Creating Value Beyond Profit
Economic Value Generated
For 2021, Axelum generated an economic value of ₱6.4 billion, equivalent to sales derived from its manufacturing and export operations.
Economic Value Distributed
Approximately ₱5.8 billion was disbursed for business operations and payments due to various stakeholders in 2021.
Payments to Suppliers, Employees and Other Operating Costs
Bulk of our economic value, equivalent to 96%, was allotted for supplier payments, employee compensation and other operating expenses.
Payments to Stockholders and Creditors
For 2021, Axelum’s total loan interest charges amounted to ₱34 million.
Payments to Government and Various Stakeholders
A total of ₱187 million was allocated for government tax payments and to fund social development campaigns in 2021.
Economic Value Retained
For 2021, Axelum retained approximately ₱596 million for reinvestment to support long-term expansion.