Thanks to Nick Evershed and The Guardian for sharing this database of the tax and income details of 1,539 companies with an income of more than $100 million in Australia in the year 2013-14. (The ATO has explained here why a company might not have to pay tax.)
The database may prove useful for those who would like to see the public health lobby shift its focus beyond lifestyle and behavioural factors to the economic and structural determinants of health. It is also interesting to see which companies are making big dollars in the health sector.
Below are the details of health and medical companies, and beneath those are the details of companies likely to be on the radar of the public health crowd. (These lists may not be comprehensive; I have extracted only those that I recognise as having a health connection, and may have missed others. Please feel free to point out any omissions…)
Health and medical-related companies
MEDIBANK PRIVATE LIMITED
Total income 6,462,578,665
Taxable income 364,303,121
Tax payable 94,375,913
Tax as % of taxable income 25.91
BUPA AUSTRALIA HEALTHCARE HOLDINGS PTY LIMITED
Total income 6,075,403,068
Taxable income 283,970,972
Tax payable 80,174,661
Tax as % of taxable income 28.23
EBOS HEALTHCARE (AUSTRALIA) PTY LIMITED
Total income 4,119,781,166
Taxable income 93,829,564
Tax payable 28,148,869
Tax as % of taxable income 30.00
RAMSAY HEALTH CARE LIMITED
Total income 3,739,807,414
Taxable income 460,384,883
Tax payable 136,545,637
Tax as % of taxable income 29.66
AUSTRALIAN PHARMACEUTICAL INDUSTRIES LIMITED
Total income 3,322,342,844
Taxable income 0
Tax payable 0
Tax as % of taxable income 0.00
SIGMA PHARMACEUTICALS LIMITED
Total income 3,026,585,909
Taxable income 53,871,106
Tax payable 13,016,396
Tax as % of taxable income 24.16
HEALTHSCOPE LIMITED
Total income 2,121,695,242
Taxable income 0
Tax payable 0
Tax as % of taxable income 0.00
CSL LIMITED
Total income 2,105,981,013
Taxable income 160,202,586
Tax payable 0
Tax as % of taxable income 0
SONIC HEALTHCARE LIMITED
Total income 1,876,470,023
Taxable income 213,613,557
Tax payable 47,467,029
Tax as % of taxable income 22.22
GLAXOSMITHKLINE HOLDINGS PTY LTD
Total income 1,467,076,449
Taxable income 57,973,641
Tax payable 11,932,592
Tax as % of taxable income 20.58
PRIMARY HEALTH CARE LIMITED
Total income 1,547,349,619
Taxable income 238,525,546
Tax payable 65,702,737
Tax as % of taxable income 27.55
RESMED HOLDINGS LIMITED
Total income 1,311,489,332
Taxable income 250,445,227
Tax payable 33,820,388
Tax as % of taxable income 13.50
NOVARTIS AUSTRALIA PTY LIMITED
Total income 1,191,832,345
Taxable income 82,502,901
Tax payable 12,002,134
Tax as % of taxable income 14.55
PFIZER AUSTRALIA HOLDINGS PTY LIMITED
Total income 1,005,699,589
Taxable income 47,734,132
Tax payable 14,320,240
Tax as % of taxable income 30.00
SANOFI-AVENTIS AUSTRALIA PTY LTD
Total income 880,768,273
Taxable income 44,909,034
Tax payable 3,419,423
Tax as % of taxable income 7.61
MERCK SHARP & DOHME (HOLDINGS) PTY LTD
Total income 870,022,159
Taxable income 67,178,856
Tax payable 14,690,434
Tax as % of taxable income 21.87
RECKITT BENCKISER HEALTHCARE AUSTRALIA PTY LTD
Total income 739,599,507
Taxable income 48,595,267
Tax payable 14,578,580
Tax as % of taxable income 30.00
COCHLEAR LIMITED
Total income 649,330,851
Taxable income 171,357,997
Tax payable 10,679,365
Tax as % of taxable income 6.23
ROCHE PRODUCTS PTY LIMITED
Total income 642,943,000
Taxable income 62,960,957
Tax payable 7,075,541
Tax as % of taxable income 11.24
MEDTRONIC AUSTRALASIA PTY LIMITED
Total income 517,194,152
Taxable income 16,271,982
Tax payable 4,881,595
Tax as % of taxable income 30.00
