Economic and community impact
Economic Impact
Each year our business12 in Great Britain contributes to the local economy – we pay taxes, provide employment, work with local suppliers and invest in the communities in which we operate.
Of the economic value we create and reinvest in the local community, over 50% is directed to local suppliers of raw materials, packaging and other goods and services, emphasising the importance of our suppliers to our business as well as the role we play in supporting and sustaining jobs across the supply chain. Investment in our employees, via salaries, pension contributions and other employee benefits represents just over 18%, with 22% being returned to Government in the form of taxation.
Distribution of cash value by recipient
Suppliers (50.2%)
Including the purchase of energy, raw materials, packaging, ingredients and other goods and services. 75% of our suppliers are based in Great Britain.
National and local government taxes (22%)
Including Corporation Tax, National Insurance and VAT as well as our contractual obligations.
Employees (18.5%)
Including money paid in the form of compensation, pension contributions and other employee benefits.
Capital investment (7.7%)
Investment in major capital projects during 2006 including the introduction of the aseptic line at Sidcup and the Edmonton ASRS high-rise warehouse.
Creditors and lenders (1.6%)
Including financial charges and interest payments.
Community investment (0.2%)
Investment in activities in the local communities in which we operate, including our three Education Centres, the Minute Maid Schools’ Cup and numerous local community sponsorships and charitable donations such as the East Kilbride Diet Coke Half Marathon and our support for Special Olympics Great Britain.
12 Figures represented relate to Coca-Cola Enterprises Ltd only
