Establishment
Defined as a manufacturing unit engaged in one manufacturing activity and generally operating at one location.
Gross Value of Fixed Assets
Refers to the accumulated cost of acquiring the fixed assets.
Manufacturing Output
Refers to the total value of all commodities produced (including by-products) and industrial services rendered during the year.
Materials Used
Cover raw or basic materials, chemicals and packing materials consumed in the production. They refer to the actual usage during the year.
Net Operating Surplus
Obtained by deducting remuneration, depreciation of fixed assets and indirect taxes from value-added.
Net Value of Fixed Assets
Refers to the gross value net of accumulated depreciation.
Other Operating Costs
Include work-given out, utilities, fuel, transportation charges, rental paid for premises, machinery and transport equipment, repair and servicing of building, machinery, and transport equipment, insurance premium on building, machinery and transport equipment, bank service charge, travelling expenses including own vehicles, telecommunication fees (e.g., postage, printing), share of related company's expenses, preliminary/pre-operating expenses, staff training expenses, recruitment expenses, quality control expenses, guarantee/warranty cost, sundry operating expenses, factory requisite (e.g., tools & consumables), uniforms, cargo handling, delivery and container service, harbour charges, wharfage and dockage, festivals and annual functions for staff, laundry services, professional service charges, advertising, promotional and entertainment expenses, commission and agency fees, third party logistics, royalties and other non-deductible GST paid and other operating expenditure for non-manufacturing activities.
Renumeration
Comprises all forms of compensation provided to employees and includes:
- Wages and salaries including commissions, bonuses and overtime pay before deduction of employee's contribution to CPF or any other deductions, as well as paid annual leave and paid sick leave.
- Employer's contribution to CPF and pension funds, but excludes pension and gratuities paid to retired employees.
- Stock options and other share-based payments given to employees as part of their remuneration package.
- Staff benefits such as medical care, meals, housing, transport, and other benefits-in-kind provided to employees by the firm, but excludes retrenchment benefits, entertainment allowances, cost of staff uniforms, and travel, accommodation, and other daily allowances provided in connection with business travel (i.e., per diems).
Sales and Direct Exports
Refer to local sale or exports to other countries of goods manufactured. Resale of goods not manufactured by the establishments is excluded.
Total Output
Refers to the total value of goods and services derived from a production process and ancillary activities such as management or marketing. As such, it includes manufacturing output and other operating income.
Value Added
Refers to total output less materials, work given out and other operating costs.
Workers
Refer to all persons engaged by the establishment including both employees and self-employed. Data generally refer to employment as at 30 June, except where establishments commence operation after June.