Economic Performance

Woodside’s aim of achieving strong financial performance and broader economic contribution is a cornerstone of our sustainable future.
Information about our 2009 financial performance is available in our 2009 Annual Report.

Our broader economic contributions include our contributions to local, regional, national and international communities and economies through the production and delivery of our products; dividends to shareholders; payment of taxes to governments; direct and indirect employment; and payment to providers of goods and services.

In 2009 Woodside’s total expenditure was A$6.3 billion. Of this amount, about A$3.8 billion was spent in Australia on materials, goods and services purchased; employee payroll and training; and capital and exploration expenditure.

In addition we paid more than A$1.4 billion in royalties, excise and taxes to governments, most of which was paid to the Australian Government. Dividends to the value of approximately A$770 million were paid to shareholders.