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21.2 Film industry contribution to GDP, 1995-2012 The direct contribution an industry makes to UK Gross Domestic Product is measured by its gross value added (GVA). ‘Value added’ is industry turnover minus the cost of inputs bought from other industries. The main components of value added are wages and salaries, interest and company profits. Value added is therefore a measure of an industry’s ability to generate income for its workers, company owners and investors. The UK film industry’s GVA in 2012, not including the GVA for video distribution, was £2.9 billion. According to data published by the government in January 2014, the GVA for all UK creative industries in 2012 was £71.4 billion, so film accounted for at least 4% of all creative industries’ value added. For the film industry as a whole (again with the exception of video distribution), production accounted for 58% of the industry’s value added, distribution 25% and exhibition 18%. Also, as with turnover (see section 21.1 above), the value added for film distribution decreased between 2011 and 2012 due to the reclassifications of businesses in the distribution sector. Figure 21.4 UK film industry gross value added, 1995-2012 £ million 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 0 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 224 – BFI Statistical Yearbook 2014 % change 1995–2012 Film and video production (including post – production) 299 663 758 525 805 1,032 514 562 983 1,032 1,035 1,957 1,170 1,342 1,275 1,071 1,497 1,875 527.1 Film and video distribution 522 829 638 784 716 582 689 760 520 841 1,072 1,232 964 1,317 1,517 1,706 1,442 425 -18.6 Film exhibition 135 208 264 260 266 250 354 504 592 592 600 407 403 415 466 483 500 570 322.2 Total 956 1,700 1,660 1,569 1,787 1,864 1,557 1,826 2,095 2,465 2,707 3,596 2,537 3,074 3,258 3,260 3,439 2,870 200.2 Source: Office for National Statistics Annual Business Inquiry and Annual Business Survey Notes: ‘Gross value added’ is expressed in actual values, ie not adjusted for inflation. For 2008 both film distribution and video distribution are suppressed by the ONS as confidential. The figure shown for the sum of the two is the 4-digit class total (5913) minus TV distribution (59133). For 2009, 2011 and 2012, only film is included in the distribution sector as the data for video distribution are confidential. The figures for 2008, 2010 and 2011 have been revised since publication of the 2013 Yearbook.


BFI StatisticalYearBook_2014
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