The scale and scope of our operations make our company also a significant payer of contributions, fees and taxes to the national and local governments. These funds go to both the central and local government budgets and are then used for projects and activities to improve the lives of Poles, e.g. investments in infrastructure, education or the safety of citizens.
The input-output model (Leontief model) was used to analyze the economic impact of PSE activities. By using it, the impact of PSE's activities was calculated in three categories:
- Generated added value
For each of the categories listed, the impact of PSE was shown in three dimensions:
- Direct effect – resulting from PSE's core business
- Indirect effect – generated among suppliers and entities from related industries
- Induced effect – further growth generated due to household revenue growth
In this year's report, similarly to the previous year, in addition to the impact of operations, the impact of capital expenditures (CAPEX) was calculated. Investment demand is the component of final demand in the economy that provides the momentum for global output. Using Leontief's model, input-output multipliers were calculated to show how an increase in final demand translates into an increase in global output.