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StarHub Ltd Annual Report 2015

Sustainable business growth for us In upgrading our infrastructure, we adopt Investing in Research Overview
means relentlessly working toward energy efficient technologies to become and Development
maximising financial returns for our greener in our operations.
shareholders in a manner that has We regularly invest in research and
a positive economic impact on our Our other important contributions to the development projects that promise
stakeholders. local economy include tax payments and new technological breakthroughs,
community investments. reinvigorate our infrastructure, enhance
Our business strategy has resulted in a productivity for customers and empower
consistent and healthy dividend for our StarHub provided 3,131 direct jobs across the community. These projects include
shareholders over the years. the Group as of end December 2015. Big Data Analytics, Mobile applications,
TV White Spaces and telco application
We have continuously invested in Our operating expenditure, including programmable interfaces amongst others. Strategy
upgrading our telecom, wireless staff costs, exceeded $2,048 million
communications and cable TV in 2015, contributing to the national Financial Assistance
infrastructure which is a critical part economic activity. We paid from the Government
of Singapore’s national infocomm $271 million in wages, adding further
infrastructure. value to the local economy. Some of our research and development
programmes received funding support
Our investment in modern infrastructure Supporting Local Suppliers from the government in 2015. Performance
and technologies means millions of
people can connect with confidence Our significant purchases from local We received $64,458 in subsidy for Governance & Sustainability
and businesses can run their operations suppliers contributed to the national employee training in 2015 under various
enjoying world class telecom and economic development through schemes run by the Singapore Workforce
wireless services. supporting jobs and tax opportunities Development Agency.
for the government. In 2015, local
On the jobs front, StarHub continues to suppliers accounted for 83% of our Financial Performance
create and support high quality direct entire supplier base. The share of
and indirect jobs which in turn have a local suppliers was 89% of the total A summary of our economic
positive impact on the local economy purchases in 2015. performance is presented below in
and community. line with the GRI G4 guidelines. These
Investing in Infrastructure figures have been extracted from
Our support for local suppliers in turn the Audited Annual Report approved
supports a large number of indirect We regularly invest in upgrading our by the Board of Directors for the
jobs and contributes to the vibrancy of telecommunications, broadband and respective financial years. Please refer
Singapore’s business landscape. cable TV infrastructure. A major portion to Group Financial Review and Financial
of our $329 million CAPEX was used for Statements sections of this report
infrastructural investments in 2015. for more detailed information on our
financial performance.

Summary of StarHub’s Economic Performance ($m) 2015 2014 2013 Financials
Economic performance indicators 2,444 2,387 2,370
Operating revenue
Net profit 372 371 380
Operating costs (including staff costs) 2,049 1,957 1,946
Staff costs
Dividends paid to shareholders 271 275 277
346 345 344