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In 2007, the value of our social investment increased slightly. While the amount we have donated over the last three years has remained roughly constant, the percentage of profits this represents has decreased as HP has become more profitable. However, during this period HP contributed $45 million to the HP Company Foundation, representing the largest level of funding since the inception of the Foundation in 1979.
Social investment, 2005-20071
[Million $U.S.]
| |
2005 |
2006 |
2007 |
| Overall |
| Total |
$45.3 |
$45.6 |
$47.1 |
| Percentage of pre-tax profits |
1.3% |
0.63% |
0.51% |
| Type |
| Cash |
$18.0 |
$17.5 |
$20.6 |
| Products
and services2 |
$27.3 |
$28.1 |
$26.5 |
| Social investment by region3 [million $U.S.] |
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United States |
$30.3 |
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Americas (not including the United States) |
$5.0 |
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Europe, Middle East and Africa |
$7.2 |
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Asia Pacific and Japan |
$4.5 |
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1Data excludes contributions to the HP Company Foundation and employee donations but includes HP’s match contributions.
2 Product donations are valued at the Internet list price. This is the price a customer would have paid to purchase the equipment through the HP direct sales channel on the Internet at the time the grant was processed.
3 Subtotals do not add up to total noted above due to rounding.
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