Home 
Management Report Results of Operations, Financial Position, Assets and Liabilities Results of Operations
Management Report Results of Operations, Financial Position, Assets and Liabilities Results of Operations 
Page 5 of 5
Value added
The value added statement shows Fresenius’ total output in 2007 less purchased goods and services and less depreciation and amortization. The value added of the Fresenius Group was € 5,754 million in 2007 (2006: € 5,336 million). This is an increase of 8%. The distribution statement shows that, at € 4,052 million or 71%, the largest portion of our value added went to our employees. Governments and lenders came next with € 541 million and € 368 million, or 9% and 6%, respectively. Shareholders received € 103 million and minority interest € 383 million. The Company retained € 307 million for reinvestment.
