14.04.2011, 22:27
DTEK Tax Payments Made UAH 3.5 Billion in 2010
OREANDA-NEWS. April 14, 2011. DTEK increased its tax payments to state budgets of all levels almost by 1.5 times in 2010. The total amount of taxes and duties was UAH 3.5 bln (aprox USD 436.1m).
In 2010, the Ukrainian subsidiaries of DTEK paid taxes and duties to an amount of UAH 3,471,289m (USD 436.1m). That includes VAT of UAH 1,075,322m (USD 135.1m) and charges on the payroll (pension fund, SIFTD[2], unemployment fund, SIFOA [3]) to an amount of UAH1,220,100m (USD 153.3m). All payments were made on time, in full and following the principles of transparent and responsible business conduct. In 2009, DTEK paid UAH 2,047,170m (USD 257.2m) to the state budget.
Yuriy Ryzhenkov, Chief Operating Officer of DTEK, says: ‘DTEK is one of the biggest tax payers in the country. Our increased tax payments in 2010 were to a large extent conditioned by a significant growth of our tax base due to increase in volume of electricity sales as well as favourable price environment, increased coal output and exports operations. We are continuously improving our business processes, enhancing the efficiency and profitability of our companies. In the same time we are striving to keep our tax accounting in line with the best world standards. We understand this generates revenues for the state budget and budgets of local communities where our employees work and live.’
In 2010, the Ukrainian subsidiaries of DTEK paid taxes and duties to an amount of UAH 3,471,289m (USD 436.1m). That includes VAT of UAH 1,075,322m (USD 135.1m) and charges on the payroll (pension fund, SIFTD[2], unemployment fund, SIFOA [3]) to an amount of UAH1,220,100m (USD 153.3m). All payments were made on time, in full and following the principles of transparent and responsible business conduct. In 2009, DTEK paid UAH 2,047,170m (USD 257.2m) to the state budget.
Yuriy Ryzhenkov, Chief Operating Officer of DTEK, says: ‘DTEK is one of the biggest tax payers in the country. Our increased tax payments in 2010 were to a large extent conditioned by a significant growth of our tax base due to increase in volume of electricity sales as well as favourable price environment, increased coal output and exports operations. We are continuously improving our business processes, enhancing the efficiency and profitability of our companies. In the same time we are striving to keep our tax accounting in line with the best world standards. We understand this generates revenues for the state budget and budgets of local communities where our employees work and live.’
Комментарии