Statement of Added Value
GRI EC1
In 2012, CTEEP`s added value totaled R$ 2,290.8, up 4.3% from 2011. From this total, R$ 275.3 million was distributed to shareholders in the form of dividends and interest on equity, R$ 804.2 million was channeled to the payment of federal, state and municipal taxes, fees and social contributions; R$ 239.9 million was spent on payroll and fringe benefits; R$ 403.3 million was spent on debt service charges; whereas R$ 568.2 million was allocated to retained earnings.
Added Value Breakdown :