REUTERS
National oil and gas holding Naftogaz of Ukraine in 2017 paid UAH 106 billion (US$3.8 billion) in taxes and dividends to the national budget, which was almost 1.5 times more year-over-year (y-o-y), according to the company's website.
"As of December 29, 2017, Naftogaz paid UAH 106 billion of taxes and dividends to the state budget in 2017. This includes UAH 14.3 billion [$509.4 million] in corporate tax, UAH 30.2 billion [$1.1 billion] in VAT, UAH 33.9 billion [$1.2 billion] in royalties, and UAH 13.3 billion [$473.8 million] in dividends," it said.
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As UNIAN reported earlier, Naftogaz in the nine months of 2017 increased its net profit by 20%, to UAH 30.6 billion ($1.1 billion).
The company received UAH 26.5 billion ($944 million) in net profit in 2016 against UAH 27.7 billion ($988 million) in net loss in 2015.
UNIAN memo. NJSC Naftogaz of Ukraine is the largest state-run vertically integrated oil and gas holding whose subsidiaries account for about 90% of oil and gas production in Ukraine. Naftogaz develops oil and gas fields, produces crude oil and natural gas. Its core business is also transportation and trade in fuel through its own network of filling stations.