Economic

Economic performance

G4-EC1

Direct economic value generated and distributed

For detailed financial information, see the consolidated financial statements.

TeliaSonera provides network access and telecommunications services to our customers, we buy equipment related to building, developing and maintaining our networks and IT systems, and we purchase mobile handsets and other consumer electronics from our suppliers. We pay salaries, dividends and taxes that benefit our employees, local communities and national economies. These actions all generate monetary flows affecting TeliaSonera’s stakeholders. For more information, see Our Company, section "How we create value."

Tax is an important sustainability issue, with high expectations from stakeholders on transparency. TeliaSonera is a responsible tax payer, paying the amount of taxes legally due in any territory, in accordance with local legislation and international accepted principles. In many of our markets we are one of the largest corporate tax payer and we promote the importance of transparency and fair, ethical tax practices. The table below lays out corporate income tax payments by country.

Income taxes paid

SEK in millions

2015

2014

2013

Sweden

220

906

942

Finland

0

-2

0

Norway

264

159

187

Denmark

0

0

1

Lithuania

37

30

38

Latvia

23

28

22

Estonia

91

101

94

Russia

82

100

105

Turkey

438

0

0

Other countries1

68

193

67

Total, continued operations

1,223

1,515

1,456

Kazakhstan

685

649

651

Azerbaijan

410

359

370

Uzbekistan

6

12

9

Tajikistan

136

123

93

Georgia

0

24

40

Moldova

0

0

3

Nepal

661

492

379

Other countries2

45

4

50

Total, discontinued operations

1,943

1,663

1,595

Total

3,166

3,178

3,051

1 Yoigo in Spain and TeliaSonera International Carrier outside above countries.

2 3 countries.


Omission: we are unable to accurately report value generated and distributed for all stakeholder groups. As we gain a better understanding of the financial and social impact of our services we aim to improve this reporting.


G4-EC2

Financial implications and other risks and opportunities due to climate change

See Directors' Report, section "Risks and uncertainties." For additional information, see our Carbon Disclosure Project Climate Change Response at www.cdp.net.

 

Indirect economic impacts

G4-EC8

Significant indirect economic impacts

See Our Company, section "How we create value."

Omission: we are unable to accurately quantify or report on our indirect economic impacts.

© TeliaSonera 2015
In the event of any differences between this online version of the Annual and sustainability report and the printed version, the printed version shall prevail.