Home / 2019 Sustainability Report / ThaiBev Sustainability Approach
Key Economic Performance
Economic value generated and distributed is defined by Income
(refer to GRI201-1: Revenue), Cost of Sales (refer to GRI201-1:
Operating costs), Employee Benefit Expenses (refer to GRI201-1:
Employee Wages and Benefits), Income Tax Expenses (refer to
GRI201-1: Payments to Government), and Annual Dividend
(refer to GRI201-1: Payments to Provider of Capital).
Employee benefit expenses, which is part of Cost of Sales, was 5,022
million baht during the period of October 2017-September 2018
and was 3,528 million baht during the period of October 2018
to September 2019. The excise tax paid to the government is
also part of Cost of Sales.
Geographic income for the Thai Beverage Group according
to ThaiBev’s financial statements for the period ending 30