Contribution to Society

The economic value distributed by Abengoa is further increased by the payment of taxes and social security contributions, along with voluntary contributions to social and cultural projects.

Taxes represent an important part of the economic contribution that Abengoa makes to society. This indicator varies and depends on the different applicable legal systems and the evolution of profits.

Of the total taxes paid out in 2008, 46.8% correspond to tax deductions at source and direct deposits on the personal taxation of employees, which are made by the different companies and paid to the Tax Authorities.

Moreover, 24% of the total corresponds to taxes on profits, with 21.2% relating to other taxes, charges and levies, mainly from taxes that have been paid in Brazil.

Development and Impact of Investments in Infrastructures and Services rendered