In 2018 Ukrnafta paid UAH 15.3 billion of taxes

In 2018 Ukrnafta PJSC paid taxes to the budgets of all levels for the amount of UAH15.3 billion, including UAH1.2 billion as a compensation for overdue tax debt.

Thus, the amount of tax payments for the past year exceeded the corresponding figure in 2017 by 45.7% (UAH 10.5 billion), and in 2016 - by 88.9% (UAH 8.1 billion).

In 2018, the company fully complied with its current tax liabilities, meanwhile repaying overdue tax debt on a regular basis. In general, during the reporting period, Ukrnafta paid UAH1.24 billion of tax debt.

As of 31 December 2018, the overdue tax debt of Ukrnafta amounted to UAH 10.6 billion. This indicator includes overdue debts of the company itself and its structural subdivisions’ ones, as well as the debts on the joint activity, without taking into account the fines and penalties, which are charged at repayment of the debt. Ukrnafta's approach to accounting for tax debt corresponds to the current legislation and is coordinated with the recommendations of an independent external auditor.