Chart showing direct economic impact Generating value
Anglo American strives to generate lasting benefits everywhere it operates – to create value for Group shareholders, but also for the communities where we operate.
It is through our core business activities – employing people, paying taxes to governments and making payments to our suppliers – that we make our most significant positive contribution to national and local economies.
Our direct economic impact
The value distributed directly by Anglo American in 2011 amounted to $24,809 million. This figure includes $13,809 million paid to suppliers, $4,500 million to our employees through wages and related expenditure, $3,601 million in taxes and royalties to governments, $2,222 million paid to Anglo American and outside shareholders, and $677 million to providers of capital. A further $4,257 million was reinvested in the Group. Approximately 84% of our total supplier, employee and tax spend was in developing countries.
Through the multiplier effect, the positive economic contribution of our operations extend significantly further than these direct forms of value distribution.