I-MED HOLDINGS
Total income 406,379,885
Taxable income 32,511,131
Tax payable 6,807,596
Tax as % of taxable income 20.94
ABBOTT AUSTRALASIA PTY LIMITED
Total income 400,530,322
Taxable income 24,939,732
Tax payable 7,481,920
Tax as % of taxable income 30.00
BOEHRINGER INGELHEIM PTY LIMITED
Total income 396,003,110
Taxable income 24,581,184
Tax payable 4,784,789
Tax as % of taxable income 19.47
ANSELL LIMITED
Total income 330,356,539
Taxable income 7,532,585
Tax payable 0
Tax as % of taxable income 00.0
BLACKMORES LIMITED
Total income 310,204,310
Taxable income 48,090,350
Tax payable 7,365,959
Tax as % of taxable income 15.32
GE HEALTHCARE AUSTRALIA PTY LIMITED
Total income 305,063,099
Taxable income 10,731,671
Tax payable 3,219,501
Tax as % of taxable income 30.00
AMGEN AUSTRALIA PTY LIMITED
Total income 297,131,974
Taxable income 21,066,081
Tax payable 6,319,824
Tax as % of taxable income 30.00
ELI LILLY AUSTRALIA PTY LIMITED
Total income 293,625,631
Taxable income 25,424,127
Tax payable 4,540,257
Tax as % of taxable income 17.86
ROCHE DIAGNOSTICS AUSTRALIA PTY LTD
Total income 256,015,473
Taxable income 20,407,879
Tax payable 6,122,364
Tax as % of taxable income 30.00
REED ELSEVIER AUSTRALIA PTY LTD
Total income 251,973,802
Taxable income 53,446,781
Tax payable 16,033,162
Tax as % of taxable income 30.00
BRISTOL-MYERS SQUIBB AUSTRALIA PTY LTD
Total income 224,186,000
Taxable income 22,689,051
Tax payable 1,067,214
Tax as % of taxable income 4.70
PFIZER AUSTRALIA INVESTMENTS PTY LIMITED
Total income 208,029,421
Taxable income 21,834,533
Tax payable 6,550,360
Tax as % of taxable income 30.00
NOVO NORDISK PHARMACEUTICALS PTY LTD
Total income 204,167,840
Taxable income 9,605,715
Tax payable 908,880
Tax as % of taxable income 9.46
ST JUDE MEDICAL AUSTRALIA
Total income 164,005,682
Taxable income 8,829,007
Tax payable 2,648,702
Tax as % of taxable income 30.00
BECTON DICKINSON PTY LIMITED
Total income 157,701,214
Taxable income 9,547,314
Tax payable 2,864,194
Tax as % of taxable income 30.00
FRESENIUS MEDICAL CARE AUSTRALIA
Total income 148,026,626
Taxable income 13,671,749
Tax payable 4,101,525
Tax as % of taxable income 30.00
METAGENICS AUSTRALIA
Total income 123,876,098
Taxable income 20,804,361
Tax payable 4,963,136
Tax as % of taxable income 23.86
VISION EYE INSTITUTE LTD
Total income 113,326,088
Taxable income 19,766,209
Tax payable 5,929,863
Tax as % of taxable income 30.00
***
Companies on the public health radar
BRITISH AMERICAN TOBACCO (AUSTRALASIA HOLDINGS) PTY LIMITED
Total income 4,602,509,190
Taxable income 1,029,595,847
Tax payable 307,308,440
Tax as % of taxable income 29.85
COCA-COLA AMATIL LIMITED
Total income 3,782,532,580
Taxable income 438,490,851
Tax payable 123,210,301
Tax as % of taxable income 28.10
PHILIP MORRIS (AUSTRALIA) LIMITED
Total income 3,247,603,423
Taxable income 746,082,938
Tax payable 223,824,881
Tax as % of taxable income 30.00
CROWN RESORTS LIMITED
Total income 3,219,665,055
Taxable income 299,819,647
Tax payable 88,778,659
Tax as % of taxable income 29.61
NESTLE AUSTRALIA LIMITED
Total income 2,215,656,411
Taxable income 286,786,424
Tax payable 71,926,927
Tax as % of taxable income 25.08
IMPERIAL TOBACCO AUSTRALIA LIMITED
Total income 656,294,085
Taxable income 31,606,370
Tax payable 9,481,911
Tax as % of taxable income 30.00
RED BULL AUSTRALIA PTY LTD
Total income 194,379,306
Taxable income 12,345,013
Tax payable 3,703,504
Tax as % of taxable income 30.00
COCA-COLA SOUTH PACIFIC PTY LIMITED
Total income 154,026,741
Taxable income 16,437,355
Tax payable 4,931,206
Tax as % of taxable income 30.00
• See The Guardian for further reading and context on the ATO release.
