Sustainability E-Report 2015 English - page 28

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31
DolphinEnergy’s impact
on the economy extends
beyond the valuederived
from its revenue, operating
costs, salaries, wages, and
evenbeyond the value it
creates for its shareholders.
Significant indirect economic
impact is generated
viaDolphinEnergy’s
commitment todeveloping
local markets. This is
accomplished through the
company’s nationalization
efforts, investments in local
communities, developing
regional partnerships, and
collaborationwith local
suppliers and contractors.
The company requires its
contractors tobe registered
locally; however, due to
circumstantial exceptions,
approximately 10%of
spending is allocated to 270
contractors, suppliers, and
serviceproviderswithout a
local presence.
Indirect Economic Impact
Indirect Economic Impact
EmiratizationRates (refer topage 41)
QatarizationRates (refer topage 41)
Percentage of Profits Invested in theCommunity
2008
2009
2010
2011
34%
18%
0.85%
48%
31%
3.50%
45%
27%
1.20%
34%
22%
1.20%
Number ofSuppliers,Contractors, andServicesProviders*
2010
2011
Supplierswith Local Presence - Qatar
Supplierswith Local Presence - UAE
Total Number of Supplierswithout Local Presence
423
270
424
409
383
Total Number of Supplierswithout Local PresencewereNot Reported in 2010
* 2008 and2009 numbers are not available as these indicators have been re-defined and recorded again in 2011
AmountSpent onLocal Suppliers*
2010
2011
Supplierswith Local Presence (millionsUSD) - Qatar
Supplierswith Local Presence (millionsUSD) - UAE
Supplierswithout Local Presence (millionsUSD)
154.0
248.2
Not Reported
193.9
120.4
33.5
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