The family of companies is involved in all stages of the diamond value chain except cutting, polishing and jewellery manufacture. Diamond producer countries, including Botswana, Namibia, South Africa and Tanzania, realise significant contributions to economic and social development goals from taxes and other revenues linked to diamond mining. Joint ventures with governments in Botswana (50%), Namibia (50%) and Tanzania (25%) mean diamond-producing nations also receive dividends arising from ownership. The government of Botswana's 15% stake in De Beers generates additional revenue.
	Further investment in host countries is made through payments to other stakeholders including employees, suppliers and those enterprises benefiting from our investment funds. Innovation and technology transfer add to the national knowledge and skills base. Earnings from diamond beneficiation, which includes valuing, sorting, cutting and polishing, accrue both in diamond-producing countries and in cutting and polishing centres such as India and Belgium. Diamonds are India's highest value export and over one million people are employed in the industry. In 2005, India exported US$11.2 billion worth of cut and polished diamonds.       De Beers in figures 2005 Diamond production across the family of companies was 49 million carats, 4% higher than 2004 DTC sales were US$6 539 million, 15% higher than 2004 Total income was US$7 958 million, 13% higher than 2004 Headline earnings before the class action payment and a deferred tax credit were 4% higher than 2004 Earnings before interest, tax, depreciation and amortisation (EBITDA) were 6% higher than 2004 Financial statements are presented in our Annual Review.