| |
2018 |
|
2017 |
|
| |
£’m |
% |
£’m |
% |
| VALUE CREATED |
|
|
|
|
| Revenue |
2 870 |
|
2 749 |
|
| Cost of materials and services |
(1 022) |
|
(1 000) |
|
| Finance income |
9 |
|
7 |
|
| Share of net profit of equity accounted investments |
3 |
|
12 |
|
| |
1 860 |
100.0 |
1 768 |
100.0 |
| DISTRIBUTION OF VALUE |
|
|
|
|
| To employees as remuneration and other benefits |
1 293 |
69.5 |
1 231 |
69.7 |
| Tax and other state and local authority levies (excluding VAT) |
75 |
4.0 |
75 |
4.2 |
| To suppliers of capital |
|
|
|
|
| Non-controlling interests |
18 |
1.0 |
14 |
0.8 |
| Finance cost on borrowed funds |
94 |
5.1 |
74 |
4.2 |
| Distribution to shareholders |
58 |
3.1 |
62 |
3.5 |
| |
1 538 |
82.7 |
1 456 |
82.4 |
| VALUE RETAINED |
|
|
|
|
| To maintain and replace assets |
159 |
8.5 |
154 |
8.7 |
| Income retained for future growth |
163 |
8.8 |
158 |
8.9 |
| |
322 |
17.3 |
312 |
17.6 |
