Ferrexpo paid over UAH 1.9 billion in taxes in 2023

In 2023, Ferrexpo's enterprises, namely Poltava, Yeristovo and Bilanovo GOKs, paid over UAH 1.93 billion in taxes and fees to the budgets of various levels. These contributions have significantly supported the financial stability of both local and national budgets of Ukraine.

In terms of payments, Poltava Mining (Ferrexpo Poltava Mining, FPM) paid UAH 1.2 billion to the Ukrainian budget. Ferrexpo Yeristovo Mining (FYM) paid over UAH 722.7 million, and Ferrexpo Belanovo Mining (FBM) paid over UAH 67.8 million. These contributions demonstrate Ferrexpo's significant contribution to the development of Ukraine's economy.

Specifically, Poltava Mining paid UAH 284 million to the local budget, over UAH 164 million to the regional budget, and over UAH 425 million to the national budget. The company's total social contribution amounted to over UAH 265 million. This emphasizes the company's significant social impact on the region.

Yerystovsky GOK transferred over UAH 112 million to the local budget, over UAH 64 million to the regional budget, and over UAH 433 million to the state budget. The company's total social contribution is over UAH 111 million. Thus, Ferrexpo actively supports social programs and projects.

Bilanivsky GOK paid more than UAH 57 million to the local budget, more than UAH 1 million to the regional budget, and more than UAH 4 million to the state budget. The company's single social contribution amounted to over UAH 3 million. This demonstrates the importance of even the smallest enterprises in Ferrexpo's structure.

In 2023, Poltava Mining also paid environmental tax of over UAH 41 million, land tax of over UAH 104 million, personal income tax of over UAH 232 million, and other taxes and fees of over UAH 31 million. Subsoil use fees amounted to over UAH 463 million. This emphasizes the company's comprehensive approach to meeting its financial obligations.

During this period, Yeristovo GOK paid over UAH 253 million in income tax, over UAH 22 million in environmental tax, over UAH 96 million in personal income tax, and over UAH 190 million in other taxes and fees. Land payments amounted to over UAH 49 million. In 2023, Bilanivsky GOK made the main budgetary contributions: land payment of over UAH 51 million, personal income tax of over UAH 10 million and other taxes and fees of UAH 1 million.