Investor Relations - 27.06.2018

Consolidated Report on payments to governments (pursuant to article 6 of L 3556/2007, as applicable)

Αnnouncement  


PPC S.A., pursuant to the provisions of article 6 of L 3556/2007, as applicable, informs the investor community that due to its mining activity in lignite fields, its expenses that were recorded for the fiscal year ending on 31.12.2017 amounted to 64.2 mln euros, on a consolidated basis, out of which 57.9 mln euros were paid within 2017 to Central Government Bodies, Regional and Local Government Authorities, as well as to Legal Entities governed by private law, which are 100% owned by the State.
The abovementioned amounts break down as follows:
- 32.8 mln for the Special Lignite Levy (€ 2/ΜWh), out of which 17 mln euros were paid within 2017. Moreover, 13.4 mln were paid in 2017 which concerned previous fiscal years.
-24.2 mln expense for the Special Levy for the Development of Industrial Areas where electricity is generated from Lignite Power Plants, which was not paid in 2017.
Within 2017, 20 mln were paid for the Special Levy for the Development of Industrial Areas where electricity is generated from Lignite power plants and which concerned 2013.
- € 6.8 mln expense for archaeological excavations, out of which € 6.2 mln were paid in 2017. Moreover, 0.9 mln, which concerned previous fiscal years, were paid in 2017.
- € 0.4 mln expense for other Taxes & Duties, which was paid in full in 2017.

Athens, June 27, 2018

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