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BUSINESS OVERVIEW
Total Tax Contribution
Aciturri conducted its first Total Tax Contribution (TTC) analysis, which covered all Spanish companies in the group.

In fiscal year 2024, Aciturri conducted its first Total Tax Contribution (TTC) analysis, which covered all Spanish companies in the group. The objective of the analysis is to assess the total impact of the company's tax payments, focusing on the total contribution of taxes paid to various administrations, either directly or indirectly, because of its activity.

The analysis includes taxes paid and collected using the cash basis of accounting. Taxes paid represent an effective cost to Aciturri (e.g., income taxes, social security contributions, and environmental taxes), while taxes collected include those generated by the company's economic activity that do not represent a cost to the company other than the cost of managing them (e.g., income tax withholdings from employees).

Taxes are classified into five broad categories:

  • Income taxes

  • Employment-related taxes

  • Products and services taxes

  • Property taxes

  • Environmental taxes

In fiscal year 2024, the Spanish companies of the Aciturri group contributed more than €75 million to the public finances, of which €35 million (47%) were paid taxes and €40 million (53%) were collected taxes.


1.

Aciturri's TTC amounts to over 75 million euros:

75,300 k€

CTT

53%

Collected Taxes

47%

Paid Taxes

75,300 k€

CTT

53%

Collected Taxes

47%

Paid Taxes

PAID TAXES

k€ (Euros)

TOTAL

CORPORATION TAX

ECONOMIC ACTIVITIES TAX

PROPERTY TAX

SOCIAL INSURANCE

NON-DEDUCTIBLE VAT

RATES

CUSTOMS

ENVIRONMENTAL

INCOME TAXES
3,050
2,594
456
0
0
0
0
0
0
PROPERTY TAXES
301
0
0
301
0
0
0
0
0
EMPLOYMENT-RELATED TAXES
30,594
0
0
0
30,594
0
0
0
0
PRODUCTS AND SERVICES TAXES
880
0
0
0
0
298
42
540
0
ENVIRONMENTAL TAXES
324
0
0
0
0
0
0
0
324
TOTAL
35,148
2,594
456
301
30,594
298
42
540
324

COLLECTED TAXES

K€ (EUROS)

TOTAL

WITHHOLDING TAX ON
INVESTMENT INCOME & NON-RESIDENTS

WITHHOLDING TAX ON
REAL ESTATE INCOME

WITHHOLDING TAX ON
INDIVIDUAL INCOME TAX

SOCIAL SECURITY
WITHHOLDING

VAT

INCOME TAXES
77
1,486
0
0
0
0
PROPERTY TAXES
61
0
61
0
0
0
EMPLOYMENT-RELATED TAXES
24,695
0
0
18,729
5.967
0
PRODUCTS AND SERVICES TAXES
15,318
0
0
0
0
15,318
ENVIRONMENTAL TAXES
-
0
0
0
0
0
TOTAL

40,152

77

61

18,729

5,967

15,318

The main item of taxes paid was employment-related taxes (€30.6 million), followed by income taxes (€3.0 million) and taxes on products and services (€0.9 million). The Spanish companies in the group also paid €0.3 million in property taxes and €0.3 million in environmental taxes in 2024.

Although the taxes collected do not represent a cost to the company, they are generated by its economic activity, which allows the authorities to collect them.

Within the framework of this function as a tax collector associated with its commercial operations and as an employer, the main tax items collected are those related to employment (€24.7 million) and taxes on products and services (€15.3 million).


2.

The tax contribution ratio is 63%

At the end of 2024, the tax contribution through taxes paid by Aciturri's Spanish companies represented a payment of 63 euros in taxes for every 100 euros of profit before taxes.

63%

(35,148,318.35 €)
Total taxes paid

37%

(31,071,261.84 €)
Income after paid taxes

56,219,580.19 €

Income before paid taxes

63%

(35,148,318.35 €)
Total taxes paid

37%

(21,071,261.84 €)
Income after paid taxes

56,219,580.19 €

Income before paid taxes

3.

46% of the value distributed by Aciturri goes to public administrations.

Understanding that the distributed value of a company is made up of the sum of:
  • Interest payments
  • Wages and salaries (net of taxes collected on behalf of employees)
  • Taxes paid
  • Taxes collected
  • Dividends
The distributed fiscal value ratio shows what percentage of a company's generated value has been paid to the Treasury in taxes. In the case of Spanish companies in the Aciturri Group, 46% of the distributed value in 2024 was allocated to these payments.

DISTRIBUTED VALUE RATIO

Interest paid
10,144 K€
Net salaries and wages
77,612 K€
Taxes Paid
46%
21%
35,148 K€
Taxes collected
46%
25%
40,151 K€
Profit
-
-
-
DISTRIBUTED VALUE

-

-

163,057 K€

46%

% (Paid T. + Collected T.) / Distributed V.