  "Direct economic value generated and distributed ($m)"

"Refer to AGL's Annual and Financial reports for a full description of financial performance during FY2016."

Parameter,,FY2013,FY2014,FY2015,FY2016
"Direct economic value generated",Revenue,"$9,716","$10,445","$10,678","$11,150"
,"Other income",$-,$-,$-,$25
,"Total revenue","$9,716","$10,445","$10,678","$11,175"
"Economic value distributed","Cost of goods, services, materials and other external costs","-$8,219","-$8,687","-$9,178","-$10,410"
,"Wages, salaries and benefits to employees",-$508,-$428,-$546,-$576
,"Dividends to shareholders",-$340,-$351,-$387,-$446
,"Net interest paid on borrowings",-$204,-$219,-$230,-$218
,"Receipts from /(payments to) governments including income tax",-$70,-$190,-$119,$67
,"Total economic value distributed","-$9,341","-$9,875","-$10,460","-$11,583"
"Economic value retained","Movement in retained earnings",$375,$570,$218,-$408

Notes
"AGL has restated the result for FY2013 to reflect the adoption of the revised accounting standard, AASB 119 Employee Benefits. "
"As announced to the market on 22 January 2015, the Distribution Use of System (DUOS) costs in South Australia and Queensland have been restated for FY2014. The result of this is a grossing up of revenue and cost of sales in the Energy Markets segment for both States. "
"Payments to governments primarily comprise income taxes which are disclosed above. Other payments to governments (such as employment taxes) are included in cost of goods and wages and salaries amounts included above."
"Income tax payments include both current and deferred tax expense as deferred tax expense relates to timing differences expected to be paid. "
"GRI Reference: G4-EC1"

