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Far Eastern Shipping

July 21, 2004

Since 19th of July 2004 FESCO was transferred on tax registration in Russian State Tax Inspection of the largest payers ?6 (Moscow)

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State Tax Inspection ?6 realizes administration of the largest transport companies. The choice realized in 3 main criterions:
 volume of realized gain;
 volume balance assets;
 volume of tax collection.

FESCO is one of the largest Russian Transport Company. FESCO has the 3d place in volume of all the levels budget transferring among Primorskiy region companies.

In 2003 FESCO’s gain was over then 10 billion rubles, volume of payment at all the levels budget and off-budget funds was 832 million rubles, 244 million rubles of them are transfers to regional and local budgets.

During 6 month of 2004 FESCO transferred 570 million rubles of taxes and taxes collection at all the level budget.

 

 

 

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