
Revenue 1,360,967 1,327,386
Other revenue 24,567 18,659
Financial income 28,784 16,786
Economic value distributed  1,325,922 1,297,730
Operating costs (procurement, services and investments) 913,115 849,608
Employee remuneration 334,220 332,338
Shareholder remuneration  0 36,000
Lender remuneration  40,315 37,466
Public administration remuneration  37,408 41,579
Donations and sponsorships 864 739
Economic value invested into the business 88,396 65,101
Depreciation, amortisation, impairment losses and adjustments 23,528 23,198
Self-financing 64,868 41,903


The value generated by the Group in 2017 amounts to approximately EUR 1.41 billion (+3.8% compared to 2016), while the value invested by the Company - mainly consisting of self-financing, amortisation, depreciation, impairment losses and accruals to provisions for risks - is EUR 88.4 million (+35.8%).

Almost EUR 1.33 billion (+2.2% compared to 2016) was distributed and divided among the following stakeholders as shown below:

  • the largest amount, EUR 913.1 million, relates to costs incurred to purchase materials (suppliers), services (contractors and subcontractors) and other goods;
  • approximately EUR 334.2 million was distributed to employees, mainly for wages, salaries, social security and pension contributions and defined contribution plans;
  • approximately EUR 40.3 million relates to lenders for interest and commissions, financial expense and operating exchange rate differences;
  • EUR 37.4 million was paid to the tax authorities and other local bodies for direct and indirect taxes;
  • EUR 0.86 million went to the community in the form of gifts, donations and sponsorships (with or without publicity).