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value added
Value added is the increment to the value of commodities and services contributed by the manufacturing establishment. Value added is derived as the difference between value of gross output and intermediate input.
Source : Manufacturing
Source Detail : Economic Census, Manufacturing,2016
value of fixed assets
Fixed assets cover all goods, new or used, tangible or intangible, which have a normal economic life span of more than one year (e.g. land, building, machinery and equipment, including transport equipment). The value reported is as at the end of the reference year and is according to the books of accounts of the reporting unit. It includes additions during the year and excludes assets disposed off during the year. It is net of depreciation.
Source : Manufacturing
Source Detail : Economic Census
value of gross output
Value of gross output is calculated from the following items :
Value of sales of manufactured products
+ plus Value of goods sold in the same condition as purchased
- minus Cost of goods sold in the same condition as purchased + plus Capital expenditure on own construction + plus Income from industrial services rendered to others + plus Income from other industrial work done (e.g. construction, quarry, etc.)
+ plus Receipt from scrap, electricity, waste product, etc. sold to others
+ plus Receipt from commission and brokerage earned
+ plus All other output (such as receipt from non-industrial
services, e.g. management fees received, income from
rental of property, etc.)
+ plus Closing stocks of finished goods (own manufactured)
- minus Opening stocks of finished goods (own manufactured)
+ plus Closing stocks of goods-in-process
- minus Opening stocks of goods-in-process
Source : Manufacturing
Source Detail : Economic Census
value of intermediate input
The cost of intermediate input is in current purchaser’s price and is defined to include the following elements:
Value of materials and supplies consumed
+ Cost of industrial work done by others;
+ Electricity and water purchased;
+ Value of fuels, lubricants and gas consumed;
+ Cost of materials used for repairs and maintenance of assets (including payments to others for this work);
+ Payment for non-industrial services including cost of carriage outwards, management, legal services, in formation technology, advertising, legal fees, postage, etc.); and
+ All other input costs (including training and value of the free wearing apparel provided for the workers).
Source : Construction
Source Detail : Report On Survey Of Construction Industries Malaysia
value of materials consumed
Value of materials consumed is the cost of the materials delivered to the establishment and is inclusive of transport, cost of insurance, value of packaging materials charged for, and all taxes, duties and levies paid on the goods. It excludes discounts or rebates allowed to the purchaser and returns such as the value of packing materials returned to suppliers.
Source : Manufacturing
Source Detail : Economic Census
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