Prosperity Employment wealth and generation prosperity We build brands and products Employment accounts and consolidated group 2022 resulted in supply chain delays 39 and the invasion of Ukraine by Russia with a social purpose. We work We seek to attract, retain, motivate 昀椀nancial statements. We also annually to create long-term value to and reward our people by establishing report our total corporate taxes paid resulted in us pausing our trading in society through employment, and maintaining a suitable, competitive and payable across the whole Pentland Russia. We worked to swiftly and 昀椀nancial investment, product salary and bene昀椀t programme, while Group on a country-by-country basis smoothly mitigate these risks. More innovation and taxes. This remaining mindful of our 昀椀nancial to relevant tax authorities. Our economic information on these risks can be section covers the Sustainable responsibility to our shareholders. contribution in respect of taxation seen on page 17. Development Goals 8, 9 and 10 covers business taxes, indirect taxes and the WEF Metric ‘Prosperity’. To help our people with the cost of living including VAT, goods and services taxes crisis, we applied an enhanced in-year and customs duties and employment salary increase for our lower earners taxes. Pentland Brands was cash (applied from July 2022) and a further generative in FY2022 for the year at annual salary increase for all employees £39.6 million year to date (excluding from 2023, bringing forward the Speedo North America). application from April 2023 to January 2023. Government economic contribution We received UK Government funding for In line with our positive business two new job placements via the Kickstart Scheme (as of April 2022), designed for principles, we have a salary sacri昀椀ce that allows senior employees in the UK to young people receiving Universal Credit. lease fully electric cars. More information can be found on page 30. Indirect economic impacts Supply chain delays, the Ukraine Economic contribution invasion and the cost of living crisis all We report corporation tax payable impacted our retail operations in 2022. in the UK and overseas in our entity Lockdowns in China in the 昀椀rst quarter of
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