Economic Performance
Balance with positive data
In 2012, the Campo Limpo System received investments of R$ 8.7 million; 65% of this amount correspond to contributions of associated manufacturers (R$ 56.5 million), and the remaining portion comes from registration fee of partner recycling organizations, admission fee to cover the costs of receiving units, lease of the Campo Limpo Reciclagem e Transformação de Plásticos and revenues from projects, such as those developed to sanitizers/disinfectants for professional use and seed bags.
From the total amount, 67% were allocated to container receiving units, logistics and disposal; 24% to the physical infrastructure, the areas of finance and accounting, human resources and information technology (IT); and 9% to legal, education and communication themes, as well as technological developments and projects.
In 2012, the total revenue generated by inpEV increased to R$ 89.3 million, compared to R$ 83.9 million in 2011, which corresponds to 6.5% increase (see the table below).
Annual increase of value added <EC1>
| Statement of value added | 2010 | 2011 | 2012 |
| 1 – Revenues¹ | 82,257.00 | 83,905.00 | 89,335.00 |
| 2 – Products acquired from third parties | 55,292.00 | 59,951.00 | 67,897.00 |
| 3 – Gross value added | 26,965.00 | 23,954.00 | 21,438.00 |
| 4 – Retentions | 1,764.00 | 2,045.00 | 4,267.00 |
| 5 – Net value added produced | 25,201.00 | 21,909.00 | 17,171.00 |
| 6 – Value added received in transfer | 1,163.00 | 1,534.00 | 1,391.00 |
| 7 – Total value added to be distributed | 26,364.00 | 23,443.00 | 18,562.00 |
¹ Includes reversion of provision, social security regarding the lease and non-operating expenditures.
Distribution of value added¹ <EC1>
| 2010 | 2011 | 2012 | |
| Employees (remuneration, benefits and duties) | - 7,134.00 | - 8,666.00 | - 9,796.00 |
| Government (taxes, fees and contributions) | - 1,823.00 | - 2,107.00 | - 2,530.00 |
| Retained profit/loss in the period | - 17,060.00 | - 12,290.00 | - 5,878.00 |
| Interests and rents (remuneration to capital of third parties) | - 347.00 | - 380.00 | - 358.00 |
| Accumulated economic value (economic value generated – economic value distributed) | - 1,163.00 | - 1,534.00 | - 1,391.00 |
¹ inpEV is a nonprofit non-governmental organization under private law, comprised of a group of non-remunerated associates. For this reason, there is no remuneration to shareholders and direct investments for the society.
For the first time, in 2012, inpEV got to turn the resources generated by the Campo Limpo System into a reduction of R$ 8.5 million in investments made by associated manufacturers – fulfilling the commitment assumed at the General Meeting held in 2011. For 2013, the goal is to increase this value to R$ 13.5 million. <1.2>
Regarding tax aspects, in 2012, savings of R$ 267 thousand were obtained, regarding the collection of Cofins - Contribuição para o Financiamento da Seguridade Social (Social Security Funding Contribution) on the lease paid by Campo Limpo Reciclagem e Transformação de Plásticos to the institute. This gain was possible due to reduced rate used, as a result of a benefit ensured by a law applicable to inpEV.
Another achievement in 2012, in the financial area, was the conclusion of the online validation system for the registration of quantity of containers placed on the market by the associated manufacturers, which replaced the prior method, that is, the manual insertion of data in a printed spreadsheet. This change, to be implemented in 2013, will enable faster operations and increase information safety – such data are also used to define the contribution value from each associate to inpEV –, as the new system also enables electronic validations and approvals, as well as auditing procedures.