XN000022-1993-06-25 — Page 19

17.

FRIDAY, JUNE 25, 1993

IN 1991, SOME 13, 200 ESTABLISHMENTS WERE IN OPERATION IN THE BUSINESS SERVICES INDUSTRY, AN INCREASE OF 18% OVER 1990.

THE INDUSTRY INCLUDES LEGAL, ACCOUNTING, AUDITING, DATA PROCESSING, ADVERTISING AND MARKETING FIRMS AND COMPANIES PROVIDING MISCELLANEOUS BUSINESS SERVICES SUCH AS BUSINESS MANAGEMENT AND CONSULTANCY,

SECRETARIAL,

EMPLOYMENT,

MACHINERY/EQUIPMENT RENTAL SERVICES.

TECHNICAL

AND

TOTAL BUSINESS RECEIPTS GENERATED BY THESE ESTABLISHMENTS AMOUNTED TO $39.1 BILLION, AN INCREASE OF 18% OVER 1990.

THE GROSS SURPLUS OF THE INDUSTRY ACCOUNTED FOR 22% OF THE TOTAL BUSINESS RECEIPTS, AN INCREASE OF 3 PERCENTAGE POINTS OVER THE FIGURE IN 1990.

THE TOTAL OPERATING EXPENDITURE OF THE INDUSTRY (COMPRISING COMPENSATION OF EMPLOYEES, OPERATING EXPENSES AND VALUE OF PURCHASES OF GOODS FOR SALE) ACCOUNTED FOR 78% OF THE TOTAL BUSINESS RECEIPTS. THIS WAS 3 PERCENTAGE POINTS LOWER THAN THE FIGURE IN 1990.

THE INDUSTRY'S VALUE ADDED GREW BY 22% FROM $15.6 BILLION IN 1990 TO $19 BILLION IN 1991. IT CONSTITUTED 49% OF THE TOTAL BUSINESS RECEIPTS. THIS WAS 2 PERCENTAGE POINTS HIGHER THAN THE FIGURE IN 1990.

SOME 420

IN THE COMMUNICATION INDUSTRY, THERE WERE ESTABLISHMENTS IN OPERATION IN 1991, AN INCREASE OF 7% OVER 1990. THESE INCLUDES TELEPHONE, TELEGRAPH, COURIER AND RADIO-PAGING COMPANIES.

TOTAL BUSINESS RECEIPTS GENERATED BY THESE ESTABLISHMENTS AMOUNTED TO $21.4 BILLION, WHICH WAS 22% HIGHER THAN 1990.

THE GROSS SURPLUS OF THE INDUSTRY ACCOUNTED FOR 43% OF THE TOTAL BUSINESS RECEIPTS, AN INCREASE OF 4 PERCENTAGE POINTS OVER THE FIGURE IN 1990.

THE TOTAL

VALUE ADDED OF THESE ESTABLISHMENTS WAS $12.7 BILLION IN 1991, REPRESENTING AN INCREASE OF 23% OVER 1990. IT ACCOUNTED FOR 59% OF THE BUSINESS RECEIPTS AND COMPARED THE SAME WITH THE FIGURE IN 1990.

IN THE INSURANCE INDUSTRY, WHICH INCLUDES GENERAL INSURERS, LIFE INSURERS AND INSURANCE AGENTS, THERE WERE SOME 1900 ESTABLISHMENTS IN OPERATION IN 1991, AN INCREASE OF 14% OVER 1990.

THE INSURANCE INDUSTRY GENERATED $23.9 BILLION OF BUSINESS RECEIPTS IN 1991, AN INCREASE OF 22% OVER 1990.

IN THE FINANCING INDUSTRY, SOME 3,700 ESTABLISHMENTS IN 1991.

OPERATED

THIS INDUSTRY COMPRISES LOAN AND MORTGAGE COMPANIES, CREDIT INSTITUTIONS, FINANCE LEASING, PAWNSHOPS, INVESTMENT AND HOLDING COMPANIES, SECURITIES, FUTURES AND GOLD BULLION BROKERS AND

DEALERS, MONEY CHANGERS AND FOREIGN EXCHANGE BROKERS AND DEALERS.

/THE SURVEY