| |
Syngentas business creates wealth and social value for shareholders as well
as for broader communities
and economies.
Value creation and profitable growth are essential to offer our shareholders
a competitive rate of return on their investment. However the
value created by our business goes further.
As a company dedicated to excellence in
scientific research, Syngenta makes a substantial contribution
to knowledge and scientific discovery, benefiting not only Syngenta,
but the broader global scientific and agricultural community.
Food chain benefits
Our contributions
to sustainable agriculture start by increasing growers yields
and the quality of their produce and reduce the need for other
farming inputs. They also have a positive impact on the businesses
of distributors, resellers and the entire food supply chain.
In this way, we improve the availability, quality and affordability
of food around the globe.
Value to society
Syngenta provides
broad economic and social benefits to all our stakeholders
through our role as purchaser, employer, taxpayer, researcher
and supplier.
Distribution of wealth can be measured in
a cash value added statement. Value added is calculated as the
difference between income from our customers and payments to
our suppliers.
The cash value
added can be distributed to shareholders, employees, authorities
and other capital providers and society.
In each country with a Syngenta presence,
we contribute to socioeconomic welfare by creating local employment,
paying $1.6 billion in benefits and wages in 2003. We also invest
in employees continuing education through individual development
and training.
| Cash generated 2003 |
$million |
 |
| Growers and other customers |
|
|
| Sales |
6,578 |
|
| NAFTA |
2,247 |
|
| EAME |
2,591 |
|
| LATAM |
829 |
|
| APAC |
911 |
|
| Suppliers |
|
|
| Materials and services |
3,654 |
|
| Raw materials and packaging |
2,365 |
|
| Marketing and promotion |
757 |
|
| Other supplies |
532 |
|
| Total cash generated |
2,924 |
|
| Distribution of cash 2003 |
$million |
|
| Employees |
|
|
| Wages, benefits, pensions |
1,606 |
|
| Authorities |
|
|
| Tax paid |
120 |
|
| Shareholders, other capital providers |
|
| Dividends paid and reduction in net debt |
634 |
|
| Net interest and similar paid |
113 |
|
| Society, communities |
|
|
| Donations (Partial: other voluntary contributions to be reported in 2004) |
4 |
|
| Investment for growth and sustainability |
|
|
| Net investment in fixed assets |
237 |
|
| Other |
210 |
|
| Total cash distributed |
2,924 |
|
|
 |
