Corinth Pipeworks key indicators regarding its financial, environmental and social performance are presented below:
| Economic Growth |
|
2012 |
2013 |
| Net Sales (in thousand Euro) |
|
211,992 |
157,309 |
| Net Profit (in thousand Euro) - before taxes |
|
4,233 |
-3,079 |
| Net Profit (in thousand Euro) - after taxes |
|
3,447 |
-5,611 |
| Total Assets (in thousand Euro) |
|
121,423 |
133,475 |
| Total Capitalization (in thousand Euro) |
Equity |
153,822 |
148,151 |
| Loans |
38,250 |
53,999 |
| Operating Costs (in thousand Euro) |
|
207,320 |
165,237 |
| Payments to Capital Providers (in thousand Euro) |
|
62,620 |
103,570 |
| Total Payments to Governmental Bodies (taxes paid) (in thousand Euro) |
|
1,418 |
2,028 |
| Net Profit per Share (in Euro) |
|
0.0279 |
-0.0452 |
| |
|
|
|
| Human Recourses |
|
2012 |
2013 |
| Number of Employees |
|
400 |
393 |
| Training Man-hours (training x hours) |
|
4,812 |
3,721 |
| Training Cost (in Euro) |
|
71,702 |
41,144 |
| Minor Accidents (that did not result absence from work) |
|
12 |
13 |
| Injuries (that resulted absence from work) |
|
2 |
6 |
| Near Misses* |
|
29 |
30 |
| Absence - Lost Days due to Illness (maternity leave not included)** |
|
92 |
268 |
| Accident Frequency Rate (Accidents with lost work time x 106/ Total man-hours worked) |
|
2.04 |
6.83 |
| Accident Severity Rate (Lost work hours x 103/ Total man-hours worked)** |
|
0.63 |
2.03 |
| Number of Fatalities |
|
0 |
0 |
| Number of Occupational Diseases |
|
0 |
0 |
| |
|
|
|
| Marketplace |
|
2012 |
2013 |
| Payments to Suppliers (in thousand Euro) |
|
189,926 |
150,331 |
| Customer Complaints (number) |
|
0 |
0 |
Note: Figures in brackets in the table above represent negative numbers.
* The apparent increase in near-miss accidents in 2011 simply indicates an increase in reporting of incidents.
** According to Company’s policy the number of lost days are recorded only in the year in which the accident occurred, even if the employee remains off work and the next year. For that reason the 2011 Accident Severity Rate is revised.
| Environment |
|
2012 |
2013 |
| Total thermal Energy Consumption (MWh) |
|
5,345 |
4,840 |
| Total Thermal Energy Consumption (Gj) |
|
19,241 |
17,425 |
| Specific Thermal Energy Consumption (MWh/tn of product) |
|
0.028 |
0.033 |
| Total Electric Energy Consumption (MWh) |
|
26,979 |
21,431 |
| Specific Electric Energy Consumption (MWh/tn of product) |
|
0.139 |
0.146 |
| Direct CO2 Emissions (tn) |
|
1,260 |
1,140 |
| Indirect CO2 Emissions (tn) |
|
23,741 |
17,573 |
| Total CO2 Emissions (tn) |
|
25,001 |
18,713 |
| |
|
|
|
| Society |
|
2012 |
2013 |
| Employees from the Local Community (%) |
|
86.8 |
86.5 |
| Voluntary Employee Blood Donations (units) |
|
66 |
63 |
| Total Sponsorship Amount (Euro) |
|
79,191 |
79,972 |
* The calculated quantity of direct emissions is based on the consumption of the following: production LPG consumption, heating oil consumption and diesel consumption (forklifts and transportation trucks).
0.82 Kg CO2 / KWh rate was used for calculating CO2 emissions in 2013.
0.88 Kg CO2 / KWh rate was used for calculating CO2 emissions in 2012.
0.89 Kg CO2 / KWh rate was used for calculating CO2 emissions in 2011 (revised).
The methodology for calculating emissions is based on the principles established by GHG Protocol of the International World Resources Institute (WRI).