GTSOU transfers UAH 17.6B to state budget in 2024

This is said in a statement published on the company's website, Ukrinform reports.

“In particular, income tax amounted to UAH 4.2 billion and value added tax to UAH 5.9 billion. Other taxes such as (unified social tax, personal income tax and military levy) totaled UAH 1.9 billion. GTSOU’s dividend payment of UAH 5.6 billion marked a historical high for the first time,” the statement says.

It is noted that GTSOU has no overdue accounts payable, and all advance payments to suppliers and contractors are secured by bank guarantees. In addition, GTSOU maintained financial stability and a sufficient level of liquidity over the previous year.

As reported, in order to reduce operating costs for the maintenance of facilities not involved in natural gas transportation, GTSOU switched some compressor shops to a state of temporary simplified conservation (special operating mode) in 2024.