Ferrexpo PLC Report on Payments to Governments (4927C)
28 6월 2016 - 7:33PM
UK Regulatory
TIDMFXPO
RNS Number : 4927C
Ferrexpo PLC
28 June 2016
FERREXPO plc
("Ferrexpo" or the "Company")
Report on Payments to Governments for the year ended 31 December
2015
Ferrexpo today provides information in accordance with DTR 4.3A
in respect of payments made by the Company and its subsidiaries to
governments for the year ended 31 December 2015 and in compliance
with The Reports on Payments to Governments Regulations 2014, as
amended (the Regulations).
Licenses
and Infrastructure
Production Dividends Bonuses concessions improvements
entitlements Taxes paid Royalties paid paid paid paid paid Total (US$'000)
----------- -------------- ------------------- ---------------------- ---------- -------- ------------ --------------- -------------------
Ukraine
----------- -------------- ------------------- ---------------------- ---------- -------- ------------ --------------- -------------------
State
treasury:
State
budget - 6,834 11,182 - - - - 18,016
----------- -------------- ------------------- ---------------------- ---------- -------- ------------ --------------- -------------------
State
treasury:
Regional
budget - 2,853 2,530 - - - - 5,383
----------- -------------- ------------------- ---------------------- ---------- -------- ------------ --------------- -------------------
State
treasury:
Local
budget - 2,607 1 - - - - 2,608
----------- -------------- ------------------- ---------------------- ---------- -------- ------------ --------------- -------------------
Total
Ukraine - 12,294 13,713 - - - - 26,007
----------- -------------- ------------------- ---------------------- ---------- -------- ------------ --------------- -------------------
Grand
Total - 12,294 13,713 - - - - 26,007
----------- -------------- ------------------- ---------------------- ---------- -------- ------------ --------------- -------------------
Basis of preparation:
1. The Company regards payments relating to the Group's mining operations in Ukraine as interconnected projects for the purposes of the Regulations.
2. Taxes paid includes taxes levied on the income, production or
profits of companies but excludes any taxes levied on consumption
such as value added taxes, personal income taxes or sales
taxes.
3. Payments made in currencies other than US Dollars are
translated at the average foreign exchange rate for the relevant
quarter.
This report is available for download at www.ferrexpo.com.
For further information contact:
Ferrexpo:
Ingrid McMahon +44 203 846 1464
Maitland:
James Isola +44 207 379 5151
Notes to Editors:
Ferrexpo is a Swiss headquartered iron ore company with assets
in Ukraine and transport and sales operations throughout the world.
It has been mining and processing high quality iron ore pellets for
the global steel industry for over 35 years. Ferrexpo's resource
base is one of the largest iron ore deposits in the world. The
Group is currently the 3rd largest supplier of pellets to the
global steel industry and the largest producer and exporter of
pellets from the Former Soviet Union. In 2015, it produced 11.7
million tonnes of pellets, a 6% increase compared to 2014 and a
record for the Company. Ferrexpo has a diversified customer base
supplying steel mills in Austria, Germany, Japan, South Korea,
China as well as other European and Asian countries. Ferrexpo is
listed on the main market of the London Stock Exchange under the
ticker FXPO. For further information, please visit
www.ferrexpo.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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