Net value added
Net added value increased slightly year over year from 31.6 billion euros to 32 billion euros. This year-on-year increase in net added value is primarily the result of increased payments to lenders, which can primarily be attributed to a reduction in new medium and long-term debt. Please refer to the section on "Financial position of Deutsche Telekom AG" in our current annual report for more information on cash flow from financing activities and details on financial liabilities.
In contrast to the statement of income, the net value added only takes account of real payment flows. That means that deferred tax expenses and the accrual of provisions do not impact the net value added of the reporting period. Although these costs are deducted from net profit in the statement of income, they are not linked to any current payments to stakeholder groups, as is the case with net value added. Outpayments in this respect are scheduled for the future and will only be accounted for in net value added in future years.Reporting against standards
With this KPIG4-EC1 (Direct economic value generated and distributed) GRI indicator., we fully cover the
In 2016 Deutsche Telekom generated Group revenue of 73.1 billion euros, reflecting growth of 3.9 billion euros, a significant increase year on year. The international share of Group revenue rose by 3.4 percentage points to 66.3 percent. Likewise, revenue per employee increased steadily in 2016 to 331,000 euros, translating into a growth rate of 8.2 percent.
Revenue per employee
In the year 2016, revenues per employee increased to EUR 331,000 groupwide – this represents a gain of 8.2 percent. The majority of this increase in revenues per employee can be traced back to outside Germany (+ 11.4 percent). In Germany, revenues per employee increased from around EUR 227,000 to around EUR 229,000.
You can find further information in the HR Factbook by the end of May.