Economic Value Generated
For 2-2-, Axelum generated an economic value of ₱5.17 billion, equivalent to sales derived from its manufacturing and export operations.
Economic Value Distributed
A total of ₱4.79 billion was earmarked for business activities and payments due to various stakeholders in 2020.
Payments to Suppliers, Employees and Other Operating Costs
Bulk of our economic value, roughly around 88%, was allotted for supplier payments, employee compensation and other operating expenses.
Payments to Stockholders and Creditors
Pertains to the distribution of cash dividends and loan-servicing obligations.
Payments to Government and Various Stakeholders
Refers to taxes remitted to the national government and community development programs.
Economic Value Retained
For 2020, Axelum retained approximately ₱381.3 million to be invested for long-term growth requirements.