Ukraine would receive income of $15 billion in five years of transit of Russian natural gas, according to Minister of Energy and Environment Protection of Ukraine Oleksiy Orzhel. “The approximate income with which Ukraine left this meeting [the meeting in Minsk on December 20, following which Ukraine-Russia-EC signed an intergovernmental protocol], is more than $3 billion for arbitration and approximately $3 billion for transit each year during five years,” the minister wrote in his column for the Ekonomichna Pravda (Economic Truth) publication on Tuesday.
“Thus, in five-year outlook, we will receive about $18 billion, of which $3 billion is ‘natural’ money – before the New Year. And this is without any enslaving conditions regarding the purchase of Russian gas,” Orzhel said.
At the same time, he said that at the meeting in Minsk the parties made significant progress, however, at present, the risk of not signing the new contract still exists.
“The protocol is not an agreement yet. In the last week of December, our companies will draft the text. But until the agreement itself has been signed, there is no transit. Can the other side change its mind at the last moment? Yes. Are we ready for this? Yes. But if this happens, Gazprom will suffer all image losses,” the minister added.
One taxpayer declared over UAH 1 billion of income in Ukraine in 2018 and 4,810 taxpayers declared income over UAH 1 million last year, the State Fiscal Service reported on Monday. The youngest millionaire is seven years old and the oldest – 99, the authority said.
“The largest number of millionaires who submitted declarations is registered in Kyiv. Their number is 2,184 or 45% of the total number of millionaires,” the fiscal service said. The authority said that among leaders are Kyiv region with 333 people, Kharkiv region with 328 and Dnipropetrovsk region with 303.
PrJSC Ukraine International Airlines (UIA, Kyiv), the leading air carrier of the country, in 2017 increased net income by 24%, or UAH 4.273 billion, to UAH 22.103 billion, according to a company annual report in the information disclosure system of the National Securities and Stock Market Commission. According to him, net loss coincided with the earlier announced preliminary indicator of UAH 304.51 million against UAH 387.89 million net profit in 2016.
Gross profit last year fell by 9.7%, to UAH 1.699 billion, while operating loss amounted to UAH 638.09 million against an operating profit of UAH 31.21 million a year earlier. The report reads that last year the cost of fixed assets rose by 28.8%, to UAH 21.2 billion, in particular leased assets by 28.6%, to UAH 20.46 billion. The value of its net assets slightly decreased from “minus” UAH 2.26 billion to “minus” UAH 2.54 billion. Total liabilities at the end of last year amounted to UAH 954.4 million, including two bank loans for UAH 607.8 million with maturity in 2016 and free cash in the amount of UAH 260.9 million, declining by 14.6% over the year.
According to the report, Cypriot-based Ontobet Promotions Limited owns 25.8373% of the company shares, but the same company through the “connection” scheme with the participation of Capital Investment Project and Investment Projects Management (both based at the same address in Kyiv) controls the remaining 74.1627%.
Ukrainian Prime Minister Volodymyr Groysman has submitted the income tax declaration for electronic filing for 2017, which in total came to over UAH 17.1 million. The department of the information and public relations of the Secretariat of the Cabinet of Ministers, total income of Groysman for 2017 was UAH 17.102 million (UAH 15.802 million in 2016).
The following income was declared: salary on the post of the prime minister – over UAH 435,647, income from leasing property (bought before 2006) – UAH 5.15 million, income from selling immovable property (a land parcel) – UAH 8.798 million and income from placing funds on bank accounts – UAH 2.719 million.